XRP News Today: SEC Ruling and ETF Hopes Drive XRP Toward $5.00 as RTX Surges with 50% Bonus and $17.4M Raise

Ripple’s XRP has re-entered the spotlight amid growing institutional demand and anticipation of a U.S. Securities and Exchange Commission (SEC) ruling on July 31, which could resolve the agency’s appeal against the company. Analysts suggest that favorable legal outcomes and potential regulatory clarity—such as the rumored approval of BlackRock’s iShares XRP Trust—may propel the asset toward $5.00, up from its current level of $3.00 [1]. The SEC’s decision is seen as a critical catalyst, with a dismissal potentially reshaping the regulatory landscape for cryptocurrencies. However, traders caution that delays in the agency’s response could hinder near-term bullish momentum [1].

The XRP narrative is further fueled by speculation around the iShares XRP Trust, mirroring the approval processes for Bitcoin and Ethereum ETFs. If launched, such a product could signal broader institutional acceptance of Ripple’s token. Current technical indicators suggest a potential breakout to $3.30–$3.50, contingent on legal and regulatory alignment [1].

While XRP’s legal and institutional trajectory draws attention, analysts are increasingly highlighting Remittix (RTX) as a potential outperformer. The Ethereum-based PayFi project has attracted investors with its real-world use cases, including a beta version of its Remittix Wallet launching on September 15. RTX’s token sales have raised over $17.4 million, nearing its $18 million soft cap, with 570 million tokens sold to date [1]. The project’s CertiK-audited smart contracts and upcoming product milestones are cited as advantages over XRP’s ongoing regulatory uncertainties [1].

Experts argue that RTX’s utility-driven approach and transparent development model position it to outperform XRP in the short term. Unlike Ripple’s legal battles, Remittix’s focus on cross-border payments and user-centric features—such as the wallet’s full functionality—has garnered momentum [1]. Some analysts suggest that even if Ripple secures a legal victory, RTX’s tokenomics and ecosystem growth could sustain its lead over the next quarter [1].

The shift in institutional sentiment reflects broader market dynamics. While XRP’s ETF potential remains a focal point, investors are diversifying their exposure to projects with clearer regulatory profiles. RTX’s 50% bonus for new buyers and its rapid adoption in the PayFi space further differentiate it from XRP’s speculative narrative [1].

Ripple’s legal battle and ETF prospects remain pivotal for XRP’s long-term trajectory. However, the market’s appetite for projects with tangible applications appears to be favoring alternatives like RTX. As institutional demand evolves, the interplay between regulatory clarity and product innovation will likely determine which asset gains the upper hand in the coming months [1].

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[1] [XRP Price Prediction: Can Ripple’s Institutional Surge Drive XRP To $5? Experts Believe This Coin Will Outrun XRP] (https://coindoo.com/xrp-price-prediction-can-ripples-institutional-surge-drive-xrp-to-5-experts-believe-this-coin-will-outrun-xrp/)