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Cryptocurrencies Price Prediction: Solana, Ripple & Pepe — Asian Wrap 28 August

Cryptocurrencies Price Prediction: Solana, Ripple & Pepe — Asian Wrap 28 August
FXStreet TeamFXStreet TeamFXStreet

Solana total value locked and transactions recover, likely to catalyze SOL price recovery

Solana, one of Ethereum network’s competitors, witnessed a 50% increase in the total volume of assets locked (TVL) on its blockchain. Solana’s TVL climbed from 205.11 million to 309.32 million since the beginning of 2023.

XRP price makes comeback above $0.50 as pro-XRP lawyer urges former SEC officials’ testimony

XRP price started its recovery early on Saturday. The recent consolidation in XRP was a result of the developments in the Securities and Exchange Commission (SEC) vs. Ripple lawsuit. Following pro-XRP attorney John Deaton’s comments urging former SEC officials’ testimony, the altcoin’s price made a comeback above $0.50.

PEPE coin team issues statement on bad actors in founding team, 10 trillion PEPE tokens left

PEPE coin suffered a massive decline in its price in response to the sudden transfer and sale of 16 trillion tokens to crypto exchanges. As the community of PEPE holders scrambled for answers, the price of the meme coin nosedived to a low of $0.00000082.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Ripple recovery lacks momentum as bulls defend $1.00 support

Ripple recovery lacks momentum as bulls defend $1.00 support

Ripple maintains a bearish outlook while trading above its immediate $1.00 support on Thursday. The remittance token has sustained a steady decline from the July high of $1.18, underpinning reduced demand and the lack of catalysts to sustain recovery.

Crypto Today: Bitcoin, Ethereum, XRP remain sluggish amid mixed ETF flows

Crypto Today: Bitcoin, Ethereum, XRP remain sluggish amid mixed ETF flows

The cryptocurrency market continues to trade sideways on Thursday, with Bitcoin struggling to reclaim the $64,000 level. Ethereum is attempting to build momentum near the key $1,900 resistance, while Ripple maintains support above $1.00, yet upward movement remains limited.

Bitcoin Price Forecast: BTC rebounds slightly as consolidation range keeps direction unclear

Bitcoin Price Forecast: BTC rebounds slightly as consolidation range keeps direction unclear

Bitcoin rebounds mildly, trading above $63,800 at the time of writing on Thursday after four consecutive days of losses. BTC has been trading sideways since mid-July, while cautious institutional flows and neutral momentum indicators suggest traders remain hesitant, pointing to a lack of clear directional bias.


Hyperliquid eyes 50-day EMA breakout as bullish momentum builds

Hyperliquid eyes 50-day EMA breakout as bullish momentum builds

Hyperliquid is trading in the green on Thursday, extending gains toward the 50-day Exponential Moving Average (EMA) at $58.36. Institutional demand remains firm as Hyperliquid treasury Hyperion DeFi saw a $31 million fair value increase in the last quarter.

Bitcoin: Can bulls weather the market uncertainty?

Bitcoin: Can bulls weather the market uncertainty?

Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.