COINOTAG cites a Fortune report that crypto startup Legion has closed a $5 million financing round led by institutional managers VanEck and Brevan Howard Digital, with participation from Kraken and
Shiba Inu holdings on Bybit reached 2,943,549,207,720 SHIB in Bybit’s 25th proof of reserves snapshot, showing SHIB as a dominant exchange balance. Bitcoin and Ethereum also rose, while USDT outflows
SOL has dipped to $181 today, with the cryptocurrency market as a whole falling ahead of the Federal Reserve’s Jackson Hole meeting later this week. This means that the Solana price has now fallen by 8.5% in the past week, while it’s also down by 5% in the last 30 days. These are disappointing percentages, but there are reasons to believe that the coin will recover strongly in the medium- and long-term, with crypto-exchange Bullish announcing yesterday that it will raising $1.15 in Solana-based stablecoins. This is a massive vote of confidence in Solana and its ecosystem, and when combined with its recent momentum and its fundamentals, it points to a very promising long-term SOL price prediction . Altcoin Season On? Is SOL About to See a Major Price Spike as Bullish Bets on Solana Stablecoins for $1.15B Capital Raise? Announcing the move yesterday, the exchange explained that it will receive the proceeds of its hugely successful IPO in stablecoins, with “the vast majority minted for Bullish on the Solana network.” Bullish has arranged to receive $1.15 billion of proceeds from its recently completed initial public offering in stablecoins, which represents a historic step for the use of stablecoins in an initial public offering in the United States. https://t.co/hh9i22RS9I — Bullish (@Bullish) August 19, 2025 Commenting for Bullish’s press release, Solana Foundation President Lily Liu framed the announcement as a hugely significant moment in Solana’s relatively short history. She said, “Bullish’s use of stablecoins in its IPO merges public market infrastructure with blockchain rails, and highlights Solana’s unique position to power a new era of market efficiency and innovation.” However, as positive as the announcement is for Bullish, Solana and crypto more generally, it coincided with a disappointing day for markets, which have suffered amid fears that the Fed may once again refuse to budge on interest rates. But if we look at Solana’s chart, we see that it’s nearing a bottom, and may rebound again very soon. For instance, its relative strength index (yellow) and MACD (orange, blue) have both turned negative today, nearing a point where they will have nowhere else to go but up. Source: TradingView What we also see is that a bullish pennant has been forming since mid-July, setting SOL up for a big move in either direction. Given that the coin is still down on its ATH, and given its recent positive news, it’s highly likely that this move will be upwards. Assuming that the Fed’s meeting this week brings positive news, the SOL price could pass $200 again next week, before reaching $300 in Q4. Wall Street Pepe Beats Market with 10% Jump It’s not only Solana-based stablecoins that have proven popular in recent months and years, but also Solana-based meme tokens. In fact, meme coins have been one of the key ingredients in Solana’s growth, with the blockchain commanding the lion’s share of meme token trading volume . It continues to witness new coin launches on a daily basis, and one exciting new addition to its chain is Wall Street Pepe (WEPE), an Ethereum-based coin that’s launching a SOL-based version of itself. Launching on Solana You can buy early Every dollar buy on $SOL = burns $WEPE on ETH Once ETH $WEPE hits $0.001 → $SOL Peg goes 1:1 Sol buy = Eth burn New site, new plans, the Solana expansion begins pic.twitter.com/c3GBYJZliX — Wall Street Pepe (@WEPEToken) August 19, 2025 WEPE first launched in February after a presale that raised a hugely impressive $73 million , and it has risen by 10% in the past 24 hours. At $0.00005375, it’s actually up by just over 250% since the end of May, making it one of the best-performing tokens over this period. Its gain today has followed from the news that it’s launching a Solana-based version of its coin, which investors can buy directly from its official website before launch. They can buy the Solana-based version of the coin either with fiat or crypto, or by depositing their holdings of the Ethereum-based version. Wall Street Pepe is planning a variety of exchange listings to coincide with the launch, something which could boost its price substantially in the coming days and weeks. And it will also burn its Ethereum-based supply in proportion to the amount of Solana-based tokens it sells, helping to maintain its price. Click Here to Get WEPE on Solana The post Altcoin Season On? Is SOL About to See a Major Price Spike as Bullish Bets on Solana Stablecoins for $1.15B Capital Raise? appeared first on Cryptonews .
Massive $601M XRP Movement Sparks Institutional Momentum via ODL A staggering 200M XRP worth a whopping $601 million moved on-chain, signaling surging institutional interest. Analyst Xaif Crypto links the transfer to intensifying ODL flows after the SEC’s green light for XRP, reinforcing confidence in Ripple’s payment rails and hinting at a pivotal shift in XRP’s role in global finance. The scale of this transaction signals renewed institutional demand for real-time XRP liquidity. Ripple’s ODL, built on XRP as a bridge asset, thrives on fast, low-cost transfers, and with fresh regulatory clarity, institutions appear more confident in moving large holdings through its liquid ecosystem, a shift that could redefine global liquidity flows. Here are three key implications of this development: Institutional Confidence Restored : The SEC’s supportive stance, formal or informal, may represent a breakthrough for institutional investors wary of regulatory ambiguity. This XRP movement could be the first of many bold transactions, as institutions recalibrate their strategic asset allocations toward XRP-enabled cross-border operations. ODL Gains Traction : XRP’s primary utility in facilitating real-time cross-border payment flows positions it as a logistical backbone for institutional liquidity operations. Increased ODL usage could reinforce the XRPL’s role in global remittance corridors, fostering a virtuous cycle of adoption. Market Dynamics to Watch : A transaction of this scale has the potential to nudge XRP’s broader market narrative, be it through price impact, network activity, or liquidity dynamics. While speculative ripple effects remain uncertain, the sheer visibility of such a move could invigorate broader confidence in XRP-driven infrastructure. Why Ripple CEO Brad Garlinghouse Believes Amazon and Uber will Use XRP Brad Garlinghouse is doubling down on a bold vision: giants like Amazon and Uber will one day run payments on XRP. Far from empty rhetoric, his case rests on three accelerating 2025 trends, enterprise pilots gaining traction, strategic infrastructure scaling, and fading regulatory hurdles, making large-scale corporate adoption more credible now than ever before, as highlighted by crypto pundit John Squire. First, Ripple is shifting from proofs-of-concept to real enterprise collaborations. Amazon Web Services (AWS) already features Ripple case studies, and teams have openly explored how XRP can accelerate settlement and liquidity across merchant and cloud services, clear signs that Amazon is testing tangible integration scenarios, not just talking points. Secondly, Ripple is building the infrastructure needed for adoption at scale. In 2025, it unveiled major acquisitions to deliver institutional-grade custody, prime broking, and stablecoin rails, including the $1.25 billion Hidden Road prime-broker deal and the planned purchase of Rail, a stablecoin payments firm. These moves position Ripple to handle corporate treasury, marketplace payouts, and cross-border settlements seamlessly, eliminating many of the operational hurdles companies like Amazon or Uber would face. Thirdly, regulatory risk, which is the biggest hurdle for Fortune 500 treasurieshas eased. Since mid-2025, Ripple has shifted away from cross-appeals toward direct regulatory engagement, a move Garlinghouse says clears the path for mainstream financial integration. With legal uncertainty reduced, corporate risk committees are now more likely to approve pilots using tokenized liquidity. Therefore, for giants like Amazon and Uber, the case for XRP is practical, such as instant cross-currency settlement, lower FX, and float costs on global payouts like driver earnings and vendor settlements. Garlinghouse isn’t suggesting they’ll ditch fiat overnight, but that they’ll pilot tokenized settlements where efficiency wins, and Ripple is building the secure, auditable infrastructure to make it possible. Conclusion Garlinghouse envisions a turning point where XRP evolves from a trader’s asset to an enterprise-grade payments solution. With infrastructure maturing, regulatory barriers easing, and corporations demanding faster, cheaper settlement, Ripple is positioning XRP to drive the next wave of digital commerce, with Amazon and Uber likely among the first real-world test cases. Meanwhile, the transfer of 200 million XRP worth $601 million is more than a routine on-chain move, it’s a clear signal of rising institutional momentum. With the SEC’s green light easing regulatory barriers and ODL adoption accelerating, XRP is positioning itself as a cornerstone for real-time global payments.
The Federal Reserve is signaling to U.S. banks that it’s okay to engage with the crypto industry. This represents a significant shift from earlier positions, with Federal Reserve Chair Michelle Bowman openly urging banks to participate. She shared at the Wyoming Blockchain Symposium on August 19 that she believes that if banks stay on the sidelines, innovative blockchain technology will move on without them, making the traditional banking sector less relevant in the long run. To support this, the Fed has even removed ‘reputational risk’ from its bank supervision guidelines, which should make banks more comfortable working with legal crypto companies. Bowman advocates for a new era where banks are active participants in the digital asset space, not just cautious observers. A Fresh Approach to Crypto Regulation Bowman laid out a new plan with four key principles to guide the Fed’s approach. First is regulatory certainty, which aims to give banks and crypto firms clear rules so they know where they stand. This helps them invest in new technology without the fear of sudden rule changes. Next is tailored regulation, meaning supervisors should look at each case individually instead of using a rigid one-size-fits-all approach. Third is consumer protection, which ensures that all digital asset products follow existing laws to protect customers from unfair practices. Finally, American competitiveness is all about making sure the U.S. remains a global leader in financial technology. Bowman believes that by creating a supportive regulatory environment, the U.S. can attract the best talent and innovation. To top it all off, the Fed is even going to let its staff hold small amounts of digital assets to gain a hands-on understanding of the technology. This new mindset shows that the Fed is no longer viewing crypto as a threat, but as a potential partner in building a more modern and efficient financial system. And if we’re talking about efficiency, we have to mention Bitcoin Hyper ($HYPER) , one of the best crypto presales out there. Unlock Bitcoin’s True Potential Bitcoin is a legend, no doubting that, but if we’re being honest, its old-school tech has some issues. Transactions can be slow, fees can be sky-high, and it can’t handle the latest innovations like DeFi apps or NFTs. Bitcoin Hyper ($HYPER) is here to change that. It’s a new Layer 2 network acting like a superhighway built right on top of Bitcoin. It lets you send money and use apps at blazing speeds with tiny fees, all while keeping the rock-solid security of the Bitcoin blockchain. Bitcoin Hyper ($HYPER) transforms Bitcoin from a slow and steady tortoise into a powerful, flexible, and speedy hare of a platform for all sorts of new users. It tackles Bitcoin’s biggest flaws head-on, from its limited transactions per second to its lack of native smart contract support. By moving transactions off the main chain and settling them later, Bitcoin Hyper offers a real solution for high-volume cases, finally making Bitcoin practical. Don’t miss your chance to buy $HYPER now for $0.012765 . Hurry, as a price increase is coming in the next 2 days! Check out our guide to help you through the buying process . The Best of Both Worlds: Bitcoin Meets Solana Bitcoin Hyper ($HYPER) has a killer feature that sets it apart: it uses the Solana Virtual Machine (SVM). Bitcoin gives you the ultimate security, and the SVM gives you the ultimate speed. By combining them, Bitcoin Hyper allows developers to build super-fast, scalable smart contracts and dApps that can handle thousands of transactions per second, something that was impossible on native Bitcoin. A decentralized Canonical Bridge makes it super easy and safe to move your $BTC to the Hyper network and back again. The $HYPER token is the fuel for this whole ecosystem, used for paying transaction fees, earning rewards through staking, and even having a say in how the project runs. It even offers you passive rewards just for staking your tokens, currently sitting at 101%, but this is a dynamic rate that alters throughout the presale, so get in early to secure the highest return. It’s the perfect mix of Bitcoin’s legendary trust and Solana’s groundbreaking performance, creating a brand-new playground for innovation. In our price prediction , we think it could reach $0.32 by the end of this year, seeing a massive ROI of 2406% if you invest now. Crypto’s New Dawn: A Call to Action The Federal Reserve’s policy shift isn’t just a headline; it’s a green light. By telling banks to embrace crypto and removing ‘reputational risk,’ the Fed signals a new era of mainstream adoption. The tectonic shift validates the purpose of projects like Bitcoin Hyper ($HYPER) , which are building the bridges between traditional finance and the decentralized future. Bitcoin Hyper isn’t just a new token; it’s a key part of infrastructure built to address Bitcoin’s biggest issues and keep it relevant in today’s financial system. The merging of regulatory support and technological innovation creates a strong flywheel effect. Projects already leading the way, like Bitcoin Hyper, could see significant benefits. As the financial world shifts, it’s time to do your own research and observe how the landscape is evolving. The future isn’t approaching; it’s already here, driven by innovation.