Momentum builds for an XRP-spot ETF as the SEC acknowledges filings. Could this be the catalyst XRP investors have been waiting for?

The crypto market on Saturday again garnered investor attention across the globe, with coins mainly illustrating rising price trajectories. Bitcoin (BTC) price traded near the $98K level on February 15, whereas Ethereum (ETH), Solana (SOL), and XRP prices pumped 1%-10%.

Crypto analyst Dark Defender has predicted that the XRP price could soon rally to a new all-time high (ATH) of $5. The analyst revealed a bullish pattern that had formed for XRP, which showed that the crypto could reach this price target and rally higher.

Ripple CEO Brad Garlinghouse recently endorsed Brian Quintenz for CFTC chair, emphasizing the CFTCs vital role in maintaining strong U.S. markets. Garlinghouse also supported the Financial Innovation and Technology for the 21st Century Act (FIT21), which seeks to make the CFTC the primary crypto industry regulator.

XRP has experienced a strong price rebound over the past 48 hours, resulting in $1.07 million in liquidations, according to CoinGlass data. Of this, $596,580 was from long traders, while short traders accounted for $476,140.

Crypto pundit Andrei Jikh has reignited the $100 XRP price target, sparking a bullish sentiment in the XRP community. The analyst outlined several factors that could contribute to the parabolic rally to the ambitious $100 target.

Solana is currently recovering a sizable portion of its lost value which suggests a possible reversal. On the chart a hidden head and shoulders pattern is developing though and it might be a significant indication of an approaching retracement.

Ripple's (XRP) February stagnation has caused concerns among altcoin investors who are now looking for ways to undo recent losses. RCO Finance has presented itself as a cheap altcoin alternative that uses an AI-based approach to streamlining participation in the finance sector.

XRP has seen a significant price surge today, outperforming top cryptocurrencies like Bitcoin and Ethereum. After several days of sideways movement, XRP's price has surged from $2.42 to an intraday high of $2.76, marking a 14% gain.

Ripple (XRP) price surged 7% on Friday amid bullish sentiment fueled by the SEC's acknowledgment of Grayscale's XRP and Dogecoin ETF filings. With open interest lurking below $4 billion, bull traders are eyeing a potential retest of the $3 territory.

XRP's price action within the past seven days has been limited to a trading range as investors look to recover the losses they incurred at the beginning of February. This range is a consequence of the current indecisiveness on the XRP price.

Crypto markets are experiencing strong momentum on Friday, with key assets posting gains. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,205.44 +2.7% Ethereum (CRYPTO: ETH) $2,744.60 +3.9% Solana (CRYPTO: SOL) $202.28 +5.2% XRP (CRYPTO: XRP) $2.79 +13.5% Dogecoin (CRYPTO: DOGE) $0.2775 +8% Shiba Inu (CRYPTO: SHIB) $0.00001688 +4.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.8% and daily active addresses growing by 5.3%.

XRP has become a major focus in the cryptocurrency market as its price has surged over 70% since the start of the year, reaching a seven-year high. The growing optimism around a potential approval for a spot XRP ETF by the U.S. Securities and Exchange Commission (SEC) has further fueled the bullish sentiment.

Weiss Crypto, a branch of financial rating agency Weiss Crypto, has poured cold water on the surrounding the Ripple-affiliated XRP cryptocurrency.

After dropping below the psychological price of $2.5, XRP is back in full swing since bullish momentum is building up.

Cardano's founder, Charles Hoskinson, is confident that ADA, Ethereum, and XRP will be the best performers in the current cryptocurrency space. In an episode of the Gokhstein Media podcast on February 13, he provided his view on the market's strength, the role of institutions, and the factors driving its growth.

While XRP (CRYPTO: XRP) surged 12% over the past seven days, Bitcoin (CRYPTO: BTC) has been struggling with sideways movement, weighed down by macro uncertainty, according to a prominent trader What Happened: Crypto trader CrediBULL Crypto highlighted in a post on X on Friday that XRP is reaching key resistance levels earlier than expected, while Bitcoin has yet to break above $100,000. Initially, traders expected XRP's move to align with a BTC breakout, but now there's uncertainty about whether this signals XRP's relative strength or Bitcoin's weakness.

XRP price has surged 10% in the last 24 hours, with its trading volume skyrocketing nearly 50% to $8 billion. This strong momentum has pushed XRP's Relative Strength Index (RSI) back into overbought territory for the first time in almost a month.

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged an application for an XRP exchange-traded fund (ETF) filed by 21Shares. This marks another step in the growing interest in XRP-based investment products.

President Donald Trump's Solana meme coin has skyrocketed again, while major coins like Dogecoin and XRP show their own sizable increases.

The SEC's acknowledgment of Grayscale's XRP ETF sparked optimism among traders, with Polymarket odds projecting an 81% possibility of approval in 2025.

The U.S. Securities and Exchange Commission has officially acknowledged the XRP ETF application that was filed by 21Shares

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Grayscale's application to list a spot XRP exchange-traded fund (ETF). The post Is a $10 XRP Possible? SEC Advances Grayscale's ETF Proposal appeared first on Cryptonews.

Bitcoin is trading in a tight range, pointing to a possible breakout in the near future.

Ripple CEO Brad Garlinghouse met with several senators and state representatives to discuss crypto policies, and he left the meeting hopeful.

XRP price jumps after SEC acknowledges Grayscale's XRP ETF filing, marking a shift in the regulator's stance.

The SEC has acknowledged Grayscale's proposals for Dogecoin and XRP spot ETFs and is seeking public input before making a decision on their approval.

XRP and Dogecoin surge after the U.S. SEC acknowledged Graycale's applications for XRP and DOGE spot ETFs. Plus, GameStop considers buying bitcoin and South Korea lifts a ban on crypto trading in a sign of greater global acceptance of digital assets.

As more and more experts are certain that spot ETFs on major altcoins will be approved in the U.S., cryptocurrency educator, investor and speaker Dan Gambardello says we are about to enter a brand-new territory. New developments unlock previously unseen opportunties for large institutional investors.

Ripple CEO Brad Garlinghouse is optimistic about the progress of crypto regulations in the United States after engaging with lawmakers in Washington, D.C. In a Feb. 13 post on X, Garlinghouse shared that he met with several policymakers in Washington, D.C.

US President Donald Trump's administration may be shelving plans for a formal “Crypto Council” in favor of a series of informal summits featuring a rotating cast of industry leaders.

Ripple's native crypto, XRP, decoupled from the heavy selling pressure emerging in the market due to the failure of Bitcoin to regain $100K. XRP turned out to be one of the biggest gainers of the day, while other major cryptos printed red indexes or gained marginally.

XRP rose 6.57% to $2.72. A significant increase in on-chain activity coincides with this price increase as the volume of XRP payments soars to 845 million.

XRP continues to hold firm above the $2 support level, maintaining investor interest despite broader market uncertainty.

Currently valued at $0.20, Rexas Finance (RXS) is a new cryptocurrency causing much discussion in the crypto world because of its similarities with Ripple (XRP). Over the years, XRP's price has surged dramatically, particularly in 2017, when it shot from undervaluation to an ATH.

XRP has been bullish on many fronts within the last 48 hours. The token's price has experienced a massive rebound, resulting in mild liquidations for traders holding long and short positions in the last hour.

The Securities and Exchanges Commission acknowledged a filing by the New York Stock Exchange and Grayscale for an XRP ETF on Thursday.

Stellar (XLM) has risen over 10% in the last 24 hours, closely mirroring the upward movement of XRP. This rise comes amid optimism that more cryptocurrencies will soon join Bitcoin (BTC) and Ethereum (ETH) in acquiring their spot exchange-traded funds (ETFs), as the SEC reveals new updates on crypto ETF filings.

Stellar (XLM) was also a top performer, gaining 6.1% from Thursday.

The Securities and Exchange Commission has acknowledged Grayscale's applications for spot Dogecoin (CRYPTO: DOGE) and XRP (CRYPTO: XRP) ETFs. This step signals that the agency is willing to consider the proposals, a shift from its previous tendency to dismiss similar applications for alternative cryptocurrencies.

The XRP price turned green for four consecutive days as Ripple ETF odds surged on Polymarket and as most XRP Ledger tokens rallied. Ripple (XRP) rose to $2.

"Remember, anything below $3.40 is merely noise in the market," one popular analyst stated.

After breaking out of a prolonged consolidation, XRP, the native token of Ripple Labs, appears to be struggling as whales and long-term holders have been dumping XRP tokens onto exchanges.

Over the last 60 minutes, XRP currently fluctuates between $2.69 and $2.75, marking a 12.5% daily gain, with its valuation reaching $158 billion. Trading activity over 24 hours totals $6.58 billion, while intraday price swings span $2.42 to $2.77. The digital asset on Friday lingers 18.7% beneath its historic peak.

TL;DR Grayscale files for XRP and DOGE ETFs, and the SEC begins a 240-day review process. XRP's improved legal standing post-2023 court ruling may strengthen its ETF case, while DOGE faces regulatory scrutiny. Market reactions are positive, but experts caution that SEC acknowledgment does not guarantee approval.

XRP traded relatively strongly for most of the week, with bulls taking control following a lackluster performance last week.

Stellar (XLM) has recorded a significant 9% leap in price to climb past two key resistance levels. According to CoinMarketCap data, this took the price of XLM to a high of $0.3539 within the last 24 hours.