XRP's price is consolidating near $1.54, caught between rising buyer support and seller resistance. A decisive break above $1.54 could lead to a recovery toward $1.70 or higher. Institutional demand from Evernorth, planning to list XRP on Nasdaq with over $1.1 billion backing, may provide long-term support. However, the recent release of 1 billion XRP raises supply concerns, making the balance between unlocked coins and institutional absorption crucial for price stability.
XRP's price action near the $1.54 mark aligns with its current trading dynamics on Pluang, where it is priced at Rp27.260 with a 1.06% gain as of Oct 02, 2026 12:12 WIB. The market shows a strong buying interest, with 64% of order activity favoring purchases and a typical hold time of 71 days, suggesting steady investor confidence despite the recent token unlock. XRP's market cap stands at Rp1.698,2 trillion, reflecting significant scale in the platform's ecosystem.
Between September 27 and 30, Binance decreased its XRP reserves by about 57 million tokens, reversing over half of the increase seen since September 13. The reserves had risen from 2.60 billion to 2.70 billion XRP but then dropped to 2.647 billion, a...
Clients of Bitwise and Franklin Templeton's US spot XRP ETFs purchased $7.24 million worth of XRP, continuing a steady inflow trend. Since their launch in November 2025, these ETFs have attracted nearly $1.79 billion in total inflows, offering invest...
XRP trader sentiment has dropped to its lowest level since mid-August, with bearish views dominating social media despite a recent price rally. Data from Santiment shows the positive-to-negative comment ratio for XRP has fallen to 0.67, indicating st...
Evernorth has agreed to issue $30 million in convertible senior PIK notes, but this financing will only be completed if its SPAC merger with Armada Acquisition Corp. closes successfully. This means the funds intended for purchasing XRP depend entirel...
Ripple completed its October escrow routine by locking 700 million XRP worth over $1.4 billion back into escrow wallets shortly after unlocking 1 billion XRP. This regular monthly process aims to maintain predictable XRP supply flows and manage circu...
