Rumors are swirling that BlackRock may soon file for both SOL and XRP ETFs. Meanwhile, analyst Web3BPP has confirmed that Ripple has officially closed its nearly five-year legal battle with the U.S. Securities and Exchange Commission (SEC).
According to Web3BPP, the court ruled that XRP sales on secondary markets do not qualify as securities transactions. This landmark decision triggered an 11% surge in XRP’s price to $3.33, capping off an impressive 31% monthly rally and a staggering 500% gain over the past year.
Analysts now set a short-term target of $8 for XRP, with some bold long-term projections reaching $1,000 by 2030—fueled by expectations that BlackRock could launch a spot XRP ETF as early as October, potentially drawing in billions in institutional investment.
📈 Ethereum’s Bullish Momentum
The analyst also highlighted Ethereum’s strong performance, climbing 7% this week to $3,908, driven by heavy whale accumulation and growing enterprise adoption. This upward trend reflects increasing confidence in ETH as both a store of value and a practical business asset.
Many market watchers expect ETH to hit $5,000 before year-end, with the rally likely supported by rising interest in ETH-based ETFs and upcoming network upgrades aimed at boosting scalability, performance, and security.
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