Crypto & Blockchain Daily Brief Friday, July 25, 2025

Despite a 3% drop in daily trading, the price of Cardano's ADA cryptocurrency remains steady at $0.80. The drop in price is attributed to the overall market trend, as Bitcoin and other major cryptocurrencies also experienced a slight decrease in value. The trading volume for ADA has dropped by 10% in the past 24 hours, indicating a decrease in market activity. However, despite these fluctuations, ADA has managed to hold its value at $0.80, which is seen as a positive sign for the cryptocurrency. On the technical side, Cardano's ADA is currently facing resistance near the $0.8200 level. If it manages to break above this resistance, it could pave the way for a fresh increase in price. Conversely, if ADA fails to surpass the $0.8200 resistance level, it may experience a downward correction towards the $0.7800 support level. Overall, the current market conditions suggest that ADA is in a consolidation phase, with traders closely monitoring its price movements for potential buying or selling opportunities. The stability of ADA at $0.80 despite the daily drop indicates resilience in the face of market fluctuations. As the cryptocurrency market continues to evolve, Cardano's ADA is expected to remain a key player, with its technical indicators and market sentiment closely watched by investors and traders.

After reaching an all-time high of $788, the price of Binance Coin (BNB) retreated to $763. Despite this slight decrease, BNB remains one of the top-performing cryptocurrencies in the market. The digital asset has shown resilience throughout recent market fluctuations, maintaining an upward trajectory overall. Technical analysis indicates that BNB's price movement has been influenced by various factors. The Relative Strength Index (RSI) suggests that BNB may be overbought, potentially leading to a correction in its price. Additionally, the Moving Average Convergence Divergence (MACD) indicator shows a bearish crossover, indicating a possible downturn in BNB's price. Despite these indicators, BNB's overall bullish trend remains intact. The cryptocurrency has been supported by strong market demand and positive sentiment surrounding the Binance ecosystem. BNB's utility within the Binance platform, including discounts on trading fees and participation in token sales, has contributed to its growing adoption and value. Investors and traders are advised to monitor BNB's price movements closely and consider factors such as market sentiment, technical indicators, and fundamental developments within the Binance ecosystem. While short-term corrections are possible, BNB's long-term outlook remains positive due to its strong utility and growing adoption within the cryptocurrency market.

Ripple CEO Brad Garlinghouse has issued a public warning about a prevalent scam on YouTube that involves impersonating him and other Ripple executives to trick viewers into sending XRP. The scam typically involves creating fake profiles that appear to be linked to Ripple or its executives and promoting a fake giveaway that promises to double the amount of XRP sent to a specific wallet address. Garlinghouse emphasizes that Ripple does not engage in such activities and urges viewers to be cautious and vigilant. The scammers often use tactics such as manipulating comments on videos, buying ad space on YouTube, and creating fake accounts that look legitimate to deceive viewers. Garlinghouse highlights the need for platforms like YouTube to take responsibility for preventing these scams from proliferating and calls for greater accountability and action to protect users from falling victim to fraudulent schemes. In response to this issue, Ripple has reportedly partnered with some social media platforms to address the problem of fake accounts and scams. Garlinghouse stresses the importance of users being informed and wary of such scams, urging them to report any suspicious activity and protect themselves from potential financial losses. Overall, Garlinghouse's warning serves as a cautionary reminder for individuals to exercise caution online, verify the authenticity of information and giveaways, and stay vigilant against fraudulent schemes that exploit the reputation of legitimate companies like Ripple.

Solana, a high-performance blockchain network, is planning a major upgrade in 2025 to increase its transaction capacity. The current capacity of Solana is around 65,000 transactions per second, which is already significantly higher than other blockchains such as Ethereum. However, with the upgrade, Solana aims to further increase its capacity to meet the growing demands of its users. The upgrade will involve increasing the number of validators on the network, which will help improve security and decentralization. Solana has been gaining popularity in the blockchain space due to its high throughput and low transaction fees. The network is known for its fast transaction speeds, which make it suitable for a wide range of decentralized applications. With the planned upgrade in 2025, Solana hopes to maintain its position as a leading blockchain network and continue to attract developers and users. The upgrade plans come at a time when the demand for blockchain technology is increasing, with more companies and individuals looking to utilize decentralized applications and digital assets. By increasing its transaction capacity, Solana aims to ensure that it can handle the growing number of transactions on its network without compromising on speed or security. Overall, the upgrade is seen as a positive step for Solana as it looks to solidify its position in the competitive blockchain industry.

The article discusses the performance of three U.S.-based exchange-traded funds (ETFs) that track Ethereum's price over the past year. These ETFs have become popular among investors looking to gain exposure to Ethereum without directly owning the cryptocurrency. The three ETFs mentioned are Grayscale Ethereum Trust, Osprey Ethereum Trust, and Bitwise Ethereum Fund. Grayscale Ethereum Trust, the largest of the three, has seen significant growth in assets under management over the past year. Despite a dip in its premium over net asset value (NAV) earlier this year, the trust has since rebounded and continues to attract investor interest. Osprey Ethereum Trust and Bitwise Ethereum Fund have also experienced growth in assets under management, indicating a growing demand for Ethereum exposure through ETFs. The article notes that while these ETFs provide a convenient way for investors to access Ethereum, they also come with certain risks. For example, the price of these ETFs can be influenced by factors unrelated to Ethereum's performance, such as market sentiment or regulatory developments. Additionally, investors should be aware of the fees associated with these ETFs, which can impact their overall returns. Overall, the article highlights the increasing popularity of Ethereum ETFs in the U.S. market and provides an overview of the performance of the three ETFs over the past year. Investors interested in gaining exposure to Ethereum through ETFs should carefully consider the risks and fees associated with these investment products.