Investment
Features
FeesSafety
Academy
More
Pluang+

Ripple's rising private share value boosts XRP price action amid IPO anticipation.

Market News
29 May 2026
UToday
View Source
Bullish
pluang ai news

XRP's price has started responding to fundamental news after Ripple Labs' private shares surged to $136.90, reflecting a 376% increase and signaling strong institutional interest ahead of a potential 2026 IPO. This surge follows a $750 million share buyback that valued Ripple at $50 billion, alongside positive legislative developments like the CLARITY Act and growing XRP ETF inflows. Despite XRP's moderate price movement in 2026, these factors have aligned market sentiment with Ripple's IPO prospects, marking a shift from previous sideways trading.

More News (XRP)

XRP Ledger hits 8M activated accounts despite drop in daily active users

XRP Ledger hits 8M activated accounts despite drop in daily active users

The XRP Ledger has surpassed 8 million activated accounts, marking steady growth since March 2026. However, daily active addresses have declined to a 2026 low of 25,350, indicating less frequent user engagement despite overall adoption. XRP's price f...

Protocol Fundamentals
Neutral
4 hours ago
XRP price rises 4% amid market rebound, eyeing potential 20% gain if resistance breaks

XRP price rises 4% amid market rebound, eyeing potential 20% gain if resistance breaks

XRP surged about 4% to $1.11 following a broader crypto market rebound triggered by softer U.S. inflation data. Technical signals suggest a bullish inverse head and shoulders pattern, with potential for a 20% price increase if XRP breaks the $1.12–$1...

Technical Signals
Bullish
4 hours ago
XRP whale activity rises as Binance reserves drop, but market movement remains slow.

XRP whale activity rises as Binance reserves drop, but market movement remains slow.

XRP whale activity has increased alongside a notable drop in Binance's XRP reserves, falling from 2.80 billion to 2.61 billion tokens. Withdrawal transactions on major exchanges like Coinbase, Binance, and Bybit have surpassed deposits, indicating la...

Market News
Neutral
5 hours ago
Trader Peter Brandt spots possible Bitcoin bottom pattern amid mixed market signals.

Trader Peter Brandt spots possible Bitcoin bottom pattern amid mixed market signals.

Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...

Technical Signals
Neutral
5 hours ago
Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...

Market News
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App