Skip to main content

XRP Eyes $3 as Futures Surge and SEC Case Nears Resolution




---

XRP Sees 8.6% Weekly Surge Amid Market Rally and Legal Optimism

XRP is gaining momentum once again, recording an 8.60% rise over the past seven days as the broader crypto market enjoys a renewed rally. Positive developments in Ripple’s long-standing legal battle with the U.S. Securities and Exchange Commission (SEC) are also fueling investor optimism. All signs point toward a bullish breakout, with open interest data showing growing confidence in XRP’s future.

Futures Market Signals Strong Investor Confidence

Data from CoinGlass reveals that XRP’s open interest surged by 5% in the past 24 hours alone. Traders have now committed 1.99 billion XRP—valued at a staggering $4.74 billion—into futures contracts, reflecting strong faith in the asset's trajectory.

Notably, Bitget leads the pack in XRP open interest, holding 28.27% of the total, which translates to 564.63 million XRP valued at approximately $1.34 billion. Gate.io follows with 325.34 million XRP ($774.51 million), while Binance and Bybit trail closely behind with 321.97 million XRP and 318.64 million XRP, respectively.

These figures highlight just how much institutional and retail investors are betting on XRP’s continued rise, especially as legal clarity draws closer.

XRP Holds Steady Despite Volume Decline

At the time of writing, XRP is trading at $2.39, up a modest 0.16% in the last 24 hours. The cryptocurrency recently attempted to break past the $2.50 mark but met resistance around $2.42. This resistance is likely tied to a notable drop in trading volume, which fell by 37.50% to $4.27 billion.

Still, XRP remains on an upward path and is now eyeing the $3 milestone. A volume rebound could be the catalyst that propels the asset toward this target.

Legal Breakthroughs and ETF Rumors Add Fuel

The prolonged SEC vs. Ripple case may be nearing its end, with many anticipating a settlement or favorable ruling for Ripple. Investor sentiment is being further bolstered by rumors of a potential XRP exchange-traded fund (ETF). Notably, BlackRock representatives have reportedly met with the SEC, sparking speculation that the asset management giant may be preparing to file for an XRP ETF.

With legal clarity potentially on the horizon and institutional interest heating up, XRP is positioning itself as a key player in the next phase of crypto growth.




Labels:

Comments

Post a Comment

Popular posts from this blog

$4.7 Billion Satoshi-Era Bitcoin Whale Awakens After 14 Years

  Satoshi-Era Wallet Moves 40,009 BTC: Is a Sell-Off Coming or Something Bigger? Introduction: In a stunning turn of events, a dormant Bitcoin wallet believed to be from the early "Satoshi era" has suddenly come to life. On July 15, 2025, this wallet moved a staggering 40,009 BTC—valued at roughly $4.7 billion—to centralized platforms, including Galaxy Digital. The action has shocked the crypto world, as the wallet hadn’t been active since 2011. As speculations fly about the intent behind this massive transfer, blockchain analysts are closely tracking the movement. Is this a precursor to a historic Bitcoin sell-off? Or is there a deeper strategy in play? Let’s explore the details of this intriguing development. Historic Bitcoin Whale Moves Over $4.7 Billion The reactivation of the old Bitcoin wallet has generated major headlines. Known for being part of the "Satoshi era," which refers to the early years of Bitcoin (2009–2011), this whale wallet remained...
Post a Comment
Read more

Australia’s Project Acacia Moves Ahead: RBA Expands Testing for CBDC and Tokenized Assets

  RBA’s Digital Currency Pilot Enters Next Phase with 24 New Use Cases Introduction: A New Chapter in Australia’s Digital Currency Journey Australia has taken a bold step toward the future of finance with the expansion of Project Acacia, the Reserve Bank of Australia’s (RBA) pilot initiative for exploring central bank digital currencies (CBDC) and tokenized assets. As global interest in digital currencies and blockchain-backed assets continues to grow, this project marks a significant milestone for the country’s digital finance infrastructure. In this latest phase, the RBA aims to evaluate real-world use cases involving digital assets, in collaboration with major banks, fintechs, and regulators. With a total of 24 different test scenarios, Project Acacia is expected to offer valuable insights into how digital currencies can integrate with Australia’s financial markets. What is Project Acacia? Project Acacia is a collaborative effort led by the Reserve Bank of Australia...
Post a Comment
Read more

GaFin and Decimated Forge Next-Gen Web3 MMO Experience

Post-Apocalyptic Blockchain Gaming Reimagined with Unreal Engine 5 Introduction: The world of online gaming is entering a revolutionary phase where blockchain meets gameplay, and community-driven ecosystems are reshaping the future of entertainment. Two major players in this space—GaFin, a Web3 gaming infrastructure leader, and Decimated, a high-octane post-apocalyptic MMO—have announced a groundbreaking collaboration. This partnership aims to blend stunning Unreal Engine 5 visuals, immersive storytelling, and blockchain-powered mechanics with GaFin’s advanced tools and decentralized infrastructure. As the global gaming industry shifts toward decentralized models, partnerships like this mark the next big wave in interactive entertainment. Gamers can now expect a thrilling survival MMO experience that offers asset ownership, real-time decision-making, and cross-platform engagement—all within a brutal, dystopian landscape. Decimated: The Future of Post-Apocalyptic MMO Gaming ...
Post a Comment
Read more