The post XRP Breakthrough Spurs Hope for Historic Price Levels appeared on BitcoinEthereumNews.com.
XRP has captured the spotlight after achieving a critical technical breakthrough by surpassing a long-standing resistance level, now acting as a robust support. This change of circumstance has invigorated market excitement, as highlighted by industry expert Crypto Kid, who sees potential for revisiting XRP’s all-time high of $3.65. Continue Reading:XRP Breakthrough Spurs Hope for Historic Price Levels Source: https://en.bitcoinhaber.net/xrp-breakthrough-spurs-hope-for-historic-price-levels
The post XRP Sees Triple Adoption Boost as Tokenized Assets Reach $4 Billion, ETF Demand Stays Strong appeared on BitcoinEthereumNews.com.
Key Takeaways XRP-related demand is rising across multiple fronts, including investment flows and user activity. Spot XRP ETFs have recorded eight straight weeks of net inflows, reaching roughly $1.47 billion cumulatively. New XRP wallet creation rose about 40% in late June, while XRPL hosts roughly $4 billion in tokenized assets. Why Are Multiple XRP Adoption Metrics Rising Together? A convergence of growth across assets, capital, and users is emerging across the XRP ecosystem. Detailing that XRP demand is increasing across three areas, XRP treasury company Evernorth shared in its July 6 thread on X: “~$4B in total tokenized real-world assets now sit on the XRP network, roughly 4x the size of its entire ETF market. Demand for XRP is turning up in three places at once.” The first area was tokenized real-world assets, with about $4 billion in tokeniz
XRP is showing growth across multiple adoption metrics, with approximately $4 billion in tokenized real-world assets, continued spot XRP ETF inflows, and rising wallet creation, according to XRP treasury company Evernorth. Together, the figures suggest expanding activity across institutional and retail participants. Why Are Multiple XRP Adoption Metrics Rising Together? A convergence of growth across […]
The post Here’s why XRP’s RWA market is now 4x larger than its entire ETF sector appeared on BitcoinEthereumNews.com.
Institutional positioning around Ripple appears to be taking a different path. The key takeaway is that this isn’t the usual whale accumulation or strategic buyback designed to create scarcity and fuel a sudden parabolic move. Instead, the focus seems to be shifting toward growing conviction in XRPL’s infrastructure, with tokenization momentum increasingly becoming the main theme. As the chart below shows, around $4 billion in tokenized RWAs are now live on XRPL, spanning more than 500 products. More importantly, there are already early examples of institutional usage. Earlier this year, a treasury redemption involving JPMorgan Chase, Ondo Finance, and Mastercard was settled on XRPL in roughly four seconds, according to the companies involved. Source: RWA.xyz Unlike scarcity-driven rallies, this momentum points to a different type of market dynamic. From a psychological
The post European Giant Clearstream Adds XRP and Other Tokens to Custody Offering: Full List appeared on BitcoinEthereumNews.com.
Clearstream, the major European post-trade services provider and subsidiary of the Deutsche Börse Group, has expanded its cryptocurrency custody footprint. The firm has announced the addition of a roster of new cryptocurrencies, including the Ripple-linked XRP, Stellar (XLM), Cardano (ADA), Solana (SOL), Litecoin (LTC), and Avalanche (AVAX). These new digital assets join Bitcoin (BTC) and Ether (ETH). According to the firm, this expansion caters to the growing demand for MiCA-compliant (Markets in Crypto-Assets) digital assets within institutional finance. European Giant Clearstream Adds XRP and Other Tokens to Custody Offering: Full List Ripple Exec: Washington Can’t Ignore Crypto Initial entry into crypto Clearstream is one of the world’s largest settlement and custody firms. It provides infrastructure securities across 60 different markets. In early 20
The post Analysts Say XRP Could Hit $12 as Binance Supply Shrinks appeared on BitcoinEthereumNews.com.
XRP holds above $1.11 as analysts point to multiple bullish technical signals despite recent market weakness. Binance’s XRP supply continues to shrink, reducing exchange liquidity and potentially easing future selling pressure. Analysts see an XRP/BTC breakout and a 13-year RSI low as signs XRP could be nearing a major rally. XRP is trying to stabilize after the recent sell-off. It is holding above the $1.11 support level but continues to struggle below the $1.15 resistance zone. Several analysts believe multiple technical indicators are beginning to align. They argue that XRP could be setting up for a larger move if buyers regain control. Binance XRP Supply Keeps Falling In a tweet, market watcher Xaif pointed to a bullish signal for XRP, stating that XRP scarcity on Binance has reached its highest level since mid-2024. Xaif noted that previous sharp declines in Binance’s XRP supply
The post XRP Struggles Below $1.14 Despite Improving Technical Signals appeared on BitcoinEthereumNews.com.
XRP tests the $1.13-$1.14 resistance after recovering from the recent $1.11 decline. XRP ETFs recorded a ninth straight week of inflows, adding $17.19 million to the market. MACD turned bullish while RSI recovered to 48.99, showing improving short-term momentum. XRP continued to recover from its recent decline, but the rebound remained incomplete as the token struggled to break last week’s gains into a breakout. After falling toward $1.11, buyers returned and pushed the price back toward a key resistance zone. However, the recovery lost momentum before XRP could establish a move above nearby resistance, leaving the market focused on whether the $1.13 to $1.14 area will hold as support or continue to cap further advances. At the time of writing, XRP traded at $1.12, down by 1.51% over the previous 24 hours. The daily trading volume stood at $1.80 billion, while its market capitali
The post Crypto Market Sectors Retreat as Meme Tokens Lead Daily Declines appeared on BitcoinEthereumNews.com.
Meme sector leads losses as SocialFi stays positive despite wider crypto market weakness. SocialFi tops weekly and quarterly returns while DeFi leads year-to-date performance. Crypto sentiment stays in Fear as Bitcoin, Ethereum, and XRP extend daily declines. The crypto market turned lower after several days of gains, with sector performance data pointing to renewed caution across digital assets. Figures from SoSoValue showed losses spreading through most major crypto categories over the past 24 hours, while broader market indicators also reflected weaker prices and subdued investor sentiment. Although several individual tokens posted gains despite the decline, the Meme sector recorded the highest daily loss among the major narratives, contrasting with the SocialFi sector, which remained one of the few areas to finish the session in positive territory. Meme Sector Records the
The post Bitcoin Price Update: Bulls and Bears Both Get Tested as Market Eyes $60,000 Support appeared on BitcoinEthereumNews.com.
The post Bitcoin Price Update: Bulls and Bears Both Get Tested as Market Eyes $60,000 Support appeared first on Coinpedia Fintech News Bitcoin was sitting under pressure around $61,200 when it suddenly reversed and shot all the way up to $64,600 in a sharp, fast move that took most traders by surprise. Before that bounce, a wave of buyers got wiped out at the bottom. Their positions were forcibly closed, clearing the way for the price to … Source: https://coinpedia.org/news/bitcoin-price-update-bulls-and-bears-both-get-tested-as-market-eyes-60000-support/