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Crypto

XRP 27-dollar scenario hinges on clearing $1.66 then reclaiming $2

XRP has entered a zone where major technical signals overlap, raising the possibility of a move toward the $27 range over the medium to long term, an analysis showed. The scenario requires XRP to break above $1.66, the upper boundary of a falling wedge, and then reclaim $2. Analysts also cited Fibonacci-based targets of $8.48, $13.70, $18.06 and $27.68, while warning a failed breakout could reopen downside levels at $1.21, $0.90 and $0.60.

Crypto

XRP, once criticised as \'finance coin\', sees institution-focused strategy reappraised

Ripple CEO Brad Garlinghouse agreed publicly that XRP was once criticised as a coin for the financial sector but that the wider crypto industry is now pursuing the same approach. Comments by Flare co-founder Hugo Philion argued that Ripple’s focus on banks and payment providers was initially mocked but has since been adopted across blockchain projects. XRP supporters and lawyer Bill Morgan also weighed in, highlighting repeated criticism of Ripple’s XRP holdings and sales.

Crypto

When will Ripple\'s XRP escrow run out? Former CTO answers

Ripple\'s XRP escrow could be depleted between 2035 and 2036 if its current operating pattern continues, a former executive said. XRPScan data show Ripple holds about 32.9 billion XRP in escrow, with 1 billion released monthly. Ripple has typically re-escrowed 700 million to 800 million XRP and used 200 million to 300 million. Former CTO David Schwartz said the timing is hard to pin down because it depends on assumptions and could change with business needs and market conditions.