XRP News Today: XRP as a Gateway to Trillion-Dollar Transactions: Will It Surpass BTC and ETH?
- XRP's rally depends on breaking $2.40–$2.45 resistance against BTC/ETH to outperform major cryptocurrencies. - Institutional integrations and post-SEC clarity boost XRP's utility in cross-border payments and custody solutions. - Rising realized gains and profit-taking pressure challenge near-term optimism despite 30% YoY ledger volume growth. - ETF approval could inject $1B liquidity, but sustained momentum requires overcoming historical resistance clusters.
XRP’s ability to sustain an upward trend depends on whether it can outperform
From a technical perspective,
Ripple’s recent institutional partnerships are also playing a crucial role. The company’s acquisitions of GTreasury, Rail Payments, Palisade, and Metaco have integrated XRP into treasury operations, international settlements, and custody services, boosting its relevance for banks and financial firms, as highlighted in a
Despite these positive developments, market sentiment is divided. Many long-term holders are locking in profits, with Glassnode data revealing a 240% surge in realized gains since September, which has contributed to XRP’s decline from $3.09 to $2.30, as reported by
XRP’s relative strength against BTC and ETH is especially significant. Closing above $2.52—the token’s recent high—would indicate renewed buying interest and could push prices toward $2.64 and higher, according to a
Looking further ahead, forecasts remain hopeful but measured. Some analysts expect XRP could reach $10 by 2029, fueled by institutional adoption and favorable regulation, as suggested by a
In conclusion, XRP’s future depends on a careful blend of technical progress and institutional uptake. A decisive move above major resistance points against BTC and ETH could spark a new rally, but investors should remain alert to distribution trends and regulatory risks. As Ripple broadens its financial network, the next few weeks will reveal whether XRP can establish itself as a key player in global value transfers or face renewed selling pressure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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