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Ripple Raises $500 Million at $40 Billion Valuation Following XRP's Historic Surge

Ripple has successfully raised $500 million from affiliates of major Wall Street firms, including Citadel Securities and Fortress Investment Group, achieving a valuation of $40 billion. The funding comes amidst XRP's significant growth, with the cryptocurrency recently hitting an all-time high of $3.65 per coin, fueled by regulatory optimism and the potential for spot exchange-traded funds in the U.S. Ripple's CEO, Brad Garlinghouse, highlighted this investment as a strong endorsement of the company's strategy and vision for the future of cryptocurrency. The funds will help propel continued innovation and development within the Ripple network, focusing on improving XRP solutions.

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Solana Price Analysis: SOL Drops Below Key $165 Level as Technical Support Cracks

Solana (SOL) has experienced a decline of 3.1%, falling below the significant $165 support level, amid mixed signals in the broader cryptocurrency market. Over a 24-hour period, SOL dropped from $169.54 to $164.26, establishing a clear downward trend marked by multiple rejections above $170. The selloff was

Solana Price Analysis: SOL Drops Below Key $165 Level as Technical Support Cracks

Solana (SOL) has seen a significant decline, dropping 3.1% to $164.30 as it broke through the critical support level of $165. This drop, occurring in a broader context of mixed signals across the crypto market, highlights a clear downtrend as SOL fell from $169.54 to $164.26

Solana Price Analysis: SOL Drops Below Key $165 Level as Technical Support Cracks

Solana (SOL) has experienced a decline of 3.1%, dropping below the critical $165 support level amidst mixed signals in the broader cryptocurrency market. The price fell from $169.54 to $164.26 over a 24-hour period, creating a clear downtrend with multiple rejection points above $170. Trading volume increased

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