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Grayscale launches XRP Trust fund, boosting XRP's price by 10% and sparking speculation about a future Spot XRP ETF approval by the SEC.
Last week (August 5 to August 11) was a volatile week for the crypto market. Let's review some memorable events of the past week.
On August 8th, Ripple's lawsuit with the SEC ended with a $125M fine. XRP is not a security, and Ripple can continue operations, boosting XRP's market value.
Crypto market shows a split this week: Solana and XRP gain while Ethereum and Toncoin decline. Market stability hides the volatility in individual performances.