XRP Drops by 65% as Investors Look for More Strategic Entry Opportunities

Vivopower, a company specializing in financial services, has revealed a 65% reduction on

(the digital currency at the heart of Ripple) through the conversion of mined tokens, sparking notable excitement among crypto traders. This move is being marketed as a deliberate strategy to boost XRP's usage by making it much more affordable for both investors and traders. The firm stated that the discount is attainable by implementing a systematic conversion method utilizing mined XRP tokens.

This promotion arrives amid heightened trading activity for XRP. Recent figures show XRP priced near $3.05, with an estimated market cap of $1.69 trillion and $41.19 billion traded in the past 24 hours. XRP currently holds the third spot in market capitalization, following only

and . In the last seven days, XRP has climbed 3.35%, showing growing optimism among investors, though it has dipped 1.51% over the last month.

The decision by

is consistent with broader industry patterns, as more platforms encourage engagement with certain tokens. The , originally intended to facilitate international payments, remains attractive for its minimal transaction fees and rapid processing times. Because XRP is pre-mined, its supply is capped at 100 billion coins, with most already circulating and the rest held in escrow. This system of supply management has helped keep the token relatively stable and predictable, appealing to both institutional and retail market participants.

Market experts believe the 65% price cut could bring new participants to the XRP community, especially those wary of the asset’s frequent price swings. This deal allows investors to purchase XRP at a significant discount, potentially boosting both liquidity and trading activity. Still, as with any investment in digital assets, market volatility remains a key risk.

XRP's ecosystem is further broadening, with Ripple’s platform being adopted by

to process payments across borders. Ripple’s emphasis on building relationships with banks and payment processors has made XRP a strong alternative to established transfer networks such as SWIFT. The increasing interest in XRP among both private and institutional buyers demonstrates its growing significance within the international cryptocurrency landscape.

Although these advances are promising, XRP continues to face regulatory examination in several regions, which could affect its outlook. As the digital currency sector develops, initiatives from companies like Vivopower may become pivotal in influencing XRP's future and its integration into conventional financial systems.