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Summary ⚈ XRP network activity surged 67.50% as price climbed from $1.97 to $2.26 ⚈ Tightened Bollinger Bands suggest incoming volatility; supply unlock may limit upside ⚈ Upcoming SEC meeting could offer clarity on Ripple case and boost investor sentiment XRP ’s network activity, a measure of unique wallet addresses involved in successful transactions, saw a sharp increase from April 11 to April 20. Namely, the metric marked a 67.50% surge in the aforementioned timeframe, per data from cryptocurrency market intelligence platform GlassNode shared by technical analyst Ali Martinez. $XRP network activity jumped 67.50%, with active addresses rising from 27,352 to 40,366! pic.twitter.com/fDiERMIYiz — Ali (@ali_charts) April 21, 2025 In the specified period, the price of XRP shot up by 6.09%, from $1.97 to $2.09. By press time on April 23, the token was trading at $2.26, having made an additional 8.13% move to the upside, with year-to-date (YTD) returns standing at 8.82%. XRP price 1-day chart. Source: Finbold In tandem with this, Martinez recently noted a significant drop in new XRP addresses , as covered by Finbold on April 20. Therefore, we can surmise that the recent rally was not caused by an influx of new traders. XRP network activity increase is just one bullish signal currently at play Beyond the XRP network activity increase, the technical analyst also highlighted that Bollinger Bands ( BB ), which measure potential price movements, have tightened, indicating that XRP could see increased volatility going forward. With that being said, supply and demand dynamics could dampen the momentum of the current bull run. Ripple Labs is scheduled to unlock 1 billion XRP on May 1 , and the increase in circulating tokens might moderate future moves to the upside. However, historically, unlocks have not resulted in major supply disruptions — and as the cryptocurrency market is currently seeing large inflows , XRP seems set to move closer to its next crucial resistance level at $2.40. Moreover, as XRP’s open interest is near 1-year lows , recent price action trending upward is not the result of derivatives trading — rather, the most likely reason is increased spot trading. Lastly, a closed-door Securities and Exchange Commission (SEC) meeting on April 24 could bring new clarity as to when the Ripple v. SEC case will reach a definitive conclusion, which could provide an additional bullish catalyst. Featured image via Shutterstock The post XRP network activity skyrockets 67% appeared first on Finbold .
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CFTC Welcomes Public Comments on 24/7 Trading – Acting Chairman Says Agency Must Take ‘Forward-Looking’ Approach
The Commodity Futures Trading Commission (CFTC) is asking the public to comment on the idea of allowing round-the-clock trading in derivatives markets. In a statement, the federal agency, which regulates the derivatives markets, says it is exploring the possibility of 24/7 trading to keep up with shifting financial trends. Says Acting Chairman Caroline Pham, “As I have long said, the CFTC must take a forward-looking approach to shifts in market structure to ensure our markets remain vibrant and resilient while protecting all participants. One evolving trend is the move to 24/7, 24/6, or 24/5 trading hours. I look forward to the public comments on this market innovation.” The agency is specifically seeking comments on the effects and risks of permitting trading at all hours of the day. “This request seeks comment on the implications of extending the trading of CFTC-regulated derivatives markets to an effectively 24/7 basis, including the potential effects on trading, clearing and risk management which differ from trading during current market hours. The request also seeks comment on the risks of 24/7 trading, and the associated clearing systems, including risks related to the areas of market integrity, customer protection or retail trading.” The agency will receive public comment until May 21st. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post CFTC Welcomes Public Comments on 24/7 Trading – Acting Chairman Says Agency Must Take ‘Forward-Looking’ Approach appeared first on The Daily Hodl . Finbold
Rice Robotics Introduces Innovative Minibot M1 in Collaboration with Floki
Rice Robotics launches Minibot M1 with Floki`s support for enhanced efficiency. The community actively contributes to both development and marketing efforts. Continue Reading: Rice Robotics Introduces Innovative Minibot M1 in Collaboration with Floki The post Rice Robotics Introduces Innovative Minibot M1 in Collaboration with Floki appeared first on COINTURK NEWS . Finbold
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