Latest developments: Trent Van Epps says Ethereum’s long-term decentralization strategy is entering a critical transition phase.

• Van Epps said he left the Ethereum Foundation after it became clear the organization would accelerate its “subtraction” philosophy of pushing authority and legitimacy into the broader ecosystem.
• He described the Ethereum Foundation as intentionally reducing its central role rather than consolidating power, arguing that multiple independent institutions should eventually coordinate the ecosystem.
• The comments come after recent Ethereum Foundation leadership changes and workforce reductions, which have fueled questions about Ethereum’s future governance.
• Van Epps joined CoinDesk’s Jennifer Sanasie on Markets Outlook.

What this means: Van Epps argues Ethereum faces a practical funding challenge rather than an existential crisis.

• He estimated core protocol development requires roughly $30 million annually, even as the Ethereum Foundation’s treasury gradually declines over time.
• According to Van Epps, the issue is not shrinking technical needs but identifying new organizations willing to finance public goods that keep the network reliable and secure.
• He said his Protocol Guild initiative has distributed nearly $40 million to Ethereum core developers over roughly four years but is not sufficient on its own to replace broader ecosystem funding.

The xrp price prediction shifted again after pro-XRP lawyer Bill Morgan demanded Ripple release more of the monthly 1 billion XRP unlock instead of looping it back into escrow per Benzinga. The note dropped while XRP slid to $1.04. Benzinga still calls $10 a real long-term target, with Standard Chartered projecting $8 by year end.

The xrp price prediction now runs alongside record ETF activity. Seven U.S. spot XRP ETFs hold $1 billion AUM and 938.7 million tokens in custody on June 25, but the early high-multiple window for XRP and Solana closed at $67 billion and $40 billion in market cap.

CoinDesk reported XRP slid 2.8% to $1.04 on June 25, losing the $1.0850 support and parking at the lower end of its June trading range. Bulls need to reclaim $1.10 to flip the shakeout narrative. Solana (SOL) sits at $69.25, down 0.52%, while broader risk turned cautious across the CD20 index.

For the wider tape, the XRP setup confirms both tokens lean on institutional flow for price support, but the early returns are already behind them. The traders hunting 267x are no longer looking at assets where the chart fights over a $1 floor.

Top Cryptocurrencies to Position Before the Next Breakout

Pepeto: The Exchange Token Where $0.0000001879 Could Become 267x Before Institutions Find It

XRP traders sit on resistance levels waiting for steady percentage gains, but Pepeto at $0.0000001879 runs on different math. The ticket price is a fraction of a cent, the runway scales for years, and presale wallets stand in front of every public buyer that arrives later.

A live exchange under construction at the presale stage is rare on its own. Add $10,334,426 already inside the raise during a Fear and Greed reading of 12, a SolidProof reviewed contract, the cofounder who walked Pepe to $7 billion, and a former Binance executive shaping the listing.

Pepeto targets a meme coin trading market worth more than $45 billion with zero-fee infrastructure spanning three chains. Hitting 267x only requires the token to trade at a fraction of what Pepe achieved with the same 420 trillion supply.

The xrp price prediction has a ceiling. Pepeto does not, and the Binance listing is the event that wipes this entry off the screen for good.

XRP Price Prediction: Validated by Institutions but Returns Stay Range Locked

XRP trades near $1.04 per CoinmarketCap after losing key support under $1.0850. Benzinga still maps $10 as a possible long-term target, with Standard Chartered projecting $8 by year end and Coinpedia mapping $5 to $6 later this cycle.

The xrp price prediction targets $10 if ETF flows and CLARITY clarity keep stacking, roughly 9x over years, but moving averages stack between $1.13 and $1.19 and block every rally attempt.

Solana (SOL) Price at $69.25 as Risk Sentiment Cools Across Major Tokens

Solana traded at $69.25 per CoinDesk, down 0.52% across a broader pullback on June 25. SOL ETFs continue to attract incremental flows while support sits at $65 with $89 the key resistance. Losing $65 opens $58.

Conclusion

Ripple will still be trading next week no matter what the xrp price prediction lands on. The Pepeto presale will not. The June 25 break under $1.0850 confirms the early high-multiplier window for both XRP and SOL is already closed. A $1,000 XRP position buys 935 tokens and stretches to about $9,000 even at the bullish $10 target.

The same $1,000 in Pepeto secures 5.32 billion units, a position that pays out between $100,000 and $150,000 once the listing hits Pepe’s ATH math, and $10,000 on the same ticket is the million-dollar wallet most readers spent last cycle wishing they had.

One wallet got in before listing and walked out of this cycle with a portfolio between $150,000 and a million on a single position. The other hesitated like buyers who passed on Shiba Inu and carries that regret forever. The window is still open, but at the pace demand is hitting the raise, days are all that is left.

Click To Visit Pepeto Website To Enter The Presale

FAQs

What is the xrp price prediction target after Bill Morgan called for faster escrow releases?

The xrp price prediction targets $10 long term per Benzinga if ETF demand and CLARITY Act clarity keep stacking. XRP’s $67 billion cap caps near-term upside to percentages, not the multiples a presale entry can deliver.

How does Pepeto’s return math compare to holding XRP or SOL?

Pepeto secures 5.32 billion units per $1,000 at $0.0000001879, a position that pays between $100,000 and $150,000 at listing on Pepe’s ATH math. XRP at $67 billion and Solana at $40 billion cannot support a 100x to 150x outcome from their current caps.

What does the June 25 XRP breakdown mean for XRP and Solana?

XRP losing $1.0850 confirms both tokens lean on institutional ETF flows for price support. Neither offers the presale upside Pepeto carries ahead of a confirmed Binance listing at $0.0000001879.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

An Ethereum whale who shorted Ether (ETH) during the October 2025 crypto crash has returned after eight months of silence.

Key takeaways:

• Ethereum whale opens a $19.72 million 20x ETH short near the $1,500 support zone.
• ETH’s bear flag setup hints at a decline toward $1,375, which may earn the whale roughly $2.39 million in profits.

Ethereum whale opens 20x short after eight-month hiatus

On Friday, wallet ‘0xf83f…6728’ opened a 20x-leveraged ETH short worth $19.72 million as Ether reached the $1,500 support zone after dropping 18.25% over the last two weeks.

The position was opened at an average price of around $1,565, according to data resource Hyperbot. As of this press time, the whale had earned nearly $106,500 in unrealized profits as the ETH price dropped around the $1,550 area.

Ethereum whale’s $19.72M position status as of Friday. Source: Hyperbot

The downside sentiment in the Ethereum market has tracked a broader tech-led risk selloff, with traders cutting exposure to speculative assets as Nasdaq and chip stocks came under pressure.

Ethereum-specific sentiment has weakened further amid renewed scrutiny of the Ethereum Foundation, following reports of budget cuts, staff reductions and a wave of senior departures that have raised questions about the organization’s leadership stability.

Ether is eyeing a decline toward the $1,375 level if it continues the breakdown out of its prevailing bear flag pattern.

ETH/USD daily price chart tracking the bear flag breakdown setup. Source: TradingView

If ETH falls to $1,375, the whale’s unrealized profit would rise to roughly $2.39 million before fees and funding, based on the position’s approximate $1,565 entry price.

Same whale shorted ETH near October 2025 crash top

The wallet’s latest move stands out because of its trading history.

Transaction logs show that wallet ‘0xf83f…6728’ last became active on Oct. 27, 2025, when it opened an ETH short near $4,172 as volatility from the October crypto crash was easing.

Related: Are Ethereum OGs jumping ship? Here’s what the data says

The trader later closed the position near $4,133, booking $41,693 in net profit after $5,263 in exchange fees.

Ethereum whale’s filled ETH orders from October 2025. Source: Hyperbot

The whale’s current strategy appears similar: short ETH into weakness, use high leverage, and lean into downside momentum. The scale has changed sharply, however, since the current position carries nearly $20 million in notional exposure, making it far larger than the whale’s October 2025 trade.

ETH double bottom could threaten the whale’s short

The whale’s bearish bet is not without risk.

As of Friday, Ether’s daily chart showed a potential double bottom near the $1,500–$1,512 support area, where buyers stepped in twice in June. The setup remains unconfirmed, but a strong rebound from this zone could shift short-term momentum back toward the bulls.

ETH/USD daily price chart tracking a potential double-bottom breakout setup. Source: TradingView

The key level to watch is the neckline near $1,850. A decisive daily close above that level would confirm the double bottom pattern and open the door to a measured rebound toward roughly $2,190, based on the distance between the neckline and the $1,512 bottom.

That would put ETH close to the whale’s liquidation zone near $2,150, meaning a confirmed bullish reversal could pressure or even wipe out the short position if the trader does not add collateral or reduce exposure.

The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have opened a joint public consultation on whether to better align portfolio margin rules across securities and derivatives markets, seeking feedback on approaches that could expand cross-margining and reduce market fragmentation.

The agencies are requesting input on cross-margining, collateral treatment, risk management, customer protections and the potential effects on market liquidity and competition. The public comment period will remain open for 60 days after the request is published in the Federal Register.

“Cross-margining offers a clear opportunity to unlock liquidity that remains frozen in separate accounts,” SEC Chair Paul Atkins said, adding that harmonizing the agencies’ frameworks could help prevent jurisdictional overlap from limiting innovation and market efficiency.

Cross-margining allows offsetting positions across different products or markets to be considered together when calculating margin requirements, rather than treating each position separately. By recognizing these offsets, companies can often post less collateral against hedged positions because margin is based on the portfolio’s overall risk rather than each position in isolation.

The SEC oversees securities and security-based swaps, while the CFTC regulates futures, swaps and commodity derivatives. As crypto exchanges and brokerages increasingly operate across both markets, the agencies’ joint review reflects the growing need for coordinated oversight.

Related: CFTC hires SEC crypto task force adviser with blockchain forensics chops

Crypto derivatives expand across regulated markets

The joint request for comment follows recent regulatory approvals that paved the way for a broader expansion of crypto derivatives offerings.

On May 29, the CFTC approved Bitcoin (BTC) perpetual futures for prediction market platform Kalshi and cleared Coinbase Financial Markets to offer eligible US institutional clients access to certain Deribit-listed crypto options and perpetual futures. Coinbase began offering that access the same day through its integration with Deribit.

A few weeks later, Kraken launched CFTC-regulated perpetual futures for eligible US users through its recently acquired Bitnomial platform, expanding its domestic derivatives offerings beyond CME-listed crypto futures.

Source: Kraken Pro

The expansion of crypto derivatives in the US has also raised broader questions about whether existing regulatory frameworks remain appropriate across different markets.

Earlier this week, CFTC Chair Mike Selig said cryptocurrency perpetual futures were not a “natural fit” for traditional commodity markets such as agriculture, highlighting the challenges regulators face in applying existing frameworks across increasingly diverse asset classes.

Magazine: Bitcoin slides to $58K, XRP hits $1 but onchain data promising: Market Moves

Cardano founder Charles Hoskinson has claimed that the identity of the presumably white hat hacker who took $18.5 million worth of ADA from exposed Cardano wallet users is unknown.

In an X talk yesterday called The Bingo Hall, Hoskinson claimed that he was informed by “Jer” of what went down in a meeting between the Cardano governance firm Intersect and the developers of SecondFi, Emurgo.

A clipped snippet of the talk shows Hoskinson claiming that “A member of the Emurgo team said the identity of the white hat hacker is not known to Emurgo.” He shortly added, “or at least [Emurgo] said it is not affiliated with Emurgo.” 

“That’s probably a fair representation of the statement,” Hoskinson said, before noting that it was a secondhand recollection from the meeting by Jer.

Read more: Cardano wallets drained of $2.4M after self-custody exploit

He said, “I don’t particularly care if it’s Joe Schmo, Emurgo, or a third-party, doesn’t matter to me,” noting that his only concern is how they are going to move the funds and return them to affected users. 

Days before this, X users had already begun to speculate whether or not Emurgo knew who the white hat hacker was. 

Now, X users are doubting whether Emurgo knew the white hat hacker, with some calling for a police investigation into the firm. Others, however, are hoping Hoskinson’s claims are just a “miscommunication.”

SecondFi claims it triggered emergency measures

SecondFi, one of the largest Cardano wallet generators, was exploited earlier this week, and 16 million ADA ($2.4 million) was reported stolen from user wallets.

However, another 129 million ADA ($18.5 million) was also taken, but SecondFi later claimed that it was the result of an emergency measure it had deployed to secure the funds. 

It said, “To prevent total loss during the active exploit, emergency rescue measures were triggered to secure the available ~129m ADA and continues to be routed to an independent, qualified third-party custodian, where they are held securely for the benefit of the affected wallet addresses.”

“An external accounting firm has been engaged for a special audit to independently verify those holdings,” it added.

Intersect’s latest post on the exploit yesterday demanded “a transparent account of how the issue arose, of the emergency measures taken to protect user assets, including the movement of at-risk funds to custody, and of how those assets, which include CNTs and NFTs as well as ada, will be safeguarded and returned.”

Intersect stresses Cardano blockchain isn’t broken

Intersect stressed that the exploit has nothing to do with the Cardano blockchain itself.

However, it noted that the implications of the exploit may impact the flow of ADA across the ecosystem.

SecondFi’s latest statement claims it took a final balance snapshot today and estimates thait will return lost user assetsed in two weeks’ time. 

Read more: Hoskinson wants to save Cardano’s rep by leaving X for Discord safespace

This isn’t guaranteed, and the firm noted that it is still trying to reach a “working solution” before it proceeds to test and review the asset return process. 

It still advises users not to move to new wallets and warns, “Independent actions taken outside of official guidance create additional risks, and may significantly complicate the asset claims process.”

Protos has reached out to Emurgo for comment and will update this piece should we hear anything back. 

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Securitize, one of the largest providers of tokenization infrastructure for Wall Street, expects to raise about $400 million as it prepares to go public through a merger with a Cantor Fitzgerald-backed special purpose acquisition company.

The company said Friday that, following lower-than-expected shareholder redemptions, the business combination with Cantor Equity Partners II (CEPT) is expected to generate roughly $400 million in gross proceeds, including private investment in private equity (PIPE) financing.

CEPT was 8% higher following the news.

The transaction is scheduled to close on July 1, pending shareholder approval on June 29 and other customary closing conditions. The combined company is expected to begin trading on the New York Stock Exchange the following day under the ticker SECZ.

Tokenization — the process of representing assets such as funds, bonds and private credit on blockchain networks — has become one of Wall Street’s fastest-growing digital asset initiatives. The market for tokenized real-world assets has grown to more than $30 billion excluding stablecoins, according to rwa.xyz, while Boston Consulting Group and Ripple project it could reach $18.9 trillion by 2033.