Cryptocurrency markets are trading lower on Thursday, continuing to trade in a tight range. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $95,842.60 -1.3% Ethereum (CRYPTO: ETH) $2,648.21 -1% Solana (CRYPTO: SOL) $193.46 +0.07% XRP (CRYPTO: XRP) $2.46 +0.8% Dogecoin (CRYPTO: DOGE) $0.2571 -1.5% Shiba Inu (CRYPTO: SHIB) $0.00001617 -3.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.9% and daily active addresses higher by 8.5%.

XRP, the cryptocurrency associated with Ripple, has been witnessing a notable uptick in its trading activity. Over the past 24 hours, XRP's trading volume surged by an impressive 24%, highlighting growing interest among market participants.

Binance founder Changpeng Zhao , known as “CZ,” ignited a meme coin frenzy and subsequent backlash in the crypto community after sharing a story and photos of his dog, a Belgian Malinois named Broccoli. While CZ explicitly stated he was not creating a meme coin himself, the post prompted the launch of hundreds of tokens bearing the dog's name on the BNB Chain (CRYPTO: BSC).

Ripple officially unveiled its long-awaited stablecoin, Ripple USD (RLUSD), marking a pivotal moment for its evolution. The new digital currency, first announced in April, began trading in December following the New York State Department of Financial Services (NYDFS) approval last week.

A successful retest above $0.000017 could propel Shiba Inu by 18% and take it toward the $0.000020 level.

Shiba Inu's Layer-2 scaling solution, Shibarium, is quickly approaching a significant milestone—reaching one billion transactions. This achievement highlights the continued growth of Shiba Inu's ecosystem and could have important implications for SHIB's price, potentially affecting both its adoption and demand.

Dogecoin price is stuck in a bear market after crashing by over 47% from its highest level in December. Dogecoin (DOGE) token was trading at $0.255 on Thursday as the recovery after last week's crash eased.

The XRP price is eyeing a rally to the $8 price level, which will mark a new all-time high (ATH) for the crypto. This comes amid speculations that the US Securities and Exchange Commission (SEC) is set to acknowledge the XRP ETF applications.

The Elon Musk-led Department of Government Efficiency (DOGE) seems to have struck a few “fear” nerves in Washington, D.C., as the crackdown on wasteful government expenditures continues.

According to the figures shared by the prominent blockchain tracker Shibburn, since last morning, one of the key metrics of the meme cryptocurrency SHIB has demonstrated a massive decline.

XRP has been forming a red bearish candle since the beginning of February, which is a result of a price crash that took place at the start of the month. Although THE ALTCOIN has since recovered slightly, it has yet to return to its January open.

Shiba Inu (SHIB) has gained 2% in the past 24 hours, with technical indicators flashing a strong buy signal that could fuel further upside in the near term.Over the past week, SHIB has also posted a 2.6% gain, showing resilience despite broader market volatility. However, like most meme coins, SHIB remains down 23.4% year-to-date.

XRP consolidates at a crucial level, seeing $75M outflow, bullish outlook, and strong support from an ascending trendline.

The recently released Consumer Price Index (CPI) summary shows that inflation has risen marginally, which led Bitcoin to move up in value by single digits. Altcoins, however, experienced more of an impact as BNB price pumped by more than 13% in the last 24 hours.

Binance is in the spotlight as online analysts on X question its low reserves and whether the crypto exchange sold its BTC, SOL, and XRP reserves to pay its $4.3 billion fine to the Department of Justice (DoJ). Binance, however, has assured customers that their funds are safe.

The disappointment over the lack of an altcoin season is palpable throughout the market. While Bitcoin (BTC) has renewed one all-time high after another almost every two months or even less, alternative cryptocurrencies show much weaker performance, and only select ones like Solana (SOL) saw their historical highs rewritten.

Dogecoin (DOGE) traders are making moves on the market, with open interest reaching $2.37 billion.

The price action of the Shiba Inu (SHIB) coin in recent days has been far from inspiring, or even reasonable. After a series of ups and downs, the price of the popular meme cryptocurrency is back where it was at the beginning of the week - at $0.0000162 per SHIB.

Shiba Inu (SHIB) Price has risen to $0.000016 as it achieved a minor price increase. Multiple market participants remain focused on meme coins including SHIB which has prompted them to evaluate the possibility of SHIB performing a substantial market uptrend.

The crypto community is abuzz with excitement as the Dogecoin price is poised for a significant breakout. Analysts point out a possible Dogecoin ETF approval as the catalyst for the memecoin's potential uptrend.

Dogecoin (CRYPTO: DOGE) has notably outpaced Shiba Inu (CRYPTO: SHIB) over the past 12 months, kickstarting a debate on social media over what drives this performance. The apex meme coin has surged 218% over the past year, outpacing Shiba Inu's 73% gains.

The current consolidated pattern in XRP's price could signal trouble for sellers because it seems the altcoin might be gearing up for a sharp increase. Many experts expect big rises in XRP's value as the market becomes more hopeful about the U.S. approving an XRP-focused ETF today.

Cardano is at the center of fresh speculation after reports emerged that Elon Musk—now heading the newly formed Department of Government Efficiency (DOGE)—is exploring blockchain technology to streamline federal operations.

There aren't too many cryptocurrencies that belong in nearly everyone's portfolio. Still, even if XRP (XRP 1.21%) experiences many of the same pitfalls as other cryptos, like extreme price volatility and a fairly uncertain long-term picture, it is looking like an increasingly attractive place to invest, even if it's with a smaller amount, like $1,000 or so.

For a good reason, crypto enthusiasts love meme currencies. With their rapid rallies, Pepe Coin (PEPE) and Shiba Inu (SHIB) have made news turning little investments into life-changing rewards. Though many tokens flourish on buzz and community support, they lack the foundations for sustained development.

A breakout could be on the horizon with a market rebound, making this dip a prime opportunity.

XRP is moving sideways above $2. Where will it go next?

The XRP price has been gaining ground against Bitcoin in recent days, signaling a potential shift in market dynamics. At the time of writing, XRP was up in its Bitcoin pairing to $0.0000255.

Ripple CTO David Schwartz highlights the potential of real-world asset tokenization using the XRP Ledger, emphasizing its efficiency in sectors like real estate.

Last year, Ripple CEO Brad Garlinghouse revealed that his company has partnered with 10 governments to develop their respective Central Bank Digital Currencies. Working with the central banks of countries like Colombia, Georgia, Montenegro, and Palau could speed up the adoption of digital currencies globally.

Last year, Ripple CEO Brad Garlinghouse revealed that his company has partnered with 10 governments to develop their respective Central Bank Digital Currencies. Working with the central banks of countries like Colombia, Georgia, Montenegro, and Palau could speed up the adoption of digital currencies globally.

Ripple is exhibiting muted price action with minimal volatility, reflecting a market in indecision. Despite this uncertainty, the price remains confined within a narrow trading range, with consolidation likely to persist in the short term.

Several analysts are anticipating massive XRP price gains as the market grows more optimistic about a spot XRP ETF approval in the United States.

On Feb. 13, 2025, XRP stood at $2.46, commanding a valuation of $141 billion, paired with a daily trading volume of $4.87 billion. Its price oscillated between $2.36 and $2.49 during the session, reflecting a delicate balance between buyer tenacity and seller restraint.

Even though the number of transactions on its network has significantly decreased, XRP's price has increased by a noteworthy 5%. Questions concerning the network's present activity levels and possible future price movements are raised by the fact that executed transactions have decreased from 11.6 million to roughly 600,000.

According to an FX Street report, XRP has rebounded by 2% in early Asian trading on Thursday as accumulation trends strengthen among investors. On-chain data suggests that investors are shifting towards a buy-the-dip mentality following the recent market downturn.

XRP spent most of 2024 trading sideways. However, it was one of the biggest beneficiaries of the bull run that kicked off in November.

DOGE has made mistakes in its attempts to change how the government spends money. Elon Musk has acknowledged this.

The Ripple vs. SEC legal battle has been one of the most closely followed and high-stakes cases in the cryptocurrency world.

Elon Musk's DOGE has launched a website to provide updates on federal spending cuts, potentially contributing to a drop in US inflation.

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.

Dog-themed cryptocurrency Shiba Inu (SHIB) has reclaimed a higher spot in the crypto rankings, surpassing Toncoin (TON) in market capitalization as its price shows early signs of a potential rebound.

As on-chain data shows a sharp drop in whale transactions, Shiba Inu is still having difficulties. Nearing zero activity, the number of large SHIB transfers has fallen by 93%.

Dogecoin has broken out of a key technical structure near $0.26, supported by stable network metrics and whale activity, while trading at $0.2536 with multiple resistance targets ahead at $0.286, $0.311, and $0.335.

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.

Shibarium, the Shiba Inu-owned layer-2 scaling solution on Ethereum, is on the verge of breaking a major transaction milestone. The protocol is just days from breaching the one billion transaction milestone, an outlook that marks a good omen for SHIB's price.

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.