Cryptocurrency news may 31 2025
But even with that recovery, the price remains far below its January peak of $109,225, and analysts warn that its decoupling from macroeconomic trends is not yet complete zhilei zhang boxrec. Arguments for continued upward momentum in the name include technical indicators which are currently bullish (RSI > 70, suggesting potential near term overbought conditions)}
On the technical front, May will see several notable network developments. Ethereum’s highly anticipated Pectra upgrade goes live on May 7, aimed at improving performance and user experience. Other key updates include RUNE’s Mainnet V3.5, IOTA’s new mainnet, and hardforks from KAS and XEC, all contributing to growing momentum around infrastructure innovation.
Throughout 2025, SUI is predicted to trade between $2.41 and $8.80 based on SUI upward revised price targets (Oct 12th). Key drivers: institutional adoption and technological advancements. If market conditions remain favorable, SUI could experience significant growth.
Cryptocurrency news cardano
Cardano’s development is backed by three companies: IOHK, a blockchain R&D company founded by Charles Hoskinson and Jeremy Wood; the Cardano Foundation, a nonprofit dedicated to Cardano adoption and development; and Emurgo, a venture capital firm based in Japan.
Cardano is a blockchain-based smart contract platform that aims to compete against similar platforms such as Ethereum, Tezos, and EOS, among others, through a more modular, layered protocol that runs on a proof-of-stake consensus algorithm called Ouroboros.
Stay tuned for Cardano news. Discover expert analysis, market trends, and ADA updates. Stay informed about Cardano’s market performance, industry implications, and regulatory developments. Join the crypto revolution and stay ahead with our comprehensive coverage. Read the news below.
Cardano’s development is backed by three companies: IOHK, a blockchain R&D company founded by Charles Hoskinson and Jeremy Wood; the Cardano Foundation, a nonprofit dedicated to Cardano adoption and development; and Emurgo, a venture capital firm based in Japan.
Cardano is a blockchain-based smart contract platform that aims to compete against similar platforms such as Ethereum, Tezos, and EOS, among others, through a more modular, layered protocol that runs on a proof-of-stake consensus algorithm called Ouroboros.
Cryptocurrency news april 26 2025
The middle of April saw XRP enter a consolidation phase, fluctuating between $2.05 and $2.25. Despite the lack of aggressive upward momentum, the price remained stable as institutional interest in XRP gained traction. A notable development was the announcement by CME Group, one of the world’s largest derivatives marketplaces, to introduce futures contracts for XRP, set to begin trading in May. This signaled institutional endorsement and positioned XRP for deeper integration into regulated investment platforms.
Litecoin (LTC) surged over 30% this month, hitting $83.50, fueled by hopes of a spot LTC ETF approval. The price bounced off key support at $61, forming a bullish megaphone pattern that could see LTC jump 70% to $142 if momentum holds. ETF optimism remains high, with firms like Grayscale and CoinShares applying. Long-term holders are also accumulating, adding strength to the bullish case. However, failure to break key technical levels could push LTC down toward $50.
The broader crypto market sentiment shifted from caution to cautious optimism, driven by capital inflows, new ETF proposals, institutional investments, and ecosystem developments, indicating a maturing market environment.