Market
Ripple’s XRP Transfers, Notcoin Surges and More

This week, the crypto ecosystem has been filled with significant events, from Ripple’s large-scale XRP transfers to Binance’s delisting actions and Notcoin’s price surge.
Moreover, as Bitcoin (BTC) hovers around $71,000, a veteran analyst has set a target of $150,000 for the bull market peak. Similarly, asset manager VanEck gave a humongous target of $22,000 for Ethereum. VanEck believes that ETH might hit the target by 2030.
Ripple’s XRP Transactions Raise Eyebrows
This past weekend, Ripple initiated the transfer of 3 billion XRP tokens, stirring significant discussions in the crypto community. Notably, these transactions, valued at approximately $1.5 billion, deviated from Ripple’s typical monthly release of about 1 billion tokens.
According to crypto analyst Michael Nardolillo, these movements primarily involved internal transfers for escrow management. Despite the substantial volume, XRP’s price has remained relatively stable at around $0.5242, reflecting the market’s tempered response to these developments.
“Majority of these are internal movements and escrow relock ups. Everyone it says ‘unknown’ account the bot was wrong and it was still a Ripple account,” crypto analyst Michael Nardolillo explained.
Read more: Ripple (XRP) Price Prediction 2024 / 2025 / 2030

Binance Delists 4 Altcoins
On Monday, Binance announced it would delist four altcoins – OMG Network (OMG), Waves (WAVES), Wrapped NXM (WNXM), and NEM (XEM), effective June 17, 2024. This decision is part of Binance’s routine assessment to ensure a high-quality trading environment.
“When tokens no longer meet our listing criteria or significant changes occur in the industry environment, we conduct a thorough project review and may delist them,” Binance said.
Consequently, the prices of these coins have sharply declined, with OMG, WAVES, and XEM experiencing significant drops, whereas WNXM has seen only a slight decrease.
Read more: Binance Review 2024: Is It the Right Crypto Exchange for You?

Notable Surge for Notcoin
In contrast to four altcoins delisted by Binance, Notcoin (NOT) has recently captured the market’s attention with an impressive 80% rise in the past week. After its initial release at $0.012 and a subsequent price drop, NOT rebounded dramatically, achieving a peak of $0.029.
This surge propelled Notcoin’s market capitalization near the top 50 cryptocurrencies, driven by strategic staking functions and token burns. However, after the highs at $0.029, Notcoin has been down by over 25%, currently trading at $0.021.
Read more: What is Notcoin (NOT)? A Guide to the Telegram-Based GameFi Token

Bitcoin’s Future: A Lofty Prediction
A seasoned trader, Peter Brandt, predicts that Bitcoin could climb to $150,000 by September 2025. His forecast hinges on the historical market cycles and Bitcoin’s halving events, which often signal the start of bullish phases.
Although Brandt remains cautious about the certainty of this prediction, he advises investors to monitor Bitcoin’s trends closely, especially if it struggles to set new highs.
“It should be noted that the highs of past bull markets line up quite well against an inverted parabolic curve. Should this tendency also continue, the high of this bull market cycle could be in the $130,000 to $150,00 range. The X on the chart marks the probably high date and price level,” Brandt wrote.
Read more: Bitcoin (BTC) Price Prediction 2024/2025/2030

VanEck’s Bold Ethereum Prediction
VanEck, a leading asset manager, projects that Ethereum could reach $22,000 by 2030, assuming continued approval of crypto-related financial products like exchange-traded funds (ETFs).
This optimism stems from Ethereum’s growing utility in various sectors, positioning it as a potential disruptor in the financial and technological landscapes. VanEck’s scenario suggests significant growth potential for Ethereum, predicated on its ability to maintain a dominant position among smart contract platforms.
“The centerpiece asset of this financial system is the ETH token, and in our updated base case, we believe it to be worth $22,000 by 2030, representing a total return of 487% from today’s ETH price, a compound annual growth rate (CAGR) of 37.8%,” VanEck stated.
Read more: Ethereum (ETH) Price Prediction 2024/2025/2030
Base Case | Bull Case | Bear Case | |
Ethereum Terminal Smart Contract Market Share | 70.00% | 90.00% | 15.00% |
ETH Price Target | |||
Estimated Revenue 2030 ($M) | $78,501 | $361,641 | $2,477 |
Global Tax Rate on Crypto | 15% | 15% | 15% |
Validator Cut | 1.00% | 1.00% | 1.00% |
FCF to Tokenholders in 2030 ($M) | $66,058 | $304,321 | $2,084 |
FCF Terminal Multiple | 33.33 | 50 | 20 |
ETH FDV ($M) | $2,201,945 | $15,216,032 | $41,681 |
ETH Supply in 2030 | 100.07 | 98.85 | 115.73 |
Token Price 2030 (USD) | $22,000 | $154,000 | $360 |
This Week’s Crypto Top 10
This week, among the top 10 crypto with the highest market capitalization, BNB was the top-performing asset with an 18.32% increase. In fact, on Wednesday, BNB reached a new all-time high, surpassing $700.
Bitcoin has shown strong performance, up by 5.22% this week. Conversely, Ethereum posted modest gains, up by just 0.60% in the same timeframe.
Read more: Which Are the Best Altcoins To Invest in June 2024?

This week, Toncoin (TON) surged by 16.75%, flippening the market capitalization of Cardano (ADA). As of writing, the market cap of TON stands at $18.13 billion, whereas the market cap of ADA stands at $17.39 billion.
The rest of the cryptocurrencies have maintained their ranking compared to last week.
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
Cardano (ADA) Whales Hit 2-Year Low as Key Support Retested

Cardano (ADA) is facing mounting pressure as its price corrects by 10% over the past seven days, continuing a broader downtrend that has kept it trading below the $1 mark for nearly a month. With technical indicators flashing warning signs and large holders exiting their positions, concerns around ADA’s short-term stability are growing.
The recent rejection at higher resistance levels and a strong directional trend signal suggest that bearish momentum is far from over. As the $0.64 support level is tested once again, ADA’s next move could determine whether a rebound is possible—or if further downside is ahead.
Cardano ADX Shows The Downtrend Is Very Strong
Cardano’s Average Directional Index (ADX) is currently at 40.19, rising sharply from 15.83 just four days ago. This steep increase suggests a rapid strengthening in the trend’s momentum.
Given that ADA is currently in a downtrend, the rising ADX indicates that bearish momentum is intensifying and the current downward move is gaining traction.

The ADX is a trend strength indicator that measures how strong a trend is, regardless of its direction. It ranges from 0 to 100, with readings below 20 typically indicating a weak or non-existent trend, while values above 25 suggest a strong trend is in place.
Cardano’s ADX climbing above 40 confirms that the current downtrend is active and becoming stronger. If this trend continues, it may point to further downside pressure unless a shift in momentum begins to build from the bulls.
ADA Whales Dropped To Their Lowest Level Since February 2023
The number of Cardano whales—wallets holding between 1 million and 10 million ADA—has dropped to 2,406, down from 2,421 just four days ago.
This decline brings the whale count to its lowest level since February 2023, marking a potentially meaningful shift in large-holder behavior. These movements are worth paying attention to, as changes in whale holdings often precede broader market trends.
Tracking whales is important because these large holders can significantly influence price action through their buying or selling decisions. A decline in whale numbers can signal reduced confidence or capital rotation into other assets.

In Cardano’s case, the drop suggests that some major players may be exiting or reducing exposure, which could add downward pressure to ADA’s price.
If this trend continues, it could weaken investor sentiment and make it harder for ADA to recover in the short term.
Can Cardano Sustain The $0.64 Support Again?
Cardano price recently tested the support level at $0.64 and managed to hold, showing that buyers are still defending that zone. This support has become a key line in the sand for ADA’s short-term outlook.
If the current downtrend is reversed and bullish momentum picks up, the next upside target would be the resistance at $0.69. A breakout above that level could open the door for a push toward $0.77.

Should the rally continue with strength, ADA could aim for $1.02—marking a return above the $1 level for the first time since early March.
However, the $0.64 support remains a critical level to watch. If Cardano tests it again and fails to hold, it could indicate weakening buyer conviction.
A breakdown below $0.64 would likely send ADA toward the next support at $0.58. This would confirm a continuation of the downtrend and possibly trigger further selling pressure.
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
This is Why PumpSwap Brings Pump.fun To the Next Level

Since launching PumpSwap, token launchpad Pump.fun has resumed its position as a top-level protocol by fees and revenue. It saw over $2.62 billion in volume in less than two weeks, signifying high market interest.
Nonetheless, the meme coin sector as a whole has been more volatile than usual lately. PumpSwap is an attractive new option, but it still needs to stand the test of time.
Pump.fun Surges with PumpSwap
Pump.fun, a prominent meme coin creation platform, recently suffered some difficulties in the market. Facing lawsuits and criticism from the industry, the platform’s revenue had been declining in 2025. However, since launching PumpSwap, Pump.fun’s income has rebounded, making it one of the largest protocols by fees and revenue.

PumpSwap is a decentralized exchange on Solana’s blockchain, and it has grown very quickly since its launch less than two weeks ago. It has already managed over $2.62 billion in trade volume, although its daily volume fell over the weekend. Pump.fun’s cofounder spoke highly about PumpSwap, calling it a “crucial step that will help grow the ecosystem.”

Pump.fun’s overall revenues were declining before it launched PumpSwap, and they have since jumped back up. However, it’s important to not overstate the new exchange’s success. The exchange’s total fees collected have skyrocketed compared to Pump.fun, but the actual revenue growth has been comparatively small.

Still, these low fees also have significant advantages. Demand seems to be drying up in the meme coin sector, but Pump.fun faces stiff competition in the form of firms like Raydium, using low fees as a competitive edge. It has also promised things like revenue sharing with token creators to promote ecosystem growth.
Ultimately, the meme coin market as a whole is full of uncertainty. PumpSwap has been able to keep Pump.fun competitive as a top-level platform in this space, giving it a welcome reprieve. The real challenge will come in determining long-term viability.
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
Hedera (HBAR) Bears Dominate, HBAR Eyes Key $0.15 Level

Hedera (HBAR) is under pressure, down roughly 13.5% over the past seven days, with its market cap holding at around $7 billion. Recent technical signals point to growing bearish momentum, with both trend and momentum indicators leaning heavily negative.
The price has been hovering near a critical support zone, raising the risk of a breakdown below $0.15 for the first time in months. Unless bulls regain control soon, HBAR could face further losses before any meaningful recovery attempt.
HBAR BBTrend Has Been Turning Heavily Down Since Yesterday
Hedera’s BBTrend indicator has dropped sharply to -10.1, falling from 2.59 just a day ago. This rapid decline signals a strong shift in momentum and suggests that HBAR is experiencing an aggressive downside move.
Such a steep drop often reflects a sudden increase in selling pressure, which can quickly change the asset’s short-term outlook.
The BBTrend, or Bollinger Band Trend, measures the strength and direction of a trend using the position of price relative to the Bollinger Bands. Positive values generally indicate bullish momentum, while negative values point to bearish momentum.

The further the value is from zero, the stronger the trend. HBAR’s BBTrend is now at -10.1, signaling strong bearish momentum.
This suggests that the price is trending lower and doing so with increasing strength, which could lead to further downside unless buyers step in to slow the momentum.
Hedera Ichimoku Cloud Paints a Bearish Picture
Hedera’s Ichimoku Cloud chart reflects a strong bearish structure, with the price action positioned well below both the blue conversion line (Tenkan-sen) and the red baseline (Kijun-sen).
This setup indicates that short-term momentum is clearly aligned with the longer-term downtrend.
The price has consistently failed to break above these dynamic resistance levels, signaling continued seller dominance.

The future cloud is also red and trending downward, suggesting that bearish pressure is expected to persist in the near term.
The span between the Senkou Span A and B lines remains wide, reinforcing the strength of the downtrend. For any potential reversal to gain credibility, HBAR would first need to challenge and break above the Tenkan-sen and Kijun-sen, and eventually push into or above the cloud.
Until then, the current Ichimoku configuration supports a continuation of the bearish outlook.
Can Hedera Fall Below $0.15 Soon?
Hedera price has been hovering around the $0.16 level and is approaching a key support at $0.156.
If this support fails to hold, it could open the door for further downside, potentially pushing HBAR below the $0.15 mark for the first time since November 2024.

However, if HBAR manages to reverse its current trajectory and regain bullish momentum, the first target to watch is the resistance at $0.179.
A breakout above that level could lead to a stronger rally toward $0.20 and, if momentum continues, even reach $0.215. In a more extended bullish scenario, HBAR could climb to $0.25, signaling a full recovery and trend reversal.
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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