XRP's market value jumped nearly $30 billion in a week amid a crypto rally, rising 47% to $1.47. OpenAI's ChatGPT predicts XRP will likely remain below $2 in the near term, estimating a fair value between $1.40 and $1.70. The AI highlights that continued genuine demand and limited leverage speculation are key for XRP to break above $2. A pullback to $1.15-$1.25 could occur if market sentiment cools or leveraged positions unwind. Whale buying and short covering fueled the recent rally, but XRP remains below its 2025 peak, seen as undervalued by some investors.
Claims that XRP could be used with the Federal Reserve's FedNow payment system through Volante Technologies have sparked excitement in the XRP community. Volante connects financial institutions to multiple payment rails including FedNow and has a lon...
Bitcoin jumped from around $64,330 to $74,440 last week, marking a 23.23% weekly gain after months of decline and stagnation. This surge, predicted by analysts in early August, signals a potential new bull market similar to past recoveries in 2019 an...
XRP's circulating supply increased by 5.5% over the past year due to monthly escrow releases of about 272 million XRP, while revenue on the XRP Ledger (XRPL) fell sharply by 81.6% year over year, from $6.43 million to $1.18 million. This revenue decl...
A cryptocurrency wallet linked to market maker Wintermute held $190.77 million in short positions on Hyperliquid as of August 24, with Ethereum as the largest short at $53.02 million, followed by Bitcoin and Solana. The wallet's short exposure increa...
Altcoins are making a comeback after a long market drought, with Cardano (ADA) and Ripple's XRP leading the recovery. XRP rose 11% in 24 hours and 51% over the past week, driven by increased whale activity and a surge in large transactions on its led...
