XRP News Today: XRP Surges 12% on Legal Progress and Bullish Technicals

XRP surged over 12% in early August 2025, driven by a combination of whale trading activity and broader optimism in the altcoin market. The price rally was reinforced by a golden cross—a technical indicator historically associated with a shift from bearish to bullish momentum [1]. XRP’s market capitalization climbed to $198.1 billion, surpassing the valuation of Uber, which stood at $193.78 billion. This development was linked to a joint motion from the SEC and Ripple to dismiss their ongoing legal appeals, which triggered a price jump from $2.99 to $3.38 before settling near $3.34 [1]. On-chain data, however, showed caution, with whales offloading 640 million XRP—worth $1.91 billion—since July 9, a pattern that has previously preceded significant price corrections [1].

Simultaneously, Ethereum-based memecoin PEPE showed strong momentum, with a 4.80% price increase over the past week and $715 million in 24-hour trading volume [1]. Crypto influencer Jake Ggain predicted that PEPE could potentially surpass Shiba Inu in market value during this cycle. Despite SHIB maintaining a $7.57 billion market cap, Ggain pointed to PEPE’s growing volume, bullish sentiment, and its position as the “biggest meme on ETH” as key factors for its potential rise [1]. This forecast came as Ethereum approached a new all-time high, reaching above $4,200 for the first time this week, which added fuel to the meme coin speculation.

MAGACOIN FINANCE, another rising name in the meme coin space, has drawn attention for its robust security measures and increasing investor confidence. The project has completed a HashEx audit and is currently undergoing a CertiK review—two of the most respected names in blockchain security [1]. It also received a 100/100 Trust Score on Scam-Detector and features built-in anti-phishing protocols. MAGACOIN FINANCE is compatible with major wallets like MetaMask, Trust Wallet, and Coinbase Wallet, further enhancing its credibility and accessibility [1].

As Q4 2025 approaches, the market appears poised for increased competition and activity across both utility and meme coin sectors. XRP’s legal resolution and bullish technical signals have created momentum for the broader altcoin market. PEPE’s growing traction and MAGACOIN FINANCE’s security-driven approach highlight the evolving landscape of crypto investing. While whale activity and volume spikes suggest strong institutional and retail interest, traders are urged to remain cautious due to the inherent volatility of the market [1].

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[1] Fresh Data Suggests Ether, XRP, Solana, DOGE, Cardano, Shiba Inu Massive Eruption Brewing (https://example.com/1)