XRP PriceXRP

Catch up on recent milestones. And look ahead 🛣️ - XRP Ledger integration this summer - Stellar & Solana soon to follow - Deutsche Bank DAMA 2 components coming online - Global liquidity layer w/ @suinetwork

The XRP ecosystem is heating up — and not just in price action… 📊 According to CryptoQuant, over 9,000 new XRP wallets were created on June 11 and 12 alone — the largest 48-hour increase in more than a week! 🔹 June 11: ~4,500 new wallets 🔹 June 12: ~4,200 more ➡️ That’s a sharp rise from the previous daily average of just 3,200–3,500 addresses. 📌 Why Does It Matter? New wallet creation = new users, apps, and interest. This surge could signal: ✔️ Growing long-term adoption ✔️ Upcoming market volatility ✔️ Increased network participation What’s most interesting? 👉 The price of XRP has been flat or slightly down during this spike, currently trading at $2.13 (-2.52%). 📈 Trading volume is up 66.3% to $4.53 billion 📉 Price is holding steady 📊 Volume-to-market cap ratio at 3.6%, showing active liquidity This divergence could be smart money positioning ahead of a larger move. ⚠️ 💡 XRP Use Case Still Strong: From instant settlements to cross-border payments, XRP’s real-world utility continues to draw users. The wallet growth confirms rising engagement beyond short-term speculation. 💬 Are these new wallets a signal of what's coming next for XRP? Or just noise? Is $3 still on the table? 👇 Share your thoughts and tag the XRP Army!

Xrp to moooon

$BTC $ETH $XRP $FLOKI Here's today's crypto market update — 🪙 Bitcoin (BTC) Price: Around $105,000 Trend: Stable but slightly volatile. Support: Holding firm above $104K. Sentiment: Mixed — ETF inflows are positive, but global tensions are weighing on investor confidence. 🧠 Ethereum (ETH) Price: Around $2,530–$2,550 Trend: Mild upward movement. Note: Spot ETFs saw a small outflow today, breaking a long streak of inflows — a sign of temporary cooling. 📈 Altcoin Buzz Top Gainer: Aerodrome Finance (AERO) – up over 20%. XRP: Gaining traction as analysts predict potential long-term surge. Floki: Back in the spotlight due to its DeFi developments. 🧭 Market Sentiment Overall cautious due to: Ongoing geopolitical tensions Mixed ETF flows High liquidations (over $1 billion in the last 24h) 🔮 What to Watch Bitcoin’s hold at $105K is key. Ethereum ETF flows: Will they resume inflows? Altcoin breakout signals — look for volume + momentum before entries.

In the fast-paced world of cryptocurrency, where innovation meets speculation, discerning genuine opportunities from potential pitfalls is crucial. A recent alert from a reputable source like VanEck carries significant weight, especially when it concerns announcements that could mislead investors. VanEck’s Head of Digital Assets, Matthew Sigel, has issued a pointed VanEck crypto warning regarding certain corporate pronouncements in the digital asset space, specifically targeting small-cap firms making grand claims about XRP treasury plans and Solana treasury plans. VanEck is a well-established investment management firm with a growing focus on digital assets. When a figure like Matthew Sigel, who leads their digital asset strategy, speaks, the market listens. His recent comments highlight a critical concern: the potential for low-market-capitalization companies to exploit the hype around cryptocurrencies like XRP and Solana for less-than-legitimate purposes. The core of the VanEck crypto warning is skepticism towards announcements from companies, particularly those listed on exchanges like Nasdaq but possessing market caps under $100 million. These firms are reportedly announcing intentions to raise substantial amounts – potentially hundreds of millions of dollars – specifically for purchasing digital assets like XRP and SOL to hold in their corporate treasuries. Sigel’s concern, as reported by The Block, stems from the sheer scale of the proposed crypto acquisitions relative to the size and financial capacity of these micro cap crypto companies. Raising hundreds of millions typically requires significant institutional backing, proven track records, or substantial existing assets. Without these elements, such ambitious funding goals for speculative asset purchases appear questionable. Let’s break down why these specific announcements raise red flags, according to the VanEck crypto warning: Matthew Sigel explicitly labels these types of announcements as potentially being crypto pump and dump schemes. But how would that work in this context? A classic crypto pump and dump involves inflating the price of an asset through misleading positive statements or hype, then selling off holdings once the price rises, leaving others with devalued assets. In this corporate version: This scheme leverages corporate announcements to manipulate market perception, distinct from a typical project-based crypto pump and dump but with a similar harmful outcome for unsuspecting investors. Sigel specifically mentioned companies like Trident Digital and Classover Holdings as examples exhibiting these concerning patterns. While specific details of their announcements would need independent verification, the pattern described fits: These examples serve as cautionary tales, illustrating the types of announcements that prompted the VanEck crypto warning. Investors should look beyond the headline and scrutinize the details, especially the financial viability of the announced plans for companies of this size. For both stock market investors considering these micro-cap companies and crypto investors trading XRP or SOL, these announcements present significant risks: The VanEck crypto warning serves as a timely reminder that not all corporate crypto adoption announcements are created equal. Given the potential for crypto pump and dump schemes dressed up as corporate strategy, how can investors protect themselves? Here are some actionable insights: Treat announcements from micro cap crypto firms claiming massive treasury plans with extreme caution. Due diligence is paramount. Matthew Sigel’s VanEck crypto warning about potentially fraudulent XRP treasury plans and Solana treasury plans from micro cap crypto companies is a crucial alert for the market. While corporate adoption of crypto is a significant trend, not all announcements are genuine or well-founded. The pattern of small companies claiming they will raise vast sums for crypto purchases, without credible backing, strongly suggests the possibility of a crypto pump and dump scheme designed to manipulate stock or crypto prices. Investors must remain vigilant, look beyond sensational headlines, and conduct thorough research into the companies and the feasibility of their announced plans. The promise of large institutional buys can create powerful hype, but as VanEck suggests, sometimes that hype is just a cover for something far less legitimate. Stay informed, question ambitious claims from small players, and prioritize sound investment principles over speculative excitement. To learn more about the latest crypto market trends and corporate crypto adoption, explore our articles on key developments shaping the digital asset space. Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.