Trump-Backed World Liberty Plans $1.5B Nasdaq Debut to Boost WLFI Token

The long-running Ripple vs. SEC lawsuit has finally concluded, removing a significant overhang for XRP and reigniting investor interest. On August 8, 2025, the SEC officially ended the lawsuit, with Ripple agreeing to pay a $125 million penalty and abiding by an injunction that restricts unregistered institutional sales of XRP. This development marks a pivotal moment for XRP, offering much-needed regulatory clarity after years of uncertainty.

XRP Price Reaction and Technical Outlook

In the immediate aftermath of the announcement, the XRP price surged sharply, reflecting renewed optimism among traders and investors. This bullish momentum propelled XRP beyond key moving averages, signalling a potential trend reversal from the prolonged bearish pressure.

TL;DR

ADA Price Moves Higher After Technical Breakout

Cardano (ADA) has moved up in recent sessions, trading around $0.80 after gaining 8% over the last 24 hours and over 10% in the past week. The latest price action follows a breakout from a falling wedge pattern that’s been forming since late July.

$ADA (Cardano) looks to be set for another +52% increase from here back to the $1.20+ levels based on similar previous breakouts and results!

This could all be part of a much larger run to the $2.90s which is currently over +261% away… https://t.co/ygSODks9g3 pic.twitter.com/4zOXQPK3h7

— JAVONMARKS (@JavonTM1) August 8, 2025

Crypto analyst Javon Marks pointed to a repeating setup seen in past ADA cycles. Each time the same pattern appeared, the cryptocurrencyfollowedwith a strong upward move.

Based on those examples, Marks expects the price to climb back toward $1.20, a gain of over 50% from current levels. He also suggested the rally could extend further, with a long-term target of $2.90, which would represent a rise of more than 260%.Key Levels Hold as Buyers Step In

Analyst BitMonty also confirmed the breakout, saying ADA held its buy zone between $0.68 and $0.61. This range served as support and matched key retracement levels used by many traders. Once ADA found a base, buyers pushed the price higher and broke through wedge resistance.

With the breakout in place, BitMonty marked three near-term levels to watch: $0.99, $1.10, and $1.20. The chart shows ADA moving in that direction, and volume has stayed elevated as price pushes forward.Support and Resistance Areas in Focus

According to our weekendanalysis, ADA’s the current support levels are around $0.64 and $0.70. If price holds above those points, bulls may continue to push toward resistance at $0.90. These areas are being watched closely as traders gauge momentum.

Daily trading volume reached $1.71 billion, showing that interest has returned to ADA in the short term. The recent breakout remains valid while the price stays above previous resistance levels.Sentiment Split Between Crowd and Models

Market Prophit reported a split in sentiment. The crowd remains bullish on ADA, while the platform’s internal model has flipped bearish. This type of divergence is not uncommon after a breakout and can reflect early uncertainty in trend strength.

In a separate discussion, the SNEK meme coin community has continued its push for recognition. Contributor Rami said in a recent post that SNEK will continue to bring adoption to Cardano. The comment comes amid a broader debate involving Cardano founder Charles Hoskinson and members of the SNEK community.

Pi Network may have built one of the largest communities in crypto, with tens of millions of users worldwide, but its journey to mainstream recognition is far from smooth. Despite its massive following and growing brand value, Pi Coin has yet to secure a spot on major exchanges like Binance or Coinbase. 

Crypto analyst Mr Spock points to one major roadblock: the project is still far from being fully decentralized. 

Adding to the challenge, market sentiment around Pi has soured in recent months, with the coin stuck in a “bleeding phase” since mid-2025, weighed down by heavy selling pressure, shrinking trading volumes, and waning investor confidence.

Centralized Control Remains the Core Hurdle

While Pi markets itself as a community-driven project, major protocol decisions, from upgrades to developer rules, are still firmly in the hands of the Pi Core Team. This centralization contradicts the image of an open, decentralized ecosystem. Instead of guiding the project through its transitional phase, the Core Team often operates as if Pi has already achieved decentralization, leaving the community to fill in the gaps.

Still Stuck Between Testnet and Full Mainnet

Despite entering what’s called the “Open Network” phase, most blockchain activity is still running on Testnet, not Mainnet. Only a small fraction of Pi node operators are live on Mainnet, meaning decentralization exists more in theory than in practice. Key parts of the ecosystem, including referral rewards, validator payouts, and early participation bonuses, remain locked, visible in user accounts but unavailable for use. This delay risks weakening trust and developer interest.

Leadership, Not Distance, Is Needed Now

Mr Spock stresses that the Pi Core Team must accept its role as an active leader until the network reaches full decentralization. Bitcoin’s Satoshi Nakamoto could step away only after the network was self-sustaining, but Pi is not there yet. 

To move forward, the Core Team must boost transparency, release overdue rewards, provide consistent updates, and ensure the ecosystem is fully ready for decentralization.

On the Flip Side..

Not everyone agrees with Mr Spock’s call for more openness. Crypto commentator Engr. King argued that transparency is not always essential, pointing to Bitcoin’s early days when Satoshi stayed silent. In his view, investors should accept the 50-50 risks that come with early-stage crypto projects. 

But Mr Spock countered that the comparison is not correct. Bitcoin is fully decentralized, with miners receiving rewards instantly and without approval. Pi, on the other hand, keeps mined coins locked even after KYC, releasing them only when the Core Team decides, a clear sign of centralized control.

FAQs

Pi Coin remains unlisted on major exchanges due to its lack of full decentralization, with the Pi Core Team still controlling protocol upgrades and reward distributions.

No – Despite its “Open Network” phase, most activity runs on Testnet, node operators are limited, and the Pi Core Team retains control over locked rewards and key decisions.

Analysts urge the Core Team to boost transparency, unlock overdue rewards, and fully transition to Mainnet before claiming true decentralization.

The AMA will cover Points Season 2, the new Noble AppLayer, and live questions with the CEO. AMAs can boost trust if the team shares good news or strong future plans. If they announce features or give clarity that excites investors, the price of USDN could rise. If answers lack detail or news is weak, this moment may have little price change. The Noble Dollar’s community and interested traders will listen closely for insights about direction and rewards. For event details, visit the AMA announcement here.

GALA will update VEXI Villages with new achievements, events, and store changes. They are also adding VEXI style Spider Tanks and launching special packs. These updates could grow interest in the game, which can bring more players and spending. If the new features are liked by players, this could help GALA prices move up as more coins are bought and used. However, if the changes are seen as small or not helpful, price impact may not be strong. More are waiting to see details. Read more on the update here.

This event will share updates about development, sBTC, and incentive ideas for Stacks and Stack. Townhalls can move prices if new plans or strong upgrades are shared. If they reveal progress on sBTC or more rewards for users, it could attract traders and investors. But if news is only routine or small changes, price movement could be very little. People who like Stacks will watch closely for any unexpected news, and price may move fast during or after the event, based on the updates given. See the full post from Stacks here.