PeerMe priceSUPER

The amount of $ETH burned as a result of transaction fees hit an all-time low on Saturday, signaling a significantly reduced demand for Ethereum's blockspace.  Ethereum's EIP-1559 change,which simplified the transaction fee process,also requires that the network burn all $ETH used to pay the base transaction fee. The mechanism was designed to reduce inflationary pressure and potentially make Ethereum a deflationary asset during periods of high network activity. Just 53.07 $ETH worth about $106,000 at current prices, was burned on Saturday, according to The Block's data, an all-time low value. The supply of $ETH is expected to grow 0.76% per year taking the burn rate from the last 7 days into account, according to Ultrasound.money data.  The low burn rate coincides with declines in other measures of activity on Ethereum, such as active addresses. The seven-day moving average of active addresses recently fell to the lowest value since Oct. 2024, according to The Block's data. New address creations, transaction counts, and daily volumes have also declined over recent weeks.  Standard Chartered recently sharply lowered its 2025 price target for Ethereum from $10,000 to $4,000, as the network's Layer 2s grow in number and scale. "Layer 2s, and Base in particular, now extract super-profits from the $ETH ecosystem," Standard Chartered's global head of digital assets research, Geoffrey Kendrick, previously said in a statement to The Block.  Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures. 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice

Get Ready for another big move in crypto history get ready for April 2 . a super bullish move could take place $ETH $SHIB

Despite the major victory for Ripple in its long-standing legal battle with the U.S. SEC, XRP price has failed to surge to new heights. For context, the SEC recently dropped its appeal against Ripple, a move expected to eliminate all legal baggage and potentially trigger a massive price rally for XRP. However, XRP only climbed to $2.60 before retreating to $2.43, leaving many investors puzzled. On a recent episode of The Good Morning Crypto show, host Abdullah “Abs” Nassif addressed this sentiment, noting that many in the XRP community, including everyday investors, question why the price remains stagnant despite the bullish news.  Nassif pointed out that some investors, like his friend’s grandfather, are constantly monitoring XRP-related updates, expecting a major price movement that has yet to materialize. The Market Priced in the Outcome Early In response, Johnny Krypto, co-founder of Merlin, explained that the lack of a substantial price spike was expected. He argued that markets often price in expectations well in advance, meaning the XRP rally that took the price from $0.50 to $2.50 last November was a response to speculation that the case would eventually come to a favorable end. “When Trump won, there was no logical reason for XRP’s price to jump, but the market was pricing in that the lawsuit would be dropped,” Johnny noted. “That’s why we saw the big pump back then.” He added that if the SEC had maintained the appeal, XRP’s price would have likely plummeted instead of staying stable. Since traders had already positioned themselves based on this expectation months ago, there was little room for additional upside when the news became official. What’s Next for XRP? Now that Ripple is no longer weighed down by the legal battle, the question becomes: what will drive XRP’s next price rally?  Nassif and his guests stressed that the lawsuit’s resolution is important, but it does not guarantee immediate price gains. The next phase for Ripple and XRP will depend on adoption, real-world use cases, and institutional investments. Johnny pointed out that for XRP to climb higher, there must be new demand. “We need big contracts, institutional adoption, and fresh capital coming in,” he said. “Now the monkey is off their back, and they have to prove the real value of XRP.” Notably, some factors that could fuel XRP’s next rally include tokenization, cross-border payments, and central bank digital currency (CBDC) initiatives. These developments will likely help in shaping XRP’s long-term price trajectory.  A New Base for XRP? Interestingly, analyst Mario shared similar views, noting that XRP is now trading at a new, higher base. He explained that the token witnessed suppression under $1 for an extended period due to the lawsuit but has since stabilized around the $2 mark. “We were severely dragged down for the longest time. Now that XRP is unleashed, we’re sitting at that $2 range, which is a good new base,” Mario said. However, he stressed that utility and institutional adoption will be important in pushing XRP toward higher price levels. He also highlighted that Ripple’s ongoing developments in stablecoins, tokenization, and payments will be important in driving long-term growth. Institutions can now enter the XRP market without fear of regulatory backlash, which could open the door for significant capital inflows. Despite the short-term price stagnation, analysts on the show remained optimistic about XRP’s future. Johnny suggested that in a bullish market, XRP could reach price targets of $4 to $8, and in the event of a “super cycle,” it could go even higher.  However, he cautioned that XRP’s next major move would likely be driven by new developments rather than regulatory news. $XRP

Despite the major victory for Ripple in its long-standing legal battle with the U.S. SEC, XRP price has failed to surge to new heights. For context, the SEC recently dropped its appeal against Ripple, a move expected to eliminate all legal baggage and potentially trigger a massive price rally for XRP. However, XRP only climbed to $2.60 before retreating to $2.43, leaving many investors puzzled. On a recent episode of The Good Morning Crypto show, host Abdullah “Abs” Nassif addressed this sentiment, noting that many in the XRP community, including everyday investors, question why the price remains stagnant despite the bullish news.  Nassif pointed out that some investors, like his friend’s grandfather, are constantly monitoring XRP-related updates, expecting a major price movement that has yet to materialize. The Market Priced in the Outcome Early In response, Johnny Krypto, co-founder of Merlin, explained that the lack of a substantial price spike was expected. He argued that markets often price in expectations well in advance, meaning the XRP rally that took the price from $0.50 to $2.50 last November was a response to speculation that the case would eventually come to a favorable end. “When Trump won, there was no logical reason for XRP’s price to jump, but the market was pricing in that the lawsuit would be dropped,” Johnny noted. “That’s why we saw the big pump back then.” He added that if the SEC had maintained the appeal, XRP’s price would have likely plummeted instead of staying stable. Since traders had already positioned themselves based on this expectation months ago, there was little room for additional upside when the news became official. What’s Next for XRP? Now that Ripple is no longer weighed down by the legal battle, the question becomes: what will drive XRP’s next price rally?  Nassif and his guests stressed that the lawsuit’s resolution is important, but it does not guarantee immediate price gains. The next phase for Ripple and XRP will depend on adoption, real-world use cases, and institutional investments. Johnny pointed out that for XRP to climb higher, there must be new demand. “We need big contracts, institutional adoption, and fresh capital coming in,” he said. “Now the monkey is off their back, and they have to prove the real value of XRP.” Notably, some factors that could fuel XRP’s next rally include tokenization, cross-border payments, and central bank digital currency (CBDC) initiatives. These developments will likely help in shaping XRP’s long-term price trajectory.  A New Base for XRP? Interestingly, analyst Mario shared similar views, noting that XRP is now trading at a new, higher base. He explained that the token witnessed suppression under $1 for an extended period due to the lawsuit but has since stabilized around the $2 mark. “We were severely dragged down for the longest time. Now that XRP is unleashed, we’re sitting at that $2 range, which is a good new base,” Mario said. However, he stressed that utility and institutional adoption will be important in pushing XRP toward higher price levels. He also highlighted that Ripple’s ongoing developments in stablecoins, tokenization, and payments will be important in driving long-term growth. Institutions can now enter the XRP market without fear of regulatory backlash, which could open the door for significant capital inflows. Despite the short-term price stagnation, analysts on the show remained optimistic about XRP’s future. Johnny suggested that in a bullish market, XRP could reach price targets of $4 to $8, and in the event of a “super cycle,” it could go even higher.  However, he cautioned that XRP’s next major move would likely be driven by new developments rather than regulatory news. $XRP

🚀 Smart Money Accumulating $BEAM! 🚀 🔥 +8.7% in 24H, and still in the accumulation zone! 📊 Recent Smart DEX Trader (SDT) Activity: Accumulated 137.37M $BEAM on Ethereum over 7 days Avg. Buy Price: $0.02 Current Price: $0.007583 (still a bargain!) 7-Day Trading Trend: Accumulation Mode 🚀 💡 What’s Next? Smart money doesn’t accumulate for no reason - are we looking at a big move incoming? Bullish or super bullish on $BEAM? 👇 #BEAM #Crypto #SmartMoney