Ripple’s XRP has seen significant activity recently, reaching an all-time high of $3.67 in July 2025. As of August 22, 2025, the price is recorded at $2.86. Market analysts speculate that the next target for XRP could be $5, although recent market corrections may delay this ascent.
In parallel, a new cryptocurrency called Layer Brett (LBRETT) is gaining attention in the decentralized finance (DeFi) community. Positioned as a Layer 2 blockchain project, Layer Brett claims potential growth of up to 220x. Currently priced at $0.0047, it mixes elements of meme culture with DeFi functionalities, which has generated considerable interest during its presale phase.
Analysts note that the project’s Ethereum Layer 2 foundation contributes to benefits such as low transaction fees and enhanced staking opportunities. Early participants in the presale can lock in staking rates exceeding 25,000%, although these rates decline as more investors join.
The recent trend highlights competition among meme coins, with Layer Brett reportedly outperforming established players like Shiba Inu and Dogecoin in terms of investor interest. The launch of Layer Brett’s presale has been marked by heightened community engagement, along with a promotional giveaway event enticing further participation.
- Why it matters:
- Potential growth in Layer 2 projects may point to evolving investment opportunities for both individual and institutional investors in the cryptocurrency sphere.
- The competition between established cryptocurrencies and newcomers may signal shifting dynamics in market valuation and investor focus.
- The latest:
- Layer Brett’s presale has entered a hot phase, attracting substantial early investment interest.
Source: https://coincentral.com/xrp-price-forecast-5-breakout-looms-but-a-viral-l2-altcoin-is-stealing-the-spotlight/
Source: https://coincentral.com/xrp-price-forecast-5-breakout-looms-but-a-viral-l2-altcoin-is-stealing-the-spotlight/