Market
How DePinFi Solves DePin Challenges: Next Big Narrative?

Decentralized physical infrastructure network finance (DePinFi) is transforming the DePin community by addressing significant challenges in resources and liquidity. This synergy of DePin and DeFi isn’t merely a trend; it’s a solution for critical supply and demand issues.
Analysts explain the pressing problems faced by DePin projects and how DePinFi could solve them.
DePin’s Challenges From the Supply and Demand Side
According to PINGPONG, a DePinFi money market, the primary hurdle in the DePin sector is the high barriers to entry and maintenance. Engaging in DePin network mining demands high-end hardware and advanced technical skills to establish mining nodes.
The process is cumbersome, involving manual integration of nodes or networks, constant updates, and complex device configurations. Consequently, DePin mining remains a domain for expert miners, leaving average enthusiasts sidelined due to these formidable barriers.
Read more: What Is DePIN (Decentralized Physical Infrastructure Networks)?
Additionally, the rewards for mining fail to motivate wider participation. Miners can only connect their devices to a select few DePin networks, leading to underused computing resources. The mining rewards are too low to entice individuals to dedicate their machines to DePin mining extensively.
On the demand side, developers encounter a fragmented development experience. Each DePin network offers different services necessary throughout an application’s lifecycle, written and packaged with diverse tech stacks.
Thus, developers must manage multiple client connections. This setup extends development time and significantly increases infrastructural costs.
DePin networks also struggle with unpredictable uptime and limited compute resource depth. These challenges, combined with geolocation-based latency and volatile service pricing in native tokens, complicate efforts to deliver stable, efficient applications. These issues hinder the adoption and growth of DePin-based services, deterring potential users.
DePinFi: A Promising Solution?
According to Eli5DeFi, a notable Web3 analyst, DePinFi proposes a compelling remedy to these issues. By tokenizing physical infrastructure, DePinFi enables individuals to easily become DePin providers, ensuring liquidity and facilitating participation in DePinFi to boost yields, similar to liquid staking.
In an interview with BeInCrypto, Eli5DeFi likened DePinFi to Lido for DePin projects. He cited examples of DePin projects such as io.net or Aethir to explain the use cases of DePinFi.
“If the GPU is tokenized, you can provide the GPU by buying the token at a fraction of the cost without complexities,” Eli5DeFi told BeInCrypto.
This approach secures additional resources, stabilizes costs, and improves the attractiveness and sustainability of incentives. As a result, it draws a larger consumer base to DePin offerings, leading to more usage and enhanced rewards for providers. Thus, it ensures sustainability without heavy reliance on native mining incentives.
Read more: Top 4 Crypto Passive Income Ideas That Really Work in 2024

Moreover, io.net has teased that it is building an emerging DePinFi ecosystem around its services. DePin company IoTeX also supports the idea of combining DePin and DeFi.
“DePin projects are focused on building in the real world – they might overlook onchain liquidity. That’s what DeFi for DePIN protocols are for,” IoTeX said.
As DePinFi gains traction, it is poised to become the next big narrative in the coming months. The nascent DeFi ecosystem being developed on platforms like io.net marks just the beginning of this journey in decentralized networks.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Will XRP Break Support and Drop Below $2?

XRP is down 5% over the past week, struggling to regain momentum as technical indicators flash mixed signals. Its Relative Strength Index (RSI) has dropped below 50, and the price remains stuck within a tight range between key support and resistance levels.
At the same time, the Ichimoku Cloud has shifted from green to red, with a thickening cloud ahead suggesting growing bearish pressure. With volatility compressing and momentum fading, XRP is nearing a critical point where a breakout—or breakdown—seems increasingly likely.
XRP Struggles to Regain Momentum as RSI Drops Below 50
XRP’s Relative Strength Index (RSI) is currently sitting at 44.54, after recovering from an intraday low of 40.67. Just yesterday, it was at 51.30, highlighting increased short-term volatility.
RSI is a momentum indicator that measures the speed and magnitude of recent price changes to evaluate overbought or oversold conditions.
Readings above 70 typically suggest an asset is overbought, while readings below 30 indicate it may be oversold.

With XRP’s RSI at 44.54, it’s currently in neutral territory, showing neither strong buying nor selling pressure.
However, the fact that it hasn’t crossed the overbought threshold of 70 since March 19—over a month ago—signals a lack of sustained bullish momentum. This could mean XRP is still in a consolidation phase, with the market waiting for a clearer direction.
If RSI continues to climb toward 50 and beyond, it may hint at building momentum, but without a breakout above 70, upside could remain limited.
XRP Faces Uncertainty as Bearish Trend Begins to Expand
XRP is currently trading inside the Ichimoku Cloud, signaling market indecision and a neutral trend.
The Tenkan-sen (blue line) has crossed below the Kijun-sen (red line), which is a bearish signal, but with the price still within the cloud, it lacks full confirmation.
The cloud itself acts as a zone of support and resistance, and XRP is now moving sideways within that zone.

Looking ahead, the cloud has shifted from green to red—a sign that bearish momentum may be building. Even more concerning is that the red cloud is widening, which suggests increasing downward pressure in the near future.
A thickening red Kumo often signals stronger resistance overhead and a potential continuation of a bearish trend if the price breaks below the cloud.
Until XRP breaks out decisively in either direction, the market remains in a wait-and-see phase, but the growing red cloud tilts the bias toward caution.
XRP Compression Zone: A Breakout Could Send Price to $2.50 — Or Much Lower
XRP price is currently trading within a tight range, caught between a key support level at $2.05 and resistance at $2.09. This narrow channel reflects short-term uncertainty, but a decisive move in either direction could set the tone for what’s next.
If the $2.05 support fails, the next level to watch is $1.96. A break below that could trigger a steep drop toward $1.61, which would mark the first close below $1.70 since November 2024—a bearish signal that could accelerate selling pressure.
Recently, veteran analyst Peter Brandt warned that a major correction could hit XRP soon.

On the flip side, if bulls regain control and push XRP above the $2.09 resistance, the next target lies at $2.17. A breakout beyond that could open the door to a move toward $2.50, a price level not seen since March 19.
For that to happen, XRP would need a clear resurgence in momentum and buying volume.
Until then, the price remains trapped in a narrow zone, with both upside and downside potential on the table.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Dogecoin Defies Bullish Bets During Dogeday Celebration

On April 20, Dogecoin enthusiasts worldwide united to mark Dogeday, a community-driven holiday celebrating the world’s most recognizable meme coin.
While the festivities showcased the coin’s loyal fanbase and cultural relevance, the celebration failed to spark any meaningful market movement.
Dogeday Fails to Lift Dogecoin Price as Traders Face $2.8 Million in Liquidations
Instead of riding a wave of positive sentiment, Dogecoin was the worst-performing asset among the top 20 cryptocurrencies during the past day.
According to data from BeInCrypto, the token dropped over 2.5% during the reporting period compared to the muted performance of the general market.
This disappointing performance led to roughly $2.8 million in liquidations, with traders betting on an upward price movement losing more than $2 million, per Coinglass figures.

However, even with the lackluster price action, Dogecoin’s relevance in the crypto ecosystem remains undeniable. Launched in 2013 as a parody of Bitcoin, DOGE has grown far beyond its meme origins.
The digital asset is now the ninth-largest cryptocurrency by market capitalization, currently valued at approximately $22.9 billion, according to CoinMarketCap.
Much of its growth can be attributed to high-profile endorsements. Tesla CEO and presidential advisor Elon Musk has repeatedly voiced support for Dogecoin, as has billionaire entrepreneur Mark Cuban. Their backing helped shift public perception of DOGE from a joke to a legitimate digital asset and payment option.
On social media, Dogecoin continues to lead the memecoin narrative. According to CryptoRank, it was the most mentioned memecoin ticker on X (formerly Twitter) in the past month. This visibility continues to fuel both community engagement and investor interest.

Moreover, institutional interest in Dogecoin is also on the rise. Major asset managers, including Bitwise, Grayscale, 21Shares, and Osprey, have submitted filings to the US Securities and Exchange Commission (SEC) seeking to launch spot Dogecoin ETFs.
If granted, these financial investment vehicles could become the first exchange-traded funds centered entirely on a meme coin.
Considering this, crypto bettors on Polymarket put the odds of these products’ approval above 55% this year. This optimism reflects a growing belief that Dogecoin could soon secure a place in mainstream financial markets.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Tokens Big Players Are Buying

Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN). All three have seen a noticeable uptick in large-holder accumulation over the last week, signaling growing interest from big players despite recent volatility.
While ETH and XCN are both coming off sharp corrections, whale buying suggests confidence in a potential rebound. Meanwhile, FET is riding renewed momentum in the AI sector, with whale activity accelerating alongside rising prices.
Ethereum (ETH)
The number of Ethereum crypto whales—wallets holding between 1,000 and 10,000 ETH—has been steadily climbing since April 15. Back then, there were 5,432 such addresses.
That number has now risen to 5,460, the highest count since August 2023. At the same time, the concentration of ETH held by these whales is also hitting new highs, signaling growing accumulation by large holders.
While this can be interpreted as confidence in Ethereum’s long-term value, it also raises concerns about centralization and potential selling pressure if whales decide to take profits.

Ethereum price is currently down more than 19% over the last 30 days. If the correction continues, the price could retest support at $1,535. Losing that level might send ETH toward deeper support at $1,412 or even $1,385.
However, if the trend reverses, key resistance zones lie at $1,669 and $1,749—with a potential push toward $1,954 if bullish momentum builds.
In this context, the growing dominance of whales could act as either a stabilizing force or a looming risk, depending on how they respond to market shifts.
Artificial Superintelligence Alliance (FET)
The number of FET whales—wallets holding between 10,000 and 1,000,000 tokens—increased from 572 on April 13 to 586 by April 19.
This steady growth in large holders points to rising confidence among bigger players. It comes at a time when the broader AI crypto narrative is showing signs of a rebound.
Key AI coins like FET, TAO, and RENDER have all increased over 9% in the last seven days, with FET itself gaining more than 8% in the past 24 hours and 13.5% over the week. This suggests a possible comeback for the artificial intelligence narrative in crypto.

If this momentum continues, FET could push toward resistance at $0.659. A clean breakout from that level could open the door to further gains, with $0.77 and $0.82 as the next potential targets.
On the flip side, if the rally stalls, FET might drop back to test support at $0.54. A breakdown below that could send it as low as $0.44.
With whale activity heating up and the AI sector showing renewed strength, FET’s next move could be a key signal for where the narrative heads next.
Onyxcoin (XCN)
Onyxcoin was one of the standout performers in January, but its momentum has faded in recent months. After a strong bounce—up of over 57% in the last 30 days, the token is now correcting, down 19% in the past seven days.
Despite this pullback, accumulation continues. The number of crypto whales holding between 1 million and 10 million XCN has grown from 528 on April 16 to 541, suggesting some large holders may be buying the dip.

If the correction deepens, XCN could lose support at $0.0165. A drop below that may open the door to further declines toward $0.0139 and $0.0123.
But if the trend flips back upward, the token could first test resistance at $0.020. A strong breakout from there might lead to a move toward $0.027. With whale activity on the rise and volatility returning, XCN’s next move could be decisive.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
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