A recent surge in XRP Ledger (XRPL) payment counts has caught the attention of the broader crypto market, raising questions about what could be driving this massive rally. The latest milestone comes after XRP saw renewed whale accumulation even as prices continued to trend downward amid rising volatility. XRP Ledger Records Mysterious Surge In Payment Count Data from XRP’s leading blockchain explorer, XRPScan, shows that on May 19, the number of XRP payments from one account to another was sitting around just 766,051. However, over the next few days, the payment count rose sharply, surpassing 1.22 million on May 22, representing a more than 300,000 increase in users. Related Reading: Market Expert Updates XRP Roadmap To $300 With New Data Before this surge, the payment count from one account to another consistently ranged between 700,000 and 800,000, making the latest rally a bit unnatural. Interestingly, XRP Ledger payment volume during the same period saw only a modest change. On M
XRP could climb as high as $20 if a breakout pattern from 2018 repeats itself, according to pseudonymous Korean financial analyst Ninedex. That scenario, while not his main call, hinges on the token breaking out of the upper edge of a channel structure that has shaped its price movement for over a decade. Related Reading: History Shows Bitcoin ETF Outflows Favor Accumulation, Says Santiment The Long Road From $1.34 XRP is currently trading around $1.34, down nearly 13% from its May 14 high of $1.54. Despite the pullback, Ninedex argues the token is still holding a key support zone within what he describes as a multi-year ascending channel — one that has guided XRP since it began trading in 2013. Based on his analysis, that support sits just above the lower boundary of the channel’s middle layer and aligns with the Fibonacci 0.382 level, which corresponds to the $1.40 price area. The zone was built over an extended period between 2022 and 2024, which is why he considers it one of the st
MoonPay ChatGPT app is now the first crypto onramp inside OpenAI’s platform, supporting Bitcoin, XRP and Solana. MoonPay launched a dedicated app inside ChatGPT’s App Store on May 22, allowing users to generate cryptocurrency purchase links without leaving OpenAI’s chatbot.…
Regulatory progress and XRP growth fuel interest in cloud mining platforms like SHRMiner among crypto investors. According to CNBC, following months of negotiations regarding stablecoin yield rules and decentralized finance (DeFi) regulation, the Digital Asset Market Transparency Act was passed…
XRP is struggling below $1.40 as selling pressure keeps the price pinned in a range that has resisted every recovery attempt in recent sessions. The market is cautious and the direction is unclear — but an Arab Chain analysis tracking Binance liquidity conditions has identified a structural development that changes how the current weakness should […]
Wietse Wind warns of a surge in phishing scams targeting XRP and Xaman‑wallet users. Scammers are pushing fake “Xaman desktop wallet” apps and non‑existent airdrops. Over 20 fake social accounts and 10+ spoof domains are appearing daily to impersonate Xaman. A sophisticated phishing campaign is rapidly draining digital assets from unsuspecting global investors. XRPL developer […]
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Crypto pundit BankXRP has highlighted that Ripple’s recent investment is strategic and boosts XRP’s utility as a cross-border payment asset. This comes as Ripple continues to expand its operations, with moves to further integrate XRP in its operations. How Ripple’s Move Is Strategic For XRP In an X post, BankXRP noted that Ripple’s backing of […]
Nvidia compensation concerns shake crypto markets as platforms like XRPPower highlight AI-driven risk management tools. Recently, news of Nvidia potentially facing a $100 billion compensation crisis has caused significant volatility in global financial and cryptocurrency markets. As one of the…
