Overview
- XRP rose roughly 3–4% in the past day to about $2.55–$2.60, with market cap near $152.4 billion and 24-hour volume up around 36% to $4.64 billion.
- Ripple president Monica Long said XRP remains a focus for Ripple Prime, noting RLUSD is already used as collateral in prime brokerage products.
- Treasury firm Evernorth, backed by Ripple, disclosed lifting its XRP holdings to roughly $1 billion, a signal traders read as institutional support.
- Santiment reported elevated retail FUD and small-wallet selling as whales took profits, increasing volumes and making $2.50 the key support to watch.
- Analysts highlight $2.80 as the hurdle before a potential $3.00 retest, while community calls for much higher long-term prices remain speculative.