Charles Hoskinson reassures the ADA community following the security incident involving SecondFi, emphasizing that the breach did not compromise the #Cardano blockchain itself.
His comments came as concerns spread throughout the Cardano ecosystem after reports revealed that attackers exploited vulnerabilities connected to SecondFi wallets, resulting in significant losses for affected users.
According to Hoskinson, there is no evidence that the incident affected any component of Cardano’s underlying technology stack. He stressed that the network’s protocol, cryptographic foundations, node infrastructure, and open-source wallet implementations continue to function as intended.
Consequently, he classified the incident as an application-level security failure rather than a failure of the blockchain itself. #CryptoNewss
#Cardano founder Charles Hoskinson expressed sympathy for affected users and acknowledged the emotional toll of the losses.
Hoskinson apologized to both the victims and the broader Cardano community over the unfortunate breach at SecondFi (formerly Yoroi Wallet), which resulted in the theft of 16 million ADA.
According to him, many victims may have lost most or all of their $ADA holdings, making the financial and emotional consequences severe regardless of the overall value involved. #Crypto
"Why Strategy’s Bitcoin Buying May No Longer Be Driving Prices Higher"
Recent analysis from CryptoQuant founder Ki Young Ju has reignited debate around whether Strategy (formerly MicroStrategy) should continue aggressively accumulating #Bitcoin at current levels. While the company remains the largest corporate holder of Bitcoin, the latest data suggests that persistent buying may no longer be acting as a meaningful price catalyst and could instead be functioning as a liquidity sink in a market struggling to establish a new directional trend. A Market Absorbing Capital Without Advancing One of the most striking charts compares Bitcoin’s Market Cap growth versus Realized Cap growth. Realized Cap, which measures the aggregate value of coins based on their last on-chain transaction price, has increased by approximately $467 billion over the past two years. Historically, such an influx of capital would be expected to drive substantial price appreciation. Image Source: https://x.com/ki_young_ju/status/2069646523668033833
Instead, Bitcoin has largely traded sideways within a broad range. The chart shows that the difference between market cap growth and realized cap growth has recently turned negative, represented by the red zones indicating elevated selling pressure. This suggests that new capital entering the market is being met by an equally strong wave of distribution. Rather than driving prices higher, incoming demand is simply facilitating ownership transfer from existing holders to new buyers. In practical terms, the market is absorbing enormous amounts of capital without producing sustained upside momentum. Strategy’s Financial Position Is Tightening The second chart highlights a growing concern regarding Strategy’s balance sheet. At the beginning of 2026, the company’s cash reserve peaked at approximately $2.2 billion. Following convertible note repurchases and continued Bitcoin acquisitions, cash reserves declined sharply by around 38%, falling to roughly $870 million before recovering modestly to approximately $1.4 billion. More concerning is the deterioration in dividend coverage. Dividend coverage, measured in months, has collapsed from more than 80 months of coverage to just 14 months, one of the lowest levels on record. While the company still maintains substantial Bitcoin holdings, its liquid cash position has become increasingly constrained relative to its obligations. The chart clearly illustrates a diverging trend: Cash reserves have declined materially.Dividend obligations have increased.Financial flexibility has weakened. This does not imply immediate financial distress, but it does suggest that continued aggressive Bitcoin purchases come at a growing opportunity cost. Why Continuous Buying May Be Counterproductive According to CryptoQuant’s thesis, Bitcoin cycles traditionally reset through a familiar sequence: CapitulationWeak-hand liquidationPrice collapseWhale accumulationNew bull market This cycle has been unusual. Instead of experiencing a deep cleansing drawdown, Bitcoin has spent nearly two years moving sideways. The market has neither generated enough strength to launch a decisive bull market nor enough weakness to force widespread capitulation. As a result: Weak hands remain active.Profit-taking opportunities continue to emerge.Strong hands have not accumulated at historically attractive valuations. Under these conditions, Strategy’s continued purchases may simply provide exit liquidity for existing holders rather than creating sustainable upward momentum. The market is effectively stuck in a state of equilibrium. A More Disciplined Framework The argument is not that Strategy should abandon Bitcoin. Rather, it should consider adopting a more systematic capital allocation model. Potential steps include: Temporarily pausing Bitcoin purchases.Rebuilding cash reserves.Restoring dividend coverage.Establishing quantitative accumulation thresholds based on market conditions.Developing a future profit-taking framework during periods of extreme market exuberance. Such an approach would transform Bitcoin acquisitions from a continuous buying program into a dynamic capital management strategy. Conclusion Bitcoin remains a structurally scarce asset with powerful long-term fundamentals. However, scarcity alone does not eliminate the importance of timing and balance sheet management. The current on-chain data suggests that the market is experiencing elevated selling pressure despite significant capital inflows. Meanwhile, Strategy’s shrinking cash reserves and rapidly declining dividend coverage indicate that financial flexibility is becoming increasingly valuable. If the market truly requires a deeper reset before the next major expansion phase, preserving liquidity today may ultimately provide Strategy with far greater purchasing power when the next genuine accumulation opportunity emerges. In that scenario, patience—not relentless buying—could become the company’s most valuable asset. #CryptoNews🚀🔥V
"SecondFi (Formerly Yoroi Wallet) Hack Losses May Exceed 129 Million ADA"
EMURGO-backed wallet provider SecondFi is facing growing scrutiny after a major security breach, as new analysis indicates that losses suffered by Cardano users may be significantly higher than initially reported. While the company previously estimated that the attack resulted in the theft of 16 million ADA, blockchain investigators now believe the total impact exceeds 129 million ADA and other tokens. It is worth noting that SecondFi was previously known as Yoroi Wallet, the first Cardano light wallet launched in 2018 by EMURGO, one of Cardano’s founding entities. In April 2026, EMURGO rebranded Yoroi as SecondFi and expanded it from a single-chain Cardano light wallet into a comprehensive “neo-finance” application. Security Researchers Suggest Losses Are Much Higher Earlier this week, SecondFi, a web wallet backed by Cardano founding entity EMURGO, disclosed a devastating security incident that led to the loss of millions of ADA from user accounts. According to the project’s preliminary findings, attackers exploited a vulnerability in its proprietary wallet-generation software, enabling them to steal approximately 16 million ADA. At the time of the report, the stolen funds were valued at around $2.4 million. However, fresh analysis indicates that the actual scale of the breach could be significantly larger. Yu Xian, also known as Cosine and founder of blockchain security firm SlowMist, examined fund movements linked to wallets suspected of being controlled by the attacker. Based on the observed transactions, he suggested that total user losses may have surpassed $20 million. In a post on X, Cosine noted that more than 129 million ADA, along with several other tokens, appeared to have flowed through addresses associated with the exploit. Cardano Community Voices Concern The incident has triggered widespread concern across the Cardano community. Many members criticized both the security failure and its broader implications for ecosystem governance. Community member David described the breach as alarming because users lost funds without signing transactions. He also pointed to the fact that SecondFi controls one of the largest DRep delegations in Cardano’s governance system, arguing that the incident raises serious concerns about decentralization and trust. Meanwhile, community member Dori labeled the breach one of the most severe incidents the ecosystem has experienced. According to Dori, the fact that a wallet associated with a Cardano founding organization was compromised makes the event especially damaging to the network’s reputation. Analyst Clarifies Cardano Blockchain Was Not Compromised Despite the growing criticism, some ecosystem participants have stressed that the incident should not be interpreted as a failure of the Cardano blockchain itself. Crypto analyst Dan Gambardello pushed back against claims that Cardano had been hacked, emphasizing that the vulnerability originated within SecondFi’s wallet software rather than the blockchain network. Gambardello noted that the issue is tied to the wallet’s key-generation process, not to any flaw in Cardano’s core infrastructure, consensus mechanism, or protocol security. Blink Labs Urges Users to Assume Wallets Are Compromised Meanwhile, Cardano infrastructure provider Blink Labs issued a precautionary warning to users who previously created wallets through the SecondFi application. The company advised affected users to generate a new wallet using trusted software obtained from official sources, transfer all assets to the newly created wallet, and select a new stake pool and DRep delegation. Blink Labs further stressed that users should treat their existing SecondFi-generated wallets as compromised until investigators determine the full scope of the incident. However, SecondFi has urged users not to restore their recovery phrases into other Cardano wallets. Instead, the company advised affected users to submit support tickets and wait for official instructions while the investigation remains ongoing. According to SecondFi, additional guidance will be provided once the independent security review is completed and the exact nature of the vulnerability is fully understood. #CryptoNews🚀🔥V
#Cardano founder Charles Hoskinson has called on the community to rediscover the passion and optimism that once propelled the blockchain project to its greatest achievements. Hoskinson delivered the message during his latest livestream while discussing Cardano’s future. During the broadcast, he said he is working to recapture the spark and magic that fueled Cardano’s early momentum and united the ecosystem behind a shared vision. According to him, the Cardano community needs a cause to rally around once again if it hopes to reclaim past successes and compete for leadership in the blockchain industry. #CryptoNewsCommunity
An XRP holder has lost 14,646 XRP, worth about $16,800, after falling victim to a payment request scam on the XRP Ledger (#XRPL ).
The incident has sparked interest in the XRP community, as a fraudulent transaction request disguised as a verification prompt. Notably, the scam involved a transaction with the hash “84AFDEB4…FBA5FD.” #CryptoNewss
"XRP Retail and Whale Futures Sentiment Reads “Extremely Bullish” Across Exchanges"
The #XRP retail and whale futures sentiment reads “extremely bullish” across multiple exchanges such as Binance and Bybit. This comes despite the persistent market struggles that have pushed the XRP price to lows around $1.10. While short volume dominates the futures environment with $1.03 billion, exchange long/short ratios confirm an “extremely bullish” bias for retail and whale accounts. XRP Futures Sentiment Lean “Extremely Bullish” According to data provided by Coinglass, a leading market analytics platform, more traders are holding long positions than shorts, as market participants continue to anticipate a rebound effort from XRP following the recent crash. Specifically, the retail long/short ratio on Binance stands at 2.68, confirming a dominance of long positions and indicating an “extremely bullish” sentiment. For whale accounts on Binance, the long/short ratio reads 3.03, which suggests there are at least 3 accounts holding long positions for every 1 account holding short positions. This also indicates an “extremely bullish” sentiment among whale accounts. While the XRP long/short ratio for whale positions on Binance has dropped to 1.55, suggesting that either long positions have reduced or short positions have increased, the current reading also tilts to the positive side, indicating a “bullish” sentiment in this area. The ratios on OKX and Bybit are similarly bullish across most metrics. For OKX, the retail long/short ratio sits at 2.67, indicating “extremely bullish” sentiment. Whale account ratio has dropped to 1.39, confirming a merely “bullish” sentiment. For whale positions, the long/short ratio has spiked to an extreme reading of 23.00. Meanwhile, Bybit sees a 4.02 ratio for retail accounts (extremely bullish), a 4.01 ratio for whale accounts (extremely bullish), and a 0.97 ratio for whale position (neutral). However, smart money sentiment for Binance and Bybit sits at “Extremely Bearish,” with only OKX seeing an “Extremely Bullish” sentiment here. XRP Futures Volume Further data from Coinglass shows that the 24-hour volume for short positions amounts to $1.03 billion, marginally surpassing long volume at $978 million. However, the volume situation is not significant to market sentiments, as long and short volumes are often nearly equal in derivatives markets. This is because the market often features long and short positions in equal volume at a 1:1 ratio, with only a slight skew. Meanwhile, the XRP liquidation heatmap indicates that XRP is witnessing more liquidity above its current price, confirming a dominance of massive shorts, with the largest single cluster involving $402 million at $1.11. If XRP’s price surges toward this level, this could set the stage for a potential short squeeze. #CryptonewswithJack
Two #Hyperliquid whales are betting on #Cardano to recover, taking sizable long positions, but they are already in the red as the coin has continued to fall.
The first trader with the address “0x51f63” has an open 10x long position on Cardano valued at $2.6 million (17.3 million ADA). This whale opened this trade when the coin traded at $0.176, a price last seen in early June. At the time of writing, the address is nursing unrealized losses of $431,660, which is 165% of its actual margin size on the Cardano position.
At the same time, another whale is suffering a worse unrealized loss on ADA. Address “0x123dbc” has a similar 10x leveraged long but is on an unrealized loss of $1.28 million. This is because he opened the bet, worth $1.28 million (8.4 million ADA), at an entry price of $0.303. #Crypto
"XRP Ledger Defies Market Outflows With $1.7B in RWA Inflows"
The #XRP Ledger (XRPL) continues to attract capital into its real-world asset (RWA) ecosystem even as major blockchain networks face heavy outflows. Data shared from RWA.xyz shows XRPL recorded $1.7 billion in net RWA inflows over the past 60 days. In contrast, several leading networks posted significant declines during the same period. Ethereum led the outflows with $5.8 billion leaving the network. Arbitrum followed with $3.0 billion in outflows, while Solana and Polygon recorded declines of $653 million and $250 million, respectively. Against this backdrop, XRPL stood out alongside TRON and HyperEVM as the only major networks to post a substantial net inflow. XRPL Strengthens Position in Tokenization The latest figures add to XRPL’s growing momentum in the tokenization market. Earlier this month, data from the RWA Foundation showed XRPL attracted $1.9 billion in net RWA inflows over a 90-day period, excluding stablecoins. That placed it ahead of Ethereum, which recorded $1.6 billion, and Stellar, which posted $1.4 billion. Other networks trailed behind. BNB Chain attracted $848 million, followed by Solana with $611 million, Avalanche with $362 million, Sei Network with $202 million, and Mantle with $90 million. The trend suggests capital continues to flow into XRPL’s tokenization ecosystem despite weakness across competing blockchain networks. Stablecoin and Tokenized Treasury Activity Accelerates XRPL’s RWA growth has been accompanied by rising activity in stablecoins and tokenized assets. According to RWA.xyz, stablecoin transfer volume on XRPL reached $5.11 billion over a 30-day period. That marks a 22.84% increase from the previous month. Meanwhile, the Ondo Short-Term U.S. Government Bond Fund has become the second-largest tokenized asset on XRPL. The fund recorded about $259.6 million in transfers during the period, highlighting growing institutional interest in tokenized Treasury products. RWA.xyz data also shows that XRPL currently represents about $3.56 billion in off-chain RWAs. This could provide a sizeable pipeline of assets that may eventually move on-chain as adoption grows. XRPL Growth Rate Surpasses Ethereum The XRP Ledger has also expanded rapidly in terms of tokenized asset value. XRPL’s tokenized RWA value grew from roughly $10 million in January 2025 to $400 million by April 2026. The network achieved that growth in about 15 months. By comparison, Ethereum took nearly 36 months to reach a similar milestone. Year-to-date, XRPL’s tokenized RWA value has climbed 78%, rising from $227 million to $404 million. Ethereum recorded 36% growth over the same period. The latest $1.7 billion net inflow further reinforces XRPL’s position as one of the fastest-growing blockchain networks in the expanding RWA tokenization sector. #CryptoNewsFlash
"Is the Dogecoin Burn Address Really Safe from Quantum Threat?"
The #Dogecoin burn address has come under scrutiny as concerns about quantum computing continue to grow across the crypto industry. The address first gained prominence during Dogeparty’s proof-of-burn event in 2014, when users sent DOGE to the wallet in exchange for XDP tokens. More than a decade later, the wallet remains untouched. Blockchain data shows that it currently holds around 1.854 billion DOGE or 1.08% of the Dogecoin supply. At the current DOGE price of $0.083, this holding has a worth of $153 million. The address has received over 22,700 transactions but recorded no outgoing transfers. Considering the size of the holdings, market participants have begun questioning whether future quantum computers could eventually gain access to these coins. How the Dogeparty Burn Address Works Most crypto users assume that all burn addresses permanently remove coins from circulation. However, in reality, blockchains use different methods to achieve that result, and not all of them provide the same level of certainty. Notably, the most secure method relies on OP_RETURN. This function creates outputs that the network itself rejects under its consensus rules. Because the protocol prevents anyone from spending those outputs, no private key, software upgrade, or future breakthrough in computing can unlock the funds. However, the Dogeparty burn address uses a different approach. Instead of relying on OP_RETURN, developers created a standard Pay-to-Public-Key-Hash (P2PKH) address that resembles an ordinary Dogecoin wallet. The address was deliberately designed to display a recognizable pattern, but no known private key exists for it. As a result, the network treats the wallet like any other P2PKH address. The protocol does not explicitly block spending from it. In theory, a corresponding private key could exist somewhere within the vast cryptographic key space. However, finding such a key is currently way beyond the reach of existing computing systems. The Quantum Computing Threat The rise of quantum computing has raised new concerns about the long-term security of cryptocurrencies. Earlier this year, researchers at Google’s Quantum AI division published findings that significantly reduced previous estimates for the resources needed to break elliptic curve cryptography, the technology that secures Bitcoin, Dogecoin, and many other digital assets. According to the March 2026 research, a sufficiently advanced quantum computer could run Shor’s algorithm against 256-bit elliptic curve cryptography using as few as 1,200 logical qubits and fewer than 90 million Toffoli gates. Under certain assumptions, researchers estimate that such attacks could take only minutes once the required hardware becomes available. These findings may appear troubling for a wallet holding nearly $153 million in Dogecoin. However, the Dogeparty address features an important security advantage that sets it apart from many active wallets. Why the Dogecoin Burn Address May Be More Resistant Notably, the Dogeparty wallet has never sent a transaction. This may actually prove important in a future quantum era. With the P2PKH model, a wallet’s public key only becomes visible when funds move out of the address. Until then, the blockchain stores only a hashed version of that public key. Since the Dogeparty burn address has never spent any coins, its public key has never appeared on-chain. This means that a future attacker could not immediately use Shor’s algorithm against the address. Instead, the attacker would first need to reverse the Hash160 process by breaking both SHA-256 and RIPEMD-160 protections to recover a valid public key. Only after overcoming this challenge could they attempt to derive the corresponding private key. For this reason, the Dogeparty address may actually possess stronger protection against quantum attacks than many ordinary DOGE wallets. Countless active addresses have already revealed their public keys through previous transactions, and this creates a more direct target for future quantum systems. For now, the Dogeparty burn address appears to face little immediate danger from quantum computing. It may not qualify as a protocol-enforced burn in the same way as OP_RETURN outputs, but its unrevealed public key provides some level of protection.
"Bitcoin Bear Markets Historically End After Black Swan Events—What Could Trigger the Next Rally?"
Amid the ongoing downturn, recent analysis shows that every major #Bitcoin bear market has ultimately found a bottom following a black swan event. For context, black swan events cause sudden, largely unexpected crises that trigger sharp panic selling across the market, including Bitcoin. However, once the initial turmoil subsides, markets have historically transitioned into recovery phases. Major Crises Have Historically Marked Bitcoin’s Cycle Bottoms Over the years, the crypto market has endured several black swans. Notably, the collapse of the Mt. Gox exchange in 2014, the COVID-19 market crash in 2020, and the implosion of FTX in 2022 all coincided with major Bitcoin cycle lows. Although Bitcoin initially reacted negatively to each event, it later staged powerful recoveries. Mt. Gox Collapse Marked Bitcoin’s First Major Capitulation The hack and subsequent collapse of Mt. Gox, then the world’s largest Bitcoin exchange, represented one of the industry’s earliest black swan events. Hackers stole approximately 850,000 BTC from the platform, forcing it into bankruptcy in 2014. The incident appeared to mark the final capitulation phase of Bitcoin’s early bear market. Following the collapse, Bitcoin eventually surged more than 12,804%, climbing to roughly $24,500 during the subsequent bull cycle. COVID-19 Crash Triggered a Historic Recovery Similarly, the COVID-19 pandemic sparked a sharp selloff across global financial markets in March 2020, and Bitcoin was no exception. The leading cryptocurrency plunged to around $3,800 as investors rushed to de-risk their portfolios. However, the panic was short-lived. As liquidity returned to markets, Bitcoin began a historic rally, soaring more than 1,692% to reach nearly $69,000 by late 2021. FTX Implosion Marked the 2022 Cycle Bottom Another defining black swan event emerged in late 2022 when cryptocurrency exchange FTX collapsed. The failure sent shockwaves throughout the digital asset industry, driving Bitcoin down to approximately $15,500 amid widespread fear and uncertainty. Yet that low marked the bottom of the cycle. From there, Bitcoin recovered more than 715%, eventually surpassing $126,000 in 2025. Investors Search for the Next Market Catalyst With Bitcoin once again trading in bearish territory, investors are asking whether another black swan event could be required to mark the next major bottom and ignite a new expansion phase. The asset has already retreated significantly from its recent highs, and market observers view the current period as a potential inflection point. As a result, the next major macroeconomic or industry-specific catalyst could determine whether Bitcoin enters another sustained rally or remains locked in an extended consolidation phase. Recent Selloffs Have Yet to Produce a Definitive Bottom Since reaching its all-time high in October 2025, Bitcoin has faced several sharp corrections that some investors initially viewed as potential black swan events. These include the October 10 market crash, the geopolitically driven sell-off in February, and the dip this month caused by the Strategy 32 BTC sale. However, unlike previous cycle-defining crises, none of these events has been followed by the explosive recovery pattern seen after Mt. Gox, COVID-19, or FTX. At press time, Bitcoin was trading at $64,097, up 0.3% over the past 24 hours. Despite the daily gain, the cryptocurrency remained down 2.3% over the previous week and 14% over the past month, highlighting the continued uncertainty surrounding the market’s next major move. #CryptoNews🚀🔥V
On-chain data shows that #Ripple has burned up to $539 million worth of RLUSD in the past 30 days, with most of these burns occurring on the Ethereum network. The Ripple stablecoin, RLUSD, has continued to record impressive growth since its launch in December 2024. Interestingly, recent developments suggest Ripple may be pivoting more toward the XRP Ledger while reducing the stablecoin’s supply on Ethereum. #CryptoNewsCommunity
"Ripple XRP Escrow Could Last Another 9 Years as 32.9 Billion XRP Remains Locked"
Ripple #XRP escrow reserves could take another nine years to run out if the company continues its current pattern of releasing and re-locking tokens. According to Ripple’s latest XRP distribution data, the company holds 32.9 billion XRP in escrow and another 5.03 billion XRP in wallets under its direct control. At current prices, the escrowed XRP alone is worth over $37 billion. Escrow Balance Continues to Decline Notably, Ripple placed 55 billion XRP into escrow in December 2017. Under the system, up to 1 billion XRP is released every month. However, Ripple does not typically use the full amount. Instead, it re-locks a large portion of the released XRP to limit new supply entering the market. Recent data shows the escrow balance fell from 36.2 billion XRP in June 2025 to 32.9 billion XRP today. That means roughly 3.3 billion XRP has been removed from escrow over the past year. Currently, XRP’s circulating supply is over 62 billion tokens, compared to 58.93 billion XRP. Data from Whale Alert indicates Ripple has largely maintained its recent strategy of re-locking between 700 million and 900 million XRP each month. Specifically, the company re-locked 700 million XRP in January, February, March, April, and May. This suggests Ripple is retaining about 300 million XRP from each monthly release. The funds are typically used for operations, partnerships, liquidity programs, and ecosystem growth. Current Pace Points to a 2035 Depletion Date If Ripple continues using around 300 million XRP per month, its remaining 32.9 billion XRP escrow reserve would last about 109 to 110 months. That translates to roughly nine years, putting the projected depletion date around mid-2035. The estimate aligns with earlier projections that suggested Ripple’s escrow holdings could last close to a decade under its current distribution strategy. In a tweet, XRP advocate Bill Morgan said Ripple should reduce the amount it re-locks each month. Specifically, he called for the company to release 1 billion XRP each month and not lock so much back into escrow. To him, the sooner all XRP is released from escrow and the circulating supply reaches 100%, the faster XRP will become “the best hard money,” Morgan said. Higher Usage Would Accelerate Escrow Depletion Indeed, a higher monthly utilization rate would significantly shorten the timeline. For example, if Ripple increased its monthly usage to 400 million XRP, the remaining escrow balance would be exhausted in about 82 months, or 6.8 years. That would bring the depletion date forward to early 2033. If Ripple stopped re-locking XRP altogether and released the full 1 billion XRP every month, the escrow would be depleted in roughly 33 months, or less than three years. #CryptonewswithJack
"Cardano May Have Entered a New Long-Term Cycle After Multi-Year Correction"
#Cardano may have bottomed and could be beginning a major cycle transition after spending several months in a prolonged downtrend. Cardano (ADA) trades at $0.160, down 94.8% from its all-time high of $3.10. From the cycle’s peak price of $1.32 in December 2024, it is down 87.8%, further reflecting the deep correction that has mirrored the broader market trend. Recently, ADA broke below its previous cycle’s low of $0.22 to the current market price. The token now trades at price levels last seen in 2020. But could the downtrend be over for the now 16th-largest cryptocurrency by market cap? A Potential Turning Point for Cardano? Notably, the crypto market often moves through cycles, with bullish and bearish phases unfolding over multiple years. An example is what happened between 2021 and 2023. Cardano grew by 621% in 2021 to its peak and current all-time high of $3.10. After reaching the peak, ADA entered a deep correction that erased a significant portion of its gains. It spent years consolidating before building a base. June 2023 marked an important shift in Cardano’s structure as the market found stability. The coin finally bottomed out at $0.22 after a staggering 93% crash. What followed was months of recovery that carried ADA substantially higher into late 2024. It rose an impressive 500% from the low to the December 2024 high, as bulls reclaimed control of the market from bears. Now, attention is once again turning to June 2026. Cardano has dropped to multi-year lows and has also dropped well below prior highs, with some analysts suggesting the possibility of a price bottom. One of the reasons for this bias is the timing of the previous bottom. ADA formed a base in June 2023, exactly 21 months after its 2021 peak. Currently, it has been 19 months since the coin peaked in December 2024. If ADA finds a durable base as it did three years ago, then a turning point is near. ADA Targets New Expansion Phase If the broader correction has indeed run its course, Cardano could be entering the early stages of a new expansion period. As seen after June 2023, ADA could start to reclaim higher prices in the coming months, shifting momentum bullish. However, the exact duration of the next bull cycle remains uncertain. Unlike previous periods, today’s market is evolving alongside growing institutional adoption and a changing regulatory landscape. As a result, future cycles may not follow the same timeline as the past. Analysts have already projected potential targets for Cardano. Celal Kucuker shared in an analysis that $4.2 is the target for a new bull rally, citing an “incredibly clean” chart setup. Meanwhile, short-term targets include the golden pocket at $0.70, according to Tim Warren. #CryptoNewss
#ShibaInu lead developer Shytoshi Kusama has remained inactive on the social media platform for more than a month. His last appearance came on May 13, when he shared an enthusiastic post and tagged fellow developer Kaal Dhairya.
Meanwhile, Kusama has consistently linked his social media inactivity to his ongoing artificial intelligence initiative, which he previously described as the next phase of Shiba Inu’s evolution.
Kusama’s latest disappearance comes at a challenging time for SHIB. At press time, SHIB trades at $0.000004677 with a market cap of $2.75 billion. The token has declined 32.3% since the start of the year and remains 94.73% below its all-time high of $0.00008845.
As a result, SHIB now faces the risk of slipping out of the top 30 cryptocurrencies by market cap. The token currently ranks as the world’s 29th-largest cryptocurrency.
"XRP Ledger Stablecoin Activity Hits $5.11B as RLUSD and Ondo Government Bond Fund Drive Growth"
Data from rwa.xyz shows that stablecoin transfer activity on the #XRP Ledger (XRPL) has reached $5.11 billion over the past 30 days. Notably, this represents a 22.84% increase compared to the previous month. The rise points to stronger on-chain liquidity and also suggests growing use of tokenized cash-like assets across the XRPL ecosystem. Ondo Fund Becomes Second-Largest Tokenized Asset on XRPL The same dataset indicates that the Ondo Short-Term U.S. Government Bond Fund is now the second-largest tokenized fund on XRPL. It is only behind RLUSD-related flows in size and activity. The fund recorded about $259.6 million in transfers during the period, signaling rising institutional interest in on-chain tokenized U.S. Treasury exposure. The trend suggests that tokenized real-world assets (RWAs) are gaining a more visible role within the XRPL ecosystem. XRPL Shows $3.66B in Off-Chain RWA Pipeline Meanwhile, additional data from rwa.xyz reveals that XRP Ledger currently has about $3.66 billion in real-world assets represented off-chain. For comparison, Stellar holds around $79.35 million in similar represented value. This suggests that XRPL has secured significant institutional commitments in recent months. Some supporters believe this off-chain pipeline could begin moving on-chain more rapidly as XRPL infrastructure improves. Key upgrades often cited include: Confidential transactionsXLS-66 lending functionalityExpansion of RLUSD across multiple chains The argument is that the $3.66 billion in represented assets may not enter the system gradually. Instead, it could move in larger waves once tokenization rails and institutional integrations mature. XRPL Leads RWA Tokenization With $1.9B Inflows XRPL’s growing momentum is further strengthened by recent data showing that it recorded the highest net RWA inflows across major blockchains over the past 90 days. Data from the RWA Foundation confirmed that XRPL attracted $1.9 billion in net RWA inflows (excluding stablecoins), ahead of Ethereum’s $1.6 billion and Stellar’s $1.4 billion. Moreover, Messari’s Q1 2026 report shows XRPL’s RWA market cap surged 124.1% quarter-over-quarter to $2.25 billion, ranking it seventh globally at the time before rising to fourth. Distributed RWAs on XRPL also climbed to $451.1 million, up 35.6% quarter-over-quarter. Evernorth data shows XRPL scaled from $10 million to $400 million in tokenized RWAs in ~15 months, compared to ~36 months for Ethereum. Year-to-date growth also favors XRPL, up 78% versus Ethereum’s 36%. Overall, inflows and adoption trends suggest XRP Ledger is becoming one of the fastest-growing hubs for tokenized real-world assets. #CryptoNewsCommunity
Cardano founder Charles Hoskinson has indicated that an appearance on The Joe Rogan Experience podcast remains part of his broader outreach strategy. During a recent livestream, Hoskinson addressed speculation about a potential interview with the popular American podcaster. While he confirmed that the appearance is still expected to happen, he emphasized that no specific timeline has been set. #CryptoNewsFlash
"Retail XRP Wallets Now Make Up Over 93% of Total 7.9M XRP Addresses"
On-chain data indicates that retail wallets holding at most 5,000 #XRP tokens make up more than 93% of the total XRP-based addresses. The XRP ecosystem has continued to witness remarkable expansion in recent times. While wallet growth has slowed this year amid bearish sentiment triggered by ongoing price struggles, XRP is already on course to hit the 8 million milestone. Interestingly, data confirms that most of the wallet growth this year has been driven by retail investors who have continued to show interest in XRP despite the selling pressure. Today, retail wallets holding 5,000 XRP tokens or less make up 93% of total XRP addresses. XRP Hosts 7.4M+ Retail Wallets According to on-chain data sourced by XRP Rich List, a community-driven resource, the XRP Ledger (XRPL) now hosts exactly 7,409,974 retail wallets holding at most 5,000 XRP tokens (currently worth $5,650). Of this figure, the lowest tier of wallets, involving those holding 20 XRP ($22.6) or less, accounts for 3.969 million, making up the largest share of retail wallets. Meanwhile, addresses with 20 XRP ($22.6) to 500 XRP ($565) make up 2.552 million of the total. As for addresses with 500 to 1,000 XRP ($565 to $1,130), these investors number 263,002, accounting for the lowest share of retail wallets. At the same time, there are 624,489 wallet addresses holding 1,000 to 5,000 ($1,130 to $5,650). Together, these 7.4 million retail wallets make up about 93% of the total 7.93 million XRP wallets. Addresses holding 5,000 to 1 billion XRP sum up to 523,042, representing a little above 6.5% of the total XRP wallets in existence. Retail Wallets Hold Minimal XRP However, despite representing over 93% of total addresses, these retail wallets only hold 2.7% of the circulating XRP supply. Specifically, retail investors with 5,000 XRP or less hold a cumulative balance of 1.844 billion XRP tokens worth $2 billion. In this area, whale accounts with 100 million XRP ($113 million) to 500 million XRP ($565 million) hold the largest balance for any single address tier, possessing up to 12.715 billion XRP ($14.3 billion), representing nearly 19% of the circulating XRP supply, despite being just 66 in number. What This Means for XRP Notably, this distribution leans slightly bullish. When a very large share of wallets holds only a tiny fraction of the supply, it suggests XRP is widely distributed among small participants. This broad user base indicates long-term adoption, as it shows organic interest. However, it also shows that most of the supply sits with larger wallets, meaning whales and institutions still have strong influence over price movements. This can introduce volatility if big holders decide to sell, but it also confirms that more capitalized players remain invested. #CryptoNewss
"XRP Still Favors Lower Prices as Elliott Wave Suggests Correction Not Over"
#XRP may face more downside despite posting modest gains over the past 24 hours. A recent Elliott Wave breakdown suggests the XRP corrective phase has not yet finished. According to CoinMarketCap data, XRP is trading at $1.14, up 2.07% over the last day. However, the broader trend remains weak. XRP is down 17% over the past month and has lost 37.67% since the start of the year. Elliott Wave Signals Further Weakness Notably, the Elliott Wave analysis suggests XRP remains trapped in a corrective structure. Based on the examination, lower prices could come before a meaningful recovery begins. The Elliott Wave count shows XRP breaking below a descending trendline. The current move may represent the final stage of a five-wave correction. Downside targets are based on Fibonacci retracement levels. The first major support level sits near the 50% Fibonacci retracement at $0.9859. A move to that level would represent a decline of about 13.5% from the current price. If selling pressure continues, XRP could fall toward the 61.8% retracement at $0.7367. That would amount to a drop of roughly 35.4%. The analysis also outlined a worst-case scenario near the 78.6% retracement level at $0.4865. Reaching that target would mean a decline of nearly 57.3% from current levels. XRP Breaks Key Support as Whale Selling Intensifies An Earlier analysis by The Crypto Basic revealed that XRP has fallen below the crucial $1.15 support level. Recent recovery attempts have repeatedly failed, with rallies topping out at progressively lower levels ($1.28, $1.25, and $1.22) before facing renewed selling pressure. The token recently dipped to $1.12 and remains vulnerable unless it can reclaim $1.15. Bearish sentiment is reinforced by on-chain data. According to Santiment, whales sold over 30 million XRP in the last five days, while network activity has dropped roughly 50% in two weeks. XRP Recovery Targets Remain Intact While the short-term outlook remains bearish, the analysis points to significant upside potential once the correction is complete. The first recovery target is the 38.2% retracement level at $1.7028. That would represent a gain of about 49.4% from XRP’s current price. A rally to the 50% retracement level at $1.9743 would deliver gains of around 73.2%. Meanwhile, a move to the 61.8% level at $2.2890 would result in a roughly 100.8% increase, effectively doubling XRP’s value. The most bullish target on the chart is the 78.6% retracement level at $2.8256. Reaching that price would require XRP to climb nearly 148% from current levels. While promising, the Elliott Wave outlook for now suggests XRP’s correction is not yet complete. As a result, traders may continue to brace for lower prices before the next bull run. #CryptonewswithJack
#Cardano founder Charles Hoskinson responded to community questions about whether he “fumbled” a potential collaboration between Cardano and SpaceX.
In response, he clarified that no deal collapse had occurred. Instead, discussions stalled because the financial requirements did not align with prevailing market conditions. #Crypto