Solana price has been consolidating within the $75-$100 range since early February this year. Now, a confirmed breakout from a descending parallel channel puts the asset in a position to challenge higher resistance levels after months of sideways movement.

After climbing to a month high of $90.3 on April 17, Solana (SOL) price fell nearly 8% to $83 amid profit taking by investors and a broader rotation away from risk assets amid concerns over stalled U.S.-Iran peace negotiations and rising oil prices. The 7th largest token has fallen nearly 33% so far since the beginning of this year. 

Despite this significant drop, its charts have now flashed a bullish signal for the medium term. 

On the daily chart, Solana price has broken out of a multi-year descending parallel channel from mid-September last year. A breakout from such a pattern has historically led to a shift in market sentiment from bears back to bulls. 

In Solana’s case, the breakout positions Solana for a steady upside in the coming weeks with a potential rally to as high as $155, a level calculated by adding the height of the channel to the point of breakout.

However, other technical indicators suggest some caution ahead of the next leg higher. Notably, the supertrend has flipped red, which means the immediate short-term trend remains under selling pressure.

At the same time, the MACD lines have formed a bearish crossover, which has often been the precursor to further consolidation before a sustained move upward.

Meanwhile, a major bullish catalyst for the ecosystem is that Solana Company recently raised $8 million through a share sale to global institutional investors like Mirae Asset and HashKey Capital.

The development allows the digital asset treasury to significantly expand its holdings by purchasing additional SOL tokens directly from the market, providing a solid foundation of institutional demand.

Private companies are gradually moving past the early stages of experimenting with artificial intelligence, with many larger firms now beginning to report measurable returns from their investments.

According to a new survey by Deloitte, nearly two-thirds (64%) of private companies with an annual revenue of $500 million or more have achieved moderate to significant return on investment (ROI) from AI initiatives. This marks a sharp contrast from smaller firms, where only 11% reported such levels of returns.

The findings also bring to light a broader shift in how private companies are now approaching AI. More than half (52%) of the business leaders surveyed said that expanding AI use across their organizations is now a top-three priority for the next 12 months, a figure that has gone up significantly from 22% a year earlier.

At the same time, 63% of respondents said their organizations are actively investing in digital transformation initiatives, including AI, compared with 33% that remain in limited or pilot stages.

Scaling efforts and key challenges

Larger firms have been leading the charge in deployment. About 74% of higher revenue companies reportedly said they are expanding AI across select functions, compared with 38% of smaller firms.

The main business priorities driving this push are revenue growth at 71% and improved productivity at 62% as companies look to automate complex workflows.

Funding for these initiatives is largely coming from internal sources. Half of those surveyed said budget reprioritization will be their primary funding method, followed by existing operating capital at 43%.

Despite the progress, significant roadblocks still hinder full-scale implementation. Data quality and availability were cited as the biggest challenges by 72% of respondents. Other issues include gaps in AI skills and leadership (53%), integration with legacy systems (48%), and difficulty scaling projects beyond the pilot stage (48%).

The survey also found uneven oversight at the board level. While boards are generally active in areas such as technology investment and cybersecurity, fewer respondents said they are proactive in monitoring the ethical use of AI or leadership readiness for digital transformation.

The findings are based on a March 2026 survey of 100 U.S. private company leaders, including senior executives and board members.

XRP gains institutional attention as ETF inflows and market demand reshape crypto investment strategies.

Amidst Wall Street’s continued increase in crypto asset allocation, Bitcoin ETF inflows have surpassed $21 billion, signifying an unprecedented influx of mainstream capital into this market. 

However, what truly ignites a new wave of market imagination is not just Bitcoin itself, but the long-undervalued XRP. With a gradually clear regulatory environment, surging demand for cross-border payments, and growing institutional interest, XRP is transitioning from a “fringe asset” to a potential core allocation target.

In this trend, more and more investors are seeking strategies that can capture market growth while also providing risk hedging capabilities. For example, digital asset service platforms like XRP Power are offering users relatively stable participation paths through diversified product design and profit mechanisms, allowing them to achieve stable returns even in a volatile market environment. 

This combination of “growth + stability” may be the key to the next stage of competition in the crypto market.

Why choose XRP power for stable returns?

Regarding return sources, XRP Power utilizes a recycling mechanism based on green energy infrastructure (such as wind and hydropower) to provide continuous power support for system operation, thereby enhancing overall stability and efficiency. This model, combining physical energy and digital assets, helps enhance the sustainability and resilience of returns in volatile market environments.

In terms of security and compliance, XRP Power is headquartered in the UK and operates within a framework that references the EU’s MiCA (Crypto-Asset Market Regulation) and MiFID II (Markets in Financial Instruments Directive II), striving to align with international standards in transparency and investor protection. Furthermore, the platform incorporates a third-party guarantee mechanism; user assets are insured by Lloyd’s of London and undergo regular independent audits by PwC to enhance asset security and operational transparency.

Through this multi-layered structure of “underlying asset support + compliance framework + third-party audits,” the platform aims to build a relatively robust and sustainable return environment for users.

How to join XRP Power and start earning

1. Register an Account and Receive a New User Bonus

Quickly register an account using an email address. New users receive a $21 bonus upon registration as initial trial funds.

2. Choose a Suitable Earnings Plan

The platform offers various earnings contracts ranging from $100 to $100,000. Different contracts correspond to different earnings structures and periods, allowing users to flexibly choose according to their capital and risk tolerance.

3. Pay and Activate the Contract

Payment is supported through various mainstream digital assets, including USDT, USDC, Bitcoin, Ethereum, and XRP. The process is convenient, and funds arrive quickly.

4. Contract Activation and Earnings

After contract activation, the system will begin calculating earnings based on the selected plan and settle daily. Earnings will be automatically credited to your account balance. Users can choose to withdraw at any time or reinvest to increase potential earnings.

5. Popular Profit Contracts

Investment Amount: $1000 Investment Period: 7 days Daily Yield: $13.20 Total Profit: $92.40

Investment Amount: $5000 Investment Period: 15 days Daily Yield: $70.50 Total Profit: $1057.50

Investment Amount: $10000 Investment Period: 20 days Daily Yield: $153 Total Profit: $3060

Click to view daily profit details for different contracts.

6. The platform also offers user referral and team incentive programs to further enhance the diversity of profit opportunities. Users can earn long-term profit-sharing rewards by inviting friends to join the platform: enjoying a multi-tiered incentive structure of up to 3% + 2%, with increased potential profits from more referrals.

When a team reaches a certain size (e.g., more than 10 active members), users can unlock an additional monthly team reward mechanism, receiving more incentives based on the team’s overall performance.

This mechanism aims to encourage users to achieve both personal gains and team growth through sharing and collaboration, while simultaneously building a more active community ecosystem.

Summary

Since its launch in 2023, the XRP Power platform has expanded its business to 189 countries and regions worldwide, serving a continuously growing user base and gradually establishing its influence in the digital asset yield management field. The platform focuses on “user asset security and yield experience,” continuously improving its overall service capabilities through technological and mechanism optimization.

In terms of architectural design, XRP Power incorporates decentralized technology, ensuring key data is recorded on-chain and publicly verifiable, enhancing transparency and verifiability, allowing users to more clearly understand asset operations and yield sources.

Regarding the yield model, the platform strives to maintain relatively stable yield performance in different market environments through diversified strategies and risk mitigation mechanisms. Even in situations of increased market volatility, it is committed to providing users with continuous yield opportunities, rather than solely relying on market upturns.

For more details, please visit the official website.

Canada is proposing to ban crypto ATMs as part of a broader crackdown on fraud and money laundering, citing growing evidence that the machines have become a key tool for scammers.

The measure, included in the Liberal government’s Spring Economic Update released Tuesday, would eliminate crypto ATMs nationwide. Officials described the machines as a “primary method” for defrauding victims and laundering illicit funds.

“To protect Canadians by shutting down a primary method for scammers to defraud victims, and for criminals to place their cash proceeds of crime,” the government said, it plans to prohibit the machines entirely.

A crypto ATM (automated teller machine) may sound similar to a traditional cash machine that dispenses money from your bank account, but it works very differently. Instead of withdrawing cash, these machines let users convert physical cash into cryptocurrencies like bitcoin, which can then be sent to a digital wallet anywhere in the world, while bypassing traditional banking channels. That’s where the money-laundering risk comes in.

The proposal follows mounting concerns from law enforcement and regulators that crypto ATMs have become central to fraud schemes.

A 2023 internal analysis by Canada’s financial intelligence agency, FINTRAC, found that bitcoin ATMs are likely to remain “the primary method” fraudsters use to collect and launder funds from victims.

Canadian lawmakers are debating banning crypto as a payment method for electoral donations, citing concerns about the anonymity of fund transfers.

Canada was home to the first bitcoin ATM, installed in a downtown Vancouver coffee shop in 2013.

CFTC turns to AI tools and a new Innovation Task Force to police booming crypto and prediction markets as staff shrinks and CLARITY Act hangs over federal turf wars.

The U.S. Commodity Futures Trading Commission is turning to artificial intelligence to supervise surging crypto and prediction markets even as its workforce has shrunk by more than one‑fifth since 2024.
Chairman Michael Selig told the House Agriculture Committee that the agency has authorized Microsoft 365 Copilot across its staff and is building “AI‑driven surveillance systems to flag fraud, market manipulation, and insider trading” in digital asset and derivatives markets.

CFTC leans on AI as staff shrinks

According to a report cited by Selig, the CFTC’s headcount has fallen from about 708 full‑time employees at the end of fiscal 2024 to roughly 543 a year later, a reduction of just over 20%, even as Congress prepares to hand it primary oversight of non‑securities crypto trading.

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He argued that Copilot and other machine‑learning tools are compensating for that gap by ingesting large data sets from crypto exchanges, prediction platforms, and futures markets and surfacing anomalies for human investigators to review.

At the same time, Selig is trying to replace ad hoc enforcement with clearer guardrails.

In March, he launched an Innovation Task Force “dedicated to advancing clear rules of the road for American innovators” building in three areas: crypto assets and blockchain, artificial intelligence and autonomous systems, and prediction markets and event contracts, according to a CFTC release.

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The task force, led by senior adviser Michael Passalacqua and five other experts, will work with the Innovation Advisory Committee and coordinate with the Securities and Exchange Commission on joint initiatives.
“Our goal is to foster responsible innovation at home and ensure American market participants are not left on the sidelines,” Selig said, promising a forum for founders and developers to “come meet with the staff” rather than face only after‑the‑fact crackdowns.

Bitcoin 2026 underscores prediction market pivot

Selig amplified that message on April 27 at the Bitcoin 2026 conference in Las Vegas, where he appeared back‑to‑back with SEC chair Paul Atkins and told attendees that regulators are “turning over a new page” on crypto coordination.
He framed the CFTC’s agenda around property rights, saying “our country was founded on the idea of private property” and arguing that token holders and innovators deserve predictable treatment instead of overlapping enforcement from Washington and the states.

That stance matters for prediction markets, a sector that platforms like Polymarket and Kalshi have helped push to nearly $24 billion a month in trading volume as AI bots and Wall Street capital pour in.

The CFTC is simultaneously defending what Selig calls its “sole regulatory jurisdiction over prediction markets” in lawsuits against states including New York, Arizona, and Illinois, warning that a patchwork of gambling rules could fracture a market now moving into mainstream finance.

In a recent congressional hearing, Selig said the agency has “numerous investigations ongoing” in prediction markets and insisted that CFTC‑registered platforms must serve as the “first line of defense” against fraud before federal enforcement steps in.

With the CLARITY Act still pending in Congress and the Innovation Task Force ramping up, the CFTC is betting that AI‑enhanced supervision and formal rulemaking can keep pace with crypto derivatives and event contracts that now trade at global scale.

XRP lost $1.40, and it didn’t happen quietly. The level had held for weeks, but once it gave way, price slipped quickly and hasn’t recovered it. That shift matters because when support breaks on strong volume, it usually turns into resistance, and that changes how traders position around it.

News Background

• Bitcoin dominance pushed toward 60%, signaling capital rotating away from altcoins and limiting demand for XRP.

• XRP continues to unwind after a long consolidation phase, with the recent move marking the first clean break below its range floor.

Price Action Summary

• XRP dropped from $1.40 to $1.38, breaking below a key support level that had held through the range.
• The move was driven by a clear spike in selling activity rather than gradual drift.
• Price is now holding just below $1.40, consolidating after the breakdown instead of bouncing back.

Technical Analysis

• The structure has shifted. $1.40 was support, now it acts as resistance unless reclaimed.
• Volume expanding into the move confirms real selling pressure, not a low-liquidity drop.
• The longer consolidation that kept price stable has now started to resolve lower.
• Short-term rebounds are shallow so far, which suggests buyers are not stepping in with strength yet.

What traders should watch

• $1.40 is the key level. A move back above it would signal the breakdown failed.
• $1.37 is the next support. Losing that opens the path toward $1.32-$1.28.
• As long as price stays below $1.40, rallies are likely to face selling pressure.

The CFTC is turning to artificial intelligence and a new Innovation Task Force to police explosive crypto and prediction markets as its workforce shrinks and jurisdictional battles over event contracts intensify.

Galaxy Digital (Nasdaq: GLXY) swung to a Q1 2026 net loss of $216 million, as a roughly 20% decline in digital asset prices during the quarter pulled the crypto‑focused financial services firm into the red despite growing fee and infrastructure revenue.

In its earnings release, the company reported diluted earnings per share of $(0.49) and said “the decline in token prices and unrealized losses on balance sheet positions more than offset operating income” across trading, asset management, and principal investments.

Management stressed that the loss narrowed compared with the prior quarter and argued that the business mix is becoming less sensitive to crypto price swings. “While digital asset volatility continues to impact our reported net income, our core operating businesses remain resilient, and we are executing on a strategy that diversifies our revenue base,” Galaxy said in its shareholder letter.

The firm pointed to its Digital Assets segment — spanning trading, lending, asset management, and staking — which generated hundreds of millions of dollars in adjusted gross profit over 2025, even as full‑year net income was negative.
Last year Galaxy posted a $241 million net loss for 2025, but adjusted EBITDA of $216 million and a stock price that jumped more than 11% after the annual report underscored that investors were willing to look through non‑cash marks.

Data Centers start to earn as Helios ramps

The first quarter also marked a structural shift: Galaxy’s Data Centers division booked revenue for the first time, reflecting the initial commercialization of its Helios AI campus in West Texas.
“We anticipate revenue from our data center business to commence in the first half of 2026,” management had said on a prior earnings call, a timeline that Q1’s results suggest the company is now meeting.

Helios, which Galaxy has described as a “multi‑hundred‑billion‑dollar digital infrastructure opportunity,” has secured more than 1.6 gigawatts of approved capacity and a long‑term contract with AI cloud provider CoreWeave that is expected to generate over $1 billion in annual revenue at full ramp.
Galaxy recently closed a $1.4 billion project financing facility to fund the site’s initial retrofit and expansion, positioning the firm less as a pure crypto trading proxy and more as a hybrid of digital assets bank and AI infrastructure play.

CEO Mike Novogratz has argued that this pivot gives Galaxy a durable earnings engine that is less correlated to bitcoin and altcoin prices, even if quarterly results like Q1’s still reflect the sector’s boom‑bust dynamics.
For investors, the tension between a $216 million reported loss and the first trickle of data center revenue underlines the central question around GLXY: how quickly Helios and related projects can scale to outweigh crypto market drawdowns in the income statement.

Online trading platform Robinhood fell 9.4% in after-hours trading after its Q1 revenue missed analyst estimates, while crypto revenue and trading volume fell nearly 50% from a year ago. 

Robinhood’s crypto transaction revenue fell 47% year-on-year from $252 million to $134 million, while crypto trading volume fell 48% to $24 billion over the same period, according to the company’s Q1 earnings report on Tuesday. 

Robinhood’s transaction-based crypto revenue fell for the third consecutive quarter in Q1. Source: Robinhood 

Its earnings per share of $0.38 and $1.07 billion in revenue missed industry expectations by 11.6% and 6.1%, respectively, contributing to a 9.4% fall in Robinhood (HOOD) shares. The company still made a profit, with its net income rising 3% year-on- year to $346 million.

Robinhood CEO Vladimir Tenev attributed the crypto revenue and trading volume fall to price swings in the market but added that the company is more focused on building crypto infrastructure and integrating assets that have “real-world utility.”

“Price moves up and down, but what I can tell you is crypto as technology infrastructure is going to be big, and we’re investing,” he said, adding: “We’re at the very beginning of what’s gonna be a tokenization supercycle.”

Robinhood is one of several trading platforms that have used the bear market to expand their blockchain-based offerings in an effort to capture new revenue streams and broaden retail demand.

Robinhood Predictions records best quarter yet

Another one of those offerings is Robinhood Predictions, a predictions market platform integrated through Kalshi, which saw a record 8.8 billion event contracts traded on Robinhood in Q1, marking a 780% increase from Q2 2025 — its first full quarter on the market.

Tenev added that Robinhood Predictions is on track to reach around $3 billion in trading volume for April, a figure that would mark its second-highest month since rolling out the product in March 2025.

Related: Nasdaq files for prediction market-style options on Nasdaq-100

Robinhood Predictions is part of Robinhood’s “other” trading category, which saw its revenue increase 320% year-on-year to $147 million in Q1, helping offset the crypto-related losses. 

Not included in the crypto figures was trading activity from Bitstamp, which was acquired by Robinhood in June 2025. The exchange recorded $42 billion worth of trading volume over the quarter, down 13% from Q4 2025.

Magazine: IronClaw rivals OpenClaw, Olas launches bots for Polymarket — AI Eye

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