XRP's year-end $2 probability rose 5 percentage points to 27%. Bitcoin's year-end $100,000 odds stood at 24%, while Ethereum's $3,500 probability reached 16%.
XRP's ledger will get a handful of new features over the coming years. It might also attract a lot of outside capital to its network for management.
Where does this discrepancy come from and what's next for XRP?
Hackers hijacked Ngrave's app alerts to phish recovery phrases, stealing $2.56M in Bitcoin, XRP and more from 70 crypto wallets.
Ripple backs the SEC's proposed Regulation Crypto Assets after a $150M legal fight, asking for changes on decentralization, Form TR and token trading.
Ripple's support highlights growing pressure on the SEC to establish predictable rules for token issuers and crypto fundraising.
XRP could see stronger buying pressure if large investors enter the market while the number of tokens offered for sale remains low. An analysis of 64 crypto exchanges found around 225 million XRP listed for sale at prices from the current market level up to $5.
XRPL's development branch lists LendingProtocolV1_2, a proposed amendment that splits loan setup and acceptance into two transactions.
Ripple has expanded its institutional brokerage business into 24/7 stock and commodity derivatives trading, but HSBC has warned that limited market liquidity could prevent large investors from making extensive use of the service.
Ripple is urging the U.S. Securities and Exchange Commission (SEC) to finalize its proposed crypto rules, arguing that clear regulations are needed to protect investors and keep innovation in the United States.
The Oct. 18 chart put XRP near $1.2877, below a weekly EMA at $1.5085.
When the SEC sued in 2020, XRP fell about 70% within days. A 2023 court ruling then added roughly $21 billion, and exchanges relisted it.