SOL, XRP Zoom 5% Higher as Bitcoin Grapples With $84K Level

Published on Mar 15, 2025


XRP rose 5% following a strong week for closely-related Ripple Labs, which bagged a payments license in the UAE and, per sources, is said to be on track for a close of its long-running court case against the U.S. Securities and Exchange Commission.


What to know:

Solana's SOL and XRP saw a 5% increase, with SOL's rise following the conclusion of a contentious SIMD-0228 in favor of maintaining its current inflation schedule.

Ripple Labs, closely related to XRP, had a strong week, obtaining a payments license in the UAE and reportedly nearing the end of its court case against the U.S. Securities and Exchange Commission.

Memecoins such as PEPE, TOSHI, and DOGE experienced significant gains, reflecting a shift in trader behavior toward higher-risk assets as Bitcoin trades sideways.

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