XRP faced technical weakness despite rising ETF demand and another major escrow lockup.
For years, friction between the Cardano and XRP communities has been one of crypto's most persistent rivalries.
Digital assets are plummeting again after slight gains that helped cushion traders' risk exposure. Altcoins have also extended their losses over the last seven days, fueling a broader market decline.
New downtown D.C. office underscores Ripple's long-term commitment to constructive policy engagement, bridging blockchain technology with financial regulation, and advancing U.S. financial innovation.
On-chain data shows that XRP exchange-traded funds (ETFs) have continued to attract steady inflows, while Bitcoin and Ethereum ETFs have recorded consecutive days of outflows. The difference in fund flows and investor demand suggests that institutions and large players are increasingly favoring the altcoin exposure over Bitcoin and Ethereum despite their waning price action.
It remains to be seen the trajectory that XRP takes after returning to a rare zone seen only 4 times in 13 years.
XRP bull Jake Claver argues that Ripple's RLUSD stablecoin does not weaken the case for XRP, but may instead reinforce it by bringing more institution-friendly dollar liquidity onto the XRP Ledger. In a thread on X, Claver said the two assets are built for different roles: RLUSD as a compliant digital dollar, and XRP as the neutral bridge asset that allows value to move between otherwise fragmented markets.
XRP fell below the key $1.25 support level and is trading at $1.23, extending its losing streak to three consecutive days while posting a 5.01% decline over the last 24 hours. The broader cryptocurrency market remains under pressure as investors reduce exposure to risk assets amid ongoing geopolitical uncertainty in the Middle East.
With $1.28 now acting as resistance, XRP faces a tougher road ahead.
Kalshi targets XRP perpetual futures as It expands into ETH, SOL, DOGE, and XLM markets.
As Bitcoin and Ethereum saw nearly $1.5 billion in combined weekly outflows, XRP moved in the opposite direction, attracting $20.3 million in inflows and standing out against the broader market retreat.
Flare Founder Hugo Philion has revealed how his network is utilizing XRP in the decentralized finance (DeFi) space. This includes wrapping the XRP token, which enables users to deploy it on DeFi platforms to earn yield.