Clear Message from Ripple CEO to XRP: Support, Tattoo, and Strong Rise
Ripple CEO Brad Garlinghouse symbolically demonstrated his commitment to XRP this time with a quite symbolic move. Garlinghouse's XRP-themed tattoo shared on social media attracted great interest from investors and contributed to the price increase of XRP up to $2.19.
The tattoo features a planet-themed design, referencing the significant legal victory XRP achieved on July 13, 2023. Garlinghouse emphasized that this historic decision has "provided legal clarity" to XRP, expressing his commitment to the project with the phrase “%1,000.”
A post shared via X (formerly Twitter) received widespread attention from the crypto community. Prominent analysts and investors interpreted this move as a sign of deep faith and long-term vision rather than marketing from a CEO. In particular, Digital Asset Buy evaluated a tattoo by a Harvard graduate manager as "a sincere and strategic commitment example."
New Chapter in Ripple and SEC Case: Appeal Process Coming to an End
The positive atmosphere in XRP is not limited to symbolic support. Ripple has officially decided to withdraw its cross-appeal in the ongoing long-term legal process with the SEC. Similarly, it is expected that the SEC will also drop its remaining appeal requests.
This development marks the end of the lawsuit initiated in 2020, which claimed that Ripple's XRP sales were unregistered securities. Brad Garlinghouse announced this development by stating, “We are closing this case forever,” and noted that they have now shifted their focus to innovation and global use cases.
The court approved a $125 million penalty against Ripple for its institutional XRP sales. This is a significantly lower amount compared to the initial $2 billion sought by the SEC. Ripple's Chief Legal Officer Stuart Alderoty described this outcome as “a strategic win.”
With the establishment of legal clarity, Ripple is expected to accelerate its plans to use XRP more actively in global cross-border payments.
XRP Technical Outlook: Momentum Strengthening
XRP broke the multi-week descending triangle formation, rising above the $2.19 level, regaining upward momentum. The price movement is supported by an upward trend that started at $1.92 on June 21.
This technical breakout has been confirmed with the bullish engulfing candle formation and sustained above the 50-day exponential moving average (EMA). Additionally:
The MACD indicator is signaling an upward divergence.
Target resistance levels stand out at $2.27 – $2.33 – $2.40.
📌 Transaction strategy to follow:
Entry: Long position above $2.20
Target 1: $2.27
Target 2: $2.336
Stop loss: below $2.155
XRP continues to technically remain strong above the $2.15 pivot level. Long-term investors are carefully watching whether the price can achieve sustained volume above $2.40. According to some analysts, the target after this movement could be $3.50.
Great interest in Bitcoin Hyper ($HYPER) Pre-Sale
Bitcoin Hyper (HYPER), a new Layer 2 project, has managed to attract attention in a short time. The project, which operates with Solana Virtual Machine (SVM) support, is the first Layer 2 solution developed on the Bitcoin infrastructure.
The project, which has raised $1.74 million so far in the pre-sale process, is currently on sale at a price level of $0.012075, and it is expected that the transition to the next price tier will occur within hours.
Project Highlights:
Bitcoin security at Solana speed
Low-cost smart contract support
dApp and meme coin production infrastructure
Seamless bridging with BTC
Audit: Consult
Launch target: Q1 2025
HYPER, which combines real use cases with the appeal of meme coins, could be among the most talked-about Layer 2 projects of 2025 with its staking feature and technical infrastructure.
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