Standard Crypto leads $140m raise for Walrus Foundation
Standard Crypto has backed a $140 million raise for Walrus Foundation, an organization looking to build a highly scalable decentralized storage solution on Sui.
The Walrus protocol is a blockchain-based data storage platform currently in testnet . Per details in a announcement , the funding from a private token sale will help Walrus Foundation to scale the data storage network on Sui ( SUI ).
“This investment is a significant milestone to redefine decentralized storage. By leveraging Sui’s unique architecture, we’re making storing data programmable, interactive, and secure,” Rebecca Simmonds, managing executive of Walrus Foundation, said in a statement.
Walrus plans to capitalize on the rising demand for programmable storage across the market, which it can now pursue following this capital injection, Simmonds added.
The Sui-based platform, developed by Mysten Labs, is gaining traction as developers and projects tap into its solution for on-chain and off-chain data management. Any application can leverage Walrus to publish, read, and program data files, using Move-based smart contracts.
Combining storage, availability, and decentralized computing means users have access to a solution that vastly improves on what legacy storage solutions offer.
According to the Walrus team, storage goes beyond just storage—it’s about being “dynamic, verifiable, and programmable.” The use of artificial intelligence datasets, blockchain history, and rich media all come into play with Walrus.
Standard Crypto co-founder and managing director Adam Goldberg said in a comment:
“We’ve been backers of Mysten Labs since the very beginning and, inspired by their ability to transform research breakthroughs into breakout products, we’re thrilled to deepen our partnership through a new investment in Walrus.”
Walrus’ $140 million raise also attracted several top crypto venture capital firms, including a16z crypto, Electric Capital, Franklin Templeton Digital Assets and Comma3 Ventures.
As well as the funding news, Walrus Foundation revealed the Walrus protocol’s mainnet is set to go live March 27, 2025.
XRP Price Prediction: Can XRP Price Reach $10 after FOMC Meeting?
XRP has remained a key player in the crypto market, despite volatility and regulatory challenges. With renewed momentum and growing adoption worldwide, analysts are now speculating whether XRP could reach $10 , the highly anticipated mark. While this would require a significant rally, technical indicators, and market trends suggest that such a surge might not be out of reach. With the FOMC today, which could boost positive trends, can the XRP price reach $10? What are the factors that could drive the XRP price to $10 ?
Several key factors could influence XRP’s potential surge to $10 :
XRP’s core use case revolves around cross-border payments, and increasing institutional adoption of Ripple’s technology could significantly boost demand for XRP. Banks and financial institutions leveraging RippleNet and ODL (On-Demand Liquidity) could drive transaction volumes, positively affecting XRP’s value.
One of the biggest obstacles for XRP has been regulatory uncertainty. However, as Ripple continues to make legal progress—particularly in its case against the SEC (U.S. Securities and Exchange Commission)—investor confidence could strengthen. A favorable legal outcome could unlock greater institutional investment and liquidity for XRP.
Bitcoin and Ethereum have historically influenced the price movements of altcoins like XRP. If Bitcoin reaches new all-time highs, it could trigger a broad altcoin rally, pushing XRP higher. Moreover, a return to bull market conditions could see XRP revisiting its 2017-2018 highs and surpassing them.
Unlike many cryptocurrencies with high inflationary models, XRP has a fixed supply of 100 billion tokens, with a significant portion held in escrow and gradually released into the market. As demand grows, this limited supply could act as a catalyst for price appreciation.
While the road to $10 will not be easy, technical indicators and fundamental developments suggest that it is possible. XRP has previously demonstrated the ability to make rapid price movements, such as its meteoric rise to $3.84 in 2018. With the right combination of adoption, bullish sentiment, and favorable market conditions, XRP could break past its previous highs and move toward double-digit territory.
Several crypto analysts have presented bullish forecasts for XRP, citing historical patterns and technical setups that indicate a potential rally. One notable prediction comes from a renowned crypto analyst, who believes XRP could see a major breakout, with price targets ranging from $3 to $10 in the coming months. His analysis is based on historical fractals, market cycles, and Fibonacci retracements that align with previous bullish movements in XRP’s price history .
Another respected analyst has pointed to key resistance levels that XRP needs to overcome before a sustained rally. According to his analysis, once XRP surpasses $3.40, it could trigger a breakout that propels the cryptocurrency toward $5, $7, and eventually $10. With the FOMC meeting happening today, based on previous historical events, and the first FOMC meeting of January which boosted the market before, chances are high for the market to surge, and for XRP to reach new highs.
Despite its bullish outlook, XRP faces crucial resistance zones that must be broken to validate a strong uptrend. The most immediate hurdles include:
If XRP successfully breaches these levels with strong volume, it could set the stage for a parabolic rally toward double-digit prices.
XRP’s price outlook remains bullish, with analysts identifying a clear path to $10. While resistance levels and market conditions will play a crucial role in determining the speed of this potential rally, the combination of institutional adoption, regulatory clarity, and bullish technical setups could propel XRP into a new price era. Investors should keep a close eye on key resistance levels and broader market trends to assess XRP’s long-term trajectory .
RWA Market Hits Record $240 Billion: The Tokenization of Everything?
The market for tokenized real-world assets (RWAs) has just smashed through the $240 billion mark, according to data from Messari, a crypto market intelligence platform.
The analysts at Messari pointed out that this asset class has seen some serious growth over the past five years, with a pretty consistent upward trend despite a few dips along the way.
Messari’s chart on RWA market capitalization shows that this whole sector was practically non-existent back in 2020. It saw its first big jump during the crypto bull run of 2021-2022. When the bear market hit, the flow of money into RWAs slowed down, just like everywhere else in crypto.
But even with the big market crash, RWAs held their ground and then started gaining momentum again in 2023, setting the stage for the current bull cycle.
Related: XRPL Adoption Surge From RWAs to Make XRP the Dominant Crypto Asset—Analyst
It is crucial to note that the over $240 billion market cap recorded by the RWA digital assets sector is an accumulation of capital inflow in various individual projects.
Looking at CoinMarketCap’s data , Chainlink is currently at the top in the RWA space. At the time of writing, Chainlink’s market cap was a hefty $9.3 billion, making it the most valuable RWA platform out there.
Hedera’s $8 billion market cap at the time of writing qualified it as the second-highest capitalized RWA platform, ahead of Avalanche and MANTRA in third and fourth place rankings. Both platforms had market capitalizations of $7.98 billion and $6.78 billion at the time of writing.
Related: MANTRA Holds Top Spot in RWA Market as Ondo and Maker Trail
The surge in the RWA market cap highlights the asset class’ increasing adoption level and the relevance of Web3 implementation in mainstream finance.
Many analysts believe RWAs will play a significant role in the emerging technology era. They consider the sector one of the ideal avenues for incorporating blockchain and cryptocurrency into humankind’s day-to-day activities.
For those who might be new to the term, Real-World Assets (RWAs) in crypto are basically tangible assets—think things like real estate, commodities, and traditional financial assets—that have been turned into digital tokens on a blockchain.
This allows for easier ownership and can make these assets more liquid.
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