As the crypto market evolves, XRP eyes a potential ETF launch, Bitcoin battles to reclaim $100K, and Solana’s ecosystem shows resilience despite price dips. On the other hand, the relatively newer Yeti Ouro (YETIO) picks up steam with unique dApps and staking options. While being highly volatile, these assets reveal growth, innovations, and investment prospects for the development of digital finance.
Ripple News: XRP ETF Could Be Next After Bitcoin’s Milestone Approval
The idea of an XRP exchange-traded fund (ETF) is getting more traction as Ripple’s token gets more acceptance in the market. With Bitcoin and Ethereum ETFs getting approval in 2024, it is said that XRP may be the next one as well. An XRP ETF would improve market opportunity for institutional and retail investors.
Data has also revealed that XRP trading volumes have been on the rise while the number of wallet addresses is growing, which is a sign of a more extensive market. As of now, XRP price is at $2.31 and has been down 4.79% in the past 24 hours due to bearish trends across the market. XRP is still bullish in the long term, with a support level of $2.15. If XRP price moves above $2.47, analysts expect that bullish sentiment will be restored and strengthen the token’s further development.
Source X
Bitcoin Holds Below $100K Amid Renewed Selling Pressure
Bitcoin price is still below $96,000 and continues to decline by 5% on Tuesday due to the strong economic data from the United States and a rising dollar. According to CoinGlass, the long liquidations of Bitcoin stood at $125 million within a single day, suggesting increased bearish pressure.
After briefly reaching $100,000 in December, BTC price has retraced its gains due to various factors, including the Federal Reserve rate hike. Buyers are seen between $92,500 and $96,000, while sellers are expected at $98,500.
Source X
Though the short-term trend of Bitcoin looks bearish, the long-term trend is to the upside. Institutional investors are expected to return to the market as the economic environment becomes favorable again. The optimism resulting from the new US administration’s allegedly crypto-friendly policies could also contribute to the recovery and investments in Bitcoin as a potential growth asset.
Solana’s Price Drops Below $200 But Network Growth Remains Strong
Solana (SOL) price has fallen below $200, down 8.67% in the last 24 hours due to increasing US Treasury yields and profit-taking. Currently at $196.77, major support is found at $181 while resistance can be seen around $205.
While SOL price has been going down, Solana’s network is still expanding. According to HelloMoon, there are more than 5 million new daily first signers on January 6. Furthermore, DEX trading volumes and TVL continue to be strong due to DeFi and NFTs’ growing utilization.
Some analysts think that the SOL price may soon find stability thanks to the growth of the Solana ecosystem, with profitable opportunities opening up if the price rises back to $200. These advancements put Solana in the lineage of leading blockchain platforms, which is still growing.
Source: X
Yeti Ouro: A New ERC-20 Token Gains Traction In 2025
Yeti Ouro, a relatively new ERC-20 token, is being considered a promising asset for high returns during the current bull market. Still, in the second phase of its presale, Yeti Ouro has sold 22,321,137 tokens. That is 22.3% of its stated target, and the tokens are being offered at $0.017 each.
Some of the future developments that the token’s roadmap outlines include the development of dApps and staking, which has attracted both small retail investors as well as institutional investors. In its first stage, the project sold 100 million tokens and collected $1.2 million. Experts believe that Yeti Ouro has recently gained traction due to its low market capitalization and high level of community involvement, making it a possible gem in the altcoin world.
Furthermore, its bullish outlook is bolstered by its racing game, Yeti Go. The P2E game features engaging environments, dynamic gameplay, and sophisticated sound for a thrilling experience for gamers. It further allows for the convergence of a meme culture and utility within the project, thus attracting a larger audience.
With increasing trading activity and growth, Yeti Ouro is all prepared to ride the bullish wave that is currently defining the cryptocurrency market. Investors are closely monitoring the project’s achievements to identify its potential for growth in the future.
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