The crypto market saw mixed trading patterns last week, with large retail outflows in an attempt to avoid liquidations. Several assets like Solana (SOL) and XRP were at both ends of the flow yardstick as institutional activity declined.
Is XRP price heading for a crash, or is it on its way to a new all-time high? Dive into our latest price prediction to uncover what's next for XRP.
Solana (SOL) has captured attention with its remarkable price recovery, standing out as one of the most resilient assets in the cryptocurrency market. After weathering a challenging period in 2022, the blockchain platform has regained momentum, supported by bullish market activity and consistent capital inflows.
Solana may be aping Bitcoin's price action as short-term risk bottoms ahead of a rally.
Solana (SOL) has recorded massive inflows, turning the tide after days in the doldrums. The community dubbed ETH killer picked up gains in price and on-chain activity alongside other altcoins.
DMM Bitcoin, a cryptocurrency exchange in Japan, faced a massive security breach in May 2023, when North Korean hackers stole 4,500 Bitcoins, worth about $320 million at the time. It hugely impacted the firm's operation and despite several attempts to recover the funds DMM Bitcoin failed to restore their customer money.
Following the recent US election, leading figures in the cryptocurrency world have seen a massive boost to their wealth, according to a report by Coindesk. CEOs like Coinbase's Brian Armstrong and Ripple's Brad Garlinghouse experienced major financial gains after the election results.
The cryptocurrency market continues its roller-coaster ride, with AI-driven tokens emerging as a dynamic force. Among these, iDEGEN has positioned itself as a game-changer in the AI-based memecoin sector, where its innovative auction presale mechanism redefines market engagement.
The Grayscale XRP Trust has emerged as a major highlight for cryptocurrency investors as the year 2024 comes to a close. With remarkable gains in November and December, this investment product is on track to end the year with over 300% growth.
The X account of Animoca Brands executive chairman Yat Siu has been compromised while promoting a fake Solana token launch. As a result, the hackers are promoting suspicious tokens and contracts under the guise of “Animoca Brands issuing new coins”.
Currently, XRP is trading within a range, and the market is quiet due to the holiday period. There hasn't been any significant breakout in price yet. The key question now is whether XRP will experience a price surge after the holiday season ends.
XRP whale activity rises sharply, fueling speculation about a breakout or consolidation phase.
Ripple partner SBI Holdings' arm has recently seized an important deal with hacked crypto exchange DMM Bitcoin, to help its users recover funds. SBI VC Trade said that the exchange's customers will have their accounts ready by March 2025 following the transfer of custody assets.
Solana bounces back with a 3.53% surge, hitting $196 as bullish signals align.
XRP price attempted an upside break above the $2.350 resistance zone. The price is struggling and slowly moving lower toward the $2.20 support.
Riding political shifts, regulatory optimism and growing institutional interest, these three coins delivered monumental gains this past year.
Ripple's USD-backed stablecoin, Ripple USD, debuts in Singapore on regulated exchange Independent Reserve, unlocking faster, cost-efficient cross-border transactions. Ripple USD Debuts in Singapore – Independent Reserve Unlocks Seamless Liquidity Independent Reserve (IR), a licensed crypto exchange in Singapore, announced on Tuesday the launch of Ripple USD (RLUSD), Ripple's new USD-backed stablecoin, on its platform.
Optimism toward a meme coin has increased as a result of Shiba Inu's recent recovery above the 100 EMA at $0.0000230. But this rebound is still not enough to verify a legitimate trend reversal.
The planned unlock that occurs every first day of the month will add 1.74% to the current circulating supply, putting additional selling pressure on the cryptocurrency.
Bitcoin's 2024 returns were doubled by the XRP token, following a significant legal victory for Ripple Labs and expectations of the SEC potentially dropping the lawsuit.
The Solana (SOL) price is trying to continue its modest comeback on Christmas Day 2024, and was last probing for a push back above the $200 level. The post Solana Price Set to Explode Once It Breaks Above This Key Level appeared first on Cryptonews.
David Schwartz, chief technology officer at San Francisco-based enterprise blockchain company Ripple, has taken a not-so-veiled dig at the US Securities and Exchange Commission (SEC) in his social media post. "Merry Christmas to everyone who opposes regulation by enforcement," he said.
Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
Solana, dubbed the Ethereum killer, appears stuck below $200, with trading volume dropping nearly 19 percent. This critical moment has market observers questioning if the once-bullish crypto can regain momentum before further declines.
Real-world asset (RWA) tokenization could become a multi-trillion-dollar industry by 2030, according to Boston Consulting Group.
Solana price has been on the investors' radar lately amid a flurry of developments in the market. However, the crypto has recorded gloomy trading recently, as evidenced by its seven-day and one-month performances.
While top altcoins like Dogecoin (DOGE) and Ripple (XRP) are popular, the ROI is limited, making them less appealing to savvy investors. In contrast, DTX Exchange (DTX) is set for almost a 100% gain after its debut, scheduled to go live on Tier-1 exchanges in the coming weeks.
Even though the price of Bitcoin has retreated lately from its all-time high of $108K, XRP continues to deliver gains to investors. Analysts believe that the contrasting performance of these two digital assets could be an early indication that the so-called alt-season is getting started.
The native token of the Sui blockchain experienced a significant surge ahead of Christmas Eve despite the overall weakness that the crypto market has displayed as investors believe that this network could easily compete and beat Solana at its own game. On December 23, the $SUI token experienced a 9% increase that pushed to $4.
Solana (SOL), also dubbed the "Ethereum killer," appears to be nearing its limit in the ongoing bullish cycle. Within the past seven days, the sixth asset by market capitalization, worth about $95.25 billion, has struggled to stay above the $200 support level.
Q4 2024 marked the start of a new crypto bull market cycle, with most projects rallying to impressive gains. However, some cryptocurrencies outperformed others, led by strong momentum and favorable narratives, which could happen again in Q1 2025.
XRP's recent rally has come to a halt after achieving highs near $3, leaving the market wondering what happens next. Amid the current uncertainty on the crypto market, XRP appears to be consolidating, particularly in its Bitcoin trading pair.
The market is neither bullish nor bearish on Christmas, according to CoinMarketCap.
The ongoing bull cycle has seen XRP take center stage, rising above competitors like Solana and Binance coin to become the fourth-highest-ranked crypto. The 350% surge has reignited interest in the once SEC-doomed coin, with the price reaching a six-year high of $2.74 before consolidating around $2.40.
XRP price is currently the fourth largest cryptocurrency by market cap, with a valuation of $130 billion. Despite its strong position, XRP has faced a 10.4% decline over the past seven days, reflecting a period of consolidation following its historic rally in November and December.
XRP price has recorded a slight decline today, following its massive rally over the past few months. Notably, the crypto has crossed the brief $2 mark for the first time since 2018 recently, with recent market trends indicating a further rally ahead.
The XRP Ledger (XRPL) has achieved a significant milestone, surpassing 93 million ledgers successfully closed. This milestone highlights the XRP Ledger network's resilience, efficiency and expanding use over the years.
On-chain data shows an XRP whale has moved a large amount of the asset to Coinbase following a 4% Christmas rally in its price. XRP Is Up More Than 4% On Christmas Day After a period of struggle in cryptocurrencies across the board, Christmas has brought back some bullish winds as Bitcoin and company have made some recovery.
Despite Christmas Day and the festive mood it brings, the cryptocurrency market is still active and has participants on their toes as never before. This time around, it was the turn of XRP enthusiasts to pay attention, as Whale Alert reported a mysterious large-scale transfer of the tokens to leading U.S. cryptocurrency exchange Coinbase.
Ripple's stablecoin, RLUSD, has seen significant activity in the last 24 hours. According to the Ripple stablecoin tracker, an X account tracking the minting, redemption and transfer of Ripple's RLUSD, a total of 3,000,000 RLUSD were transferred from one unknown wallet to another.
Solana has staged an impressive recovery, surging over 14% from its recent local lows, showcasing resilience after a period of correction. This renewed momentum has reignited investor optimism, positioning Solana as a standout in the crypto market.
Bitcoin recently surged close to $100K, undergoing over 6% rise ahead of Christmas. This move circulated bullish waves across the markets as most of the altcoins surged back within a bullish pattern.
The cryptocurrency market is buzzing with activity as Solana (SOL) teases a potential breakout, and memecoins like Dogwifhat (WIF) aim for recovery. Amidst this excitement, a new player, DTX Exchange (DTX), is set to redefine trading by offering a unified platform for managing diverse assets. Let's explore these developing trends from a closer lens.
Bitcoin and Ethereum form bullish patterns after the short correction, while XRP remains in a favourable price trend, awaiting its next breakout.
The scheme used fake copyright infringement notices to trick users into visiting phishing websites and resetting their 2FA or passwords.
Ripple RLUSD stablecoin is now available on Independent Reserve in Singapore. Users can trade RLUSD against SGD and USD on the platform.
On Dec. 4, Bitcoin (BTC 4.63%) crossed the $100,000 price level for the first time. That highlighted a post-election rally that saw Bitcoin soar by more than 40% within a remarkably short period of time.
Cryptocurrency investors are having a great year in 2024. The total value of all coins and tokens across the industry currently stands at $3.5 trillion, more than doubling from where it ended in 2023.