After four days of losses, XRP has retreated to a crucial resistance-turned-support level at $2.17. Even though the downward trend has persisted, there are indications that it might be abating, indicating that a big change in the mood of the market may be imminent.

The SEC has taken a key step toward approving a spot Litecoin ETF, while Solana sees record-breaking growth and Remittix aims to disrupt the $190 trillion payment sector. #partnercontent

XRP whales seized the recent market dip to accumulate 520 million tokens. The question now is whether this is part of a larger accumulation trend or just an isolated event.

It seems we've entered an alternate reality because the SEC (Securities and Exchange Commission), previously firmly anti-crypto, has now acknowledged multiple altcoin ETF (exchange-traded fund) applications at once. Namely, the regulator made an update on Grayscale's Solana ($SOL) ETF, which it had rejected last year after calling the asset a security.

The XRP whale investors accumulated over 520 million coins in the recent correction, as US fund managers prepare to offer spot XRP ETFs in the near future.

The firm said Solana's share in the smart-contract platform market may expand from 15% to 22% this year.

SOL nears crucial breakout challenging the descending channel. A break above $200 could drive prices to $216.90 and beyond, while failure may lead to retesting $173.42.

A step signals potential approval amid growing expectations for crypto-friendly regulations.

The Cboe BZX Exchange has submitted form 19b-4 filings to the US Securities and Exchange Commission (SEC) to list and trade spot XRP exchange-traded funds (ETFs) for several asset managers.

It's no secret that investing in cryptocurrency can be a great way to build wealth, even if it requires a lot of risk tolerance and the ability to ride out periods of considerable volatility. For instance, if you invested $2,000 in Solana (SOL -3.34%) in February 2021, you would be sitting on about $75,500 today.

XRP trading at $2.45 shows technical consolidation patterns while experiencing increased institutional adoption through Bank of America's implementation of Ripple technology, with analysts identifying $2.00 as a key entry point for potential upward movement.

Is this just a temporary dip, or is XRP gearing up for a parabolic rally?

VanEck forecasts SOL to reach $520 by end of 2025, driven by projected M2 money supply growth to $22.3T and Solana's expected market share increase to 22% of the smart contract platform market.

The crypto market has always been marked by periods of extreme volatility, where panic and opportunities intersect in an instant. Indeed, the recent crash on February 3rd once again illustrated this reality.

In a major move for Solana, the U.S. Securities and Exchange Commission has formally acknowledged Grayscale's revised application for a spot Solana exchange-traded fund. On Feb.

The Ripple whales are making headlines in the latest XRP news with their continuing buying trend. According to data, the whales have bagged more than 500 million tokens amid the recent price dip, indicating the still bullish momentum hovering in the market.

The crypto market continues displaying mixed price action, highlighting increasing uncertainty. Moreover, top crypto tokens have plunged below their important support levels. With this, the Ripple token recorded a similar price action, resulting in increased bearish sentiment.

This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The Monday crash took crypto by surprise during a historic liquidation event.

XRP's price continued to remain under severe pressure on Friday. At the time of writing, XRP price was down over 6%, trading at $2.30 after hitting an intraday low of $2.29 and a high of $2.46. The coin has seen a weekly decline of around 25%.

Ethereum has been struggling to keep pace with Bitcoin and Solana.

Pudgy Penguins recently burned over $150 million in unclaimed Solana tokens after ending its PENGU token claim earlier than expected.

The U.S. Securities and Exchange Commission (SEC) took another groundbreaking step by acknowledging NYSE Arca's filing to list and trade the Grayscale Solana Trust proposal.

Bitcoin's price has dropped almost 9% over the last week, leading to a broader downturn across the crypto market.

The cryptocurrency market is experiencing a strong downturn today, with the global market capitalization shrinking to $3.26 trillion after a 3.76% drop in the past 24 hours. Trading volume, however, has increased by 3.72%, reflecting growing market activity amid selling pressure.

Grayscale Investments has submitted a request to the SEC to transform its Grayscale Litecoin Trust (LTCN) into an ETP.

Solana's total value locked (TVL) increased 64% to $8.6 billion in Q4 2024, surpassing Tron, while Solana DEX volume averaged $3.3 billion daily. The post Solana's DeFi, NFTs, and Institutional Adoption Drove 213% Revenue Growth in Q4 2024 – Messari appeared first on Cryptonews.

Financial markets have their prophecies, and those of the crypto world are no exception. Indeed, when a $100 billion asset manager like VanEck makes an ambitious prediction such as Solana (SOL) rising to $520 by the end of 2025, the crypto ecosystem stops, observes, and analyzes.

At the ONDO Finance Summit 2025, Ripple's Chief Technology Officer (CTO), David Schwartz, shared his thoughts on the future of Ripple, the broader cryptocurrency space, and the company's ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).

VanEck predicts M2 money supply will grow to $22.3 trillion by 2025 from the current $21.5 trillion, boosting crypto markets and top tokens such as SOL.

On Thursday, the Chicago Board Options Exchange (Cboe) initiated a pivotal regulatory step by submitting 19b-4 filings to the U.S. Securities and Exchange Commission (SEC) on behalf of four prominent asset management entities—Bitwise, Wisdomtree, 21shares, and Canary Funds—to advance proposals for spot XRP exchange-traded funds (ETFs).

XRP is eyeing a potential golden cross against Bitcoin, with a Fibonacci extension price target that could push its value to a new all-time high of $5. While the market for altcoins, including XRP, has been challenging, the cryptocurrency is showing signs of strength.

Solana has risen to become the second-largest blockchain by DeFi TVL (surpassing Tron), while its app revenue saw an impressive 213% quarter-over-quarter surge.

Ripple's XRP is currently down by more than 23% in the last seven days and is now trading below the $2.40 mark. The altcoin last traded above the $3 mark on February 1. XRP is now trading within a broader sideways range.

The US Securities and Exchange Commission (SEC) has officially recognized the 19b-4 filings submitted by the New York Stock Exchange (NYSE) to list and trade the Grayscale Solana and Litecoin exchange-traded fund (ETF).

Spot-based XRP exchange-traded funds (ETFs) are gaining significant traction in the U.S., with Chicago-based CBOE filing 19b-4 forms on behalf of Bitwise and Canary Capital.

The SEC's recent acknowledgment of Grayscale's spot Solana ETF application hints at the potential approval for the first Solana-based ETF in the US.

A prominent Bitcoin maximalist, known as “Bitcoin Dad,” has fueled controversy with a bold prediction for XRP's future, suggesting that by 2035, the digital asset's price will plummet to nearly zero. The prediction comes as a part of the ongoing rivalry between Bitcoin proponents, often called “maximalists” or “maxis,” and XRP holders.

SEC faces legal pressure over crypto conflicts probe. If the agency withdraws its appeal, XRP could skyrocket past its all-time high.

Crypto analyst ProjectSyndicate has made a bullish case for the XRP price, which he predicts could record 40% gains soon enough. The analyst also revealed the price level, which he believes is ideal for market participants to buy and hold XRP.

Melea is being accused by Stakewiz, a validator monitoring service, of unethical practices. According to a tweet from Solana validator Stakewiz, “MEV rewards now account for ~4% of the 11-12% APY stakers on Solana can earn.

The global custody market is booming, projected to exceed $100 billion by 2033, with crypto driving demand for secure, compliant, and scalable custody solutions, Ripple says. Crypto Custody Is Booming: Ripple Unveils the Blueprint for Custodian Success Ripple published insights on Feb.

The CBOE BZX exchange has officially filed with the SEC to list and trade spot XRP ETFs, signaling major progress in the crypto ETF landscape.

XRP price struggled to continue higher above the $2.75 zone and recently corrected gains. The price is moving lower and might struggle to stay above $2.250.

The SEC is accepting comments on the proposal for 21 days following its publication in the Federal Register.

Solana's real economic value jumped 319% QoQ, pushing TVL above $12B. As SOL price trends upward, will the momentum continue?

Ripple's XRP has once again found itself in the spotlight, but this time for a more negative reason. Recently, the Hong Kong Securities and Futures Commission (SFC) released its highly anticipated list of approved cryptocurrencies for trading, but XRP was noticeably absent.

Ripple's XRP continues to capture attention within the cryptocurrency market. Despite some recent setbacks, the cryptocurrency shows potential for a significant price surge, according to Elliott Wave analyst Dark Defender.