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XRP is eyeing the $7 mark as the Ripple vs. SEC battle ends, fueling a wave of bullish momentum and sending the XRP Army over the moon.

Get the latest news and updates on Ripple (XRP), including in-depth analysis, price predictions, and market trends. Stay informed about major developments in the Ripple ecosystem, partnerships, regulatory changes, and technological advancements that impact XRP. Our comprehensive coverage helps you stay ahead of the market, understand the factors affecting XRP’s value, and make informed decisions. 

Ripple

XRP Gears up for $7 Take Off as Ripple and SEC Call It Quits – XRP Army Over the Moon. Source: Shutterstock

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XRP Gears up for $7 Take Off as Ripple and SEC Call It Quits – XRP Army Over the Moon

XRP is holding strong near the key $3 level, with a breakout above $3.05 in sight. A leading crypto expert now predicts it could become the top choice for employee income distributions in the U.S.

XRP Steadies at $3, Gears Up for $3.50 Breakout Amid Bold U.S. Payroll Power Play. Source: Shutterstock

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XRP Steadies at $3, Gears Up for $3.50 Breakout Amid Bold U.S. Payroll Power Play

A whale moved 30M XRP worth a whopping $99.8 million just moments after the Ripple vs SEC case was officially settled amid XRP being declared a commodity. 

Whale Splashes 30M XRP After Ripple Scores Legal Win – XRP Crowned a Commodity. Source: Shutterstock

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Whale Splashes 30M XRP After Ripple Scores Legal Win – XRP Crowned a Commodity

Despite a short-term pullback, XRP has surged out of its falling wedge and is now shaping a potential bull flag above $3.10 as whale activity on South Korea’s Upbit skyrockets.

Bull Flag Brewing: XRP Holds $3.10 as South Korea’s Deep Pockets Fan the Flames. Source: Shutterstock

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Bull Flag Brewing: XRP Holds $3.10 as South Korea’s Deep Pockets Fan the Flames

Justin Sun sues Bloomberg over promised confidentiality breach, citing risks of kidnapping, hacking, and wrench attacks from publishing crypto holdings.

Stay up-to-date with the latest legal developments in the world of cryptocurrency. Find out how regulations impact the industry on Coinpaper.com.

Legal

Justin Sun Sues Bloomberg Over Confidential Crypto Data Leak Threat. Source: Shutterstock

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Justin Sun Sues Bloomberg Over Confidential Crypto Data Leak Threat

Google bans unlicensed custodial wallets and crypto exchanges on Play Store; mandates official licenses in major jurisdictions to ensure legal compliance.

Google Bans Unlicensed Crypto Apps From Play Store. Source: Shutterstock

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Google Tightens Play Store Rules for Custodial Crypto Wallets and Exchanges

Stay up-to-date with the latest news and developments in the world of crypto business. From startups to established companies, Coinpaper.com has you covered.

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Explore articles addressing decentralized finance issues.

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Find out the latest news about Non fungible tokens. Learn about their usability and the most interesting NFT projects.

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Bitcoin

Ethereum is a decentralized, open-source blockchain with smart contract functionality. Learn about it, and its native token Ether.

Ethereum

Discover the latest news from the Optimism ecosystem. Optimism is a Layer 2 Ethereum scaling solution that can support all Ethereum dapps. Optimism delivers all transaction data on-chain and executes computations off-chain rather than conducting all calculations and data on the Ethereum network. This increases his transactions per second on Ethereum and lowers transaction costs.

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Get relevant information about less popular cryptocurrency projects.

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Discover the latest news and insights on the world of cryptocurrency with Coinpaper.com. Stay up-to-date on the latest trends and developments in the crypto space.

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Explore the latest news on Shiba Inu (SHIB), the meme-inspired cryptocurrency making waves in the crypto world. Learn about its price history, factors influencing its value, adoption trends, and utility. Stay updated with expert predictions, recent market trends, and insights from investors. Discover how SHIB is gaining traction among retailers and its impact on the broader cryptocurrency landscape.

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Confidently enter the world of cryptocurrency trading with Coinpaper. Our comprehensive resources equip you with the knowledge and skills you need to make informed decisions.

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Get the inside scoop on the latest crypto projects, games, and services with Coinpaper's in-depth reviews. Our expert writers provide unbiased analysis and real user insights to help you make informed decisions.

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XRP Eyes Bullish Continuation After Falling Wedge Breakout

XRP is turning heads after breaking out of its long-standing falling wedge, signaling a potential bullish shift. 

According to Lingrid, it’s now forming a prospective bull flag above $3.10, suggesting buyers are accumulating and priming for another upward leg.

, “The structure suggests buyers are building momentum for another leg higher toward the $3.70–$3.80 target zone. Price consolidation within this range keeps the bullish setup intact. A clean breakout above the flag resistance could trigger a sharp upside continuation.”

XRP’s price action highlights a period of consolidation between $3.10 and $3.30 after the altcoin’s recent 

Traders are eyeing the bull flag closely, with a clean breakout above resistance likely to trigger a sharp surge toward $3.70–$3.80, marking a notable gain and cementing XRP as one of the market’s most watched altcoins.

Technical patterns like falling wedges followed by bull flags often signal sustained buying. XRP’s wedge breakout shows a shift from caution to bullish sentiment, while the ensuing bull flag offers traders a strategic entry ahead of a potential breakout.

At the time of this writing, XRP was down by 5.2% in the past 24 hours to trade at $3.11, according to 

$61M XRP Whale Move from Upbit Sparks South Korea Crypto Frenzy

A $61M XRP transfer from South Korea’s Upbit on August 13, 2025, stirred the crypto community. 

The 19M XRP move sparked speculation, but it was later confirmed as an internal shuffle between Upbit’s subwallets, likely for liquidity management rather than external transfer.

Despite the internal nature of the transfer, the sheer size of the transaction has drawn attention. 

X Finance Bull, a prominent crypto market watcher, 

, "I told you South Korea would flip the switch on $XRP. A single whale just dropped $61M in one transaction — 19 MILLION XRP from Upbit. This isn’t retail… this is deep-pocket conviction"

, particularly in South Korea, which has become a significant hub for XRP trading. Upbit, the country's largest cryptocurrency exchange, has been leading global XRP trading volumes, surpassing even Binance in recent sessions.

While the internal nature of the transfer may have alleviated concerns about market disruption, the scale of the transaction highlights the strategic positioning of large holders in anticipation of potential market developments. 

As XRP continues to gain traction, especially following the resolution of the long-standing SEC case, such movements are indicative of the increasing confidence and involvement of institutional players in the cryptocurrency space.

While the $61 million XRP transfer from Upbit was an internal liquidity management move, its size and timing reflect a broader trend of institutional accumulation and strategic positioning in the XRP market. 

This development signals a maturing market where large-scale participants are actively shaping the landscape of cryptocurrency trading.

Meanwhile, with key support at $3.10 a breakout target of $3.70–$3.80 might see the light of day if a bull flag formation materializes. 

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Justin Sun claims Bloomberg breached confidentiality on crypto holdings. 

Sun warns publication risks kidnapping, hacking, and physical coercion. 

Lawsuit seeks injunction; highlights 51 wrench attacks reported globally.

Justin Sun’s Lawsuit Over Alleged Data Breach by Bloomberg

, the founder of the TRON blockchain, has filed a federal lawsuit against Bloomberg, accusing the media company of violating its promise to keep his cryptocurrency financial data confidential. The suit, filed on August 11 in Delaware, requests a temporary and permanent injunction to prevent Bloomberg from publishing precise amounts Sun provided solely for wealth verification on Bloomberg’s Billionaires Index.

Sun emphasized that publishing his crypto holdings would expose him to immediate and significant risks, including kidnapping, hacking, blackmail, and physical violence. The court documents also underscore the irreversible nature of crypto transactions, meaning stolen funds are almost impossible to recover.

According to Sun, Bloomberg journalists offered assurances of confidentiality when proposing his inclusion in the billionaire ranking earlier this year. Bloomberg journalist Tom Sloan had privately stated that sensitive wallet address files “would not leave our office” and access would be strictly limited.

Publishing the detailed breakdown of Sun’s crypto assets deviates from Bloomberg’s standard practice of presenting other billionaires’ wealth as totals or via public disclosures. Sun’s legal team argues that revealing exact wallet amounts enables attackers to use address clustering techniques to identify his wallets, significantly raising the danger of wrench attacks—physical coercion incidents aimed at forcing cryptocurrency transfers.

The lawsuit cites Bloomberg’s own reporting on 51 such wrench attacks worldwide this year, including the gruesome kidnapping and mutilation of French Ledger co-founder David Balland and an armed extortion involving $500,000 in Uganda.

Sun alleges Bloomberg plans to publish this sensitive data imminently and demands a jury trial alongside compensation for legal fees and court costs.

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A line of text in a paragraph.Google requires licenses for custodial wallets and exchanges in key regions. 

Non-custodial wallets remain exempt from new Play Store restrictions. 

Developers must prove compliance with local crypto laws upon Google’s request.

Google has updated its policies for cryptocurrency apps hosted on the Play Store, banning the publication of custodial wallets and crypto exchanges that lack official licenses in major jurisdictions. These requirements are detailed in Google Play’s official developer documentation.

Developers targeting the US must be registered with the Financial Crimes Enforcement Network (FinCEN) and hold appropriate state licenses or be recognized banking institutions. In the European Union, authorization as a crypto-asset service provider (CASP) under the MiCA regulation is mandatory.

Regional Licensing Requirements and Transition Periods

Apps aimed at countries on Google’s special list must comply with local licensing regimes, including:

Certain countries, like France and Germany, have been granted transition periods—until June 30, 2026, and December 30, 2025, respectively—after which only MiCA-compliant licenses will be accepted.

Developers targeting other regions may continue publishing apps but must comply with local laws and provide evidence of compliance if requested by Google.

Importantly, these new rules apply solely to custodial wallets and crypto exchanges. Non-custodial wallets are exempt from these restrictions.

Google also pledged to update its help center documentation to clarify these new requirements and reduce confusion among developers.

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XRP’s Familiar Pattern: Could a 156% Rally Be Brewing?

According to crypto market analyst Degen Profit, 

 that’s eerily reminiscent of its 2024 trajectory, which is initial weakness followed by a sharp breakout in July. 

This mirrored movement has sparked speculative excitement, with Degen Profit eyeing a dramatic 156% rally, potentially targeting a price as high as $7, provided XRP can firmly hold above the $2.95 support level.

 in the past 24 hours, having broken key resistance at $2.97–$3.10. A bullish flag pattern now points to potential upside targets between $8 and $15.

Technical indicators reinforce this optimism. Price action is contained within a symmetrical triangle, testing the upper trendline, while XRP has crossed back above its 20- and 50‑period exponential moving averages (EMAs). Coupled with expanding Bollinger Bands and bullish momentum readings, a breakout looks increasingly plausible.

In this context, Degen Profit’s 156% rally scenario to $7 is bold yet not completely out of sight, provided XRP maintains strong support above $2.95, holds its breakout structure, and overall market sentiment stays bullish.

SEC and Ripple Officially Wrap Up Legal Saga

After nearly five years of courtroom drama, the XRP Army is celebrating in full force. 

Yesterday, the U.S. Securities and Exchange Commission (SEC) and Ripple Labs 

 a Stipulation of Dismissal with the Second Circuit Court of Appeals, formally ending their appeals and bringing one of crypto’s longest-running battles to a close.

This dismissal cements the 2023 district court ruling by Judge Analisa Torres, which held that XRP sales on public exchanges do not constitute securities, while those to institutional investors did, resulting in a $125 million penalty and an injunction

With both sides withdrawing, the penalty stands and the litigation is finally over.

XRP holders were quick to react. Within hours, the token surged across markets, posting gains from 5% to over 13%, reaching highs of $3.36 as excitement rippled through the community. 

The XRP Army likened the moment to a space launch, “to the moon” with this phrase reverberating across social platforms and forums. 

Other declarations like “the end…and now back to business” and “the case is over” captured the sentiment that the long-overdue closure brings much-welcomed clarity on the 

, “I sold everything… the house, the kids, the PlayStation… we’re going to the moon, boys!”

Crypto media and analysts see this moment as more than market euphoria. The finality of the case provides regulatory clarity, potentially clearing the path for XRP-based financial products, including spot ETFs, and solidifying the 2023 ruling as legal precedent.

Ripple’s C‑suite was equally upbeat—Chief Legal Officer Stuart Alderoty

 on X, formerly Twitter, “The end … and now back to business.”

 the Ripple vs. SEC case would be dismissed before August 15, and it’s now official.

For the XRP Army, the dismissal feels like vindication and validation. This legal closure not only removes a major cloud hanging over Ripple and XRP but also reignites dreams of widespread adoption and institutional embrace. 

As the community chants “onward and upward,” the skies and crypto charts may just be the limit with the path to $7 being seemingly likely. 

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Market analyst Lingrid offers a compelling take on XRP’s technical positioning. She observes that, “XRP is stabilizing after a pullback from the recent surge, with consolidation forming near the psychological 3.00 level. Price is respecting diagonal support and forming a bullish falling wedge just below the previous breakout zone. A breakout above 3.05 could initiate the next rally toward the 3.40 target zone.”

 that the structure signals a classic continuation pattern, primed for a bullish breakout.

According to Lingrid’s view, XRP is currently nestled in a bullish falling wedge pattern, a well-known reversal structure signaling weakening selling pressure and increasing buyer interest. 

The price action shows repeated tests of diagonal support, forming tighter compression just under the previous breakout band, hinting at an impending shift in momentum.

Lingrid emphasizes the significance of the 

, which has held firm despite recent pullbacks. This stable zone is critical for maintaining the integrity of the wedge formation. Traders are positioning watchfully, with the $3.05 breakout level as a key trigger for likely upside continuation.

Lingrid projects that a successful breakout above $3.05 particularly with volume support could launch XRP into a rally targeting $3.40. That would represent roughly a 13% move from $3.00, aligning with technical projections and recent trend strength. 

 has previously acted as resistance, which if cleared, could pave the way for higher price discovery.

Such a scenario becomes even more plausible when considering broader momentum. Upcoming catalysts, including ETF approval chatter, 

, and macroeconomic easing could provide the fuel to lift XRP beyond this resistance band.

The Case for XRP as Payroll Leader on American Soil

Prominent crypto expert and analyst Luis Delgado, aka Del Crxpto, 

 XRP will soon become the leading crypto for employee income distribution in the U.S. 

Citing rising adoption, favorable regulatory shifts, and evolving payroll infrastructure, he sees XRP at the forefront of on-chain compensation.

Del Crxpto highlights XRP’s technical strengths, such as its high transaction throughput, minimal fees, and lightning-fast settlement times, as core enablers for payroll functionality. 

These characteristics make XRP well suited for real‑time wage disbursements, especially compared to slower or more expensive chains.

Importantly, his projection aligns with the recent surge in institutional and governmental interest in crypto infrastructure. Notably, the U.S. Securities and Exchange Commission (SEC) launched 

, aimed at shifting U.S. financial markets onto on-chain architectures and this initiative includes frameworks for tokenized payroll and crypto custody. 

The White House also issued a comprehensive crypto policy report, and Congress recently enacted landmark stablecoin legislation, all signaling growing openness to digital assets like XRP.

Where XRP Payroll is Already Gaining Traction

While still nascent at scale, XRP-based payroll is gaining real-world footholds. Platforms such as Coinbase enable employees to convert their salaries into XRP instantly. Payroll services like Deel and Bitwage already support crypto payouts domestically and globally with XRP included.

Del Crxpto argues that these early use cases, especially among freelancers, remote workers, and tech companies, set the stage for broader corporate adoption.

Del Crxpto’s prediction rests on tangible momentum in payroll services, infrastructure, and regulatory reforms. XRP’s unique blend of speed, low cost, U.S.-based development, and growing compatibility with employee paycheck platforms positions it at the forefront of a potential shift toward crypto salaries.

On the other hand, Lingrid’s technical thesis that XRP is stabilizing after a retracement, forming a bullish falling wedge just below its breakout zone is being reinforced by current price action and accumulation behavior. 

With consolidation taking place near the $3.00 psychological level and a potential breakout above $3.05, XRP looks primed to challenge $3.40, possibly higher if broader sentiment and legal clarity align.

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