XRP to turn eth? ETF News Sparks 2017 Flashbacks

Tl; Dr.

• XRP/BTC breaks 7-year reach, signaling potential shift to historic runs that are last observed in 2017.
• Ripple is close to the regulation with the SEC; ETF interviews intensify as the market closely monitors the developments of Augustus.
• Whale portfolios buy 60m XRP in 24 hours and adds $ 180 million to purchasing pressure over fairs.
• XRP acts at $ 3.10, which is close to his recent ATH; An analyst suggests a real outbreak above $ 26.

XRP/BTC Breakout ends 7 years of consolidation

XRP is broken from a price range that held it against Bitcoin for almost seven years. According to Crypto analyst Cas Abbé, XRP/BTC had been consolidated since 2018, with price movement largely sideways in that period. The couple has now moved around 0.000035 BTC over a long -term resistance level, a level that had the majority of the consolidation phase.

XRP/BTC has been consolidating for almost 7 years.

The SEC shop is over and XRP spot ETFs are coming.

This can be the catalyst that can lead to an outbreak.

And as soon as that happens, $ XRP Will gather like Q4 2024.

And maybe it can go from top 3 to top 2 coin … pic.twitter.com/rknjivll3i

– Cas Abbé (@cas_abbe) July 30, 2025

Interestingly, this breakout makes comparisons with the performance of XRP 2017, when the token came to the number two on the market. XRP/BTC is currently testing a zone that is last visited during that cycle, between 0.00019 and 0.00023 BTC.

The analyst even hinted that the potential rise of XRP could bring it to the number 2 spot in terms of market capitalization, which means that the ETH could turn around.

Legal developments and ETF speculation of Fuel momentum

Ripple’s legal case with the US SEC has reached a new phase. The two parties agreed to reduce the originally proposed fine of $ 125 million to $ 50 million.

Moreover, the order that blocks Ripple is removed from institutional XRP sales. A previous negotiating window of 60 days ended in June, and a final extension is expected To close in August.

While some in the community expect an important update by August 15, clarified legal analyst Bill Morgan that the SEC does not have a formal deadline to drop his appeal on that date. Nevertheless, market participants continue to follow legal progress closely, especially because talking about a place ETF gets attention.

The SEC has not yet withdrawn the profession in the Ripple issue. There is no deadline on the SEC to withdraw the appeal, but the SEC must report to the professional court before 15 August 2025, which acts as a deadline for the SEC to do something, although it might just be just more …

– Bill Morgan (@Belisarius2020) July 29, 2025

An approved ETF could expand Access to XRP and possibly activation of further capital inflow, comparable to what was seen earlier in the year with Bitcoin and Ethereum ETFs.

Market activity, whale purchase and network signals

XRP traded at $ 3.10 at the time of the press, with a 24-hour trade volume of $ 5.6 billion. Token has seen a small decrease in the last 24 hours and a decrease of 11% in the past week. Market capitalization is currently $ 183.5 billion and ranks as the third largest crypto assets.

Analyst of the Ali Martinez chain reported Those big holders bought 60 million XRP in the last 24 hours, a total worth more than $ 180 million. This follows a steady increase in whale recording, with large investors increasing exposure last month.

In addition to price action and volume, indicators in chains indicate a possible continuation. Analyst Captain Redbeard reported The NVT ratio of XRP, used to measure the network value versus transaction volume, has fallen to several months lows while the price has continued to rise. This pattern last appeared before a strong XRP rally, which suggests a potential outbreak setup.

Price Hiats and a criminal case

Analyst Amonyx noted That the previous time of XRP against Bitcoin would place its current USD value near $ 26.6. With XRP still priced at $ 3.10, the difference between current levels and historical peaks remains wide.

A criminal report with XRP has emerged separately. Nancy Jones, the widow of Country music artist George Jones, submitted a report that claimed that $ 17 million was stolen to XRP. Her ex-boyfriend, Kirk West, was arrested on Nashville International Airport on July 24 due to the case.