XRP News Today: XRP Gains Momentum as SEC Withdraws Appeals, Litecoin Eyes $260, Pepeto Presale Surpasses $6.2M

The cryptocurrency market is currently witnessing a mix of momentum-driven moves and project-specific developments. XRP, Litecoin (LTC), and the Ethereum-based memecoin Pepeto (PEPETO) are among the assets drawing particular attention from traders and institutional observers alike.

XRP, currently valued at around $2.8, is showing signs of a favorable outlook. The price has climbed steadily amid reduced regulatory uncertainty, as the U.S. Securities and Exchange Commission (SEC) has withdrawn its appeals against Ripple. On-chain activity suggests that large holders are accumulating the asset, per analyst Ali Martinez. Institutional interest is also rising, with several firms disclosing holdings or investing through partnerships. A base-case price target of $3.50 to $4 by late 2025 is widely cited, while more optimistic analysts see potential for a move toward $6.58 if adoption and market conditions persist [1].

Meanwhile, Litecoin is showing resilience, trading near $114 after posting 19 positive sessions in the past month. Mining difficulty has surged to 97.15 million, a record level since the coin’s launch, signaling increased network participation. Analysts highlight that such mining strength, if sustained, could support a price doubling, potentially pushing LTC toward $260 [2].

Pepeto (PEPETO) is emerging as a standout in the memecoin space, with its presale reaching over $6.2 million at an entry price of $0.000000148. The project is distinguishing itself through utility-driven features, including PepetoSwap—a zero-fee decentralized exchange—and a native cross-chain bridge, allowing seamless asset transfers across multiple blockchain networks. These tools are designed to reduce transaction costs and improve trade execution, addressing common inefficiencies in the memecoin space [3].

The project is also building a framework for credible meme token listings, aiming to attract stronger teams and liquidity. Staking targets have been set at up to 243 percent annual percentage yield (APY), and whale activity is already visible, echoing patterns seen in the early phases of projects like PEPE and SHIB. Analysts suggest that if listings and usage scale as expected, PEPETO could see a 50x increase post-launch, projecting a price of approximately $0.00000735 [4].

The broader market context supports these movements, as risk appetite returns and investors seek assets with high growth potential. With XRP and LTC showing constructive trends and Pepeto capturing attention for its utility-driven approach, the crypto space remains dynamic.

Source: [1]https://blockonomi.com/crypto-news-today-pepeto-presale-surges-as-xrp-price-prediction-improves-and-litecoin-targets-260/