Binance Sees Surging XRP Bullish Sentiment as SEC Drops Ripple Case

The recent legal victory of Ripple against the U.S. Securities and Exchange Commission (SEC) has sparked a wave of Optimism among XRP traders, particularly on Binance, where 71% of futures positions are now long. This bullish sentiment is further underscored by a record-high number of whale addresses holding 10,000 or more XRP, reaching 300,000, indicating strong institutional confidence in the cryptocurrency. Despite this positive momentum, XRP’s price has yet to see a significant breakout, with analysts pointing to the need for increased trading volume and the overcoming of key resistance levels for a decisive upward move. Market participants remain vigilant, watching for signs of sustained growth in the wake of this pivotal legal development.

XRP Traders Turn Bullish as SEC Drops Case Against Ripple

Ripple’s legal victory against the SEC has ignited bullish sentiment among XRP traders, with 71% of futures positions on Binance now long. Whale addresses holding 10,000+ XRP have surged to a record 300,000, signaling institutional confidence.

Despite the optimism, XRP’s price remains stagnant. A decisive breakout would require stronger trading volume and clearance of key resistance levels. market participants now watch whether this legal clarity can translate into upward momentum for the embattled token.

Mantra (OM) Faces Volatility After Whale Dump, Tests Key Support at $0.42

Mantra’s OM token plunged below $0.50 following a whale depositing 2 million OM ($871K) into Binance, crystallizing a $25.44 million loss. The move comes just six weeks after the same entity withdrew 4 million OM ($27.18M), illustrating severe unrealized-to-realized pain among large holders.

Technical indicators paint a bleak picture: OM broke down from a $6 peak to $0.4152 (4.93% daily drop), with MVRV and RSI entrenched in oversold territory. The falling channel breakdown suggests persistent sell-side pressure, though extreme oversold conditions sometimes precede relief rallies.

Binance Drives Kyrgyzstan’s Digital Transformation Through Crypto Adoption

Binance, the world’s largest cryptocurrency exchange, has signed a strategic Memorandum of Understanding (MoU) with Kyrgyzstan to accelerate the nation’s digital finance framework. Endorsed by President Sadyr Japarov in May 2025, this partnership establishes Kyrgyzstan as an emerging leader in blockchain innovation.

The collaboration focuses on three CORE pillars: enabling cryptocurrency transactions for residents and businesses, fostering domestic and cross-border commerce, and laying the groundwork for a digitally empowered economy. This initiative marks a significant step toward financial inclusion, positioning Kyrgyzstan at the forefront of crypto adoption in Central Asia.

BNB Chain Shows Strong On-Chain Metrics Amid Price Lag

BNB Chain is demonstrating robust growth in 2025, with key metrics surging—network revenue up 58.1%, DEX volume jumping 79.1%, and daily active addresses climbing 26.4%. Despite this strength, BNB’s price action remains muted, rejecting at the $600 resistance level.

Solana, meanwhile, has outpaced BNB with a 20% monthly rally, capitalizing on its DeFi and dApp utility. The divergence between BNB’s fundamentals and price suggests a potential bear trap, with a breakout likely if market sentiment shifts.