Overview
- Nasdaq certified Canary Capital’s spot XRP ETF, with custody by Gemini and BitGo, and DTCC shows more than ten XRP funds in active or pre‑launch status.
- XRP rebounded to roughly $2.47–$2.50, yet multiple analyses highlight failures at the 200‑day moving average and flag $2.20 as a key downside level if momentum fades.
- Market sentiment got a short‑term lift after President Trump signed a funding bill to end the U.S. government shutdown, easing macro uncertainty for risk assets.
- Stellar’s XLM is consolidating in a $0.27–$0.30 band, with futures open interest down from about $80 million to around $69 million, suggesting reduced speculative leverage.
- Analysts point to a higher‑low structure and new tokenization pilots with Turbo Energy and Taurus on Stellar, while a sustained break above roughly $0.31 is viewed as necessary for any push toward $0.35–$0.40.