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Showing posts with the label Altcoin,Crypto News,Ripple

XRP Price Prediction: Will Ripple Rally During the Christmas Market?

As Christmas gets closer, the crypto market remains quiet. Holiday trading usually brings lower volume, and this year is no different. That slowdown has kept pressure on most major assets, including Ripple’s XRP. So far, XRP hasn’t shown signs of a holiday bounce. Traders remain cautious, and sentiment looks fragile. As of Dec. 23, XRP was down nearly 3% over the past 24 hours. Buyers haven’t stepped in with confidence. Instead of a rebound, the price has stayed stuck in a tight range, showing hesitation rather than strength. XRP Trades Sideways as Volumes Thin At the time of writing, XRP was trading near $1.88, down about 2.7% on the day. The price did bounce from the $1.77–$1.80 support zone, but that move didn’t gain traction. Each attempt to move higher has met selling pressure. Trading activity remains light, which is typical during the holidays. With fewer participants in the market, XRP continues to drift sideways. Neither buyers nor sellers have taken control. Technical Levels...

XRP ETFs Achieve Rapid Growth, Near $1 Billion in Assets

Spot XRP exchange-traded funds (ETFs) have quickly surged toward $1 billion in assets under management, marking a significant milestone less than a month after their launch. These funds, which debuted on November 14, have maintained consistent inflows, with no recorded outflows to date. According to data from SoSoValue, the total inflows into the XRP funds have now reached $881.25 million, with $12.84 million added just yesterday. The daily trading volume has remained steady at $26.74 million, a sign of sustained investor interest. In just under 30 days, XRP ETFs have emerged as one of the fastest-growing cryptocurrency investment products in the United States. The product's rapid growth has been driven by solid demand, with some analysts predicting even more inflows as market confidence continues to grow. To put it in perspective, spot Solana ETFs, which launched earlier, have accumulated over $600 million in assets since their inception. However, Bitcoin and Ethereum ETFs have ...

David Schwartz Reveals Ripple’s XRPL Hub, Sharing Key Data and Operational Insights

Ripple’s CTO, David Schwartz, has opened the doors to his long-running XRPL Hub, making critical network information publicly available. The move reveals real-time performance metrics such as uptime, peer data, and traffic charts, which were once kept within Ripple’s internal infrastructure. This decision transforms the previously private setup into a public reference point for XRPL operators. Schwartz shared impressive stats about his XRPL Hub, including that the system has been running on version 2.6.2 for over a month without encountering any issues. The disclosure provides the hostname and port for those interested in connecting, alongside charts that display peer counts, latency, traffic load, and disconnection rates. These metrics offer a comprehensive view of the hub’s performance, helping others gauge their own XRPL setups. My hub has been running 2.6.2 for more than a week now and there have been no issues. If you run an XRPL node, feel free to connect: Hostname: hub . distrib...

XRP Price Targets $2.50 Following Renewed Attention From U.S. Senate

XRP remains one of the leading digital assets, known for enabling speedy, low-cost cross-border payments and widely utilized within the Ripple ecosystem to facilitate global transactions efficiently. At press time, the coin is trading at $2.30, marking a 1.24% decline over the past 24 hours. Regulatory Signals Capture Market Attention for XRP The new focus on XRP arose this week after there was news that the most recent debate in U.S. Senate could introduce more transparent regulations on digital assets. The issue has continued to gain momentum since a post made by an XRP community figure, JackTheRippler, called XRP Poised to Benefit This Latest U.S. Senate Action, solidified the emerging idea that legislative bodies might subsequently present legislation that would allow compliant blockchain payment systems and networks of utility to thrive. The growing topicality of Decentralized Physical Infrastructure Networks (DePIN) was also a focus of community-driven commentary based on the re...