↝ XRP Holds Steady Amid Market Volatility

Insights from whale behavior reveal a large sell-off of 370 million coins, causing some investors to question the reason behind the dip in XRP's price. Amidst the crypto market slump instigated by the Bybit hack, XRP showed strength compared to Bitcoin, as many investors are pondering the coin's potential as a millionaire-making cryptocurrency.

Chatter surrounding the XRP Ledger's DeFi roadmap has grown, which puts it in line with the uptick within the institutional DeFi development space. A significant blow has been negative sentiments developed due to looming U.S tariffs on Mexico and Canada.

In light of significant price falls, seasoned investors are reassessing their holdings, with many retaining their stakes banking on long-term gains attributed to positive factors like ETF inflows and increased usage by financial institutions.

XRP whaled are suspected of stimulating a rally by pouring in $730M, and this newfound support could be critical against major sell-offs. The coin has managed to maintain critical support levels due to developments such as the approval of Spot ETF in Brazil and the growing success of several altcoins.

XRP Coin News Analytics from Sun, 02 Feb 2025 08:00:00 GMT to Wed, 26 Feb 2025 22:36:40 GMT - Rating 0 - Innovation 8 - Information 5 - Rumor -3