XRP Surges 4.65% as SEC ETF Approval and Ripple Banking Move Drive $135B Market Cap
XRPUSDT has experienced a 4.65% price increase over the past 24 hours, rising from a 24h open of 2.1850 to a current price of 2.2867 on Binance. This upward momentum is primarily attributed to positive regulatory and institutional developments, including the U.S. SEC's approval of Grayscale's Digital Large Cap Fund (GDLC) conversion to a spot ETF with XRP comprising 4.8% of its holdings, and Ripple's application for a national banking charter from the OCC, signaling deeper integration with traditional finance. Additional factors supporting the price movement include Ripple's continued supply management by placing 300 million XRP into escrow and robust trading activity, with 24-hour volumes between $4.04 billion and $4.16 billion. XRP remains the #4 cryptocurrency by market capitalization, currently valued at approximately $135 billion, and has shown strong year-on-year growth, reflecting heightened investor interest amid ongoing regulatory developments and strategic partnerships.
🚀 Solana’s First Staking ETF Launch Hits $33M — Surpasses XRP Futures
Rex Shares launched Solana's first staking ETF on Wednesday, a big milestone for the network.
SSK ETF outperformed XRP futures with $33 million in trading volume and $12 million in inflows on launch.
After rising almost 4% Wednesday, Solana prices rise again Thursday.
Solana (SOL) price rises beyond $154 on Thursday after a 4% spike the day before. The network's first US staking Exchange Trade Fund (ETF) launched successfully, supporting the rise. On Wednesday, Rex Shares launched the Solana Staking ETF (SSK), which had $33 million in trading activity and $12 million in inflows on its first day. Strong demand helped SSK exceed Ripple (XRP) futures, boosting SOL's institutional attractiveness and optimistic sentiment.
Solana launches first US-listed ETF.
Solana's first staking ETF, SSK by REX Shares, launched on Cboe on Wednesday.
Bloomberg Senior ETF Analyst Eric Balchunas reported $33 million in trading activity for SSK on its launch.
“Again, blows away, the Solana futures ETF and XRP futures ETFs (or the avg ETF launch), but much lower than the Bitcoin and Ether spot ETFs,” Balchunas said on X.
The successful launch and rising demand for SOL's SSK project bode well for its native token, SOL.
Anchorage Digital holds the underlying digital asset for this staking ETF, unlike the 12 US Bitcoin spot ETFs, which require fund issuers to do so.
Solana's technical forecast suggests a rise.
Solana price broke out and closed above the falling trendline (made by connecting numerous highs from May 24) on Saturday, surging to $151.48 the following day. It fell 5.12% on Tuesday but rallied the following day after retesting its declining trendline. As of Thursday, it trades higher at $153.41.
SOL might reach $160, its daily resistance level, if it keeps rising. A closure above this level might extend advances to $184.13, its next daily barrier.
If SOL corrects, it might fall below $141.41, its next support level.
#sol #xrp #TrumpVsMusk #REX-OSPREYSolanaETF $SOL $XRP
@bugscoin We have received confirmation from Binance that the BGSC airdrop has been fully completed.
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Binance Alpha BGSC Phase 2 Airdrop Ended !!!
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The top 12,500 users who purchase BGSC by July 15 will each receive 10,900 BGSC, to be distributed after July 15.
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SEC Halts Grayscale's Altcoin ETF Basket in Unexpected Decision
The U.S. Securities and Exchange Commission (SEC) has unexpectedly halted Grayscale Investments' plan to convert their Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), causing uncertainty for future crypto-based exchange-traded products. Previously, the SEC had approved the conversion, marking it as a significant step towards creating regulated ETFs with exposure to major cryptocurrencies.
However, a letter from Deputy Secretary J. Matthew DeLesDernier revealed the decision was under review and Grayscale's conversion was stayed. Analyst James Seyffart suggests the delay could be due to internal coordination issues within the SEC or a hold for a more comprehensive regulatory structure for crypto ETFs. Despite the setback, industry watchers believe the delay will only be temporary.
🚨 Trump’s “Big Beautiful Bill” Could Supercharge Bitcoin – Here’s Why 🇺🇸💥
As the Senate prepares to vote on Donald Trump’s sweeping One Big Beautiful Bill Act (OBBBA), the crypto world is on high alert. Though political opinions are divided, many analysts believe this bill could serve as a hidden tailwind for Bitcoin and digital assets.
📌 What’s in the Bill? The OBBBA is a massive stimulus and infrastructure package, rumored to inject over $3 trillion into the U.S. economy. It includes spending across defense, technology, energy, and housing—but what’s grabbing crypto investors’ attention is its inflationary potential.
💡 Why Bitcoin Bulls Are Watching Closely More government spending = more debt = higher inflation. With inflation expectations climbing, $BTC ’s role as a hedge against fiat debasement grows even stronger. Historically, such macro conditions have set the stage for explosive crypto rallies.
🧐 Institutional Angle If passed, OBBBA could force the Fed to delay rate cuts, keeping real yields low. Institutions sitting on cash might rotate into hard assets—BTC being the most accessible hedge. Whales and funds are already repositioning.
📊 Market Sentiment Bitcoin has held above key levels despite recent macro pressure. If the bill passes and inflation fears rise, it could break the $110K resistance and enter price discovery territory.
🔚 Bottom Line Whether you support the bill or not, one thing’s clear: fiscal fireworks may ignite crypto fuel. If OBBBA passes, it could be the spark that sets Bitcoin’s next leg into motion.
Stay sharp. The macro-to-crypto pipeline is heating up.
#OneBigBeautifulBill #Saylor500KClub #TRUMP #BTC
HOOK Surges 20.92% After Major Token Unlock and Hooked Protocol 2.0 Expansion Drive Volatility
HOOKUSDT experienced a significant price increase of 20.92% over the past 24 hours, rising from 0.0932 to 0.1127 USDT, according to Binance data. This price surge is primarily attributed to heightened market activity following a recent token unlock of 8.33 million HOOK tokens and ongoing developments related to the Hooked Protocol 2.0 expansion, which have contributed to increased trading volume and volatility. Currently, HOOKUSDT is trading at 0.1127 with strong trading volumes and a market capitalization estimated between $22.25 million and $23.80 million, reflecting active trader engagement and short-term market volatility.
REX-Osprey запускают первый в США Solana staking ETF
Компании REX Shares и Osprey Funds официально запустили REX-Osprey Solana + Staking ETF (тикер SSK) на бирже Cboe BZX, сделав его первым стейкинговым ETF на Solana, торгующимся в США.
В первый день торгов объём составил $33 млн, а приток средств — $12 млн.
Новый ETF предоставляет не только доступ к спотовому SOL, но и позволяет получать доход от стейкинга, что способствует безопасности и эффективности сети Solana.
$SOL
{spot}(SOLUSDT)
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#Bitcoin just hit $110K — and the prediction played out perfectly.
Back on March 24, the call was made at $84K, and here we are, nearly $26K higher in under two weeks. This wasn’t luck — it was a clean breakout backed by momentum and strong accumulation.
BTC is sitting at $109,900+ and holding strong. If it stays above $110K, we could be looking at $114K next… maybe even $118K.
Momentum is real — just manage those stop-losses smartly.
#BTCReclaims110K #REX-OSPREYSolanaETF #TrumpVsMusk #DYMBinanceHODL