Crypto Price Today: Bitcoin at $113,900, Ethereum Steady Around $4,100

Solana, BNB, Cardano, Shiba Inu, and Dogecoin also show solid momentum as the market turns bullish again

The cryptocurrency market showed steady momentum on October 28, 2025, with most major digital assets trading in the green after a brief correction earlier in the month. Bitcoin is trading near $113,900, Ethereum around $4,100, XRP close to $2.63, Solana at $201.5, BNB around $1,139.8, Cardano near $0.664, Shiba Inu at $0.00001032, and Dogecoin close to $0.1994. 

These prices reflect the current trend of cautious optimism among traders, as both retail and institutional investors closely watch global economic cues and on-chain developments.

Bitcoin: Holding Strong Above $110,000

Bitcoin continues to dominate the market, staying above the $110,000 mark after facing some selling pressure earlier in October. The world’s largest cryptocurrency has been moving between $113,000 and $116,000 in recent trading sessions. Analysts point to a positive trend, with Bitcoin recently crossing above its 50-day moving average, which is often viewed as a signal of short-term strength.

Market experts believe that improving global trade relations, especially between major economies, has supported riskier assets like cryptocurrencies. Institutional investors have also shown renewed interest, as Bitcoin remains an important hedge against inflation and economic uncertainty. However, volatility remains high, and any shift in global sentiment could quickly affect Bitcoin’s direction.

Ethereum: Boost from Layer-2 Growth and Network Demand

Ethereum is trading near $4,100, recovering from earlier dips. The rise in network activity and the expansion of Layer-2 scaling solutions have contributed to its current strength. Developers continue to focus on improving transaction efficiency and reducing fees, which has drawn more users and projects to the Ethereum ecosystem.

On-chain data shows increasing activity, particularly in decentralized finance (DeFi) and non-fungible token (NFT) platforms. These developments have helped maintain a steady demand for ETH. Some analysts believe that if Ethereum continues to sustain this level of activity, its price could attempt to break through higher resistance levels in the coming weeks.

XRP: Supported by Institutional Buying and Legal Clarity

XRP has been one of the standout performers this month, trading at around $2.63. The surge follows recent news about a Ripple-backed company planning to go public and accumulate a large amount of XRP. This announcement has created strong buying interest and optimism about future institutional adoption.

Ripple’s continued progress in legal and regulatory matters has also given investors confidence. Many market watchers see XRP’s growing use in cross-border payment systems as a long-term positive sign. If institutional buying continues, XRP could maintain strong support above the $2.50 level, with room to grow further.

Solana: Recovering with Ecosystem Expansion

Solana, currently trading near $201.5, has recovered well after a volatile start to the month. The network continues to gain attention for its high-speed transactions and growing ecosystem of decentralized apps. Developers and investors have shown confidence in Solana’s technology, especially as new projects and updates improve its scalability.

Despite occasional concerns about network outages in the past, Solana’s team has been working to enhance stability and reliability. Its growing popularity in decentralized finance (DeFi) and NFT marketplaces supports the price momentum, although short-term volatility remains possible due to market-wide sentiment shifts.

BNB: Price Boost from Major Token Burn

BNB, the native coin of Binance, is trading around $1,139.8, following a strong upward move after the exchange’s latest quarterly token burn. The recent burn destroyed tokens worth about $1.69 billion, reducing the overall supply and helping drive prices higher.

Token burns are a key part of BNB’s economic model, as they help create scarcity over time. Traders reacted positively to this event, and BNB saw increased trading volume in the days following the announcement. While supply reduction provides short-term support, future price action will depend on broader market demand and activity within the Binance ecosystem.

Cardano: Stable but Waiting for Momentum

Cardano (ADA) is trading around $0.66, showing limited movement compared to other top cryptocurrencies. The project continues to focus on long-term development, including on-chain governance features and smart contract enhancements. These updates are expected to strengthen its ecosystem, but adoption remains slower than some competitors.

Cardano’s community remains optimistic about the blockchain’s potential, but investors are waiting for more signs of real-world use cases to drive higher demand. For now, ADA appears to be in a consolidation phase, mirroring the broader market’s cautious tone.

Shiba Inu and Dogecoin: Meme Coins Regain Buzz

Among meme coins, Shiba Inu (SHIB) is trading near $0.00001032, while Dogecoin (DOGE) holds around $0.1994. Both tokens have benefited from increased social media attention and renewed interest from retail traders.

Dogecoin’s price has climbed nearly 8% in the past week, with analysts predicting potential further gains if market sentiment remains positive. Shiba Inu’s developers continue to burn tokens and expand ecosystem utilities such as the Shibarium network, which helps maintain community engagement. However, both assets remain highly volatile and are influenced more by hype and speculation than by fundamental factors.

Market Factors Influencing Crypto Prices

The current crypto price trends are shaped by a combination of macroeconomic factors, institutional moves, and on-chain developments.

Global market sentiment has improved as major economies show signs of cooperation in trade, encouraging investors to return to risk assets, including cryptocurrencies. Institutional strategies—such as large-scale token accumulation by companies and funds—are also supporting demand, particularly for coins like Bitcoin and XRP.

On the network side, events like token burns and protocol upgrades have contributed to positive sentiment. For example, Binance’s BNB burn and Ethereum’s ongoing network improvements both play key roles in their respective price movements.

Technical traders are also watching closely as several major cryptocurrencies hover near key moving averages. While these technical indicators suggest possible bullish momentum, the crypto market remains unpredictable, and sudden corrections are always possible.

Outlook for the Coming Weeks

As October draws to a close, the overall outlook for the crypto market appears cautiously optimistic. Bitcoin’s ability to hold above $110,000 and Ethereum’s strength near $4,000 suggest that investor confidence remains strong. Meanwhile, XRP and Solana continue to benefit from fundamental developments within their ecosystems.

However, the crypto market remains sensitive to changes in global economic conditions, interest rates, and regulatory policies. Any negative developments could lead to short-term price corrections. Long-term investors continue to view major cryptocurrencies as valuable digital assets, but short-term traders remain focused on volatility and technical signals.

Final Thoughts

The cryptocurrency market on October 28, 2025, reflects a balance between optimism and caution. Bitcoin, Ethereum, and BNB are leading the market, while XRP and Solana show strong momentum supported by institutional interest and network growth. Cardano continues to consolidate, and meme tokens like Dogecoin and Shiba Inu are riding waves of retail enthusiasm.

Although the market remains unpredictable, the steady inflow of capital, growing institutional participation, and ongoing technological progress suggest that the crypto sector continues to mature. For now, stability above key support levels indicates confidence among investors, setting the stage for potential new highs if favorable conditions persist.