Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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About XRP
Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time. Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence. Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count. Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon. In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense. XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.
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Whether you’re a seasoned investor or new to cryptocurrency, our platform offers the latest and real news on XRP. Our news section offers timely updates on XRP’s market developments, regulatory changes, and technological advancements. From breaking headlines to in-depth analysis, we cover a wide range of topics that impact XRP’s value and its role in the cryptocurrency ecosystem.
WMA: Bitcoin Clings onto $62,000 Amid Extreme Market Volatility
Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
8 months ago
Analyst Forecasts XRP Bullish Breakout – A 1,000% Opportunity?
XRP is currently testing a crucial resistance level that will shape its price action in the coming weeks. After the euphoria surrounding the Federal Reserve’s interest rate cuts in late September, the market is experiencing uncertainty and anxiety. While some investors remain optimistic, the recent price movements of XRP have led to a sense of caution. Top crypto analyst Amonyx has shared insights into the potential for an unexpected XRP rally. In his analysis, he suggests that the altcoin might…
8 months ago
Expert Dissects $60 Forecast For XRP Price, Institutional Investors Are The Key
A particular crypto analyst has boldly predicted that XRP price could rise to $60, driven by the influx of demand and capital from institutional investors as it taps into the market share or daily volume of the SWIFT, a global messaging solution for banking and payment. XRP Eyes $60 With SWIFT’s Volume Boost In a recent X (formerly Twitter) post, Levi Rietveld proposed a unique scenario where XRP’s price could potentially surge to $60, marking a staggering increase of approximately…
8 months ago
Q3 2024’s Hottest Cryptos: Invest $500 in Kaspa, Ripple, Polkadot, and Cybro to Potentially Build a $1 Million Portfolio in Just Eight Weeks
In Q3 2024, four cryptos could turn a modest investment of $500 into a potential fortune. Kaspa, Ripple, Polkadot, and Cybro are being eyed by market experts for their promising growth. Discover which of these digital assets are set to explode and how they could transform a small sum into a million-dollar portfolio within just eight weeks. CYBRO Presale Exceeds $3 Million: A One-in-a-Million Next GEN DeFi Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive…
8 months ago
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InvestInvest $1,000 in These 3 Cryptos Today to Drive a Brand New Sport Car by 2026
With the rapid evolution of digital currencies, a modest investment today could lead to significant rewards in the near future. Some cryptocurrencies are positioned for exceptional growth, potentially transforming a $1,000 stake into the value of a new sports car by 2026. Spotting these opportunities early is key for those looking to capitalize on the next big surge in the crypto market. One such promising crypto is XYZVerse (XYZ), an innovative memecoin that unites sports fans across football, basketball, MMA,…
8 months ago
4 Ripple (XRP) Rivals to Flip $800 into $80,000 in the Upcoming Bull Run
Anyone looking to transform an average of $800 to an amazing $80,000 should prepare to find out some of the most advanced Ripple alternatives. These projects have unique developments- expand their ecosystems and surely are capable of growing remarkably in terms of prices soon. Rexas Finance (RXS): A New Era of Tokenization Rexas Finance (RXS) is poised to be the evolution of all the games’ real-world uses thanks to integrating the smart contracts of its users. While it may be…
8 months ago
Ripple Co-Founder Chris Larsen Sends $1 Million XRP Donation To Kamala Harris
As the US presidential election approaches, the crypto industry has emerged as a focal point of political debate, with key figures from blockchain payments company Ripple expressing divided support for leading candidates Vice President Kamala Harris and former President Donald Trump. This division comes amid ongoing debates about regulatory frameworks, particularly concerning the US Securities and Exchange Commission (SEC) and its enforcement actions against the cryptocurrency sector. Ripple Larsen’s $1 Million XRP Donation Christian Larsen, co-founder of Ripple, has made…
8 months ago
Bitcoin Price Crash: $1.83 Billion Makes Its Way To Exchanges, Is A Bloodbath Coming?
Bitcoin is currently hovering above a key support level, and any minor selloff triggered by a group of traders could potentially snowball into a wave of intense selling pressure. This fragile situation is underscored by data from the on-chain analytics firm Santiment, which revealed that over 30,000 BTC, valued at approximately $1.83 billion, has been transferred to crypto exchanges within a short period. Undoubtedly, such a huge amount of BTC entering crypto exchanges is problematic, especially in terms of a…
8 months ago
XRP Price Is In ‘Uncharted Territory’: Here’s What It Means
Crypto analyst Egrag has provided an historical analysis of the weekly XRP price chart, suggesting that the cryptocurrency is entering “uncharted territory.” Utilizing historical data and focusing on critical technical indicators. Egrag highlights significant shifts in XRP’s trading behavior, emphasizing the exhaustion felt by the XRP community during this prolonged cycle. “This cycle has been extremely exhausting and super manipulative, especially when it comes to XRP. But don’t lose hope!” he states. Why XRP Is In Uncharted Territory Central to…
8 months ago
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Cardano and XRP Holders Are Now Exploring This Cheap Altcoin, Poised to Outperform Meme Cryptos With a 5000% Growth Potential
Investors in established cryptocurrencies like Cardano and XRP are turning their attention to a new, affordable altcoin with significant growth potential. This emerging digital asset is capturing interest for its potential to outperform popular meme coins, promising impressive returns. Enthusiasts are eager to learn about the cryptocurrency that could become the next standout in the market. XYZVerse (XYZ) is this altcoin, uniting sports fans in a memecoin with ambitious growth goals, aiming to outperform past successes like PEPE and MOG.…
8 months ago
Crypto Strategist Known for Accurate Calls Reveals the Best Cryptocurrency for 20x Returns in the Next Year
A highly respected cryptocurrency strategist, renowned for precise forecasts, has pinpointed a digital asset with the potential to deliver twentyfold returns in the coming year. This intriguing insight has sent ripples through the crypto community. Enthusiasts and investors alike are eager to uncover which coin might offer such extraordinary growth. Could this be the game-changer everyone has been anticipating? ZDEX Presale: Your Golden Ticket to DeFi Glory The ZDEX presale is live, and this is your shot to get in…
8 months ago
Crypto Price Analysis 10-11 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, DOGECOIN: DOGE, BITTENSOR: TAO, FANTOM: FTM
The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours. The price had briefly dipped below $60,000 once again late on Friday, dropping as low as $58,930 before recovering and pushing back above $60,000. While BTC traded in the red, Ethereum (ETH) registered a marginal increase, along with Solana (SOL), which managed to reclaim the…
8 months ago
XRP Price Teases Fresh Gains: Is a Strong Move Ahead?
XRP price is moving higher from the $0.5220 support. The price could gain bullish momentum if it clears the $0.5360 and $0.5450 resistance levels. XRP price is slowly moving higher above the $0.5320 support. The price is now trading above $0.5340 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $0.5280 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears…
8 months ago
Second XRP ETF Filing Hits The Market, How Did The XRP Price Respond?
The crypto ETF market is expanding at an alarming rate, with news of a second XRP Exchange Traded Fund (ETF) filing spreading across the space. Canary Capital, a boutique Sydney investment and corporate advisory firm has just filed an XRP ETF, following Bitwise’s lead. With the new ETF filing, the price of XRP could see a possible change in the future. Canary Capital Files New XRP ETF On Tuesday, October 8, Canary Capital submitted an official S-1 filing for an…
8 months ago
XRP Could Surge To $60 Overnight Using SWIFT Model, Expert Says
Levi Rietveld, a popular crypto analyst with 122,000 followers on X, has released a new video detailing how XRP could potentially surge to $60 overnight by capturing a fraction of SWIFT’s transaction volume. “XRP will hit $60 overnight with this SWIFT news! Here’s the math!!” he teased via X. How XRP Could Skyrocket To $60 Overnight In his analysis, Rietveld delves into the mechanics of SWIFT, the global financial messaging network that processes a significant portion of international payments. He…
8 months ago
A Strategic Investment in These 3 Altcoins Now Could Soon Pay Off Handsomely
Gone are the days when Bitcoin ($BTC) and Ethereum ($ETH) were the only “socially accepted” cryptocurrencies to invest in. The crypto world underwent a remarkable transformation, revealing many alternative investment opportunities with potentially much higher yields than traditional options. Husky Inu ($HINU), a promising memecoin still in presale, Stellar ($XLM), and Cardano ($ADA) present prime buying opportunities for the savvy crypto investor. Altcoins: To The Moon! The cryptocurrency scene is often associated with amusing phrases such as “When Lambo?” or…
8 months ago
Could XRP Finally Hit $1? Key Factors To Consider, According To Analysts
Many XRP holders expect the altcoin to break $1 soon. XRP has traded around $0.50 for a while despite lingering pressure in the crypto market. Some analysts recently predicted that XRP’s long-awaited bull run will commence as Bitcoin’s dominance declines. XRP Price Forecast: Positive Signs Ahead? The current price projections for XRP from CoinCheckup suggest a bullish trajectory. Analysts anticipate a 14% increase in the altcoin over the next three months, despite the fact that it is currently trading 18.77%…
8 months ago
Crypto Price Analysis 10-10 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGWIFHAT: WIF, CHAINLINK: LINK, SEI: SEI, ARTIFICIAL SUPERINTELLIGENCE ALLIANCE: FET
Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP). Analysts had warned that short-term BTC holders could be tested if BTC slips below $61,000. BTC has been trading in a narrow price range, with its low levels of…
8 months ago
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XRP Price Slows Down: Will Bears Take Over or Bulls Fight Back?
XRP price is still trading in a range below the $0.550 level. The price is slowly moving lower and there could be more downsides below $0.520. XRP price is still stuck in a range above the $0.5080 support. The price is now trading below $0.5300 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.5285 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish…
8 months ago
XRP Price Set To Soar Past $5.85, Predicts Crypto Analyst
Crypto analyst Dark Defender (@DefendDark) has issued a bullish forecast for XRP, projecting a price surge above $5.85 based on a confluence of technical indicators and chart patterns. Despite recent market stagnation, the analyst highlights several key factors—including the application of Elliott Wave theory—that suggest a significant upward movement is imminent. Why XRP Looks Still ‘Super Bullish’ According to Dark Defender, the XRP price is currently determined by three trend lines. Two of these trend lines form a symmetrical triangle…
8 months ago
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XRPXRP Will Jump 75% If It Holds Current Demand Level – Details
XRP is testing a crucial support level to determine the altcoin’s price action in the coming weeks. The market is experiencing uncertainty and anxiety after the past week’s euphoria surrounding the Federal Reserve’s decision to cut interest rates. Despite this positive news, recent price movements have concerned traders who anticipated a massive surge for XRP this cycle. The current situation has increased caution among investors, as many are now looking for confirmation above or below the critical liquidity level. This…
8 months ago
Crypto Analyst Predicts Massive 8,400% Rise For XRP Price To $44, Calls It ‘Conservative’
Crypto analyst Egrag Crypto has predicted that the XRP price will rise 8,400% to $44. Interestingly, the analyst suggested that the crypto could still reach a higher price target, calling the $44 price level “conservative.” XRP Price To Reach $44 Egrag Crypto predicted in an X post that the XRP price would reach $44. He highlighted this price level as one of the conservative targets based on the current cycle and the Fib Channel. The $44 price level is the…
8 months ago
Crypto Price Analysis 10-9 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, DOGECOIN (DOGE), RENDER: RNDR, ARBITRUM: ARB
Bitcoin (BTC) remained muted, registering a marginal decline over the past 24 hours. It continues to hover just under the $62,500 mark. The crypto markets have not seen much movement over the past 24 hours, with cryptocurrencies such as Ethereum (ETH) registering a marginal increase to remain above $2,400, while Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Toncoin (TON), and others reported similar marginal increases. The overall crypto market cap also reported a marginal decline, falling by 0.17% to $2.17 trillion.…
8 months ago
Solana and XRP Spot ETFs: Here’s When to Expect Them, RWA Giant Rexas Finance (RXS) Surpasses $2.75M in Presale as Stage 3 Sell Out Faster Than Planned
The market of cryptocurrency is continuously changing and one of the best prospects to invest currently being evangelized is the approval for spot exchange-traded funds (ETFs) for most popular cryptocurrencies. After a massive step towards launching a spot Ether (ETH) ETF, market researchers switched their focus to the next in line. Standard Chartered's Geoffrey Kendric says Solana and Ripple's XRP coins may also get popularity as ETFs but he feels that may happen late in 2025 rather than 2024. “For…
8 months ago