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As XRP faces selling pressure and investor uncertainty, Ripple is moving forward with a significant technical overhaul of the XRP Ledger (XRPL), set to redefine the network’s role in both decentralized finance and institutional finance on a global scale.
Despite XRP’s recent 5% price drop, many analysts — including X Finance Bull — see this not as a setback but as a setup for a major leap forward. “This isn’t just a dip — it’s preparation,” he emphasized.
Key Upcoming Enhancements
1. Token Escrows: One of the most anticipated features is XLS-85d, which introduces escrow support for issued tokens such as RLUSD, tokenized assets, and even meme coins. This allows assets to be securely locked under pre-set conditions, expanding XRPL’s smart contract capabilities and aligning it more closely with Ethereum-based DeFi platforms. It also supports Ripple’s broader strategy of real-world asset (RWA) tokenization.
2. Multi-Purpose Tokens (MPTs): Another important update is the launch of MPTs — a compact, flexible token standard optimized for interoperability. MPTs carry additional metadata while remaining tradable like regular tokens, enabling simpler and broader asset issuance. This innovation makes XRPL more attractive to developers and projects requiring cross-chain compatibility and versatile functionality.
3. Batch Transactions: Through XLS-56, XRPL will support batch transactions — up to eight in a single atomic operation. This enhances efficiency, lowers transaction costs, and paves the way for implementing atomic swaps, which are essential for both on-ledger and cross-chain systems.
Poised for a Breakthrough
All of these upgrades are scheduled for release in June 2025 with Rippled version 2.5.0. The update represents a foundational leap in XRPL’s architecture, aiming to attract developers, financial institutions, and large-scale projects to the XRP ecosystem.

Bitcoin unexpectedly plunged to $101,000, triggering a widespread sell-off across the crypto market. This decline is believed to stem from profit-taking by investors and the liquidation of leveraged long positions on major exchanges.
Despite the price drop, on-chain activity remains robust. On May 29 alone, over 556,000 new Bitcoin wallets were created — the highest number since December 2023. Additionally, on June 2, Bitcoin’s circulating volume reached more than 241,000 units, indicating a significant spike in transaction activity.
Although BTC has yet to break past the $105,000 mark, the increase in wallet creation and circulation highlights growing interest and demand. This could signal the early stages of a new bullish cycle, especially as the market remains relatively stable.
Meanwhile, selling pressure from miners appears minimal. The Miners’ Position Index (MPI), which tracks miners’ selling behavior, rose slightly but remained in negative territory (-0.55), indicating most miners continue to hold rather than sell — a sign of confidence in Bitcoin’s long-term value.
Long-term investors also show little intention to cash out. The Coin Days Destroyed (CDD) index — measuring the movement of long-dormant coins — only rose by 2.22%, suggesting that older BTC holdings are still largely inactive. This patience and conviction from long-term holders continues to provide crucial support for Bitcoin’s price.
Another key factor is scarcity. The Stock-to-Flow (S2F) ratio — which measures an asset’s scarcity by comparing existing supply to new issuance — surged by 300% to over 6.35 million. This sharp rise strengthens the narrative of Bitcoin as “digital gold,” particularly in the wake of reduced supply after the recent halving event.
Historically, strong rises in S2F have often preceded major bull runs. With growing network activity and tightening supply, investors have reasons to be optimistic about a potential new uptrend — especially if demand continues to rise.
#BinanceAlphaAlert #MyCOSTrade $BTC

Truth Social, the social media platform backed by former U.S. President Donald Trump, has officially entered the cryptocurrency investment space. On June 5, the company registered a new entity in Nevada called the Truth Social Bitcoin and Ethereum ETF, laying the groundwork for the launch of its first exchange-traded fund (ETF) focused on Bitcoin and Ethereum.
The registration in Nevada marks a significant legal step, clearly signaling Truth Social’s intention to participate in the digital asset investment market. Although the official offering documents have yet to be filed with the U.S. Securities and Exchange Commission (SEC), the move demonstrates a strong commitment to launching a crypto ETF in the near future.
The ETF will target both Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market capitalization. While it remains unclear whether the fund will be spot-based, futures-based, or a mix of both, combining the two approaches is a possibility.
Notably, Truth Social is not going it alone. The company is receiving support from Yorkville America Digital, a digital asset management firm. On June 3, Yorkville filed a Form 19b-4 with the SEC, proposing the listing and trading of shares of the new Bitcoin ETF. This filing is a key step in the approval process, as it requests a rule change through the SEC’s self-regulatory organization (SRO). Yorkville also submitted a Form S-1—an important document in the ETF launch process—though the order of filing was reversed in this case.
If approved, the Truth Social Bitcoin and Ethereum ETF will enter a competitive market currently dominated by major financial institutions such as BlackRock, Grayscale, Fidelity, and Franklin Templeton—all of which have launched Bitcoin ETFs. Among them, BlackRock’s iShares Bitcoin Trust (IBIT) has become a market leader, managing nearly $70 billion in assets since its debut.
To ensure security and transparency, Truth Social’s ETF will be custodied by Foris DAX Trust Company, which also serves as the custodian for Crypto.com. This partnership reflects Truth Social’s commitment to building trust and credibility with prospective investors.
#MarketPullback $BTC $ETH

Truth Social, the social media platform owned by former U.S. President Donald Trump, has officially filed with the U.S. Securities and Exchange Commission (SEC) to launch a spot Bitcoin ETF on the NYSE Arca exchange.
According to the filing submitted on June 4, the ETF aims to track the price performance of Bitcoin, representing a new step in Trump Media and Technology Group’s (TMTG) expansion into digital assets. Although Trump’s name does not appear in the documents, Truth Social is a product of TMTG, a company he holds a majority stake in, currently traded on Nasdaq under the ticker DJT.
The ETF is being developed through a partnership between Truth Social and Yorkville America Digital, an investment firm known for its “America-first” approach. Custody of the underlying Bitcoin assets will be handled by Foris DAX Trust, affiliated with Crypto.com
The SEC filing states that the fund seeks to closely mirror the market price of Bitcoin before expenses. Specific details such as the trading ticker and fee structure have yet to be disclosed.
Submitting a Form 19b-4 is a necessary step for listing any ETF on a U.S. exchange. This allows the SEC to begin its review process, which includes gathering public feedback and could take up to 240 days for a final decision.
Yorkville America Digital will serve as the fund’s sponsor, overseeing its management and ensuring regulatory compliance. In April 2025, TMTG signed a partnership agreement with Crypto.com to support its crypto financial products, including custodial services via Foris DAX.
This move is part of TMTG’s broader strategy to grow its presence in the cryptocurrency space. Beyond Truth Social, the company is developing the Trump Coin wallet and Truth.Fi—a digital finance platform launched in early 2025—authorized to invest over $250 million in Bitcoin, ETFs, and other digital assets.
Truth Social’s entry into the spot Bitcoin ETF market places it among a growing number of firms tapping into the demand for regulated crypto investment products. However, this particular filing stands out due to its connection with Donald Trump and his political influence.
The timing also appears favorable, as the SEC—under new Chairman Paul Atkins—has taken a more open stance toward digital assets. Several investigations into crypto firms have recently been dropped, and efforts to foster industry dialogue have increased.
#TrumpTariffs #TrumpMediaBitcoinTreasury $BTC