
Ripple (XRP) Price
Ripple#5XRP News
View allDisclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. As expectations regarding Federal Reserve policy for September shift, the digital asset market is once again in the spotlight. Summary Fed Governor Christopher Waller said cooling inflation could support holding...
XRP faces a key resistance test as its pending four-hour buy signal approaches confirmation, with the trendline still capping gains. Daily momentum is stabilizing, but falling volume leaves the breakout without full confirmation as price tests nearby resistance levels. Binance leads XRP futures activity, while concentrated open interest raises liquidation sensitivity during sharp leveraged market moves. The XRP breakout setup is nearing a decisive resistance test as momentum improves, while derivatives remain active and price holds within a tightening range ahead of a possible directional move. XRP Compresses Beneath Descending Resistance XRP trades around $1.37, with price remaining below descending short-term resistance. The four-hour chart shows repeated resistance near the upper structure boundary. Meanwhile, buyers continue defending the lower portion of the developing range. The range has narrowed as support and resistance move closer together. Such compression places greater focus on the next decisive price movement. A break above resistance would alter the recent sequence of lower highs. The daily chart shows recovery from the August correction remains incomplete. XRP previously climbed from approximately $1.00 toward $1.70 during August. That advance came alongside a notable expansion in trading volume. After reaching $1.70, price faced rejection and began forming lower highs. The subsequent decline brought XRP toward the $1.35-$1.40 support area. Holding this region could establish a higher low after the correction. Momentum Signals Await Price Confirmation Jesse Olson identified a pending buy signal on the four-hour XRP chart. He also noted other altcoins already produced buy signals and followed higher. XRP therefore remains behind those markets within the current confirmation sequence. Source: X The earlier setup included bullish divergence alongside pending RSI confirmation. Those signals indicate improving momentum after an extended period of weakness. However, the resistance break remains necessary before confirmation becomes more convincing. The 9-day SMA sits near $1.385, slightly above the current price. Reclaiming that moving average would restore a stronger short-term technical position. The $1.39-$1.40 area then becomes the next resistance zone. Source: Tradingview Above that area, attention shifts toward the descending trendline and $1.45-$1.50. The Ichimoku structure remains mixed around the current trading area. A sustained move above the cloud would strengthen the daily recovery structure. Futures Activity Adds Market Sensitivity XRP futures activity remains concentrated across several major cryptocurrency exchanges. Binance leads open interest with approximately $502.69 million in outstanding positions. LBank follows with $466.36 million, while Bybit holds $325.67 million. Source: Coinglass Gate records about $298.27 million, while MEXC holds approximately $222.56 million. These figures show substantial futures exposure distributed across multiple trading venues. Open interest represents outstanding positions rather than completed trading activity. Binance also leads XRP futures volume with approximately $1.06 billion. Bybit follows with $436.08 million, while Bitget records $401.17 million. Gate and Bitunix report approximately $370.95 million and $336.88 million. Trade counts reinforce Binance's leading position across the derivatives market. The exchange recorded roughly 2.32 million XRP futures trades during the measured period. LBank registered 723,320 trades, while Bitget recorded approximately 622,090. High derivatives activity leaves the market sensitive to sharp price movements. A confirmed breakout could attract additional trading activity across leveraged positions. Conversely, rejection near resistance could expose crowded positions to liquidation pressure.
Ripple has landed a multi-year partnership with the University of Florida’s athletic department.
Polygon co-founder Sandeep Nailwal has launched a stablecoin donation channel for Nepal’s official disaster fund, with Blockchain for Impact pledging $100,000 to the campaign. Summary The campaign accepts cryptocurrency before converting the funds into Nepalese rupees for the government relief fund. Polygon’s Open Money Stack, Coinme and Cross River Bank support the donation infrastructure. Blockchain for Impact has committed $100,000 to the Nepal relief campaign. The initi...
SOL: Solana faces $78 resistance, while healthier RSI could support another recovery attempt. XRP: XRP’s RSI remains above 50, but $1.12 could provide support during renewed weakness. ETH: Ethereum remains deeply oversold, with $1,812 resistance and potential downside toward $1,510 or $1,380. The crypto market is showing signs of recovery, but traders still face major resistance levels. Solana, XRP, and Ethereum each offer a different technical setup. SOL has regained strength after a sharp market decline. XRP continues holding above a key momentum level despite nearby resistance. ETH remains deeply oversold while sitting on long-term support. These three altcoins could offer opportunities if Bitcoin stabilizes and broader market sentiment improves. Solana (SOL) Source: Trading View Solana has already delivered encouraging signs after recovering from recent weakness. According to the analyst, a similar rebound previously supported months of bullish price action. That historical pattern gives SOL bulls another reason to stay alert. However, Solana now faces resistance around $78, which previously served as strong support. The daily RSI also looks healthier than during the recent downturn. That improvement suggests momentum could support another attempt higher. Still, Bitcoin remains a major factor for SOL’s next move. A stronger Bitcoin could help Solana clear $78 and extend the recovery. A fresh Bitcoin decline could instead trigger another pullback for SOL. Ripple (XRP) Source; Trading View Ripple's XRP also shows signs that buyers remain engaged despite nearby resistance. The analyst highlighted XRP’s RSI holding above the important 50 level. This suggests bullish momentum has not completely faded from the market. XRP now approaches a trendline that has capped price gains since February. The current setup also resembles XRP’s move during May. Back then, XRP gained roughly 15% within two weeks after leaving oversold conditions. Traders may watch closely for a similar reaction around current levels. However, Bitcoin weakness could pressure XRP and send price toward $1.12 support. A break above the trendline could strengthen the bullish case for XRP. Ethereum (ETH) Source: Trading View Ethereum faces a more complicated setup after the latest market sell-off. ETH currently sits near a major trendline stretching back to late 2022. That trendline previously supported Ethereum during the April 2025 market lows. The same area has now become relevant again following recent selling pressure. ETH’s RSI recently reached a record low, showing severe oversold conditions. Still, oversold readings alone cannot confirm a market bottom. Previous cycles saw ETH fall further after reaching similar RSI levels. Bitcoin weakness could push ETH toward the April low near $1,510. A deeper decline could expose $1,380, while $1,812 remains key resistance. SOL could gain momentum if buyers push above the $78 resistance zone. XRP remains supported by strong RSI momentum, but $1.12 could become important. ETH offers a deeply oversold setup near a major long-term trendline. Bitcoin’s next move could determine whether these three altcoins continue recovering.
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XRP Info
What Is XRP (XRP) ?
XRP is the native token of the XRP Ledger, a blockchain network engineered by Jed McCaleb, Arthur Britto, and David Schwartz. It was originally designed to facilitate fast, efficient transactions on the Ripple payment network. XRP can be used for cross-border payments and currency exchanges. XRP uses a consensus protocol that relies on a network of validators rather than mining to process transactions. This allows faster transaction times than mining-based cryptocurrencies like Bitcoin.
XRP is one of the top cryptocurrencies by market capitalization, though its price has been volatile amid the ongoing SEC lawsuit. It has various real-world use cases in international payments and partnerships with financial institutions.
History of XRP (XRP)
History
- 2011 - Jed McCaleb, Arthur Britto and David Schwartz begin developing the XRP Ledger.
- 2012 - The XRP Ledger goes live and launches its native cryptocurrency, XRP. 80% of the initial supply is given to OpenCoin, later renamed Ripple Labs.
- 2013 - OpenCoin officially launches XRP.
- 2016 - Ripple reaches an agreement with Jed McCaleb to restrict the dumping of his XRP holdings.
- 2017 - Ripple places 55 billion XRP into escrow to control the supply and prevent dilution.
- 2020 - The SEC files a lawsuit against Ripple alleging unregistered securities offerings of XRP.
- 2022 - Final legal briefs filed in the SEC vs Ripple case as it heads towards a ruling.
- 2023 - Judge rules XRP itself is not a security in a partial summary judgment in favor of Ripple.
How Does XRP (XRP) Work?
XRP Ledger:The XRP Ledger is an open-source, decentralized cryptographic ledger powered by a network of peer-to-peer servers. It processes and records transactions on an immutable distributed database known as the ledger. The XRP Ledger uses a consensus protocol called the XRP Ledger Consensus Protocol (XLCP) to validate transactions every 3-5 seconds. Validated transactions are recorded in bundles known as ledgers, with each ledger cryptographically linked to the previous one in an ongoing chain.The ledgers contain accounts, settings, transaction history, and a record of all XRP transactions. The native cryptocurrency of the ledger is XRP, which is used to pay transaction fees and as a bridge currency. The ledger is managed by independent validating servers that constantly compare transaction records. Transactions are validated when a minimum of 80% of servers agree on their order and validity to avoid double spending. Anyone can run a validating server to participate in the consensus process.
Usecase:The XRP Ledger provides tools for payments, tokenization, and decentralized finance. For payments, it offers fast, low-cost peer-to-peer transactions that eliminate the need for third parties. Users can also restrict deposits to comply with regulations. Smart contracts execute agreements between parties based on pre-set conditions.For tokenization, the XRP Ledger enables issuing stablecoins backed by assets outside the network as well as native support for creating, selling, and transferring NFTs. Stablecoin issuers can earn revenue through withdrawal fees, transfer fees, interest, and exchange trading. NFT creators can benefit from built-in royalties.The decentralized exchange in the XRP Ledger facilitates trading of XRP and tokens. This exchange provides the liquidity necessary for cross-currency payments. The XRP Ledger also has tools for algorithmic trading to take advantage of arbitrage opportunities. Overall, the XRP Ledger aims to enable fast, secure financial transactions without centralized control.
Tokenomics
What Is XRP Used For ?
The main utility of the XRP token is to provide liquidity for transactions on the Ripple network. XRP allows financial institutions to source liquidity on-demand and in real-time without needing to pre-fund accounts. XRP is used as a "bridge currency" that enables faster and cheaper transactions between two fiat currencies. XRP transactions take just 3 seconds and cost fractions of a penny in fees. For developers, XRP can be used to pay transaction costs and fees on the XRP Ledger. The token also facilitates interoperability between different blockchains through proposed cross-chain bridge standards. Overall, XRP's utility stems from its ability to provide fast, cheap liquidity for payments and transactions.
Token Distribution
Total Supply:When the XRP Ledger began, 100 billion XRP were created, with no more XRP ever to be created.
Initial Distribution:Out of the initial 100 billion: 80 billion XRP were distributed to Ripple Labs (the creators of the XRP Ledger), 19 billion XRP went to the founders of Ripple Labs, and 1 billion XRP was donated to support related causes.
Further DistributionRipple Labs controls the distribution of the 80 billion XRP it owns. This supply is released periodically from an escrow account. Ripple Labs has a strategy of selling up to 1 billion XRP per month from its escrow holdings. The proceeds are used to fund Ripple's operations and ecosystem initiatives. As of 2022, about 48 billion XRP are in circulation. Ripple Labs still holds around 42 billion XRP in escrow.Ripple Labs seeks to release XRP in a controlled, prudent manner, while decreasing its holdings as a percentage of total supply over time. This distribution approach is designed to incentivize long-term health and stability of the XRP market
Why Is XRP (XRP) Valuable?
- Speed - XRP transactions settle in 3-5 seconds, making it much faster than most other major cryptocurrencies like Bitcoin and Ethereum. This speed makes it attractive for real-time payments and international money transfers.
- Scalability - The XRP ledger can handle 1,500 transactions per second, making it highly scalable compared to other cryptos. This allows it to potentially handle high transaction volumes with fast settlement times.
- Adoption - Ripple, the company behind XRP, has formed partnerships with over 300 banks, financial institutions and payment providers to use XRP and the RippleNet platform. Widespread adoption for international payments gives XRP practical utility and value.
- Finite Supply - The total supply of XRP is 100 billion tokens, with around 48 billion currently in circulation. There is no mining like with Bitcoin, so the finite supply helps support XRP's valuation.
- Liquidity - XRP acts as a bridge currency and can be traded across currency pairs. Having high liquidity and trading volume also contributes to XRP's market value.
- Use Cases - In addition to international payments, XRP is positioned for additional use cases like NFTs, smart contracts, and as a medium of exchange for central bank digital currencies. Expanding functionality increases its utility.
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XRP Faces Downward Pressure Amid Cooling Institutional Sentiment
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