XRP currently trades at $2.43 to $2.46 over the last sixty minutes, down 6.4% over the past day, with a market capitalization of $142 billion, a global trade volume of $7.93 billion, and a 24-hour intraday range of $2.44 to $2.70, reflecting persistent bearish pressure in the market.
Solana (SOL), one of the leading cryptocurrencies in the market, is currently at a decisive crossroads. After reaching a peak of $220, the price began to decline, breaking through support levels at $215 and $212.
As XRP consolidates below the $3 mark, a cryptocurrency analyst has noted that the asset's technical structure hints at a possible rally toward the $8 level.
XRP bulls anticipate rapid price highs during the next cycle peak leading to increased bull activities. After the market dip, some traders flagged the possibility of a price jump to a new all-time high.
Solana (SOL) and XRP took nearly double-digit decline in their prices on the weekly timeframe, as U.S. President Donald Trump made key tariff announcements. Bitcoin's decline drags down most altcoins, as crypto traders digest developments in artificial intelligence and the ETF hype for Solana and XRP.
Dave Portnoy, the founder of Barstool Sports and a well-known figure in the trading and gambling world, has made another bold move in the crypto market.
While the top ten cryptocurrencies seem stuck trading sideways, the meme coin world continues to make double digits moves.
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 market remains mainly bearish today, according to CoinMarketCap.
A Solana investor who turned millions during the blockchain's meteoric rise has pinpointed Mutuum finance (MUTM) as the next explosive opportunity in the crypto market.
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 cryptocurrency market is a whirlwind of action. Once the golden child of altcoins, Solana is now battling a pullback after an explosive rally.
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.
Over 95% of RLUSD stablecoin transactions have occurred on XRP Ledger.
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.
Ongoing bullish activities in SOL trading could influence a price rally.
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.
Solana has rebounded to $204.56 with a 4.25% daily gain despite reduced trading volume, as the market recovers from a recent correction triggered by geopolitical events, with technical analysis suggesting potential for further upside movement pending breakthrough of key resistance levels.
The XRP Ledger experienced an hour-long network halt on February 5, 2025, due to consensus validation issues
Enron, a newly launched project claiming to inherit the old corporation's energy business, launched a highly volatile ENRON token, where 92% of the supply is held by insiders
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.
Solana's price has struggled to break the $270 resistance for the past three months, pushing the cryptocurrency into a vulnerable position.
“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.
The start of the day was pretty consolidated for the crypto markets, with the trading volume slashing heavily by close to 30%. Both bulls and bears remain resilient, which may drop the volatility, leading to a range-bound consolidation for a while.
There is still a headwind in the broader digital currency ecosystem, reflected in the key metrics of protocols like Solana (SOL). At the time of writing, Solana's price was changing hands for $205.3, up marginally by 0.44% in the past 24 hours.
Solana price remains above the $200 mark despite recent market corrections. The cryptocurrency briefly dropped to $173 before recovering, reflecting heightened market activity.
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.