Ethereum’s recent surge has pushed it past another milestone, with the world’s second-largest cryptocurrency by market cap overtaking MasterCard in the global asset rankings. According to data shared by Watcher Guru, Ethereum now holds the 22nd spot, backed by a market capitalization of $507 billion. It’s trading at $4,220, with a 24-hour trading volume of $53.50 billion, and the mood among traders has been leaning toward optimism. Ethereum Breaks Long-Term Technical Pattern Reports have disclosed that analyst Crypto Patel has identified a breakout from a multi-year ascending triangle pattern on Ethereum’s chart — a formation often linked to strong upward price moves. Holding above $4,000 has been key in confirming the breakout, with Patel suggesting the setup could eventually send ETH toward $16,000 if buying pressure continues. JUST IN: Ethereum $ETH flips MasterCard to become the world’s 22nd largest asset by market cap. pic.twitter.com/JOCpZGOXaV — Watcher.Guru (@WatcherGuru) August 9, 2025 Patel also pointed to $3,500–$3,000 as a “demand zone” where pullbacks could attract more buyers. For those who entered before the breakout, the rally has been highly rewarding. According to Patel, early investors have seen gains of around 300%, marking one of Ethereum’s strongest runs in recent memory. ETF Flows Highlight Institutional Interest Institutional buying has added fuel to Ethereum’s climb. Based on August data, ETH exchange-traded funds (ETFs) brought in roughly $174.57 million in net inflows, compared to Bitcoin ETFs, which saw $565 million in net outflows during the same period. $ETH just broke out of a multi-year ascending triangle after holding $4K as support. Measured move from this pattern points to $16K if momentum holds. $3500-$3000 now key demand zone: Pullbacks here = re-entry opportunities. Hope you enjoyed our early entry wall on Ethereum,… https://t.co/ujN0h2PBVt pic.twitter.com/eblVPCpPUt — Crypto Patel (@CryptoPatel) August 10, 2025 This trend has given Ethereum some momentum against Bitcoin, with ETH briefly crossing the $4,300 mark on August 9 for the first time since 2021. Vitalik Buterin has also made comments suggesting that companies holding ETH in their treasuries could benefit from the asset, though he urged caution to avoid overexposure. His words induced new chatter on how far deep structural demand can take ETH/BTC to new heights. Differing Opinions On How Far The Rally Will Go Market observers are still divided on what Ethereum will do next. Bullish analysts cite chart indications as well as robust fundamentals as gauge that ETH will be able to keep delivering the goods. Skeptics caution that false breakouts are the norm and that remaining above $4,000 with heavy volume will be the true test in coming weeks. Though Ethereum’s climb above MasterCard in terms of market value has been celebrated as another move into mainstream acceptance, analysts point out that rankings can change in a heartbeat with the ebb and flow of markets. At this time, ETH has a clean technical breakout, high institutional demand, and traders’ renewed focus — all things that can make the stage for larger action if it continues to hold. Featured image from Unsplash, chart from TradingView Powered by WPeMatico

Ethereum reached multi-year highs, breaking decisively above the $4,300 level after several days of strong bullish momentum. This breakout marks Ethereum’s highest level since late 2021, fueled by growing institutional demand, ETF inflows, and expanding on-chain activity. However, fresh market data from CryptoQuant suggests that caution may be warranted in the short term. The all-exchange Estimated Leverage Ratio (ELR) has climbed to 0.68, approaching historical highs and signaling excessive market-wide leverage. While Binance’s ELR sits lower at 0.52, indicating more measured positioning on the world’s largest exchange, higher relative leverage on other platforms points to elevated speculative activity elsewhere. Ethereum’s price is currently testing a critical resistance zone between $4,020 and $4,060—a historically pivotal area that has often determined whether a rally accelerates or faces a sharp pullback. Adding to the short-term risk profile, Binance netflows have spiked significantly above the all-exchange average, suggesting concentrated inflows that may lead to localized sell pressure, possibly linked to liquidations or arbitrage-driven trades. Ethereum Mid-Term Outlook: Institutional Flows and Network Strength According to Crypto Onchain, a CryptoQuant analyst, Ethereum’s mid-term fundamentals remain strongly bullish despite short-term caution signals. Institutional demand is surging, with US Spot Ethereum ETFs recording a record $726.6 million in daily net inflows, driven by giants like BlackRock and Fidelity. This has pushed total ETF holdings above 5 million ETH (valued at approximately $20.3 billion), a milestone that underscores Ethereum’s growing role in institutional portfolios. Beyond ETFs, major players are increasing direct exposure. Ark Invest purchased 30,755 ETH worth $108.57 million, while Fundamental Global allocated $200 million to ETH as part of its treasury strategy. This wave of accumulation reflects deepening confidence in Ethereum’s long-term utility and value proposition. On-chain metrics also paint a bullish picture. Transaction volumes are hitting new highs, and staking participation continues to expand, locking up more ETH and reducing circulating supply. Regulatory clarity—such as the SEC closing investigations into liquid staking—has further strengthened structural demand for ETH. Upcoming network upgrades, including Pectra and Fusaka, are set to boost scalability and lower costs. This will enhance Ethereum’s appeal to both developers and enterprises. In the short term, high leverage, key resistance levels, and concentrated exchange inflows pose a risk of sharp volatility. However, the mid-term outlook remains intact, supported by sustained institutional inflows, robust network growth, and technological advancements. Even if near-term corrections occur, these factors should help cap downside pressure and maintain Ethereum’s broader bullish trajectory. Price Action Details: Setting Fresh highs Ethereum’s 4-hour chart shows a strong breakout above the key resistance at $3,860, which had capped price action in late July. Following this decisive move, ETH surged past the $4,300 level, marking its highest point since November 2021. This rally was supported by strong bullish momentum, as seen in the steep incline of the 50-period SMA (blue) and the price holding well above the 100-period (green) and 200-period (red) SMAs. Currently, ETH is consolidating just below its recent peak, around $4,240, signaling a potential pause before the next move. This consolidation at elevated levels, rather than a sharp retracement, suggests that bulls remain in control. The $3,860–$3,900 zone now acts as a critical support, and a retest could provide a healthy setup for continuation. Volume spikes during the breakout indicate strong buying interest, but the reduced volume in the latest candles suggests the market is waiting for fresh catalysts. A sustained move above $4,300 could open the door toward the $4,450–$4,500 zone, while a breakdown below $3,860 would weaken the bullish structure. Featured image from Dall-E, chart from TradingView Powered by WPeMatico

Ethereum breaks new ATH in Japan and Korea, reaching 639,455 yen and surpassing the previous record of 632,954 yen, dating from December 17, 2024. A similar event took place in South Korea, where $ETH reached 5,971,000 won, beating the previous record of 5.9M won from December 2021. The sudden surge is unlikely to be the effect of the changing exchange rate, which is known to influence the crypto market, because both the yen and the won appreciated against the US dollar. Normally, this would suggest that crypto prices should go down, except the Japanese and the South Korean markets experienced the opposite. The only other explanation is an increase in local demand. But what’s the driving force behind the surge in investor interest? Growing Institutional Adoption Driving Ethereum Up The likeliest explanation for $ETH’s record performance on the Asian markets is the growing institutional adoption at the global level, with companies like Bitmine leading the pack with an iron hand. Bitmine has the largest Ethereum treasury, worth over $2.9B, with Chairman Thomas Lee stating that: We are well on our way to achieving our goal of acquiring and staking 5% of the overall ETH supply. —Thomas Lee, Public statement So, not only is Bitmine the largest $ETH player, but it plans to keep staking Ethereum for the foreseeable future, taking a page out of Strategy’s playbook, the largest Bitcoin holder in the world, with 628,946 $BTC, worth over 75$. Trump’s recent executive order, which allows crypto into the 401(k) plans, also played a critical role in pushing $ETH up the food chain. $ETH trades at $4,173 right now, but the growing interest in the Asian markets could force a bullish trend globally, fueling the entire ERC-20 ecosystem. If and when that happens, keep your eye on the following three projects, which show the highest growth potential in 2025. 1. Snorter Token ($SNORT) – Multi-Chain Token Sniper That Rewards Opportunistic Traders Snorter Token ($SNORT) is a Solana/Ethereum-based project that introduces the Snorter Bot, the opportunistic trader’s best friend. The Snorter Bot tracks down and snipes hot tokens milliseconds after liquidity becomes available, making it more reactive and effective even than UIs like Pump Fun, Raydium, and Jupiter. The Bot solves most problems associated with manual coin hunting, which include the risk of scams like honeypots and rug pulls, as well as the high entry-level tech knowledge requirement. As a novice trader, you only need to learn how to customize the Bot to your liking, enabling its real-time alerts to protect against suspicious projects and setting up the specifics. The Bot will do the rest. Snorter Bot is the ideal trading partner for beginners and professional traders, helping you target hot assets before they lose steam. $SNORT powers the ecosystem with the help of a $2.9M presale and a price of $0.1009. Given the project’s long-term potential, this may be the perfect time to invest. Our analysts predict a $1.02 $SNORT by the end of 2025, for a 910% growth. 2030 could see $SNORT pushing up to $1.50 or higher, depending on the mainstream appeal and implementation. You can buy your $SNORT today by going to the presale page and following the steps. 2. Dogecoin ($DOGE) – The Friendly Shiba Dog Leading the Meme Market Dogecoin ($DOGE) is the world’s most popular and beloved Shiba-dog-turned-meme, sitting at the forefront of the meme market. While it started as a purebred meme coin, Dogecoin soon gained blockchain utility as peer-to-peer currency. Today, you can spend $DOGE in online shops with third-party providers like Bitpay and Coinbase. The Dogecoin Foundation plans to expand on that and turn $DOGE into people’s coin, pushing it into the mainstream even more, if that’s even possible. $DOGE is backpedalling now, trading at $0.2291, witnessing a small contraction over the past 24 hours. However, this comes after a 12.75% push over the past week, which could paint this minor seatback as a buy signal. Especially since analysts like Ali Martinez predict another bull run, similar to 2021’s ATH, when $DOGE experienced a 13,000% pump. If you want to join the $DOGE run, go to your favorite exchange and refill your portfolio today. 3. Bitcoin Hyper ($HYPER) – Bitcoin’s Layer 2 Upgrade Promising Solana-Level Network Performance Bitcoin Hyper ($HYPER) is Bitcoin’s official Layer 2 upgrade that promises a Solana level performance boost with the help of tools like the Canonical Bridge and Solana Virtual Machine (SVM.) The Canonical Bridge connects the Bitcoin ecosystem to Hyper, minting wrapped Bitcoin into the Layer 2 in numbers equivalent to what the users deposit into the Bitcoin network. The Bitcoin Relay Program is the main transaction validator, ensuring fast throughput. The Canonical Bridge decongests the Bitcoin network and enables near-instant finality, aside from supporting complex DeFi operations like DEXs and staking. The Solana Virtual Machine (SVM) enables lightning-fast execution for DeFi apps and smart contracts for Solana-level throughput and scalability. These tools aim to lift Bitcoin’s traffic cap, currently at 7 transactions per second (TPS), and bring it more in line with modern standards. By comparison, Solana works with 2,909 TPS. $HYPER is in presale now and has already accumulated over $8.3M, making it one of the most successful presales of 2025. Based on the project’s long-term goals, our analysts predict a 2025 price point of $0.02595 by the end of 2025. A five-year prediction could place $HYPER at $0.253 if Hyper sees successful implementation and growing adoption. If you want to support Hyper or simply aim to diversify your portfolio, go to the presale page and buy your $HYPER today. $ETH Bull Incoming? $ETH is stable now, but the asset’s performance in the Asian markets can soon reach the Western shores. Especially in the pro-crypto context created by Trump’s 401(k) order and the GENIUS Act as the modern foundation of the new crypto financial system. More importantly, Bitcoin is still bullish, and if it rallies to another ATH, we could expect the entire market to rally, with projects like Snorter Token ($SNORT) and

Ethereum has surged more than 20% to firmly reclaim the $4,200 price level for the first time since 2021. This interesting move has come off the back of Ethereum’s steady inch higher, and $5,000 could now be the next major psychological barrier. However, while the bullish narrative is currently dominant, a technical analysis posted by crypto trader Orbion suggests that this rally may have an expiration date. The Road To Euphoria And A Full Exit Plan Ethereum’s price action over the past week has seen it outperform many cryptocurrencies, and confidence is steadily returning to the leading altcoin. However, Orbion took to the social media platform X to share that he had already sold 33% of his Ethereum holdings, and the best time to fully exit every Ethereum position is in the next two months.  His post was accompanied by a well-known cheat sheet on market cycles. According to the sheet, Ethereum’s current position is in the Optimism and Ethereum dominance phase. The Optimism phase is the point in a rally when market participants begin to believe that the uptrend is truly sustainable.  Notably, the chart’s projection is a climb to the Market Peak/Euphoria phase by the end of October 2025. It is at this point that traders can expect an extreme overvaluation and a looming downturn. Drawing similarities to similar patterns in 2017 and 2021, Orbion stated that his plan is to sell the remainder of his ETH holdings by October 31, although the price will start tapering off in late September. Projecting Ethereum’s Next Move According to the projection on the chart above, Ethereum still has a long way to go before it reaches a defined peak. That is to say, there’s a high possibility that Ethereum could finally break above its 2021 all-time high of $4,878. It will be interesting to see how the Ethereum price rally plays out in the next two months before it reaches a new peak. Based on the cheat sheet, Ethereum could see its most aggressive price acceleration in the weeks leading up to Halloween on October 31. This final leg of the rally will be driven by euphoria-fueled buying, where investors feel unstoppable and certain of a continued rally, much like the 2021 cycle. Even if Ethereum were to start crashing by late October, its current trajectory suggests it could break $5,000 before it reaches a new peak. Notably, Orbion’s short-term target for ETH is in the $5,800 to $6,000 range if momentum continues.  Technical analyses show Ethereum price targets ranging from $4,800 to as high as $12,000. According to a technical analysis from crypto analyst Titan of Crypto, Ethereum is currently tracing out the same pattern as Bitcoin in 2020 and is on a path to reach $12,000. At the time of writing, Ethereum is trading at $4,270, up by 20.5% in the past seven days. Powered by WPeMatico

Биткоин (BTC) в настоящее время колеблется около отметки $118 000 после умеренного восстановления за последнюю неделю, что принесло рост цены на 4,17%. В преддверии новой недели известный аналитик под ником KillaXBT поделился техническим анализом текущей структуры рынка биткоина, а также возможными сценариями движения цены. Месячное открытие укрепляет прогноз по BTC, но будьте осторожны с “охотой за ликвидностью”, говорит аналитик В публикации в социальной сети от 9 августа KillaXBT представил недельный обзор движения цены биткоина за первую неделю августа и поделился дальнейшими ожиданиями. По его словам, актив начал месяц с сильной технической позиции, превратив уровень месячного открытия на $115 752 в поддержку. Это сигнал, который трейдеры часто воспринимают как бычий. Однако аналитик отметил, что исторически в начале нового месяца биткоин часто делает резкий прокол вверх или вниз, формируя одну из теней месячной свечи — явление, которое трейдеры называют “ловушкой месячного открытия”. Поэтому текущая ситуация заставляет участников рынка внимательно следить за тем, приведет ли это к устойчивому восходящему тренду или к коррекции, вызванной сбором ликвидности, перед продолжением роста. С точки зрения ликвидности, криптоаналитик также отметил, что за пределами уровня $120 000 накапливаются значительные двухнедельные ликвидации по BTC. Эта зона совпадает с уровнем открытия прошлой недели ($119 414), что делает ее высоковероятной целью, если бычья структура сохранится. В настоящий момент BTC тестирует нисходящую линию тренда на младшем таймфрейме (LTF). KillaXBT поясняет, что подтвержденный пробой выше этой линии может открыть путь к уверенному движению в сторону $120 000 и выше, при этом трейдеры остаются настороженными из-за возможной “охоты за ликвидностью”, которая может кратковременно снизить цену перед возобновлением роста. Сейчас для трейдеров вырисовываются два основных сценария. Первый: BTC сохраняет бычью структуру, продолжая рост к зоне ликвидности в районе $120 000 и, возможно, к месячному максимуму (ATH) на уровне $123 186. Этот сценарий соответствует текущей технической картине, которая не демонстрирует признаков немедленного разворота вниз.Второй: биткоину не удается пробиться выше, он формирует пониженную вершину и опускается ниже $115 700. В этом случае следующая крупная зона поддержки находится в диапазоне $110 000–$112 000, где расположен месячный разрыв справедливой стоимости (FVG) на $111 955. На данный момент KillaXBT считает, что первый сценарий выглядит более вероятным, так как рынок удерживает бычий импульс, и при отсутствии четких медвежьих сигналов аналитик ожидает, что BTC в ближайшие дни попытается обновить максимумы. Однако он также предупреждает, что в начале недели, особенно в понедельник или вторник, возможна краткосрочная просадка для ликвидации чрезмерно закредитованных лонгов перед новым ростом. TOKEN6900 собрал почти $2 млн на предпродаже: интерес инвесторов продолжает расти перед наступлением альтсезона Тренды крипторынка, особенно в сегменте мем-монет, стремительно меняются: мемкоины уже завлекают инвесторов не ИИ-интеграциями и обещаниями реальной супер-полезности, а легкостью, долей абсурда и получением прибыли без особых усилий. В таком направлении движется проект TOKEN6900 – новая предпродажа июля с огромным потенциалом. TOKEN6900 позиционирует себя как “паразит сознания” и “эталон brain rot finance”, честно заявляя: “мы отслеживаем не ВВП, нефть или прибыль, а высокую ликвидность”. И именно такая искренность привлекает массовую аудиторию! Аналитики прогнозируют десятикратный рост токену после его выхода на бирже – отличный способ заработать на ранних вложениях без сложных действий. А если воспользоваться механизмом стейкинга – то ваш доход от инвестиций еще кратно возрастет. Переходите на официальный сайт и присоединяйтесь к уникальному проекту без промедлений. Powered by WPeMatico

Bitcoin surged past the $120,000 mark, reaching an intraday high of $122,300 — just shy of its all-time high at $123,000. The move marks a strong bullish continuation after weeks of upward momentum, fueling hopes among traders that a new record could be imminent. However, seasoned investors are approaching the rally with caution, warning that current price action could represent a relief rally before another consolidation phase. Fresh data from CryptoQuant adds a layer of complexity to the market outlook. After a sharp rise in average weekly open interest to over 20% — peaking on July 14 — the metric has since dropped significantly, now turning negative. This shift suggests that short-term risk appetite has diminished, potentially reducing speculative momentum in the near term. While open interest declines are not inherently bearish, they can indicate a cooling phase after periods of aggressive leverage. In some cases, such pullbacks in open interest, especially when paired with increased liquidations, have preceded attractive buying opportunities. For now, Bitcoin’s position near record highs offers both promise and risk, with the next few sessions likely to determine whether the market pushes higher or pauses for consolidation. Open Interest Signals Cooling Risk Appetite Top analyst Darkfost has shared fresh market insights, highlighting a notable shift in Bitcoin’s derivatives landscape. According to his analysis, the current weekly average for open interest change sits at -2.2%, marking a sharp reversal from the +20% levels seen just weeks ago. This drop signals that short-term risk appetite among traders has clearly diminished, with many participants reducing leveraged positions after an extended bullish run. Liquidations are a key factor in this development. Darkfost points out that when open interest experiences a sharp short-term drop alongside a spike in liquidations, it often presents a window for profitable long entries. This setup typically occurs when overleveraged positions are wiped out, allowing stronger hands to accumulate at more favorable levels. While not a precise buy signal, it remains a valuable tool for gauging market conditions and identifying potentially favorable entry zones. The current backdrop is particularly intriguing as Ethereum pushes toward all-time highs, drawing increased attention to the broader crypto market. Bitcoin’s stability above the $120K level, combined with improving sentiment across altcoins, sets the stage for potentially strong follow-through in the coming weeks. However, traders will be watching derivatives metrics closely for signs of renewed leverage or further cooling before committing to larger positions. Bitcoin Tests Key Resistance Just Below All-Time High Bitcoin has surged to $121,337, marking a strong breakout from its recent consolidation phase and pushing to its highest level since setting the all-time high at $123K. The daily chart shows a decisive move above the $119K zone, confirming bullish momentum after holding support at the 50-day moving average near $114,155. This rally brings BTC within striking distance of the $123,217–$124,000 resistance area, a critical zone that previously capped upside attempts in July. A clean break and daily close above this level could open the door for a new all-time high, potentially triggering further upside momentum as traders chase the breakout. With Ethereum nearing its own record highs and altcoins showing renewed strength, Bitcoin’s performance in the coming sessions will be pivotal for broader market sentiment. If BTC manages to secure a sustained move above $124K, it could fuel a market-wide surge. However, failure to break higher may see a period of consolidation before the next decisive move. Featured image from Dall-E, chart from TradingView Powered by WPeMatico

Solana remains bullish on the daily chart, cruising within a strong ascending channel and pushing toward the mid-range with fresh upside momentum. However, short-term weakness on the hourly chart shows price slipping below key moving averages, signaling potential pressure. Daily Chart Holds Bullish Structure GodstarPL, in a detailed update posted on X, emphasized that Solana is currently cruising inside a strong ascending channel on the daily chart. This steady bullish structure reflects consistent buying interest and price strength over time. At present, SOL is pushing toward the mid-range of this channel, indicating fresh upside momentum and a possible continuation of its upward trajectory. If the bulls manage to maintain this pressure, the next logical target would be the upper boundary of the channel, which lies near the $220 mark. Reaching this level, which is serving as a crucial resistance zone, would signify a significant milestone, reinforcing the resilience of the current bullish trend and potentially attracting more buying activity.  On the other hand, a slip below the channel’s mid-line could trigger a pullback toward the $160 demand zone, a key level that has historically provided strong support. This area is critical for buyers to defend in order to prevent a deeper decline and maintain the overall bullish structure. Monitoring this level will be essential for gauging whether the upward momentum can sustain or if a more significant correction is underway. Solana Short-Term Trend Shows Signs Of Bearish Behavior Despite the bullish structure reflected on the daily chart, Gemxbt, in a separate update, pointed out that Solana exhibited a bearish setup on the 1-hour timeframe at the time of the post. Short-term market sentiment has shifted, with price action trading below the 5, 10, and 20-period moving averages — a clear indication of near-term selling pressure. Adding to this bearish tone, the MACD indicator has crossed below its signal line, indicating the potential for renewed downside momentum. This technical signal often reflects an acceleration of selling interest, particularly when it aligns with other bearish patterns on lower timeframes. Meanwhile, the Relative Strength Index (RSI) is trending toward oversold territory, which suggests that buying pressure is weakening and sellers remain firmly in control. However, an oversold reading can also hint at a potential short-term bounce if buyers step in to defend key price levels. In terms of critical levels to watch, support is currently situated around $175, where buyers may attempt to halt a decline. On the upside, immediate resistance is seen near $180. A break above this level is likely to trigger continued upside pressure. Powered by WPeMatico

The world’s largest asset manager, BlackRock, has broken its silence on whether it intends to file for an XRP ETF. This follows months of speculation that the firm could soon file to offer this fund.  BlackRock Has No Plans For An XRP ETF For Now A BlackRock spokesperson told The Block that they have no plans to file for an XRP ETF at this time. This ends speculations that it will join eight other asset managers who have already filed to offer this fund. The world’s largest asset manager already offers Bitcoin and Ethereum ETFs, and based on the statement, the firm plans to stick with only the two largest crypto assets.  NovaDius Wealth President Nate Geraci was one of those who had speculated that BlackRock was going to file for an XRP ETF soon. Prior to the asset manager’s statement, Geraci opined that the firm was waiting for the Ripple SEC lawsuit to end before filing for an iShares XRP ETF. He made this prediction following Ripple and the SEC’s filing of a joint dismissal to end the XRP lawsuit.  Geraci further remarked that it makes “zero” sense for BlackRock to ignore crypto assets beyond Bitcoin and Ethereum. He added that if they do that, they are basically saying that BTC and ETH are the only crypto assets that will ever have value. Following BlackRock’s statement, the NovaDius Wealth president said that the firm’s decision not to file for an XRP ETF will be looked on as a mistake.  Bloomberg analyst Eric Balchunas also weighed in on BlackRock’s decision not to file for an XRP ETF. He asked Geraci if an XRP filing is enough or if he feels the world’s largest asset manager should also file for SOL, Tron ETFs. He further questioned where exactly the line should be drawn on how many crypto ETFs asset managers should offer.  Potential Demand For These Funds Nate Geraci believes that there will be significant demand for the XRP ETFs, which is one reason why he thinks BlackRock is making a mistake by not filing for one. He noted that futures-based XRP funds have taken in over $1 billion since their launch this year. He opined that this proves that there will be “real” demand for the spot funds.   Pro-XRP lawyer John Deaton is confident that BlackRock will still file for an XRP ETF. He said that he is willing to bet that this happens within a year. BlackRock’s failure to file for this ETF now and opt to do so later could prove costly since the pending applications could have the first-mover advantage. According to Bloomberg analysts James Seyffart and Eric Balchunas, there is a 95% chance that the SEC approves these funds this year. At the time of writing, the XRP price is trading at around $3.26, down in the last 24 hours, according to data from CoinMarketCap. Powered by WPeMatico