The U.S. Securities and Exchange Commission (SEC) has officially halted its legal proceedings against Ripple, marking a major turning point in a legal battle that began in December 2020. While the move sets the stage for a potential settlement, XRP’s journey to recovery is far from over.
The SEC’s lawsuit against Ripple nearly five years ago led to XRP being delisted from major U.S. exchanges, causing a 66.5% drop in December 2020—its largest monthly loss ever. This move not only impacted liquidity but also disrupted its momentum and trust among institutional players.
From 2021 to 2023, XRP’s price largely stagnated between $0.30 and $0.50. Although it saw some gains—276.2% in 2021 and 82.5% in 2023—those figures paled in comparison to competitors like Solana. SOL skyrocketed by 11,180% in 2021, dropped in 2022, and then rebounded 918.4% in 2023.
XRP’s lack of participation in major bull runs has been widely attributed to the uncertainty created by its ongoing legal battle.
More Than Just Price Damage
Beyond market performance, the lawsuit severely tarnished XRP’s reputation. Analysts argue that the multi-year litigation cost Ripple valuable time that could have been spent on innovation and expanding its presence in the global payments sector.
According to All Things XRP, institutional confidence eroded during this period, and Solana and other rivals capitalized on XRP’s absence from key markets.
What Lies Ahead for XRP?
Even after the SEC dropped its charges, XRP hasn’t shown strong bullish momentum. Over the last seven days, XRP rose only 0.6%, and in the past 24 hours, it dropped by 1.1%.
However, there are signs of strategic rebuilding. Ripple is reportedly working on new ETF applications, the launch of its stablecoin RLUSD, and forging fresh partnerships.
Despite past setbacks, analysts remain cautiously optimistic. If Ripple can rebuild trust and accelerate innovation, XRP may yet reclaim its role as a key player in cross-border payments.
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The SEC is currently reviewing spot crypto ETFs, following its approval of Bitcoin and Ethereum ETFs. Now, big names like Franklin Templeton, Bitwise, 21Shares, Canary Capital, Grayscale, and WisdomTree are all competing to launch an XRP ETF.
It has started reviewing with Grayscale’s application on February 14, which began a 240-day review period. Other filings from WisdomTree, Canary Capital, and CoinShares are also under review and are now open for public comments.
However, the SEC has delayed its decision on Grayscale’s XRP ETF application, along with several other crypto spot ETFs, including those for Solana, Litecoin, and Dogecoin. Investors will have to wait until May 2025 for updates on whether these ETFs will be approved, rejected, or further delayed.
Multiple XRP ETFs Coming In May?
The new deadline for XRP ETFs is May 22, 2025, affecting filings from Canary, Bitwise, and Grayscale.
May 22 likely multiple XRP ETF approvals.
Again, while I don’t think this has a specific impact on price, it will validate XRP as legit and open the floodgates to investors looking to hold a liquid, digital asset..
Market watchers speculate that on May 22, multiple XRP ETFs are likely to be approved, which will make XRP more legitimate and easier for investors to buy. This will attract new investors who are not familiar with crypto wallets or regulations, allowing them to buy XRP through regular stock accounts.
While it may take over a year for this to impact XRP’s price, the news will likely cause a short-term price boost.
The Odds Of Approval
Notably, Bloomberg analysts predict a 65% chance that the SEC will approve XRP ETFs in 2025. While Polymarket currently places the odds at 72%, indicating strong confidence in a favorable outcome.
Analyst James Seyffart shared an update on recent crypto spot ETF filings, saying the SEC delayed decisions on altcoin ETFs like Litecoin, Solana, XRP, and DOGE, which is typical, especially since Atkins hasn’t been confirmed yet. He added that this delay doesn’t affect their relatively high chances of approval, and the final deadlines for these ETFs aren’t until October.
Yes, the SEC just punted on a bunch of alt coin ETF filings including Litecoin, Solana, XRP & DOGE. It’s expected as this is standard procedure & Atkins hasn’t even been confirmed yet. This doesn’t change our (relatively high) odds of approval. Also note that the final deadlines…
ETF Decision Delayed as Atkins Awaits Confirmation
Seyffart pointed out that Paul Atkins is awaiting confirmation as SEC Chair, which could be important for the ongoing SEC appeal in the Ripple case. The SEC filed its appeal on January 15, challenging a ruling on XRP sales, with Ripple’s reply due by April 16. If Atkins is confirmed before this deadline, he, along with other SEC officials, could push to withdraw the appeal.
Pro-crypto lawyer Fred Rispoli believes the Ripple case will be resolved before April 16, 2025, and speculates that a deal may have been reached behind the scenes. James Murphy also hinted that ongoing talks could delay withdrawing the appeal, which might open the door for XRP spot ETFs to be approved.
The post XRP Set for Multiple ETF Approvals by May 2025 appeared first on Coinpedia Fintech News
The SEC is currently reviewing spot crypto ETFs, following its approval of Bitcoin and Ethereum ETFs. Now, big names like Franklin Templeton, Bitwise, 21Shares, Canary Capital, Grayscale, and WisdomTree are all competing to launch an XRP ETF. It has started reviewing with Grayscale’s application on February 14, which began a 240-day review period. Other filings …
The best cryptos to invest in right now are not what you might expect. While Solana increased by 6.12% and Fartcoin increased 2.55% after President Trump announced suspending U.S. tariffs on China, investors are elsewhere.
These increases have sparked discussion about what tokens are ready to break out—Solana, Fartcoin and Remittix (RTX) happen to be taking all the steam of that discussion.
While market responses tend to be fleeting, investors are wondering if these two assets will keep up momentum or if some other new star could outrun them in April.
Solana Bounces Back Strong—But Is It the Best Crypto to Invest in Today?
Solana continues to surprise following its recent surge to $123.03, with the trading volume increasing to over $4 billion. Most see this as a vote of confidence in the scalability of the network and its ability to host high-performing decentralized applications. With a market capitalization of $63.6 billion, SOL remains one of the most dominant Layer 1 chains.
But even with these firm foundations, Solana still struggles with pressure from network outages and centralization concerns. Traders praise its performance but question whether this growth is sustainable or if it’s a temporary spike brought about by macroeconomic relief.
That’s where Remittix steps in. With its payments-first approach and real-world adoption, it gives a more solid narrative for long-term growth. While Solana is the leader in velocity, Remittix gives solidity and cross-border usability, and these are gaining popularity as markets shift towards utility-based investing.
Fartcoin Receives a Boost—But Speculation Still Prevails
Fartcoin‘s quirky name and its robust community helped it surge to $0.8859, with over $369 million daily trade value. The brief rallies in the meme space are the characteristic trait, and Fartcoin is no exception. Under the driving force of internet publicity, it shoots up whenever there are major news stories, like this recent tariff stoppage.
But from jokes and short-term popularity alone, it’s difficult to rank Fartcoin as one of the leading cryptos to invest in today. While profits will be real, the fundamentals are poor, and volatility will be highly likely. Without a clear roadmap or long-term use, Fartcoin will fade away when the shine goes out.
Meanwhile, Remittix has sold over 528 million tokens and has raised almost $14.5 million in presale. That kind of sustained support speaks volumes. Unlike meme coins, Remittix is not dependent on temporary headlines—it provides long-term value with its crypto-to-fiat solutions, making it a more intelligent option for investors who see beyond the hype.
Why Remittix Tops the List of Best Cryptos to Buy Right Now
Remittix is not just a hit altcoin—it’s becoming the cornerstone of the next payments revolution. Its PayFi ecosystem allows instant crypto-to-fiat conversion, solving a massive pain point for businesses and individuals who work across borders.
Picture a small African logistics company that is paid by clients in the U.S. and EU. Traditional transfers take days and are very expensive. Using Remittix, they are paid in cryptocurrency and converted to local currency within seconds, without unexpected fees or delays.
This smooth sail is what keeps Remittix different. Where Solana and Fartcoin take turns in creating bubbles, Remittix delivers solid value. Already over 528 million tokens sold, and that market price now standing at $0.0734 indicates tremendous investor confidence.
While the global demand for remittances goes up and pay tokens like XRP and XLM are setting the world on fire, Remittix finds itself well poised to be in the vanguard of this latest trend. And while investors are looking for projects with utility, Remittix has risen to the top of the best cryptos to buy lists.
Is the Tariff Pause a Turning Point or Just Noise?
President Trump’s tariff pause announcement has sent a wave of bullish sentiment into the market. The market partyed, but savvy investors are cautious. These kinds of announcements usually produce short-term pumps, but the real test will be in the weeks to come.
Solana’s pop and Fartcoin’s spike could be short-term responses to the tariff news. Both tokens could rebound once the hype dies down—especially Fartcoin, which relies on meme momentum rather than fundamentals.
Meanwhile, Remittix keeps on rising, regardless of external policy changes. Its rise is organic, based on the solution of real-world issues. That’s why so many traders already consider it not only a hot presale, but one of the best cryptos to invest in today for short- and long-term profit.
Want a token that’s more than hype?
Remittix is worth checking out and seeing why it’s sitting at the top of investor watchlists worldwide.
The post Fartcoin and Solana Surge As Trump Hits Pause On Tariffs, Are They The Best Cryptos To Buy Right Now? appeared first on Coinpedia Fintech News
The best cryptos to invest in right now are not what you might expect. While Solana increased by 6.12% and Fartcoin increased 2.55% after President Trump announced suspending U.S. tariffs on China, investors are elsewhere. These increases have sparked discussion about what tokens are ready to break out—Solana, Fartcoin and Remittix (RTX) happen to be …
Since April 23, Solana’s price has oscillated within a tight trading range, facing resistance near $153.67 and finding support around $145.68.
A growing wave of bearish pressure threatens to break this range to the downside, with a key technical indicator on the verge of confirming a major sell signal.
Solana Faces Breakdown Risk as Sellers Tighten Grip
SOL’s Moving Average Convergence Divergence (MACD) indicator is poised to form a death cross, a bearish crossover where the MACD line dips below the signal line.
As of this writing, the coin’s MACD line (blue) rests near the signal line (orange), awaiting a catalyst to push it under. This pattern often precedes a sustained downtrend and is widely viewed by traders as a sign of weakening price strength.
Further, SOL’s Balance of Power (BoP) is currently negative, reinforcing the downtrend. This indicates that sellers have gained market control. At press time, this stands at -0.12.
The BoP indicator measures the strength of buying versus selling pressure by comparing the closing price to the trading range over a given period.
When an asset’s BoP is positive, it signals that buyers are in control, indicating strong upward momentum and potential for continued price gain.
On the other hand, as with SOL, a negative BoP value indicates that sellers dominate the market. It suggests an increase in downward pressure on SOL and hints at the potential commencement of a new decline phase.
SOL Faces Key Support Test Amid Mounting Sell Pressure
As bearish momentum builds, SOL risks breaking below the support level at $145.68. A decisive break beneath this threshold would confirm a short-term downtrend and potentially trigger a deeper decline toward $142.32.
Should buyers fail to regain control at that point, SOL could slide further to test the lower support at $133.94.
However, this bearish outlook could be invalidated if fresh demand emerges and buying interest strengthens. In that bullish scenario, SOL may overcome resistance at $153.67, opening the door for a rally toward $171.50.
