XRP News Today: XRP Defies the Trend: Negative Outlook Clashes with ETF Optimism in a Bullish Faceoff
- XRP rebounds to $2.45 amid nine-month sentiment low, signaling potential 12% gains as contrarian bullish indicator. - Crypto market capitalization surges 4% to $3.76T, driven by Pepeto's $700K giveaway and 221% staking rewards. - Pending XRP ETF applications from CoinShares/Bitwise could unlock $5-8B inflows, mirroring Ethereum's 2025 ETF-driven rally. - EverNorthXRP's $1B raise and Ripple's RLUSD growth highlight institutional confidence in XRP's DeFi and capital market integration.
Recent trading sessions have brought a significant recovery to the cryptocurrency sector, with
XRP’s recent pullback to $2.45 has caught the eye of both traders and analysts. Data from Santiment reveals that positive sentiment toward XRP is at its lowest in nine months, as reported by Benzinga. Many retail investors have been selling at a loss, creating a contrarian setup as the price moves counter to the dominant mood. XRP’s foundation is strengthened by EverNorthXRP’s $1 billion treasury fundraising, supported by SBI Holdings and Ripple, which is closely linked to institutional adoption of XRP, according to
Experts highlight that pending spot XRP ETF filings from companies such as CoinShares, Bitwise, and Grayscale could be a major driver for price recovery, as noted by Crypto.news. With a 95% likelihood of approval, these ETFs could bring in $5–8 billion in new capital, echoing the surge seen with Ethereum ETFs earlier in 2025, according to Crypto.news. On the technical side, XRP is currently testing support at $2.40 on the daily chart, with an RSI of 39.9 suggesting mild bearishness but not an oversold condition. Holding above this level could open the way to the $2.60–$2.70 range, while dropping below $2.10 might trigger further liquidations down to $1.80, Crypto.news reports.
The resurgence of XRP and Pepeto’s recent initiatives highlight a broader trend among investors favoring projects with tangible use cases and institutional support. EverNorthXRP’s $1 billion capital raise and Ripple’s RLUSD stablecoin approaching $1 billion in value both point to rising institutional trust in XRP, as reported by Crypto.news. Meanwhile, Pepeto’s lucrative staking program has made it a strong contender in a consolidating market, where liquidity is increasingly directed toward projects with active communities, Decrypt observes.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Banks Introduce Hybrid Token to Challenge Stablecoin Supremacy
- Custodia Bank and Vantage Bank Texas launched a blockchain platform enabling traditional banks to issue tokenized deposits and GENIUS Act-compliant stablecoins, bridging traditional finance and crypto. - The patent-protected system integrates Custodia’s blockchain and Infinant’s Interlace network, allowing seamless conversions between tokenized deposits and stablecoins while maintaining FDIC insurance and regulatory compliance. - With the stablecoin market projected to grow to $2 trillion by 2028, the pl
Blockchain Infrastructure Battles Influence the Future of Meme Coins as MoonBull Gains Momentum and Shiba Inu Reduces Token Supply
- MoonBull ($MOBU) raised $450,000 in Stage 5 presale with deflationary mechanics and community governance, mirroring Shiba Inu's (SHIB) burn rate surge. - SHIB's 836,955% 24-hour burn rate spike highlights community-driven supply reduction, burning 229 million tokens weekly to reduce its 589 trillion-token supply. - Blockchain infrastructure shifts favor Solana's speed over Ethereum, while 2024's $140B meme coin fundraising outpaces U.S. IPOs, signaling sector disruption. - Meme coins evolve with structur
Bitcoin News Update: Institutional Interest Fuels $90M Bitcoin ETF Inflow, Sends Price to Weekly Peak
- U.S. Bitcoin ETFs saw $90.6M net inflows on Oct 24, ending outflows with Fidelity's FBTC ($57.9M) and BlackRock's IBIT ($32.7M) leading. - Ethereum ETFs added $141.7M on Oct 22, driven by FETH ($59.1M) and ETHA ($42.5M) as regulatory clarity boosts institutional demand. - SEC reviews 155 crypto ETF filings while BlackRock's IBIT ($65.3B historical inflows) drives Bitcoin price to $114,000, a 7-day high. - ETF assets now represent 6.78% of Bitcoin's market cap ($149.96B), reflecting maturing institutional
YFI Drops 2.52% Over 7 Days as Market Fluctuates
- YFI fell 0.23% in 24 hours, with a 2.52% 7-day decline, indicating a prolonged bearish phase driven by market dynamics and investor sentiment. - Analysts predict the downward trend may persist amid macroeconomic uncertainties and lack of positive catalysts, worsening selling pressure and confidence. - Technical indicators like RSI and MACD reinforce the bearish outlook, though oversold levels may not signal a reversal in volatile assets. - A backtest is being conducted to evaluate historical recovery pat
Trending news
MoreCrypto prices
More
