The XRP Ledger has surpassed 8 million funded accounts, lowering the XRP amount needed to rank in the top 10% of holders to around 3,333 XRP. This shift is due to the growing number of wallets, many holding small amounts, which dilutes the threshold for top percentile rankings. However, the top 1% still control about 92% of the XRP supply, meaning true market power remains concentrated. This broader holder base supports adoption narratives but does not change the supply dynamics that influence price resistance levels around $1.60–$1.86.
XRP traded around $1.42 on Oct. 12, remaining below its 20-day and 50-day moving averages but above the 200-day average of $1.28. The token fell short of a $1.53 forecast target and faces immediate resistance at $1.43 and $1.45, with support near $1....
Bitcoin's price increased by 1.37% to $84,186 as the total cryptocurrency market capitalization dropped 2.35% to $2.83 trillion. While Bitcoin gained, the broader market contracted, with trading volume at $58.32 billion. Other major cryptocurrencies ...
Bitcoin rebounded to nearly $84,000 after slipping earlier in the week, shrugging off $681 million in outflows from U.S.-listed spot bitcoin ETFs, the largest since June. The decline in oil prices, partly due to eased U.S. sanctions on Russian diesel...
Cryptocurrencies XRP, Zcash, Hyperliquid (HYPE), and Shiba Inu (SHIB) have declined from their late-September highs as of October 12, with prices approaching critical support levels. XRP dropped from about $1.66 to near $1.395, with support at $1.35 ...
Bitcoin's price increased by 0.71% to $83,643 while the overall cryptocurrency market capitalization fell by 2.96% to $2.81 trillion. Other major cryptocurrencies like Ether, XRP, BNB, Solana, and Dogecoin also saw modest gains. Bitcoin continues to ...
