Grayscale’s XRP ETF and Dogecoin ETF have appeared on the DTCC registry, marking an important step toward potential market availability. The update has sparked renewed interest in both assets.
The move came as Layer Brett disclosed the launch date for its Layer-2 testnet. This development, alongside that of Dogecoin and XRP, has created a busy week for traders looking to record profits in the crypto market.
XRP analysts anticipate comeback as XRP ETF speculations grow
The listing of Grayscale’s XRP ETF on the DTCC registry has fueled new expectations of a comeback for the token. XRP has seen a small rise in activity, with the token gaining about 1% in the past week, which is notable in the current weak market.
Source: CoinMarketCap
Grayscale’s decision to add the XRP ETF lineup adds another layer of confidence around the token. However, interest is turning to Layer Brett, a new meme token, which has just announced its layer 2 testnet launch date.
DOGE falls 7% despite recent Dogecoin ETF news
Dogecoin has slipped by about 8% over the past week as the crypto market shows signs of a bearish period. This decline comes even after Grayscale added the Dogecoin ETF to the DTCC registry, which many expected to lift confidence in the memecoin.
Source: CoinMarketCap
Some analysts are still hopeful, saying that if more institutions adopt the Dogecoin ETF, it could help stabilize prices. Greater access through regular brokerage accounts may bring renewed interest and support a potential rebound in Dogecoin.
Analysts anticipate huge boost as Layer Brett announces testnet launch date
While the XRP ETF and Dogecoin ETF are gaining attention, Layer Brett is preparing its Layer 2 testnet, set to launch in just 17 days. The network promises near-instant transactions and low fees, offering an alternative for traders seeking speed and efficiency.
Unlike the average memecoin, Layer Brett is built on the Ethereum Layer 2 blockchain , providing fast and low-cost transactions. This gives Dogecoin and XRP holders an idea of a network designed for both scalability and utility. Staking rewards and gamified features encourage community engagement, adding value beyond just price movements.
The upcoming testnet shows that LBRETT combines meme culture with real blockchain function. Also, unlike other meme tokens like Dogecoin, it possesses cross-chain abilities that allow assets to move across chains.
Layer Brett offers unique features that benefit investors
Layer Brett is known for its advanced technology and Ethereum layer 2 framework that make it an attractive option for investors. However, it offers other key features, including:
- Public testnet launch: Launching in 17 days, the testnet would give early users access to network functionality.
- Zero KYC requirements: Unlike other tokens like XRP, there is no KYC needed, as assets are self-custodial for complete user control.
- Simple setup: Connect wallet, choose payment token, buy LBRETT, and start staking.
With XRP and Dogecoin ETF activity heating up, Layer Brett’s Layer 2 network offers speed, low fees, and reward-rich interactions. This combination positions it as a promising project for both traders and crypto enthusiasts.
Conclusion
While XRP ETF and Dogecoin ETF dominate market discussions, Layer Brett offers a high-speed, reward-driven alternative. Its Layer 2 testnet launch in 17 days could attract traders and crypto enthusiasts seeking efficiency and utility.
With Layer Brett’s growing network and focus on speed and low fees, it presents a unique opportunity that investors in the meme token space should take advantage of.
Discover more about Layer Brett (LBRETT):
Website: https://layerbrett.com
Telegram: https://t.me/layerbrett
X: Layer Brett (@LayerBrett) / X
