Summary of major cryptocurrency news this week: ETH rise due to statements of support for DeFi by the U.S. SEC chairman and an increase in XRP adoption cases.

## Summary of materials for cryptoassets (coins)

Rate of change compared to the previous week (8th to 14th)

• Bitcoin (BTC): $106,003 +1.5%
• Ethereum (ETH): $2,569 +3.5%
• XRP (XRP): $2.14 -0.9%
• Solana (SOL): Dollar +0.1%

I have summarized the materials from the past week, focusing on the top cryptoassets by market capitalization.

Market Capitalization Rank 1: Bitcoin (BTC)

U.S. strategy company (formerly MicroStrategy) purchased additional Bitcoin between the 2nd and 8th. According to the documents submitted to the U.S. Securities and Exchange Commission (SEC), the acquisition price was an average of $105,426 per BTC, and 1,045 BTC were added. The total cost is approximately $110.2 million.

Additionally, in a recent report on the 10th, Swiss digital asset bank Sygnum warned that the Bitcoin holdings of Strategy Corp have reached nearly 3% of the total supply (issued amount = 19,877,256BTC), approaching a “problematic” level. The company also set a target of 5% acquisition, which is seen as increasing concentration risk.

In addition, Paul Tudor Jones, the founder of the investment firm Tudor Investment, recommended including Bitcoin in a portfolio during an interview with Bloomberg on the 12th. He analyzed that inflation will progress from now on and argued that structuring a portfolio with gold, stocks, and “volatility-adjusted” Bitcoin would be a measure against inflation.

Furthermore, the cryptoasset management company Bitwise released a weekly report on the market on the 10th, stating that there is a possibility that the price of Bitcoin could rise to over $200,000 by the end of 2025.

Bitcoin (BTC) news and price

BTC Exchange Comparison | Fees, Spreads, Accumulation, Lending Coins

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Market Cap Rank 2: Ethereum (ETH)

James Butterfill, head of research at the cryptoassets investment firm CoinShares, reported on the 9th that last week, inflows into digital asset investment products were highest for Ethereum. For the second consecutive week, Ethereum investment products outperformed other coin investment products by a significant margin.

Additionally, following the comments made by the new SEC chairman Paul Atkins supporting decentralized finance (DeFi), Ethereum and related tokens saw a significant rise. According to CoinGecko, Ethereum increased by 7% on the 10th, approaching $2,800.

Additionally, Ripple announced on the 11th during the “APEX 2025 Conference” being held in Singapore that the Ethereum Virtual Machine (EVM) compatible sidechain of the XRP Ledger (XRPL) will officially start operations in the second quarter of 2025.

With EVM compatibility, XRPL will be able to seamlessly execute Ethereum-based decentralized applications (DApps) and smart contracts.

Ethereum (ETH) News and Price

Thorough explanation of investment merits and risks

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Market Cap Rank 4: XRP

According to a report by Bloomberg on the 10th, Guggenheim Treasury Services (GTS), a major financial player on Wall Street, has partnered with the cryptoasset company Ripple to begin issuing XRPL Digital Commercial Paper (DCP). The company successfully launched its first digital bond product on Ethereum last September, and this new development is an extension of that.

Additionally, Ripple announced on the 11th that the RWA (Real World Asset) token “OUSG” provided by Ondo has been launched on the XRPL. OUSG can be issued and redeemed with the stablecoin “RLUSD.”

On the 12th, Ripple Labs and the U.S. SEC jointly filed a motion in the Manhattan federal court. Both parties are seeking the lifting of the injunction and the release of $125 million in civil penalties that are held in an escrow account.

Furthermore, on the 12th, Circle, which was listed on the New York Stock Exchange this month, announced that its stablecoin “USDC” can now be issued and used on the XRPL. It will support various use cases on the XRPL.

XRP News and Price

Thorough explanation of investment benefits and risks

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Market Cap Rank 6: Solana (SOL)

The US SEC has demanded that companies applying for a spot ETF for Solana submit a revised S-1 document within one week, according to multiple sources. According to Blockworks, the SEC has informed applicants that it will provide comments within 30 days of submission.

On the 10th, SG-FORGE, the cryptoasset subsidiary of the major French bank Société Générale, announced the issuance of the US dollar stablecoin “USD CoinVertible (USDCV).” It will be issued on the public blockchains Solana and Ethereum, with the management of the backing assets handled by the major financial services company BNY Mellon (BNY).

Solana (SOL) News and Price

Recommended Exchange | Future Prospects, How to Buy, and Risk Summary

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