Crypto Writer
Arslan Butt
Crypto Writer
Arslan Butt
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XRP’s price has surged to $2.19 following Ripple CEO Brad Garlinghouse’s public expression of unwavering support for the asset. In a symbolic move, Garlinghouse revealed an XRP-themed tattoo featuring a planetary design, commemorating the July 13, 2023, court ruling that provided legal clarity for XRP. Alongside the reveal, he declared he is “1,000%” committed to the project.
The post immediately resonated with the XRP community. Prominent influencers noted the gesture’s impact, calling it a rare and authentic endorsement.
Digital Asset Buy, a well-known figure in the crypto space, highlighted that a high-profile executive with a Harvard MBA getting a tattoo signals long-term conviction, not marketing theatrics.
- Garlinghouse declared “1,000%” loyalty to XRP
- XRP tattoo marks legal victory milestone
- Community sentiment surged in response
These actions helped boost morale among XRP holders and sent a clear message about Ripple’s direction as it exits its legal battle.
Ripple Drops Appeal, Ending the SEC Lawsuit Era
Ripple’s bullish narrative gained further traction after Garlinghouse confirmed that the company would formally withdraw its cross-appeal in the long-standing case with the U.S. Securities and Exchange Commission (SEC). The SEC is expected to do the same.
This development brings closure to a legal saga that began in 2020 over $1.3 billion in alleged unregistered XRP sales.
Garlinghouse wrote, “We’re closing this chapter once and for all,” signaling a shift in focus to innovation and global utility.
The court upheld the $125 million penalty for institutional sales, significantly less than the SEC’s original $2 billion demand, something Ripple’s legal chief, Stuart Alderoty, called a strategic win.
- Ripple avoids further litigation
- SEC likely to drop its remaining appeal
- Final penalty: $125M vs original $2B demand
This resolution removes regulatory uncertainty and positions Ripple to accelerate growth initiatives using XRP as a utility token across cross-border payments and decentralized finance.
XRP Technical Outlook Signals Momentum Reversal
From a technical standpoint, XRP has broken out of a multi-week descending triangle, reclaiming momentum above $2.19. The price structure is now defined by a series of higher lows supported by a rising trendline from the June 21 low near $1.92.
The breakout was confirmed with a bullish engulfing candle and sustained trade above the 50-period EMA at $2.15.
The MACD histogram is flipping green with its lines diverging upward, typically an early sign of strengthening bullish momentum. XRP now eyes resistance at $2.27, $2.33, and $2.40.
Trade Setup:
- Entry: Long above $2.20
- Target 1: $2.27
- Target 2: $2.336
- Stop-loss: Below $2.155
XRP remains technically sound above the $2.15 pivot zone. Traders eyeing a move toward $3.50 will be watching for continuation above $2.40 with volume confirmation.
Bitcoin Hyper Presale Surges Past $1.74M as Price Rise Nears
Bitcoin Hyper ($HYPER), the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), has surpassed $1.74 million in its public presale, with $1,748,091.98 raised out of a $1,974,249 target. The token is priced at $0.012075, with the next price tier expected within hours.
Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity.
The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and full rollout expected by Q1, $HYPER is gaining serious traction.
