XRP exchange-traded funds posted $3.56 million in net outflows this week, ending a two-week stretch of gains. The prior two weeks recorded modest net inflows of $636K and $2.66 million, but stronger institutional selling pressure flipped flows negative. XRP is trading near $1.30, down 2.02% over the past seven days. The token remains range-bound between $0.87 and $1.35, with broader crypto-market volatility leaving little evidence of an imminent rebound.

UPDATE: Roughly 2.89 million $ETH are queued for staking, with an estimated wait time of about 50 days. At the same time, demand to unstake $ETH remains muted, with few holders looking to exit.

Algorand has moved to the center of the crypto market's quantum security conversation after a Google Quantum AI research paper cited the network as a live deployment of post-quantum cryptography. The mention intensified focus on Bitcoin and Ethereum, where scale, legacy design choices, and governance realities could make a future shift to quantum-resistant systems slower and harder to coordinate. Traders treated the paper as third-party validation of work Algorand has already been rolling out, helping lift its native token sharply over the past week. CryptoSlate data show ALGO up roughly 50% to about $0.12 at press time, rebounding less than a week after hitting an all-time low near $0.08. Google's paper did not claim Algorand is fully quantum-safe end to end. The network's core consensus and standard transactions still depend on Ed25519, which would be vulnerable in a sufficiently capable quantum scenario. The distinction, though, is that Algorand has moved beyond theory in areas that matter for real-world deployment. Algorand has implemented Falcon digital signatures for smart transactions and state proofs, the cryptographic attestations used to verify blockchain state across chains. Falcon verification is also available as a building primitive on the Algorand Virtual Machine, giving developers working tools rather than a long-dated roadmap. The network processed its first post-quantum-secured transaction in 2025, and it supports private-key rotation for accounts, a feature that does not remove the threat but can make future migrations easier to manage. For Bitcoin, the paper underscores both a cryptography problem and a migration problem. It estimates that a quantum computer with fewer than 500,000 physical qubits could break the elliptic-curve cryptography used to secure Bitcoin wallets, far below earlier estimates in the millions. Google's Willow chip remains well short of that threshold, but the revised figure has renewed scrutiny of how quickly risk could materialize if progress accelerates. The paper also points to a major legacy exposure: older Pay-to-Public-Key addresses that keep public keys visible on-chain. It estimates about 6.7 million BTC sit in such addresses, including coins long associated with Bitcoin creator Satoshi Nakamoto. Any upgrade path is further complicated by Bitcoin's emphasis on backward compatibility and its cautious approach to base-layer changes, making coordination and governance as critical as the underlying math. Ethereum's exposure is described as broader. After an Ethereum account sends a transaction, the public key tied to that account becomes permanently visible on-chain. The paper estimates that the top 1,000 Ethereum wallets, holding roughly 20.5 million ETH, could be exposed under a sufficiently advanced quantum attack. It also identifies at least 70 major contracts with administrator keys visible on-chain, which can control system-critical permissions such as stablecoin minting authority. The paper argues the attack surface extends beyond wallets and admin keys. Ethereum's proof-of-stake validator set, major Layer 2 networks, and elements of its data-availability architecture rely on cryptographic components it describes as vulnerable. With roughly 37 million ETH staked and a large share of activity flowing through rollups and bridges, any serious post-quantum transition would need to reach users and validators as well as the broader application and scaling stack built on top of the base layer. The story 'Algorand just jumped 50% after a Google flags quantum risk for Bitcoin and Ethereum' was originally published by CryptoSlate.

Shiba Inu's layer-2 network Shibarium has entered a reset phase after a steep drop in visible on-chain activity, a move tied to ongoing infrastructure upgrades and backend reorganization. Network data shows Shibarium logged 557 transactions in the past 24 hours, down from 10,940 recorded on March 26—a decline of about 94%. The fall has sparked attention across the crypto market, but it does not necessarily signal a collapse in real usage. A large share of recent activity appears to be automated, system-level processing rather than user-initiated wallet transfers. Many entries are marked "Value 0 BONE," suggesting internal operations meant to support the upgraded stack instead of token movement between participants. The Shibarium explorer is also being rebuilt following the latest upgrade. Current figures indicate only 86% of blocks have been indexed, leaving some activity temporarily missing from public records. Incomplete indexing is likely distorting on-chain metrics during the transition, as backend systems synchronize and recalibrate how data is surfaced. Market conditions are also shaping sentiment around SHIB. The broader crypto market has remained in a consolidation range since early February, keeping overall momentum muted even as some traders rotate into altcoins. As of writing, SHIB slipped 0.94% over 24 hours to $0.00000583. Trading volume rose 9.5% to $78.77 million, pointing to modest participation despite subdued conditions. The recent dip in Shibarium's visible transaction count reflects a reset tied to infrastructure work. As indexing approaches completion, reported transaction data is expected to normalize and provide a clearer view of network activity.

Ethereum has spent nearly a month trading around $2,000, with charts offering little clarity on a sustained rebound. Fresh on-chain signals, though, suggest a potentially constructive shift may be taking shape. In an April 4 post, pseudonymous analyst Darkfost said Ethereum's derivatives market is showing a regime change not seen since the last bearish phase, pointing to a recent turn in the "Net Taker Volume" metric. Net Taker Volume tracks the balance between market-buy and market-sell order volume in a crypto's derivatives market. Positive readings indicate buyers are dominating; negative readings signal heavier sell-side pressure. Citing CryptoQuant data, Darkfost noted Ethereum's Net Taker Volume has moved into positive territory by more than $104 million, the first such shift in the past three years. The analyst added that ETH faced strong selling pressure even as it rallied to record highs, but said the current change could help form a durable bottom and lay groundwork for a more bullish structure. Darkfost said a continued bid, paired with support from the spot market and ETFs, could allow Ethereum to resume a positive trend. US-listed spot Ethereum ETFs extended their weak streak, logging a third consecutive week of net outflows. Market data show more than $42.15 million was withdrawn over the past week. On Thursday, April 3, the products recorded total net outflows of over $71.12 million, underscoring softer investor demand. At the time of writing, ETH was trading around $2,058, up 0.6% over the past 24 hours.

Token Unlocks data cited by ME News shows several large token releases are scheduled for next week, including APT, BABY and LINEA. Aptos (APT) is set to unlock about 11.31 million tokens at 4:00 p.m. Beijing time on April 12, equal to roughly 0.68% of circulating supply and valued at about $9.5 million. Babylon (BABY) is scheduled to unlock about 612 million tokens at 6:00 p.m. Beijing time on April 10, representing around 37.77% of circulating supply and worth about $7.8 million. Linea (LINEA) plans to unlock about 1.38 billion tokens at 7:00 p.m. Beijing time on April 10, or about 5.32% of circulating supply, valued at roughly $4.5 million. RedStone (RED) will unlock about 40.85 million tokens at 0:00 Beijing time on April 7, accounting for around 13.89% of circulating supply and valued at about $4.2 million. Movement (MOVE) is set to unlock about 164 million tokens at 8:00 p.m. Beijing time on April 9, equal to roughly 4.92% of circulating supply and valued at about $2.9 million. io.net (IO) will unlock about 11.31 million tokens at 8:00 p.m. Beijing time on April 11, representing around 0.68% of circulating supply and valued at about $1.3 million. (Source: PANews)

EXPLOIT: Drift Protocol has been hit by an estimated $280 million hack following an infiltration that reportedly went undetected for months.

Ethereum and the broader crypto market are showing signs of stress. Prices have stayed marginally positive at times, but buyers have struggled to overpower persistent selling. Against that backdrop, Tom Lee's BitMine has drawn attention for increasing its Ethereum exposure. On April 4, BitMine added 40,000 ETH valued at $82.07 million, sourced from FalconX, an institutional crypto prime brokerage, according to Lookonchain. The purchase landed as the Crypto Fear and Greed Index remained in "Extreme Fear." The indicator has spent most of the period since mid-January below "Neutral," largely oscillating between "Fear" and "Extreme Fear," underscoring how some firms are positioning without waiting for sentiment to recover. In the Bitcoin market, a comparable accumulation playbook has been associated with Michael Saylor's Strategy, which holds 762,099 BTC. The approach has influenced other corporate buyers, including Metaplanet, Boyaa Interactive and American Bitcoin Corp. Following the latest addition, BitMine's ETH holdings total 4,732,082 ETH, worth about $9.69 billion. SharpLink ranks next with 868,699 ETH ($1.77 billion), followed by The Ether Machine with 496,712 ETH ($1.01 billion). ETHZilla is ranked seventh with roughly 69,802 ETH ($141.92 million), while Galaxy Digital ranks ninth with 29,200 ETH ($59.33 million). Across more than 30 entities tracked, total Ethereum treasury holdings stand at 6,733,596 ETH valued at $13.79 billion. On the market side, ETH was trading at $2,028.64, down 1.34% over the past 24 hours. Spot Ethereum [ETH] ETFs recorded outflows even as the new quarter began. On-chain data points to longer-term positioning. Net transfer volume to and from exchanges suggests investors have been moving ETH off exchanges despite price weakness. Separately, the Ethereum Foundation lifted its total staked ETH holdings to around $139 million over the past seven days, signaling continued long-horizon participation from large holders. Final Summary Even with sentiment stuck in "Extreme Fear," institutional buyers are continuing to accumulate. Exchange flow data continues to support a longer-term bullish read despite near-term price softness.