XRP Whales Dump Millions Amidst SEC Showdown; StratoVM's Bitcoin Revolution

XRP, the native cryptocurrency of Ripple, has been in the spotlight recently due to significant sell-offs by whales and the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). As the lawsuit nears its end, investors are speculating about the potential impact on XRP's price.

In the past 24 hours, XRP whales have dumped over 81 million tokens, with two major transactions totaling 81.53 million XRP being transferred to exchanges. This has raised concerns about declining investor risk appetite and the potential for a sell-off. However, it is essential to note that a whale also recently acquired 20 million XRP from Gemini, indicating that some investors are still accumulating the cryptocurrency.

Analysts are divided on the future direction of XRP's price. Top analyst CasiTrades warns that if bearish momentum continues, XRP could slip below the critical $2 level. However, the analyst also noted that if XRP holds above the $2.82 support, it could maintain its upward trajectory. In the event of a breakdown, key support zones could be found at $2.18 and $1.96.

The SEC's long-running battle with Ripple is finally winding down, and an ultimate ruling could set a precedent for how digital assets are regulated across the entire crypto industry. A favorable outcome for Ripple might trigger a massive XRP rally beyond just $3, potentially leading to a 10x increase in its price.

Meanwhile, StratoVM, a Layer-2 solution for Bitcoin, has gained significant attention due to its potential to improve Bitcoin's scalability, efficiency, and security for DeFi applications. Backed by a 100,000+ community, StratoVM is fully compatible with Ethereum's Virtual Machine (EVM), enabling seamless migration of Ethereum-based smart contracts and dApps to Bitcoin with minimal friction.

StratoVM's mainnet launch is approaching, and its testnet has already proven its capabilities by supporting over 113,312 registered wallets and processing more than 56,200 transactions daily. With a 220% price surge last week, live trading on Uniswap and CoinGecko, and a thriving community of over 150,000 testnet wallets, Str