Crypto

XRP selloff shows signs of calming, may trade between $1.05 and $1.25

XRP may be forming a short-term base in the $1.05 to $1.10 range after a steep decline this year. It fell below about $1.30, a level that had acted as support for months, before heavy selling eased and the token moved sideways above recent lows. Technical indicators suggest the strongest selling pressure has passed, though XRP remains below key moving averages. A $1.05 to $1.25 range is seen as the most likely near-term scenario.

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.