The cryptocurrency landscape seemingly started to rebound, with market capitalization recovering to $2.7 trillion after dropping to $2.51 trillion earlier this week. Among the sea of green today, two digital assets stand particularly tall – PI Network and XRP.
Both have outpaced competitors with impressive gains of 7.55% and 2.97%, respectively, over the past 24 hours.
Market enthusiasm continues building around both tokens due to important developments – PI’s potential Binance listing and XRP’s possible SEC case resolution. Meanwhile, Solaxy (SOLX), a novel Solana Layer-2 project currently raising funds, has accumulated over $26 million during its presale phase.
PI Network’s Spike Amid Potential Binance Listing
After six years in development, PI finally debuted on February 20th, though with a turbulent market entry. The token’s initial price of $1.48 quickly tumbled to $0.64 before a dramatic reversal that peaked at $2.98 in late February.
A subsequent correction brought PI to its current $1.72 valuation – 42.28% below its all-time high but still representing a monthly increase of 2.40%.
Despite being a market newcomer, PI has already secured the 11th position among the largest cryptocurrencies by market capitalization.
Crypto market watcher Gem Hunter anticipates that PI will continue gathering upward momentum, forecasting a target of $4 in the coming weeks.
🚨 $PI is outperforming the entire crypto market
The weekly $PI chart looks incredibly bullish I’m expecting a move to $4 in the coming weeks
Meanwhile $BTC $ETH $SOL and others are dumping hard but $PI remains strong
Just compare it to BTC and ETH you’ll see how bullish it is pic.twitter.com/NOCLC5twh5
The token’s future appears even brighter according to analyst Bitcoin Buddha, who envisions a $5-$10 price range as achievable, especially considering 86% of nearly 300,000 participants supported its listing in Binance’s official poll.
SEC Lawsuit Rumors Fuel XRP’s Recovery
XRP started 2025 trading at $2.05 before climbing to a remarkable $3.1 by January’s conclusion – coinciding with Mark Uyeda’s SEC chairmanship appointment. The widespread market downturn subsequently pushed XRP down to $1.98 two days ago, falling below early January levels.
The token rebounded yesterday following journalist Eleanor Terrett’s report suggesting the SEC might soon conclude its case against Ripple. This development appears particularly significant given the agency’s previous suspension of 11 lawsuits against major crypto platforms, including Coinbase, Binance, and Kraken.
Technical analyst Mikybull presents a cautionary perspective, suggesting XRP’s current 14-day RSI of 45.75 indicates another potential decline toward oversold conditions.
Taking a longer view, crypto expert Coinvo maintains unwavering optimism that XRP could eventually surpass $7 and potentially reach $15 in coming years – making any forthcoming dip a strategic buying opportunity.
Solaxy’s Layer-2 Technology Attracts $26M as Presale Deadline Looms
While Pi’s explosive market entrance and XRP’s projected 5x growth potential attract investor attention, industry observers suggest Solaxy might deliver even greater returns with a possible 10x launch-day surge, driven by its innovative technological approach.
Solaxy aims to become the solution to Solana’s network congestion problems with its Layer-2 scaling solution. By introducing rollups and transaction bundling, Solaxy aims to offload transaction processing burdens from Solana and make it the main DeFi hub.
The project is currently in the presale phase, with SOLX token presale currently raising over $26 million. While SOLX is currently trading at $0.001662, a scheduled price increase is due in a little over 24 hours. According to official documentation, the token will reach $0.00169 by presale conclusion.
The project has garnered substantial community support, with over 81,500 followers across Telegram and X (formerly Twitter) platforms. This growing interest has caught the attention of meme coin specialist Jacob Crypto Bury, who expresses strong confidence in Solaxy’s market potential.
Security remains a priority for Solaxy’s development team, as demonstrated by their allocation of 10% of the token supply toward liquidity provisions. Additionally, smart contract security firm Coinsult conducted a thorough audit that revealed no vulnerabilities within the protocol’s code.
Jacob Crypto Bury advises followers to accumulate SOLX before presale conclusion, highlighting the project’s generous 156% staking APY and predicting explosive growth following market launch.