XRP enthusiasts are filled with anticipation, hoping for a major price rally to close the year. Speculation has been rife about a significant price surge, but expert analyst Vincent Van Code has advised caution.
In a technical analysis shared by crypto analyst Bobby A (@Bobby_1111888) on X, the analyst projects that XRP will potentially reach the $15 mark in this bull run, contingent upon historical price movement patterns aligning. The analysis delves into XRP's past market cycles, applying percentage-based extrapolations and chart pattern assessments to forecast future price trajectories.
Despite the amount of time, XRP bulls have defended the $2 zone, the build-up of liquidity beneath this support area was relatively small.
Prominent blockchain sleuth Whale Alert, which tracks large cryptocurrency transfers, has spread the word about the very first massive XRP transfer in 2025. This hefty transaction carried half a billion XRP coins.
With its price up about 240% year to date, Ripple's native token , XRP (XRP 2.64%), is one of several cryptocurrencies that have soared in response to Donald Trump's presidential election victory. With a market cap of $121 billion, it has minted plenty of millionaires out of its early backers.
In a post on X, prominent pro-XRP attorney, John E. Deaton, shed light on the intricate dynamics between the US Securities and Exchange Commission (SEC) and Ripple's competitors, suggesting a coordinated effort to undermine the company and its digital asset.
In 2024, Bitcoin (BTC) remained among the most dominant cryptocurrencies, reaching an all-time high above the elusive $100,000 mark, fueled by post-election optimism.
The new year 2025 has started for XRP with a rather large transfer of 30 million XRP to the major Korean exchange Bithumb. As it became known thanks to a report from Whale Alert, the amount of tokens equivalent to $64.03 million was deposited on Bithumb earlier today, and it came from the unknown address "rPyCQ.
Ripple's XRP has seen its price significantly erode in recent weeks following a meteoric rise of nearly 500% between November 6 and December 3. Since it reached a multi-year high of $2.90 on December 3, the altcoin has been in a downward trend.
In December 2024, Solana added 1 billion dollars in stablecoins to its total value locked (TVL)! This brings the total TVL of stablecoins on its network to approximately 5 billion dollars.
Solana (SOL) has been hailed as one of the strongest contenders in the cryptocurrency market, often referred to as the “Ethereum Killer” due to its fast transactions and lower fees. However, with the cryptocurrency market's volatility, questions like “Will Solana's price hit $500?
Attorney and XRP supporter John Deaton recently shared that it's hard to truly measure the damage the SEC's lawsuit against Ripple and XRP has caused to Ripple's business. Back in 2012, when Ripple's founders created XRP, stablecoins didn't exist, and the global payments market was wide open for innovation.
XRP's price action remains relatively unchanged, with no major updates in recent developments. However, technical analysis suggests an ongoing reaction at the lower boundary of a potential triangle pattern. Here's a breakdown of the current situation and what to watch for moving forward.
In 2024, Tron recorded $2.12 billion in revenue, eclipsing Ethereum's $2 billion, and leaving Solana trailing significantly.
Bitcoin's price performance as 2024 comes to an end worries investors. At the 50 EMA, a level essential to sustaining bullish momentum, Bitcoin has lost its main support.
This is a segment from the Lightspeed newsletter. To read full editions, subscribe.
Ripple's XRP continues to mesmerize the crypto market, reaching $2.48, its highest level since 2018. This rise, from an increase of roughly 399% in the period of a month, indicates that there is more and more speculation and confidence in the increase in demand for Ripple's main token.
A new tool, the XRP Rich List Summary, is capturing attention in the XRP community. Developed by a Japanese programmer, the platform provides detailed insights into XRP wallet distributions and ownership.
Ripple's Chief Legal Officer, Stuart Alderoty, outlined six key principles on New Year's Eve, urging the US SEC to adopt a measured approach to crypto regulation. According to Alderoty, the SEC should only regulate securities transactions rather than expand its authority over asset sales without contractual rights or obligations.
With market caps of $119 billion and $30.52 billion, respectively, XRP and Cardano are among the top 10 cryptocurrencies globally.
Solana price has erased some of the gains made on Christmas Eve as most cryptocurrencies rallied. This sell-off has led to an increase in whale activity, with some notable ones swapping the SOL token for Hyperliquid's HYPE.
XRP, the native token of Ripple Labs, continues to face significant downward pressure. On December 31, XRP's price dropped 2.62%, reaching $2.02.
The network now holds approximately $5 billion worth of stablecoins, mostly made up of USDC.
In 2022, the Terra blockchain and UST stablecoin imploded, leaving a trail of devastation that only worsened when FTX collapsed later that year. The crypto asset solana (SOL) took a hard hit, plunging to alarming lows. By January 2023, SOL was scraping the bottom of the barrel in terms of price.
Nate Geraci, president of the ETF Store, expects Spot Solana ETFs to be approved in 2025.
Crypto analyst CasiTrades has provided some optimism as she predicts that the XRP could rebound to as high as $2.60. This came as she revealed that the crypto has found its local bottom.
People all over the globe are ready to welcome 2025 with fireworks and big parties. It is high time for U.Today to recall the key cryptocurrency news stories that have defined the year 2024.
XRP has found itself in a challenging position. Currently priced at $2.03, the token has faced some bearish pressure, with the market showing signs of uncertainty.
Cryptocurrency markets are trading relatively flat on New Year's Eve, with Bitcoin exchange netflows significantly lower. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $93,826 -0.5% Ethereum (CRYPTO: ETH) $3,354 -1.0% Solana (CRYPTO: SOL) $195.05 +0.8% XRP (CRYPTO: XRP) $2.09 +0.4% Dogecoin (CRYPTO: DOGE) $0.3184 +0.2% Shiba Inu (CRYPTO: SHIB) $0.00002124 -1.1% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 48.2% and daily active addresses falling by 0.07%.
Solana (SOL) is showing resilience as it holds firmly above critical demand levels, signaling the potential for an upcoming rally. Despite broader market indecision, with Bitcoin (BTC) struggling to regain upward momentum, Solana's price action suggests strength in the face of uncertainty.
Stuart Aldeorty, chief legal officer at Ripple, has outlined some key principles that he believes the SEC has to follow in 2025.
"It may be time to strap in," one analyst assumed.
The digital asset XRP wrapped up 2024 on a high note, climbing above $2 for the first time in years after spending much of the year under $0.72 per coin. Since early Jan., XRP has jumped by more than 236% against the greenback. From $0.63 to $2.
Crypto analyst Dark Defender has revealed a pattern in which the XRP price has formed on the daily chart. In his analysis, he highlighted the $1.95 price level as being crucial as it could determine XRP's next move.
Sonic, the Solana Virtual Machine (SVM) layer-2 chain for games and applications, is set to launch its native token, SONIC, on January 7, 2025. This development is a key milestone in Solana L2 Sonic's roadmap, designed to power its gaming-focused blockchain ecosystem and enhance scalability across its infrastructure.
The milestone highlights growing investor confidence in AI-integrated blockchain projects, potentially spurring further innovation and adoption. The post ai16z becomes first AI token on Solana to hit $2B market cap appeared first on Crypto Briefing.
A new report from Grayscale is once again putting Solana and its native token $SOL on the spotlight for this upcoming year as the asset management company believes that its ecosystem still has tremendous potential for growth ahead. In its report, Grayscale analysts said that the result of the November U.S.
Analysts predict explosive 2025 growth for AI agents as 'agent commerce' takes shape.
With 2024 coming to an end and making way for 2025, popular cryptocurrency XRP has decided to finally delight market participants with green on its price chart, rising as much as 5.5% today.
While the price of the native token of the XRP Ledger has dropped by more than 3% over the past week, a prominent cryptocurrency analyst has recently suggested its prospects for 2025 are extremely bullish.
XRP is on the verge of a potential breakout, with analysts highlighting critical levels that could shape its trajectory toward $5.85.
Bitcoin aims to end 2024 on a (relatively) high note after dipping to a monthly low Monday, while AI agent coin AI16z pops to new highs.
Sonic, the Solana Virtual Machine chain for games and applications on Solana, will unveil its native token SONIC on January 7. On Dec.
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has been one of the most closely watched stories in the cryptocurrency world. The future of XRP, Ripple's native cryptocurrency, hangs in the balance as the SEC's deadline to file its appeal in the lawsuit approaches on January 15, 2025.
The popular cryptocurrency XRP is about to start the new year with a bang, specifically a 25% price spike. While not set in stone like everything else on the crypto market, this is at least what the Bollinger Bands suggest.
XRP price is down 6% over the last seven days but has managed to recover 3% in the past 24 hours, signaling potential stabilization. The RSI has risen to 46.5, moving out of oversold territory, while whale activity remains stable after a brief accumulation phase during Christmas.
2025 may usher in significant crypto developments, like the first Solana-based ETF and more advanced AI crypto trading bots, but it could also bring new threats.
December brought a notable increase in XRPs transaction activity, fueling optimism for a price rally. Trading near $2.07, XRPs key resistance at $2.15 could trigger a potential 40% upswing, while the $1.92 level provides critical support for price stability into 2025.