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AVAX Comments and Price Analysis July 18, 2025
AVAX Technical OutlookAvalanche has been trading within a descending channel since the beginning of 2024. Lower and upper borders of this falling channel have worked properly so far. The price dropped below the channel at times, yet it did not remain there and seems to have climbed into the channel again.AVAX is currently trading at the middle border of this channel and above the horizontal resistance level of $23.80. It can be stated that this zone is a key area as it previously worked as both support/resistance and is the channel’s middle line. If the price can hold here, the next target will be the area of $30.23–$32.91. Around this level, a strong sell pressure might be observed as it intersects with both the horizontal resistance and the channel’s upper border.In terms of a pullback scenario, the first support zone to hold the price is $21.50–$18.74. If lost, the price could test the lower border of the channel and the level of $13.23 again. Falling Channel Structure Summary:From a wide perspective, falling channel pattern is valid.The price is testing the resistance level of $23.80.If the price can hold above it, the target will be:→ $30.23→ $32.91 (upper border of the channel)In the event of a pullback, the support levels are as follows:→ $21.50→ $18.74→ $13.23 (lower border of the falling channel)Downtrend could end if the price can breakout; however, the price is trading within the channel.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
XRP Hits New High After Seven Years: What's Behind the Rise?
The cryptocurrency markets are entering a historic period. XRP has surpassed its previous peak of $3.40 after seven years, reaching a new all-time high (ATH) of $3.65. This historic breakout is seen not only in terms of price, but also as a result of strong momentum combined with the overcoming of regulatory uncertainty, institutional adoption, and real-world use cases.The End of Seven-Year ResistanceXRP has struggled to break above its $3.40 peak, reached in January 2018, for many years. The ongoing litigation between the SEC and Ripple, the spread of FUD (fear, uncertainty, and doubt) within the community, and regulatory gaps have consistently dampened the coin's rise. However, this landscape has radically changed in the last few weeks. 5-day XRP chart XRP regained momentum after the US House of Representatives passed three critical bills related to the cryptocurrency market. The GENIUS Act and the CLARITY Act, in particular, are historic steps toward providing the industry with long-awaited regulatory clarity. The GENIUS Act clarifies which crypto assets are considered securities, while the CLARITY Act excludes digital commodities like XRP from the security definition. This development has strengthened investor confidence by reducing the likelihood of repeat incidents like the Ripple-SEC lawsuit.Institutional Winds BlowXRP's surge isn't solely driven by individual investor FOMO. On-chain data shows that whale wallets holding more than 100 million XRP have accumulated an additional 2.2 billion tokens since the beginning of July. Furthermore, Grayscale's inclusion of XRP in its large-cap crypto fund indicates growing institutional interest in the coin.Analysts believe these levels are just the beginning. Financial institutions like Standard Chartered and Bitget predict that XRP could reach the $5 to $7 range by the end of the year. These expectations are based not only on price speculation but also on Ripple's growing ecosystem and increased regulatory clarity. Expansion in the Ripple ecosystemXRP's price rally is driven by Ripple's technical innovations and strategic partnerships with the real sector. The recent launch of the RLUSD stablecoin has increased the diversity of financial products within Ripple's ecosystem. Launched in partnership with BNY Mellon, this stablecoin quickly reached a market capitalization of over $500 million.Furthermore, Ripple's real estate tokenization project with the Dubai Land Department demonstrates how the XRP Ledger EVM sidechain can be integrated into real-world applications. This EVM chain currently hosts over 1,300 smart contracts and 160 tokens.
ETC Comments and Price Analysis July 18, 2025
ETC Technical AnalysisEthereum Classic is trading within a narrowing triangle pattern on the daily timeframe. The upper border of this triangle formation has been tested three times so far, yet the price can’t break above it successfully, which suggests that this zone stands as a strong resistance. Therefore, it is possible that the price will retreat to the lower border of this pattern around $17.00 if it can’t break above this mentioned strong resistance area. In case of a pullback, we have the first support level of $16.65. Above this support, the technical outlook seems promising for the future. We should be following the strong lower support level of $15.79 in case of a deeper correction.According to the rise scenario, the first major target area could be $25.79–$27.07 if the price can break above the triangle pattern’s upper border. What’s more, this region saw strong sell pressure in the past, so we may see some profit realization here. However, if this level gets also broken upwards, the level of $31 seems possible. Triangle Formation Summary:Third test within the triangle formation.The price may drop to around $17.00 unless there comes a breakout.Above the level of $16.65, technical outlook is positive.In case of an upward breakout,→ First target: $25.79 – $27.07→ Middle-term target: $31.00Lower support levels:→ $16.65→ $15.79These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
DOGE Comments and Price Analysis July 17, 2025
Dogecoin Technical Analysis: Institutional Interest and Technical LeapBit Origin, which is listed on NASDAQ, drew attention of DOGE investors when it launched a $500M Dogecoin treasury strategy earlier today. The company has signaled a major investment in DOGE with $400 million in shareholder capital and $100M in convertible debt. Now, let’s take a look at why this company has decided to invest in DOGE, where we stand technically, and what could happen next after this investment plan. Cup Handle Formation Looking at DOGE chart on the daily timeframe, we see that the price has been moving upwards after the support it got from the strong zone of $0.145–$0.160. When we analyze the cup-handle pattern on the chart, we can say that the uptrend is just beginning. We see a horizontal consolidation around the level of $0.21 recently, but the price must break above the price zone $0.26–$0.27 to complete the formation mentioned above.In the event that this pattern is complete, DOGE can technically surge to the level of $0.50–$0.52. This scenario also gets support from the idea that the price is trading above MA200 and middle-term downtrend.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
CETUS Comments and Price Analysis July 17, 2025
CETUS/USDT Technical AnalysisCETUS is drawing near to test the downtrend within which it has been trading for a long time. Here, the price zone of $0.108 - $0.118 especially stands as a key support in the short term. If the price can hold above this key level and upward momentum continues, we can expect the price to climb towards the trendline. Falling Trend Structure Currently, CETUS is trading at around $0.123 and the next horizontal resistance area is $0.144 – $0.155. This price zone is of great importance as it has seen strong sell in the past and it intersects with the trend line. In other words, it is highly possible that the price will determine the next direction here at this level. If the price breaks above this level, $0.194, $0.241, $0.333, and finally $0.493 should be followed as next targets ahead.However, if the price retreats, the first major support area to follow is $0.118 - $0.108. The price has the potential to pull back to the level of $0.0858 first and then to the level of $0.0777 if it starts trading below $0.118 - $0.108. These levels, in case of a pullback, also overlap with the lower trendlines.Summary:If holds above $0.108 – $0.118, the overall pattern is positive.The price could climb towards the upper trendline.$0.144 – $0.155 is strong resistance and if broken:→ $0.1940→ $0.2419→ $0.3335→ $0.4936 should be followed.Support levels in case of a pullback are→ $0.1180→ $0.1080→ $0.0858→ $0.0777Upper trend breakout will determine the price direction.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
What is Tether Gold (XAUT)?
In the traditional financial world, gold has been considered a safe haven for centuries. When inflation rises, markets fluctuate, or economic uncertainty intensifies, gold is often one of the first assets investors turn to. However, investing in physical gold also presents some practical challenges: storage, insurance, transportation, and liquidity issues make it difficult for this precious metal to fully serve investors in the digital age. This is where Tether Gold (XAUT) comes in.Tether Gold (XAUT) is a digital asset pegged one-to-one to physical gold. This means that each XAUT token represents one troy ounce (approximately 31.1 grams) of pure gold meeting London Good Delivery standards. These gold coins are stored in high-security vaults in Switzerland, and investors can redeem these digital tokens for actual gold bullion if they wish. This combines both the security of physical gold and the flexibility of digital assets in one structure. Tether Gold is essentially a form of gold traded on the blockchain. This largely eliminates the logistical and operational challenges encountered in traditional gold buying and selling processes. Users can buy XAUT online, store it in their wallets, and transfer it anywhere in the world in minutes, without having to go to banks or physical gold stores.Moreover, because Tether XAUT can be traded on the Ethereum (ERC-20) and Tron (TRC-20) networks, it offers broad compatibility within the crypto ecosystem and simplifies transfers. This allows investors to conveniently store XAUT tokens in their digital wallets and quickly buy and sell on various platforms when needed.Let's explore the details of Tether Gold, which bridges the gap between traditional finance and cryptocurrency, and answer questions like "What is Tether Gold?" and "What is XAUT coin?"The Definition and Origin of Tether GoldUSDT, one of the first projects that comes to mind when one thinks of "stablecoin," "stablecoin," or "stablecoin" in the cryptocurrency market, has been managed by Tether Limited for years. Known for its financial stability and dollar-pegged nature, this digital asset was developed with Tether's robust technical infrastructure and market experience. This same team set out to offer investors a cryptoasset pegged not only to the dollar but to a real and tangible commodity: gold. As a result of this vision, Tether Gold (XAUT) was launched in 2020.Tether Gold is managed through TG Commodities Limited, a subsidiary of Tether Limited established specifically for gold transactions. Each XAUT token is pegged one-to-one to one troy ounce (approximately 31.1 grams) of high-purity, quality gold bullion recognized by the LBMA (London Precious Metals Market Association). This means that when you hold 1 XAUT in your digital wallet, you actually own 1 troy ounce of gold, physically stored in a secure Swiss vault.These gold coins are tokenized on the blockchain, meaning your ownership is documented completely digitally, transparently, traceably, and securely. Furthermore, thanks to this system, which is directly related to physical gold, your digital asset is not just a number; it has a tangible value in the real world.Tether, the company behind Tether Gold, has already established a strong trust in the crypto world. This structure, which has reached billions of dollars in trading volume along with USDT, operates under the umbrella of iFinex and is directly linked to Bitfinex, a cryptocurrency exchange. This institutional background helps position XAUT as a reliable asset in the eyes of investors.Tether Gold tokens are designed to be traded on the Ethereum (ERC-20) and Tron (TRC-20) blockchains from the moment they are released. This allows users to easily transfer XAUT tokens to any digital wallet that supports these networks. This means users can securely store their XAUT using popular wallets like MetaMask, Trust Wallet, or TronLink and send it anywhere in the world with just a few clicks.This technical feature makes Tether Gold far more practical than traditional gold investing. Just think, what would you have to go through if you wanted to buy and send gold to someone the traditional way? Going to the bank, renting a safe, taking on the risks of transportation… But with XAUT, these transactions are now completely digital. In just a few minutes, you can send gold on-chain to a user on the other side of the world or buy and sell XAUT from your mobile device. We can compare XAUT with regular, physical gold in the following table:FeaturePhysical GoldTether Gold (XAUT)CollateralReal goldReal gold (1 XAUT = 1 troy ounce)Transfer EaseDifficult, requires physical transport24/7 digital transfer (Ethereum/Tron)StorageIn vaults, at home, in banksIn a digital walletDivisibilityLimitedHigh (can be bought in very small amounts)LiquidityDependent on jeweler/bank hoursInstant trading on centralized exchangesAccessibilityLocation-dependentGlobal, internet access is enoughSecurity RiskRisk of physical theft or lossDigital security (private key protection)Trading HoursLimited (weekdays, business hours)Always open (via blockchain)Auditing and TransparencyPersonal controlRegular audits by TetherTether Gold History: Key MilestonesSince its launch in 2020, Tether Gold (XAUT) has become a notable asset in both the crypto ecosystem and the traditional financial world. Enabling digital gold investment, the Tether gold coin project has made it an attractive option for both individual investors and institutional portfolios. Listings on various exchanges since its launch, increasing demand due to global economic developments, and partnerships with payment systems have played a critical role in Tether Gold's development. Below, you can examine XAUT's key historical milestones and growth process step by step:2020: Launch - Tether Gold was introduced by Tether in January 2020. This marked the entry of one of the first major digital assets backed by physical gold into the blockchain world. At the launch, each XAUT token was exchanged for 1 ounce of gold in a LBMA-approved bullion. 2021: Trading on centralized exchanges - Early on, Bitfinex, Gate.io, and several other crypto exchanges began listing XAUT. This step increased Tether Gold's liquidity and accessibility; users can now easily buy and sell XAUT on centralized exchanges.2022–2023: Demand for gold begins to increase - 2022 and 2023 were periods of volatility and uncertainty in the global economy. Inflation rates in many countries, especially the US and Europe, reached multi-decade highs; in the US alone, inflation exceeded 9% in the summer of 2022, alarming investors. In this environment, central bank interest rate hikes accelerated, while the Russo-Ukrainian war and energy crises also heightened risk perception in the markets. All these developments led investors to turn to gold, the traditional safe haven. Gold rose rapidly from $1,800 in 2022, approaching the $2,000 level in March. Despite fluctuations, it recovered in 2023, maintaining a strong trend between $1,900 and $2,050. This price increase was felt not only in the physical gold market but also in gold-backed digital assets.Tether Gold (XAUT), in particular, attracted attention due to its one-to-one peg to physical gold and its accessibility through blockchain technology. Investors sought an asset that maintained its value while offering the speed and convenience of the crypto world, turning to assets like XAUT. During this period, demand for XAUT increased significantly; trading volumes expanded, exchange listings increased, and institutional investors began adding this digital gold to their portfolios. In short, the upward momentum in gold prices created a shining star for XAUT among physical gold-backed cryptocurrencies.2024-2025: Institutional adoption and integrations - Starting in 2023, Tether Gold significantly expanded its use through integrations with payment systems and exchanges. In June 2023, Web3-based e-commerce platform Uquid accepted XAUT tokens as a direct payment method, allowing users to purchase real goods with the physical gold-backed digital asset. In 2024, a partnership with Alchemy Pay made VND/XAUT transactions available with zero commissions for users in Vietnam. By 2025, XAUT's international exchange listings also increased: exchanges such as FameEX, Maxbit (Thailand), and UZX launched spot and margin trading for the XAUT/USDT pair. Thanks to these strategic integrations, Tether Gold has become a functional digital gold asset, capable of making payments and global transfers, in addition to being an investment tool. However, it's worth noting that it is still not listed on Coinbase or Binance.2025: Gold continues to rise - As of 2025, the upward trend in gold prices continues. Factors such as interest rate uncertainty in the US and Europe, the cautious stance of central banks, and geopolitical tensions in the Middle East have led investors to return to gold. In this environment, the price of gold per ounce rose to $3,433 by June 2025, testing all-time highs. This increase fueled continued interest in Tether Gold. 5-year gold chart. 5-year XAUT chart. Why Is Tether Gold Valuable?So far, we've discussed Tether Gold's definition, its origins, and the milestones it has achieved since its launch. So, what distinguishes XAUT from other digital assets and makes it so valuable? What are XAUT's benefits? Let's examine them in detail.It's backed one-to-one by physical goldTether Gold's most fundamental value lies in its being backed one-to-one by physical gold. Crypto markets are generally highly volatile, but because XAUT is backed by actual gold, it tends to maintain its price relatively consistently. In other words, XAUT is considered a "safe haven" asset in the crypto world. Investors often turn to gold during periods of high inflation and economic uncertainty; Tether Gold fulfills a similar role by leveraging this safe haven approach to blockchain technology.A Fully Digital AssetOn the other hand, perhaps Tether Gold's biggest difference is that it is a fully digital, on-chain asset. In other words, even though XAUT represents a physical asset, all transactions occur on the blockchain. This offers significant advantages over traditional gold trading processes. For example, purchasing physical gold might require a trip to a jeweler, a bank transfer, or the worry of storing it. However, with XAUT, this process is completely transformed.24/7 Gold Transaction OpportunityXAUT tokens can be traded uninterruptedly 24/7 on the Ethereum and Tron blockchains. While traditional gold markets are closed on weekends or holidays, XAUT investors can buy and sell at any time and react instantly to price movements. This flexibility is particularly advantageous in volatile market conditions. XAUT transaction made via ERC-20 in an example wallet Investment Opportunity with Small DenominationsAnother key feature is XAUT's easy divisibility. While physical gold typically requires a specific weight, digital gold, XAUT, allows you to invest even very small amounts. This allows even small investors to enter the gold market. Instead of buying a gold bullion, you can participate in gold price movements by purchasing just a few dollars' worth of XAUT. In other words, Tether Gold provides investors with a liquid, geographically and time-sensitive gold experience.A Strong Tether BrandOne of the most important factors contributing to Tether Gold's value is the reputation of the company that developed it in the crypto world. XAUT is backed by Tether, a company with billions of dollars in trading volume and global recognition for its USDT. This structure is also linked to a well-established exchange like Bitfinex. Consequently, investors trust XAUT not only for its technical features but also for its strong brand and infrastructure. While Tether's name has already created a "safe haven" perception in the market, XAUT is seen as a version of this trust combined with gold. However, it's important to remember that Tether's reserve transparency has been criticized in the past, and each investor should conduct their own risk assessment.Who is the Founder of Tether Gold?As mentioned earlier, Tether Gold (XAUT) was developed by Tether Limited, one of the most established and well-known companies in the cryptocurrency ecosystem. Tether made its name globally with USDT, the world's largest US dollar-pegged stablecoin. Following the success of USDT, which reached a multi-billion dollar market capitalization, the company took a new step: this time, it aimed to create an asset pegged to physical gold, not the dollar. As a result of this vision, Tether Gold (XAUT) was launched in 2020.Tether Gold's operational processes are carried out through TG Commodities Limited, the privately held subsidiary that manages Tether's gold assets. Tether itself is operated by Hong Kong-based iFinex Inc. and is directly connected to the Bitfinex exchange, which operates under the same umbrella.Paolo Ardoino, Tether's chief technology officer (CTO) and CEO as of 2023, also played a key role in the development of Tether Gold. Ardoino, known for his numerous pronouncements in the crypto world, frequently emphasizes Tether's pioneering role not only in stablecoins but also in creating digital solutions based on physical assets. Under his leadership, Tether has further advanced its vision of integrating traditional finance with blockchain, launching projects like XAUT.So, does this digital gold truly carry physical value? According to the company's statements and reserve reports, yes. Each XAUT token is collateralized with a one-to-one equivalent of one troy ounce (approximately 31.1 grams) of pure gold, held in highly secure vaults in Switzerland, according to London Good Delivery standards. In other words, the XAUT you hold digitally is backed by tangible gold in real life.Tether regularly reports the existence and security of these reserves through independent auditors. According to the company's most recent data published in April 2025, XAUT's total reserve value exceeds $770 million. However, according to statements made to Bloomberg in July 2025, this amount is around $8 billion. Frequently Asked Questions (FAQ)We've provided comprehensive information about Tether Gold (XAUT). However, investors new to the crypto world may still have some basic questions. In this section, you can find answers to some frequently asked questions about Tether Gold:What is Tether Gold (XAUT) and how does it work? Tether Gold is a crypto asset backed by physical gold. Each XAUT token represents one troy ounce of gold stored in secure Swiss vaults. These tokens operate on the Ethereum and Tron blockchains (ERC-20 and TRC-20, respectively), and owners can buy and sell this digital gold at any time.Is XAUT truly backed by gold? Yes. Tether holds one troy ounce of physical gold in its vaults for every XAUT token they hold. Investors can track the existence and quantity of these gold reserves through the company's published reports. This way, the value of the XAUT token is based on the actual gold backing.What networks can it be transferred on? XAUT tokens are transferable on the Ethereum network (ERC-20 standard) and the Tron network (TRC-20 standard). This means that a XAUT holder can easily move their tokens to both an Ethereum wallet and a Tron wallet.Where to buy XAUT? How to buy XAUT tokens? Tether Gold is listed on many major cryptocurrency exchanges. XAUT can be purchased on exchanges such as Gate.io, Bitfinex, and Coinbase; some offer direct trading pairs with USDT or other cryptocurrencies. After purchasing, you can withdraw your tokens to your Ethereum or Tron wallet and keep them securely on the blockchain.Is physical gold delivery possible? Yes, if you are in Switzerland. XAUT token holders in Switzerland can convert their tokens into real gold bars. Tether's official website states: "If you wish to convert your XAUT tokens into physical gold, you can do so. We deliver physical gold bars to any address in Switzerland." What's the difference between USDT and XAUT? USDT (Tether USD) is a stablecoin pegged 1:1 to the US Dollar. XAUT, however, is backed by physical gold. This means USDT holders have stable access to dollars, while XAUT holders invest in actual gold. While USDT is the digital form of the dollar, XAUT is like "digital gold," its value tied to the price of the underlying gold.For detailed information about Tether Gold, the modern way to invest in gold in the digital world, check out the JR Kripto guide series.
Application Submitted for Injective (INJ)-Based Staked ETF in the US
Following spot ETFs in the cryptocurrency market, staking-focused ETFs are now making headlines. Asset management firm Canary Capital has submitted its application to the U.S. Securities and Exchange Commission (SEC) for a new exchange-traded fund (ETF) based on the Injective (INJ) token and offering staking returns. The company's product, called "Canary Staked INJ ETF," will both track the price of Injective and aim to generate additional returns through staking. ETF Application for InjectiveThis move is considered a step that could pave the way for staking-based ETFs in the U.S. The regulatory framework, previously focused solely on spot crypto ETFs, has begun to soften under President Donald Trump's pro-crypto administration. SEC officials have stated that the vast majority of staking activities do not fall under securities laws and therefore may not be subject to registration. SEC Commissioner Hester Peirce has also invited public feedback on the matter. Canary's new product comes amid a surge in staking-focused ETF initiatives in the US. As you may recall, REX-Osprey launched a Solana-based staking ETF earlier this month. Last month, the SEC also approved a multi-asset crypto fund from Grayscale, but this decision was later suspended.Canary Capital isn't limited to its INJ ETF initiative. The company has previously filed applications for ETFs including Tron (TRX), Cronos (CRO), Sei (SEI), Litecoin (LTC), Sui (SUI), Hedera (HBAR), and even the Pudgy Penguins-themed PENGU token and NFT. These comprehensive applications reflect the company's strategy to expand its crypto asset portfolio. The company released the following statement regarding its Injective ETF application: “We filed this application in response to the overwhelming demand for staking-based products from both individual and institutional investors. This ETF aims to eliminate technical barriers and provide a regulated, secure gateway to a broader range of investors.”Injective Labs, in its latest letter to the SEC, argued that regulatory clarity would create significant potential for DeFi and real-world assets (RWA). Injective CEO Eric Chen stated that the CLARITY Act, currently under consideration in Congress, would eliminate uncertainties and enable faster innovation on blockchain.The INJ token, meanwhile, is trading at $13.92, up 3.94% on the back of these developments. The token reached an all-time high of $52.62 in March 2024. According to CoinGecko data, Injective's total market capitalization stands at approximately $1.3 billion, placing it 89th in terms of market capitalization.
XRP Comments and Price Analysis July 17, 2025
XRP Technical OutlookXRP coin is trading close to a very critical price zone on the daily timeframe. A test to the upper border of the trend is about to occur within the ascending pattern. Both the horizontal resistance and the trend resistance intersect around $3.10–$3.20, which suggests that the current price area is a very strong sell zone, which is being tested currently. Current Trending Theme If the price can break above this strong resistance zone with great momentum, then the first price target will be the level of $3.40. Following this level, $4 and $6 can be considered middle-term targets. On the other hand, if we see a possible pullback or in case of a correction, the support levels to follow are $2.90, $2.63, and $2.55. We will see the short-term buyer situation around these levels.On the whole, XRP coin is in the decision phase at this price range where both horizontal and trend-based resistances are tested.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
A New Era for XRP: ProShares' UXRP ETF Launches on July 18
An exciting development is brewing for XRP in the crypto world. Ripple's native token, XRP, is getting its first leveraged XRP ETF, which will be listed on the exchange on July 18th. The Ultra XRP ETF (UXRP), launched by ProShares, has received approval from the US Securities and Exchange Commission (SEC) and is preparing to list on the New York Stock Exchange's NYSE Arca. This could be a potential turning point for the XRP ecosystem.The first leveraged XRP ETF is unveiledProShares' UXRP ETF aims to offer investors a leveraged investment product that targets twice the daily price movements of XRP. This creates an opportunity for investors looking to capitalize on short-term fluctuations in the XRP price to take positions without directly owning the token. Of course, such leveraged products, which recalibrate daily, carry additional risk; however, the growing adoption of XRP, especially in cross-border payments, makes its long-term prospects strong. ProShares is also launching a similar product for Solana (SOL), the Ultra Solana ETF (SLON). CEO Michael L. Sapir said, “As cryptocurrencies gain wider adoption, investors are turning to next-generation blockchain technologies like Solana and XRP. SLON and UXRP will help investors overcome technical challenges by providing leveraged access to these assets.” A New Gateway for Institutional InvestorsProShares is now leveraging its experience with Bitcoin and Ethereum futures ETFs to XRP. The UXRP ETF provides institutional investors with regulated exposure to XRP without the complexities of direct crypto custody. This could facilitate XRP's wider acceptance in mainstream financial markets.Another noteworthy development ahead of the ETF launch is the on-chain whale activity. The number of wallets with a balance of 1 million XRP or more has reached a record high. This growing accumulation indicates a significant increase in investor confidence and the potential for a significant capital inflow into the market with the ETF.Ripple Lawsuit and Price ExpectationsIn addition to all these developments, the ongoing lawsuit between Ripple and the SEC is also nearing its conclusion. A potential settlement and the official launch of the ETF could put significant upward pressure on the XRP price. In other words, the UXRP ETF is not only a new investment product; it could also be a potential catalyst for the XRP ecosystem.This move by ProShares could pave the way for leveraged ETFs not only for XRP but also for the overall crypto market. Starting July 18th, both institutional and individual investors will have new access to XRP.
ARB Comments and Price Analysis July 17, 2025
ARB Technical AnalysisArbitrum (ARB) has seen significant developments recently. One of the most remarkable was PayPal’s announcement that it will expand its stablecoin, PYUSD, to the Arbitrum network. This development is notable as it expands Arbitrum’s usage areas and demonstrates institutional confidence in this ecosystem. The total locked value (TVL) on the Arbitrum network has surpassed $2.5 billion with increasing institutional participation. Meanwhile, approximately 92.6 million ARB tokens were unlocked today, which accounts for a new supply of approximately $37 million. The increase in institutional interest and the impact of this unlocking on the price are both being closely monitored by investors.Now, let’s see what the technical chart tells us. Double Bottom Structure The double-bottom formation indicates a reversal from the lower areas as analyzed previously. The price of the coin shifted direction after bouncing twice from the order block (0.26–0.25 area) – see the blue range. The breakout of the resistance level of $0.34 suggests that the fall may be over technically. Also, holding above MA200 supports the upward movement of the price.The price has broken above the short-term descending trend and surged to the key resistance area of $0.4233–$0.4532. If the price can break above this resistance area and see daily closings, the levels $0.54, $0.70, and psychological level $1 could be the next targets ahead.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
Trump-Backed Crypto Project WLFI Opens to Public Access
World Liberty Financial (WLFI), the cryptocurrency project supported by US President Donald Trump, has until now been a platform accessible only to "accredited investors." However, this changed after Wednesday's vote. Now, ordinary users can also purchase the WLFI token from exchanges.This Ethereum-based project aims to operate in the decentralized finance (DeFi) space. Essentially, it aims to offer services such as borrowing and lending with cryptocurrency. WLFI is defined as the native governance token of this ecosystem. This means token holders can vote on decisions regarding the platform's future. The token can also be bought and sold on exchanges, just like other cryptocurrencies. According to a statement published on World Liberty Financial's website, this vote is considered "a significant milestone in the project's development." The statement stated, "Due to the strong demand from community members and our business partners, we believe the time is right for WLFI to become tradable and to begin a new era of participation." While it hasn't yet been announced which cryptocurrency exchanges it will be traded on, official sources for the project indicate that the token will be available soon. Some of these tokens, previously available only to large investors, are now being unlocked. Others will be subject to longer-term unlock schedules.Trump Directly Involved in the WLFI ProjectAnother element that makes the project noteworthy is the Trump family's direct involvement in the project. WLFI was first announced in 2024 by Donald Trump's son, Eric Trump. The project's founders include veterans in the DeFi field such as Chase Herro and Zak Folkman, as well as the Trump and Witkoff families.However, the project's political connections have sparked some controversy in Washington. Some Democratic lawmakers, in particular, argue that this initiative, launched after Trump's term, poses a serious ethical conflict of interest. The Trump family's millions of dollars in revenue from token sales is a key argument in these criticisms. Indeed, in a recent financial disclosure, it was revealed that Donald Trump had made a whopping $57.3 million in profits from token sales in the project. Additionally, TRON founder Justin Sun stated that he would receive $100 million in TRUMP coins. To date, he has purchased $26.4 million in coins.World Liberty Financial has not yet officially launched. The launch date for crypto lending and borrowing services remains unclear. However, the public launch of the WLFI token may signal an acceleration of this process.
SOL Comment and Price Analysis July 16, 2025
SOL Technical AnalysisSolana has been trading within an ascending channel since the end of 2023. Looking at the broader picture, both the upper and lower boundaries of this channel have held effectively so far. Moreover, the price has recently been consolidating within a narrower range. Rising Channel Structure This horizontal pattern between $140 and $170 appears to be forming a triangle. A key horizontal resistance level lies at $167.87, which also intersects with a minor downtrend line. In summary, the price is approaching a critical breakout zone.Currently holding above $163, Solana is attempting to break through this significant resistance. If daily closes are seen above $167, the following Fibonacci-based levels could be targeted:$201.24$233.18$300.00These levels have previously acted as strong resistance zones.In the event of a pullback, the immediate support levels to watch are $146.86 and $140.03. Below these, additional support lies at $128, with the strongest zone between $119 and $122.As long as the ascending channel remains intact, a continuation of the bullish structure is expected. If resistance levels are broken with strong momentum, the $300 region could become a valid technical target.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
What is Story (IP)?
With the evolution of the internet, storytelling is also transforming. We are no longer faced with a new form of narrative shaped solely by books, TV series, or games, but rather by digital communities, blockchain infrastructure, and decentralized technologies. This is precisely where Story (IP) emerges, offering creative content creators the opportunity to both protect their intellectual property and develop this content more freely in the Web3 world. Simply put: Story (IP) enables a story not only to be told but also to be owned, developed, and even monetized together with the community. So, what does this mean? How does story tokenization work? Why is it important? Moreover, how does a story live on-chain? In this guide, we will thoroughly explore what Story (IP) is, how it works, what blockchain infrastructure it uses, and why it offers an important model for creators. Story (IP) is a Web3 protocol that enables digital content creators to manage their intellectual property rights on the blockchain. This protocol transforms creative works such as stories, characters, images, text, and music into NFTs (ERC-721) on-chain (tokenization), making author ownership and terms of use programmable. When users register their works through Story, they can set automatic licensing and copyright rules, allowing everyone to transparently see who owns what rights to the works. Ultimately, Story aims to adapt copyrights to today's Web3 world of content management and ownership by securing content intellectual property on the blockchain.Definition and Origin of Story (IP)Story Protocol (Story IP for short) is a Web3 project offering an open IP infrastructure. Its goal is to transform digital content into programmable IP assets on the blockchain. Story provides an IP repository to track the evolution of works by recording every stage of the creative process. Just as GitHub tracks software versions, Story tracks forks of stories, images, and sounds and transparently records the links between works. This allows copyrights to be transferred to the blockchain; Authors register their creations as intellectual property, predetermine their terms (commercial use, derivative work permissions, revenue sharing, etc.), and secure them through the code.One of Story's most striking definitions is its positioning itself as the "GitHub of IP." So, what exactly does this mean? GitHub, well-known to software developers, is a platform for tracking the entire history, changes, and versions of a code. Code can be publicly accessible, others can contribute, and different versions of a code can be kept together. Story applies the same logic to creative content, namely intellectual property (IP) assets. A story, character, universe, or scenario—whatever the content—is represented as a token on Story, and just like code on GitHub, its versions can change. This allows transparent tracking of details such as how the content has evolved over time, who contributed what, and which community has more ownership of which version. In short, becoming the “GitHub of IP” enables the decentralized and community-driven management of creative works. Announced in 2023, Story raised over $140 million in a round led by a16z Crypto. When the Story project was first announced, it promised a balance that sounded exciting in the creative world: protecting copyrights while fostering a “remix” culture. These two things often seem at odds. While copyrights focus on preventing unauthorized use of a work, remix culture is based on the idea of taking existing works, transforming them, adding to them, and creating new meanings. Story proposes a hybrid system that combines the two.By tokenizing creative content on the blockchain, the protocol provides transparent and immutable documentation of each work’s original form—much like an NFT. This allows for the record of who first created a story or character to be fixed on-chain. On the other hand, it also leaves room for remixing, or reinterpretation, of this content. Remixers can reuse content within established rules and licenses, without completely excluding the rights holders of the original work. These processes are not only creative but also economic: revenue generated from remixed content can be returned to the original creators as a share, as defined in the system. Thus, Story gives creators not only the right to say, "This is my work," but also the space to say, "This is my work, and I want it to evolve with the community."The History of Story (IP): Key MilestonesStory, the product of a vision aimed at reimagining the future of content creation, has embarked on a remarkable journey since 2023. Although Story's foundations were laid in 2023, it took approximately two years for the mainnet to launch. Let's take a look at the milestones of the Story protocol:The Story protocol was announced. 2023 marked the first public launch of the Story protocol. While the project was still in its infancy, in 2024, Andreessen Horowitz (a16z Crypto), one of Silicon Valley's most influential investment firms, became an early believer in the protocol's potential. In an investment round led by a16z, Story raised $80 million under the name PIP Labs. This investment gave the project a $2.25 billion valuation before its launch, a remarkable figure for content-based Web3 projects. The Story team continued to do so throughout this period. To lay a solid foundation, work began on the Layer 1 (L1) blockchain architecture. Furthermore, development of "licensing modules," one of the protocol's most distinctive features, began during this process. These modules were designed to enable content remixing, revenue sharing, and the definition of terms of use on the blockchain. In short, 2023 was a year in which both the technical and strategic infrastructure for Story was laid.Public testnet launch: Testing processes were initiated with story creator communities and game/studio collaborations. The Story team invited content creators and developers to join the protocol and began early testing. For example, in August 2024, the public testnet called "Iliad" launched, allowing project participants to mint their IP assets and test licenses.Mainnet launch: The Story mainnet (Homer) was officially launched in February 2025. With this launch, the protocol's licensing module was activated, and the infrastructure for IP tokenization was ready. Of the total supply of 1 billion IP tokens, 25% will be released to the mainnet, while the remaining tokens are released over time through an unlocking program. Since then, many stakeholders, including game studios, film production projects, and author collectives, have joined the ecosystem, moving their IP assets to Story and managing their copyrights on the blockchain.Why Is Story (IP) Valuable?Story (IP) protects the rights of content creators and owners much more strongly than traditional methods. Thanks to Story's L1 blockchain, intellectual property becomes trackable and programmable on-chain. For example, creators can register a story or character they create as an ERC-721 NFT, predetermining who owns the asset and how it is used. This automates copyright on the blockchain, establishing a transparent protection and rights defense mechanism against unauthorized use of the work. Some projects on the Story mainnet. Artists and content creators directly participate in remix and revenue sharing systems through the Story protocol. Story's License Module and Royalty Module connect the author with new works derived from their work. Relevant license terms (for example, the obligation to attribution in derivative works or the transfer of a certain share of the revenue generated to the author) are encoded into the protocol as a smart contract. Thus, when a user remixes the work, all these conditions are automatically applied, and the artist receives royalty income. While detecting copyright infringement in the digital environment can be difficult, with Story, since works are identified on blockchains, it becomes clear who contributed where, thus protecting rights claims based on blockchain evidence.Furthermore, Story enables community-based IP management through DAO-based governance. Both a decentralized entity (DAO) and organizations like the Story Foundation play a role in Story's governance. IP token holders gain voting rights based on the number of tokens they stake, allowing them to decide on protocol updates and parameters. This model ensures that control over copyrights is distributed throughout the community. While copyright and producer support issues are prevalent in today's Web3 world, Story overcomes these challenges with its blockchain-focused solutions. As a result, Story (IP) offers creators equitable royalty distribution, flexible licensing, and digital rights management (DRM), offering innovative DeFi-like solutions in the creative economy.The IP token plays a central role in Story's Layer-1 blockchain network. It is used for network operations, governance, and security/staking. All content infrastructure operations (IP asset registration, licensing, royalty distribution) are paid in IP tokens instead of gas fees, and during peak usage, a portion is burned out of circulation. This mechanism has the potential to create a deflationary supply, similar to the EIP-1559 burn model on Ethereum. The total supply is capped at 1 billion IP tokens, and 25% will be unlocked initially, while the remaining tokens remain locked and gradually released over time.Story utilizes PoS (Proof-of-Stake) and PoC (Proof-of-Creativity) consensus mechanisms. IP token holders contribute to network security by staking as validators or delegators. Validators participate in the system with a minimum of 1024 IP stakes, and a small, burnt fee is charged for each staking/delegation/unstaking transaction. Staking tokens both ensures network security and rewards validators. Furthermore, IP token holders can participate in governance votes through the DAO based on their stake. A weighted model can be implemented, such as one vote per token or 1.25 votes per staked token.Furthermore, the "Proof-of-Creativity" mechanism at the heart of the protocol not only prevents unauthorized use but also enables processes such as automated licensing and royalty payments. Users can register their creative content on the blockchain as "IP Assets," which become not only representative tokens but also digital subjects equipped with actionable modules. Modules are small application blocks that automate functions such as permissionless licensing, royalty sharing, or dispute resolution. This structure also allows developers to write their own modules, making Story an extensible IP infrastructure. The licensing process is simplified thanks to the ready-made contract templates and license tokens offered by Story.Who is the Founder of Story (IP)?Story Protocol is developed by two core entities: the Story Foundation (and DAO) and PIP Labs. The project is driven by academics and entrepreneurs. For example, Scott Kominers and Siqi Chen, who hail from academia such as Harvard and MIT, work under the PIP Labs umbrella; the Story Foundation's founders include Jason Zhao and Seung-yoon "SY" Lee, both content and technology veterans. Story has attracted backing from major capital firms since its early stages. A Series B round led by Andreessen Horowitz (a16z Crypto) and Polychain Capital secured $80 million, bringing PIP Labs' total funding to over $140 million. Investors also include major funds like Hashed, Foresight Ventures, Samsung Next, and SparkLabs Global. Additionally, it is known that investors like Endeavor Group supported the Story Foundation in its initial phase.The project team consists of experts in the creative economy, digital content technology, and blockchain development. Experienced storytelling and IP management experts, technology architects, and legal advisors come together to shape Story. All components of Story are developed open source; the protocol code is publicly available on GitHub. Furthermore, the governance process is DAO-based; IP token holders participate in governance decisions through community votes, shaping the protocol.Frequently Asked Questions (FAQ)So far, we've discussed Story's origins, history, founders, and value. However, the Story protocol is quite new and comprehensive, both in terms of its technical aspects and the creative possibilities it offers. Therefore, it's understandable that some questions still linger. "How do I represent a story on the blockchain?", "Can remixed content actually generate revenue?", "What about copyright infringement?" Questions like these are among the fundamental issues that come to mind for most content creators looking to break into this field. In this section, you'll find practical information that will help you better understand Story. We've addressed frequently asked questions such as the protocol's operating principles, the licensing process, the purpose of IP tokens, and how remix culture is protected with concise and clear answers. Whether you're just getting started with Story or are already exploring this new model as a content creator, the FAQ section below will make your first steps much easier. If you're ready, let's start with the most frequently asked questions.What is Story IP and how does it work? What is Story Protocol?: Story (IP) is a Web3 protocol that brings intellectual property rights to the blockchain. It registers content as ERC-721 NFTs and automates copyrights by adding programmable licenses. This secures works on the blockchain, and each permitted use is transparently tracked under specified conditions.What is IP tokenization?: IP tokenization is the process of converting an intellectual property (e.g., a story, a piece of music, or a work of art) into a unique token on the blockchain. This process records the author's ownership and encapsulates the relevant rights in a smart contract. The tokenized IP can be bought, sold, licensed, or converted into monetization tools, just like other NFTs.How are works protected with Story IP?: In Story, works are first minted as ERC-721 NFTs and then associated with a smart contract called the "IP Account." This secures the licensing and copyright rules set by the author on the chain. For example, when a work is shared or remixed, predefined Programmable IP License (PIL) terms are automatically applied. This method continuously monitors the rights of the author, and every use can be proven with blockchain records.How do remix licenses work?: In Story, remix licenses operate through modular smart contracts. The author defines license templates (an example of a PIL) for an IP asset; these templates encode conditions such as attribution requirements and revenue sharing ratios for derivative works. When other users accept these terms and remix the work, the protocol automatically applies the license agreement. Ultimately, royalty revenue is transferred to the author as determined by the smart contracts, attribution rights are protected, and everything happens under an open record. This supports remix culture while the original creators are compensated for their efforts.Will there be a Story (IP) token?: Yes. Story's own IP token (abbreviated as IP) is available and has launched with the mainnet. The Story IP coin supply was set at 1 billion. The IP token is used for functions such as paying network fees, participating in governance through staking, and benefiting from special incentives. Upon launch, 25% of the supply is unlocked, while the remaining tokens are released linearly over time. This token is also used as voting rights in decentralized governance votes or content licenses.Who is the project aimed at?: Story (IP) targets a broad range of users, primarily digital content creators. Novelists, comic book creators, artists, film and game studios, and music producers can all use Story to record and monetize their work. Furthermore, platforms developing AI-based content (AI agents, dataset providers) and DeFi projects leverage the Story ecosystem to generate revenue by leveraging their IP assets. Story's goal is to expand IP protection across all platforms by offering creators Web3-based digital rights management.To explore blockchain-based rights management in creative fields like writing, illustration, audio, and story production, check out JR Kripto's Story (IP) guide.
Arbitrum Support Added to PayPal's Stablecoin PYUSD
Digital payments giant PayPal has added Arbitrum to the blockchain networks supporting its stablecoin, PYUSD. According to the company's updated cryptocurrency terms of use, dated July 16, 2025, PYUSD will now operate on Arbitrum, in addition to Ethereum and Solana. While this development has not yet been officially announced by PayPal, it was revealed through changes to the terms and conditions on its website.PayPal now supports the Arbitrum networkThe "PYUSD Stablecoin" section on PayPal's official website, updated on July 16, clearly states that PYUSD is now supported on the Ethereum, Solana, and Arbitrum networks. Arbitrum's new addition to this list is evident from its absence in the previous version, dated July 11, according to the Wayback Machine archive. Similarly, the "Transaction Limits" section now includes information regarding the use of PYUSD on Arbitrum. The official announcement hasn't arrived yetPayPal hasn't yet publicly announced this integration. However, considering the company's digital currency strategy, its focus on Ethereum-compatible Layer 2 solutions like Arbitrum isn't surprising.PayPal USD (PYUSD) was first launched on the Ethereum network in August 2023. This stablecoin, issued by Paxos, is fully backed by US dollar reserves, short-term treasury bonds, and similar cash assets. PYUSD's primary goal is to create a stablecoin that can be integrated into digital payment systems.PayPal CEO Dan Schulman stated at the launch, "The transition to cryptocurrencies requires a stable medium that is both digitally native and easily integrated with fiat currencies like the US dollar."The stablecoin was later expanded to the Solana network in May 2024. This move was interpreted as a significant step toward PayPal's goal of creating a digital dollar that supports fast and low-cost transactions and can be used in commerce and payments. Paxos was already on ArbitrumPaxos, the company behind PYUSD, completed its integration into the Arbitrum network in September 2024. By migrating its tokenization platform to Arbitrum, the company aimed to offer new opportunities for both institutional and individual users. Therefore, the inclusion of PYUSD in this ecosystem was a technically expected development.The Arbitrum integration will further expand PYUSD's reach and appeal to different user segments. The low transaction fees and high speeds offered by Arbitrum, in particular, could contribute to making PYUSD more convenient for commercial transactions.
BNB Comments and Price Analysis July 16, 2025
BNB/USDT Technical AnalysisOn the chart, it can be clearly seen that there are two distinct ascending channels affecting the price of the coin—one of which is a wider major channel (blue), based on the tips of the wicks, while the other is a much narrower minor channel (orange), based on the candle bodies. It must be stated that both of these channels are crucial for determining price direction.BNB is currently trading in an area where both the minor falling channel and the horizontal resistance level intersect. The price zone of $688 – $699 appears to be a strong resistance area that has been tested multiple times. If this zone is broken to the upside, the first major target will be the $734 level. If $734 is surpassed, the upper border of the major channel can be technically targeted.On the other hand, the level of $658 could act as support if the price is rejected from the current resistance zone. Below $658, the next support levels to watch are $630 and then the stronger support of $620. A drop below these levels would signal a break of the minor channel and could push the price toward the lower border of the major channel.Despite the positive outlook, price action in this region will be decisive for both short- and mid-term direction, as this is the zone where both channel and horizontal resistance meet. Rising Trend Structure Summary:Both the major and minor ascending trends are in effect.The price is testing the resistance zone at $688 – $699.If broken upwards, the first target will be $734 and potentially the upper border of the major channel.In case of a pullback, support levels to follow are $658 → $630 → $620.The channel patterns support a positive price outlook.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
