XRP Price Prediction: Can It Hit $5 This August as SEC Case Finally Ends?

Ripple’s long-running battle with the US Securities and Exchange Commission (SEC) is officially over. Both sides filed to dismiss their remaining appeals this week, effectively finalizing last year’s court ruling that XRP is not a security in public sales.

XRP’s price jumped about 11% on the news to roughly $3.3, climbing back into the top three cryptocurrencies by market value. Trading volumes spiked as traders loaded up on options bets, anticipating more big swings ahead, as US policymakers might soon allow 401(k) plans to include crypto. With the sentiment shifting to risk-on, smart money is rotating into new opportunities beyond the top coins.

A standout project is Bitcoin Hyper (HYPER), a new Bitcoin Layer-2 solution gaining massive traction in its presale. It will anchor the Solana Virtual Machine (SVM) to Bitcoin’s blockchain to supercharge transaction throughput and integrate smart contracts into the largest crypto network.

Multiple whale purchases have helped the HYPER token presale reach nearly $8 million. Early buyers can still purchase HYPER for $0.012575 before the next price increase, which is expected in about 24 hours.

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XRP Breaks Bull Flag Pattern, Eyes $5 Price Target

XRP’s daily chart has witnessed a decisive patterned breakout, reinforcing hopes for a continued rally. After a strong July surge, the altcoin spent recent weeks consolidating in a classic downward-sloping bull flag pattern.

The brief downtrend ended this week when XRP’s price broke above the flag’s upper trendline to reach around $3.3, confirming an upside breakout and keeping the uptrend intact.

Bulls are now targeting a rally toward the next resistance level, which is near $3.50. Notably, XRP’s all-time high is around $3.6–$3.8 (depending on the source), meaning a push into above immediate resistance could help the altcoin enter into a price discovery phase.

If XRP slips back under its breakout zone, a temporary pullback toward $2.94 support could be on the cards.

Nonetheless, XRP has been hitting higher highs on the weekly chart. Analyst Steph is Crypto predicts the current rally could extend into the $3.6 region before the next cooldown, confident that a bull run toward $5 lies ahead.

In the meantime, Ripple’s fundamental moves are adding fuel to the bullish fire as well. The company announced plans to acquire a stablecoin payments platform called Rail for $200 million to upgrade its USD-backed token (RLUSD) with features like virtual accounts and automated treasury tools.

As the crypto market turns bullish, whales are on the hunt for the next breakout opportunity, and many are turning to new projects like Bitcoin Hyper for even bigger upside.

How Bitcoin Hyper Plans to Unlock Bitcoin’s DeFi Potential

Bitcoin Hyper aims to combine Bitcoin’s rock-solid base layer with Solana’s high-speed smart contract capabilities.

The project runs a native SVM on a Bitcoin-anchored rollup chain. This means developers can use familiar Solana tools to deploy and interact with smart contracts, while all transactions will ultimately settle on Bitcoin.

Bringing advanced smart contracts to Bitcoin has long been a holy grail for developers, and Bitcoin Hyper’s approach could finally unlock Bitcoin’s value for DeFi and other Web3 use cases without compromising on security.

The project’s dev team is actively refining the protocol on its testnet and improving the developer experience. The next steps on the roadmap involve clarifying error messages and improving network monitoring tools, while adding support for more complex Solana instructions to ensure full compatibility for advanced dApps.

The HYPER token serves as the fuel for the L2 network, as it will be used for transaction fees, staking, and governance once the platform is live. A popular market commentator from 99Bitcoins thinks HYPER has the potential to offer a 40x return after its exchange listings.

To buy HYPER tokens for $0.012575, presale participants can visit Bitcoin Hyper’s website before the next price increase takes effect. They can then stake their tokens for a high annual reward of up to 138% without even waiting for the presale to end.

While XRP approaches new all-time highs, Bitcoin Hyper could prove a much more lucrative investment opportunity, as its next-gen scaling solution could be transformative for the biggest cryptocurrency.

Visit Bitcoin Hyper Presale

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