XRP closed at $1.00 on August 12, marking its lowest daily close since November 2024 and a 69% drop from its January 2025 peak near $3.30. Despite the price decline, active addresses increased by about 35% in August, indicating more transactions by existing holders, while new user growth remained flat. Selling pressure intensified as the Exchange Supply Ratio hit a six-week high, suggesting more tokens are moving to exchanges. XRP’s price may stay near $1 until buying interest returns, even as institutional use of XRP continues to grow.
XRP is currently trading near $1.49, with Perplexity AI forecasting a rise to $3.25 by January 1, 2027, based on expected favorable macroeconomic conditions and institutional investment. Recently, whales have accumulated over $2 billion worth of XRP,...
Kamilah Stevenson advises XRP investors to multiply their token holdings by a realistic price target to see if the resulting value aligns with their financial goals. She highlights that focusing solely on price predictions like $10 per XRP can overlo...
A sharp price increase in XRP, NEAR, and other altcoins triggered $666 million in forced liquidations of short positions within 24 hours, marking the largest wave of crypto short squeezes in months. XRP rose nearly 8%, NEAR surged over 11%, and Bitco...
XRP inflows to Binance surged 663% above the quarterly average in mid-September, concentrated in three sessions coinciding with key US regulatory and Fed events. Despite large token deposits, Binance's XRP reserves rose only slightly, indicating acti...
Ripple has partnered with Absa Corporate and Investment Banking to launch Absa Digital Asset Custody, using Ripple's crypto custody technology to provide secure digital asset storage for African financial institutions. This collaboration aims to offe...
