The cryptocurrency market remains stable, with no major increases or decreases
The cryptocurrency market remains stable, with no major increases or decreases, and its total capitalization remains at around $3,08 trillion. Bitcoin continues to stay in the $95-$000 range, and most altcoins are also moving sideways.
Solana was one of the worst performing crypto assets by market capitalization last week, losing as much as 14% and falling below its recent low of $170. The price pressure was driven by several factors, including the upcoming unlock of SOL tokens and the consequences of LIBRA memecoin fiasco. However, given that SOL’s current price is 85% below its all-time high of $295, Solana supporters may view the decline as an opportunity to “buy at the bottom” in anticipation of another rally.
In the coming week, investors' attention will once again focus on inflation data from the United States - the latest PCE (Personal Consumption Expenditures) data will be released on Friday. If the results are lower than expected, could provide a short-term boost to cryptocurrencies, while readings higher than expected may cause downward pressure.
On Tuesday, February 25, Denver, Colorado will host HederaCon 2025, the first major Hedera user conference since 2018. Any significant announcements made during the event could result in increased volatility in the HBAR price.
On Monday, “Pectra,” the latest update to Ethereum, is scheduled to be deployed on the Holesky testnet. Ethereum price has underperformed other cryptocurrencies in recent months, but a potential increase in investor confidence due to network upgrades could result in price movements for the native ETH token.
Most popular cryptocurrencies
Like the native token SOL, Solana-based memecoins like $BONK and $TRUMP, as well as tokens from Solana decentralized exchanges including $RAY, were among the worst-performing cryptocurrencies this week.
With prices of these assets testing key technical support levels and remaining 40% to 80% below their all-time highs, long-term investors in the Solana ecosystem are seeing the decline as an opportunity to add to their positions.
Metaplanet increases its Bitcoin supply, reaching 0,01% of total BTC supply
Japanese-listed company Metaplanet increased its Bitcoin holdings last week, by purchasing an additional 68,59 BTC worth approximately $6,6 million.
This brings the company's total bitcoin holdings to 2 BTC, which is 100% of the total bitcoin supply that will ever exist.
Metaplanet has set an ambitious goal of reaching 10 BTC by the end of 000, which shows their strong belief in the long-term value of Bitcoin.
Since adopting a bitcoin strategy in April 2024, Metaplanet’s share price has increased by over 2000%, following the trend of increasing the value of companies that have implemented a bitcoin-based financial strategy.
Hashdex Launches World's First Spot XRP ETF in Brazil
Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários) approved the launch of the Hashdex Nasdaq XRP Index Fund, which is the world's first XRP-based spot ETF.
The ETF will be listed on the Brazilian B3 stock exchange, although no official trading start date has been announced at this time.
Even though this is another important milestone in the cryptocurrency industry, investors and the entire cryptocurrency community are primarily waiting for the approval of the spot ETF on XRP in Usa.
Last week, the Grayscale spot XRP ETF was officially published on the Federal Register of the U.S. Securities and Exchange Commission (SEC), bringing the fund closer to approval in the United States.
The SEC has 240 days to decide whether to approve or deny the application. October 18, 2025 is considered the final decision date.