XRP Eyes $8 Amid Growing ETF Approval Speculation

XRP price climbs amid ETF approval speculation, with analysts predicting $8 if approved, despite risks of potential corrections.



XRP’s price has been on a really steady rise lately, boosted by its partial legal victory over the SEC. With the hope of a potential ETF approval, the price could surge even higher. Analysts are speculating that if XRP gets its own spot ETF, the price could hit $8, though that’s still uncertain.

While February started off shaky, XRP has climbed 2% in the past 24 hours and is up 8% from its low point of $2.26 earlier this month. Traders are getting increasingly optimistic that the SEC might approve a spot XRP ETF, and everyone’s watching closely to see how this plays out.

The RSI (Relative Strength Index) is at 41.95, near the lower band, which could be a sign of a price bounce. Crypto analyst CoinsKid also suggests that XRP is showing signs of a bullish reversal, with a possible parabolic move to the $8 level.

But there is also the risk of a major correction if the tide turns. The chart analysis is showing that XRP might witness a reversal to lower levels of $0.82 or $0.38 if it doesn’t work out.

With expectation building around the hope of ETF approval, everyone is holding its breath for the SEC, with rumors hinting at the official announcement about to be made.

Also Read: CZ’s Dog-Inspired Memecoin Hits $400M Market Cap Before Cooling Down

Crypto Market Update (Feb 14, 2025): Bitcoin Stagnates, Telcoin Surges

Bitcoin is fluctuating between $95K-$97K, while altcoins such as TEL (+26%), JUP, and KAS skyrocket. Crypto market cap reaches $3.12T.



Bitcoin has moved laterally over the last week in the $95K-$97K range, unable to take out the $100K level after it was unable to sustain above that level last week. While BTC holds firm, altcoins are on the move, with some appreciating by quite a bit.

Among the top performers, Telcoin (TEL) gained 26% after EU deposits and withdrawals were added. Other trending altcoins like JUP, KAS, and HYPE have also gained fantastic momentum over the past month. Meanwhile, XRP stunned the market with a 6% rise in 24 hours.

Ethereum and other major altcoins are in general taking hints from Bitcoin, maintaining their daily close levels. Total crypto market capitalization is $3.12 trillion, with the total trading volume decreased by 28% as Bitcoin is avoiding any major volatility.

Today’s most trending cryptos are TEL, BNB, TRUMP (Official Trump), NOT (Notcoin), and JUP. The top day gainers are TEL with a 26% gain, followed by JUP (+9.3%), KAS (+9%), WIF (+7%), and HYPE (+5%).

Since Bitcoin is yet to come out of its range, altcoins are looking good today, and it’s a good day for traders who are looking for breakout potential.

Also Read: OpenSea Launching $SEA Token and Expanding into Crypto Trading

GameStop Reportedly Exploring Investments in Bitcoin and Crypto Assets

GameStop is considering Bitcoin and crypto investments, sending stock 20% higher, with CEO Ryan Cohen leading digital expansion and monetary shifts.

GameStop is said to be entering crypto and Bitcoin on a large scale. This has made investors wait for it. The video game retailer has been rumored to be keen on investing in Bitcoin and other cryptocurrencies as it seeks to venture into new areas of growth. While nothing has been disclosed, the company is taking its time, weighing the pros and cons of venturing into blockchain investment.

As news of the change hit the stands, GameStop stock jumped 20% after-hours, basking in the excitement this new revolution has to offer. GameStop CEO Ryan Cohen has been too busy driving GameStop out of its bricks-and-mortar retail roots, towards online expansion and smarter investing.His recent meeting with MicroStrategy’s Michael Saylor—Bitcoin’s most vocal proponents—only fueled the speculation.

GameStop is no new kid on the crypto block. It initially brought out a crypto wallet about 3 years ago to support NFTs and shut it up about 2 years ago due to regulatory issues. Now, sitting on $4.6 billion in cash in the bank, the company is looking for alternative investment options.

If GameStop follows through, it could join companies like MicroStrategy in betting big on Bitcoin. A board-approved investment policy from December about 2 years ago gives Cohen the power to lead the charge, ensuring every move aligns with GameStop’s financial future.

Also Read: Ethereum Foundation Moves 45,000 ETH to DeFi Instead of Selling

PancakeSwap’s CAKE Surges 60% – Here’s What’s Fueling the Rally

CAKE just popped 60%, hitting $3.08, thanks to massive staking rewards and upgraded cross-chain swaps boosting investor confidence!



PancakeSwap’s native token, CAKE, recently rose 60% in a span of 24 hours to a peak of $3.08 and its market cap to $899.41 million. Its 24-hour volume also hit $1.07 billion, up by 335%.

So what is powering the CAKE rally? Partly, one large reason is the revenue-sharing program of PancakeSwap. At the start of 2024, a total of 770,527 CAKE tokens (~$1.9 million) have already been distributed to stakers, i.e., more investors are locking up their CAKE, diminishing supply while expanding demand.

Adding insult to injury, PancakeSwap has also been extremely proactive in stepping up its game with cross-chain trades and MEV protection. This has led to it drawing more liquidity providers and enhancing its DEX ecosystem. All these developments, coupled with profitable staking rewards, have further fueled the fire.

Before this, CAKE had been stuck in a long correction, which made traders skeptical. But now, with 100% growth in a week, the mood has completely shifted. With staking incentives still strong, analysts expect more momentum as long as demand holds up.

Also Read: Spiko Introduces Tokenized T-Bills on Etherlink Layer 2

Spiko Introduces Tokenized T-Bills on Etherlink Layer 2

Spiko drops tokenized T-Bills on Etherlink, bringing secure, yield-bearing USD & Euro savings to DeFi. Launch set for February!

Paris-based fintech Spiko is shaking up DeFi by launching tokenized U.S. and E.U. T-Bills on Etherlink, a blazing-fast Layer 2 blockchain on Tezos. This move lets users hold yield-generating assets in self-custodial wallets, giving them secure savings in both USD and Euro—a first in the space.

Spiko is no small player. With $165M+ in assets, their tokenized funds, USTBL and EUTBL, rank among the top real-world assets (RWAs) in crypto. Etherlink’s ultra-low fees, sub-second transactions, and censorship resistance make it the perfect platform for expanding DeFi’s reach. The network already integrates with big names like Arbitrum, Starknet, and Polygon PoS.

Spiko’s CEO Paul-Adrien Hyppolite believes finance should be digital, open, and composable, bridging the gap between traditional markets and blockchain. Unlike most DeFi products, Spiko’s funds follow strict European UCITS regulations, ensuring top-tier security and transparency.

Etherlink is rapidly becoming a leading DeFi hub, welcomed projects such as uranium.io (the first ever uranium marketplace online) and a.etherlink domain service. As Spiko goes live in February, Etherlink is demonstrating that Tezos L2 is here to stay.

Also Read: HTX Delists PI Coin and Suspends Trading Before Mainnet Launch

HTX Delists PI Coin and Suspends Trading Before Mainnet Launch

HTX is ditching PI IOU trading, swapping holdings for USDT (1:61.28). PI’s real mainnet is coming, and HTX promises to list the actual token once it’s live. Stay tuned!

HTX just made a bold move—it’s delisting PI Coin’s IOU version and swapping user holdings for USDT at a 1:61.28 rate. The exchange will stop all PI IOU trading on Feb 13 at 08:00 UTC, automatically canceling open orders and crediting users’ spot accounts with the converted assets.

Why? The long-awaited Pi Network mainnet is finally in sight. This could be a game-changer, moving Pi from its closed system to a completely decentralized blockchain. As hype builds, HTX is leading the way for the real PI token, which they assured will be listed ASAP on mainnet launch.

Retail investors are paying close attention as Pi Network has been gaining traction for years. Unlike most crypto projects, Pi lets users mine coins on their phones without upfront investment—hence its massive user base.

Meanwhile, PI IOU has been struggling, dropping 21% in just a day, making HTX’s move even more significant. For now, PI fans just have to wait for the official token to drop. HTX says, “Stay tuned.”

Also Read : World Liberty Financial Snaps Up $5M in ETH During Market Dip

Canary’s Solana ETF Advances in SEC Review Process

Canary just filed for a Solana ETF, following Grayscale. SEC is reviewing, and a decision could shape future altcoin ETFs.

Canary Capital is making moves in the crypto space by officially filing for a Solana (SOL) exchange-traded fund (ETF), following Grayscale’s similar filing last week. This marks a step forward in bringing Solana into mainstream finance, with the SEC now reviewing the “Canary Solana Trust.”

The SEC has opened a 21-day public comment period, giving the public a chance to weigh in. After that, they’ll decide whether to approve, deny, or extend the decision. A lot of crypto experts are hopeful that Solana and other altcoins will get their own ETFs this year, but no one’s sure exactly when that will happen or in what order. The vibe under the SEC’s new leadership seems more open to crypto compared to when Gary Gensler was in charge.

If Canary’s ETF gets the green light, it’ll make it easier for traditional investors to buy Solana the same way they buy Bitcoin through ETFs. Grayscale’s Solana ETF is a bit ahead in the process, and its outcome could give us a glimpse of how the SEC might handle Canary’s application. It’s an exciting time for Solana and altcoins in the finance world!

Also Read: WazirX Legal Partner Kroll to Conduct User Voting from March 19-28

Pump.fun Sees Surge of Fake Beer Biceps Memecoins Amid Ongoing Controversy

After drama on India’s Got Latent, fake Beer Biceps and Samay Raina memecoins popped up on Pump.fun, pumping fast before crashing. Traders jumped on the hype, just like they did with Elon Musk’s “Harry Bolz” and Saif Ali Khan’s controversy. In crypto, virality = quick cash grabs.



The internet loves drama, and crypto traders love profiting off it. After the India’s Got Latent controversy involving YouTuber Ranveer Allahbadia (Beer Biceps) and comedian Samay Raina, memecoins using their names flooded Pump.fun.

Two of the biggest ones, BEERBICEPS and Justice for Ranveer Allahbadia (JFRA), saw quick pumps—BEERBICEPS spiked 35% before crashing back to its launch price, while JFRA jumped 22% before fizzling out. Both had tiny market caps of around $5,500, meaning they were just quick speculative plays.

Samay Raina wasn’t spared either—tokens in his name also appeared, hitting a market cap of just $5,625. The whole thing started when India’s Got Latent aired roast segments featuring Ranveer and Samay, leading to a police complaint. As soon as the news dropped, crypto traders seized the moment, launching memecoins to cash in on the virality.

This isn’t new—when Elon Musk changed his X name to “Harry Bolz,” a flood of Harry Bolz memecoins hit the market. After news of Saif Ali Khan’s attack, fake tokens in his name appeared too. In the crypto world, every viral moment is just another pump-and-dump opportunity.

Also Read: Pi Coin Market Cap Crashes to $0 on CoinMarketCap – Glitch or Disaster?

WazirX Legal Partner Kroll to Conduct User Voting from March 19-28

WazirX is letting 4.4M users vote on Kroll’s platform (Mar 19-28) for fund redistribution after the ₹2000Cr hack, results on Apr 11.



WazirX is finally letting its 4.4 million users have a say on how their funds will be redistributed after last year’s massive ₹2000 crore hack. The voting will take place on Kroll Information Services (KIS) from March 19-28, as ordered by the Singapore Court overseeing WazirX’s parent company, Zettai Pte Ltd. The goal? To make the process fair and transparent by using an independent third-party platform.

Kroll isn’t just any random firm—it’s the legal partner WazirX hired to sort out creditors’ claims after the crypto exchange got suspended for seven months. During a YouTube town hall on Wednesday, WazirX confirmed that only scheme creditors with approved claims can vote. Plus, regardless of how users vote (or if they don’t vote at all), the final decision will apply to everyone if the scheme is approved.

To ensure everything checks out, WazirX has also brought in Alvarez & Marsal (A&M) as an independent assessor. A&M will audit the voting results from April 1-8, and the final outcome will be revealed on April 11, this year. This is a crucial step for WazirX users hoping to recover their lost funds.

Also Read: Litecoin Goes Wild! 🚀 Will the SEC Approve an ETF Soon?

USDT Transfers on Ethereum Become Cheaper Than on Tron

USDT transfers are now cheaper on Ethereum ($0.40) than Tron ($3.72), thanks to Ethereum’s low gas fees.

In a surprising twist, USDT transfers are now cheaper on Ethereum than on Tron. Ethereum’s gas fees have dropped to their lowest level in five years, making it a more affordable option than Tron, which was once known for having the lowest transaction fees in the blockchain world.

For example, transferring USDT from Trust Wallet costs just $0.40 on Ethereum, in comparison to $3.72 on Tron. This is a huge shift, considering it was once one of the most expensive blockchains to use due. At one point, users were paying as much as $198 per transaction on Ethereum! But now, the average gas price on Ethereum has dropped to a super-low $0.05 per transaction.

While Tron has been dominant in fee generation recently, Ethereum’s price drop could signal a shift in the DeFi ecosystem. Solana is currently leading the pack in 24-hour fee generation, with Tron and Ethereum following behind.

With gas fees now much cheaper, experts believe that Ethereum’s DeFi ecosystem could see a major recovery in the coming months, gaining back the traction it lost due to high transaction costs.

Also Read: Elon Musk’s ‘Harry Bolz’ Name Change Sparks Over 200 New Memecoins

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