Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
XRP Surges 5% Amid Ripple’s Legal Optimism

XRP Surges 5% Amid Ripple’s Legal Optimism

Coinlive2025/08/05 06:55
By:Coinlive
Key Points:
  • Ripple’s legal clarity fuels optimism, driving XRP’s recent price surge.
  • XRP jumped over 5%, reaching $3.
  • Institutional interest and altcoin rotation play significant roles.
XRP Surges 5% Amid Ripple’s Legal Optimism

XRP surged over 5% on August 4, 2025, reaching $3, significantly outperforming Bitcoin’s recovery on the cryptocurrency market, driven by renewed optimism and increased institutional interest.

The surge reflects market confidence amid legal clarity, influencing financial strategies and indicating potential bullish trends for major altcoins like Ethereum and Avalanche.

XRP surged over 5% following increased optimism around Ripple’s ongoing legal clarity. The cryptocurrency regained the $3 mark, outpacing Bitcoin’s recovery , as capital rotation into large-cap altcoins gained momentum. Key players include Ripple’s leadership such as CEO Brad Garlinghouse and CTO David Schwartz, who focus on macro and legal factors rather than commenting on recent price movements. Analyst EGRAG CRYPTO predicted significant technical patterns .

“This may be the beginning of the biggest candle body in XRP’s history,” emphasizing the scale of the technical setup, EGRAG CRYPTO stated.

The immediate effect was a boost in XRP’s trading volume and liquidity. Ethereum and Avalanche also saw increases, reflecting broader altcoin interest amid rising institutional investments and decreased regulatory pressures. Increased institutional involvement in XRP has been noted since July, partly driven by ETF discussions. The cryptocurrency’s performance underscores a growing trend of capital inflows into altcoins amidst legal and policy changes.

Notable historical precedents range from past peaking at $3.66 before a correction. Similar cycles characterize the altcoin market’s volatility, with correlated pricing in layer-1 blockchain protocols. Bullish technical sentiment suggests potential price gains if institutional flows continue. Legal clarity and reduced sell pressure bolster analyst and community confidence, positioning XRP for long-term growth.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Analyzing DeFi Token Performance and Whale Activity as Market Sentiment Shifts

- Q3 2025 DeFi analysis highlights whale-driven volatility, with MDT's 107% surge and 82% whale control exposing liquidity risks. - Institutional whale activity shifts: Ethereum whales staked 3.8% ETH for yields while Bitcoin whales moved $4.35B BTC to cold storage. - Fear/greed index (FGI) showed U-shaped price correlations, with whale infrastructure staking stabilizing markets during extreme fear phases. - Cross-chain arbitrage ($2.59B BTC-to-ETH transfer) and liquidity withdrawals ($47.59M) demonstrate

ainvest2025/08/31 07:45
Analyzing DeFi Token Performance and Whale Activity as Market Sentiment Shifts

Solana’s DEX Ecosystem: Navigating a Retail Exodus and Meme Coin Fatigue

- Solana’s DEX trading volume fell 45.4% in Q2 2025 amid memecoin fatigue, but DeFi TVL surged 30.4% to $8.6B. - Institutional adoption grew, with $1.2B inflows into the SSK ETF and $1.72B in corporate staking, boosting Solana’s scalability appeal. - Key projects like Raydium (53.5% TVL growth) and Kamino Lend V2 ($200M deposits) reinforced ecosystem resilience and innovation. - Alpenglow upgrades and 7,600+ new developers in 2024 highlight Solana’s technological momentum and long-term competitive edge.

ainvest2025/08/31 07:45
Solana’s DEX Ecosystem: Navigating a Retail Exodus and Meme Coin Fatigue

Tether Mints $1B More USDT Amid $4B Stablecoin Surge

Tether mints $1B USDT as stablecoin issuers like Circle and Tether pump $4B in just 3 days.Stablecoin Giants Are Back in ActionWhat’s Driving This Stablecoin Boom?Market Implications of $4B in New Stablecoins

Coinomedia2025/08/31 07:35
Tether Mints $1B More USDT Amid $4B Stablecoin Surge

MicroStrategy Holds More Bitcoin Than Top 6 Nations

MicroStrategy now owns more Bitcoin than the combined holdings of the top 6 countries.MicroStrategy Surpasses Nation-States in Bitcoin OwnershipWhy This Matters for the Crypto EcosystemCould This Trigger a Bitcoin Supply Squeeze?

Coinomedia2025/08/31 07:35
MicroStrategy Holds More Bitcoin Than Top 6 Nations