A new study finds that most crypto protocols generate revenue but fail to 
disclose key investor information. Critical gaps include market maker 
agreements and structured investor communication. Key Takeaways Novora found 
91% of 150+ crypto protocols generate revenue, but disclosure remains limited.

Less Than 1% of Crypto Projects Disclose Market Maker Deals

XRP has reclaimed key price levels and is now testing resistance as the market 
builds toward what looks like a decisive move. The price is accelerating — 
from $1.41 at the time of the data snapshot to past $1.45 shortly after — and 
the momentum is drawing attention. But an XWIN Research Japan analysis is 
arguing that the force behind this move is different from what has driven XRP 
rallies in the past, and that difference is worth understanding. Related 
Reading: XRP Volatility Just Hit A Multi-Year Low – Analysts Explain Something 
Is About To Change The report identifies what it describes as a rare 
structural divergence. In most crypto markets, exchange speculation dominates. 
Trading volumes on centralized exchanges typically run 10x, 20x, sometimes 50x 
higher than actual on-chain utility. The assumption baked into most crypto 
price analysis is that speculation is the engine and real use is the 
passenger. For XRP, that ratio has compressed to 1.75. On-chain settlement 
volume stands at 291 million XRP. Aggregate speculative volume sits at 510 
million. The gap between the casino and the infrastructure has nearly 
disappeared. And in the context of how crypto markets normally operate, that 
is genuinely unusual. What it suggests is that the price is not being pushed 
by traders chasing momentum. It is being pulled by adoption. The network is 
being used at a scale that is nearly matching the volume being traded around 
it — and according to the analysis, that changes everything about what the 
current price level means. The Network Is Active. The Exchanges Are Nearly 
Empty The supporting data behind the speculation-to-utility ratio removes any 
ambiguity about what is driving the current XRP move. Active addresses on the 
XRP Ledger reached 17,329 in the past 24 hours — a reading that broke above 
the weekly average and confirms that network participation is genuinely 
expanding, not just speculative volume inflating the numbers. Real accounts 
are conducting real transactions. Then there is the Binance inflow figure, 
which is the most striking data point in the entire report. While 291 million 
XRP settled on the blockchain — institutional remittances, OTC transactions, 
custody movements — only 1.36 million XRP entered Binance. In markets where 
exchange inflow typically tracks or exceeds on-chain activity, this ratio now 
almost inverts. The overwhelming majority of XRP moving through the network is 
going nowhere near the sell side. Related Reading: Ethereum Buyers Dominate 
Like It’s 2021 – Find Out What Happens Next That is the supply shock the 
analysis has been building toward. When coins are being used for legitimate 
settlement and custody rather than deposited on exchanges to be sold, the 
available liquid supply tightens with every transaction. Selling pressure 
cannot come from coins that never arrive at exchanges. The report&#8217;s conclusion 
is direct: at $1.41, the price has not yet caught up to what the on-chain data 
is describing. The adjustment, it argues, is still in its early stages — and 
the network is already doing the work that makes it inevitable. XRP Stabilizes 
Below Key Resistance XRP’s higher-timeframe structure shows a market still in 
a corrective phase, but beginning to stabilize after an extended decline. 
Following the mid-2025 peak above $3.50, the price entered a sustained 
downtrend defined by consistent lower highs and a breakdown below the 100-day 
and 200-day moving averages. That trend accelerated into early 2026, 
culminating in a sharp selloff that briefly pushed XRP toward the $1.20 
region, accompanied by a spike in volume that suggests capitulation. Since 
then, the price has shifted into a consolidation range between roughly $1.30 
and $1.50. This range is forming just below the 200-day moving average, which 
continues to slope downward and acts as a key macro resistance level. The 
50-day moving average has flattened and is beginning to curl upward, 
reflecting improving short-term momentum, but without yet confirming a 
structural reversal. Related Reading: Bitcoin Miners Are Choosing To Hold At 
$74K: Changing The Supply Picture Volume has declined steadily following the 
capitulation event, indicating reduced participation and a market in wait-and- 
see mode. The repeated defense of the $1.30 area points to emerging demand, 
while the inability to break above $1.50 highlights persistent overhead 
supply. This compression typically precedes expansion. A confirmed break above 
$1.50–$1.60 would signal a shift toward recovery, while a loss of $1.30 would 
likely resume the broader downtrend. Featured image from ChatGPT, chart from 
TradingView.com

XRP Just Settled $291 Million On-Chain, Almost Nothing Hit Binance: Find Out What’s Happening

The interception raises geopolitical tensions, impacting market stability and 
highlighting the strategic importance of the Strait of Hormuz.
The post US destroyers intercept Iranian tankers in Strait of Hormuz appeared 
first on Crypto Briefing.

US destroyers intercept Iranian tankers in Strait of Hormuz

Trump&#8217;s threat impacts market dynamics, highlighting geopolitical tensions and 
uncertainty in achieving long-term US-Iran peace stability.
The post Trump threatens airstrikes if US-Iran ceasefire deal not reached by 
April 21 appeared first on Crypto Briefing.

Trump threatens airstrikes if US-Iran ceasefire deal not reached by April 21

Rising tensions over Hormuz could destabilize regional trade and security, 
impacting global markets and diplomatic relations significantly.
The post Iran&#8217;s Ghalibaf dismisses Trump&#8217;s claims, tensions rise over Hormuz 
blockade appeared first on Crypto Briefing.

Cryptocurrency price in ZAR