Institutions Back XRP as Next Banking Altcoin While Unilabs Stuns With Massive Launch Demand 

Source Cryptopolitan

With the SEC’s approval of an XRP ETF starting from April 30, institutions are now backing XRP as the next best alternative to traditional banking. As a result, the Ripple price rallied to over $2.30 as optimism continued to grow. 

But while XRP is drawing attention, Unilabs is capturing investors’ interest with launch hype and an AI-backed approach. In just a few days, its launch has sparked a surge in demand that only a few projects ever experience. 

More on this ahead. 

Unilabs Capturing Investor Interest with $30M+ in AUM

Unilabs is the world’s first AI-backed DeFi asset manager with over $30 million in Assets Under Management (AUM). It will empower retail investors with institutional-grade tools once reserved only for elite hedge funds. These tools will enable investors to monitor Ripple’s price movement, Bitcoin’s dominance, and more. 

While crypto giants like XRP are securing institutional interest through the XRP ETF, Unilabs is drawing attention due to a surge in demand from both retail and strategic investors. It is currently in its presale phase but has already raised over $500,000 in a short span.

This protocol offers four investment funds meeting the requirements of different investors. These include the AI Fund, BTC Fund, RWA Fund, and the Mining Fund. Each fund is managed with AI-powered insights to maximize its profitability. Through this, every level of investor can start earning passive income and gain exposure to AI innovations. 

Apart from this, Unilabs will also reward its community through a 30% redistribution model. This means that nearly a third of the platform fees will be shared with $UNIL holders, depending on the number of tokens they hold. 

Source: Unilabs

Just a few days after the presale launch, the platform’s multi-strategy AI engine and structured fund approach have drawn comparisons to successful products like Yearn Finance and Lido. However, Unilabs is equipped with stronger segmentation and real-time optimization.

Unilabs Referral Layer Offering Real Yield Beyond Ripple Price Gains

While headlines are dominated by the growing momentum behind a potential XRP ETF approval, savvy investors are looking deeper, such as Unilabs. It is attracting investors with its AI ecosystem, designed to unlock real and sustainable yields through intelligence. 

The best part about Unilabs is its Referral system, a powerful passive income engine. By referring other users to the Unilabs ecosystem, early backers can automatically earn rewards. This creates a self-sustaining incentive loop that benefits both the project and the early investors.

XRP ETF Approval Igniting Speculations as Institutions Accumulate

The approval of the first XRP ETF has shifted the narrative around Ripple from one of legal uncertainty to one of institutional confidence. Brazil is also one of the countries that has approved the first spot XRP ETF, which could increase Ripple’s price in the long run. 

As for Ripple’s price movement, the token is up by around 8 to 10% in the past week. Due to the increased institutional interest in the XRP ETF, the price has surged past key resistance levels and now has a clear upside target of $3.00. 

Source: CoinMarketCap

Over the last two months, XRP whales have increased their holdings by 6%, indicating a rise in demand. Technical analysis of the Ripple price also indicates a strong buying sentiment, as shown by the moving averages on the daily chart. 

Despite the macro volatility, the Ripple price has remained resilient and has outperformed most Layer-1 altcoins this year. So, with the ETF flows intensifying, XRP is now mirroring the early phases of Bitcoin’s parabolic run post-ETF approval. 

However, even the approval of the XRP ETF is being overshadowed by Unilabs’ latest utility in identifying potential projects before they take off. 

Conclusion

While the Ripple price still gives a good indication of how the market feels, investors are now looking for tools that help them take action, not just watch. 

Unilabs is doing just that by creating tools that help everyday users make better choices, including an identification tool and an early access scoring system. Early investors now have a great opportunity to buy $UNIL tokens for only $0.0051 each before the project’s value surges.

Learn more about the Unilabs (UNIL) presale: 

Presale: https://www.unilabs.finance/

Telegram: https://t.me/unilabsofficial 

Twitter: https://x.com/unilabsofficial/

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Monero (XMR) Price Jumps 50% Amid ‘Suspicious’ $330 Million BTC Transfer – DetailsAn analyst has suggested that Monero (XMR) could repeat its 2021 cycle-high amid its recent price jump. However, a renowned on-chain sleuth has linked the surge to suspicious Bitcoin (BTC)
Author  NewsBTC
4 Month 29 Day Tue
An analyst has suggested that Monero (XMR) could repeat its 2021 cycle-high amid its recent price jump. However, a renowned on-chain sleuth has linked the surge to suspicious Bitcoin (BTC)
placeholder
BNB Price Finds Its Footing — Can Bulls Ignite the Next Leg Up?BNB price is consolidating above the $640 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $640 support
Author  FXStreet
5 Month 16 Day Fri
BNB price is consolidating above the $640 support zone. The price is now showing positive signs and might aim for more gains in the near term. BNB price is attempting to recover from the $640 support
placeholder
Dogecoin (DOGE) Struggles to Sustain Gain as Meme Coin Mania Cools OffDogecoin started a fresh increase and climbed above the $0.2320 zone against the US Dollar. DOGE is now correcting gains and approaching $0.2180. DOGE price started a fresh increase above the $0.220
Author  NewsBTC
23 hours ago
Dogecoin started a fresh increase and climbed above the $0.2320 zone against the US Dollar. DOGE is now correcting gains and approaching $0.2180. DOGE price started a fresh increase above the $0.220
placeholder
EUR/USD Price Forecast: Seems vulnerable below 1.1200, 200-period SMA on H4 holds the keyThe EUR/USD pair ticks higher at the start of a new week amid a softer US Dollar (USD), though it lacks bullish conviction and remains below the 1.1200 round figure through the Asian session.
Author  FXStreet
23 hours ago
The EUR/USD pair ticks higher at the start of a new week amid a softer US Dollar (USD), though it lacks bullish conviction and remains below the 1.1200 round figure through the Asian session.
placeholder
Ethereum Price Fails to Break Through — What’s Holding It Back?Ethereum price corrected gains and tested the $2,320 zone. ETH is now struggling and might decline toward the $2,220 support zone. Ethereum started a correction from the $2,580 zone and tested
Author  NewsBTC
23 hours ago
Ethereum price corrected gains and tested the $2,320 zone. ETH is now struggling and might decline toward the $2,220 support zone. Ethereum started a correction from the $2,580 zone and tested
goTop
quote