XRP’s 6% Rally on Coinbase: Whale Movements and Retail Demand Fuel Surge

On June 27, 2025, XRP experienced a notable 6% price surge during late trading hours, driven by a significant increase in hourly trading volume and strong support above the $2.20 level. This upward movement occurred alongside substantial whale activity, including a $58 million transfer to Coinbase and a $439 million transaction by Ripple to an unknown wallet. Despite the typically bearish implications of such large transfers, XRP's price remained resilient, indicating robust demand from both institutional and retail investors. The broader cryptocurrency market also showed signs of stabilization, contributing to the positive sentiment surrounding XRP. This development highlights the growing interest in XRP, particularly on platforms like Coinbase, and underscores the asset's potential for further gains amid increasing market activity.

XRP Surges 6% Amid Whale Activity and Retail Interest

XRP rallied nearly 6% in a late-session breakout, fueled by a quadrupling of hourly volume and confirmed support above $2.20. The surge coincided with major whale movements, including a $58 million transfer to Coinbase and a $439 million shift by Ripple to an unknown wallet. Despite typical bearish pressure from such activity, XRP held firm—signaling robust demand.

Market sentiment stabilized as cryptocurrencies broadly advanced, with XRP leading the charge. Breakout volume hit 108.12 million, four times the average, underscoring technical significance. Retail interest spiked alongside the price action, with Google Trends showing rising searches for "XRP to $3."

Analysts eye the July–September window for potential upside targets of $3 to $5, while the Ripple v. SEC case remains a pivotal catalyst for regulatory clarity.

Coinbase Launches Wrapped Litecoin (cbLTC) on Base, Expanding DeFi Access

Coinbase has introduced cbLTC, a wrapped version of Litecoin, on its ethereum Layer-2 chain Base. This ERC-20 token is fully backed 1:1 by LTC held in Coinbase custody, enabling Litecoin holders to seamlessly participate in Ethereum-based DeFi ecosystems without relying on third-party bridges.

As of 10:40 a.m. IST on 26 June 2025, Coinbase's dashboard reported 11,364 LTC held in reserve, backing 11,305 cbLTC tokens. Nearly all of these tokens are concentrated in a single wallet, highlighting early institutional interest.

The MOVE marks Litecoin's formal entry into DeFi's liquidity pools. Holders can now deploy cbLTC across platforms like Uniswap, Aerodrome, and PancakeSwap—transforming what was primarily a payments token into a yield-bearing asset.

Coinbase simultaneously launched cbADA, bringing similar functionality to Cardano's ADA. Both developments signal the exchange's strategy to bridge non-Ethereum assets with DeFi's most active ecosystem.

$125K Bitcoin Could Launch Mini Altcoin Season, Is XRP Ready to Run?

Bitcoin's surge to $125,000 may ignite a mini altcoin season, with XRP poised for a potential breakout. The crypto market shows renewed vigor, though altcoins lag behind Bitcoin's dominance.

Bitcoin faces a critical resistance zone between $109,000 and $111,000. Market fundamentals—stable equities, subdued volatility, and a rising Coinbase premium—hint at bullish momentum. Yet, thin volume leaves analysts divided on whether the breakout will hold.

Ethereum and XRP trail Bitcoin's rally, with ETH struggling below key resistance levels. XRP's fate hinges on Bitcoin's next move—a pullback could precede its rally. Altcoins remain volatile, with high open interest suggesting turbulence before any sustained upside.

Coinbase Expands Base Network with Wrapped Cardano and Litecoin Tokens

Coinbase has integrated Cardano's ADA and Litecoin onto its Ethereum layer-2 network, Base, through the introduction of cbADA and cbLTC. These wrapped tokens are fully backed by their underlying assets held in Coinbase custody, with minting and burning conducted at a 1:1 ratio. Regular proof-of-reserves audits ensure transparency.

Over 11,300 wrapped LTC and 2.9 million wrapped ADA have already been minted on Base, signaling strong initial adoption. The move follows Coinbase's earlier additions of wrapped Bitcoin, Ether, XRP, and Dogecoin, solidifying Base's position as a leading cross-chain ecosystem in the layer-2 space.

Wrapped tokens bridge interoperability gaps, enabling ADA and LTC holders to participate in Ethereum-based DeFi activities like yield farming and trading without liquidating their original holdings. Base's TVL now exceeds $3 billion, with ecosystem projects likely to offer liquidity incentives for these new assets.

Dogecoin Defies Market Volatility with 17% Rebound as Key Support Holds

Dogecoin surged 17% from weekend lows, firmly defending the $0.16 support level amid turbulent market conditions. The memecoin closed at $0.1657, demonstrating resilience despite macroeconomic headwinds rattling broader digital asset markets.

Coinbase's integration of wrapped Dogecoin on its Base Layer-2 network expands utility potential, while Elon Musk's X platform secured money transmitter licenses in 39 U.S. states—fueling speculation about future DOGE payment integrations. Technical indicators suggest a 20% upside toward the $0.2 resistance zone if current momentum holds.

Buying pressure intensified at $0.1628 during peak trading hours, with nearly 300 million Doge changing hands. The rebound showcases Dogecoin's unique position as both a cultural phenomenon and increasingly viable blockchain asset.

FHFA Greenlights Cryptocurrencies as Mortgage Collateral Under Trump-Era Policy

The Federal Housing Finance Agency has authorized Fannie Mae and Freddie Mac to accept cryptocurrency holdings as qualifying assets for mortgage applications. The directive, issued under Trump-appointed FHFA leader William Pulte, marks a strategic alignment with the former president's push to establish U.S. dominance in digital asset markets.

Bitcoin and other exchange-listed cryptocurrencies will now factor into risk assessments for government-backed home loans, provided borrowers custody assets on regulated U.S. platforms. The policy creates novel pathways to homeownership for crypto investors while introducing complex valuation challenges for lenders navigating the sector's volatility.

This development completes a trifecta of Trump-era crypto initiatives that previously included a Bitcoin reserve fund, CBDC prohibition, and creation of specialized regulatory roles. The mortgage policy particularly benefits holders of major cryptocurrencies like Bitcoin and Ethereum seeking to leverage digital wealth for traditional financing.