XRP News Today: XRP Surges 3% on ETF Approval Hopes, Pepeto Gains Traction with New Exchange

XRP, the cryptocurrency associated with Ripple, is currently trading around $2.26, according to Binance and CoinMarketCap. Ripple is actively pursuing global expansion and has secured several legal victories in the United States. Despite these developments, some traders are shifting their focus away from XRP and Pepe Coin, which has been making headlines. Pepe Coin, currently trading near $0.00001275, has a market cap exceeding $5.5 billion and is listed on major platforms such as Binance, Coinbase, OKX, and KuCoin. However, the coin experienced a significant drop in April 2023, and early investors have already made substantial profits. To double its current value, Pepe Coin would need an additional $5.5 billion, which is challenging for a meme coin with no real utility.

In contrast, Pepeto, a new meme coin, is gaining attention. Currently in presale at $0.000000134, Pepeto has a unique story and mission. The narrative suggests that Pepeto was left with the letters "T" and "O" after Pepe took "P, E, P, E." Pepeto aims to be more than just a meme coin, offering real tools such as a new exchange for meme coins, easy bridge features for cross-chain trading, no-fee swaps, and a strong, growing community. The Pepeto team recently announced that the demo version of the Pepeto Exchange is ready and will be displayed on their official social media platforms within a week. This development is expected to enhance the coin's utility and visibility.

If Pepeto were to reach the same price as Pepe, which is $0.00001242, a $10,000 investment in Pepeto at its current price would yield approximately 74.6 billion tokens. If Pepeto's price increases to $0.00001242, those tokens would be worth around $926,000, potentially life-changing for investors. The Pepeto team has confirmed on social media that the Pepeto Exchange will launch in the next few days, further boosting its utility and visibility. To purchase Pepeto, investors can use wallets like MetaMask or Trust Wallet, add ETH, USDT, or BNB, and buy tokens on the Pepeto website. Staking Pepeto tokens can also earn rewards.

XRP, another notable cryptocurrency, is currently trading around $2.31 and has surged over 3% in the past week. This upward momentum is driven by optimism surrounding a potential exchange-traded fund (ETF) approval. Market expert James Seyffart has placed the probability of an XRP ETF approval in 2025 at 85%, further boosting market sentiment. XRP's technical indicators suggest a continued uptrend, with the asset trading above the 200-day Simple Moving Average (SMA).

Pepe, another altcoin, has experienced volatility but remains a top investment choice for 2025. Despite a 6% decline in the past month, PEPE is trading at $0.00001281, with bullish sentiment indicated by twelve moving averages flashing buy signals. The Fear and Greed score of 72 further supports a positive outlook, positioning PEPE for potential growth. Murad, a popular market voice, shared that one-fifth of PEPE whale wallets are holding their assets, suggesting confidence in a future price surge.

Cardano (ADA) has also benefited from positive market sentiment, with a 7% increase reaching $0.71. Technical indicators, including the MACD level flashing a buy signal and the 10-day Exponential Moving Average (EMA) at 0.6936, suggest continued upward momentum. Whales have also shown interest, scooping up over 120 million ADA tokens in the past 48 hours. Experts predict ADA could reach $0.9 in June, representing a 28% increase from its current level.

Solaxy, a modular Layer-2 chain, is gaining attention for its solution to Solana's network congestion issues. Operating as a multichain bridge, Solaxy removes friction associated with cross-chain swaps, particularly between Ethereum and Solana. With over $47 million raised and early investors eyeing returns between 10x and 50x, Solaxy's Layer-2 architecture is scheduled for launch this month, positioning it as a strong contender in the altcoin market.

SUI, another altcoin on an upward trajectory, has recorded a nearly 7% increase in the past week, trading around $3.47. The recent uptick comes amid major ecosystem developments, including a 21Shares SUI spot ETF filing to the SEC. Prominent crypto commentator van de Poppe highlighted SUI's position as the 8th highest coin by Total Value Locked (TVL), signaling massive interest in the SUI ecosystem. SUI's TVL stands at $1.87 billion, with SuiLend's TVL surging over 90% to $700 million in the last month, making it the largest lending protocol.

The recent rally in Bitcoin above the $110,000 market has triggered positive price movements among altcoins. Popular altcoins such as XRP, PEPE, SUI, and Cardano are recording significant surges, while new altcoins on presale are riding the bullish market wave to smash milestones. As the market shows signs of a potential breakout in June, smart money investors are repositioning their portfolios to feature some of the best altcoins to buy now.