Law, large institutional allocations, and movements in altcoins

Do Kwon (Terraform Labs) — according to the latest information from 11–12.08.2025, Do Kwon is expected to change his earlier 'not guilty' plea and is anticipated for a hearing/charge modification in the USA regarding the Terra collapse case (losses historically estimated at ~40 billion USD). This is a significant procedural event in the last 24–48 hours.

Ripple / $XRP — the case against Ripple has been formally closed in practice and a penalty/settlement has been left (reports on the conclusion of the dispute and established sanction measures this week). This event has influenced the rises and high trading activity around XRP (increased turnover and short-term price spikes). Reuters

Large institutional allocations in alt-tokens — example: Mill City Ventures (collaborations with Galaxy/institutions) finalized a private closing of an allocation of ~450 million USD for the Sui strategy ($SUI ), creating a significant treasury and buy-support for the token. This is a signal that some institutions are allocating capital directly into single chains/projects, rather than just in BTC/ETH ETFs.

Movements in Solana / meme & altcoins — $SOL around the lower average range of movement (at ~170–180 USD on 12.08), with signals of variable demand (whale transfers, sometimes temporary dumps on exchanges). Meme-coins continue to attract the attention of large wallets — here we observe both rapid rallies and equally rapid distributions (beware of the risk).