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The legal battle between Ripple and the US Securities and Exchange Commission (SEC) may be over, but the stream of interesting news surrounding the company is far from finished.
In this article, we dive into the latest developments and examine the price dynamics of XRP.Partnerships, SEC Case Update, and More
Ripple has recently taken center stage due to its involvement with other projects. Earlier this week, TRM Labs introduced Beacon Network (described as “the first real-time crypto crime response network).
Ripple reposted the news on its official X account, saying it is “proud” to be a founding member of the project. “Working with industry & law enforcement, Beacon helps stop illicit funds before they exit the blockchain,” the announcement reads.
Just a few days later, Ripplecollaboratedwith the Japanese financial giant SBI Holdings. The focus of the agreement is to distribute the company’s stablecoin RLUSD through the licensed subsidiary, SBI VC Trade.
“The introduction of RLUSD will not just expand the option of stablecoins in the Japanese market, but is a major step forward in the reliability and convenience of stablecoins,” said SBI VC Trade CEO Tomohiko Kondo.
This is not the first financial institution to get involved with Ripple’s product. Other well-known names that have previously supported it include the oldest bank in the USA,BNY Mellon, and the Swiss AMINA Bank.
What’s perhaps more intriguing is the latest development on the SEC vs. Ripple battlefront, where both parties have taken another important step to resolve their legal argument. The Second Circuit finallyapprovedtheir joint stipulation of dismissal.XRP Price Outlook
Ripple’s cross-border token had declined by almost 10% over the past week, dropping to under $2.8 amid a recent selling spree by whales.
However, the landscape changed yesterday evening after Jerome Powell’s speech at Jackson Hole. XRP, also fueled by the aforementioned update in the lawsuit against the SEC, flew from $2.8 to $3.1 within minutes before it settled at the current $3.05.
Before this price revival, the popular X user Ali Martinez outlined that the TD Sequential had flashed a buy signal. For their part, CRYPTOWZRD described $2.80 as the main daily support target, saying that the next resistance target is above $3.30 while a new ATH is possible on a sustained bullish reversal.XRP ETF on the Way?
Ever since the historical launch of spot BTC and ETH ETFs in the USA, the Ripple community has been eagerly awaiting the introduction of a similar product with XRP as the underlying asset. If approved, it will enable investors to purchase shares in a fund that directly holds the token, providing exposure to its price movements.
The companies that have filed to launch such an investment vehicle include Bitwise, Franklin Templeton, WisdomTree, 21Shares, and many more. Earlier in August, the odds of approval before the end of 2025 had slipped to nearly 50%, while Polymarket currently estimates a chance of over 80%.
There was a big update on this matter as well, which helped raise the odds. The SEC had delayed making a decision on the aforementioned filings by these companies. However, the potential ETF issuers responded swiftly, updating their applications as the October deadline approaches.
XRP appears ready for a strong upward move. Recent developments, like the coordinated XRP ETF filings, rising approval chances, and the official end of the lawsuit, are fueling bullish speculation.
Analysts are closely watching technical signals and suggest that the next move for XRP could be significant.
XRP ETF Filings Gain Momentum
After the official dismissal of the SEC’s long-running case against Ripple Labs, several major asset managers, including Canary, CoinShares, Franklin Templeton, 21Shares, WisdomTree, Grayscale, and Bitwise, updated their XRP ETF registration filings.
ETF expert Nate Geraci called it a “very good sign” for XRP ETFs, highlighting growing momentum in the market.
The odds of a spot XRP ETF approval have also hit 85%, and XRP-focused ETFs like Teucrium and ProShares have already added hundreds of millions in assets.
Ripple Ecosystem Growth
On the ecosystem side, XRP Ledger also continues to expand. RLUSD is nearing $700 million in assets and saw a 15% jump in 30-day transaction volume to $2.7 billion.
Analyst Altcoin Gordon notes that XRP/BTC is on the verge of breaking its 8-year downtrend. He cites several bullish factors like the ETF approval, partnerships with Japan’s SBI Holdings, and massive upgrades to the XRPL.
Price Targets and Technical Outlook
Analyst Dark Defender expects XRP to form a similar Bull Flag to the one seen in November 2024, when the token climbed from $1.13 to $2.40. He identifies key support at $3 to $2.85 and potential targets between $4.39 and $5.85, signaling that XRP could be preparing for another significant upward move.
Dark Defender@DefendDarkAug 23, 2025We discussed a Bull Flag scenario on 20-Nov-24 & expected XRP to appreciate from $1.13 towards $2.40
This was ✅#XRP is now getting ready to perform a similar BULL FLAG scenario to travel from:
Targets|: $3 to $4.39 – $5.85 shortly
Supports: $3, $2.85
Enjoy your weekend! pic.twitter.com/m5bs2wgPKW
Analyst BarriC is even more optimistic. He predicts explosive price action for XRP over the coming months and into early 2026. He expects XRP to surpass $4 soon, potentially reaching a double-digit all-time high of $10–$15.
He anticipates another major rally in early 2026 that could push prices toward $50. If banks begin adopting and using XRP, he predicts the token could experience unprecedented gains, starting at $1,000 or more.
Pullback Before the Rally?
Another analyst, Zach Rector, says that XRP could easily double ahead of U.S. spot ETF launches. But drawing parallels to Bitcoin and Ethereum ETFs, he says that a pullback is likely once approvals arrive. The SEC’s delay until late October 2025 sets the stage for months of speculative buying. But strong institutional inflows could ease the selling pressure.
Zach Rector@ZachRector7Aug 21, 2025XRP can easily double from here. pic.twitter.com/btU1ouQ1lg
XRP is currently trading around $3.03, showing a mostly neutral technical outlook. Although the short-term averages lean slightly bearish, longer-term averages remain bullish.
Overall, XRP sits at a key level, with potential for a breakout if momentum picks up.
In the daily time frame, the ETC price has added around 14% today as the price has broken out of its downtrend by conquering the critical resistance level at $21.
This breakout indicates a short-term positive momentum for Ethereum Classic. Now, traders as well as investors will be looking towards higher levels as technical price indicators are aligning with a bullish story alongside derivatives data.
ETC Price Today Clears Key Resistance
As observed on the chart, it’s been witnessed that after months of weakness, finally, Q3 is seeing bullish demand, and the ETC price today has just moved decisively above the $21 threshold.
This marks a significant reversal from the December 2024 downtrend. The surge comes at a time when broader macroeconomic conditions due to higher hopes for rate cuts have boosted investor confidence across crypto markets, fueling renewed interest in Ethereum Classic.
With the breakout, the ETC price chart now shows sustained strength near July’s high, putting $26 as the immediate level to watch.
Therefore, from a technical perspective, if the ETC price can manage to decisively flip $26 into support, short-term targets extend toward $28, $34, and $41.
Technical Price Indicators Point to Strong Upside In ETC Price
On the recent daily chart, the ETC price USD is trading above the 200-day EMA band, which shows a bullish sign that indicates long-term buyers are stepping back in.
Even the Short-term moving averages, including the 20-day and 50-day EMAs, also confirm the positive shift.
Similarly, the momentum indicators such as MACD and AO histograms are expanding upward, which is firmly suggesting that a strong continuation rally could follow.
Likewise, the CMF has recently spiked above the zero line to 0.07, which is showing capital inflows are backing the upward push.
In addition, the RSI stands at 58, comfortably in the high momentum zone and still far from overbought conditions.
Overall, these price signals reinforce the strength and reliability of the current rally, and endorses the near-term Ethereum Classic price prediction.
Derivatives Market Adds to Bullish Sentiment For ETC Price
Adding further weight to the bullish outlook in the ETC price, the derivatives market reflects a strong conviction. The coinglass shows that the “top trader long/short ratio on Binance” currently stands at 2.8425, reflecting overwhelming optimism.
At the same time, the open interest has significantly surged 31% to $282.27 million, while derivatives volume has skyrocketed by over 360% to $1.30 billion.
This clearly suggests that leveraged traders are positioning aggressively for continued gains, which aligns with the breakout seen on the ETC/USD chart.
Corporate adoption of crypto in treasury management is growing rapidly. In the first half of 2025, the tally of public companies holding BTC nearly doubled, according to a report from K33 Research.
K33 revealed that between December 2024 and June 2025, the number of listed firms with Bitcoin (BTC) on their balance sheets climbed from 70 to 134, amassing a total of 244,991 BTC.
The trend is drawing comparisons to earlier waves of corporate gold adoption. “There are clear parallels, particularly around providing a means for investors to access an underlying asset which they may have previously struggled to access,” Mike Foy, chief financial officer at AMINA Bank, told Cointelegraph.
Foy said the movement's sustainability hinges on market specifics and regulatory environments. “Time will tell if this becomes a sustainable trend, but it is clear that strategy has a first mover advantage,” he noted, adding that companies in jurisdictions with limited access to institutional crypto products stand to benefit the most.
Crypto treasuries: lifeline or last resort?
Notably, the crypto treasury trend is also fueling skepticism that struggling firms may be using digital assets as a reputational lifeline. Foy acknowledged that the temptation exists for firms under pressure.
Last month, biotech firm Windtree Therapeutics disclosed a $60 million purchase agreement with Build and Build Corp. to begin its BNB treasury plan, followed by a $500 million equity line of credit and a $20 million stock-purchase pact to expand its holdings.
The company briefly enjoyed a boost in mid-July when it announced the BNB treasury strategy, but shares have since fallen more than 90% from their peak.
On Tuesday, Nasdaq announced the biotech firm would be delisted for failing to maintain the $1.00 minimum bid price required under Listing Rule 5550(a)(2).
Foy suggested examining their behavior to spot firms using crypto treasury for short-term optics. He advised checking management’s risk expertise, leverage levels, focus on core business and insider share sales.
"If any of these seem strange or out of the ordinary, then this is possibly a sign that this isn’t a long term plan but rather a short term share price play,” he said.
Firms test Ether, altcoins in treasuries
While Bitcoin remains the dominant choice for treasuries, firms are beginning to experiment with Ether (ETH) and selected altcoins. The difference, according to Foy, lies in the potential for staking rewards and new collaboration opportunities with blockchain foundations.
Last month, Ray Youssef, CEO of NoOnes, said Ethereum’s hybrid appeal is drawing treasury managers. “Ethereum starts to look like a hybrid between tech equity and digital currency. This appeals to treasury strategists looking beyond passive storage,” he said.
Youssef said ETH’s staking yield, programmability and compliance-friendly roadmap have made the cryptocurrency appealing to “forward-looking companies, especially those already involved in the digital economy.”
It’s been another big week in crypto, with central banks, regulators, and markets all making moves that could shape the months ahead. From record-setting rallies to new laws and fresh government experiments with digital assets, the markets are shifting fast.
Missed any or all of it? Here’s your full catch-up.
#1 Powell Hints at Rate Cuts but Stays Wary on Inflation
Jerome Powell’s final Jackson Hole speech as Fed Chair was cautious but telling. He noted the policy rate is now “100 basis points closer to neutral” than last year, leaving the door open for a rate cut. But Powell also warned that tariffs and tighter immigration policies are adding to inflation risks and straining the labour market.
“We will not allow a one-time increase in the price level to become an ongoing inflation problem,” he stressed, referencing the Fed’s delicate balancing act.
#2 Ethereum Hits New All-Time High, Flips Mastercard
Ethereum has smashed through its previous record, hitting a new all-time high above $4,878 after Fed Chair Powell signaled a possible rate cut. The rally has been powered by heavy inflows into spot Ethereum ETFs, now managing over $20 billion, and growing adoption by corporate treasuries. Nate Geraci put it simply: ether is being seen as the “backbone of future financial markets.”
The momentum also pushed ETH past Mastercard, making it the 22nd largest asset worldwide.
#3 Illinois Passes First-of-Its-Kind Crypto Bills
Illinois is stepping up against crypto fraud. Governor JB Pritzker has signed two new laws, the Digital Assets and Consumer Protection Act and the Digital Asset Kiosk Act, bringing tighter oversight for exchanges and crypto ATMs. The rules include mandatory registration, scam refunds, fee caps, and limits on transactions for new users.
With residents losing $272 million to scams in 2024, the state says these measures will protect consumers while still allowing innovation. Pritzker also hit out at Trump’s push for deregulation.
#4 CFTC Kicks Off Next ‘Crypto Sprint,’ Seeks Public Feedback
The US Commodity Futures Trading Commission (CFTC) has launched the next phase of its “crypto sprint”, asking the public to weigh in on spot crypto trading rules.
Acting chair Caroline Pham said, “The Administration has made it clear that enabling immediate trading of digital assets at the Federal level is a top priority.”
The sprint is part of a four-step agenda running alongside the SEC’s Project Crypto. Public comments close on October 20, with final rules expected in the last phase.
#5 EU Looks at Ethereum, Solana for Digital Euro
The European Union is rethinking how its digital euro should be built.
According to the Financial Times, officials are now looking at public blockchains like Ethereum and Solana, a big shift from earlier plans for a private network. The change comes after the U.S. passed the Genius Act, fueling a surge in dollar-pegged stablecoins. The European Central Bank said it is exploring “different technologies – both centralised and decentralised.” A digital euro on public chains would also open the door to DeFi integration across Europe.
#6 Kanye’s YZY Token Soars 1,400%, Then Crashes 74%
Kanye West’s YZY token delivered the kind of chaos memecoins are known for.
Launched on Solana, it spiked 1,400% to $3 within an hour, then crashed 74% to $0.77 in less than a day. While over 56,000 wallets jumped in, the real winners were just 13 traders who walked away with $24.5 million in profits. Blockchain data shows insiders controlled 94% of supply at launch, with one multisig wallet holding 87%. For most investors, the hype ended in heavy losses.
Arthur Hayes@CryptoHayesAug 21, 2025Oopsie … fam next time pls don’t let me trade shitters like KUCOIN:YZYUSDT. Should have just kept two-steppin. pic.twitter.com/6oiKLNv9Mo
#7 Cynthia Lummis Targets Thanksgiving for U.S. Crypto Bill
Sen. Cynthia Lummis is racing the clock to deliver America’s long-awaited crypto market structure bill. Speaking at the SALT Wyoming Blockchain Symposium, she said Congress aims to get legislation to the president’s desk before Thanksgiving. The draft, backed by Tim Scott and other Republicans, promises clearer rules separating digital asset securities from commodities.
But while Lummis is betting on bipartisan support, opposition from Democrats like Elizabeth Warren could slow the push. For now, the spotlight is firmly on the Senate.
#8 China Eyes Yuan-Pegged Stablecoins
China is preparing to enter the stablecoin race and this time, the yuan is at the center. Reports state that the State Council will review a roadmap later this month for yuan-backed stablecoins, marking a sharp turn from Beijing’s 2021 crypto ban. Hong Kong will drive offshore issuance under its new Stablecoins Ordinance, while Shanghai takes charge of domestic trials.
The plan aims to cut reliance on the U.S. dollar and push the yuan deeper into global finance, where its share still lags below 3%.
#9 Philippines Plans 10,000 National Bitcoin Reserve
The Philippines may soon treat Bitcoin as national wealth. A new bill from lawmaker Migz Villafuerte proposes building a 10,000 BTC reserve, with the central bank buying 2,000 coins each year for five years. The holdings, worth about $1.15 billion today, would be locked for at least 20 years and only used to pay off government debt.
Supporters call it protection against inflation and peso weakness, while critics warn the money could be better spent on schools, healthcare, or infrastructure.
#10 SEC Chair: Most Crypto Tokens Don’t Qualify as Securities
SEC Chair Paul Atkins says the agency is rethinking how it looks at digital assets. Speaking at the Wyoming Blockchain Symposium, Atkins stressed that “very few…tokens are securities” and called for rules that adapt to the industry’s growth.
He unveiled Project Crypto, a set of initiatives aimed at clear standards, safe harbors for token launches, and updated custody rules. Backed by Congress’ CLARITY Act and Trump’s pro-crypto agenda, Washington wants to reset how crypto is regulated.
In the Spotlight
Here’s a few quick hits you shouldn’t miss!
Kroll Faces Class Action After FTX Breach: FTX creditors accuse claims agent Kroll of poor security and reliance on email, leaving users open to phishing scams and financial losses. Plaintiffs demand stricter safeguards.
Crypto IPOs Build $15B Pipeline in U.S.: Circle and Bullish already listed, Gemini and Figure filed with Ripple’s backing, while Bloomberg names Circle and Coreweave among 2025’s standout IPO performers.
Wyoming Launches First State-Backed Stablecoin FRNT: The token is fully backed, overcollateralized, and live across seven blockchains, with Kraken and Rain set to bring it directly to consumers.
Bullish Raises $1.15B IPO Entirely in Stablecoins: The exchange’s public debut was fully settled in tokens from Circle, Paxos, PayPal, Ripple, and others, marking a first for U.S. markets.
ALT5 Sigma Denies SEC Probe After $1.5B Trump Deal: The firm rejected reports linking exec Jon Isaac to an investigation, but shares still tumbled over 10% and slid further after-hours.
What’s Next for Crypto?
Major shifts to expect ahead
Markets, regulators, and institutions are reshaping the space. We’ll bring you the key headlines in our next digest.
The cryptocurrency market is showing signs of rotation as Bitcoin cools after recent highs, with traders shifting their focus to Ethereum and mid-cap tokens. Analysts note the shift is a familiar pattern in the early stages of altcoin season, often marked by capital rotation from Bitcoin into Ethereum and, eventually, the wider market.
Ethereum’s position has been reinforced by steady ETF inflows, while speculation over potential Solana and XRP exchange-traded products is adding to investor enthusiasm. The combined factors, some analysts argue, could accelerate a broad-based rally across digital assets.
Early Bitcoin Rotation Signals
Crypto analyst Lark Davis says the current setup resembles the classic structure of a market cycle. Historically, Bitcoin rallies first, followed by Ethereum outperformance, before liquidity flows into mid- and small-cap tokens.
According to Davis, this rotation has already begun as Bitcoin dominance shows signs of peaking, signaling that capital is being redeployed into Ethereum.
Top Altcoins To Watch Now
Davis outlined a “playbook” for investors preparing for the next phase. Ethereum remains the primary trigger for a broader rally once it consistently outpaces Bitcoin. Solana, supported by ETF speculation and its expanding DeFi and NFT ecosystem, is positioned as a close contender. He also points to XRP, which could benefit if ETF speculation intensifies.
Beyond the major tokens, Davis highlights assets with reflexive economic structures, such as dYdX and Hyperliquid (Hype), both of which deploy buyback-and-burn mechanisms. Hyperliquid has already directed more than $1.3 billion of trading fees into buybacks, with dYdX, Jupiter, Raydium, and Chainlink pursuing similar strategies to bolster token demand.
Meme coins, often seen as speculative but highly liquid entry points for traders, also feature in his outlook. Recent rallies in tokens such as BONK, PENGU, and FART illustrate how retail-driven flows can ignite quickly in this sector.
Lastly, the emerging tokens in the AI and gaming sectors may capture capital as new themes emerge.
While altcoin seasons rarely begin abruptly, Davis says the current environment with ETF flows, shifting dominance metrics, and early signs of capital migration suggests one of the most active cycles in recent years could be taking shape.
FAQs
Which altcoins will explode in 2025?Ethereum, Solana, XRP, and select mid-cap tokens may see major growth as altcoin season matures.
What altcoins should I buy now?Focus on Ethereum, Solana, XRP, and promising mid-cap or thematic tokens with strong adoption.
What altcoin has the most potential?Ethereum leads for potential, followed by Solana and XRP, supported by ETF flows and ecosystem growth.
Which crypto has 1000x potential?High-risk emerging tokens in AI, gaming, or innovative DeFi projects could deliver outsized returns over time.
September could be an important month for altcoin investors looking for diverse opportunities across different market segments. Traders are hoping for another strong month after August’s performance.
Three projects stand out for their different value propositions and potential gains: SpacePay’s presale offering real payment utility, Ethereum’s institutional validation through ETF adoption, and Dogecoin’s community-driven price recovery.
Each one offers a different investment approach suitable for varying risk tolerances and market strategies.
SpacePay provides utility-focused infrastructure development, Ethereum offers established smart contract dominance with institutional backing, and Dogecoin delivers meme coin speculation with technical upside potential.
SpacePay: Payment Infrastructure with Presale Opportunity
SpacePay has raised close to $1.29 million in presale funding by developing practical cryptocurrency payment solutions that work across 325+ wallet providers.
The platform addresses real merchant needs through instant settlement technology that converts any supported cryptocurrency to fiat currency immediately upon transaction completion.
The 0.5% flat transaction fee structure provides predictable costs for both merchants and customers regardless of cryptocurrency price volatility.
This consistent fee model works equally well whether processing Bitcoin at $124,400 or DOGE at $0.23, creating stable revenue streams for platform operations.
SPY tokens trade at $0.003181 during the presale phase, offering early investors access to revenue sharing from platform transaction volume.
Token holders get shares of fee income generated through payments made in cryptocurrency via the merchant network.
Compatibility with current Android point-of-sale infrastructures enables businesses to accept cryptocurrency payments without a need to buy new hardware or learn complex blockchain technologies.
Simple QR code generation handles all technical processing behind familiar business interfaces.
SpacePay’s award recognition as “New Payment Platform of the Year” at CorporateLiveWire Global Awards 2022/23 validates the platform’s approach to practical cryptocurrency utility.
Industry acknowledgment supports the business model focused on merchant adoption rather than speculative trading.
Regulatory compliance across every unsanctioned nation positions SpacePay for global expansion without geographic restrictions.
This comprehensive legal framework reduces operational risks compared to projects operating in regulatory gray areas.
Ethereum: Institutional Validation Through Record ETF Inflows
Ethereum has surged close to 30% over the past month, trading just slightly below its all-time highs.
This price appreciation coincides with massive institutional inflows through Ethereum ETFs that demonstrate growing professional investment demand.
ETF inflow statistics indicate $729.14M on Aug 13, $523.92M on Aug 12, and $102B on Aug 11, which is a sign of steady institutional demand.
Source: SoSo Value
These flows of investment are institutional capital placement and not retail speculation, and they underlie basic support in price levels.
Smart contract capability continues to drive decentralized finance applications and non-fungible token markets generating network usage and fee income.
Technical analysis suggests Ethereum could break all-time highs if its current run continues through September.
Network upgrades and scalability improvements facilitate long-term value propositions greater than short-term price movement.
Dogecoin: Community Strength Driving Technical Recovery
Dogecoin approaches the $0.25 resistance level that is the next technical milestone for continued price advancement.
Current levels remain 66% below Dogecoin’s all-time high, suggesting substantial recovery potential if meme coin enthusiasm returns to previous peak levels.
This price discount compared to historical peaks creates upside opportunity for speculative investors.
Social media sentiment and celebrity endorsement still hold catalyst potential for Dogecoin price action. Word-of-mouth marketing campaigns developed by communities can generate viral adoption leading to trading volume and price appreciation.
Technical momentum indicators support continued advancement toward the $0.25 level if current buying patterns persist through September.
Meme coin cycles tend to generate outsized returns during bull market periods when risk appetite favors speculative assets.
How to Join SpacePay’s Utility-Focused Presale
Participating in SpacePay’s presale requires connecting compatible cryptocurrency wallets to the platform’s secure purchasing interface.
The process accepts multiple payment methods including Ethereum and Dogecoin, allowing investors to use appreciated assets for presale participation.
Token allocation selection operates through standard quantity inputs with current pricing at $0.003181 per SPY token.
Investors can calculate desired positions based on available capital and risk tolerance levels appropriate for presale investments.
Transaction completion uses established cryptocurrency transfer protocols with confirmation through connected wallet applications.
The process maintains security standards comparable to major cryptocurrency exchange operations while providing direct platform token access.
Payment options include USDT, USDC, ETH, BNB, MATIC, AVAX, and BASE cryptocurrencies alongside traditional bank card processing for conventional payment preferences.
This flexibility accommodates various investor funding sources and technical comfort levels.
JOIN THE SPACEPAY (SPY) PRESALE NOW
Website | (X) Twitter | Telegram
The post 3 Altcoins To Watch In September For Gains: SpacePay, Ethereum, Dogecoin appeared first on 99Bitcoins.
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