Altcoins begin to Send, SEC to drop Coinbase Lawsuit, KAITO & IP soar!

BTC nears $100k, ETH continues to outperform. Altcoins start to send as meme activity fades. SEC lawsuit vs Coinbase set to be dropped. 1m BTC reserve may offset $21T debt: VanEck. US will buy 4.2m BTC for reserves: Saylor. Arizona BTC reserve bill heads to Senate. Utah BTC reserve bill to be voted on in May. IP up 150% this week, leads new altcoins. Sonic weekly DEX volume rises 85%, S up 60%. Several countries blocked from FTX payouts. First public African company buys $10m BTC. LTC ETF listed on DTCC. SBF seeks pardon by Trump. SEC approves yield bearing stablecoins.

DeFi giant XRP price has successfully caught the tailwinds after the SEC signaled that it may be dropping the Ripple lawsuit. This has pumped the Ripple price by more than 12% in the last 24 hours.

Since this price movement is insulated from Bitcoin’s price action, investors should start picking the best altcoins to capitalize on this situation.

Chances are High for SEC to Drop the Ripple Lawsuit

The battle between Ripple and the Securities and Exchange Commission has been going on for years. However, the time has come to bury the hatchet and let XRP not be considered a security anymore. While the talk of the SEC dropping the lawsuit has been going on since last year, the signals have now gotten stronger with the SEC willing to acknowledge NYSE’s application to list Grayscale’s XRP ETF.

NEW: There it is — The SEC just acknowledged @Grayscale & @NYSE’s 19b-4 filing to list an XRP ETF

(this was mostly expected but officially means the clock will start soon for this and Dogecoin) pic.twitter.com/IQgTqPiiOe

— James Seyffart (@JSeyff) February 13, 2025

In a tweet, James Seyffart argued that the old SEC would not have even acknowledged the application, which means there is a chance for the Ripple lawsuit to be over.

3 Altcoins to Capitalize on XRP’s Gains

The move by the Securities and Exchange Commission won’t only impact the XRP price, but it will also signal that regulations are more attuned now for the growth of the cryptocurrency market. This new era has brought the following three altcoins to the forefront.

Jupiter (JUP)

While XRP price surged, the native crypto of the Solana-based decentralized exchange, Jupiter, JUP, has experienced a surge of more than 12% over the last 24 hours. This is the result of almost a 91% increase in its trading volume. The market capitalization of this token is currently $2.47 billion.

While JUP’s value is still 26% lower than what it was able to achieve in late January of this year, the way its price has been pumping, it is possible that it could move up enough to retest its all-time highs, provided there is enough momentum.

if you voted on Jupiter proposals in Q4, we have some good news for you…

Active Staking Rewards (ASR) are now claimable 🎉

link below👇 pic.twitter.com/I9IwkukhQt

— Jupiter (🐱, 🐐) (@JupiterExchange) February 13, 2025

The reason for this surge has been attributed to the Active Staking Rewards (ASR) becoming claimable recently. While this would have put more tokens into circulation, the price chart has shown that people are now more interested in other perks that Jupiter could bring.

Further growth is expected since the recent JUP Planetary call got featured on X.

JUP Buyback Details, Meow’s 555 Proposal, ASR, and more | J.U.P Planetary Call #37 https://t.co/5WV0PAwYda

— Jupiter (🐱, 🐐) (@JupiterExchange) February 13, 2025

DexBoss

Calling itself the “boss of DEXs,” DexBoss (DEBO) describes itself as a cryptocurrency project that could help people rule the decentralized economy. The native crypto of this project, DEBO, is currently on presale and is being offered at a discount price of $0.011. The listing price has been set to $0.0505, which means those who invest early will likely make upwards of a 400% profit once the token goes live on exchanges.

While the listing boost will excite the intraday traders, in the long term, DEBO could gain more ground thanks to its large list of use cases.

These use cases stem from the fact that the exchange is not limiting itself to a simple type of financial product, as futures and options are also covered. Cross-chain compatibility has been implemented to allow the trading of over 2,000+ assets across several blockchains, and comprehensive trading tools that focus on features like stop-loss orders, limit orders, and more.

Official Trump

Though XRP price is pumping, U.S. President’s official meme coin, Official Trump (TRUMP), has been parabolically making a comeback after trading at lows for so long that investors started to call it a “Trump & Dump” project.

The politically charged meme coin has risen by more than 12% over the last 24 hours and has experienced close to a 10% increase in its trading volume. Trading at around the $19 level at the time of writing, TRUMP has a market capitalization of 3.8%.

While ideally this could have been the result of the Official TRUMP meme community, the follower count on X, although large, doesn’t personify the strength of the meme coin community. The biggest aspect we could find was Trump’s rollback of his reciprocal tariffs.

Furthermore, in his meeting with Narendra Modi, India’s Prime Minister, Trump also announced a COMPACT (Catalyzing Opportunities for Military Partnership, Accelerated Commerce & Technology for the 21st Century) between the two countries.

Conclusion

XRP price’s recent surge signals a potential turning point for crypto markets, as regulatory clarity could drive broader adoption. Investors seeking high-growth opportunities should keep an eye on Jupiter, DexBoss, and Official Trump—each showing strong momentum. While XRP remains a dominant force, these emerging altcoins could offer substantial gains in the evolving market landscape.

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Dipayan Mitra

Dipayan is a full-time journalist and editor working in the Web3 domain. He has over 4 years of experience in the media industry. A graduate in journalism, Dipayan has a keen interest in keeping himself updated with the latest developments in the crypto-space. Technical analysis and assessing market trends is what he specializes in. His work has been featured on popular crypto platforms like AMBCrypto.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.