Overview
- XRP trades in a tight range near $2.87, with resistance at $2.90–$2.95 and support at $2.80–$2.85 as RSI and MACD lean bullish for a potential push toward $3.00.
- Chainalysis expanded analytics for the XRP Ledger, adding automatic recognition for 260,000+ tokens and enabling KYT alerts, entity screening, and Reactor investigations.
- XRPL’s on‑chain credentials amendment activated on September 4, introducing native KYC/AML tooling that lowers onboarding friction for institutions.
- Speculation around U.S. spot‑XRP ETFs intensifies ahead of October review windows, with ETF commentators forecasting strong demand if approvals materialize.
- Analysts flag a one‑year high in XRP exchange reserves as a near‑term risk for selling pressure, while sponsored promotions for a rival payments token draw investor attention.