XRP News Today: Cardano ETF Spark ADA 17% Surge as Institutional Interest Grows

The cryptocurrency market is experiencing a renewed wave of optimism in early August 2025, as speculation around the potential approval of a Cardano (ADA) ETF gains traction. Grayscale’s recent registration of its Cardano Trust ETF as a Delaware Statutory Trust has fueled bullish sentiment across the altcoin space, with ADA surging over 17% to nearly $1.00, marking its highest level in five months [1]. The move reflects a growing appetite for institutional-grade crypto products and suggests the U.S. Securities and Exchange Commission (SEC) could greenlight the ETF by late August, according to Bloomberg analysts [2].

Alongside this momentum, PEPE continues to hold its ground in the meme coin sector, with its price fluctuating between $0.000011 and $0.000013. Despite a 9.61% dip in the week leading up to August 12, the token has gained nearly 39% in August, driven largely by whale accumulation and social media buzz. Technical indicators suggest PEPE could break out of its resistance zone at $0.000012, potentially surging between 15% and 30% [3]. However, analysts caution that meme coins remain highly speculative, and their long-term sustainability is uncertain [4].

Meanwhile, attention is shifting to a lesser-known altcoin dubbed by some as “2025’s top gem.” Analysts have drawn comparisons between this emerging token and XRP’s explosive performance following the approval of the XRP ETF in early 2025. The project, referred to as MAGACOIN FINANCE in some market circles, is being quietly positioned as a strategic investment by institutional investors and whale wallets. Unlike high-profile projects, MAGACOIN FINANCE is gaining traction through under-the-radar development, strong community support, and consistent accumulation activity, mirroring XRP’s pre-bull run pattern [1].

The shift in whale behavior is notable—investors appear to be moving away from meme coins like Dogecoin and other altcoins to focus on projects with clearer fundamentals and technical advantages. Analysts suggest this trend reflects a growing preference for early-stage tokens that could benefit from the broader ETF-driven market expansion [2]. MAGACOIN FINANCE, in particular, is being highlighted for its quiet but consistent on-chain activity and its potential for substantial growth if the altcoin ETF narrative continues to gain momentum [1].

With Cardano leading the ETF charge and PEPE maintaining its meme coin relevance, the market is beginning to look beyond top-10 projects for the next big opportunity. The focus is now on low-market-cap tokens with strong development pipelines and institutional backing. MAGACOIN FINANCE is one such project that analysts predict could mirror XRP’s trajectory, with increasing smart money inflows and a growing number of large investors shifting their attention to it [1].

As the crypto market continues to evolve, investors are advised to remain cautious but attentive to the signals emerging from whale movements and institutional interest. While the potential for high returns remains, the volatile nature of the sector means that due diligence is essential for any investment decision [4].

Source:

[1] Coindoo - [https://coindoo.com/pepe-and-a-hidden-altcoin-surge-after-solana-etf-approval-analysts-call-it-2025s-hottest-gem/](https://coindoo.com/pepe-and-a-hidden-altcoin-surge-after-solana-etf-approval-analysts-call-it-2025s-hottest-gem/)

[2] Blockchair - [https://blockchair.com/news/crypto-etf-news-trigger-market-rebound-ethereum-doge-and-a-new-altcoin-named-best-buys-for-2025--ed31533cdc](https://blockchair.com/news/crypto-etf-news-trigger-market-rebound-ethereum-doge-and-a-new-altcoin-named-best-buys-for-2025--ed31533cdc)

[3] Coindoo - [https://coindoo.com/memecoin-momentum-dead-pepe-and-shib-both-lose-steam-as-unilabs-mining-explodes/](https://coindoo.com/memecoin-momentum-dead-pepe-and-shib-both-lose-steam-as-unilabs-mining-explodes/)

[4] Blockchair - [https://blockchair.com/news/why-is-crypto-market-down-today-bitcoin-ethereum-xrp-news-litecoin-price-and-more--90bedf0cb6](https://blockchair.com/news/why-is-crypto-market-down-today-bitcoin-ethereum-xrp-news-litecoin-price-and-more--90bedf0cb6)