We recently evaluated how high the XRP price could soar if XRP ETFs absorb 5% of the total XRP supply. Notably, ETF discussions have again dominated the crypto scene after Solana recently witnessed the launch of two U.S.-based exchange-traded funds (ETFs): the Bitwise Solana Staking ETF (BSOL) and the Grayscale Solana ETF (GSOL) last month.
The Ripple CEO has addressed XRP's role within Ripple's operations, following renewed speculation that the company was pivoting away from XRP. His comments came at Ripple Swell during an interview with Crypto in America journalist Eleanor Terrett.
A prominent market watcher has shared six reasons he believes XRP could outperform Bitcoin like it has done since mid-2014. Notably, amid the current market slump, analysts believe a recovery could still unfold within this bull run.
A crypto pundit blasts XRP critics, saying those who ignored XRP under $1 and now complain at today’s prices will end up buying the top, becoming the ultimate exit liquidity. Notably, while XRP has faced downward pressure over the past few weeks, the broader crypto market has not escaped the onslaught.
Diep Sanh, an XRP community figure, has suggested that investors would likely panic when XRP drops from $1,200 to $1,000 over 40 years from now. The XRP community is no stranger to audacious price predictions, and Diep Sanh's recent disclosure follows this same trend.
Mert Mumtaz, the CEO of the Solana-based tool Helius, has expressed confidence that Solana will eventually overtake XRP in market cap. Mumtaz made the recent commentary despite SOL's steeper decline on the back of the market-wide crash, with the altcoin collapsing 15.4% over the past week.
A large crypto whale has opened a massive XRP short trade worth over $20 million on Hyperliquid despite the improving market conditions. Market surveillance resource Lookonchain first called attention to the trade, which began after the whale created a new wallet and moved $7 million worth of USDC to the leading decentralized exchange (DEX) platform Hyperliquid today.
Conversations about using XRP to help the United States clear its massive national debt have recently dominated crypto circles. While the idea sounds unlikely, several analysts and community figures have explored how Ripple's escrow holdings could, in theory, help the government tackle its $38 trillion debt burden.
Login