At a time when XRP is on a short-term upward trajectory, the asset has recorded notable whale activity likely to influence its price direction.
Could the current re-accumulation phase be setting the stage for a move toward $10? This remains the key question as the market watches closely.
Bitcoin trades above $82,000 on Wednesday morning, supported by improving sentiment and four consecutive days of spot ETF inflows as U.S.-Iran tensions eased. Bitcoin ETFs saw $467.4 million in net inflows on Tuesday, while Ethereum ETFs reported $97.6 million in net inflows.
Ripple CEO says layoffs are not part of the plan despite AI-driven growth as Coinbase slashes headcount.
XRP price pushed above the key $1.40 resistance level on Wednesday as improving market sentiment and strengthening technical signals supported a broader recovery across the crypto market. According to data from crypto.news, XRP (XRP) price was trading near $1.
As of early May 2026, XRP is hovering between $1.39 and $1.41, maintaining a consolidation phase following its recent test of near-term resistance levels. Technical analysts are increasingly focused on striking parallels between current price behavior and a formation that materialized in mid-2025.
Speaking at Consensus, Brad Garlinghouse said Ripple is expanding XRP's role in institutional finance, with the company focused on increasing the token's adoption, liquidity, and real-world utility across global financial platforms.
The head of Ripple, Brad Garlinghouse, has declared that time is running out for landmark cryptocurrency legislation in the United States. During his appearance at Miami's Consensus conference on May 5, he emphasized that immediate congressional action is essential or the chance for regulatory clarity could vanish for an extended period.
Days after the Senate Banking Committee released its draft language for the CLARITY Act, Ripple CEO Brad Garlinghouse delivered a blunt message about the road ahead for the delayed crypto market-structure bill. Speaking Tuesday at CoinDesk's Consensus Miami event, Garlinghouse said the next two weeks could prove decisive—not just for the momentum of the legislation, but for whether it ultimately clears one of the last key procedural hurdle.
Moscow Exchange plans to begin calculating and publishing new crypto indices for Solana, XRP, Tron and Binance Coin from May 13, broadening Russia's regulated market infrastructure for digital-asset-linked products. The move matters because the benchmarks could later serve as reference assets for new financial instruments, even as Russian crypto exposure remains restricted to professional investors.
Brad Garlinghouse has warned that recent Senate progress on the CLARITY Act still leaves a narrow window for the bill to move forward.