XRP News Today: XRP ETF Hype vs. Layer Brett’s Meme Surge: A New Battle for Retail Investors

Ripple’s XRP price rose 3% on Sunday, September 7, emerging as the second-best performer among the top 10 cryptocurrencies. This uptick was driven by increased speculative demand as traders anticipate developments in the pending U.S. Securities and Exchange Commission (SEC) decision on cryptocurrency ETFs, expected around October 18. Community discussions and analysis by analysts like AlphaTrades highlight that seven asset managers have submitted XRP ETF filings, all expected within a week-long window from October 18 to October 25. This anticipation has fueled bullish sentiment, particularly among leveraged traders, as evidenced by a 17% increase in XRP futures trading volume and a 3% rise in open interest over the past 24 hours [1].

However, while the speculative nature of the rally is clear, it is also accompanied by a 10.3% decline in XRP’s 24-hour trading volume. This divergence between price and volume suggests that the recent gains are largely driven by leveraged speculation rather than broad market demand. Technical indicators further support this view: XRP is currently consolidating near $2.88, with RSI at 48.3 after bouncing from oversold levels. A breakout above the $3.07 resistance could target $3.20 or even $3.45 if ETF speculation intensifies. Conversely, a breakdown below $2.70 support could lead to a retracement toward $2.50, particularly if macroeconomic factors trigger liquidation events [1].

Amidst the XRP ETF speculation, a new Ethereum layer 2 memecoin, Layer Brett ($LBRETT), has emerged as a potential rival for speculative attention. In its presale phase, $LBRETT is priced at $0.0055, and analysts have raised the possibility of a 50x return by December 2025. Built on Ethereum layer 2 technology, Layer Brett offers fast transactions, low fees, and a staking program that currently offers up to 900% APY for early participants. These features position it as a high-growth contender, especially in a market that historically favors tokens with viral appeal and scalable infrastructure [3].

Compared to XRP and other legacy tokens, Layer Brett has the advantage of being a newer entrant with a lower entry barrier and high staking incentives. This is attracting investors who are seeking more aggressive returns than what XRP can offer in the short to medium term. Some analysts suggest that the token could rival the growth trajectories of past meme coins like Shiba Inu and Pepe Coin, particularly if it continues to build utility through planned features such as gamified staking, NFT integrations, and cross-chain expansion [3].

The shift in market attention from XRP to Layer Brett reflects broader dynamics in the crypto space. While XRP has maintained a strong presence in the institutional and cross-border payments sectors, its retail appeal has waned due to muted price action and legal uncertainties. In contrast, Layer Brett’s Ethereum layer 2 foundation and meme-driven marketing strategy have positioned it to capture speculative flows that are typically directed toward high-growth projects. This trend is consistent with historical patterns where new presales and meme coins generate significant short-term momentum during bull cycles [5].

Despite the speculative nature of the current XRP rally, the broader market is showing signs of shifting focus. While XRP remains a key asset in the crypto ecosystem, its ability to deliver exponential returns in the near term is constrained by its large market cap. Meanwhile, tokens like Layer Brett are being positioned as potential breakout plays, particularly for traders seeking higher-risk, higher-reward opportunities. Analysts caution that while XRP’s price could move toward $2–$5 in the next 12–18 months, it is unlikely to generate the kind of explosive growth that has characterized recent meme coin cycles [5].

Source: [1] Ripple (XRP) Price Moves Toward $3 as Community ... (https://finance.yahoo.com/news/ripple-xrp-price-moves-toward-215804400.html) [2] Shiba Inu Faces Market Pressure as Layer Brett Presale ... (https://www.tribuneindia.com/partner-exclusives/shiba-inu-faces-market-pressure-as-layer-brett-presale-gains-momentum/) [3] XRP Price Predictions Turn Sour as Layer Brett Presale ... (https://www.digitaljournal.com/pr/news/insights-news-wire/xrp-price-predictions-turn-sour-1318956762.html) [4] XRP Price Slides As Layer Brett Captures Attention With ... (https://www.mitrade.com/au/insights/news/live-news/article-3-1102265-20250907) [5] XRP Price Prediction: Why Buying Layer Brett Could Turn ... (https://www.digitaljournal.com/pr/news/indnewswire/xrp-price-prediction-why-buying-1576899983.html)