📣All about XRP,ETH......

Market Overview

Current Price: Trading around $2.87, down ~2–3% over the past day. It recently touched a high near $2.94 and a low around $2.75

Supply Details: Out of the 100 billion XRP cap, roughly 59 billion are in circulation, with ~35.9 billion locked in escrow. Ripple retains ownership of over 55% of the supply

⚖️ Regulatory & Legal Updates

In July 2023, a federal court ruled XRP sold on public exchanges is not a security, but institutional sales totaling $728 million violated securities laws.

In June 2025, Ripple announced it will drop its cross-appeal, paving the way for the SEC to likely follow suit. This signals a potential legal resolution ahead

A joint motion to reduce the fine to $50 million was rejected by the judge—the original injunction remains in place until any appeal is dropped or resolved

A key status report deadline is August 15, 2025: if the SEC withdraws its appeal by then, XRP could gain regulatory clarity, opening more avenues for institutional investment, including spot ETF listings

🏦 ETF Outlook & Industry Moves

The U.S. SEC has introduced new listing standards for crypto ETFs, requiring six months of futures trading and allowing physical redemptions—changes that greatly favor XRP ETF applications

Analysts estimate an 85% chance of XRP ETF approval between September and October 2025, contingent on legal closure and regulatory progress

Meanwhile, three spot XRP ETFs have already launched in Toronto in June 2025. U.S. regulators are reviewing several pending filings, including from Bitwise and Franklin Templeton. A decision deadline is sometime in October 2025

🐋 Whale Activity & Market Sentiment

Ripple transferred 250 million XRP (~$650M) to an unknown wallet—sparking speculation about institutional moves or strategic positioning ahead of legal/regulatory developments

Around the same time, Ripple co-founder Chris Larsen moved $175M worth of XRP, with nearly $140M sent to exchanges—triggering sell-side pressure and a sharp drop near $3 support

In total, over 719 million XRP (~$2.3B) was moved by large wallets within 24 hours, likely profit-taking after the July rally; volatility and market repositioning remain elevated

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📈 Technical & Macro Commentary

XRP reached an all-time high of $3.65 in mid‑July 2025, driven by ETF optimism and favorable regulatory news. It has since retraced ~20%, now consolidating at ~$2.9

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Analysts highlight key support levels in the $2.75‑2.80 zone; a sustained breach could trigger a move toward $2.70. If support holds, a rebound to near $2.88–2.90 is possible

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🧩 Why It Matters for Binance Users

Legal resolution is imminent: August 15 marks a pivotal date for the SEC appeal. A withdrawal would clear major uncertainty.

ETF approval is within sight, with a high probability of U.S. spot XRP ETFs launching in early fall 2025.

On-chain whale movements and supply dynamics are driving both speculation and price swings.

Key support at ~$2.75 may define near-term trading direction; upside momentum persists if ETF and regulatory developments play out favorably.

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XRP Update: Legal Clarity & ETF Momentum

• ~$2.87, down slightly after hitting key support near $2.75

• ~59 B in circulation, 36 B in escrow; Ripple holds over 55% of supply

• Court status update due August 15 — Ripple may drop appeal; full legal clarity pending

• SEC’s updated ETF rules + favorable sentiment boost odds of spot XRP ETFs launching in Sept–Oct 2025

• Whale movement: 250M $XRP P transferred ($650M), plus 175M co‑founder transfer sparked sell‑off

• Watch support and resistance: hold 2.75‑2.80, rebound toward $2.90+, or dip to ~$2.70

🚀 Keep an eye on legal filings, ETF approvals, and large on‑chain transactions.$ETH $XRP #ETHCorporateReserves