Bernstein points to Figure’s expansion beyond home equity lending into blockchain-based credit, as tokenization begins to scale across broader loan markets. Shares of Figure Technology Solutions have risen nearly 10% over the past month, but the stock still appears undervalued as the company pivots beyond its roots as a fintech lender, according to Bernstein. In a Tuesday research note, the firm reiterated its “Outperform” rating on Figure (FIGR), with a $67 price target, implying roughly 67% upside from current levels, and maintained its previous outlook. Read more
XRP price broke out of a multi-month bull flag, while other chart technicals are also supporting more upside in the near term. XRP (XRP) is currently displaying a technical pattern that follows a 2025 fractal that produced 66% gains. The daily chart shows XRP price breaking out of a bull flag, which can also result in massive gains. Key takeaways: Read more
Kaiko said open interest, funding rates and wallet activity showed repeated pre-announcement positioning before several Robinhood token listings. Open interest in perpetual futures markets and onchain trading patterns suggest some traders may have positioned ahead of Robinhood crypto listing announcements, according to a Monday report from analytics provider Kaiko. One of the clearest examples was wallet address '0xa1E,' which Kaiko said opened a long position on Lighter (LIT) on decentralized exchange Hyperliquid at 11:05 am UTC on Jan. 15, about an hour before Robinhood announced the token’s listing at 12:12 pm The wallet closed the position at 1:00 pm, shortly after the announcement. Kaiko said the same address later opened a short position on a HOOD-linked perpetual contract on April 28, hours before Robinhood reported first-quarter revenue that missed analyst expectations. The trader closed the short later that day after HOOD moved lower. Read more