XRP is slowly entering one of the most important structural phases in its history. Price action has been mostly bearish and sentiment across the broader crypto market has been cautious, but on-chain data tells a very different story. Data from Glassnode shows XRP balances on centralized exchanges falling to around 1.5 billion XRP, their lowest in over a year. This trend is unfolding alongside accumulation from newly launched XRP ETFs, creating conditions that could change the altcoin’s price dynamics heading into 2026. Related Reading XRP Exchange Balances Fall To Multi-Year…
Tag: XRP
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What Does XRP Really Do? Expert Explains What It Is Built For
Crypto analyst and XRP advocate Levi Rietveld recently shared a short post on X stating that “$XRP is built for this,” alongside a video clip of US Treasury Secretary Scott Bessent speaking about reviewing regulatory barriers around blockchain, stablecoins, and new payment systems like the crypto industry. Bessent’s comments focused on reforming financial infrastructure so capital markets can function more efficiently for mainstream users. In turn, Rietveld viewed those comments as closely matching the original purpose XRP was created to serve. Related Reading What XRP Was Designed To Do In…
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XRP Open Interest Crashes To Levels Not Seen Since 2024, Can It Also Rally 600%?
XRP’s open interest has reportedly crashed to lows not seen since last year, when the altcoin surged by around 600%. On-chain analytics platform CryptoQuant noted that this development could be bullish for XRP as it looks to rebound to new highs. XRP’s Open Interest Drops To Lowest Level Since 2024 In a blog post, CryptoQuant analyst Arab Chain revealed that XRP’s open interest on Binance has fallen to its lowest level since 2024. The analyst noted that analysis of XRP Ledger data on the crypto exchange shows a clear rebalancing…
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XRP May Trade Sideways In 2026 Until More Catalysts Emerge: Analysts
Crypto analysts are anticipating XRP’s price to trade sideways heading into the new year, at least until more bullish catalysts emerge. “We maintain a view that the latter half of 2026 will provide more constructive conditions for risk assets in general, but in the short term, we have a slightly bearish tilt on altcoins until BTC consolidates or forms a bottom,” Nansen senior research analyst Jake Kennis told Cointelegraph. Kennis is holding off on specific price predictions for 2026 amid market uncertainty but pointed to several catalysts that could drive…
XRP Triangle Hints At Potential 10% Move—But In Which Direction?
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…