XRP, the cryptocurrency associated with Ripple, has shown a strong 20% rebound in the past 24 hours, reaching $2.57 despite facing significant selling pressure. While this recovery is notable, XRP continues to battle volatility, driven by ongoing concerns surrounding market conditions and whale activity.

In a recent announcement, major crypto exchange Binance has unveiled a new update that affects the perpetual contracts of multiple crypto trading pairs.

The new leadership under Trump still needs to decide the securities attributes of assets such as SOL and XRP. This is key because it's making it difficult for exchanges to place crypto coins.

XRP's latest pullback could be part of a classic Elliott Wave structure, according to one market analyst, with a target above $18 if the bulls regain their footing.

The XRP Ledger (XRPL) experienced a network halt that lasted for just over an hour before successfully resuming operations, according to statements published by Ripple's Chief Technology Officer, David Schwartz.

The XRP Ledger has fully resumed operations after an unexpected disruption in transaction validation caused the network to halt for about an hour on Feb. 5, 2025.

Ripple's XRP Ledger (XRPL) temporarily halted block production for about an hour on Tuesday due to a possible network drift. The network has since fully recovered, with no loss of assets or transactions reported.

In the latest XRP news, the US SEC's stance on crypto lawsuits is under the spotlight again, with legal experts weighing in on potential dismissals. Renowned crypto attorney James Murphy, aka MetaLawMan, has shed light on when the agency might start dropping cases.

Bitcoin (BTC) declined marginally to fall from $99,000 to its current level of $98,100. The flagship cryptocurrency is down over 2% in the past 24 hours as it struggles to build momentum.

XRP Ledger recovered after a 64-minute halt with potential self-recovery. Around 88,000 transactions were delayed; customer funds remained secure.

The global cryptocurrency market cap is down by over $200 billion in the last seven days, while the altcoin markets have shed more than $20 billion from their total valuations within the last 24 hours.

XRP attempt to break past the $2.7 resistance level has been met with strong selling pressure, forcing the price into a fresh decline. Its failure to sustain bullish momentum has shifted market sentiment, with bears seizing control and pushing the altcoin lower.

Ripple CTO David Schwartz confirmed the XRP Ledger network is now back up and running, with no loss of user funds.

Concerns have been raised that XRP's remarkable bull run may be coming to an end after it recently broke a crucial six-month support level. Following weeks of turbulence, XRP has fallen below $2.62, which served as a solid support level during its upward trajectory.

Under Trump's leadership, Ripple's CEO, Brad Garlinghouse, is excited about the recent changes happening in the U.S. crypto market, calling them a “big deal.” His excitement follows David Sacks, the U.S. Crypto Czar, pushing for clearer rules and regulations for cryptocurrencies like Bitcoin and XRP.

Everyone seems to be hating on Ethereum (ETH) right now, but investors have been buying this dip in a very big way this week, said CoinShares Head of Research James Butterfill, citing data from fund flows into crypto-oriented exchange-traded investment products in the last 24 hours.

The leading crypto exchange Binance, has unveiled significant updates affecting multiple perpetual contracts, including XRP, NEAR, MEW, and others. Besides, the exchange has also introduced new trading bot services for select spot trading pairs including Litecoin (LTC), TRUMP, and Sonic (S).

TL;DR Ripple's XRP Ledger experienced a 64-minute network halt on February 4, due to consensus issues, affecting approximately 88,000 transactions. Validator operators manually intervened to resume operations, but it remains unclear if the network self-healed or if the intervention directly resolved the issue.

Crypto analyst Dark Defender (@DefendDark) has released an updated technical chart that indicates XRP could be on track to reach the long-anticipated $8 price level in the “upcoming days.” The chart, shared on X yesterday, depicts an Elliott Wave structure complete with clearly defined support and resistance levels, along with a noteworthy correction currently taking place below the $3 price zone.

The XRP Ledger experienced an hour-long network halt on February 5, 2025, due to consensus validation issues

The XRP Ledger (XRPL) is back to full functionality after an unexpected halt in transaction validation that lasted about an hour. On Feb. 5, RippleX confirmed that “XRP Ledger has resumed forward progress” and that its team was investigating the cause.

The XRP Ledger (XRPL) temporarily halted block production for approximately an hour on February 4 before spontaneously recovering.

Ripple CEO Brad Garlinghouse has thrown his weight behind the latest developments in the US crypto space, calling them a “big deal.” His comments follow a press conference by US Crypto Czar David Sacks, which sparked debates over the country's approach to Bitcoin reserves and broader digital asset policies.

XRP is under $3 as bears take over the market. Key Support levels: $2.5, $1.6 Key Resistance levels: $3, $3.3 1.

Brad Garlinghouse addressed the crypto community regarding the press conference attended by Crypto Czar David Sacks. Leaders of the House and Senate committees on banking and finance were present.

The recent price decline of XRP has sparked a discussion among market experts regarding whether the decrease to $1.76 was a natural market reaction or a more deliberate event. Within three hours on February 3, 2025, XRP experienced a rapid decline from $2.57 to $1.76, a staggering 31% decrease.

“One possible failure mode for XRPL is if all the validators think something's wrong with the network, all refuse to send any validations,” the Ripple CTO explained.

Ripple's XRP Ledger faced a 64-minute halt due to validation issues, with XRP price dropping to $2.45 before rebounding to $2.50.

Ripple CEO Brad Garlinghouse has ripped into the crypto community for bashing David Sacks' first major press conference on Capitol Hill yesterday, calling the backlash “shortsighted.

XRP Ledger network outage slightly weighed on XRP's price and market sentiment.

The blockchain ecosystem could soon witness an unexpected collaboration between Cardano (ADA) and Ripple (XRP).

XRP experienced a dramatic price fluctuation, recovering from a significant dip that saw its value plummet to a nine-week low of $1.771 on Binance. This drop marked a challenging moment for XRP, which led to substantial losses in the market, especially in the derivatives space.

Ripple's ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) has drawn attention within the crypto industry. The case, which began in 2020, centers around allegations that Ripple Labs failed to register its XRP token as a security with the SEC.

XRP, the third largest crypto by market cap, has gained tremendous attention lately for numerous reasons, including the possibility of the launch of XRP Spot ETFs in 2025. Notably, in the last one year, the XRP market has showcased an impressive growth of 395%.

The XRP Ledger (XRPL), the blockchain network that powers XRP (CRYPTO: XRP), experienced an unprecedented hour-long interruption in block production on Tuesday before spontaneously recovering, according to Ripple‘s Chief Technology Officer David Schwartz. What Happened: “The network is now recovering.

The Ripple blockchain appears to have run into problems, which have now been resolved, according to the fintech firm.

XRP price is once again facing strong selling pressure, crashing more than 8% and moving back to $2.50. The Ripple token fall comes as the XRP Ledger halted blockchain production for nearly an hour on Tuesday.

Barstool Sports founder and social media personality Dave Portnoy has doubled down on his crypto investments, revealing during a livestream on February 3 that he purchased an additional $1 million worth of XRP. Why XRP? Portnoy, known for his unapologetic approach to trading and gambling, made the announcement as he discussed Monday's market's downturn.

The XRP Ledger paused block production for about an hour on Tuesday before recovering independently, marking a rare disruption for one of the oldest networks in crypto.

The XRP Ledger recently experienced a significant technical failure, halting block production for roughly an hour.

The cryptocurrency market has witnessed a sharp decline today, with the global market cap falling by 2.84% to $3.22 trillion. Trading volume also took a significant hit, dropping by 24.46% to $193.73 billion. The Fear & Greed Index currently stands at 38, reflecting a neutral sentiment among investors.

The XRP market continues to be trapped within an overall larger sideways range. Recently, the market experienced a sharp decline, but the price only dropped from the top of the range at $3.40 down to the $1.96 level, which has acted as a key structural support. The $1.

Ripple's legal uncertainty weighs on XRP as traders await SEC appeal plans. Could a reversal in stance unlock new highs, or is volatility ahead?

XRP price recovered most losses and rallied toward $2.75. The price is now facing hurdles near the $2.70 zone and might start another decline.

Ripple's technology chief, David Schwartz, said the firm is investigating after its XRP Ledger stopped for just over an hour on Feb. 4.

XRP rebounds 20% in 24 hours despite whale sell-offs and trade tariff uncertainties. Will $3 hold?

The incident highlights the resilience and self-correcting capabilities of blockchain networks, emphasizing the importance of robust safeguards. The post XRP Ledger resumes operation after brief network halt, no loss of user assets appeared first on Crypto Briefing.