The XRP Price is holding steady in a tight range, but the crypto community senses a storm is brewing. As the SEC’s stance softens and Ripple’s $50M settlement clears a major hurdle, eyes are on whether XRP can finally shed its “security” label and surge again.
Meanwhile, the Solana ETF story is heating up, with SOL ready to attract institutional money. Yet, while the market is fixated on these headlines, smart investors are turning to Unilabs Finance, an AI-powered disruptor already in its $12M presale phase. Continue reading this article to find out more about this new viral player in the market.
SEC Appeal Withdrawal Rumors Spark Investor Hopes for XRP Price
The XRP price has been consolidating between $2.9 and $3.3, with bulls holding key levels as anticipation builds. According to some crypto analysts, the primary cause is the SEC likely abandoning its appeal following Ripple’s recent $50 million settlement.
If this happens, it might give the green light for XRP to be reclassified as non-security, an event for which the market has been waiting since 2020.
Ripple’s larger push into stablecoins adds to the bullish narrative for the XRP price, with the market capitalization of RLUSD topping $577 million. This demonstrates growing institutional interest and hints at future product launches.
Meanwhile, on-chain data reveals that more than $1.35 billion worth of XRP was transferred on August 2 alone, the most volume day since July’s rise. That type of network activity is observed before large breakouts for the XRP price.
Solana ETF Buzz Sends SOL Into the Spotlight
Solana is currently trading at roughly $179, up almost 9.9% over the last day, with a market capitalization of nearly $96.8 billion. However, its trading volume today fell by 5.3% to about $5.88 billion, indicating a decline in recent trading activity.
On August 1st, at least seven large financial firms modified their Solana ETF applications. These new Solana ETF filings were not minor adjustments but contained specific provisions like staking incentive systems, dual custodianship procedures, and structured fee disclosures.
Some market observers expect the SEC to respond to these new Solana ETF filings by late August or September, which is a rather short turnaround in regulatory terms. If authorized, these Solana ETFs would provide regular investors easy access to Solana without the need to handle cryptocurrency wallets or explore on-chain platforms.
Analysts believe that the next significant catalyst for Solana will be institutional inflows through Solana ETF approvals.
Unilabs Finance Shakes Up Crypto Investment Models with AI: Here’s Why!
While the XRP price is awaiting a green signal from the US SEC for a breakout, SOL is making quite progress towards its Solana ETF. In the middle of this, Unilabs Finance has emerged as a leading project, winning investors for its unique AI-backed investment approach.
Unilabs Finance is the world’s first completely AI-powered asset manager that gives retail investors access to institutional-grade investment tools and strategies backed by AI.
As opposed to other platforms, it stands out by evaluating over a thousand blockchain projects in real-time. The platform uses its proprietary Early Access Scoring System (EASS) to identify leading projects based on the scoring of the project’s real-life utility and team credibility. This streamlines the investment process, giving investors a chance to sit, relax, and let AI do its job.
Their algorithm also moves into the meme coins zone, where liquidity is the main factor. They have a meme coin identification system that considers liquidity and potential virality parameters to determine a meme coin’s profit potential before it surges parabolically.
The UNIL token is currently in its presale phase, selling each token for $0.0097 only. This is being hailed as a highly discounted entry point for this high-potential project. The presale has already sold millions of UNIL tokens, raising funds that have now crossed the $12M mark.
The next presale round is all set to raise the price of each UNIL token to $0.01, giving all of its early investors a decent ROI before its official listing on major CEXs and DEXs..
Discover More About Unilabs Finance:
Presale: https://www.unilabs.finance/
Buy Presale: https://buy.unilabs.finance/
Telegram: https://t.me/s/unilabsofficial
Twitter: https://twitter.com/unilabsofficial
This article is not intended as financial advice. Educational purposes only.
