The gap shows that recent upside attempts have not been strong enough to shift the broader trend. Analysts see this as a corrective structure with no confirmed uptrend in the near-term.
According to data by CryptoQuant, buyers are active enough to prevent a breakdown, but not strong enough to reach key long-term levels before February.
The cryptocurrency is down by around 40% in the past year and lost $66 billion in market cap.
XRP’s 30-day Sharpe Ratio currently sits at 0.034, a level close to zero. This means returns over the past month barely cover risk, a typical condition during consolidation phases.
To ensure complete clarity: the RLUSD team consistently prioritizes the XRPL in every centralised exchange engagement.
While some exchanges may complete their Ethereum technical integration first, simply because they have existing infrastructure for that network, making it a…
RLUSD, Ripple’s stablecoin, holds a market cap near 1.33 billion dollars. RippleX leadership confirms that all upcoming exchange listings either support XRPL at launch or commit to full integration. This strengthens network usage and infrastructure over time.
This ongoing expansion supports the utility case around XRP but has not yet translated into price surge.
Bitcoin Hyper delivers a high-performance Layer 2 framework that enhances speed, reduces transaction costs, and enables smart contract functionality. It does so without compromising Bitcoin’s core security features.
Tokenomics of Bitcoin Hyper
Current Price: $0.013655
Funds Raised So Far: $31M
Staking APY: 38%
The ecosystem is powered by its native token, HYPER, which is used for fees, staking, and unlocking advanced network capabilities.
Bitcoin Hyper has already raised more than $31 million in funding at the time of writing. For further details, check out our Bitcoin Hyper price prediction.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.