Although the approval for the long-awaited XRP ETF has been delayed, discussions indicate it may still happen this month. The CEO of Canary Capital has said that his company is ready to launch the ETF next week. This plays a huge part in the XRP price being under pressure and trading below key resistance levels.
During this uncertainty, much attention has shifted to Bitcoin Hyper, a new crypto project that helps Bitcoin be used across various ecosystems. Hyper has achieved massive presale success, attracting $5.8M in new funding in October alone.
XRP Stalls Amid XRP ETF Hopes
Due to the ongoing US government shutdown, the approval for the long-awaited XRP ETFs has been delayed. A few funds were originally scheduled to have their approval deadlines between October 18 and 25, but the SEC has paused all related actions due to the shutdown.
The XRP ETF list awaiting SEC approval includes 21Shares, Grayscale, Canary Capital, Bitwise, CoinShares, and WisdomTree. According to Polymarket’s data, the probability that the XRP ETFs will get approved by the end of 2025 has now increased to 99%.
At Ripple’s Swell conference in New York, the CEO of Canary Capital, Steven McClurg, told the audience that his company is ready to launch the ETF next week. If that occurs, XRP will soon join Ethereum and Bitcoin in the list of crypto assets with spot ETFs in the US. McClurg believes that XRP’s technology is now challenging traditional finance.
Currently, XRP trades at $2.32, with a price decline of 9.88% over the past week and 21.68% over the past month. XRP remains under pressure as heavy whale selling, stalled ETF approvals, and regulatory uncertainty weigh on sentiment. Analysts’ XRP price prediction remains cautious until ETF approvals gain clarity.
Even though Ripple has made a new partnership with Immunefi and there’s institutional optimism, weak momentum and macro headwinds keep the token trading below key resistance levels.
While waiting for more XRP news, many investors consider other options, turning to presale projects, such as BTC Hyper, that can offer them outsized returns.
BTC Hyper Is the Best Crypto to Buy Before the Next Wave
Bitcoin Hyper combines Bitcoin’s settlement layer and a Solana-based development environment, allowing developers to build apps that are secured by Bitcoin and are also lightning-fast. This enables Bitcoin to be used across various ecosystems, from gaming and DeFi to real-world integrations, previously inaccessible on the base BTC network.
Purchasing $HYPER offers investors early exposure to the infrastructure that allows this evolution. The token is inherently tied to BTC’s activity within the ecosystem.
The development layer is where apps are built using the SVM. This environment provides low-cost execution and speed, while Bitcoin functions as the medium of exchange throughout those apps. The settlement layer is beneath, powered by the BTC network, which records and finalizes all transactions on-chain to ensure immutability and security.
A canonical bridge connects the two layers. It is a mechanism that locks Bitcoin on the base layer and mints a wrapped BTC version within Hyper. This wrapped asset moves freely across apps, unleashing previously impossible use cases on the main BTC chain.
$HYPER operates in conjunction with this system, which is used to pay gas fees for Bitcoin transactions within the network. Additionally, it serves as the governance and staking token, managing and securing the protocol. Visit the official BTC Hyper site to learn more.
The Bitcoin Hyper price is currently $0.013225, and its ongoing presale has secured over $26 million in funds. Only in October, $HYPER’s presale attracted $5.8M in new funding, with much of that coming from numerous large whale purchases. In one instance, a whale bought 24.6M $HYPER tokens for around $327K.
Then, two others purchased 25.65M tokens collectively, valued at $333K. A fourth whale followed with one of the largest single purchases to date: 62.2M $HYPER, worth $833K at the time. This week, a whale made a $135K purchase for 10M tokens, contributing to the rising list of high-value presale entries.
Token holders can stake their tokens and get rewards with a dynamic APY. At the moment, the APY stands at 45%. Get your $HYPER tokens and stake them now!
It Is Time to Buy $HYPER as XRP ETF Hopes Rise
As many experts confirm, XRP’s technology is now challenging traditional finance. The long-awaited XRP ETF approval may occur within the next two weeks, alleviating pressure on the XRP price and potentially pushing it to new highs.
As this leaves many investors unsure of what comes next, a new crypto project has proven itself to be worth the time and money due to its huge potential. Bitcoin Hyper has reached the 26M milestone in its presale, becoming a recent main interest of many whales. Now is the time to act and buy the token before its presale ends and major exchange listings drive its price up.
Website: https://bitcoinhyper.com/
Telegram: https://t.me/btchyperz
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
