Crypto News Catchup: Crypto Momentum Builds as XRP Makes Waves, Solana Surges on ETF Buzz, and Bitcoin Adoption Expands

Last week in crypto saw a wave of renewed momentum—from bullish technical setups to major institutional and regulatory developments. XRP is nearing a breakout as Ripple moves closer to settling its long-standing case with the SEC, while Solana rallied on growing hopes for a potential ETF approval. Bitcoin also showed signs of recovery, with technical indicators flashing bullish signals. On the adoption front, Scotland’s Lomond School made headlines by becoming the first in the UK to accept Bitcoin for tuition. Meanwhile, in Sweden, a bold proposal to add Bitcoin to national reserves is stirring debate about the future of sovereign digital asset strategies.

XRP Breakout Looms as Ripple Nears SEC Settlement and Whales Move In

XRP is gaining renewed attention as it pushes toward a key resistance level, driven by Ripple’s nearing settlement with the SEC and increased whale activity. Ripple has agreed to a reduced fine, and both parties have filed a joint motion to pause appeals—signaling the legal battle may soon come to an end.

CEO Brad Garlinghouse pointed to political support, institutional expansion, and upcoming product launches as key drivers of momentum. Ripple’s acquisition of prime broker Hidden Road and plans for a new stablecoin further underscore its strategic growth.

Scotland’s Lomond School Becomes UK’s First to Accept Bitcoin for Tuition

Scotland’s Lomond School will become the first in the UK to accept Bitcoin for tuition starting in Autumn 2025. The move reflects a broader push toward financial innovation, aligning with the school’s curriculum focus on sound money principles. While payments will initially be converted to fiat, the school hasn’t ruled out holding Bitcoin in the future. This step adds to a growing global trend of educational institutions embracing Bitcoin both in operations and academics.

Technical Analysis

Following a rebound from the April 7 low of $74,377.98, Bitcoin made a renewed attempt to build upward momentum, briefly testing the 50-period Exponential Moving Average (EMA). Technical indicators suggest a strengthening bullish structure—Momentum Oscillator readings have moved above the 100 baseline, and the Relative Strength Index (RSI) has crossed above the neutral 50 level.

If this positive momentum holds, immediate resistance levels to watch are $88,415, $94,884, and $97,090. However, should sentiment shift, support may be tested at $81,777, with deeper levels near $74,377 and $70,355 potentially coming into play.

Solana Surges on ETF Buzz and Bullish Breakout Signs

Solana (SOL) surged as optimism grows around a potential SOL ETF approval following the appointment of crypto-friendly Paul Atkins as SEC chair. The broader market rebound and increased short liquidations in the futures market further fueled the rally. Bullish technical signals, including a positive RSI divergence, suggest growing momentum, with SOL trading above $130.

Swedish MP Calls for Bitcoin in National Reserves, Challenging Tradition

Swedish MP Rickard Nordin has proposed adding Bitcoin to Sweden’s foreign reserves, signaling a shift in the country’s traditionally cautious financial approach. Citing Bitcoin’s role as a hedge against inflation and a tool for financial freedom, Nordin’s proposal aligns with growing global interest in Bitcoin-backed reserves. While countries like El Salvador and Bhutan have embraced crypto in state finance, Sweden’s regulatory environment remains wary, with past crackdowns on crypto firms. The proposal adds to the ongoing global debate over Bitcoin’s place in national financial strategies.

Conclusion

Last week’s developments highlight the accelerating pace of crypto adoption and market maturity. From institutional moves and regulatory breakthroughs to bullish technical signals, the digital asset landscape continues to evolve on multiple fronts. Whether it’s Ripple nearing legal resolution, Solana gaining ETF traction, or governments and schools embracing Bitcoin, the momentum is building. As the ecosystem grows more interconnected with traditional finance and public policy, all eyes remain on how these trends unfold in the weeks ahead.