Ripple's XRP Surges on ETF Hopes; Pepe Rebounds as Whales Buy; 1Fuel Enters DeFi

Ripple's XRP price is gaining momentum in the decentralized finance (DeFi) coin market, with growing speculation around exchange-traded funds (ETFs) fueling a bullish outlook. While Ripple's price shows promise, Pepe, another DeFi coin, is also demonstrating signs of recovery, thanks to renewed whale activity. Meanwhile, the market is witnessing new dynamics with the arrival of 1Fuel (OFT), a DeFi project designed to simplify cross-chain transactions and offer price stability.

Ripple's price surge is driven by intensifying institutional interest in the DeFi coin sector. The US-based securities exchange MEMX has filed for approval to list an XRP ETF, which has sparked fresh interest in the coin. This move has led to 15 different ETFs competing for regulatory approval. The potential approval of an XRP ETF is seen as a major catalyst for Ripple's price, which has already climbed from $2.2 to $2.6 in the past week. With institutional demand rising, XRP is strengthening its position in the DeFi coin market. If the SEC approves the ETF, it could open the floodgates for broader adoption, potentially pushing Ripple's price to $400 in the coming years.

While Ripple surges, Pepe is showing signs of recovery after weeks of price struggles. The meme coin has lost 32% from its January closing price of $0.000014 but holds at $0.0000094. Its market cap has fallen from $10 billion to $4.1 billion, erasing almost $6 billion in value. Despite the decline, investor confidence remains strong, with recent whale activity signaling renewed interest. On-chain data from SpotOnChain shows that a whale withdrew 375.35 billion PEPE from Binance. With whales scooping up assets, analysts expect Pepe to reclaim $0.00001 in the coming weeks.

As Ripple solidifies its role in DeFi and Pepe fights for a comeback, 1Fuel is emerging as a new player, adding fresh competition to the market. 1Fuel simplifies cross-chain transactions, allowing users to handle everything with just one click, making transactions seamless and stress-free. This innovation is set to break barriers and bring crypto to the masses. Price stability is another game-changer for 1