hodler

24 Apr 2026, 13:00

XRP Sends Bullish On-Chain Signal Despite Weak Price Action

XRP is showing signs of on-chain stabilization despite trading below the average holder cost basis, according to data by Alphractal. The data points to a market still under pressure, but one where network activity, exchange supply and leverage conditions do not resemble a panic-driven breakdown. Alphractal’s asset overview places XRP’s spot price at $1.4343, below its realized price of $1.4862. That gap matters because realized price reflects the average on-chain acquisition cost across circulating XRP. With spot price below that level, the average holder is sitting on an unrealized loss. XRP On-Chain Data Points To Stabilization The firm’s AI analysis framed the setup through XRP’s MVRV ratio, which stands at 0.9613. “An MVRV below 1.0 means the market is valuing XRP below aggregate cost basis,” the analysis stated. “Historically, this zone reflects late bear-phase or deep consolidation conditions, not euphoric pricing.” That conclusion is reinforced by XRP’s NUPL reading, which sits at -0.0402 and places the asset in a “Fear” state. Net unrealized profit/loss slightly below zero suggests the network is marginally underwater, a zone where weaker holders may exit but longer-term accumulation often begins to appear. Alphractal described it as “a psychologically fragile zone,” but not yet a capitulation regime. Related Reading: 4-Figure XRP: How High Will The Price Be If Ripple Captures 50% Of SWIFT? The supply picture is also notable. XRP’s market capitalization stands at $88.33 billion, ranking it fourth among crypto assets in the dataset, with 61.57 billion XRP in circulating supply. Exchange reserves amount to 3.68 billion XRP, or $5.27 billion, equal to roughly 6% of circulating supply. For a top-five asset, that is structurally low. It suggests that a large share of XRP remains outside immediate trading venues, reducing available sell-side liquidity. Exchange reserves did rise 2.3% over seven days, indicating some short-term liquidity returning to exchanges, but Alphractal said the move is “not enough to suggest distribution dominance.” The strongest part of the report is network usage. Active addresses reached 48,946, rising 17.7% over one day and 40.8% over seven days. Daily transaction count stood at 2.81 million, while adjusted transaction value reached $29.58 billion per day. “XRP is showing a strong rebound in address activity, while transaction count and value are both rising weekly,” the analysis said. “This divergence — rising participation without aggressive price appreciation — typically reflects organic network usage rather than speculative churn.” Valuation and network-efficiency metrics also point to a market that is under pressure but not structurally broken. Alphractal described XRP’s NVT ratio as elevated but stabilizing, token velocity as moderate and VANV as neutral. In the firm’s reading, valuation relative to transferred value is not overheated, while velocity has not collapsed. Related Reading: XRP ETFs Post Longest Back-To-Back Gains Of 2026—Key Numbers Inside Derivatives positioning appears similarly contained. XRP open interest stands at $1.49 billion, equal to 1.69% of market cap. The long/short ratio is 2.34, while top trader sentiment is 2.05. Although positioning is tilted long, 24-hour liquidations are only $870,000, suggesting price action is not currently being driven by a broad leverage flush. Whale activity is less constructive. The whale-versus-retail delta is -0.81, indicating retail participation is exceeding whale aggression. Alphractal interpreted this as a sign that whales are not accumulating aggressively, though the data also does not point to heavy distribution. That supports the broader picture of range-bound accumulation rather than a decisive trend shift. The main constraint remains capital inflow. Alphractal’s Delta Growth Rate on a 365-day moving-average basis stands at -111.7, which the analysis said confirms weak new capital inflows over the past year. XRP, in this reading, is still being supported more by existing holders than fresh demand. The overall picture is therefore not one of full bullish confirmation. It is more specific: XRP is trading below cost basis, sentiment remains fearful and growth metrics are weak, but exchange supply is tight, leverage is controlled and network activity is recovering. At press time, XRP traded at $1.43. Featured image created with DALL.E, chart from TradingView.com

24 Apr 2026, 13:00

Qubic Launches Dogecoin Mining Phase 3: What It Means For DOGE

Qubic says it has fully transitioned into its Dogecoin-focused mining architecture, marking the start of “Phase 3” and removing Monero (XMR) from its operational stack. The shift consolidates resources into a dual-track system that simultaneously mines Dogecoin (DOGE) and trains its internal AI framework, Aigarth. Qubic Fully Shifts From Monero To Dogecoin The change, announced via X, represents a structural pivot rather than an incremental upgrade. “Phase 3 is live. Qubic has completed the Dogecoin mining migration. XMR is out. The new architecture is in full effect,” the team wrote, outlining a system where ASICs are dedicated entirely to DOGE mining, while CPUs and GPUs are fully allocated to AI training. Phase 3 is live. Qubic has completed the Dogecoin mining migration. XMR is out. The new architecture is in full effect: ASICs → mining DOGE at 100% CPUs/GPUs → training Aigarth at 100% No more alternating. No more compromises. Both workstreams running simultaneously… pic.twitter.com/XaRJXb3AwY — Qubic (@_Qubic_) April 23, 2026 Previously, Qubic’s architecture required alternating compute resources between mining and AI workloads. That constraint has now been removed. “No more alternating. No more compromises. Both workstreams running simultaneously at full capacity, for the first time ever,” the team said, framing the upgrade as a step toward full resource utilization. Central to the model is a circular capital mechanism. According to Qubic, “DOGE mined → sold → QU bought back → distributed to computors. The flywheel is spinning.” The design effectively routes mining output into continuous buy pressure for QU, Qubic’s native unit, while maintaining ongoing DOGE production. Alongside the architectural rollout, Qubic published initial performance data from Day 1 of Phase 3. Using a sample based on the DG1+ ASIC at 13 GH/s, the team compared returns between its system and traditional mining pools. “Mining DOGE via Qubic → 10,314,425 Qu’s → $7.94/day. Mining DOGE on traditional pools → 62.31 DOGE → $6.02/day. That’s +$1.92/day. ~32% more profit. Same hardware. Same effort. Completely different outcome.” The Doge Mining, Phase 3, Day 1 numbers are in. Real sample. qMine’s DG1+ ASIC. 13 GH/s. Mining DOGE via Qubic→ 10,314,425 Qu’s → $7.94/day Mining DOGE on traditional pools→ 62.31 DOGE → $6.02/day That’s +$1.92/day. ~32% more profit. Same hardware. Same effort.… pic.twitter.com/1MWOaDdi36 — Qubic (@_Qubic_) April 23, 2026 For Dogecoin itself, the cleanest reading is that Qubic has become a real, but still relatively small, mining participant. A roughly 0.086% hashrate share (2.1 TH/s vs. 2.44 PH/s) is not enough to reshape network security, block production, or DOGE sell pressure on its own. What it does show is that the migration is no longer theoretical: Qubic has live Scrypt hash on the network, and its model is now exposed to the same test that matters for every miner, whether it can scale. That makes the next phase less about launch rhetoric and more about trajectory. If Qubic’s DOGE hashrate keeps climbing from here, the story will shift from whether the network entered Dogecoin mining to how quickly it can turn an early foothold into something material for DOGE’s mining landscape. Before the Dogecoin pivot, Qubic used XMR mining as a live proof-of-concept for its Useful Proof of Work model, showing that network compute could be redirected into external mining and then recycled back into the Qubic economy. Over that run, the project said it climbed as high as 45% of Monero’s global hashrate in one epoch, found 3,496 Monero blocks, and at one stage even carried out a public 51% takeover demonstration. At press time, DOGE traded at $0.09791.

24 Apr 2026, 13:00

13 Best AI Crypto Trading Bots in 2026 for AI-Powered BTC, ETH, and SOL Trading

AI crypto trading bots are becoming a defining force in the digital asset market in 2026. As more traders look for smarter ways to trade BTC, ETH, and SOL, AI-powered platforms are also expanding support for other major cryptocurrencies such as XRP, DOGE, and LTC. Instead of relying solely on manual execution, users now have Continue reading "13 Best AI Crypto Trading Bots in 2026 for AI-Powered BTC, ETH, and SOL Trading"

24 Apr 2026, 13:00

Spot Bitcoin ETFs Extend Streak With $2B Inflows, BTC Steady

The ETFs also attracted $223.2 million on Thursday alone. BlackRock’s IBIT led daily inflows, while several other issuers also posted gains. Bitcoin has risen around 10% over the past 30 days, although it is still far below its October 2025 all-time high of $126,000. Bitcoin ETFs See 8-Day Inflow Streak US spot Bitcoin exchange-traded funds (ETFs) extended their total net inflow streak to eight consecutive days and attracted more than $2 billion over that period. On Thursday alone, the funds recorded $223.2 million in net inflows . Bitcoin ETF flows (Source: Farside Investors) BlackRock’s IBIT led the latest round of inflows after bringing in $167.5 million, while products from Ark Invest/21Shares, Morgan Stanley, and Grayscale also posted positive daily flows. Some issuers saw modest outflows, with Fidelity, Bitwise, and VanEck funds collectively losing around $30 million, but overall sentiment across the ETF market was firmly positive. Market analysts suggest the recent capital rotation is due to confidence among larger investors, who appear to view Bitcoin’s post-2025 correction as an accumulation opportunity rather than a sign of weakness. The resilience of inflows, even after earlier outflows in 2026, points to Bitcoin being treated as a strategic portfolio asset rather than a short-term speculative trade. Ethereum ETFs have also seen improving demand in recent sessions, and even recorded ten straight days of inflows before experiencing $76 million in net outflows on the latest trading day. Bitcoin’s price stayed constructive alongside the ETF demand. Over the past 30 days, BTC has risen around 10%, although it is still well below its October 2025 all-time high of approximately $126,000. Bitcoin dominance has also climbed above 60% for the first time this year. BTC’s price action over the past 24 hours (Source: CoinCodex) Over the past 24 hours , Bitcoin traded in a volatile but controlled range. At press time, BTC was trading hands at $74,005, down 0.40% on the day. Price action moved between roughly $77,300 and $78,600. Despite short-term fluctuations, the recovery into the close suggests buyers are still very active on dips, which helps Bitcoin maintain its support along with institutional inflows.

24 Apr 2026, 12:55

Bitcoin To $500K By 2029? Veteran Chartist Peter Brandt Lays Out The Exact Explosive Path

If Bitcoin continues to follow its remarkably consistent cyclical pattern, the next major investable low could form around September–October 2026.

24 Apr 2026, 12:55

Hyperliquid Price to Hold Key Support as Whale Longs Expand

Hyperliquid price could record a short pullback of over 10% to seek support from the bottom trendline of channel pattern. Hyperliquid’s Long/short positioning metrics indicate a consistent rise in net-long bias since late February. The daily exponential moving averages (20, 50, 100, and 200) acts as dynamic support for HYPE buyers amid current market uncertainty. HYPE, the native cryptocurrency of the decentralized exchange (DEX), Hyperliquid, is down 1.4% ahead of Friday’s U.S. market hours to trade at $40.8. The downtick aligns with a broader pullback in the altcoin market as Bitcoin shows cautious consolidation phase around the $78,000 mark. Despite the slowdown in recovery momentum, the larger investors are steadily building a long position in HYPE-linked perpetual contracts, projecting their conviction in a potential breakout in Hyperliquid price. Rising Crude Oil Prices Drive Weekend Activity on HYPE Markets Since last week, the cryptocurrency market has witnessed a notable recovery, which pushed Bitcoin price above the $78,000 mark. The buying pressure followed de-escalating geopolitical tension in the middle east as the U.S.,Iran and Israel agreed on a ceasefire, which was recently extended by president Donald Trump to complete further negotiations. However, the ongoing diplomatic friction has kept the Strait of Hormuz closed, deepening the global energy crisis and pushing crude oil prices back above $100 per barrel. As the weekend approaches the volatility in crude oil could significantly benefit Hyperliquid price. As the platform offers users to trade crude oil perpetual futures (CL-USDC) 24/7 on-chain, the trading volume on Hyperliquid often witnessed a significant increase during Saturday and Sunday, boasting its fee-based buybacks mechanism. As Bitcoin price is approaching a potential breakout, the large traders on Hyperliquid’s perpetual markets are taking on aggressive long positions. According to glassnode data , Long/short bias data indicates a gradual increase in net-long positions since late February, with notable spikes in order size coinciding with efforts to break above resistance. This buildup has been steady rather than sudden, suggesting a sustainable positioning rather than short-term approach. Such periods of consolidation with ongoing long build-ups, has often triggered a decisive upswing. Although there have been occasional retracements, net positioning has remained positive, reflecting a steady build-up of risk exposure among capital-intensive derivatives traders over the past few days. Hyperliquid Price Maintain Steady Uptrend Amid Channel Pattern Since last week, the Hyperliquid price has witnessed a brief pullback from $45.45 to current trading value of $40.7, registering a loss of 10.5%. If the selling pressure persists, the coin price could plunge another 12% before it seeks bullish support at the bottom trendline of a channel pattern at $36. Since late-january 2026, the channel pattern has provided a dynamic support and resistance to HYPE traders, maintaining a steady recovery trend. In addition, the Hyperliquid HYPE -0.24% price is currently positioned above the 20-50-100-and-200-day exponential moving average, indicating broader sentiment remains bullish and the path to least resistance is up. Thus, the Hyperliquid price holds a higher possibility of a bullish rebound which may drive its next recovery leap to $50. HYPE/USDT -1d Chart On the contrary, if sellers breach the bottom support of the channel with daily candle closing, the selling pressure would accelerate and drag HYPE price to $28.5.