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XRP is witnessing growth in its trading activity amid renewed interest from market participants. In the last 24 hours, XRP trading volume has surged by a significant 24% as user engagement turned positive.
According to the latest data from the analysis platform Santiment, XRP is experiencing significant growth in its network, marked by a notable increase in the number of active wallets. This positive trend sharply contrasts with the situation of Bitcoin, which has lost over 277,240 active wallets in the past three weeks.
Among the major cryptocurrencies, few can reliably command as much attention as XRP (XRP 1.05%) and Ethereum (ETH 1.89%), as different as the two may be. Assuming that you're looking to hold onto either coin for at least three years or so, there are plenty of reasons that both could justify an investment of $3,500.
After a solid breakout from the multi-year symmetrical triangular pattern in early November, XRP price entered its first consolidation ahead of the much-anticipated price discovery phase.
XRP maintains stability above $2.32 while repeatedly testing $2.50 resistance, demonstrating persistent buying pressure amid an accumulation phase marked by decreased volatility and steady volume patterns.
XRP price surged today, fueling speculation about a potential rally toward $15. Analysts remain bullish as Ripple's native crypto shows signs of breaking key resistance levels.
MoonPay could not access the capital needed to provide liquidity for TRUMP transactions on its platform because the boom happened over a weekend.
XRP has been attempting to recover from a significant 25% decline, which saw its price drop from $3.00 to $2.33. While investors are hopeful for a rebound soon, the path to recovery may take some time.
Amid the rising speculation of the SEC acknowledging Grayscale's 19b-4 filing for an “XRP ETF”, the XRP price has experienced a jump of over 2% overnight. Notably, with a potential XRP ETF approval, the Ripple price may head toward a new ATH shortly.
According to analytics platform Santiment, XRP continues to see its network grow with more wallets. The same applies to Ethereum, the second most popular blockchain network.
The SEC's changing stance on digital assets is now at a critical juncture. Recently, both the SEC and Binance requested a Washington, D.C. federal judge to pause the ongoing enforcement action for two months.
The cryptocurrency business has resumed its trade today on a positive note, despite the latest CPI numbers being a pain point. Talking about numbers, the total market cap has shot up by 3.10% in the past 24 hours to $3.22 trillion. The trading volume has risen by 22.27% to $129.
Ripple's XRP has drifted to the green zone and has posted decent gains in the last 24 hours. The price is now eyeing to break the $2.50 mark and is now bouncing from an important support zone.
Metrics reveal Ripple's newly minted stablecoin, RLUSD, has eclipsed the $100 million threshold mere weeks after its mid-December 2024 debut. RLUSD Supply Climbs to 108M As of Feb. 12, 2025, the broader stablecoin arena boasts a valuation of $224.367 billion.
The cryptocurrency market is on edge as the US Securities and Exchange Commission (SEC) prepares for a crucial closed-door meeting today, February 13, 2025. While the session falls under the Sunshine Act, meaning discussions remain private, speculation is rife about its potential implications for Ripple and the wider digital asset sector.
XRP price is moving higher from the $2.320 support zone. The price must clear the $2.50 and $2.52 levels to start a fresh increase in the near term.
The ripple effect in the XRP community is palpable as the SEC gears up for another closed-door meeting, scheduled for February 13, 2025. This marks the third consecutive weekly closed session under the Sunshine Act, and the excitement is building.
The cryptocurrency market has been unusually quiet, leading to rare patterns forming on price charts. One such anomaly has emerged in the XRP vs.
Will the SEC halt its Ripple appeal? The closed-door meeting may impact XRP's legal battle, ETF prospects, and crypto market sentiment.
The crypto market continues on a rough patch, with altcoin posting lower volumes compared to last month. This comes after the sharp price drop wiped out gains recorded in January as market confidence declined.
Ripple CEO Brad Garlinghouse has acknowledged the nomination of Brian Quintenz for the role of Chairman of the Commodity Futures Trading Commission (CFTC). In a social media post, Garlinghouse emphasized the importance of the CFTC in maintaining the strength of U.S. capital markets and congratulated Quintenz on his nomination.
There were two liquidation clusters close to the price at $2.26 and $2.54, just beyond the extremes of the range.
As of Tuesday morning last week, Bitcoin has popped about 45% since the election, while altcoins like Hedera are up more than 400% over that same time frame.
Ripple CEO Brad Garlinghouse has congratulated American financial manager Brian Quintenz on his nomination for the chair of the Commodity Futures Trading Commission (CFTC).
