Latest news with #HarunOzalp
Forbes
09-05-2025
- Business
- Forbes
Up 65% Why Is ETH Price On Fire?
ANKARA, TURKIYE - MARCH 07: In this photo illustration, the 'Ethereum' logo is displayed on a mobile ... More phone screen in front of a computer screen displaying the 'XRP Ripple' logo in Ankara, Turkiye on March 07, 2025. (Photo by Harun Ozalp/Anadolu via Getty Images) Have you seen what's happening with Ethereum lately? This crypto has been on fire! In just one month, it's shot up a whopping 65%, climbing from around $1,400 in early April to over $2,300 now. A couple of big things are pushing Ethereum's price through the roof. For starters, the whole crypto market is having a moment – XRP has risen nearly 40% in a month to $2.30. See – XRP Price To $5? And, Bitcoin's back above $100K too! Here's what's going on: That new U.S.-UK trade deal has everyone feeling pretty positive about the economy. Sure, there's still that 10% base tariff on most stuff, but they made exceptions for steel and aluminum. It's like the big economic players are showing they can still play nice together when they want to. This good mood has spilled over into crypto markets, giving investors more confidence to jump in. The real game-changer for Ethereum specifically? They just rolled out an upgrade called Pectra, and it's actually solving some real problems. Ethereum has always been awesome for its smart contracts, but using it could get slow and expensive. The Pectra upgrade basically: These improvements address some of Ethereum's biggest challenges head-on, making the platform significantly more practical and efficient for everyday use. This surge isn't just random crypto craziness – there's actual substance behind it. Ethereum is getting better at what it does, which means more developers and companies can build useful stuff on it without breaking the bank. While crypto prices will always bounce around (that's just part of the game), Ethereum's recent improvements show it's not just about speculation anymore. People are building real things on this platform – from finance apps to supply chain solutions. The tech is getting better, more people are using it, and the overall market mood is positive. If Ethereum keeps solving its technical challenges while the global economy stays stable, we might be looking at just the beginning of something bigger. Just remember – crypto's still a wild ride, and as a long-term investment option, you can explore the Trefis High Quality (HQ) Portfolio, which is rooted in quality that seeks reliability, predictability, and compounding growth. With a collection of 30 stocks, it has a track record of comfortably outperforming the S&P 500 over the last four-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.
Forbes
15-04-2025
- Business
- Forbes
XRP Price Is Up 20%: What's Next?
ANKARA, TURKIYE - MARCH 07: In this photo illustration, the 'XRP Ripple' logo is displayed on a ... More mobile phone screen in front of a computer screen displaying the 'Cardano Ada' logo in Ankara, Turkiye on March 07, 2025. (Photo by Harun Ozalp/Anadolu via Getty Images) Ripple's XRP has recently seen a sharp price surge, rising over 20% from $1.75 mid-last week to around $2.15. This rally was driven by a broader recovery in equity markets following the Trump administration's temporary halt on tariffs and Ripple's strategic acquisition of Hidden Road. The acquisition represents a major step for Ripple, as Hidden Road operates a prime brokerage and credit network with over 300 institutional clients, clearing more than $10 billion and processing over 50 million transactions daily using traditional financial infrastructure. This opens up a notable opportunity for these transactions to potentially transition to the XRP Ledger, boosting XRP's utility and demand. Even with this recent upswing, XRP still trades about 30% below its January high of $3.30, largely due to ongoing macroeconomic uncertainties. Still, Ripple's core fundamentals have improved significantly this year. A pivotal moment was the announcement by Ripple's CEO that the SEC is expected to drop its appeal against the company, effectively ending a four-year legal dispute that had cast regulatory uncertainty over XRP. Looking forward, XRP remains a potentially strong long-term play in the cryptocurrency space. Ripple's blockchain-based payment network leverages XRP for fast and cost-effective global transfers, strengthening its foothold in the international payments ecosystem. The anticipated approval of XRP ETFs could further open doors to both institutional and retail investors. Ripple is also actively growing its partner network, most recently through a collaboration with Chipper Cash. Still, the most transformative growth driver would be the integration of XRP with major U.S. banks, which could significantly enhance its adoption and real-world use. Overall, with improved fundamentals, expanding institutional ties, and evolving technology, XRP appears well-positioned for long-term growth despite the inherent volatility of the crypto market. Keep in mind that cryptocurrencies are high-risk investments, and their potential for gains depends on the achievement of specific milestones, making them inherently speculative. If the volatility of digital assets concerns you, check out the Trefis High Quality Portfolio, featuring 30 stocks that have consistently outperformed the S&P 500 over the last four years. Why? These stocks, as a group, delivered stronger returns with lower volatility versus the benchmark, offering a smoother ride—as reflected in HQ Portfolio performance metrics. Invest with Trefis Market Beating Portfolios | Rules-Based Wealth
