XRP News

Scott Melker, host of The Wolf Of All Streets Podcast, posted on X that XRP Ledger has overtaken Solana in terms of RWA tokenization value. 

XRP has been experiencing pressure alongside Bitcoin's recent downturn. According to NS3.AI, the cryptocurrency could see a rally following the U.S. Senate's closed-door meeting scheduled for February 10, which will focus on advancing the Clarity Act. This legislative proposal aims to create a unified regulatory framework for cryptocurrencies, potentially alleviating skepticism surrounding XRP due to its classification issues with the SEC. Industry leaders stress that clear crypto regulations are essential for market growth, which could position XRP for a potential recovery.

Ripple has announced an upcoming event on social media, encouraging followers to set reminders and tune in live. Grayscale posted on X, highlighting the importance of the event for the community. The announcement has generated interest among Ripple enthusiasts, who are eager to learn more about the company's latest developments. Ripple's engagement with its audience through social media platforms continues to be a key strategy in maintaining its presence in the digital currency space.

XRP Community Day is approaching, focusing on the development of XRP investment products. Grayscale posted on X that Ray_scale, Head of Product & Research, will participate in Ripple's X Space event to discuss the growth of XRP investment offerings. The event aims to explore the expanding interest and opportunities in XRP investments, reflecting the increasing engagement within the cryptocurrency community.

Ripple has announced a collaboration with Zand Bank in the United Arab Emirates to advance digital financial infrastructure. According to NS3.AI, the partnership aims to utilize Ripple's dollar-pegged RLUSD stablecoin and a proposed dirham-pegged stablecoin, AEDZ, to improve digital asset management and liquidity. The initiative will focus on integrating RLUSD within Zand's compliant digital asset custody framework and establishing liquidity connections between AEDZ and RLUSD. Furthermore, Ripple is considering issuing AEDZ on its XRP Ledger to support this collaboration.

XRP spot exchange-traded funds (ETFs) in the United States experienced a notable single-day net inflow of $6.31 million on February 9. According to NS3.AI, the Franklin XRP ETF was at the forefront, attracting $3.15 million in inflows, while the Canary XRP ETF followed with $2.31 million. The total net asset value of these ETFs has now reached $1.04 billion, indicating robust cumulative investor interest.

Ripple is working towards integrating decentralized finance (DeFi) with regulated institutions through the XRP Ledger (XRPL), aiming to create a compliant and controlled infrastructure. According to NS3.AI, while essential elements such as stablecoin settlement and identity layers are operational, XRPL's liquidity is still limited compared to leading DeFi platforms. The success of this initiative depends on the ability of permissioned markets and tokenized collateral workflows to draw institutional volume. The utility of the XRP network is expected to rely more on its role in value routing rather than on token burns.

XRP has entered a stop-loss phase as its price falls below the average cost basis for holders, according to NS3.AI. Glassnode analysis reveals that the 7-day EMA of the Spent Output Profit Ratio (SOPR) for XRP has dropped below 1.0, indicating more realized losses than profits. This trend is reminiscent of the early stages of the 2021-2022 bear market, suggesting the possibility of a prolonged correction.

XRP has once again dropped below the $1.40 mark, experiencing a significant decline over the past month due to broader pressures in the cryptocurrency market. According to NS3.AI, this downturn is linked to Bitcoin's recent correction from highs above $70,000 to below $69,000. Experts caution that a further Bitcoin crash below $40,000 could lead to widespread market declines, impacting XRP among others. Despite the ongoing downtrend since last year's market crash, XRP's potential for long-term recovery remains dependent on overall market stabilization and economic improvement.

XRP's price has recently dropped to its lowest level in nearly 15 months, nearing the crucial $1.00 mark. According to NS3.AI, large whale investors have accumulated over 1.6 billion XRP tokens, valued at more than $2.2 billion, which has supported a potential price rebound. However, long-term holders are showing signs of selling, contributing to increased market uncertainty.

Derivatives data indicates bearish trader positioning and a heightened risk of liquidation if XRP falls below key support levels. Despite this, strong whale buying activity could facilitate a recovery toward the $2.00 level.

Former Ripple CTO David Schwartz emphasizes the neutrality of XRP as a crucial factor in its adoption by countries wary of using currencies controlled by rivals for trade settlement. According to NS3.AI, XRP functions as a politically neutral settlement infrastructure, making it attractive to nations aiming to mitigate geopolitical risks linked to dominant national currencies such as the U.S. dollar. The integration of XRP by banks and countries is viewed as a strategic necessity rather than a speculative endeavor.

XRP is experiencing a downturn, trading well below its recent highs. According to NS3.AI, several fundamental and technical factors are hindering its growth potential. A significant drop in network activity, continuous supply releases from Ripple's escrow, and skepticism from Ripple's leadership regarding ambitious price targets are key issues. Despite Ripple's partnerships with numerous financial institutions, the actual use of XRP for transactions remains limited, raising doubts about short-term bullish predictions.

XRP investors are currently facing financial setbacks due to emotional trading decisions, according to NS3.AI. Many retail investors bought XRP during price spikes, ranging from $2 to $3.5, and subsequently sold during downturns, exiting at approximately $1.2. This pattern of buying high and selling low has exacerbated their losses. Ripple's CEO has expressed support for a contrarian investment strategy, advising investors to buy when there is widespread fear and to exercise caution during periods of greed.

XRP has experienced a significant rebound, climbing over 20% following a recent decline. According to NS3.AI, this recovery is largely attributed to aggressive buying by large holders, commonly referred to as whales, who have acquired more than 230 million XRP tokens within a 48-hour period. This surge in whale activity has reduced the circulating supply and coincided with a 51.5% increase in new XRP addresses, indicating heightened investor interest.

Currently, XRP is trading near $1.46, encountering resistance at $1.47. Analysts suggest potential upside targets around $1.70, while cautioning about downside risks if key resistance levels are not surpassed.

XRP witnessed a significant price increase of 18%, emerging as the leading performer among major cryptocurrencies. According to NS3.AI, this swift recovery happened as Bitcoin temporarily exceeded the $70,000 threshold following a steep drop the day before. These price fluctuations took place during U.S. morning trading hours, just before the weekend.

Scott Melker, host of The Wolf Of All Streets Podcast, posted on X that XRP is showing strong bullish momentum. Today's candle is bullishly engulfing yesterday's on equal volume at 11 AM EST. He noted that big money is currently investing heavily in altcoins.

Ripple, along with developers of the XRP Ledger (XRPL), has announced recent upgrades to the mainnet and upcoming features aimed at enhancing XRPL's role in regulated, real-world financial applications. According to NS3.AI, these developments are focused on institutional decentralized finance (DeFi) use cases, with the goal of integrating XRP and XRPL more deeply into traditional financial systems. The initiative is designed to position XRPL as a compliant and scalable blockchain hub for future financial services.

A substantial transfer of 200 million XRP, valued at approximately $234 million, was executed from Ripple's wallet to an undisclosed destination. According to NS3.AI, Whale Alert highlighted this significant transaction, prompting speculation about its intent. The movement of such a large amount of XRP could potentially impact market dynamics, contingent on how these funds are utilized.

Following the SEC's settlement with Ripple, U.S. institutional investors are reducing their direct holdings of XRP. According to NS3.AI, this shift is due to the ongoing regulatory stigma surrounding the cryptocurrency, despite the anticipated approval of an XRP spot ETF. Trading data indicates a significant 73% decline in institutional futures open interest and notable net outflows from institutional wallets, suggesting a move towards ETF exposure. The market anticipates the approval of an XRP spot ETF by the second quarter of 2026, with institutions opting for ETF exposure to mitigate compliance risks linked to direct XRP ownership.

Hex Trust, a digital asset custodian, has announced the provision of XRP DeFi access for institutional clients while maintaining asset custody control. According to Odaily, institutions can mint and redeem FXRP, a wrapped token of XRP on the Flare Network, through the Hex platform and stake native FLR. Previously, Flare launched an FXRP lending market, enabling users to earn or borrow without selling XRP. FXRP offers a one-to-one mapping with XRP, allowing participation in smart contract applications without transferring the original XRP.