Crypto wallet provider Phantom has acquired Solsniper, the AI memecoin trading and analytics platform built on the Solana blockchain. The acquisition was announced on August 4, marking Phantom’s first big step into active trading infrastructure. Solsniper, launched in 2021, has…

Phantom taps Solsniper as it targets expansion beyond wallet services

XRP has surged an impressive 35% over the past month, currently trading at 
$3.05. This bullish momentum is fueled by growing institutional interest, 
massive whale accumulation, and a long-anticipated regulatory breakthrough in 
Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC). 
Related Reading: Against The Grain: Analyst Targets $300K Bitcoin Price—When 
Will It Happen? Investors are increasingly optimistic ahead of the SEC’s 
expected status report on August 15, which may finally end Ripple’s multi-year 
lawsuit. This outcome could unlock a flood of institutional adoption and pave 
the way for XRP spot ETF approvals. With whale wallets scooping up over $60 
million in the token recently, market sentiment is turning decisively bullish. 
Whale Activity and ETF Buzz Signal Institutional Confidence XRP isn’t rallying 
alone as Institutional capital has flowed heavily into Ethereum and XRP over 
the past few weeks, according to CoinShares. XRP-related investment products 
saw $31.26 million in inflows, while whale trackers confirmed large 
transactions, including a single 20 million transfer from Upbit worth over $60 
million. Additionally, anticipation is mounting over potential XRP ETF 
approvals. The SEC has set an October 17 deadline to rule on several XRP spot 
ETFs, and a recent policy shift enabling in-kind redemptions has eliminated 
key logistical barriers. If approved, these ETFs could dramatically reduce the 
token&#8217;s circulating supply and fuel further price appreciation. XRP&#8217;s price 
trends to the upside on the daily chart. Source: XRPUSD on Tradingview Can XRP 
Reach New All-Time Highs in 2025? Beyond legal clarity and ETF speculation, 
the token&#8217;s real-world utility is gaining traction. Its recent integration of 
an Ethereum-compatible sidechain opens the door for DeFi developers to launch 
dApps on the XRP Ledger using XRP for fees. Moreover, the XRPL now hosts one 
of the largest tokenized U.S. Treasury bill products, signaling its growing 
role in asset tokenization. Related Reading: Crash Incoming? Kiyosaki Warns Of 
‘August Curse’ And Reveals His Bitcoin Buy Zone While $100+ price predictions 
remain highly debated, the token&#8217;s bullish structure and ecosystem expansion 
offer a compelling long-term thesis. Technical indicators remain cautiously 
optimistic, and analysts suggest $3 may be the last ideal entry point before 
the next leg up. With regulatory momentum, whale interest, and real-world use 
cases converging, XRP may be poised to break out even higher in Q3 and beyond. 
Cover image from ChatGPT, XRPUSD chart from Tradingview

XRP Soars 35% in a Month: Will Ripple’s Legal Win and Whale Activity Send Price to New Highs?

Crypto privacy just got a massive boost as a top U.S. regulator slammed 
financial surveillance and championed blockchain tools as essential to 
preserving American constitutional freedoms. SEC Commissioner Says Crypto 
Privacy Isn’t a Loophole—It’s a Constitutional Right U.S. Securities and 
Exchange Commission (SEC) Commissioner Hester Peirce, speaking at the Science 
of Blockchain Conference in Washington […]

SEC Commissioner Calls for Full Protection of Crypto Users’ Financial Privacy

Base blamed a 33-minute outage on Aug. 5 on an unprepared sequencer and said 
it has fixed the issue to ensure any chosen sequencer will be ready to process 
transactions.

Base blames faulty sequencer for 33-minute outage, fixes made

XRP enters a new DeFi era as Flare’s Luminite wallet removes seed phrases, 
adds fiat onramps, and unlocks seamless access to staking, bridging, and asset 
swaps. XRP DeFi Now Made Simple—Flare Just Removed Barrier to Its Ecosystem 
Flare, a full-stack layer 1 solution designed for data-intensive use cases, 
introduced Luminite on Aug. 5. Described as […]

XRP Hits New Gear: Flare’s Luminite to Accelerate XRP DeFi Adoption

The draft bill could stifle innovation and create prolonged legal ambiguity, 
impacting the growth and stability of the crypto industry.
The post Ripple slams draft crypto market structure bill for expanding SEC 
power over tokens appeared first on Crypto Briefing.