Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Top Cryptos to Consider Before the Bull Run`s Final Stretch - Is Solana Leading the Charge?

With the cryptocurrency market on the verge of a significant upswing, investors are on the lookout for digital assets with high growth potential. Solana is in the spotlight for its rapid advancements and potential to surpass other cryptocurrencies. Picking the right digital currencies before the market reaches its peak could result in substantial returns. NOW Wallet reports rising transaction volumes for cryptocurrencies like SOL, ADA, XRP, and TRX. Solana Aims for a $265 Resistance as Bullish Momentum Builds Solana is displaying bullish momentum, with its relative strength index above 60 and a positive MACD level. Although it experienced an 8% dip last week, the cryptocurrency has gained nearly 50% over the past six months. Its current price fluctuates between $182 and $234, nearing the $265 resistance. Should the upward trajectory persist, Solana might target the next resistance at $318, representing a potential 30% increase from its current value. Transaction volumes have been rising, as noted by NOW Wallet, an all-in-one app designed for securely managing cryptocurrencies like Solana, without any custody or hidden fees. >>> Streamline and Expand Your Crypto Holdings Easily with NOW Wallet Cardano Under Bearish Influence Amid Recent Price Drop Cardano (ADA) is currently under bearish pressure, with its price ranging from $0.71 to $0.95, having fallen nearly 19% in the last week and about 29% over the month. The short-term average price is below the long-term average, indicating downward momentum. Although the strength index shows neutral activity, negative indicators point to a bearish trend. If the price falls below the $0.61 support, it could target the next support at $0.37. Alternatively, if buyers emerge, the price might aim for resistance levels at $1.09 and $1.32. Importantly, transaction volumes have been on the rise, according to NOW Wallet, a secure app for managing cryptocurrencies. >>> Streamline and Expand Your Crypto Holdings Easily with NOW Wallet XRP Eyes $3.50 Resistance as Bullish Momentum Grows XRP`s price is fluctuating between $2.29 and $3.04. Despite a 14% decline over the last week, it has seen an 8% increase over the month and a significant 338% surge over six months. Momentum indicators suggest a neutral market with a slight bullish inclination. If the price surpasses the $3.50 resistance level, it could climb to $4.25, marking a potential increase of over 40% from its current position. Notably, XRP transaction volumes have seen a rise, as reported by NOW Wallet, an app for securely storing, swapping, staking, and managing cryptocurrencies without custody. XRP can be held on NOW Wallet without registration and with no hidden fees. TRON Under Bearish Pressure but Targeting Key Resistance Levels TRON (TRX) is experiencing bearish pressure, with its price between $0.21 and $0.25, having dropped by 9% over the past week. The Relative Strength Index is at a neutral 51. If the price remains above the $0.20 support level, it could aim for the $0.27 resistance. Breaking past $0.27 might propel it towards $0.31, representing a potential 35% increase from the current price. The 10-day Simple Moving Average is $0.22, lower than the 100-day average of $0.24, indicating short-term weakness. Despite recent drops, transaction volumes have notably increased, as reported by NOW Wallet, an app for securely managing cryptocurrencies like TRON without custody or hidden fees. Conclusion In summary, Solana (SOL), Cardano (ADA), XRP, and TRON (TRX) offer distinct opportunities for investors and traders. Solana is notable for its fast transaction speeds and low costs. Cardano prioritizes sustainability and innovation. XRP is focused on revolutionizing cross-border payments. TRON targets decentralized applications and content distribution. For those considering investments in these cryptocurrencies, the NOW Wallet app is an excellent choice. It ensures privacy and security without requiring registration or holding user funds. NOW Wallet simplifies crypto management with straightforward fiat-to-crypto operations and supports the storage and quick exchange of thousands of tokens across major blockchains. Its built-in cross-chain swapping features make transactions easy and efficient. Bitzo

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Kraken welcomes Ben Gray as Chief Legal Officer

In his new role, Ben Gray will oversee our legal, compliance and enterprise risk management operations, guiding the company through the rapidly evolving regulatory landscape. He will ensure we continue to uphold the highest standards of compliance and integrity as it further expands its geographical footprint and product portfolio. Ben will report directly to our co-CEOs Arjun Sethi and David Ripley. Co-CEO Arjun Sethi : “Ben is a critical addition to our leadership team as we scale the business and drive innovation globally. His deep experience as a general counsel and chief compliance officer make him an ideal CLO for Kraken, as the industry continues fighting for regulatory clarity and consumer protections.” Co-CEO David Ripley : “By aligning legal, compliance and risk within this team, we are looking forward to leveraging Ben’s unique experience to ensure seamless execution and operational excellence across the markets in which we operate globally.” CLO Ben Gray : “I am honored to step into the role of CLO at Kraken, a company that has consistently been at the forefront of the cryptocurrency industry. Over the past year, we’ve seen tremendous progress in moving towards regulatory clarity around the globe and 2025 will be a pivotal year.” “Those that adapt most effectively — without compromise to their ability to innovate and provide the best possible client experience — will come out on top. Kraken is extremely well positioned to capitalize on this opportunity, and I couldn’t be more excited to join during this next phase of growth for the crypto industry.” Ben brings over 15 years of experience at the intersection of blockchain, crypto and legal compliance. His career has spanned diverse roles, from serving in the U.S. federal government as a financial regulator to working as a regulatory attorney during the early days of Bitcoin. He pioneered compliance frameworks for consumer-facing crypto products at Block (formerly Square) and led innovative stablecoin initiatives at Paxos, including the USDG stablecoin, which was launched in partnership with Kraken. His unique background and leadership skills will help us with the ongoing expansion of its global footprint while navigating regulatory changes in its major markets such as Europe and the U.S. Ben succeeds Marco Santori, who has been our CLO since 2020. Marco, who was instrumental in building a world-class legal team, representing crypto on the global stage and tackling critical regulatory challenges, will stay on as an advisor. These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake, or hold any cryptoasset or to engage in any specific trading strategy. Kraken makes no representation or warranty of any kind, express or implied, as to the accuracy, completeness, timeliness, suitability or validity of any such information and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are regulated and others are unregulated; regardless, Kraken may or may not be required to be registered or otherwise authorised to provide specific products and services in each market, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the crypto-asset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply. See Legal Disclosures for each jurisdiction here . The post Kraken welcomes Ben Gray as Chief Legal Officer appeared first on Kraken Blog . Bitzo