Ethereum and XRP Prices Explode, Remittix Experiences Heavy Whale Accumulation
The post Ethereum and XRP Prices Explode, Remittix Experiences Heavy Whale Accumulation appeared on BitcoinEthereumNews.com. A sharp rebound in major tokens has reignited bullish sentiment across crypto markets. Ether leapt toward key resistance on ETF inflows and a record on-chain throughput, while XRP Price jumped double digits after a landmark legal victory. Amid that momentum, Remittix (RTX) has drawn whale interest and surged in step. That impressive RTX surge has underscored its rising role in pay-fi rails. Does RTX have what it takes to be one of the top-performing cryptocurrencies? Keep on reading to find the answer. Ethereum Price Explodes on ETF Inflows and Network Throughput Ethereum’s price precisely hit $3,941 on July 28 before pulling back to $3,638, signaling profit-taking after a multi-week rally. On August 1, ten spot Ethereum ETFs bought in a total of 8,183 ETH—about $29.8 million—highlighting strong institutional demand. Daily transactions (7-day DMA) climbed to an all-time high of 1.74 million on August 5, surpassing even peak levels from the 2021 cycle. Developer activity also ticked up, with GitHub commits rising 11% since late July. These factors feed into a bullish Ethereum price forecast, as the network’s Dencun upgrades and Layer 2 solutions gain traction. XRP Price Soars After Legal Clarity and Whale Moves XRP Price surged 12% over the past 24 hours, jumping to $3.32—its highest since July 28—after the SEC formally ended its lawsuit against Ripple Labs. The court’s closure of a five-year legal battle, accompanied by a $125 million fine, removed a key overhang for XRP and boosted market confidence. Meanwhile, daily volume jumped to $4.2 billion, indicating broad trading interest. Analysts now eye $3.75 as the next test, with potential to challenge the July 2025 peak of $3.66 if retail flows follow suit. Remittix Continues Charging Ahead with Whale Accumulation While Ethereum and XRP Price grab headlines, Remittix has quietly logged a strong run, trading at…
The post Ethereum and XRP Prices Explode, Remittix Experiences Heavy Whale Accumulation appeared on BitcoinEthereumNews.com.
A sharp rebound in major tokens has reignited bullish sentiment across crypto markets. Ether leapt toward key resistance on ETF inflows and a record on-chain throughput, while XRP Price jumped double digits after a landmark legal victory. Amid that momentum, Remittix (RTX) has drawn whale interest and surged in step. That impressive RTX surge has underscored its rising role in pay-fi rails. Does RTX have what it takes to be one of the top-performing cryptocurrencies? Keep on reading to find the answer. Ethereum Price Explodes on ETF Inflows and Network Throughput Ethereum’s price precisely hit $3,941 on July 28 before pulling back to $3,638, signaling profit-taking after a multi-week rally. On August 1, ten spot Ethereum ETFs bought in a total of 8,183 ETH—about $29.8 million—highlighting strong institutional demand. Daily transactions (7-day DMA) climbed to an all-time high of 1.74 million on August 5, surpassing even peak levels from the 2021 cycle. Developer activity also ticked up, with GitHub commits rising 11% since late July. These factors feed into a bullish Ethereum price forecast, as the network’s Dencun upgrades and Layer 2 solutions gain traction. XRP Price Soars After Legal Clarity and Whale Moves XRP Price surged 12% over the past 24 hours, jumping to $3.32—its highest since July 28—after the SEC formally ended its lawsuit against Ripple Labs. The court’s closure of a five-year legal battle, accompanied by a $125 million fine, removed a key overhang for XRP and boosted market confidence. Meanwhile, daily volume jumped to $4.2 billion, indicating broad trading interest. Analysts now eye $3.75 as the next test, with potential to challenge the July 2025 peak of $3.66 if retail flows follow suit. Remittix Continues Charging Ahead with Whale Accumulation While Ethereum and XRP Price grab headlines, Remittix has quietly logged a strong run, trading at…
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