It was a high-stakes week in crypto, more intense than last week. The Bitcoin price dropped below $105,000 as war tensions and concerns about the Fed’s actions shook investor confidence. But it wasn’t all red.
There were significant changes in regulations, ETF applications, substantial price movements, and signs of new interest from institutional investors. This week brought a mix of activity, price changes, and new ideas in the crypto world.
Scroll down for this week’s key highlights and what they could mean for the road ahead.
XRP Ledger Launches XAO DAO, Giving Power to the Community
The XRP Ledger is launching XAO DAO, its first decentralized autonomous organization, shifting governance to the community. XRP holders can vote on projects, allocate resources, and shape XRPL’s future using XRP, not new tokens. The DAO will fund developers, validators, and startups, fostering a fair, democratic, and self-sustaining ecosystem ahead of its late-summer launch.
Sol Strategies Seeks Nasdaq Listing, Bets Big on Solana
Sol Strategies has filed with the SEC to list on the Nasdaq under “STKE,” aiming to expand its U.S. presence. The firm holds over 420,000 SOL tokens and has recently raised $500 million to deepen its Solana-focused strategy. If approved, the listing would boost access to institutional investors while reinforcing Sol Strategies’ role in Solana’s growing ecosystem.
Aerodrome (AERO) Soars 22% After Coinbase Integration Boost
AERO jumped 22% this week after Coinbase announced support for Base-native DEXs, including Aerodrome Finance. The move exposes AERO to millions of retail users, fueling a spike in volume and price. With over $15B in monthly volume and strong technical signals, Aerodrome is gaining traction as the liquidity hub of the growing Base DeFi ecosystem.
Crypto Crash Deepens as War Fears and Fed Jitters Rattle Markets
Bitcoin slid below $105K, dragging altcoins down in a broader crypto crash driven by escalating Israel-Iran tensions and looming Fed decisions. Daily liquidations surged 115%, and Bitcoin’s double-top pattern signals more downside. With stagflation fears rising and oil prices climbing, risk assets are under pressure, spooking traders and threatening further volatility across crypto markets.
GENIUS Act Passes—XRP, XLM, and BPEP Tipped as Top Stablecoin-Era Picks
The U.S. Senate has just passed the GENIUS Act, the first major stablecoin legislation to mandate 1:1 backing and stricter oversight. The move could boost the adoption of compliant players like Ripple’s RLUSD and Stellar’s USDC partnerships. Meanwhile, Bitcoin Pepe (BPEP) gains traction ahead of exchange listings, riding the wave of stablecoin regulation into meme coin innovation.
IMX Price Slides 10% After Token Unlock Sparks Selloff
Immutable (IMX) plunged nearly 10% to $0.427 following a $12.4M token unlock and weak market sentiment. The selloff intensified as IMX lost key support and Bitcoin dominance pulled capital from altcoins. Technicals remain bearish despite upcoming MEXC support. Unless buying interest returns, IMX could face more downside in the short term.
Coinbase Seeks SEC Green Light for Blockchain-Based Stock Trading
Coinbase has filed with the SEC to offer tokenized stock trading on blockchain, allowing U.S. investors to buy equities without traditional brokerages. The move promises faster, cheaper, and 24/7 trading, along with enhanced transparency. If approved, Coinbase could rival firms like Robinhood. However, regulatory hurdles and liquidity concerns still stand in the way of broad adoption.
XRP Eyes 46% Rally Amid ETF Buzz and Bullish Charts
XRP climbed to $2.22 this week, up 14% from weekend lows, as traders anticipate a bullish breakout. Key drivers include a bullish chart setup, Bitcoin nearing a major trendline flip, and rising confidence in an XRP ETF approval. If momentum holds, XRP could retest its yearly high near $3.40, about 46% above current levels.
READ MORE: Pepe Price Prediction at Risk of a Crash as Risky Pattern Forms
