XRP has surged 41.51% year-to-date to $1.08, with August seen as crucial due to the upcoming CLARITY Act vote and growing institutional adoption. Ripple's President Monica Long highlighted a shift toward 24/7 on-chain trading and increased institutional involvement as positive signs for XRP's ecosystem. Reduced whale activity on exchanges like Binance suggests major investors may be preparing for a rally. However, XRP faces a key support level at $1.06; holding it could push prices to $1.64, while falling below may lead to a drop to $0.62. Despite optimism, XRP's volatile history and ongoing regulatory uncertainties temper expectations for a sustained rally this month.
The GRAM token experienced sharp price swings after Apple temporarily removed Telegram from its App Store due to content violations, causing a brief 6% drop before recovery. Meanwhile, XRP holders can now borrow the RLUSD stablecoin using wrapped FXR...
Large XRP holders are moving millions of XRP off Binance, significantly reducing the exchange's supply. This trend suggests that whales are shifting their assets to private wallets or long-term storage, which could reduce selling pressure and tighten...
Ripple President Monica Long announced that financial institutions are transitioning tokenized assets from pilot projects to full production, increasing the need for operational infrastructure on public blockchains. Ripple invested in ZILO and Licuid...
XRP closed below its monthly 50-period moving average for the second month, signaling a potential deeper correction. Historical patterns suggest XRP could fall 25-40% to between $0.80 and $0.65, aligning with long-term support levels and a key Fibona...
XRP is trading near $1.06-$1.08, down about 43% this year, with monthly momentum at its weakest in over 13 years, signaling a deeply oversold condition. Despite this, XRP spot ETFs saw $14.86 million in inflows last week, led by Bitwise and Franklin ...
