cryptonewsflash

The #shiba⚡ Inu burn rate has spiked considerably in the past 24 hours, yet its price has remained almost redundant, failing to reflect this positive activity.
Shiba Inu burns recorded a massive spike from yesterday’s figures, as market proponents doubled down on efforts to reduce the memecoin’s large supply. After a meager burn rate on Thursday, data show a 173,579% spike in burn activity in the Shiba Inu ecosystem.
Key Points
Shiba Inu burns have spiked considerably in the past 24 hours, yet its price has remained almost redundant, failing to reflect this positive activity.Data show a 173,579% spike in burn activity, with 838,872 SHIB tokens incinerated in the past 24 hours.On-chain data shows that these burns occurred in two transactions of 580,858 SHIB and 258,014 SHIB, but they came from the same address, “0xe9caf.”The burns took the total burnt SHIB tokens to 410,754,337,836,935, representing about 41% of the maximum supply of 999 trillion.Amid this bullish network activity, Shiba Inu did not react much.
SHIB Burn Rate Spikes
According to the burn tracker Shibburn, the SHIB burn rate has increased considerably in the past 24 hours. So far today, 838,872 SHIB tokens have been incinerated, an impressive 173,579% rise from just 483 tokens burnt yesterday.
On-chain data shows that these burns occurred in two transactions of 580,858 SHIB and 258,014 SHIB, but they came from the same address, “0xe9caf.” Further analysis shows that the wallet “monarkoshi.eth,” funded by Coinbase, initiated this transaction.
It moved the SHIB tokens to the “0xe9caf” address, which then sent them to the burn address. Notably, the two transactions occurred in the early hours of today, causing the spike.
The burns took the total burnt SHIB tokens to 410,754,337,836,935, which is about 41% of the maximum supply of 999 trillion. However, amid this bullish network activity, Shiba Inu did not react much.

Shiba Inu Price Fails to Respond
Notably, the memecoin is up less than 1% in the past 24 hours. This missed the expectations of enthusiasts, who were hoping the staggering spike in burn rate would rekindle bullish momentum for Shiba Inu.
Meanwhile, the rebound was more of a reaction to a broader market rebound. With Bitcoin and major altcoins recovering slightly, SHIB followed their lead. Recall that the token grew by 2.3% yesterday due to this effect, recording its first green candlestick since the 12% rally on February 6.
Enthusiasts remain optimistic that SHIB will recover from the current dip to higher prices. One analyst sharing this view is Vuori Trading, which sees the current phase as a bear trap. His outlook predicts a 22x rally to unprecedented prices when the accumulation ends.
Dwindling Shiba Inu Volume Stalls Recovery
In the meantime, Shiba Inu trading volume continues to drop, signaling lower market activity involving the token. In the past 24 hours, spot and futures volume are down 9.6% to $24.3 million and 8% to $96.9 million, respectively. 
A look at the seven-day timeframe shows an even steeper drop. Specifically, spot volume has reduced 45.8% to $169.18 million, and futures volume is down 49% to $768.9 million. A turnaround in this would be crucial if SHIB is to recover further from here.
#CryptoNewsFlash

The #XRP community is gearing up for a pivotal week for XRP adoption.
Key developers and Ripple-affiliated teams are preparing to outline the next phase of the XRP Ledger’s evolution. 
In a tweet, XRPL validator Vet shared high expectations ahead of XRP Community Day, describing the coming days as a “big week” focused on strengthening XRP adoption. 
According to Vet, upcoming discussions will center on the key tools needed to expand XRP’s use, particularly for institutions and regulated markets.
Key Points
XRP developers signal a major week ahead as adoption-focused upgrades take center stage.Programmability, privacy, and compliance are key pillars of XRPL’s next evolution.RippleX outlines live features and upcoming tools for institutional DeFi growth.XRP Community Day may offer fresh signals for accelerating institutional adoption.
Focus on Programmability, Privacy, and Compliance
At the center of the conversation is programmability on the #XRP Ledger. Planned discussions will explore smart extensions and contract functionality designed to expand what developers can build on XRPL without sacrificing efficiency or security.
Privacy and scalability are also taking center stage. In particular, Vet highlighted Zero-Knowledge Proofs (ZKPs) as a key area of development. These tools would enable more private transactions and scalable financial activity, a critical requirement for enterprise and institutional use cases.
Another major theme is compliance. XRPL developers are working on compliance-focused building blocks, including permissioned domains and decentralized exchange (DEX) enhancements. The goal is to allow compliant financial workflows to operate seamlessly behind the scenes without adding friction for end users.
RippleX Outlines What’s Live and What’s Next on the XRP Ledger
Vet’s remarks followed a RippleX update outlining which XRP Ledger features are already live and what is coming next. RippleX plans to explain how improvements in programmability, privacy, and compliance are directly increasing XRP’s real-world utility.
The session will take place during XRP Community Day on X Spaces, scheduled for February 11 at 1:55 PM ET (or February 12 at 2:55 AM SGT). It will cover native lending, DeFi tools, and how these upgrades support real-world financial use cases. The focus remains on expanding XRP’s role in settlement, liquidity, and on-chain financial services.
Planned speakers include Ayo Akinyele, RippleX’s Head of Software Engineering; Mayukha Vadari, Staff Software Engineer at RippleX; and Jazzi Cooper, Head of Product at RippleX. Community voices such as Vet and Krippenreiter will also take part.

Institutional DeFi Roadmap Comes Into Sharper Focus
Earlier updates from RippleX outlined the broader Institutional DeFi roadmap for the XRP Ledger. The roadmap positions XRP at the core of settlement, foreign exchange, collateral management, and on-chain credit.
According to the roadmap, this year’s focus is on lending, privacy, and permissioned on-chain markets. These developments aim to move XRPL closer to everyday institutional use while keeping the user experience simple and compliant.
As XRP Community Day approaches, expectations are building that this “big week ahead” could offer clearer signals on how XRP adoption may accelerate across both decentralized and institutional finance.
#CryptoNewsFlash

#Dogecoin attempts a reversal at key support, with analysts predicting potential long-term growth if it breaks through key resistance levels.
Dogecoin (DOGE) has been on a turbulent ride recently, with its price seeing a significant drop of 10.4% in the last 24 hours, now hovering around $0.0914. The crypto has faced notable declines, with a 22% loss in the past seven days and a 39% loss over the last month. It is also important to note that the Dogecoin market remains highly active, with a 24-hour trading volume of $6.55 billion in the futures scene.
However, the year-to-date performance shows a 22.32% drop, adding to concerns over its long-term prospects. Notably, Dogecoin’s futures market has been marked by a 2.21 long/short ratio on Binance DOGE/USDT accounts, while top trader long/short ratio accounts stand at 2.59. While this is bullish, traders will be looking to hold the support at $0.08 for a sustained recovery. Where is DOGE headed?
Where’s Dogecoin Headed?
Looking at Dogecoin’s daily chart, the price has recently fallen below the lower Bollinger Band support but is trying to close above it. This band at $0.09055 has historically acted as a strong support level.
However, Dogecoin is attempting to close above this level, suggesting that the bearish momentum may be weakening. If DOGE successfully closes above this support, the next resistance zone is near the middle Bollinger Band, which currently sits at $0.11565. 

Further, if the price can break above this level, it would shift the short-term market bias toward the upside, with the next major resistance lying at the upper Bollinger Band around $0.14027.
Meanwhile, the standard deviation indicator shows a value of 0.01231, which reflects Dogecoin’s price volatility over the last 20 periods. The relatively high value indicates that Dogecoin has been experiencing significant price swings. As the price attempts to close above the lower Bollinger Band, this volatility could decrease, providing an opportunity for Dogecoin to regain some upward momentum. 
Analyst Says Long-Term Target at $0.30
Elsewhere, analyst Crypto GVR, who has a following of 140.7K, recently shared his insights on Dogecoin spot analysis. He believes that the meme coin is positioning for a potential reversal within the price range of $0.075 to $0.094. 
Should this reversal occur, GVR suggests that Dogecoin could reach a long-term target between $0.20 and $0.30. To reach $0.30, Dogecoin would need to surge approximately 228.23% from its current price of $0.0914.
#CryptoNewsFlash

#Solana shows short-term recovery amid recent price decline, holding support levels as futures flows suggest potential for a market reversal.
The Solana (SOL) market has seen a 12.6% drop in its price within the last 24 hours amid the broader downturn that saw Bitcoin fall to $60,000. With Solana currently priced at $79.71, it has traded within a 24-hour range of $70.61 to $92.81. Despite this drop, the token has managed to remain above the key $70 price level.
Notably, Solana’s market cap stands at $45.1 billion, down over 10%. The 24-hour trading volume is notable at $14.2 billion, up 70%, reflecting surging activity in the market. Solana has also struggled over the past 30 days, showing a 42.6% decline and a notable 34.96% loss year-to-date.
Amid this massive decline, the coming hours will reveal if the 12.6% drop signals a larger bearish trend or just a brief setback.
Will Solana Fall Further or Reverse?
Looking at the #Solana technical chart, the recent candlestick chart shows a sharp decline, but the price appears to be stabilizing near $80. If Solana breaks below this point again, traders could see another decline toward the next support levels around the $70 range.

Overhead resistance exists around the 50-period EMA at $123.30. The chart indicates that Solana has been moving away from this level recently, with price action pushing lower after attempts to stay above it. Any significant price movement above this could signal a potential bullish reversal toward the $136 level at the 100-period EMA. Until the price breaks above this point, downward pressure is likely to remain in play.
Looking at the Stochastic Oscillator, the current reading shows that Solana is in an oversold territory, with the value at 21.37. This could indicate that the asset may be due for a potential bounce, especially if buying pressure begins to rise. 
If the Stochastic value moves toward the 50 region, it will confirm that Solana is regaining bullish momentum, but until then, caution is advised as prices may continue to test lower levels.
Solana Futures Show Short-term Recovery
Elsewhere, the data presented on Solana futures flows indicates a short-term recovery in market sentiment. In the past hour, Solana has seen a net inflow of $51.46 million, reflecting a 79.77% change.

The 4-hour and 8-hour data show even more notable increases, with $78.26 million and $105.84 million in net inflows, respectively. These inflows correspond to a growth of 202.05% over the last 4 hours and 157.54% in the past 8 hours.
However, the longer-term outlook remains mixed. Over the last 12 hours, net inflows have dropped by $94.57 million, and in the past 24 hours, net outflows of $231.55 million have emerged. This could suggest that while there is a short-term rebound, caution is advised for long-term traders as the market shows some volatility.
The 3-day and 5-day data reinforce this mixed outlook, with net outflows of $629.11 million over the last 3 days and $572.66 million over the past 5 days. 
#CryptoNewsFlash

#Dogecoin is holding critical support, with key resistance levels at higher price zones, while analysts watch for a potential recovery.
The Dogecoin (#DOGE ) market continues to display mixed performance, with the coin struggling to find strong momentum despite the slight recovery observed in the last 24 hours. The memecoin’s price rose by 0.04%, now trading at $0.10825. Dogecoin’s price has fluctuated within a narrow range of $0.107 to $0.109, showing cautious market sentiment. 
Meanwhile, trading volume on the spot market sits at $501.67 million, with futures trading at a much higher volume of $3.38 billion, indicating the active participation of leveraged traders in this period of consolidation.
Further, Dogecoin has been under pressure on the performance side, down about 27.55% in the past 30 days and 7.78% year-to-date. However, there is still significant bullish sentiment in the market, as reflected in the long/short ratios.
The long-to-short ratio on Binance stands at 2.62, indicating more long positions in Dogecoin as traders maintain optimism about its future price movement. The key resistance zone around $0.11 continues to cap price advances, but with continued long interest, Dogecoin may find the strength to challenge this barrier. What’s next for DOGE?
Where’s DOGE Headed?
The chart for #Dogecoin indicates a current price with support at the $0.095 zone. The price has recently been trading near the lower daily range, suggesting consolidation in a downward trend. The recent trend has been confirmed by the Parabolic SAR indicator, which sits above the price, reinforcing the bearish sentiment.

On the upside, resistance exists at the $0.115 level, marked by the dotted lines of the Parabolic SAR, which suggests that price would need to break through this level to initiate an uptrend. The next strong resistance could be near the $0.12 mark, aligning with the previous price rejection points in early January.
Meanwhile, the Mass Index indicator is currently at 10.51, signaling widening volatility. This indicates that market fluctuations are increasing, and while the current trend remains weak, a potential reversal could be on the horizon. If Dogecoin holds above the support level at $0.095, there could be room for a short-term rebound. However, any break below this level would suggest further downside risk.
Dogecoin Already Holding Critical Support
Elsewhere, on X, analyst BitGuru shared his insights on Dogecoin’s current market action, emphasizing that Dogecoin is holding a critical support zone between $0.105 and $0.110. This area became significant following a liquidity sweep, and BitGuru stressed the importance of maintaining this base to attempt a recovery. If this support holds, Dogecoin could be poised for a move upward.

Key resistance levels exist near $0.135 and $0.150, marking potential upside targets if the price successfully breaks through the immediate resistance and begins a stronger recovery trend.
#CryptoNewsFlash

#Dogecoin remains under bearish pressure, but long-term indicators show a setup that previously preceded major upside cycles. Where next?
Notably, Dogecoin (#DOGE ) remains under modest selling pressure, slipping 1.5% over the past 24 hours to trade around $0.1032. The meme coin moved within a tight intraday range, holding above a low near $0.1001 while facing resistance around $0.1065, reflecting choppy and indecisive price action.
Despite the short-term dip, DOGE has shown relative strength against Bitcoin, gaining about 0.6% on the DOGE/BTC pair, even as broader performance remains weak. However, Dogecoin has seen losses of roughly 15% over the past week, 18.5% over 14 days, and more than 27% in the last month.
Can DOGE Bulls Defend Next Support?
Dogecoin is trading above the $0.103 area, which is now acting as the immediate support after the latest sell-off. The long lower wick on the most recent candle suggests buyers are attempting to defend this zone, but the structure remains fragile.
If this support fails to hold on a daily closing basis, the next downside area to watch sits around the psychological $0.10 level, followed by a deeper support zone near $0.095.

On the upside, former breakdown zones have turned into clear resistance. Specifically, the first key resistance lies around $0.123, which aligns with the Parabolic SAR level and prior price congestion.
As long as DOGE remains below this area, rebounds will likely be corrective rather than trend-reversing. Above that, the $0.135–$0.15 region represents a stronger resistance band, where selling pressure previously intensified during January’s failed recovery attempts.
Momentum indicators continue to favor the bears. The Parabolic SAR dots remain positioned above price, confirming that the prevailing trend is still bearish. Additionally, the Awesome Oscillator is firmly in negative territory and expanding lower, signaling strengthening downside momentum.
Until the AO begins to flatten or flip back toward positive territory and price reclaims the SAR level, Dogecoin remains vulnerable to further downside despite short-term support attempts.
Dogecoin’s PMO Repeats Previous Bullish Pattern
In related market commentary, analyst Trader Tardigrade highlighted a long-term historical signal on Dogecoin’s weekly chart tied to the Price Momentum Oscillator (PMO). According to the analyst, previous instances where the PMO dropped to similarly low levels preceded major upside cycles.

These include a rally of roughly 21,000% between 2015 and 2018 and another advance of about 800% from 2022 to 2024. With the PMO once again hovering near these historical troughs, Trader Tardigrade suggests Dogecoin may be approaching another critical inflection point, possibly targeting $1.15-$1.8. To reach $1.80, Dogecoin must surge by approximately 1,644% from the current price of $0.1032.
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