Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) may finally be reaching its conclusion. Both parties are expected to submit a joint status update by August 15, with sources indicating that a $50 million settlement is on the table. If approved, this would lift the restriction on institutional sales of XRP—an event that could send shockwaves through the market. Smart money is already positioning ahead of the news. MAGACOIN FINANCE, a rising star in the altcoin space, has also started catching attention as investors search for the next big opportunity while XRP builds momentum. Whale Accumulation Hits Record Levels Beyond the regulatory clarity in sight, on-chain data shows 280 million XRP (worth $858M) was scooped up by large wallets in July. The number of addresses holding over 1 million XRP surged to an all-time high of 2,743, according to recent blockchain analytics. This isn’t retail noise—these are serious players building positions ahead of expected market-moving developments. The hype surrounding the potential approval of XRP ETF applications by BlackRock and Franklin Templeton is gaining steam. These filings are reportedly being timed around the outcome of the SEC settlement, creating a perfect storm for bullish speculation in August. A New 35x Contender Emerges While XRP is preparing for a potential surge to new highs, another altcoin is taking the spotlight for a different reason. MAGACOIN FINANCE has analysts predicting a surge of up to 35x returns as its early stages gather pace. With real scarcity and limited allocations remaining, demand has skyrocketed . Whales have already begun circling the project, treating it as a high-upside hedge while other coins await regulatory clarity. The current surge mirrors early signs seen in coins like Shiba Inu—but with stronger tokenomics and real ecosystem utility, according to experts. Why XRP Could Explode in August There are now multiple catalysts aligning for XRP: Legal clarity likely by August 15, ending the Ripple-SEC saga Institutional restrictions lifted, opening the gates to bigger players ETF filing momentum, following BlackRock’s spot Bitcoin success Whale accumulation reaching record highs in July Technical upside: if the $3.10 level breaks, momentum could test $4 Strong support zone between $2.55 and $2.40 if the rally falters Conclusion XRP is entering a make-or-break month, with key developments that could redefine its trajectory. If Ripple finalizes its deal with the SEC and ETF applications, a breakout is not just possible—it may be inevitable. For investors watching the broader market, MAGACOIN FINANCE stands out as the next high-ROI contender, with many now comparing its current cycle to some of crypto’s biggest historical runs. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Here’s Why XRP Price Could Skyrocket This Month
