XRP's price surged from about $1 to $1.70, causing its market capitalization to rise by $43.74 billion while net exchange inflows were only $44.3 million over two days. This highlights how thin liquidity can cause large price swings, as few sellers were available until XRP approached $1.60-$1.70. The 986x market-cap multiplier illustrates that market cap gains don't directly reflect new cash entering the asset but rather price changes multiplied by circulating supply. Analysts remain cautious with price targets, noting technical levels like $1.54 and $1.70 as key resistance points, and warn that the same liquidity dynamics can amplify price drops.
XRP's futures market is experiencing intense activity with both bulls and bears facing significant liquidations around the $1.43 to $1.60 price range. Binance traders are heavily leveraged, leading to over $13 million in liquidations in 24 hours, spl...
Rich, host of Common Sense Crypto, considers XRP trading above $3.40 a conservative estimate given upcoming regulatory decisions, tokenization growth, and potential ETF demand. He challenges market cap limits on XRP's price, emphasizing its role in p...
Ripple is urging the XRP Ledger community to withdraw the long-standing XChainBridge (XLS-38) amendment, which was designed to enable cross-chain bridging on the network. The company cites a lack of developer demand and the fact that Axelar's network...
21Shares has changed the pricing benchmark for its U.S. XRP exchange-traded fund (ETF) TOXR from the CME CF XRP-Dollar Reference Rate to the FTSE XRP Index, effective August 27. This change affects only the pricing methodology and does not alter the ...
Despite record $1.566 billion inflows into XRP ETFs, XRP's price has pulled back, showing a supply-demand imbalance and cautious investor sentiment. Institutional interest remains, but price fluctuations are driven by ETF flows, whale accumulation, a...
