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XRP News: Volatility Continues Amid SEC Appeal and Analysts Divide Over Future Trajectory

XRP News: Volatility Continues Amid SEC Appeal and Analysts Divide Over Future Trajectory

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XRP News
Published:
2025-03-08 16:47:40
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XRP Price Plummets Amid SEC Developments; Analysts Eye Yeti Ouro Presale

XRP faced renewed volatility this week, dropping 18% to $2.29 amid uncertainty around the SEC’s appeal in its lawsuit against Ripple. The price rebounded to $2.45 after a whale accumulated $3.26 billion in XRP tokens. Analysts remain divided on XRP’s short-term trajectory. Meanwhile, Yeti Ouro ($YETIO), a deflationary token, gained traction with over 204 million tokens sold in its third presale phase.

Ripple Labs Could Pay SEC Settlement With XRP

Pro-crypto lawyer Jeremy Hogan recently highlighted a possible outcome in the Ripple vs. SEC case, suggesting that Ripple Labs might use XRP to settle its $125 million fine with the US Securities and Exchange Commission (SEC). If this happens, it could bolster XRP’s legitimacy as a US asset, potentially leading to a price surge. Hogan cited a historical Supreme Court case, Willard v. Tayloe, as a precedent where the court ordered the performance of a contract in gold instead of dollars, which Ripple could take clues from.

XRP’s US Reserve Hype vs DTX’s 120K Asset Marketplace - Which Offers Better Gains in 2025?

Due to the US Reserve hype, XRP’s price surged but soon returned to previous levels. In contrast, DTX Exchange is gaining attention with its 120,000 asset marketplace, offering guaranteed 2x returns for early presale investors in 2025. With a listing price at $0.36, early investors have a rare chance to double their investment by buying DTX tokens at $0.18. DTX Exchange has accumulated over $15.8 million in funds and is still in the bonus round of presale.

Volatility Shares Files for 3 XRP ETFs

Volatility Shares, an asset manager known for launching innovative exchange-traded funds (ETFs), has filed for three new products centered on XRP. These include a spot XRP ETF, a 2x Leveraged XRP ETF, and an inverse -1x XRP ETF. The spot XRP ETF tracks the price of the cryptocurrency directly, the 2x XRP ETF amplifies daily price movements by a factor of two, and the -1x XRP ETF allows investors to bet against XRP’s price. Expectations are rising for regulatory approval of a spot XRP ETF, with traders on Polymarket currently weighing a 77% chance of approval this year, although the odds of approval before July 31 are lower at 35%.

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