Bitcoin’s price ascent as of late continued on Friday as the asset tapped a two-month peak of almost $96,000 before retracing slightly.

Several meme coins have produced impressive gains over the past 24 hours, led by BONK and TRUMP, both of which have soared by over 20%.

BTC Calms at $95K

The primary cryptocurrency began the trading week on the right foot, with its price surging from $84,000 to over $87,000. Thus, it broke above the upper boundary of its recent consolidation range.

The gains continued in the following days, including a surge past $90,000 on Tuesday, and BTC hasn’t looked back since. It jumped to $93,000 on Wednesday, where it faced minor resistance and was pushed down to $92,000. However, that was short-lived, and the asset started pushing north once again on Thursday and Friday.

The culmination came yesterday when BTC came inches away from tapping $96,000. Although it couldn’t penetrate that level, it still marked a two-month high.

For now, its price stands just below $95,000 after a small correction on a daily scale. Its market cap has calmed at $1.880 trillion on CG, and its dominance over the alts has declined slightly to 61.2%.

TRUMP on the Rise Again

After the news went out that the top 220 TRUMP holders would have the chance to attend a special dinner with the US President, the meme coin’s price went parabolic. As more information is revealed by the team, investors rush into buying the token, and its price is up by another 20% on a daily scale. Its value has roughly doubled in the past week, currently trading close to $15.

The top performer today is Bitcoin SV, though, which has returned to the biggest 100 alts by market cap after a 31% surge. WLD follows with 24%, and BONK completes the top 3 with a 22% increase.

Most larger-cap alts are trading more quietly, aside from SHIB and PEPE, which have posted impressive gains. DOGE and XLM are also in the green.

[PRESS RELEASE – Victoria, Seychelles, April 26th, 2025]

BTSE is excited to announce a month-long celebration for Bitcoin Pizza Day 2025, featuring a massive 5.22 million USDT prize pool across multiple trading competitions, engaging community events including exclusive giveaways, and a global photo contest. From April 26 to May 26, BTSE is offering crypto traders and enthusiasts around the world an opportunity to participate in the promotions.

Limited-Edition Community Giveaway

Event Period: April 26 – May 10, 2025

• Participants who join BTSE’s official Telegram community (@BTSEcom) before May 10 can enter a lucky draw for a limited-edition BTSE Pizza Day disposable camera.

Bitcoin Pizza Day Photo Contest with $1,000 Top Prize

Event Period: May 11, 2025, 00:00 — May 26, 2025, 23:59 (UTC+0)

Participants can celebrate Bitcoin Pizza Day by capturing creative photos that showcase Bitcoin culture and BTSE spirit:

• Participants should use the BTSE limited edition disposable camera or any camera/smartphone.
• Post their photos on social media with the hashtag #BTSEPizzaDay.
• Photos featuring BTSE merchandise, pizza check-ins, parties, or personal stories are encouraged.

Prizes:

• Best Picture Award: $1,000 USDT (1 winner)
• Most Popular Award: Split $1,000 USDT (multiple winners)
• Participation Award: Pizza vouchers (multiple winners, high winning chances)

Evaluation & Timeline:

• Entries submitted by May 26, 23:59 (UTC+0) qualify.
• Winners announced May 30, with rewards distributed within 7 working days.
• Social media engagement (likes, comments, shares) will influence judging.

Bitcoin Pizza Day Trading Competition – $5,220,000 USDT in Prizes

Event Period: April 26, 2025, 00:00 — May 26, 2025, 23:59 (UTC+0)

BTSE’s flagship trading event offers several opportunities to earn rewards:

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Full details, including terms and conditions for each campaign, are available on the official BTSE event page.

About Bitcoin Pizza Day

Bitcoin Pizza Day commemorates the first real-world Bitcoin purchase on May 22, 2010, when 10,000 BTC bought two pizzas — a historic moment marking Bitcoin’s journey toward mainstream adoption.

About BTSE

BTSE Group is a global blockchain technology company focused on three primary businesses: Exchange, Payments, and Infrastructure Development. The BTSE exchange supports 350+ cryptocurrencies and 50+ perpetual futures contracts with over USD $30B in monthly trading volume. The payments platform can provide fiat and crypto pay-ins and outs, as well as OTC services for over 50 major currencies. Additionally, their enterprise solutions enable businesses to white-label our exchange infrastructure, wallets, payment gateways, access liquidity, and more.

XRP’s price posted a +6% green candle for the week on Friday, but other than BNB at +2% and TRX down -1%, it trailed the top 10 crypto assets by market cap. BTC posted +12% gains, ETH +12%, SOL +15%, DOGE +18%, ADA +17%, and SUI an eye-catching +74% candle.

So Ripple’s token may be undervalued at a long-term outlook, and the value buy this weekend for long-term holding crypto investors shopping out of the most favored assets by online and commercial telecom markets.

Here are five recent developments keeping market demand rolling for the massive cross-border payments company’s signature fleet of XRP tokens:

1. XRP Flips Ethereum in Diluted Market Cap

HISTORIC: $XRP FLIPS $ETH

After 6 straight months of outperforming #Ethereum, #XRP has officially become the second-largest asset by fully diluted market cap.

The numbers?

• XRP: $208.4B
• ETH: $192.5B

No hype. No dreams.
Just onchain facts. pic.twitter.com/FcO5p4UCEF

— John Squire (@TheCryptoSquire) April 18, 2025

XRP’s fully diluted market cap is nearly 1/8th of Bitcoin’s in April. That is a remarkable development and a key fundamental metric in the supply/demand economics at play in the daily market price of these currencies.

Bitcoin’s market cap on Friday, Apr. 25, was $1.8 trillion. Ethereum’s was $215 billion, and XRP’s was a distant third at $128 billion.

But, its fully diluted market cap is the market capitalization if all the currency’s tokens were in circulation. By that metric, XRP surpassed ETH for the first time in the final stretch of April.

That’s important over the long term because XRP is supposed to become a scarce digital token with a supply cap of 100 billion coins. Meanwhile, Internet and institutional demand for the asset is high, and its use case is focused yet plentiful with expansion opportunities.

2. Paul Atkins Sworn In As New SEC Chair

Meanwhile, after Ripple’s lengthy and costly lawsuit with the SEC, Paul Atkins assumed office as the new agency Chair on Apr. 21, which is especially important for XRP market prices.

In the private sector, Atkins helped develop best practices for cryptocurrencies for a global strategy, hedge, and regulatory consultancy he founded. This has raised hopes of a final resolution to the lagging Dec. 2020 lawsuit against Ripple Labs.

There are many vast institutional conglomerates that rely on the SEC to do business and won’t invest in something the agency is suing. Only time will tell how many of them are waiting on the government with their eye on Ripple prices.

Patrick Bet-David of the “Valuetainment” YouTube podcast recently said that if the lawsuit is dropped, it will have a big impact on XRP prices going forward.

3. Coinbase Launches CFTC-Regulated XRP Futures

Furthermore, the Nasdaq-listed US crypto exchange Coinbase just launched a CFTC-regulated XRP futures product in April.

This could be a test for demand for XRP from cautious institutional investors and a potential leading indicator for new price support when things with the SEC are finally settled, pat and dry.

But it may be a big hit with leverage traders who find crypto’s volatile markets, with their frequent big double-digit daily swings, not exciting enough without multiplying the risk-reward factor.

Coinbase announced the new feature on X on Apr. 3 and rolled it out on Apr. 21.

Coinbase Derivatives, LLC now offers CFTC-regulated futures for $XRP. https://t.co/omSNu0aEoC

— Coinbase Institutional ️ (@CoinbaseInsto) April 21, 2025

4. Whales Are Buying The XRP Dip in April

“Whales are taking over!” Brett Crypto X tweeted on Apr. 21 to some 90K followers.

Whales are taking over!$XRP trading volume just exceeded 20 million in a single minute.
You see this? This is real utility. pic.twitter.com/YofRSjdRGW

— Brett (@Brett_Crypto_X) April 21, 2025

The last time Brett Crypto X warned about XRP was in the middle of a strong upward trend channel that lasted for months until the financial industry took a haircut, starting in February, over trade jitters.

In one of the threads, a replier begged Crypto X to tell them what blockchain updates software gives them that Star Trek-looking market cap monitor.

Crypto whales have an affinity for trading Ripple and are supporting XRP prices in April. Addresses between 10 million and 100 million XRP moved in April to make up about 1% more of the total share of circulating tokens.

Whale support means greater scarcity and higher exchange prices for a token economy, but add to its risk of future volatility if whales sell.

However, many whales on the blockchain are likely conscious of its economy and other peers and seem to follow Satoshi Nakamoto’s example by waiting months or even years to trade such substantial amounts.

5. Ripple Daily Active Addresses Surge

$XRP network activity jumped 67.50%, with active addresses rising from 27,352 to 40,366! pic.twitter.com/fDiERMIYiz

— Ali (@ali_charts) April 21, 2025

Ripple also saw its daily active addresses surge 67% from 27K to 40K over ten days in mid-April. That’s a more fundamental analysis of the tension against the market valuation of the most recent crypto rally.

Meanwhile, the XRP price chart exhibited an inverse head and shoulders pattern, usually a bullish formation indicating the beginning of a rally in the asset’s price.

The combination of fundamental/market decoupling and bullish technical indicators signals that XRP prices in the last week of April may be hiding bigger green candles.