XRP has fallen about 7% this week, marking its lowest price since late 2024 and pushing its yearly loss to nearly 70%. The price is at risk of dropping below the $1 mark due to bearish technical signals and declining support. Factors contributing to this weakness include a delayed Clarity Act slowing crypto adoption in the U.S., reduced XRP ETF inflows, and a sharp decline in network activity such as monthly active addresses and trading volume. These trends highlight significant challenges for XRP's short-term recovery.
Twelve large XRP wallets have started distributing their holdings, causing a 50 million token influx on exchanges that threatens the price support established since August. This coordinated sell-off by whales reduces the number of wallets holding 10 ...
XRP price recovered to $1.30 on October 25, gaining 1.56% in 24 hours, yet remains nearly 17% lower over the past month. Large XRP holders (whales) have reduced their holdings, with wallets holding 10-100 million XRP dropping from 351 to 339, while e...
XRP and SHIB topped the Korean cryptocurrency interest index at 84.3 points, with XRP accounting for nearly 16% of Korean trading volume. ONDO displayed the highest concentration of trading in Korea relative to global markets, with its Korean trading...
XRP faces potential downside risk as large holders reduce their XRP wallets from 351 to 339, signaling increased selling pressure. Meanwhile, XRP held on exchanges rose by about 50 million tokens, further indicating possible supply growth. Analyst Al...
Open interest decreased over 24 hours for five major cryptocurrencies, with Solana experiencing the largest drop at 3.62%. XRP recorded the highest perpetual-futures funding rate at 0.0100% every eight hours, equivalent to 10.9% annualized, indicatin...
