XRP recently closed at $1.00 for the first time since late 2024 but continues to face downward pressure. Despite increased activity from existing users, the altcoin is not attracting new buyers, with daily new addresses remaining flat. Selling pressure is rising, indicated by a higher Exchange Supply Ratio and negative momentum signals, suggesting further declines may follow. Market volatility has decreased, so XRP is likely to hover near $1 until stronger buying interest emerges.
In Q2 2026, JPMorgan significantly increased its investments in Bitcoin and Ethereum ETFs, with $355.7 million in BlackRock's Bitcoin ETF and a 338% rise in Ethereum ETF holdings. The bank also re-entered the XRP market through multiple funds and a S...
Large XRP holders, or whales, have increased their accumulation near the $1 price level, buying over 72 million tokens in 24 hours and more than 452 million in recent weeks. This buying activity is helping offset weakening institutional demand, as XR...
Ripple recently minted an additional $50 million of its RLUSD stablecoin on the Ethereum blockchain, pushing the total supply close to an internal record and nearly matching the amount on its native XRP Ledger. This shift highlights growing capital f...
XRP's price fell below $1 for the first time in over 600 days, despite record adoption metrics on the XRP Ledger. This break below a key psychological support level raises concerns about the token's short-term strength, especially as major institutio...
U.S. spot bitcoin ETFs experienced a significant outflow of $131.13 million on Thursday, led by major funds including ARK 21Shares and Fidelity. In contrast, Ether ETFs gained $6.72 million and XRP ETFs added $2.25 million, indicating growing investo...
