XRP’s recent price fluctuations are in the $1.339 to $1.35 range, boosted by the U.S.-Iran ceasefire talks. It rose about 3% in a single day. The key resistance zone is $1.34 to $1.355; analysts say that only by breaking through this area can investors focus on higher targets. Downside support sits at $1.31 to $1.32, and if it breaks below, it could return to the consolidation range. The market is waiting for U.S. economic data, so the near-term dynamics are worth watching.

Gate News message: On April 7, the credit protocol Grove announced that its TVL has risen to $3.0 billion. Previously, in June 2025, Grove received a $1.0 billion grant from Sky to advance its RWA (real-world assets) business.

Riot Platforms produced 1,473 BTC in the first quarter of 2026, with daily output down 4% year over year. Net revenue for the quarter was $289.5 million, and computing power deployment reached 42.5 EH/s, up 26% year over year. Total electricity costs fell to 3.0 cents per kilowatt-hour, down 21% year over year.

Kulipa’s stablecoin card issuance infrastructure platform completed a $6.2 million seed round on April 2, led by Flourish Ventures and 1kx. Founder Axel Cateland said the financing was structured as a SAFE form; previously, it completed a $3.0 million funding round in 2024.

Panther Macro’s Claus Vistesen report says the European Central Bank is expected to raise rates in the coming months, with inflation rising to 2.5% in March and potentially stabilizing in a range of 2.5% to 3.0%. It is expected to raise rates by 25 basis points in June and July, but weak economic conditions could make rate cuts a policy option. The central bank will seek to strike a balance between inflation and recession risks.

Gate News reports that on March 28, according to Bloomberg ETF analyst James Seyffart, between October 2025 and the end of February 2026, Bitcoin ETFs recorded about $9 billion in outflows, of which approximately $3 billion has been recovered. Although the overall net outflow since the "1011 crash" still exceeds $6 billion, looking at the performance this year, the inflows and outflows of Bitcoin ETFs have nearly balanced out, indicating a certain recovery in market sentiment.

On March 23rd in the cryptocurrency market, the top five gainers were Midnight (+11.84%), DeXe (+6.52%), Kite (+5.56%), Shiba Inu (+5.50%), and Pepe (+5.36%). The top five losers were River (-4.62%), Ethena (-3.41%), Decred (-3.15%), Kaspa (-3.04%), and TRON (-2.88%).

Gate News reports that on March 20, Shiba Inu's price has declined over 60% during 2025, despite the project launching Shibarium, a Layer 2 solution with DeFi capabilities. This case demonstrates that even when meme tokens are equipped with utility tools, it is difficult to sustain value support. Additionally, the co-founder of PEPE is building a new project based on exchange fee revenue, with relevant details not yet disclosed.

PEPE co-founder announced on March 20 the launch of a new project that will provide token holders with an income source based on exchange fee revenue model. Despite Shiba Inu's launch of Shibarium and integration of DeFi features, it has failed to stabilize token value, demonstrating that even with utility tools, Meme tokens' long-term value remains unstable. The specific name and mechanics of the new project have not yet been disclosed.

Abacus.AI CEO Bindu Reddy criticized Google's Gemini 3.0 as falling short of expectations, suggesting that Google focus on its core business and optimize its AI models. Elon Musk responded by stating that Google will win the AI race in the West, while noting that SpaceX has merged with xAI, reaching a valuation of 12.5 billion dollars.