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Future of XRP: Analyst Says Factors Now Aligning for the XRP $80 Target

Mark Brennan
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Future of XRP: Analyst Says Factors Now Aligning for the XRP $80 Target

Market factors are now aligning in support of the XRP to $80 target, according to a well-known market analyst.

XRP has remained under pressure in recent months. The token now trades at $1.42 in February 2026, marking a steep 61% drop from its July 2025 all-time high of $3.66. The slide began in October 2025, and over the past five months, XRP has fallen 50%, extending the steady downtrend.

Despite the pullback, market analyst Casi recently pointed back to an analysis she first shared nearly two years ago, where she mentioned the possibility of XRP reaching $80. According to her latest comments, several factors now appear to be lining up again, suggesting the structure remains.

Key Points

  • XRP now changes hands at $1.42, down 61% from its July 2025 all-time high of $3.66, having fallen 50% over the past five months since the downturn began in October 2025.
  • Despite the declining prices, a market analyst, Casi, says factors are lining up to take XRP toward her potential $80 peak.
  • Casi first discussed this level in May 2024, projecting extension targets between $8 and $13 and a possible run to $80, while XRP traded for $0.54 at the time.
  • The analyst based her conviction on XRP breaking out of a triangle formation that had capped its upward momentum for 8 years.
  • By December 2024, XRP had surged from $0.53 to $2.7, confirming her breakout suggestion.

XRP 6-Year Triangle 

Casi’s latest commentary on XRP’s price position comes amid the ongoing downturn. Notably, she first highlighted the $80 target in May 2024, when XRP traded at $0.53.

During this period, Casi discussed what could happen to XRP after six years of consolidation from 2018 to 2024. She focused on a large triangle pattern that formed following the drop from the January 2018 peak of $3.31 and explored what might follow once the price broke out of that structure. 

At the time, she explained that XRP had limited historical data but typically moved within triangle formations before making strong upward moves. She called attention to a pattern where XRP tends to post an initial breakout wave that hits a peak target, then enters a corrective phase labeled ABCDE. 

Targets After Triangle Breakout

Based on the structure, Casi suggested that XRP could see a major breakout followed by another period of triangle consolidation. The analyst clarified that the actual height of the breakout wave remained uncertain because XRP was forming a new trend. She admitted that her extension levels were projections, not guarantees.

XRP 1M Chart Casi Trades
XRP 1M Chart | Casi Trades

Casi identified extension targets between $8 and $13. Specifically, she measured from the triangle’s apex at $0.54 to a projected breakout high of $13. This calculation highlighted key levels, including $8.20, which she had already marked on her chart. 

The analyst also noted that everything depended on where the breakout ultimately topped out. She said the high could land at $8, $13, or even $80, and traders would need to adjust expectations based on the outcome.

She also discussed the depth of the next correction. According to her, the A wave would likely determine how deep the pullback would go. A shallow correction around the 0.382 Fibonacci level near $8 remained possible, rather than a deeper ABC move that could expand into a full ABCDE pattern. Notwithstanding, she expected XRP would likely form another triangle before continuing higher.

XRP Breaches Triangle in Rally Above $2

By December 2024, XRP had climbed from $0.53 to $2.7, breaching the six-year symmetrical triangle. This massive move gave weight to her earlier breakout scenario. At that point, she discussed what might happen once XRP moved past its previous all-time high.

Casi explained that once XRP breaks its record high, it enters completely new territory. Without past price levels to act as resistance, analysts must rely only on projections. She repeated that $8, $13, and even $80 remained possible extension targets. 

Factors Aligning Despite Downtrend

Now, XRP trades at $1.42 after falling 61% from its $3.66 high in July 2025 and losing 50% since the October 2025 downturn began. Despite the weakness, Casi has revisited her earlier projection. 

She reminded her audience that she mentioned the $80 target back in May 2024 and said new factors are starting to align. However, she failed to specifically highlight these factors. Casi specifically highlighted the possibility of the next Wave 3 forming, a phase that often represents the strongest move in Elliott Wave structures.

Shiba Inu Warns of Fake SOU NFT Airdrop Scams Targeting Shibarium Victims

Lele Jima
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0
Shiba Inu Warns of Fake SOU NFT Airdrop Scams Targeting Shibarium Victims

Susbarium, the scam alert channel for the Shiba Inu community, has issued a warning over rising scam attempts targeting the SOU NFT initiative. 

Last week, the Shiba Inu team launched the Shib Owes You (SOU) NFT as part of efforts to compensate victims of the Shibarium exploit, which drained over $4 million worth of digital assets in September 2025. 

Although the SOU initiative drew widespread praise, scammers quickly created fake mechanisms to exploit unsuspecting users. In response, Susbarium alerted the community and outlined safety measures. 

Key Points 

  • The Shiba Inu team has introduced the Shib Owes You (SOU) NFT to compensate victims of the Shibarium exploit.
  • Scammers are exploiting the launch by promoting fake SOU airdrop claims to deceive users.
  • The SOU NFT will not be airdropped; eligible users must claim it exclusively through the official portal.
  • The NFT represents the compensation owed and can be merged or traded on supported marketplaces.

Susbarium Warns Shibarium Hack Victims  

Following the launch of SOU, fraudsters set up malicious websites that mimic the official Shiba Inu portal and falsely promise SOU NFT airdrops. They promote these fake links to trick users into connecting their wallets. 

However, Susbarium stressed that the SOU NFT will never be sent directly to users’ wallets. Eligible participants must claim it exclusively through the official website, Shib.io.

The team also warned that scammers often circulate shortened or cloned links leading to counterfeit sites designed to steal wallet credentials and other sensitive information. 

How to Avoid Falling Victim 

To stay safe, Susbarium urged users to manually enter Shib.io into their browser, confirm the correct domain, and avoid clicking shared links. It also emphasized that users must never reveal private keys or seed phrases, as doing so would give scammers full access to their funds.

Meanwhile, claiming the NFT remains straightforward. After visiting the official portal, users can select “Claim SOU NFT” and connect the wallet affected by the September 2025 Shibarium incident. 

The portal will then display the eligible amount, allowing users to complete the NFT claim, which serves as on-chain proof of compensation owed. Users will be able to sell or merge their NFTs on supported marketplaces.

Additionally, the Shiba Inu team plans to compensate victims gradually. In a blog post, the team stated it will prioritize making victims whole while avoiding unnecessary expenses. It intends to fund repayments through project revenues, licensing fees, and ecosystem reserves. 

Solana Forecast for Feb 23: Where Next as Parabolic SAR Resistance Caps Bullish Moves?

Mark Brennan
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Solana Forecast for Feb 23: Where Next as Parabolic SAR Resistance Caps Bullish Moves?

Solana exhibits strong bearish momentum on the daily chart with Parabolic SAR firmly capping rallies overhead and Awesome Oscillator deep negative. Where next?

Solana (SOL) is trading at $79.14, posting a sharp 7.1% decline over the past 24 hours within a range of $77.32 to $85.45. The live chart displays a pronounced downward slope throughout the session, with a steep vertical drop in recent hours followed by only a minor 1-hour recovery (+1.5%). Broader performance remains deeply negative: SOL is down 6.9% over the past week, 37.9% in the last 30 days, and a substantial 53.7% over the past year.

Meanwhile, treasury holdings stand at 18.3 million SOL, reflecting ongoing protocol and ecosystem accumulation that could provide some underlying support. Trading volume remains robust at over $3.6 billion in 24 hours, signaling active participation even amid the downturn. Traders are closely monitoring whether this dip attracts dip-buyers near current levels or risks further extension toward fresh multi-month lows.

Solana Price Prediction

On the daily chart, Solana’s Parabolic SAR sits at $91.199, well above the current price near $79.19. The SAR dot remains above the candles, delivering a clear and ongoing bearish signal.

This dynamic resistance could cap every recovery attempt during the ongoing decline, confirming that sellers are still in full control and that any rallies will likely face strong selling pressure until a decisive daily close above $91.19 flips the SAR bullish.

Solana Prediction
Solana Prediction

The Awesome Oscillator reinforces the bearish outlook, sitting at -15.498 in negative territory. The histogram shows an extended stretch of red bars reflecting strong downside momentum, though the most recent bars have turned green, indicating that the speed of the decline is now slowing.

While this creates a hint of positive momentum divergence and the possibility of a short-term relief bounce, the AO remains decisively negative. Together, both indicators maintain a clear bearish bias for Solana until the SAR flips and the AO crosses back above the zero line.

Solana Futures Flows

Solana futures flow data reveal short-term bullish pressure, contrasting with longer-term bearish sentiment amid the token’s recent decline. In the immediate 1-hour window, net inflows reached $11.18M (inflows $127.47M vs. outflows $116.30M), pushing a net change of -19.57% and a modest 0.025% net inflow relative to market cap. 

Solana Futures Flows
Solana Futures Flows

The 4-hour period strengthened this trend with $20.22M net inflows (+117.31% change), while 8-hour flows remained marginally positive at $568K. However, the picture shifts decisively over extended periods: 12-hour flows turned negative at $125.26M (-208.10% change), escalating to $165.92M over 24 hours (-792.67% change), -$180.08M over 3 days, and -$200.92M over 5 days. Net inflow/MCap ratios ranging from -0.28% to -0.45%. 

AI Model Projects Time Period For XRP Move Above $35

Abdulkarim Abdulwahab
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AI Model Projects Time Period For XRP Move Above $35

A bold new projection circulating in the XRP community suggests that 2026 could mark a turning point for the asset, with prices moving into double digits.

XRP supporters are sharing artificial intelligence models pointing to a possible surge into the double-digit price range. These ambitious outlooks continue to emerge despite XRP’s disappointing price performance. The coin dipped 4% over the past day, touching the $1.30 region, and has yet to recover.

Key Points

  • AI model suggests XRP could soar to $35 in 2026, marking a potential defining year for the asset.

  • Xaif Crypto’s chart shows XRP climbing from $1.36 through multiple pullbacks before hitting $35.

  • Skeptics cite tokenomics and capital inflows as limits, while bulls see long-term upside potential.

  • A $35 XRP implies a 26x gain, valuing it near $2.13T, rivaling top global tech giants and Bitcoin.

“XRP Moving Above $35” in 2026

Notably, the forecast comes from analyst Xaif Crypto, who shared a dynamic visual chart outlining a hypothetical price path for XRP throughout the year. The model depicts XRP’s price climbing from its current range around $1.36 to $2, $3, $4, $5.44, $5.85, $6, $7.40, and $9.20 before experiencing multiple pullbacks.

According to the chart, XRP retraces to $8, $7, $6, $5.70, and $4.90 before rebounding toward $7 and $8.40, eventually pushing through $10 and $11. The model then shows another dip toward $7 and $5.81 before accelerating sharply to $11, $13.88, $18, $25, $29, and ultimately $35.

Commenting on the visualization, Xaif argued that 2026 could be a defining year for XRP even if only a fraction of that scenario plays out.

What a $35 XRP Would Mean

At its current price of $1.36, XRP would need roughly a 26x increase to reach $35. Such a move would push its market capitalization to approximately $2.13 trillion, placing it in the same valuation range as major global tech giants and even rivaling the current size of Bitcoin.

The magnitude of that projection has sparked intense debate across the XRP community.

Analysts and Community React

Technical analyst added fuel to the discussion, commenting that “$27 XRP shows up everywhere”. He suggests that multiple chart structures point to a high double-digit target zone, as $27 has been one of his long-term aspirations for XRP.

However, not everyone is convinced. X user “CRYPTO PARASITE” dismissed the projection outright, questioning the feasibility of the capital inflows required to support a $35 valuation.

“XRP to $35? Can you imagine the amount of money for that? [It’s] delusion,” he said. Another community member, Scott Reid, argued that XRP would be fortunate to even hit $5.

Skepticism also centered around tokenomics. One commenter, Mr. Brown, pointed to the escrow holdings managed by Ripple Labs, arguing that institutional sales and discounted deals could limit explosive upside potential.

Still, some long-term holders remain optimistic. Raiderfan Randy responded simply, “In our lifetime though”. This implies that while the timeline may be debated, the possibility itself cannot be entirely ruled out.

Defining Year Ahead

XRP has historically experienced strong rallies followed by deep retracements. While AI models can identify patterns and probabilities, they remain speculative tools rather than guarantees.

Essentially, whether XRP approaches $35 or struggles to reclaim previous highs remains to be seen. But the growing discussion suggests 2026 could be a pivotal year for the asset, a sentiment widely echoed by Ripple executives.

Shiba Inu Might Be Forming a Bullish Signal that Most Ignore

Elendu Benedict
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Shiba Inu Might Be Forming a Bullish Signal that Most Ignore

After an extended stretch of selling pressure, Shiba Inu is starting to show signs that the worst of its downtrend might have already occurred.

This signal is subtle and quiet. As a result, many might easily overlook it. If the current consolidation persists, Shiba Inu might signal stabilization and a potential start of a recovery process.

Key Points

  • After an extended stretch of selling pressure, Shiba Inu is starting to show signs that the worst of its downtrend might have already occurred.
  • This signal is subtle and quiet; hence, many might easily overlook it.
  • The broader trend still leans negative on higher time frames, yet daily price action suggests Shiba Inu is gaining strength.
  • One of the most notable changes that signals a recovery push is the emergence of higher lows.
  • Technically, the gap between the moving averages and the price continues to narrow, suggesting a strong move is imminent.

Shiba Inu Holds Support

The broader trend still leans negative on higher time frames, yet daily price action suggests Shiba Inu is gaining strength. The cooling contrasts the intense downside momentum that defined previous months. Instead of sharp breakdowns, the token is now moving sideways, suggesting it might be searching for its base price.

Notably, this shift has become clearer as the asset holds above a key support zone. After a dip to $0.00000507 on February 6, Shiba Inu has trended above the $0.0000060 level for most of the time since then, as bulls continue to defend the multi-year support.

Following the steep drop, price swings have tightened, and candles look less aggressive. That kind of structure often appears when selling pressure fades and buyers quietly begin stepping into the picture.

Signs Selling Pressure Is Losing Strength

One of the most notable changes is the emergence of higher lows. This pattern suggests that the market may be absorbing each pullback faster than before, as prices have failed to fall below an ascending trendline from previous lows, contrary to prior scenarios.

Volume also tells a similar story. The heavy spikes that accompanied earlier declines have subsided substantially, implying that weaker hands may have already exited.

Technically, moving averages still sit above price and continue to act as resistance. However, the gap between those levels and the current range is narrowing. For context, the 20- and 50-day simple moving averages stand at $0.000006281 and $0.000007331, closer to the current SHIB price of $0.000006066.

Shiba Inu Chart
Shiba Inu Chart

This compression frequently precedes a stronger move. Meanwhile, the direction of this move hinges on how well Shiba Inu holds above the weekly support area.

Why The Consolidation Matters for SHIB

For now, stability near recent lows is the key development. A prolonged sideways phase can serve as a base-building period, where supply gradually gets absorbed. If the process continues, Shiba Inu could attempt a push toward close resistance levels and test whether demand is strong enough to sustain a broader recovery.

Nonetheless, the outlook is not a guarantee. Losing the current support band would weaken the stabilization case and reopen the door to deeper declines. On the other hand, holding this range and reclaiming short-term averages would strengthen the argument that accumulation is underway.

Michael Saylor Says There’s No Doubt Bitcoin Will Be Bigger Than Gold by 2035

Zabi
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Michael Saylor Says There’s No Doubt Bitcoin Will Be Bigger Than Gold by 2035

Michael Saylor believes Bitcoin could surpass gold in value within the next decade.

In an interview with Yahoo Finance, the Strategy founder said he expects Bitcoin’s total market capitalization to exceed that of gold by 2035. His comments came in response to a viewer question about whether Bitcoin can realistically close the valuation gap with the precious metal.

Saylor responded with little hesitation. In his view, Bitcoin is already on a path toward becoming a larger asset class than gold, and the transition is well underway.

Key Points

  • Saylor expects Bitcoin’s market capitalization to exceed gold by 2035.
  • He argues Bitcoin’s fixed 21 million supply underpins its long-term valuation thesis.
  • Bitcoin would need to rise roughly 2,649% to match gold’s current market cap of $36 trillion.
  • Strategy is approaching its 100th Bitcoin purchase and has accumulated 717,131 BTC since 2020.
  • Despite an unrealized loss at current prices, the company continues its aggressive accumulation strategy.

Supply Dynamics and the 2035 Milestone

Central to Saylor’s thesis is Bitcoin’s fixed supply. He described the current period as a modern rush toward scarce digital assets, arguing that Bitcoin’s issuance mechanics will play a decisive role in its long-term valuation.

According to his timeline, roughly 99% of all Bitcoin will have been mined by 2035, which he calls the “0.99” stage of the issuance cycle. Afterwards, the remaining 1% would be released gradually over the following century.

That structure, Saylor suggested, creates built-in urgency. Investors seeking meaningful exposure may feel increasing pressure to accumulate before the supply curve flattens further.

The Market Cap Gap With Gold

Nevertheless, despite his conviction, the scale of the challenge is substantial.

At the time of writing, Bitcoin’s market capitalization stands at approximately $1.31 trillion, compared with more than $36 trillion for the global gold market. Therefore, based on those figures, Bitcoin would need to rise about 2,649% to match gold’s current valuation — and that assumes only modest growth in gold prices through 2035.

The comparison underscores the magnitude of expansion required for Saylor’s projection to materialize. Notably, at a market cap of $36 trillion, 1 BTC will be worth over $1.8 million.

Strategy Nears 100th Bitcoin Purchase

Saylor’s remarks coincide with a potential milestone for the company. In a recent post on X, he wrote, “The Orange Century,” a phrase widely interpreted as signaling another Bitcoin acquisition.

According to the company’s website, Strategy has completed 99 Bitcoin purchases since 2020. Its next disclosed transaction would mark the 100th.

The firm typically announces its weekly purchases on Mondays. Notably, it has continued accumulating despite challenging market conditions in 2026, adding Bitcoin for 12 consecutive weeks. Another purchase would extend that streak to 13.

Strategy currently holds 717,131 BTC, with an average purchase price of $76,027 per coin.

With Bitcoin trading near $65,863 at the time of writing, the company’s position is below its average cost basis and is currently at an unrealized loss. Even so, Strategy has shown no indication that it intends to slow its accumulation strategy.

From Skeptic to Largest Public Holder

Strategy (formerly MicroStrategy) first entered the Bitcoin market in August 2020 with a $250 million purchase, led by Saylor, who had previously expressed skepticism about the asset.

At the time, the company framed Bitcoin as a hedge against inflation and a tool to protect treasury reserves while strengthening long-term shareholder value.

Nearly six years later, Strategy has become the largest publicly traded holder of Bitcoin. Its aggressive treasury strategy has influenced other corporations to consider similar digital asset allocations.

According to Yahoo Finance data, the firm’s stock has increased roughly 950% since its first Bitcoin purchase. Specifically, shares have risen from about $12.44 in 2020 to approximately $131.05 at the time of writing.

Hoskinson Says Cardano is “No Longer an Island” as LayerZero Links It to 80+ Blockchains

Lele Jima
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Hoskinson Says Cardano is “No Longer an Island” as LayerZero Links It to 80+ Blockchains

Founder Charles Hoskinson has said Cardano’s recent integration with LayerZero is a major step toward connecting Cardano with other blockchains and ending its isolation.

Earlier this month at Consensus Hong Kong 2026, Hoskinson unveiled the integration after concluding negotiations with key stakeholders. The move strengthens Cardano’s cross-chain functionality and directly addresses concerns about limited interoperability, allowing the network to fully participate in the emerging omnichain future of DeFi.

Key Points

  • Cardano’s LayerZero integration aims to end the network’s long-standing isolation from other blockchains.
  • IOG founder Charles Hoskinson says the integration connects Cardano to more than 80 blockchains, including BNB Chain.
  • This opens the door to cross-chain DeFi, omnichain DEXs, cross-network lending, and improved liquidity routing.
  • Experts warn that developer adoption and sufficient liquidity remain crucial for Cardano to realize the benefits of interoperability.

Cardano is No Longer an Island

In a recent livestream, Hoskinson highlighted the significance of Cardano’s LayerZero integration, emphasizing that the interoperability protocol now connects the network to more than 80 blockchains.

This includes major networks such as BNB Chain, Solana, and Ethereum. He stressed that Cardano is no longer an island, as it can now seamlessly move liquidity, users, and value across multiple networks.

Notably, the integration marks a major step forward for Cardano’s ecosystem. Rather than operating as a standalone blockchain, Cardano can now coordinate smart contracts, enable cross-chain communication, and support advanced interoperability use cases.

In turn, this opens the door to cross-chain DeFi, omnichain decentralized exchanges, cross-network lending, and more efficient liquidity routing, significantly expanding Cardano’s utility and growth potential.

How the Cardano —LayerZero Integration Works

Meanwhile, stake pool operator Cardano Jaromir Tesar outlined how the integration delivers seamless interoperability. For context, LayerZero is a decentralized messaging layer that enables blockchains to communicate directly with each other.

Each supported network deploys a standardized endpoint for secure cross-chain messaging. By deploying this endpoint, Tesar noted that Cardano enables its smart contracts to send instructions, data, and state updates to applications on networks like Ethereum and Solana, without relying on traditional asset bridges.

ImageUnlike legacy bridges that lock tokens and mint wrapped assets, he stresses that LayerZero uses an omnichain model.

Specifically, it relies on verified messaging and native burn-and-mint mechanisms, thereby reducing reliance on centralized trust assumptions and limiting systemic risk. Independent oracle and relayer nodes validate each message to ensure secure, decentralized communication.

Consequently, developers can build omnichain applications that operate as single logical apps across multiple blockchains, according to Tesar. For instance, a decentralized exchange could let users initiate a swap on Cardano and finalize it on Solana.

In this case, Cardano smart contracts would transmit verified instructions to Solana, triggering asset releases from liquidity pools on the destination chain.

ImageLayerZero Integration Not Enough

Meanwhile, Tesar emphasized that although the LayerZero integration marks a major milestone for Cardano, interoperability alone will not guarantee success.

Developers must build omnichain applications, while liquidity providers must provide sufficient funds to support them. Without strong developer participation and deep liquidity, Cardano may struggle to unlock the full benefits of cross-chain connectivity.

Tesar described these factors as key challenges that could ultimately determine the integration’s long-term impact.

XRP to $6 or $0.489: Depends on How XRP Interacts with These Levels

Mark Brennan
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XRP to $6 or $0.489: Depends on How XRP Interacts with These Levels

XRP has the potential to recover toward $6 or slump to a lower area, depending on how it interacts with some key levels.

XRP continues to struggle as the broader crypto market downturn drags prices lower. At press time, XRP trades at $1.44, marking a steep 60% decline from its July 2025 all-time high of $3.6. The token has moved in a sustained downtrend alongside the wider market since October 2025, keeping bulls on the defensive.

Interestingly, XRP could face two main scenarios from here. In the bullish case, the price may have completed a major corrective phase near $1.21 and could rally toward $2.86 or even $6 if a larger five-wave structure plays out. In the bearish case, a break below key support could trigger a broader decline toward the $0.489 to$0.989 region. 

Key Points

  • XRP trades near $1.44, down about 60% from its $3.6 all-time high reached in July 2025.
  • The $1.21 level, which aligns with a 50% Fibonacci retracement, remains a crucial support but has not yet been firmly confirmed as the bottom.
  • A recovery from here could lift XRP toward $2.86 in a corrective bounce or as high as $6 under a five-wave bullish structure.
  • A decisive break below $1.20 could expose a much deeper correction toward the $0.489 to $0.989 support range.
  • On lower timeframes, XRP continues to move in corrective three-wave patterns, with $1.51 acting as an early breakout signal.

XRP Could Recover to $2.86 or $6

These levels were presented by market analyst More Crypto Online (MCO), who recently reviewed XRP’s price structure across multiple timeframes in a video commentary and shared both bullish and bearish paths. 

In his analysis of the larger 4-day timeframe, he explained that the market may have started either a B-wave bounce within an ABC correction or the fifth wave in a larger five-wave impulse structure. 

According to MCO, if XRP follows the ABC structure, the B wave could push the price up to $2.86. However, if the token tracks a five-wave pattern, Wave 5 could drive XRP as high as $6. However, he confirmed that for now, he focuses on the possibility of higher prices within a corrective rally.

XRP 4D Chart More Crypto Online
XRP 4D Chart More Crypto Online

Is $1.21 A Reliable Floor?

Despite the recent bounce attempts, MCO stressed that XRP has not confirmed a meaningful bottom. He highlighted the $1.21 level from Feb. 6, which aligns with the 50% Fibonacci retracement, and said the market has not yet proven that this level marks a durable floor.

From the broader structure, MCO explained that XRP entered a correction in January 2025 after reaching $3.4. Since then, the token has traded within a wide range. Notably, XRP tested the upper boundary above $3 twice, first in February 2025 when it recovered to $3.02, and again in July 2025 when it surged to its all-time high of $3.6. 

On the downside, the price dropped to the lower boundary at $1.21 in early February, which represents the 50% retracement of the yellow structure’s third-wave rally that peaked at $3.4 in January 2025. MCO called this retracement level the last reliable support in an impulsive move to the upside.

He warned that any decisive break below $1.20, especially below the February swing lows, could lead to a much larger correction. In this bearish scenario, XRP could target a lower support zone between $0.489 and $0.989. According to him, this follows a different wave count that he discussed in earlier updates.

XRP Could Rise to $6 or Drop Below $0.739

Meanwhile, MCO said traders can interpret the ongoing correction in two ways. First, they could treat it as a Wave 4 correction within a larger impulse. Alternatively, the market may still be in a corrective B wave within a yellow ABC structure, which could extend further before completion.

Under the white five-wave structure, the drop to $1.21 in early February would mark the bottom of Wave 4, allowing for Wave 5 to push XRP toward $6. However, under the yellow ABC structure, XRP would still be in the B wave, and the correction could stretch deeper into the $0.489 to $0.739 region before finishing. 

For risk management, MCO said he would focus more on the white scenario but remain open to upward movement within the yellow structure. He stressed that, if the upside scenario plays out, the major question is whether the bounce from $1.21 can eventually carry XRP to $6 or limit the upside to $2.86.

Short-Term Structure Shows Range and Weak Momentum

Further, on the 30-minute timeframe, MCO called the structure messy and largely corrective. He called attention to a sequence of three-wave moves that signal range-bound behavior rather than a strong bullish breakout. 

Specifically, XRP rallied from the February low of $1.21 to $1.54 in a three-wave move. It then pulled back in another three-wave pattern to $1.34 by Feb. 11, followed by a three-wave rally to $1.47 by Feb. 15 and another three-wave decline to $1.37 by Feb. 22.

XRP 30m Chart More Crypto Online
XRP 30m Chart | More Crypto Online

This repeated three-wave behavior indicates that the price is in corrective structures. MCO said the market could revisit the support zone between $1.36 and $1.31, which also aligns with recent swing lows. 

However, he stressed that the $1.51 level represents the earliest short-term breakout area that would signal bulls gaining control. A move above the green line at $1.51 to $1.52 would increase confidence that a local low has formed. Above that, $1.67 stands as the next upside objective.

However, he also mentioned the possibility of a speculative microstructure scenario where the market could form an ending diagonal in Wave C, potentially pushing prices into the $1.19 to $1.36 range before reversing.

U.S. Treasury Debt on XRP Closes in on $300M Total Value

Sam Wisdom Raphael
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U.S. Treasury Debt on XRP Closes in on $300M Total Value

The total value of the U.S. Treasury Debt hosted in the XRP ecosystem now closes in on $300 million amid tokenized RWA growth in 2026.

While the XRP price has struggled this year, down 25.22% since Jan. 1, 2026, and 62% from the $3.66 peak from July 2025, the broader XRP ecosystem seems to be witnessing impressive growth in recent times, especially in real-world asset tokenization.

Specifically, market data confirms that the value of tokenized U.S. Treasury Debt on the XRP Ledger (XRPL) has moved closer to the $300 million mark, now standing at $299.9 million, making up nearly 34% of the total distributed RWA value on the ledger.

Key Points

  • While XRP’s price has faced turbulence this year, down 25.22% year-to-date, the broader ecosystem has seen impressive growth, especially in RWA tokenization.
  • The total value of tokenized U.S. Treasury Debt in the XRP ecosystem now edges closer to the $300 million mark amid a recent rapid expansion.
  • With a current value of $299.9 million, tokenized U.S. Treasury Debt makes up about 34% of the total distributed RWA on the XRPL.
  • Ondo accounts for most of the U.S. Treasury Debt hosted on the XRPL, with OpenEden and Guggenheim making respectable contributions.
  • Ondo’s Short-Term US Government Bond product has increased by $120 million on the XRPL this year.

Impressive Growth in U.S. Treasury on XRP Ledger

Since the tokenization market caught the attention of finance industry leaders such as BlackRock CEO Larry Fink, multiple platforms have begun tokenizing U.S. Treasuries on public blockchains. For context, these tokenized Treasury products include government notes, debt, Treasury bills, and bonds.

Amid the increasing rate at which these products are moving onto public networks, the XRP Ledger has captured a portion of the momentum. 

Notably, at the start of 2026, the XRPL hosted $141.7 million worth of U.S. Treasury Debt. Today, the figure has increased to $299.9 million, less than $100K to the $300 million mark, per data from data analytics platform RWA.xyz.

US Treasury Debt on XRP Ledger
US Treasury Debt on XRP Ledger | RWAxyz

U.S. Treasury Products on XRP

Of the $299.9 million figure, the Ondo Short-Term US Government Bond product makes up $160.183 million, accounting for a 53.4% share. Meanwhile, Guggenheim Treasury Services DCP from Zeconomy holds a $70.213 million value, representing a 23.4% share. OpenEden’s TBILL Vault makes up the rest, with $61.761 million in value.

Notably, this year’s growth came mostly from the Ondo product’s value increase, with minimal contributions from Guggenheim. Specifically, Ondo’s Government Bond rose from $40.74 million at the start of the year to the current $160.183 million, marking a 293% rise within two months. Meanwhile, Guggenheim’s Treasury product rose from $40 million to $70.2 million, an increase of $30 million.

Overall RWA Value Seeing a Rapid Increase

Besides U.S. Treasury products, the overall real-world assets market on the XRPL has recorded an impressive growth this year. The Crypto Basic confirmed recently that the XRP Ledger has welcomed an additional $1.3 billion in RWA value this year alone, surpassing the figure for the entire 2025.

Of the $2.3 billion total RWA value, U.S. Treasuries hold a 13% share. Meanwhile, the XRPL has $889 million worth of distributed RWA, with U.S. Treasury products accounting for 34%. The RLUSD stablecoin alone makes up 39% of the distributed RWA value.

Bitcoin Slides Below $65K as $468 Million in Crypto Positions Liquidated in 24 Hours

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Bitcoin Slides Below $65K as $468 Million in Crypto Positions Liquidated in 24 Hours

Bitcoin and other major cryptocurrencies tumbled Sunday evening, triggering a wave of forced liquidations across the derivatives market.

The sudden downturn pushed Bitcoin below a key psychological support level and erased hundreds of millions of dollars in leveraged bets within a single day.

Key Points

  • Bitcoin fell more than 4% on Sunday evening, dropping below the critical $65,000 support level.
  • The sudden downturn triggered roughly $468 million in liquidations, mostly from long positions.
  • Bitcoin and Ethereum led liquidations, with more than $328 million in combined positions erased.
  • Total open interest declined to $19.5 billion, down from $38.3 billion in January 2026.

Bitcoin Leads Market-Wide Pullback

The sell-off began around 7:20 p.m. ET, when Bitcoin abruptly reversed its upward trend. Specifically, the asset fell from $67,600 to roughly $64,700 in less than two hours. That move represented a drop of more than 4% in a short span.

As Bitcoin weakened, losses spread quickly across the broader crypto market. Ethereum fell 5.6% over 24 hours to $1,864, while XRP declined 5.4% to $1.33. Meanwhile, Solana recorded the steepest drop among major tokens, plunging 8.5% to $77.75.

The decisive break below $65,000 amplified selling pressure. A large share of traders had been positioned for continued upside, leaving long positions vulnerable as prices turned lower. As stop-loss levels were triggered and margin requirements tightened, liquidations quickly snowballed across exchanges.

Nearly Half a Billion Dollars in Liquidations

Data from CoinGlass showed that approximately $468 million in crypto positions were liquidated over 24 hours. Of that total, $434.34 million came from long positions, underscoring how heavily skewed the market had been toward bullish bets.

In particular, Bitcoin accounted for the largest share of the losses, with approximately $213.62 million in positions erased. Ethereum followed, recording $114.72 million in liquidations over the same period.

Additionally, other large-cap tokens also saw notable forced closures. Solana registered $19.86 million in liquidations, while XRP recorded $10.93 million.

According to CoinGlass, the single largest liquidation occurred on Huobi, where a BTC-USDT position worth $61.51 million was closed during the sell-off.

Crypto Liquidations
Crypto Liquidations

Open Interest Shrinks as Sentiment Weakens

Beyond price declines, derivatives metrics signaled cooling speculative activity. Blockchain analytics firm Santiment reported that total open interest had fallen to approximately $19.5 billion, less than half the $38.3 billion peak reached on January 14, 2026.

At the same time, Santiment observed that negative sentiment had climbed to its highest level in two weeks. Retail traders reacted swiftly after Bitcoin fell below $65,000, with market psychology shifting toward fear, uncertainty, and doubt.

However, the firm noted that similar spikes in pessimism have historically coincided with short-term market bottoms. This suggests that extreme bearish sentiment can sometimes signal exhaustion in selling pressure.

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Analyst Flags Risk-Adjusted Metric

In parallel, analyst Michaël van de Poppe highlighted a longer-term indicator over the weekend. He shared a chart showing Bitcoin’s Sharpe Ratio had fallen to -38.4.

The Sharpe Ratio measures returns relative to volatility and serves as a proxy for risk-adjusted performance. A deeply negative reading indicates weak performance on a risk-adjusted basis. According to van de Poppe, similar historical readings have coincided with what he views as lower-risk accumulation zones for long-term investors.

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