XRP News Today: Texas Leads U.S. States in Bitcoin Reserve Funding with $10 Million Allocation

Generated by AI AgentCoin World
Sunday, Jun 29, 2025 12:26 pm ET2min read

Texas has made a significant move in the world of digital assets by becoming the first U.S. state to authorize and fund a publicly managed

reserve. Governor Greg Abbott signed Senate Bill 21 into law, allocating $10 million for the state treasury to purchase Bitcoin. This action is more than symbolic; it represents a broader institutional shift in how governments perceive and utilize digital assets.

Bitcoin's rise is paving the way for other cryptocurrencies to gain institutional recognition, particularly as the odds of ETF approvals increase for assets like

(SOL), (LTC), and . Regulatory clarity is improving, and analysts view this as a major green light for the altcoin market.

For investors looking to capitalize on this trend, three standout tokens are gaining momentum. Little Pepe (LILPEPE) is a Layer 2 blockchain designed for memecoins, focusing on speed, scalability, and anti-bot security. Currently in Stage 3 of its presale at $0.0012, LILPEPE aims to become the Solana of meme tokens. It offers zero tax and near-zero fees, sniper bot protection, and a dedicated memecoin launchpad. Its tokenomics are built for long-term scale, with allocations for presale, chain reserves, staking, liquidity, marketing, and DEX listings. LILPEPE is confirmed for two Tier-1 CEX listings at launch and has a $777,000 presale giveaway.

Solana's inclusion in ETF filings recognizes its maturing role in the crypto ecosystem. The SEC's engagement with filings for a Solana ETF, with a final deadline set for October 10, 2025, suggests that the agency views SOL as a potential commodity. Analysts estimate a 95% chance of ETF approval, which could fuel renewed demand from institutional investors. Solana has recovered from the FTX fallout and is the backbone for multiple high-velocity applications, including DeFi, NFTs, on-chain games, and social platforms. If the ETF gets approved, SOL could see significant inflows from traditional finance players.

XRP's journey through legal challenges has positioned it as a favorite for regulatory clarity. The SEC received a request for a spot XRP ETF on January 30, 2025, with big names like Grayscale, Bitwise, and Franklin Templeton supporting it. Analysts expect almost specific approval because the final decision is due on October 17, 2025. Regulators already view XRP as a commodity, and it has CFTC-regulated futures contracts in place. Its strong global remittance use case supports its real-world value. As states like Texas pioneer Bitcoin reserves, XRP's institutional-grade infrastructure and fast settlement system make it a likely inclusion in diversified crypto treasuries.

Texas is not alone in its embrace of cryptocurrencies. States like Arizona and New Hampshire have passed similar legislation, and many more are watching closely. Texas's commitment to funding its Bitcoin reserve shows a level of dedication beyond mere symbolism. As Bitcoin ETFs normalize crypto exposure, it is only a matter of time before states begin exploring other asset-backed reserves.

Tokens like Solana, XRP, and LILPEPE offer unique advantages. Solana brings scalability and developer activity, XRP offers remittance utility and legal clarity, and LILPEPE taps into cultural energy while building its infrastructure, making it the highest-risk, highest-reward play of the three. As regulations become clearer and more states adopt cryptocurrencies, the rules for both retail and institutional investors are changing. It is no longer enough just to hold Bitcoin or Ethereum; investors need to find the next level of fundamental assets.

Solana is a scalable smart contract platform, XRP is the compliance-first remittance tool, and Little Pepe is the chain built for meme virality, web3 culture, and viral user onboarding. As Texas and others begin to normalize crypto treasuries, demand for high-conviction altcoins is expected to surge. For those willing to take action before the next leg up, now could be the time to stack before the rest of the country catches on.