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Cryptocurrency News Articles

Ripple XRP News: Is Drop of SEC Lawsuit Imminent Triggering a Rally to 20$? While StratoVM Surges 6240% in 14 Days

Mar 05, 2025 at 02:11 pm

Ripple's long-running battle with the SEC might finally be nearing its end. Rumors of an imminent dismissal or settlement have sparked a buying frenzy

Ripple XRP News: Is Drop of SEC Lawsuit Imminent Triggering a Rally to 20$? While StratoVM Surges 6240% in 14 Days

The crypto market has seen some interesting shifts recently, with several developments impacting the narrative. Among the most-watched stories is Ripple’s battle with the SEC, which some analysts believe could soon reach its end.

This has sparked a buying frenzy on Ripple’s XRP, pushing it over 23% in the past 24 hours.

But while XRP is heating up, another token is quietly making its mark in the BTC Fi sector.

StratoVM (SVM) – a Layer 2 solution for smart contracts on Bitcoin– has seen an impressive 6240% price surge in just 14 days, defying the recent red trend.

Let’s check out the details!

Could Drop of SEC Lawsuit Triggering a XRP Rally to $20?

Traders are becoming bullish as the SEC acknowledges more spot XRP ETF filings, signaling potential progress in the regulatory sphere.

XRP price surged over 15% to reach $2.32 by 07:04 ET on Tuesday, continuing its rally from $2.02 at the previous close. This marks a 23% gain in 24 hours and a 120% rise since January 1.

The rally follows reports that CoinShares filed an application for an XRP ETF via Nasdaq, which is being reviewed by the SEC. This is the fourth spot XRP ETF to get an initial nod, coming after filings from Grayscale, 21Shares, and Bitwise.

Earlier this month, Brazil’s securities commission also approved the country’s first spot XRP ETF from Hashdex, although it’s not yet available for trading.

However, despite the rally, traders on futures markets seem less enthusiastic. The total open interest on XRP futures dropped more than 78% last week after XRP price fell 26% in early February.

Even after a 20% price rebound, on Thursday, February 13, the OI only recovered by $600 million from a low of $3.9 billion to $4.5 billion, suggesting that lower trading volume is fueling the rally, which could make it more sensitive to shifts in market mood.

Analyst Amonyx predicts the SEC-Ripple lawsuit will be settled soon, triggering a “god candle” that could send XRP to $20 within 10 days.

If we factor in the new ETF filing and the prospect of Bitwise’s pending Bitcoin ETF application also being accepted, it’s clear that we could be on the verge of a significant breakout for XRP price.

StratoVM (SVM) Could Capture a Large Share of the BTCFi Market

StratoVM (SVM) is developing a Layer 2 blockchain on Bitcoin that might enable smart contracts, meme coins, AI, and DeFi apps to run natively on the Bitcoin network.

CoinGecko shows StratoVM (CRYPTO: SVM) trading at around $0.173, which marks a 6240% increase in just two weeks. This surge highlights StratoVM’s strength during market ups and downs.

It’s also noteworthy that StratoVM could help solve Bitcoin’s scaling issues, becoming a crucial factor in its wide adoption.

The team plans to launch their mainnet soon, which will be a significant step forward for the project. In terms of valuation, CoreDAO, another project in the Bitcoin Layer 2 space, is currently valued at $990M, while StratoVM sits at $2 million, suggesting potential for future growth.

Data from DefiLlama reports that BTC Fi protocols have experienced substantial growth, increasing from approximately $307 million in January 2024 to roughly $6.6 billion in February 2025.

StratoVM aims to capitalize on this trend with its innovative approach to Bitcoin scaling and its focus on expanding the BTC ecosystem.

The project is also listed on UniSwap, adding to its credibility and making it an interesting addition for those interested in Layer 2 solutions within the crypto market.

So far, StratoVM has forged a network of over 50 strategic partners, which will be instrumental in driving future growth and technological advancements. Some reports suggest a possible listing on a centralized exchange (CEX) soon, which could be great news for the project.

For those interested in joining the community, StratoVM has a presence on X (formerly Twitter), Telegram, and Discord, where members can stay informed and engage in discussion.

The testnet has already shown promising early results, supporting over 113,000 registered wallets and processing over 56,000 daily transactions.

As Bitcoin (BTC) continues to evolve beyond its role as “digital gold,” StratoVM’s scalability and security features could help it capture a substantial share of the expanding BTC Fi market.

With the mainnet launch on the horizon and these advantages in place, it

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