John Deaton, a pro-XRP attorney and Republican Senate nominee in Massachusetts, has emerged as a major crypto holder in the political arena. His portfolio is turning heads. Deaton's crypto holdings are no small change. A whopping 80% of his net worth is in Bitcoin or related investments, though it's worth mentioning that the senator has also got stakes in Ethereum, Solana, and XRP (no meme coins, in case you wondered). This news came to light on Wednesday. Fox journalist Eleanor Terret spilled the beans. Deaton's not just a lawyer. He's a Marine vet too. He's been defending cryptocurrencies, especially Ripple, for years. Ripple's been in a nasty legal scrap with the SEC since 2020. The regulator claims they violated securities laws. Deaton's been a key player in Ripple's defense. Now, Ripple's backing Deaton's campaign. They've been throwing serious cash at it. The company's pumped $1 million into a super PAC. It's called the Commonwealth Unity Fund. Legal expert James Murphy, aka "MetaLawMan", set it up. Murphy's got big plans. He wants to see more crypto-friendly faces in Congress. He reckons Deaton's the man for the job. But it's not all smooth sailing. Deaton's up against Elizabeth Warren. She's held her seat since 2013 and isn't a fan of crypto. Warren's got deeper pockets too. Deaton's playing catch-up in the fundraising game. Murphy's not fazed. He told Fox: "We're in it to win it." Meanwhile, XRP's price is feeling the heat. It's down 1.5% in the last 24 hours, trading at $0.615. The whole crypto market's taken a hit, with Bitcoin leading the slide on Thursday.

XRP bulls are chomping at the bit. An analyst's recent Elliott Wave analysis paints a rosy picture for the cryptocurrency. Charting Guy says XRP's ready for takeoff. The crypto hit $0.3825 on July 5, marking the end of Wave 2. Now it's Wave 3 time. This wave could push XRP to $6. That's not chump change. Other analysts are even more bullish. CryptoBull sees $27 in XRP's future. Cryptobilbuwoo's crystal ball shows $21 to $45. But hold your horses. A correction's likely after Wave 3. It's not all smooth sailing. Charting Guy thinks the party could keep going, though. Wave 5 might take XRP to a whopping $22. Let's not get ahead of ourselves. $8 to $13 is more realistic, he admits. Mt. Gox is throwing a spanner in the works. They've dumped 52,550 BTC on the market. It's giving XRP a headache. Ethereum ETFs aren't helping either. They're bleeding money, and it's dragging down the whole crypto market. But it's not all doom and gloom. XRP's trading volume is through the roof. It's up 21% to $2.07 billion. Why? People are buzzing about the Ripple vs. SEC case. A win could send XRP to the moon. A loss? Well, let's not think about that. Right now, XRP's trading at $0.6200. It's up 1.44% in the latest session. Not too shabby. The charts look decent. There's an upward channel and the 50-day EMA's at $0.5899. That's good news for the bulls.

A crypto educator known as "Common Sense Crypto" has laid out a case for XRP hitting $100. It's a bold claim. Many dismiss it outright. But the expert's reasoning has turned heads. Ripple CEO Brad Garlinghouse predicts a $5 trillion crypto market cap. That's double the current figure. Garlinghouse calls this estimate "conservative" for the bull run ahead. Common Sense Crypto is banking on this projection. He sees it as a springboard for XRP's potential value surge. The educator points to Archax, a UK crypto exchange. Archax plans to process $50 trillion in tokenized value via XRP Ledger. Their CEO, Graham Rodford, announced this at Ripple's Swell conference. Not everyone buys it. Panos Mekras, co-founder of Anodos Finance, calls the $50 trillion claim "complete nonsense". He argues it's detached from reality. Common Sense Crypto acknowledges the skepticism. But he reckons Archax isn't alone in its tokenization plans. Other partners could boost XRP's value, he suggests. The end of Ripple's legal battle is another factor. The expert believes institutions will "flood in" post-lawsuit. They'll want to beat the competition, he says. XRP's shrinking public supply is also noted. Demand might spike as a result. Over 12.6 million XRP have already been burned from the 100 billion max supply. For XRP to hit $100, it needs a $5 to $10 trillion market cap. It's a tall order. But Common Sense Crypto isn't betting against it. Currently, XRP trades at $0.6032. It's up 0.53% in the past day. The road to $100 is long. But in crypto, stranger things have happened.

Ripple is gunning for the top spot in digital asset infrastructure for financial services. That's the word from company president Monica Long. In a recent blog post, Long laid out Ripple's strategy. They're eyeing more ways to nudge traditional finance (TradFi) towards modern financial tools. Ripple sees an opportunity to weave XRP Ledger features into its business. This could bring decentralized finance benefits to customers worldwide. They're keeping it secure and compliant, though. Long reckons Ripple can bridge TradFi and Web3. They'll leverage their street cred and tech chops. This includes liquidity, custody, and compliance capabilities. "We want to be a one-stop shop for enterprises," Long stated. She's talking about businesses keen on blockchain benefits but lacking in-house expertise. Ripple's been straddling both TradFi and crypto worlds for years. Long believes this gives them a unique edge. They've got the know-how for core services like crypto on and off-ramps. The company plans to keep evolving its product suite. They're aiming to meet customer needs and wants. It's all about staying ahead of the game. Ripple's not new to this rodeo. They got into the business believing in blockchain's potential. Their vision? Faster, better, and cheaper financial services. Long emphasized Ripple's commitment to best-in-class solutions. They're coupling these with innovative tech to bridge the TradFi-Web3 gap.

XRP's price is on a tear. The crypto asset surged over 20% in the past week. This rally coincides with a spike in network activity. Crypto analytics firm Santiment spotted the trend. They reported a surge in new addresses and total interactions on the XRP Ledger (XRPL). "XRP Ledger is seeing a substantial amount of both new addresses created and total addresses interacting on the network," Santiment noted. "Both are at their highest levels since March." The firm sees this as a positive sign. However, they warn of a possible "FOMO effect" in the early stages. "There is generally positive movement with an uptick in network activity like this," Santiment explained. But they added a caveat. "There is often a 'FOMO effect' at the initial stages when the spike happens that causes a correction like we are seeing." The real test, according to Santiment, is whether XRP can maintain these activity levels. As of writing, XRP is trading at $0.574. It's up nearly 2.5% in the last 24 hours. XRP currently ranks 8th by market cap among cryptocurrencies. The firm also weighed in on Solana, Ethereum's competitor. They're bullish on its short-term prospects. "The Solana faithful have been rewarded for their patience," Santiment stated. SOL prices have jumped 33% since July 4th. Santiment reckons this climb is fueled by "crowd doubt" towards SOL. They believe $200 is within reach "until FOMO replaces the FUD." SOL is currently trading at $169.33. It's up over 7% in a day and nearly 22% in a week. Solana holds the 5th spot by market cap.