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Top Analyst Explains Why XRP Holds Up Better Than Others

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A prominent crypto analyst has shared insights into why XRP’s price has remained relatively stable amid the recent market downturn affecting most altcoins.

The broader crypto market has witnessed heightened volatility over the past few weeks, with prices of major crypto assets retracing sharply at the start of November. 

Despite this widespread decline, XRP has managed to hold firm, showing little movement compared to its peers. Data from CoinMarketCap showed that XRP’s price hovered around the $2.50 region within the first few days of November. 

Expert Questions Rationale Behind XRP Stability 

Community figure 0xKOL drew attention to this unusual stability, highlighting that XRP’s resilience stood out during what he described as an “alt bear market,” where most alternative tokens were struggling to maintain momentum.

Given this performance, 0xKOL raised the question of what factors within XRP’s market structure and holder base have contributed to its enduring strength, prompting discussions about the token’s long-term support.

Why XRP Has Been Stable 

Popular crypto pundit DonAlt attributed XRP’s resilience to the nature of its holder base. Unlike many newer crypto projects that attract short-term traders constantly hopping between tokens for quick profits, DonAlt suggested that the XRP community is primarily made up of older, long-term investors. 

According to him, these investors genuinely like XRP and want to hold the token for the long term. In DonAlt’s view, these holders have been holding XRP for years and are not reactive to market swings like most younger investors are. 

Instead, they have a more profound conviction in XRP’s long-term potential, often tied to its real-world use cases in payments and banking, as well as loyalty built over the years.

The analyst noted that while younger traders, referred to as “Zoomer children”, tend to exhaust their funds chasing the trending tokens, XRP’s older, long-term investors remain unfazed, choosing to “just chill” even during market downturns. 

Their reluctance to panic sell during downturns helps dampen volatility and gives XRP a firmer price floor compared to the highly reactive altcoin market. 

In the meantime, XRP has retraced from the $2.50 mark and is currently trading at around $2.28. It ranks as the fourth-largest crypto by market cap, with a valuation of $137.25 billion. Despite its relative stability, XRP has recorded an 18.29% decline over the past month and is down 9.89% in the past week. 

XRP Dream Scenario: Expert Says XRP May Dip to This Level Before a Spark to $10

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A market veteran has presented what he called the XRP dream scenario, identifying a support level XRP may drop to before a run to two digits.

This commentary, which came from analyst Ali Martinez, calls attention to a prominent bullish flag structure that has formed on the 1-month XRP chart since November 2024. For context, this bullish flag forms when a token stages an initial upsurge, faces resistance, and consolidates before resuming the uptrend.

XRP Forms Bullish Flag Structure

Notably, the consolidation stage is often the longest phase, forming the flag pattern. Data from Martinez’s chart shows that XRP witnessed the initial price surge when it rallied from $0.5 in November 2024 to a peak of $3.4 in January 2025. This represented a 580% increase and marked the formation of the flagpole.

XRP 1M Chart Ali Martinez
XRP 1M Chart | Ali Martinez

However, after hitting the $3.4 high, XRP faced resistance, pulled back, and has been consolidating. This consolidation has persisted since then, despite occasional upswings above $3, lasting for over 10 months now. As is typical of bullish flag patterns, Martinez now expects a breakout soon to higher levels.

A Final Dip Imminent?

Nonetheless, the market pundit suggests that a final dip could occur before this breakout. Specifically, Martinez predicts XRP may register another decline to the $1.9 price level. Other analysts also expect this drop. For instance, Casi said in a Nov. 3 analysis that an XRP decline to a range of $2.04 and $1.72 could be possible.

In an updated account, Casi insisted that the XRP correction was not yet over despite the latest rebound attempt. After XRP faced a rejection at $2.41 over the weekend, she noted that this supports the theory that a steeper drop to the Wave 3 low at $2.05 could be necessary.

Martinez Predicts Rally to $10

Notably, Martinez believes this imminent drop would act as the trigger for the bull flag breakout, projecting a possible rally to $10. Notably, this represents a 300% increase from XRP’s current price of $2.5 and a more substantial 426% from the $1.9 floor price. 

Interestingly, the $10 price target has featured in several analyses amid the ongoing bullish recovery from XRP. For one, The Crypto Basic recently called attention to a report from Cryptollica, in which the analyst identified a historical 4-phase trend that XRP has been following since 2020. He expects the completion of the trend to take XRP to $10. 

Meanwhile, market analyst EGRAG Crypto has already set his eyes on higher targets. In one of his latest market commentaries, he suggested that XRP was following a five-course Elliott Wave structure, which began in mid-2023. According to him, XRP currently resides in the fourth wave, and Wave 5 could take it to $27.

XRP 5D Chart EGRAG Crypto
XRP 5D Chart | EGRAG Crypto

TapTools Founder Says Midnight Is an Extension of Cardano, Not a Rival

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Alex Yue, the co-founder of Cardano-based analytics platform TapTools, emphasizes that the Midnight blockchain is an extension of Cardano, not a competitor. 

The clarification comes amid growing speculation within parts of the Cardano community, where some users have portrayed Midnight as a direct competitor to the Cardano network. Supporters of this view argue that Midnight could draw users and liquidity away from the Cardano network. 

Additionally, others claim that Midnight’s development signals that Input Output Global (IOG), Cardano’s research and development arm, may be shifting its focus from Cardano toward the privacy-oriented blockchain. 

Midnight Not Competing with Cardano 

Taking to X, Yue dismissed these perspectives as misconceptions, stressing that Midnight is not competing with Cardano. He clarified that Midnight is built on top of Cardano, meaning it leverages Cardano’s robust infrastructure rather than operating as a rival blockchain.

While Midnight functions independently for specialized tasks such as private smart contracts and confidential data processing, Yue noted that every transaction on Midnight ultimately anchors to the Cardano main chain, ensuring it remains secure by the exact consensus mechanism that powers ADA. 

Moreover, Yue explained that Midnight expands Cardano’s capabilities by enabling private smart contracts and confidential data processing without compromising the network’s decentralization. 

An accompanying chart illustrated how Midnight’s infrastructure syncs Cardano block data via dedicated nodes and databases to generate privacy-enhanced blocks, allowing selective disclosure of sensitive information. 

Midnight block producer infrastructure
Midnight block producer infrastructure

Midnight to Take Over Privacy Within Cardano 

Meanwhile, Jason Appleton, host of the Crypto Crow show, echoed the same sentiment, emphasizing that Midnight is not here to replace Cardano but to complement it. 

He predicts that when Midnight takes the lead in privacy, it will do so within Cardano’s ecosystem. According to Appleton, those spreading misconceptions about competition are overlooking this key point. 

Cardano founder Charles Hoskinson has also refuted claims of competition between Midnight and Cardano. He recently referred to Midnight as the second kid, suggesting that Cardano remains the first. 

The privacy-focused blockchain is preparing for its mainnet launch, expected later this year. Additional details about the privacy sidechain will be unveiled at the upcoming Midnight Summit Hackathon, scheduled to occur from November 17 to 19.

Last week, Hoskinson also announced plans to launch a weekly podcast dedicated solely to Midnight, titled Night Shift. 

XRP Flashes Its Strongest Bull Structure Ever on 3-Month Chart: How High Will XRP Price Go?

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The long-term XRP trend may be entering its most powerful phase yet, according to a new analysis of its 3-month Ichimoku Cloud structure.

Market analyst Matt Hughes says the chart is showing a signal never seen before in XRP’s history.

XRP Builds First-Ever Base Above Key Ichimoku Levels

Hughes points to the 3-month Ichimoku Cloud, where XRP has remained consistently above the conversion line and baseline for nearly a full year. These are the two important trend-strength levels in the Ichimoku system, and holding above them indicates a strong bullish structure.

In previous cycles, such as the explosive 2017 breakout and the 2021 rally, XRP briefly reclaimed these levels but never built a sustained base above them. The current structure marks the first time XRP has done so on a high-timeframe scale.

For context, XRP formed the strong base above these key moving average lines after the November 2024 breakout, when it reclaimed $3 for the first time in eight years. Despite the price dipping multiple times after reaching $3.66 in July, XRP has held firmly above the conversion line or the baseline.

“This demonstrates how powerful XRP’s bull trend actually is,” Hughes said, noting that this multi-quarter consolidation above the Ichimoku levels has no historical precedent for the asset.

Matt Hughes XRP 3-month chart
Matt Hughes XRP 3-month chart

What Comes Next for XRP?

With XRP trading above $2 and maintaining its structure, analyst Hughes believes its next big move is building momentum. While he didn’t specify a price target for the next breakout, he has shared an optimistic outlook in earlier analyses.

In October, he shared Fibonacci analysis suggesting XRP could rise toward $8.30 (the 1.27 Fib level) following the dramatic drop on October 10, when the coin dipped to $1.20. According to the chart he shared at the time, XRP faced immediate resistance at $3.31, which coincided with the 1.00 Fib level on the weekly chart.

Meanwhile, back on October 4, Hughes highlighted $4.70, $6.20, $7.60, $9.30, and $12.30 as key “champion levels” XRP holders should watch on the way up. These levels could mean potential profit-taking zones or points where bullish momentum might retrace.

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Other Analysts’ Views on XRP

Like Hughes, other market analysts are also bullish on XRP’s next move. Pseudonymous analyst Cryptollica expects XRP to enter the final phase of a historical four-phase trend soon, potentially pushing its price to $10.

Cryptollica notes that a similar four-phase pattern occurred between 2014 and 2018. He believes a repeat is underway, with a possible 3X upside on the horizon.

Bullish Fundamentals

Beyond technicals, bullish sentiment is also building around XRP on the fundamental side. In the previous week, Ripple set the tone with several major announcements, including acquisitions and partnerships.

In the coming weeks, all eyes are on ETF approvals, which could provide the spark needed for XRP’s next major price run.

Ethereum Burns $32 Million in ETH as Network Hits Record 24,192 TPS

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Ethereum has achieved a historic milestone, processing 24,192 transactions per second, the highest ever recorded for the network.

The data, compiled by analytics platform Growthepie, attributes this record to the inclusion of Lighter. The protocol is a Layer 2 solution that recently joined Ethereum’s scaling ecosystem.

Lighter alone is processing about 4,000 TPS, far outpacing Base Chain, which typically handles between 100 and 200 TPS. Consequently, the surge highlights the influence of Layer 2 platforms. In particular, these solutions extend Ethereum’s scalability, achieving performance levels the base layer alone could not reach.

$32.2 Million in ETH Burned in One Month

Meanwhile, the record transaction speed coincided with a sharp rise in ETH burned. According to Leon Waidmann, Head of Research at Onchain HQ, 9,463 Ethereum tokens were destroyed over the past 30 days. This corresponds to an estimated value of approximately $32.2 million.

High transaction volumes on Layer 2 networks such as Base, Worldcoin, Optimism, and Arbitrum are driving the increase in burn activity. Together, these networks collectively boost Ethereum’s overall on-chain activity.

Waidmann noted that “blobs are scaling L2s at warp speed,” which indicates that more user activity across Layer 2s directly translates into more ETH being burned, reducing supply and potentially influencing long-term price dynamics.

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Community Reactions

In a tweet, Ethereum co-founder Vitalik Buterin celebrated the development. “Ethereum is scaling,” he wrote, highlighting how the network handles increasing transaction volumes more efficiently.

Ryan Sean Adams, the voice behind the Bankless podcast, emphasized that Layer 2 solutions now offer a 200 times scaling factor for Ethereum. He attributed the breakthrough to the increasing adoption of zero-knowledge proofs (ZK tech).

Based on this advancement, he predicted that the network could soon reach 100,000 TPS, and ultimately 1 million TPS.

Pectra and Dencun Upgrades Power Layer 2 Growth

Notably, Ethereum’s improved performance is rooted in the recent Pectra and Dencun upgrades, which significantly enhanced the throughput and efficiency of Layer 2 (L2) networks. These updates enable faster and cheaper transactions, laying the groundwork for Ethereum’s record-breaking performance.

By optimizing data handling and supporting zero-knowledge technology, these upgrades enable L2 networks to process transactions with unprecedented speed and efficiency, thereby reinforcing Ethereum’s multi-layer scaling model.

While Lighter is driving much of Ethereum’s record performance, the platform has faced several network outages since its October 1 launch. The disruptions have drawn comparisons to Solana’s early instability.

Following an outage on October 28, Lighter’s team compensated 3,900 wallets with $774,872 in USDC. Despite these challenges, Lighter remains a central player in Ethereum’s recent scaling success.

Debate Over Ethereum’s Value Capture

Meanwhile, the rise of Layer 2s has raised strategic questions for Ethereum’s long-term economic model. Rezso Schmiedt, founding partner at ₿RRR Capital, questioned where the value accrual lies for Ethereum’s mainnet if Layer 2 networks capture most transaction fees.

Nevertheless, some community members argue that new mechanisms, such as fee sharing, MEV capture, and protocol-level integrations, are needed to ensure that Layer 1 continues to benefit financially from Layer 2 growth.

Analyst Says Shiba Inu Preparing for 200% Price Move, Here’s Why

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A top analyst asserts that Shiba Inu has broken out of a key accumulation phase, with early bullish signals pointing to a potential rally toward the $0.00003 region.

In an X post today, Javon Marks asserted that Shiba Inu has broken out of a key accumulation zone, signaling a possible trend reversal after months of consolidation. 

The accompanying chart shows that Shiba Inu initiated a breakout in March 2024, followed by a sharp rally toward $0.000045. It has been a rollercoaster ride for SHIB ever since, with the token climbing above $0.00003 in December 2024. 

In the recent commentary, Marks suggested that Shiba Inu has exited this accumulation zone, indicating that a new bullish phase could be starting soon. According to him, the chart also displays bullish divergences that first emerged earlier this year. 

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Shiba Inu Poised for a 200% Rally 

Amid the current setup, Marks projects that Shiba Inu could be gearing up for a 200% price surge. According to him, this 200% rally would take SHIB’s price to $0.000032, which he claims serves as a major resistance zone for the meme-based token. 

For context, Shiba Inu last traded around the $0.000032 region in December 2024. At the time, it soared to $0.00003329 on December 8, 2024.

Ever since, it has been on a free fall, eventually extending its decline to around $0.0000075 in the flash crash that occurred on October 10, 2025. However, Shiba Inu has since rebounded from the October 10 low and currently trades at $0.00001003. 

Previous Predictions 

Notably, Marks has been predicting Shiba Inu’s potential rally toward the $0.000032 level. In July, he highlighted that Shiba Inu had confirmed a clear bullish divergence with its Moving Average Convergence Divergence (MACD) indicator. In his view, this could propel Shiba Inu’s price on a rally toward $0.000032. 

As highlighted in earlier forecasts, Marks predicts that if Shiba Inu successfully breaks above the $0.000032 resistance level, it could advance toward $0.000081, nearing its previous all-time high of $0.00008845. From its current price of $0.00001003, SHIB would need to rally by approximately 707.57% to reach this target. 

Ripple CEO Says Company Won’t Support Bills That Threaten Hard-Won XRP Clarity

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Ripple CEO Brad Garlinghouse says the company will not support any legislation that risks undoing the legal clarity XRP has already secured in the United States.

Speaking in an interview with Crypto In America, Garlinghouse described XRP’s regulatory position as a milestone won through years of legal battles. Accordingly, he confirmed that Ripple will not allow it to be jeopardized.

XRP Has Regulatory Clarity, and Ripple Wants the Entire Industry to Benefit

Garlinghouse stated that XRP is now in a “unique position,” with a U.S. federal court having ruled that it is not a security. He noted that this clarity benefits not just Ripple but the entire crypto sector.

He added that Ripple wants the entire industry to have unambiguous rules. However, according to Garlinghouse, any bill that introduces risks to XRP’s current legal status would be unacceptable. 

He stressed that Ripple cannot endorse legislation that “calls that back into question” after spending years and more than $150 million fighting the SEC.

Ripple’s major concern is the possibility of a future SEC administration reversing course. He referenced the hypothetical arrival of “a new Gary Gensler” at the SEC, who could attempt to bring renewed lawsuits.

Transparency Sets XRP Apart from Other Projects

The Ripple CEO also highlighted the company’s deliberate transparency regarding its XRP holdings. He noted that Ripple publicly discloses the wallets it controls, giving the community and analysts full visibility into on-chain movements.

Garlinghouse contrasted this with other crypto projects that operate in a more secretive manner. He recalled a past panel discussion where another CEO resisted sharing basic transparency information. Garlinghouse pointed out that some players “want to have it both ways.”

Ripple’s Efforts in Broader Crypto Regulation

Indeed, Ripple has been at the forefront of discussions concerning crypto regulation. In September, Ripple, Kraken, Coinbase, and a16z represented the crypto industry at a Senate Banking Committee roundtable on crypto legislation in Washington, D.C.

Cardano founder Charles Hoskinson praised these efforts and expressed optimism about bipartisan progress toward comprehensive U.S. crypto regulation.

Ripple President Monica Long echoed this optimism, calling blockchain a “financial revolution” hindered by regulatory delays. Meanwhile, she acknowledged new momentum from the GENIUS Act, the Clarity Act, and the evolving Responsible Financial Innovation Act (RFIA).

Last week, President Trump’s crypto adviser David Sacks said discussions on the U.S. crypto market structure bill are making “great progress,” with a bipartisan draft expected soon.

The update comes amid the government shutdown, which has slowed committee work but also allowed for deeper policy talks.

Currently, the Senate Banking and Agriculture Committees continue to refine the bill, which will need 60 votes to pass. While the process remains lengthy, many in the industry expect major regulatory progress by 2026.

XRP Fourth Phase of Ongoing Trend to Push Prices to $10: Analyst

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Cryptollica, a pseudonymous market analyst, has segmented XRP price action into four phases, expecting the final phase to push prices into the two-digit range.

His comments come amid the ongoing rebound staged by XRP, as the broader market attempts to recover some of the losses of the past week. Notably, XRP has increased by 1.45% in the last seven days, while Bitcoin (BTC) and Ethereum (ETH) have dropped 3.2% and 1.16% within this period.

Despite this, XRP still nurses losses, especially in comparison to its value at the start of October. Currently trading for $2.45, XRP has collapsed 13.4% since October. However, Cryptollica believes XRP may be gearing up for its most explosive surge yet.

Historical 4-Phase Trend

He called attention to a historical trend that segments XRP’s price action into four phases, with each phase guiding price movements accordingly. For context, the trend first appeared on the 2-week XRP chart from mid-2014 to early 2018. 

Specifically, the first phase emerged in July 2014. This phase featured a multi-year ascending trendline, as XRP consolidated while witnessing higher lows. This consolidation with higher lows persisted until March 2017, when Phase 2 began with an impressive price rebound above $0.07 by May 2017.

XRP 2W Chart Cryptollica
XRP 2W Chart | Cryptollica

The second phase was brief and led to phase 3 in May 2017. For this Phase 3, XRP surged further until it reached a peak of $0.3988 and then slipped back into a consolidation period from May to November 2017. The consolidation ended with the close of Phase 3, as Phase 4, the last part, pushed prices to highs above $3.31 by January 2018.

XRP Repeating the 4-Phase Trend

Cryptollica believes this same 4-phase trend is playing out today. Data from his chart shows that this time, the first phase began after XRP collapsed to $0.1140 in March 2020. From here, it followed an ascending trendline amid higher lows, as it consolidated between $0.3 and $0.7.

This lasted until November 2024, when XRP surged past $1 and $2, entering Phase 2. Notably, the third phase featured a higher climb toward the $3 price region and then a collapse to $2, leading to another consolidation. Now, the analyst expects Phase 3 to end with the current bearish consolidation, leading to the last phase.

For Phase 4, Cryptollica suggests that XRP may surge again, like it did from November 2017 to January 2018. According to the market watcher, this surge could push prices to $10, representing a 308% rise from current prices. Notably, the Phase 4 from 2017/2018 led to a 1,642% increase.

Interestingly, multiple analysts already expect XRP to stage a full-blown rebound attempt this week. DustyBC noted that XRP was showing great signs of such a rebound, predicting a possible recovery to $3.63 in the mid-term. According to him, XRP will either explode this week or disappoint investors. There will be no in-betweens.

XRP 8h Chart DustyBC
XRP 8h Chart | DustyBC

FTX Creditors Receive $7.1B So Far as Bankruptcy Estate Eyes New Distribution

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The FTX bankruptcy estate has made substantial progress in returning funds to creditors, distributing $7.1 billion across three rounds so far. 

The update came from creditor representative Sunil Kavuri, who confirmed the developments in a recent post on X.

The once-prominent crypto exchange, which collapsed in November 2022, continues to unwind one of the most complex financial failures in the digital asset industry.

Three Phases of Distributions Completed

FTX has adopted a structured, phased approach to repayments. The first payout, totaling $454 million, was issued on February 18, 2025. A second, much larger round of $5 billion followed on May 30, 2025, while the third payment of $1.6 billion was completed on September 30, 2025.

Each round has brought thousands of affected users closer to full recovery, according to Sunil’s update.

The next payout round will take place in January 2026, with eligibility to be finalized in December 2025. This will mark the fourth major distribution since the estate began returning recovered assets earlier this year.

FTX Estate Value and Recovery Progress

Notably, the FTX estate had net assets estimated between $16 billion and $17 billion, according to ongoing bankruptcy filings. Through asset liquidation and settlements, the estate has recovered between $14.7 billion and $16.5 billion. 

These strong recovery figures indicate that the repayment plan is progressing in line with expectations set by the court-approved restructuring plan.

Small Creditors Receive Full Repayment

The first round of payouts focused on smaller creditors, those with claims of $50,000 or less. This group, classified as the Convenience Class, has received full repayment, amounting to approximately 119% of the original claim value. This total includes 9% annual interest, reflecting the accrued returns.

Subsequent distributions targeted a wider range of claimants, including U.S. and dot-com customers, as well as counterparties from Alameda Research. Recovery rates for these creditors varied based on claim type, with general unsecured and digital asset loan claims receiving cumulative payouts of up to 85%.

Unusual Recovery for Shareholders

Moreover, in an uncommon development for bankruptcy cases, even FTX shareholders may receive a portion of recovered funds. Entities such as Singapore’s Temasek could see returns of up to $230 million, derived from assets seized by the U.S. Department of Justice.

This marks a rare scenario where equity holders might benefit despite the company’s collapse.

Notably, repayments have been calculated using the U.S. dollar value of crypto assets at the time of the November 2022 bankruptcy filing. 

However, some creditors have objected to this method, arguing that cryptocurrency prices, especially Bitcoin, have risen sharply since then. They therefore contend that payouts should reflect the current market value of digital assets rather than historical figures.

Global Distribution Through Trusted Partners

The FTX estate has partnered with several payment providers, including BitGo, Kraken, and Payoneer, to manage the global distribution of funds.

Ultimately, the FTX case remains one of the largest and most intricate bankruptcies in crypto history. Nevertheless, with billions already distributed and another round planned, the recovery process is moving forward steadily.

If current projections hold, the January 2026 payout could bring the estate significantly closer to completing repayments and closing a major chapter in the FTX collapse.

Tradeship University Founder Says He Sold His McLaren to Buy More XRP

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XRP bull Cameron Scrubs, founder of Tradeship University, has revealed that he sold his McLaren to accumulate more XRP.

He made the revelation in a post on X, noting that he had owned the luxury car for well over a year. He said that now, he would much rather hold the equivalent value in XRP.

Scrubs added that he expects to “print a free McLaren” once XRP reaches new all-time highs. He ended his post by asking followers if they “see the simple math.”

Notably, Scrubs provided no proof of the McLaren sale — he shared no images of the car, receipt of sale, or on-chain record of the new XRP acquisition. This led many to question whether his claim of selling the exotic car for XRP was genuine.

Bold Calls on XRP

Meanwhile, Scrubs’ message follows a string of increasingly dramatic declarations he has made in recent times. Just days earlier, he urged followers to “sell everything” — including Bitcoin, Ethereum, and Dogecoin — and move their capital entirely into XRP.

His long-standing prediction is that XRP will overtake both Bitcoin and Ethereum to become the world’s top cryptocurrency within five years.

The McLaren episode is the latest example of Scrubs’ ambitious calls on XRP, reinforcing his message of total conviction in the asset’s long-term value.

Interestingly, Similar ultra-bullish stunts have surfaced across the community.

Sold Lambo to Buy XRP

In 2024, crypto YouTuber Myles G claimed he sold his Lamborghini Huracán Spyder to buy more XRP, though the authenticity of that sale was questioned.

Months later, Myles said his father liquidated an $800,000 home to purchase XRP in full, describing it as the boldest investment decision of his family’s trading career.

The XRP community often celebrates such displays as proof of confidence. However, critics dismiss them as reckless and exaggerated signals within a speculative echo chamber.

Why XRP Bulls Are Doubling Down

Behind the theatrics, analysts point to a series of major developments that have strengthened optimism around Ripple and XRP throughout 2025.

At Ripple Swell 2025, Ripple announced a $500 million funding round backed by heavyweight investors including Galaxy Digital, Fortress, and Pantera Capital.

Brad Garlinghouse, Ripple CEO, said the raise confirms confidence in a business “built on the foundation of XRP,” praising investors for recognizing the asset’s role in the company’s broader infrastructure push.

Ripple also expanded its ecosystem through a partnership with Mastercard, integrating RLUSD for fiat settlement on the XRPL.

These developments have reignited enthusiasm across the XRP community. It has helped fuel extreme displays of personal conviction, like Scrubs’ supercar sacrifice.