XRP price remains around $2.20 despite the major launch of XRPL’s Ethereum-compatible sidechain on mainnet. Trading volume surged to $2.4 billion as the network gains full smart contract capabilities for the first time.
Ripple (XRP) tumbled 5% on Thursday after a US District Judge denied a joint request to modify terms of the ongoing SEC legal settlement, citing concerns about continued securities law violations.
XRP price led the altcoin market recovery with a 10% rally to $2.20, driven by easing geopolitical tensions following the Iran-Israel ceasefire.
XRP
XRP broke below the critical $2 level on Monday, marking its lowest point in 75 days amid legal uncertainty and global market pressure. A Head and Shoulders pattern suggests further downside risk to $1.50.
Eric Balchunas and James Seyffart have raised the odds of XRP, DOGE, and ADA ETFs to 90% following the SEC’s perceived positive sentiment.
XRP price compresses near $2.15 inside triangle, with analysts forecasting a potential breakout toward $5 soon.
In collaboration with Web3 Salon, Ripple Labs has launched a new initiative that offers up to $200,000 in grant funding for Japanese Web3 startups building on the XRP Ledger.
EGRAG CRYPTO has predicted that the XRP price could reach $27, drawing an intriguing parallel to Alexander the Great’s military formation strategies.
XRP price is down by 0.70% in 24 hours and over 4% in the last 7 days, even after VivoPower raised funds for an XRP Treasury.
The US SEC has initiated a review of the WisdomTree XRP Trust ETF filing and is now seeking public comments.
Ripple’s CTO explains why XRP is decentralized despite common misconceptions about its leadership and issuance.
XRP has struggled to break the $2.4 resistance, with over 70% of its realized market cap concentrated in late 2024 to early 2025.
The Dubai Land Department has selected XRP Ledger as the blockchain infrastructure for a real estate tokenization project, which opens up more use cases for XRP.
XRP’s price rose 2.7% to $2.42, with daily trading volumes climbing 45% to $4.33 billion, fueled by the Volatility Shares XRP Futures ETF debut on Nasdaq.
The SEC has delayed its decision on Grayscale’s XRP ETF, seeking public input, as XRP remains flat near $2.35.
Ripple token or XRP is an independent digital asset, native to the Ripple Consensus Ledger. Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native currency (XRP).
Released in 2012, Ripple purports to enable “secure, instant and nearly free global financial transactions of any size with no chargebacks.” It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.