Cardano Eyes XRP DeFi Integration: RLUSD, Glacier Drops & Lace Wallet Support in Pipeline

Cardano founder Charles Hoskinson has just confirmed that big things are coming between Cardano and Ripple. In a recent community update, Hoskinson revealed that work is underway on a full “XRP package” for the ecosystem.

cardano

This package could include:

  • Integration of XRP into Cardano’s DeFi layer
  • Support for RLUSD (Ripple’s new stablecoin)
  • Lace Wallet compatibility
  • New airdrop-like features called “glacier drops”

Although there’s no official launch date, serious discussions are already in progress. Hoskinson’s goal? To make it a powerful DeFi home for XRP holders—without them giving up XRP.

The term “glacier drops” may refer to a slow, strategic rollout of rewards or tokens—think of it as a smarter airdrop. Meanwhile, Lace wallet support would allow its users to easily store and use XRP-based assets directly.

Hoskinson added that it wants to be the DeFi layer of Bitcoin and XRP, hinting at a future where major cryptocurrencies use its infrastructure for lending, yield farming, and more.

If this collaboration goes through, it could become a go-to network for DeFi innovations—not just for ADA holders, but for the entire XRP community.

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XRP Price Eyes $15 Amid Ripple v. SEC Lawsuit Countdown and Bullish Indicators

Yo, XRP fans—it’s getting real.

Ripple’s battle with the SEC is reportedly wrapping up this week (yep, June 16), and that’s got the XRP fam buzzing. Word on the chain is they’re filing a final motion under Rule 60. TL;DR: We might finally get closure after years of courtroom drama.

XRP

🚀 So, What’s the Price Tea?

XRP has popped off hard before:

  • 860% pump in 2021
  • 575% rally after a long-ass 1337-day chill period

Now? Whales are eyeing $15 per XRP, and honestly… the math’s kinda mathing.


🔍 Charts Are Vibing Too

  • SMA = solid support on daily charts
  • RSI = 52.53, holding steady, could shoot up with a clean retest

That means… bullish vibes incoming? 👀


🧠 Real Talk: How High Can XRP Go?

  • Short-term wall: $3
  • Breakout zone: $3.50
  • Long-term moonshot: $15 (in the next 4–7 years if the stars align)

Downside? $2 is holding the floor real strong.


Bottom line: If Ripple wins this lawsuit, XRP could finally unleash the energy it’s been bottling up for years.

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Ethereum to Hit $740,000? Ryan Adams Sparks Debate With ‘Digital Oil’ Valuation

A bold new valuation model for Ethereum (ETH) is making waves across the crypto community. Ryan S. Adams, host of the prominent Bankless podcast, made a sensational claim on X, suggesting Ethereum could skyrocket to $740,000 per coin.

ethereum

In his post, Adams dubbed Ethereum “Digital Oil,” likening its utility and scarcity to physical oil. He backed his claim with a high-production infographic and an aggressive valuation method, proposing an $89 trillion market cap for ETH.

🧮 How Adams Arrived at $740K ETH:

Adams compared its future market cap to a basket of global assets:

  • Oil: $85 trillion
  • Gold: $22 trillion
  • Global Bonds: $141 trillion
  • Global GDP: $106 trillion
  • M2 Money Supply: $93 trillion

Averaging these gives $89 trillion, which, when divided by ETH’s current circulating supply, lands at the jaw-dropping $740,000 per ETH.

This echoes Electric Capital’s 2021 projection of a $20T ETH, although Adams’ estimate is far more bullish.


💬 Community Reactions: Bullish and Brutal

  • Supporters:
    Simon from MoonRock Capital called it spot-on:
    “Ethereum is digital oil, and it’s going to $740K per $ETH.”
  • Critics:
    Ryan Connor, Head of Research at BlockWorks, called the method flawed:
    “GDP isn’t a tradable asset. Averaging it with oil and bonds is meaningless.”

Others pointed to ETH’s current price near $2,760, noting the huge gap between reality and this ultra-bullish vision.


🔍 Context: Why This Matters

Ethereum has over $65B in Total Value Locked (TVL) in DeFi (once peaking at $105B) and continues to gain traction with institutional players. Ark Invest previously predicted a more conservative $180K ETH by 2030, still a massive leap from today.

Despite the skepticism, Adams’ post has sparked renewed interest in Ethereum’s long-term role—not just as a DeFi enabler but potentially as a global store of value.


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Trident Digital Tech to Raise $500M for World’s Largest XRP Treasury, Pushing Ripple Ecosystem Forward

Trident Digital Tech Holdings Ltd. (NASDAQ:TDTH), a Singapore-based digital transformation powerhouse, has announced its plan to raise up to $500 million to create the world’s largest XRP corporate treasury—a massive move that could significantly amplify Ripple’s presence in institutional finance.

Trident Digital

The company is positioning XRP not just as a speculative asset, but as a core digital reserve. Trident plans to actively participate in the Ripple ecosystem through staking mechanisms and yield-generation strategies.

“This is not just a financial move—it’s a strategic transformation,” said Soon Huat Lim, Founder, Chairman, and CEO of Trident. “Digital assets are central to the future of global finance, and this initiative positions us to lead in that evolution.”


💼 How Will It Work?

  • XRP as Treasury Reserve: XRP will become the cornerstone of Trident’s long-term corporate reserves.
  • Capital Raise: The company will issue funds via a blend of equity offerings, strategic placements, and structured finance vehicles.
  • Strategic Advisor: Chaince Securities LLC has been brought on to guide the capital formation and deployment.
  • Investor Talks Underway: Trident is already in late-stage negotiations with institutional investors and crypto foundations to secure robust terms and infrastructural backing.

📅 When Is It Launching?

  • Subject to regulatory approvals and market conditions, the XRP Treasury is slated for rollout in H2 2025.
  • Trident has also committed to maintaining high governance standards and will publish regular reports on treasury allocation, governance frameworks, and disclosures in accordance with public listing norms.

💥 Why It Matters for XRP and Crypto

This move sends a strong message to institutional players: XRP is not dead weight—it’s a corporate-grade asset. With more public companies like Trident entering the space, we’re witnessing a seismic shift in how crypto integrates with traditional finance.

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BlackRock’s IBIT Bitcoin ETF Hits $70B in Under a Year, Surpassing Gold Trust Growth

Yo, BlackRock just broke records with its iShares Bitcoin Trust (IBIT) pulling in $70 billion AUM in less than a year. Compare that to the SPDR Gold Trust, which took 4.5 years to hit the same mark. Bitcoin is definitely the new gold flex.

blackrock

Since launching in Jan 2024, IBIT’s gains are crazy — tripling Fidelity’s Bitcoin ETF market cap and scooping up 3.3% of Bitcoin’s max supply. Just in the last few weeks, IBIT bought another $2.5B worth of BTC. Institutional hype? Check.

Meanwhile, crypto whales are making big moves too. Whale Alert spotted two huge BTC transfers (875 and 997 BTC) from Kraken to unknown wallets in under an hour. Usually, whales move coins to cold storage for long-term holding—not selling. This signals strong faith in Bitcoin’s future.

With ETFs booming and whales stacking, both retail and institutional investors are all in on BTC as a major asset for the long haul.

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Ethereum ETFs Outshine Bitcoin with $281M Inflows as ETH Price Soars 54%

Ethereum is straight-up flexing on Bitcoin right now. In just one week, spot ETH ETFs in the U.S. pulled in a wild $281 million—while Bitcoin ETFs? They lost $128 million. Yikes.

ethereum

Thanks to a jaw-dropping price jump from $1,790 to over $2,700 in the last month (that’s a 54% pump!), ETH is now the crypto darling of Wall Street. Institutional investors are eating it up like it’s avocado toast.

Sosovalue’s got receipts: ETH ETFs have been on a four-week hot streak, stacking a total of $856.81M. That brings the net assets in Ethereum ETFs to $9.4 BILLION. Yeah, with a B.

Meanwhile, Bitcoin’s kind of flopping. Two straight weeks of ETF outflows totaling $157.40M and $128.81M? That’s not it.

Even with market drama like the Trump vs. Musk chaos shaking things up, ETH dipped to $2,400—but bounced right back to $2,500 by the weekend. Analysts are even hinting at a $3,000 breakout soon. If that hits, ETH might just enter its ATH (all-time high) arc.

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USDC : 4 Breakthrough Moves That Just Pushed USDC into Japan’s Mainstream

USDC Breaks Through in Japan

As of June 9, 2025, USDC—the dollar-backed stablecoin from Circle—is now officially in Japan’s digital mainstream. SBI Holdings and SBI Shinsei Bank injected US$50 million into Circle following the company’s NYSE debut (opened at $69, closed at $83).

Japan’s Financial Services Agency granted regulatory approval for it under the June 2023 revision to the Payment Services Act, making it the first globally backed stablecoin lawfully operational in the country . SBI VC Trade launched USDC trading on March 26, 2025, with major exchanges like Binance Japan, bitbank, and bitFlyer lining up to follow .

Circle and SBI formed Circle Japan KK, a joint venture aimed at embedding it into Japan’s finance ecosystem—covering programmable wallets, treasury services, and business payments . SBI Shinsei Bank will also provide the banking backbone to ensure liquidity and accessibility .

Globally, it has reached over $1 trillion in on-chain volume and holds nearly $60 billion in market cap—fully reserved and redeemable 1:1, offering stability and transparency . Japan’s growing crypto infrastructure and relaxed regulations position USDC to thrive in remittance, payments, and DeFi use cases.

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Pi Coin Struggles Despite 3% Gain: Is a Rebound Coming or Another Dip Ahead?

Pi Network’s token, PI, has seen a modest 3% price increase in the past 24 hours, with a 24-hour trading volume of $56.53 million—a significant drop of 29.57%, according to market data. Despite this green candle, investor confidence remains shaky as the token struggles to build meaningful momentum.

pi coin

According to reliable sources, Its funding rate has remained negative since mid-March, pointing to growing short interest in the market. A persistently negative OI-weighted funding rate suggests potential for a short squeeze if sentiment shifts abruptly. However, for now, bears continue to dominate the sentiment.

On-chain indicators aren’t giving much optimism either. MACD on the daily chart is neutral, and both the 12-day and 26-day EMAs are moving flat—signaling a cooling market. Bollinger Bands, using a 20-day SMA, show tightening—an indicator of reduced volatility and price consolidation within a bearish trend zone.

Currently, it trades near a key resistance level of $0.6975. If bullish momentum picks up, we might see the price test $0.8525 and possibly approach the psychological $1 mark. However, on the downside, the token has crucial support zones at $0.60 and $0.54. A breakdown below these levels could push it toward new multi-month lows.

While on-chain data signals caution, many investors are watching for a potential reversal or short squeeze. Until then, the sentiment around PI remains neutral to bearish.

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Tether Could Be the 19th Largest Company Globally With $515B Valuation—but It’s Staying Private

If Tether followed in the footsteps of Circle and went public today, its estimated valuation of $515 billion would rank it as the 19th largest company in the world—ahead of giants like Samsung and Nestlé. But despite this astronomical figure, it has no plans to go public.

USDT 1D graph coinmarketcap Bitmala

Jon Ma, a crypto investor and analyst, recently posted a chart on X showing updated global company market caps and added Tether into the mix. “Tether would be the 19th largest company in the world at $515B,” he said, drawing comparisons between it and Circle.

Circle, the stablecoin issuer behind USDC, recently went public with a valuation of around $30 billion and is projected to earn $410 billion in EBITDA by 2025. In contrast, it is expected to generate $13 billion in net profits this year—suggesting that the $515 billion valuation, while ambitious, reflects its growing dominance.

Tether CTO Paolo Ardoino called the $515B estimate a “beautiful number” and even hinted that it might be “bearish” due to the company’s expanding reserves in Bitcoin and gold. When asked why Tether wouldn’t go public, he responded simply: “No need to go public.”

With Gemini also preparing for an IPO, the stablecoin and crypto financial services space is heating up. Yet their choice to stay private shows that dominance doesn’t always require Wall Street approval.

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3 Awesome Catalysts Driving Ethereum Above $2,500 Today

Ethereum Price Today: June 8, 2025

As of today, Ethereum (ETH) is trading around $2,512.58, marking a modest 0.07% increase from the previous close. Intraday prices have ranged between $2,496.17 and $2,540.72, reflecting a tight consolidation pattern as market participants await clearer direction.

1. Institutional ETF Inflows Fuel Price Momentum

Ethereum is seeing significant institutional interest, with ETF inflows totaling around $286 million last week—part of six consecutive weeks of sustained investment. This has not only driven demand but also helped reduce on-exchange supply, supporting ETH’s current price plateau above $2,500.

2. Technical Breakout Signals Point to Bullish Path

Technically, ETH has completed a bullish reversal, consolidating above key EMAs (20/50/100/200) and breaking out of a downward trend line. On-chain indicators confirm strong support zones—around $2,400—reducing immediate downside risk. A breakout above $2,700 could spark a run toward the $3,000–$3,150 resistance range.

3. Network Upgrades & Macro Market Dynamics

Ethereum’s upcoming “Pectra” hard fork, slated for mid-2025, introduces key enhancements like blob support and validator flexibility, boosting developer sentiment and staking activity. Meanwhile, macroeconomic volatility—especially U.S. equity dips—have bolstered ETH’s appeal as a counter-cyclical asset. Notably, BlackRock purchased $77 million in ETH recently, indicating broader institutional rotation from equities.

Outlook: Bullish But Cautious

With strong institutional ETF inflows, positive technical setups, and upcoming network upgrades, Ethereum is well-positioned to test resistance around $2,700–$2,925. A sustained breakout could pave the way to $3,000+. However, investors should monitor macro trends and ETF flow dynamics, as those could drive short-term volatility.

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