Overview
- An early push to $2.91 on elevated turnover was quickly sold, with buyers defending $2.82–$2.84 and price settling near $2.85 in a narrow band.
- Exchange balances climbed, including a reported 19% increase in Binance’s XRP reserves and more than $6 billion of two‑day inflows, prompting concern over potential sell liquidity and scrutiny of reported limited corporate bids.
- Market activity cooled as spot volume hovered near $4.9 billion while futures volume fell to about $5.21 billion and open interest eased to roughly $7.42 billion, according to Coinglass.
- Ripple confirmed that longtime CTO David Schwartz will step back from daily duties at the end of 2025, take the title of CTO Emeritus, and join the company’s board.
- Traders are watching for a sustained close above $3.00 and then $3.65, with some analysts projecting scope toward roughly $4.50 if those resistance levels are cleared.