XRP Pushes Past $2.60, Retail Sell-Offs Ease, Utility Outlook Brightens

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Ripple News: XRP Pushes Past $2.60, Retail Sell-Offs Ease, Utility Outlook Brightens

XRP has become one of the most talked-about assets this weekend as a series of analyst posts, whale activity, and corporate updates reignited attention around Ripple’s native token.

The asset climbed over 4% in the past 24 hours, reaching around $2.60, following fresh statements from Ripple executives and growing debate among traders on social media.

Recent data from Santiment highlighted a spike in retail fear, uncertainty, and doubt (FUD), particularly from smaller wallets. Historically, these retail sell-offs have often preceded bullish reversals. According to the firm’s on-chain indicators, crowd predictions expecting XRP below $2 tend to coincide with accumulation signals, while calls above $3 typically reflect overconfidence and serve as warning signs.

Ripple Eyes XRP Integration Into Its Brokerage Platform

The renewed interest comes as Ripple explores new ways to integrate XRP into its recently acquired multi-asset brokerage, Ripple Prime. Company president Monica Long confirmed that XRP remains a focus, with its RLUSD stablecoin already used as collateral for several brokerage products. She described the firm’s roadmap as “mighty bright,” signaling long-term confidence in XRP’s ecosystem role.

Ripple CEO Brad Garlinghouse echoed that sentiment, emphasizing that XRP continues to sit at the center of the company’s infrastructure as it builds out solutions for what he described as the “Internet of Value.” These remarks followed Ripple’s $1.25 billion purchase of prime broker Hidden Road, which was rebranded as Ripple Prime earlier this year.

Traders Split Between Optimism and Skepticism

The social media buzz surrounding XRP intensified after investor James Wynn announced that he had allocated more than $25,000 into the token, citing its potential to reshape global banking systems. Wynn’s post quickly went viral, adding to the conversation about whether XRP could become a bridge asset for institutional finance.

Meanwhile, popular analyst EGRAG Crypto urged traders to focus on the long-term technical picture, pointing to the 100-day exponential moving average on the monthly chart. According to his analysis, the $0.85 level marks a structural low for future cycles, suggesting that the current rally could represent an early phase of broader market expansion.

Market Reactions and Industry Commentary

Not all feedback has been positive. Some crypto analysts have questioned the exact scope of XRP’s role within Ripple Prime, with critics arguing that the company’s focus remains on its RLUSD stablecoin rather than on direct XRP utilization. Legal analyst Bill Morgan, however, dismissed the skepticism, arguing that XRP’s full utility within Ripple’s new financial framework would “become evident in time.”

Adding to the bullish sentiment, treasury firm Evernorth — which Ripple has backed — recently disclosed an increase in its XRP holdings to the $1 billion mark. Market participants view this as a vote of confidence from institutional players amid heightened retail speculation.

Outlook

While XRP continues to oscillate between $2 and $3, analysts believe the asset’s next breakout will depend on how quickly Ripple can convert its strategic acquisitions into tangible utility for XRP holders. If on-chain trends mirror previous cycles, rising FUD and small wallet exits could once again mark a turning point for the token’s next major rally.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

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Author

Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.

Source: https://coindoo.com/ripple-news-xrp-pushes-past-2-60-retail-sell-offs-ease-utility-outlook-brightens/