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Cryptocurrency News Articles
The broader crypto market has shown signs of recovery
Mar 14, 2025 at 03:17 am
The broader crypto market has shown signs of recovery over the past 24 hours, with its market cap currently at $2.7 trillion
The broader cryptocurrency market has shown signs of recovery over the past 24 hours, with its market cap currently at $2.7 trillion after it dropped to a quarterly low of $2.51 trillion two days ago.
Although Bitcoin (BTC) and most altcoins are making gains today, XRP (XRP) and Pi (PI) are performing better than most other tokens in the list of top 15 cryptocurrencies.
XRP, which focuses on facilitating institutional liquidity management and cross-border payments, grew by 2.97% since yesterday. PI, which emerged as a more accessible solution for peer-to-peer payments for small to medium-sized businesses and individuals, is up 7.55%.
As excitement builds around the possibility of settlement in the SEC vs Ripple case and PI’s potential Binance listing, the two altcoins could be positioned for further growth. Besides them, investors are also showing increased interest in Solaxy (SOLX), a project still in its presale with over $26 million raised for the first Solana layer 2.
PI Sees a Jump in Value Ahead of Potential Binance Listing
PI, which entered the market on February 20th after it spent six years in development, has seen its price fluctuate dramatically over the past month. On launch, the token dipped from $1.48 to the $0.64 level, only to rise to its all-time high (ATH) of $2.98 in the last days of February.
However, the token experienced a correction since, which brought its price to $1.72, representing a 42.28% drop from its ATH.
PI is already the 11th largest cryptocurrency today, despite being a new addition to the market, and its monthly price action, showing a 2.40% increase, currently outperforms every other token in the top 20, which have declined by 0.50% to 35.27% over the same period.
Gem Hunter, a crypto analyst, believes PI will hold onto its momentum over the upcoming weeks, placing a target at the $4 level for the token as he expects it to soar further.
🚨 $PI is outperforming the entire crypto market
The weekly $PI chart looks incredibly bullish I’m expecting a move to $4 in the coming weeks
Meanwhile $BTC $ETH $SOL and others are dumping hard but $PI remains strong Just compare it to BTC and ETH you’ll see how bullish it is pic.twitter.com/NOCLC5twh5— GEM HUNTER 💎 (@TrueGemHunter) March 13, 2025
With 86% of the nearly 300,000 voters on the official Binance poll voting in favor of listing PI on the exchange, market analyst Bitcoin Buddha believes PI is heading toward $5-$10 in the long term.
Rumors of the SEC’s Intentions to Drop the Ripple Lawsuit See a Spike in XRP’s Price
Although XRP entered 2025 priced at $2.05, it skyrocketed to $3.1 by the end of January, when Mark Uyeda became the chairman of the SEC. However, the excitement dwindled following the market-wide downturn, which brought XRP below its early January levels two days ago, when the token reached $1.98.
Yesterday, journalist Eleanor Terrett shared that the SEC, which previously halted 11 lawsuits against crypto firms such as Kraken, Coinbase, and Binance, could wrap up its case against Ripple shortly. The news undoubtedly helped XRP recover, as the token went up to $2.26 over the past 24 hours.
Despite the exciting news, Mikybull, a charts analyst, believes XRP is preparing for another dip that would take its current 14-day Relative Strength Index (RSI) of 45.75 to the oversold level.
$XRP
Show me the chart, and I will tell you the news.
A bigger move is coming until it hits the oversold level in this cycle. pic.twitter.com/FHKVIJhYuL
— Mikybull 🐂Crypto (@MikybullCrypto) March 13, 2025
However, crypto expert Coinvo is confident that XRP can soar above $7, possibly reaching $15, over the next few years, which means the potential upcoming dip could create a strong buying zone.
Although XRP’s potential gains of over 5x make it an attractive investment, experts are confident Solaxy has the potential to soar by 10x on launch as its unique approach to the market helped it gain early momentum.
Expert Highlights Solaxy’s 10X Potential As The Presale Nears Its End
Solaxy is turning heads with its upcoming Layer 2 blockchain that will
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