Ripple-SEC Case Closure Followed by Rush of Updated XRP ETF Filings

Dogecoin, the largest meme coin, posted a strong 9.48% daily gain, climbing to $0.2381 with a market cap of $35.81 billion. The move comes amid a sharp increase in trading volume, which surged over 160% to $5.3 billion. Also, because of a mix of whale accumulation, market rotation into altcoins, and technical strength, despite lingering concerns over Dogecoin’s security model. Curious about where Dogecoin price could stroll next? Join me as I decode the same.

Dogecoin Price Analysis

DOGE price has broken decisively above its 30-day SMA at $0.222 and cleared the Fibonacci 23.6% retracement level at $0.239. Over the past 24 hours, price ranged between $0.2088 and $0.2417, with buyers stepping in aggressively. This was after whales scooped up 680 million DOGE, worth about $161 million, between August 20 and 21. This large-scale accumulation, now accounting for nearly half the circulating supply, reduced selling pressure from retail traders and signaled strong institutional confidence.

The highly anticipated Jackson Hole speech by Fed Chair Jerome Powell was met with massive enthusiasm by investors as they poured billions into the cryptocurrency market.

Bitcoin jumped by over five grand from bottom to top, while some of the biggest altcoins rocketed to new all-time highs.BTC Soared to Over $117K

The days leading to the event were quite grim, to say the least. Bitcoin opened the business week with an immediate price drop that drove it from over $118,000 to $115,000. Although the bulls tried to stage a quick recovery, BTC was stopped at $117,000 and driven south even harder to under $113,000 by Wednesday and Thursday.

The landscape worsened on Friday, hours before the Jackson Hole event. BTCdivedonce more, this time to its lowest position since early July of under $111,700.

As Powell took the stage, though, the situation started to change quickly. Although he didn’t confirm that there would be rate cuts in September, his statements were regarded as positive for future reductions, and BTCskyrocketedwithin minutes to over $117,000.

It has lost some traction since then and now sits below $116,000; it’s still over 2% up on the day. Its market cap is above $2.3 trillion, but its dominance over the alts has taken another hit and is down to 56.5%.ETH, BNB to New ATHs

Perhaps the most significant beneficiary of Powell’s speech from the larger-cap alts was Ethereum. The second-largest cryptocurrency had dipped below $4,200 earlier in the day but went on a massive roll, taking it to a new all-time high of roughly $4,900 (although CoinGecko hasn’t confirmed this, it occurred on most exchanges).

Binance Coin is another alt that shot up and tapped a new peak of $900. SOL has gained 10%, ADA is up by 7%, DOGE by 9%, SIU by 9%, XLM by 5.5%, and AVAX has shipped by 9%. XRP has reclaimed a crucial resistance of $3.00.

With most other altcoins charting notable gains, it’s no wonder that the total crypto market cap has added over $200 billion since yesterday’s low and is close to $4.1 trillion on CG.

The conversation around cryptocurrency in the United States has taken a remarkable turn. Crypto leaders are calling it a turning point. 

After years of regulatory crackdowns and enforcement-led actions, the tone in Washington toward digital assets has shifted dramatically, signaling a path toward mainstream acceptance. 

Ripple CEO Brad Garlinghouse said the difference in how policymakers now discuss digital assets compared to last year is both dramatic and palpable. 

Speaking at the Wyoming Blockchain Symposium hosted by SALT and Kraken, he described the mood as far more supportive than in the past. What surprised him most was hearing several Federal Reserve governors openly speak in favor of blockchain technology, something he called a new dawn for the industry.

John Deaton – From ChokePoint 2.0 to Mass Adoption

This shift has also been recognized by legal voices in the crypto space. Attorney and XRP advocate John Deaton captured the mood by calling it a “180.” 

He recalled how the sector went from being suffocated under “ChokePoint 2.0” and enforcement actions to now being positioned for universal acceptance and mass adoption. His statement highlights the drastic changes that have occurred in a relatively short time.

Alderoty Stresses Coordinated Regulation in Post-GENIUS Act Era

Ripple’s Chief Legal Officer, Stuart Alderoty, also weighed in after participating in policy-focused panels at the event. He joined representatives from Andreessen Horowitz, the Blockchain Association, Mysten Labs, and CNBC to discuss the future of regulation in what he called a post-GENIUS Act world. 

Alderoty highlighted that the most important step forward will be ensuring a coordinated approach between lawmakers and the executive branch. Such a framework, he argued, would provide clarity for the market while supporting innovation.

U.S. Positioned to Shape the Global Future of Crypto

The tone of these discussions reflects a broader change in how traditional policymakers view the role of cryptocurrencies. For years, the sector was met with skepticism and strict oversight, but the conversation is now shifting toward collaboration and long-term growth. 

Supporters see this as an essential step toward aligning regulation with innovation, while critics warn that challenges such as volatility, investor protection, and consistent oversight across states remain unresolved.

If this momentum continues, the country may not only provide clarity for its own market but also play a leading role in shaping the global future of digital assets.

FAQs

The tone in Washington has shifted dramatically from regulatory crackdowns toward collaboration and support for mainstream crypto adoption and innovation.

Ripple’s CLO stresses the need for a coordinated approach between lawmakers and the executive branch for market clarity and innovation.

This new collaborative stance positions the U.S. to potentially lead in shaping the global future and regulatory framework for digital assets.

The crypto world has no shortage of memecoins, but PENGU is starting to stand out in ways few imagined possible. What started as a playful memecoin is now positioning itself as a serious contender in the digital asset space.

With NFT ETFs in the pipeline, top chart analysts now predict the PENGU token to hit $0.10 mark, fueled by strong bullish patterns. 

PENGU: From Toys to GIFs: Mainstream Appeal

PENGU isn’t just another memecoin. Over the past year, it’s become a top crypto brand, driven by Luca Netz, the entrepreneur who transformed Pudgy Penguins by focusing on characters over logos because people don’t remember logos, they remember faces.

From listings on major exchanges to partnerships with well-known institutions like VanEck, Bitwise, and even Sotheby’s, PENGU has managed to build legitimacy far beyond internet jokes.

Its reach into mainstream culture is also remarkable. The brand has sold more than 2 million toys, attracted over 5 million social media followers, and generated 116 billion GIF views. 

These numbers show PENGU isn’t just a niche crypto project, it’s becoming a household character.

Pudgy Penguins ETF To Get Approval By Oct

Beyond the memes, serious institutions are paying attention. Canary Capital Group has filed with the Securities and Exchange Commission for permission to launch a Pudgy Penguins exchange-traded fund (ETF) that will keep up to 15% of its assets in Pudgy Penguins NFTs.

On top of it prediction markets show 58.5% don’t expect PENGU ETF approval before October, citing a lack of utility compared to established cryptocurrencies.

PENGU Token Eyeing $0.10 Level

Looking at the Pengu price chart, top analyst Ali Martinez says it could be on the verge of a major breakout. Martinez highlighted the falling wedge formation on PENGU’s 12-hour chart, a pattern that often precedes strong bullish moves. 

As of now, Pengu is trading around $0.0357, the token sits just above its key support at $0.027. If this level holds, momentum could shift quickly in favor of buyers.

Martinez’s analysis shows possible stages of growth, with price levels at $0.043, $0.053, and $0.065 acting as milestones on the way to the $0.10 mark.

Still, risks remain. If PENGU fails to defend $0.027, the token could slip toward the $0.022–$0.024 range. 

Crypto sentiment returned to “Greed” on Saturday as the crypto market surged, following dovish comments from US Federal Reserve Chair Jerome Powell that raised speculation of a possible rate cut in September.

The Crypto Fear & Greed Index, which measures overall crypto market sentiment, rose to a “Greed” score of 60 on Saturday, up 10 points from Friday’s “Neutral” reading of 50, after briefly dipping into Fear earlier in the week.

Memecoin, the native token of the Memeland ecosystem by 9GAG, has taken traders by surprise with a 63.75% surge in the past 24 hours. This has pushed its price to $0.003949 and market cap to $209.52 million. Talking about business, the daily trading volume shot up 236% to $515.18 million. As traders piled into memecoins following talk of potential 2026 memecoin ETFs. Although MEME isn’t directly tied to the ETF, the hype surrounding speculative tokens is definitely hard to miss.

What’s Driving MEME Higher?

• ETF Speculation: Bloomberg’s Eric Balchunas floated the idea of a 2026 memecoin ETF, citing Dogecoin as a likely first candidate. The buzz has drawn liquidity into high-volume memecoins like MEME, despite no direct ETF link.
• Altcoin Season Boost: Bitcoin dominance slipped to 57.55%, while the Altcoin Season Index jumped 16.28% in 30 days. MEME’s rally coincided with broader altcoin strength, with Solana up 33% and PENGU up 64% in the same window.

MEME Price Analysis

MEME price has rallied from a 24-hour low of $0.002405 to a high of $0.004115, breaking above the 23.6% Fib retracement at $0.0036. The token now trades just below its first key resistance at $0.0045, with the next barrier at $0.0055. On the downside, $0.0031 serves as strong support.