The memecoin hype is dying. Trading on pump dot fun is down by 94%.

Today I start with Ripple and its $XRP token as the first in my list of altcoins. Brad Garlinghouse, Ripple's CEO, was recently at the White House Crypto Summit.

Despite the memecoin hype cooling down, it’s time to shift our attention back to altcoins with good fundamentals.

With that said, let’s get started on today’s altcoins.

Ripple ($XRP)

Today, I start with Ripple and its $XRP token as the first in my list of altcoins.

Now, Brad Garlinghouse, CEO of Ripple, was present at the White House Crypto Summit. It was the first time that the White House organized such an event. So, in other words, that was a big deal.

However, some weeks feel like months in crypto. From the @WhiteHouse Crypto Summit to the @CFTC CEO Roundtable and the sheer amount of news announced (hooray for @NatCryptoAssoc!), it’s been quite a few days.

There’s been a lot of talk about what this White House administration will bring to the table for the crypto industry. I’m grateful for the opportunity to share our perspective at the first-ever White House Crypto Summit last week. Thanks to President Biden and members of his administration for engaging in open dialogue about critical issues related to digital assets.

We discussed the importance of clear, consistent regulation that balances innovation and investor protection. I also highlighted how critical it is to have an administration-level focus on financial technology. In the U.S., we’re used to thinking about this at the agency level, but in other parts of the world, it’s approached at the prime minister or president level. It’s no coincidence that countries like Japan, Singapore and the UAE have risen to become global fintech leaders. They’ve had government leadership focused on the sector and on enabling the technologies of the future.

I’m optimistic that we can continue to build on the progress made at the summit to ensure the U.S. remains a leader in the digital asset industry.

— Brad Garlinghouse (@bgarlinghouse) March 7, 2025

But Ripple is not only having success in the US. It also just received good news from the UAE. $XRP got the green light for crypto payments and services in the UAE.

Another big item is a new SEC proposal. It talks about XRP being a Strategic Financial Asset for the US. On page 4, there’s also a mention that XRP-based liquidity could replace Swift. That would involve $1.5 trillion. Global payments would shift to Ripple. If this materialized, this would be massive news.

This would give the $XRP price a massive push forward. But hold your horses, for the time being, it’s only a proposal. However, who would have thought that, coming from the SEC?

On this note, the long-lasting SEC lawsuit against Ripple is also coming to an end.

Quant Network ($QNT)

Quant Network ($QNT) is a blockchain whose goal is to support interoperability. For this, it uses the Overledger operating system. It does this for both public and private chains. Overledger can connect all the various chains.

Source: Quant whitepaper

For example, Quant offers mDapps. These allow Dapps to operate on various chains at the same time. So, these mDapps accommodate interoperability. So, Quant offers the infrastructure and tech to devs, so they can build these mDapps.

Upgrade your Ethereum DApps to interoperable mDapps with Overledger.

Overledger 2.0 developers can get the best out of all DLT ecosystems by allowing single-DLT DApps to be universally interoperable in 2 simple steps.

More: https://t.co/Af30fWZHAR #Interoperability pic.twitter.com/JTU2UoDIdr

— Quant (@quant_network) July 2, 2021

Quant also offers various layers. For example, layers for transactions, messaging, or filtering and ordering. The application layer controls all other layers.

So, Quant caters to institutions, like banks or investment firms. But also, to enterprises. From multinationals to small companies. Quant offers a gateway to digital markets for them.

It should come as no surprise that Quant also jumped into the hot RWA sector. Quant has no intention of missing out on this. In case you missed it, from its current market cap of $31 billion, the projected market for RWA in 2030 is up to $30 trillion. That’s a 1000x.

Cardano ($ADA)

Cardano ($ADA) is another legacy coin that should be on today’s list. However, Charles Hoskinson didn’t receive an invitation to the White House Crypto Summit. That came as a surprise to everyone, not at least to himself.

Nonetheless, Hoskinson is not the