You Can Take a Stake in Elon's xAI Before June 1st...

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

XRP, Solana, Cardano Plunge Over 15% In 7 Days: Is A Rebound Coming?

Khyathi Dalal
April 09, 2025

Major altcoins like XRP (CRYPTO: XRP), Solana (CRYPTO: SOL) and Cardano (CRYPTO: ADA) are down more than 15% in the past seven days, tracking the broader crypto market selloff as Trump's aggressive tariffs continue to shake global risk sentiment.

CryptocurrencyPrice   Market Cap24-Hour Trend7-Day Trend
XRP (CRYPTO: XRP)$1.84$107.2 billion-2.%-15.6%
Solana (CRYPTO: SOL)$107.00$55.14 billion+0.9% -18.6% 
Cardano (CRYPTO: ADA)$0.5746$20.3 billion -2.3%  -17.4% 

Trader Notes: Crypto trader Alex RTB believes Solana won't rally until it dips closer to the $80 level, which he views as the safest accumulation zone.

While some traders are calling for even deeper downside ($20–$25), he stresses that $80 remains the sweet spot for long-term buyers.

Crypto chart analyst Ali Martinez pointed out a bullish divergence between XRP's price and its network fundamentals.

XRP recently hit an all-time high of 6.26 million wallets holding at least one token -- a clear sign that adoption continues to grow, even as price remains sluggish.

In another X post, Martinez spotted XRP key support levels sit at $1.67 and $1.39, while major resistance stands at $2.04 and $2.38.

Crypto trader Jesse Olson took a more sober stance on Cardano, noting that it's been 1,519 days since ADA hit its all-time high. His message: New highs are never guaranteed in crypto, no matter the narrative.

Statistics: IntoTheBlock data shows Cardano's large transaction volume down by 8.2%, though daily active addresses ticked up 0.2% in the last 24 hours, suggesting short-term engagement even as whales pull back.

Solana's total value locked is at $6.13 billion, according to DeFiLlama, to levels not seen since early November 2024.

Community News: In a bullish development for Solana, developers rolled out confidential balances via ZK-powered token extensions.

The announcement in a X post on Tuesday marks the first encrypted token standard built for institutional-grade privacy, without sacrificing Solana's signature sub-second finality.

It strengthens Solana's position in the privacy and compliance race, giving institutions the tools to shield sensitive data while still leveraging fast, transparent rails.

Read Next: 

  • Raoul Pal Says Crypto Market Nowhere Near COVID-19 ‘Peak Fear’

Image: Shutterstock

Popular

Levi Strauss agrees to sell Casual Friday staple Dockers for up to $391 million

NEW YORK (AP) — Levi Strauss is set to finally part ways with Dockers — inking a deal to sell its brand once credited with propelling the popularity of “Casual Fridays” to Authentic Brands Group.

Prosecutors seek 20-year prison term for founder of failed crypto platform Celsius Network

NEW YORK (AP) — The founder and former CEO of the failed cryptocurrency lending platform should face 20 years behind bars for lying and self-dealing that cost customers billions of dollars in losses, prosecutors told a judge Tuesday.

Powering Ai's Future? One Company Is Already Doing It - Ad

Massive compute demand is choking AI's growth. While others wait, this firm is building infrastructure now-with elite GPUs and long-term contracts.

India-Pakistan Ceasefire Teeters As Blasts Shatter Calm In Kashmir

Explosions in Kashmir just hours after a U.S.-brokered India-Pakistan ceasefire have cast doubt on the truce's stability.

Ford CEO welcomes relief on tariffs but says more work is needed on trade policies to spur growth

LOUISVILLE, Ky. (AP) — Ford Motor Company's top executive on Wednesday welcomed but said more work is needed to craft trade policies that spur growth in the U.S. auto industry.

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

Elon Musk Targets Fed's $2.5 Billion Headquarters Renovation As DOGE Scrutiny Of Central Bank Intensifies: 'That's An Eyebrow-Raiser'

Billionaire Elon Musk called for the Department of Government Efficiency to investigate the Federal Reserve's $2.5 billion headquarters renovation spending, escalating his scrutiny of the central bank as he prepares to reduce his role in the government efficiency initiative.

Mark Zuckerberg Overtakes Jeff Bezos To Become World's Second-Richest Person As Meta Stock Soars

Mark Zuckerberg has surpassed Jeff Bezos to become the world's second-richest person, with a net worth of $212 billion, following a surge in Meta's stock price.

How to Claim Your Stake in SpaceX with $500 - Ad

Every week Elon Musk is sending about 60 more satellites into orbit. Tech legend Jeff Brown believes he's building what will be the world's first global communications carrier. And when it goes public, you could cash out with the biggest payout of your life.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

Wolfspeed (WOLF) Shares Surge On Potential Short Squeeze Fueled by AI Infrastructure Optimism

Shares of Wolfspeed soared 10.6% on Thursday. The stock is gaining amid renewed investor enthusiasm for AI-related infrastructure spending.

Midwest carbon dioxide pipeline could face new hurdle as some Iowa lawmakers question eminent domain

DES MOINES, Iowa (AP) — A proposed pipeline that would traverse through several Midwestern states could face more hurdles in Iowa as a dozen Republican state senators try to force the issue to a vote.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Asian shares rise in subdued holiday trading, as US futures jump

TOKYO (AP) — Asian shares advanced Thursday, with many markets in the region closed for Labor Day holidays, after U.S. stocks stormed back from steep early losses to a seventh straight day of gains.

Stocks Fall On Trade Concerns, Oil And Gold Rally: What's Driving Markets Tuesday?

Wall Street edged lower by midday Tuesday as uncertainty surrounding trade policies lingered, with investors adopting a cautious approach ahead of Wednesday’s Federal Reserve meeting.

Have You Seen this Strange Elon Musk Device? - Ad

Tech legend Jeff Brown predicts this "space technology" will be Elon Musk's next trillion-dollar business, and it will make a lot of people rich. This could be the biggest internet innovation since the first web browser Netscape kicked off the internet boom in the late 1990s.

Tesla Stock Falls On European Sales Decline, Rising Competition: What's Going On?

Tesla Inc. (NASDAQ:TSLA) shares are trading lower Monday after industry data showed a drop in new car sales in Spain, which appears to be adding to concerns over European performance.

Hegseth keeps 2 aircraft carriers in Middle East for another week for battle with Yemen's Houthis

WASHINGTON (AP) — Defense Secretary has ordered the USS Harry S. Truman aircraft carrier to remain in the Middle East for a second time, keeping it there another week so the U.S. can maintain in the region to battle Yemen-based Houthi rebels, according to a U.S. official.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Florida lawmakers approve changes to condo safety law passed after Surfside collapse

TALLAHASSEE, Fla. (AP) — Florida lawmakers gave final approval Wednesday to a bill aimed at reforming a condominium safety law passed in 2022 in the wake of the partial collapse of Champlain Towers South, which in Surfside in June 2021.

Neurocrine Biosciences' Ingrezza Q1 Sales Prove Resilient, Analysts Boost Price Target

Neurocrine stock gains as Q1 EPS beats estimates; Ingrezza sales climb 8% YoY with record new patients and strong analyst price target hikes.

Trump's Crypto Blueprint Unveils This Infrastructure Powerhouse - Ad

One blockchain token sits at the heart of Washington's pro-crypto agenda. Institutions are loading up while it still trades at a discount. Here's how to get in for $3.

Long-haul carrier Emirates reports record annual profit of $5.2 billion

DUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates reported on Thursday that it earned annual profits of $5.2 billion, making it one of the world’s most-profitable airlines.

Buffett's Favorite Chart Just Hit 209% - Here's What That Means For Gold - Ad

Buffett's favorite market signal just hit its highest level in history-stocks are more overvalued than 1929. He's sitting on $325B in cash... and may be about to buy one overlooked gold miner. I've identified it-plus 4 others with up to 100X potential.

'Sell In May And Go Away?' Only In Bear Markets, One Expert Says

Historically, markets deliver weaker and more volatile returns during the May through October timeframe than any other time of the year.

Nasdaq-100 Leveraged ETF TQQQ Surges 5.5% As Tech Rally, Jobs Data Boost Risk Appetite

Shares of ProShares UltraPro QQQ ETF jumped 5.5% during Friday's session. TQQQ jumped following a stronger-than-expected April jobs report and robust corporate earnings.

You Can Take a Stake in Elon's xAI Before June 1st... - Ad

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

India and Pakistan don’t fight wars like other countries. Here’s why

ISLAMABAD, Pakistan (AP) — have fought three full-scale wars since they gained independence from British India in 1947. They’ve also had dozens of skirmishes and conflicts, including one atop a glacier dubbed the coldest and highest-altitude battlefield in the world.

Musk defends his work as he prepares to wind down at DOGE but gives hazy answers on future

WASHINGTON (AP) — , preparing to step back from his work leading the , had a request of the reporters gathered at the White House to interview him: Before he would answer any questions, he wanted someone to tell him a joke.

A Historic Gold Announcement Is About to Rock Wall Street - Ad

The greatest investor of all time is about to validate what Garrett Goggin has been saying for months: Gold is entering a once-in-a-generation mania. Front-running Buffett has never been more urgent - and four tiny miners could be your ticket to 100X gains.

Stocks Pause Gains As Treasury Yields Rise: What's Driving Markets Monday?

Wall Street kicked off the week with a cautious tone, as major stock indices hovered near the flatline by midday in New York. Investors digested fresh signs of inflationary pressure in the services sector, raising doubts about near-term rate cuts and weighing on risk appetite.

Senate confirms Bisignano to lead Social Security Administration as agency faces DOGE overhaul

WASHINGTON (AP) — Wall Street veteran Frank Bisignano was confirmed by the Senate on Tuesday to lead the , taking over at a turbulent time for the agency that provides benefits to more than 70 million Americans.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

These EV Makers Could Shine If Musk Leaves Tesla

Though Musk and Tesla have both denied the WSJ report, the broader EV market could become more competitive and diversified if Tesla loses its market dominance without Musk at the helm. 

Charlie Munger Says The Secret Is To 'Find Costcos, Not Good Exits,' Saying His Wealth Came From Relentless Holding And Not Slick Sell Signals

Legendary investor Charlie Munger advised to find durable, well-run businesses and hold them for decades, like Costco. His loyalty and simple investing philosophy still influence Berkshire Hathaway.

He Called Bitcoin to $100k... Now He Says This Coin Is Next - Ad

Juan Villaverde may be America's top crypto expert. According to Juan's timing model, we are entering what could be the biggest bull market in crypto's history. With America's first crypto president in office, it could be the biggest gains the market has ever seen. And one special coin could skyrocket.

Greece is helping parents with age gating, monitoring kids' screen time with a government app

ATHENS, Greece (AP) — In a country celebrated for its ancient wisdom, is offering a modern solution to a pressing household challenge: empowering parents to oversee their children’s online activity.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service