Ripple's XRP is trading near $1.009, maintaining the key $1.00 level despite a 69% drop from its January 2025 peak of $3.30. Major holders bought over 72 million XRP in 24 hours, with large wallets adding 380 million tokens in the past week, signaling strong accumulation. XRP spot ETFs saw $2.25 million in net inflows this week, marking a fifth consecutive week of positive capital flow. Wallet activity is rising, with daily active addresses increasing and more holders owning at least 1 million XRP. Technical indicators show XRP below key moving averages, but support levels around $0.87 and $0.77-$0.80 could hold, with potential upside targets near previous highs if momentum shifts.
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...
XRP has reversed its recent downtrend, climbing about 7% to $1.48 after a sharp recovery from last week's dip to $1.29. Institutional investors played a key role, transferring around 1.54 billion XRP worth $2.2 billion to buy the dip, stabilizing tra...
South African bank Absa has launched Absa Digital Asset Custody, powered by Ripple's custody technology, marking a first for Africa's institutional digital asset management. The service offers a secure, regulated environment for safeguarding digital ...
XRP's market capitalization surged by nearly $7 billion on September 21, reaching $93.49 billion as its price climbed to $1.49, marking a 7.8% gain in 24 hours. This rally is driven by investor optimism about potential institutional adoption of the X...
XRP surged 8.7% to $1.49, approaching a critical resistance zone between $1.49 and $1.54. If it breaks and holds above this level, analysts expect a rally toward $1.64 and potentially $2. However, failure to sustain above this zone could trigger a sh...
