Crypto Assets Surge as Ethereum Hits Transaction Record

Ripple's XRP jumped 12% after the company resolved its legal dispute with the SEC, prompting analysts to predict new price highs. Cardano (ADA) also saw an 8% gain, with bullish forecasts suggesting it could reach $2.90. Bitcoin (BTC) briefly surpassed $117,500, buoyed by positive post-halving trends. Ethereum set a new daily transaction record of 1.87 million, fueled by stablecoin usage, DeFi activity, and increased institutional accumulation. Institutions now hold over $11.3 billion in ETH, reflecting growing adoption, while recent ETH ETF approvals and regulatory clarity continue to support the ecosystem. Ongoing innovations include new Ethereum-based projects and meme coin launches.