RippleX has rolled out an important upgrade to the XRP Ledger with the official release of the XLS‑100 “Smart Escrows” documentation, and the crypto community is already calling it a turning point for programmable payments on XRPL.
XRP's design leaves a smaller share of its supply exposed to future quantum attacks than Bitcoin's, experts said, pointing to additional XRPL features that stand out.
Are XRP traders now settling down?
XRP is attempting to stabilize after a sharp upward move, but the critical question remains whether this represents genuine strength or merely a short-term bounce in a still-bearish market. The breakout above $1.34 came with solid volume, signaling some buyer participation, yet the lack of meaningful follow-through continues to raise doubts about the sustainability of the recovery.
Ripple CEO Brad Garlinghouse has thrown support behind U.S. Treasury Secretary Scott Bessent's urgent plea for Congress to pass the Digital Asset Market Clarity Act.
Crypto options traders leaned bullish on Ethereum (ETH) and Solana (SOL) into Thursday's expiry, while positioning around XRP (XRP) skewed defensively—signaling a market that still expects upside but is increasingly alert to downside shocks. As of Thursday 12:00 a.m.
Strong volume pushed price above $1.34, though weak fundamentals and overhead resistance continue to cap follow-through.
XRP price started a recovery wave above $1.3380 and $1.340. The price is now consolidating and might aim for a fresh move above $1.3550.
Most people who throw out a $1,000 XRP price target do it anonymously on social media. Dom Kwok did it on a podcast, with his name attached, and when the hosts pushed back he did not flinch once.
XRP is 16% below its late-March high. The market is preparing for a decisive move.
An XRP expert has shared reassuring messages to investors and traders as the cryptocurrency's price continues to trend downwards, showing no signs of a short-term rebound. The analyst has advised investors not to worry about XRP's price action or recent weakness, urging them to focus instead on its broader outlook and the significant institutional volume that could flow through the blockchain in the future.
The Strait of Hormuz, responsible for roughly 20% of global oil flows, has become an unexpected proving ground for cryptocurrency. Reports surfacing in April 2026 suggest Iran is demanding approximately $1 per barrel from tankers crossing the strait, with payments allegedly requested in Bitcoin or Chinese yuan.