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Ripples XRP XRP/USD surged 18.75% in seven days, making it one of the best-performing of the top 100 cryptocurrencies by market capitalization, including Bitcoin BTC/USD and Ethereum ETH/USD.

What Happened: According to LunarCrush, a data aggregator platform, when market performance and social performance are combined, XRP emerges as the top-ranking digital asset.

Data from LunarCrush reveals that in the last 24 hours, XRP had a social volume of 5,967 and 14.9 million social engagements.

Ryan Selkis, founder of Messari, believes the SECs case against XRP is an overreach. He highlighted on March 21 that the XRP has seen a significant surge in user accounts

See Also: Top Indian Apps That Give Bitcoin, NFT Rewards

Nexo NEXO/USD was second on the list which saw a 15.53% weekly surge, thanks to the addition of exclusive market intelligence features to Nexo Pro.

The third on the list is Flare token FLR/USD, which rose 15.16% after it launched FlareDrop on March 14. XDC networkXDC/USD was fourth on the list, up 13.79% in weekly gains and Litecoin LTC/USD was last, recording 13.41% gains.

Price Action: BTC was trading at $27,893, up 2.08% and ETH was trading at $1,765 up 0.73% in the last seven days, according to Benzinga Pro data.

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Layer-1 Token Jumps 18% In Weekly Gains, Outperforming Bitcoin ... - Benzinga

A top crypto analyst is mapping the path forward for four crypto assets that have witnessed bullish price action in the last seven days.

In a new strategy session, pseudonymous analyst Cred tells his 49,200 YouTube subscribers that XRP could witness bullish continuation as long as it is above the previous resistance at $0.414.

If this breakout sticks and XRP does its sort of trend wiping candles where it just moons and sort of retraces weeks and weeks and weeks of selling in a much smaller number of weeks, if that is the case, I think the bigger magnet if you will, or the clearer level for price is about $0.50 to $0.60.

XRP, which is up by nearly 10% in the past week, is trading at $0.425 at time of writing.

Next up is smart contract protocol Cardano (ADA). Cred says the seventh largest crypto asset by market cap is respecting technicals and could revisit its 2023 high of $0.42, which it hit in February.

I think as long as youre not getting daily acceptance below sort of $0.35 and this more recent flip level [of around $0.35] I think if this reclaims sticks, the next high timeframe trouble area is this big support resistance flip range high thing at around $0.41.That makes sense to me.

And then if that breaks, we can just carve out a range of this thing with $0.40, $0.60-ish and $0.50 is the mid. But I think in the short term, we have pretty clear trading levels between $0.35 and $0.42-ish

Cardano is trading at $0.361 at time of writing.

Turning to Solana (SOL), the pseudonymous analyst says that the 12th-largest crypto by market cap is forming a double bottom pattern after managing to hold support at $20 According to Cred, Solana is still range bound with support at $20, range midpoint at $23 and resistance at $26.

We essentially have a double bottom forming just above a high timeframe level of support [at $20]

Sort of range low reclaim as long as you dont get daily closes back below $20 $21. That looks like its trading back within the range.

When markets do that, we like to look at the mid and the other side of the range, which I think for this [Solana daily timeframe] chart would be something akin to $22 is the range midpoint, $24-ish is the range high.

You could be a bit more charitable and use something closer to the extremities, the sort of same range local at around $20 and then the $26 range high, giving you a $23, $24 mid.

Solana is worth $20.89 at time of writing.

The last coin on the traders radar is Ethereum (ETH) rival Fantom (FTM). According to Cred, FTM looks bullish provided it stays above its previous resistance at $0.43.

As long as thats the case, then youd expect the high [around $0.65] to be traded and then the next big trouble area, if we get a really meaty rotation, is the former range high at like $0.70 to $0.90.

Fantom is trading at $0.46 at time of writing. A move toward the upper bounds of the analysts target suggests a rally of over 90% for the Ethereum competitor.

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Analyst Predicts Ethereum Rival Will Explode by Over 90%, Updates Outlook on XRP, Cardano and Solana - The Daily Hodl

Bitcoin BTC/USD traded mostly flat, with the cryptocurrency prices trading above the $27,800 level on Monday.

Ethereum ETH/USD traded slightly higher, but remained above the key $1,700 mark this morning.

Neo NEO/USD was the top gainer over the prior 24 hours, while SingularityNET AGIX/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap rose to $1.16 trillion, recording a 24-hour gain of 0.2%. BTC was trading lower by 0.3% at $27,891 while ETH fell by around 0.9% to $1,766 on Monday.

Here are the top ten crypto gainers and losers over the past 24 hours:

Price: $12.6724-hour gain: 5.1%

Price: $5.9824-hour gain: 4.5%

Price: $0.477124-hour gain: 4.2%

Price: $43.4324-hour gain: 4%

Price: $38.2024-hour gain: 3.7%

Price: $0.424324-hour drop: 4.4%

Price: $0.349224-hour drop: 4.2%

Price: $0.0340524-hour drop: 4.1%

Price: $2.1824-hour drop: 4.1%

Price: $0.738624-hour drop: 3.4%

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Ethereum Edges Lower But Remains Above This Key Level ... - Benzinga

Silvergate Capital Corp SI shares are trading higher by 30.23% to $2.24 Monday morning after MicroStrategy Inc MSTRreported it voluntarily prepaid its Silvergate Bank loan. MicroStrategy prepaid approximately $161.0 million.

What Else?

The Term Loan was issued pursuant to a Credit and Security Agreement, dated as of March 23, 2022 by and between Microstrategy and Silvergateandwas collateralized by certain bitcoin owned by Microstrategy and a$5.0 millioncash reserve account.

See Also:Why NuCana Shares Are Nosediving

Silvergate agreed to accept$161 million in full repayment, satisfactionand discharge of the Term Loan and all other obligations under the Credit Agreementand the other related loan documents.

According to data fromBenzinga Pro, SI has a 52-week high of $162.64 and a 52-week low of $1.10.

2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Get ready to uncover the secrets of decentralized finance and security in the crypto market with Crypto Unlocked , Benzinga's new virtual crypto event series. Don't miss out on this opportunity to learn from the experts and connect with fellow crypto enthusiasts subscribe and turn on notifications for Crypto Unlocked on YouTube today !

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Why Bitcoin- And Ethereum-Related Stock Silvergate Is Up 30 ... - Benzinga

Tomiwabold Olajide

Massive Shiba Inu (SHIB) burn by Ethereum creator Vitalik Buterin enters crypto history books

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Conor Grogan, a director at Coinbase, recently took to Twitter to provide a list of the most expensive crypto-transactions-by-chain that he was aware of. According to the list he supplied, the Ethereum network's $4.4 billion move between Binance wallets on May 7, 2022, took the top spot.

In the second spot, there was a $1.94 billion move by Binance to cold storage on Feb. 22.

In June 2018, Tron founder Justin Sun made a huge $1.46 billion transfer to the Huobi exchange. This took fourth place. Then in April 2020, $1.1 billion worth BTC moved from Bitfinex for the refill of its exchange hot wallet.

Among these noteworthy transactions is a transfer of $65.53 million worth of XRP from Bitso to Bithumb.

While all of these transactions have a place in history, none stands out compared to Ethereum co-creator Vitalik Buterin's massive 410 trillion Shiba Inu burn.

Grogan stated that if transactions to burn addresses are taken into consideration, Vitalik Buterin's $7 billion might be the biggest of all time. This even surpasses the $4.4 billion ETH move between Binance wallets previously stated. Grogan also says he did not include $13 billion worth of BETH burned back on June 7, 2022, in the list he provided for lack of clarity on the transaction.

In May 2021, Ethereum co-creator Vitalik Buterin burned 90% of his SHIB holdings, totaling around $7 billion, saying he did not want to be a locus of power of that kind. Buterin had been unwillingly gifted half of SHIB's total supply.

A stash of over 410 trillion tokens was sent to a dead blockchain address in a single transaction, removing them from circulation.

The remaining 10% was earmarked for charitable causes by the Ethereum co-creator.

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410 Trillion Shiba Inu (SHIB) Burn by Ethereum's Vitalik Buterin Might Be Biggest of All Time: Details - U.Today