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Ripple Moves 50M XRP, Sends 1M to Binance

Sam Wisdom Raphael
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Ripple Moves 50M XRP, Sends 1M to Binance

A Ripple-linked address has moved 50 million XRP to an unknown wallet after receiving 150 million XRP earlier this month. 

On-chain data shows that the Ripple (50) address sent the 50 million XRP worth $50.5 million at the time to raRV…yNRf on Aug. 13 at 04:40 AM UTC.

Ripple Moves 50M XRP

The transfer came several days after the Ripple (50) address received 150 million XRP from the Ripple (1) wallet on Aug. 7. The address initially kept the tokens without making any outgoing transfers. 

Ripple Moves 50M XRP
Ripple Moves 50M XRP | Source: XRPScan

However, activity began on Aug. 10, when it started moving smaller amounts. Between 17:00 and 21:41 UTC on Aug. 10, it transferred a total of 745,000 XRP to three different unidentified addresses.

The transfers continued on Aug. 11, when the wallet sent a little more than 4 million XRP to another unknown address, rP4X…Kxv3.

It then moved 36,000 XRP to rP7j…8JvE on Aug. 12. The latest transfer of 50 million XRP to raRV…yNRf now stands as the largest transaction from the Ripple (50) address since it received the 150 million XRP.

After these transactions, the Ripple (50) address still held 158 million XRP at press time, as it had also received XRP tokens before the recent 150 million-token transfer.

Wallet Links Point Back to Ripple

Although raRV…yNRf is labeled as an unknown address, on-chain activity shows a connection to Ripple. The address received its activation from rP4X…Kxv3, which the Ripple (50) address activated in October 2023.

For context, the Ripple (50) address also sent one of its recent transfers to rP4X…Kxv3. The links between these wallets suggest that Ripple could be moving the XRP between related addresses before sending the funds to their final destination.

So far, raRV…yNRf has moved only 1 million XRP from the 50 million XRP it received. Notably, at 04:45 UTC on Aug. 13, it sent that 1 million XRP to a wallet with links to Binance, indicating a possible intent to sell. The address still holds the remaining 49 million XRP, which leaves the next movement of those tokens as something to watch.

XRP Stays Near Critical Support

The latest wallet activity comes as XRP trades at $1.0073 and remains under strong downward pressure. The token has recorded its lowest close since 2024 and continues to trade inside a descending wedge. Sellers have repeatedly rejected attempts to push XRP above the pattern’s upper trendline.

The $1.00-$1.015 zone has now become the key area for XRP. Holding this range could keep the price in consolidation, while a break below it could lead to a deeper decline. 

On the other hand, a move above $1.022 would mark the first important recovery signal and could open the way toward the $1.05-$1.07 resistance zone. A stronger move could then bring the $1.1796 level into focus.

XRP Daily Chart
XRP Daily Chart

Derivatives data still calls for caution. Aggregated open interest has risen to $986.48 million, while the long/short ratio stands at 3.095 and the funding rate is 0.0087. These figures indicate that a large number of traders hold long positions, which could increase liquidation risk if XRP breaks below support.

XRP also remains below its 20-day, 50-day, 100-day, and 200-day EMAs. The daily RSI has also fallen to 36.2, which puts it closer to oversold territory. However, it has not reached a level that would, on its own, confirm that selling pressure has run its course.

XRP Is Crashing—So Why Are Users Suddenly More Active?

Abdulkarim Abdulwahab
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XRP Is Crashing—So Why Are Users Suddenly More Active?

XRP network activity has increased sharply even as its price continues to fall, highlighting a widening gap between network activity and price performance.

According to analytics platform Santiment, XRP closed at about $1.00 on August 12, its lowest daily close since November 2024. That is about 69% below its January 2025 peak of nearly $3.30. Despite the price decline, existing XRP users have become significantly more active.

XRP Active Addresses Rise

Santiment data shows that XRP averaged about 35,700 active addresses per day in August, up from around 26,400 in July. That represents an increase of about one-third.

August 11 was particularly active, recording the highest number of XRP active addresses since June 5. However, XRP is not gaining many new users.

The average number of new addresses was about 2,260 per day in August, almost unchanged from July’s 2,270. This suggests that existing XRP users are becoming more active, while the network is attracting relatively few new users.

In short, XRP activity is rising, but its user base is not.

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Analyst Moves XRP Buy Target to $0.94

Meanwhile, the increase in network activity comes as XRP remains under pressure. XRP technical analyst Casi said she has moved her buy target to $0.94 while stressing that the goal is not to catch the exact market bottom.

“I’m Moving My Buy to $0.94,” Casi wrote, explaining that she wants her entire order filled rather than waiting for a perfect downside wick.

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The analyst continues to expect XRP could eventually fall to $0.87, which remains her main downside target. However, Casi believes there is enough technical alignment around $0.94 to justify entering a position there.

She outlined a scenario in which XRP drops toward $0.94, stages a relief rebound, and subsequently falls toward $0.87.

Road to Double Digits

XRP is currently trading at around $1.00, with growing risk of another drop below the key psychological level. Notably, the price dipped to $0.9915 two days ago before slightly recovering to $1.024. It has now dipped again, down 1.34% over the past day and 5.56% over the past month.

XRP price has plunged nearly 73% from its July 2025 all-time high of $3.66. Meanwhile, analyst ChartNerd says XRP is approaching a key long-term ascending support zone between $0.70 and $0.90.

Previous major corrections were followed by rebounds of 10X, 2.3X, and 6.9X. Accordingly, ChartNerd speculated that another rally could eventually push XRP toward $11.

Ripple Says XRP Is Reaching 100 Million Rakuten Users in Japan

Abdulkarim Abdulwahab
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Ripple Says XRP Is Reaching 100 Million Rakuten Users in Japan

XRP everyday payment utility is expanding in Japan through its integration with Rakuten, which has more than 100 million users.

In a recent episode of Ripple’s Onchain Economy, Yasuo Matsuda, Senior Analyst at Rakuten Wallet, explained how XRP has become part of Rakuten’s digital payment ecosystem.

Rakuten customers can use Rakuten Points to purchase XRP, convert XRP into Rakuten Cash, and subsequently spend it through Rakuten’s payment ecosystem.

XRP Becomes Easier to Use for Everyday Spending

Matsuda noted that the integration gives users a more seamless way to move from XRP holdings to everyday purchases.

Customers can convert XRP into Rakuten Cash and use the balance at participating Rakuten merchants and across Rakuten’s online marketplace. The ability to purchase XRP using Rakuten Points also lowers the barrier for users who may be hesitant to spend their own money on crypto.

Matsuda noted that Rakuten has more than 100 million members in Japan, representing a user base equivalent to roughly 80% of the country’s population.

That scale could give XRP significant exposure beyond traditional crypto users if even a fraction of Rakuten’s customers begin interacting with the asset.

Rakuten Wallet Highlights XRP’s Payment Role

Rakuten Wallet has offered XRP through margin trading since 2020, according to Matsuda. However, customers had repeatedly asked for access to spot XRP trading.

The subsequent addition of spot XRP has expanded its utility within Rakuten’s ecosystem, allowing users to move from XRP to Rakuten Cash and then use the funds for purchases.

Matsuda described XRP’s transaction speed as a characteristic that helps make blockchain payments more practical. On the other hand, stablecoins can address volatility concerns associated with crypto assets.

He suggested that the combination of fast blockchain payments and stablecoins could bring the financial industry closer to a broader transformation.

XRP and Stablecoins Could Open New Markets

Beyond payments, Matsuda pointed to tokenized real-world assets and security tokens as emerging markets that could be enabled by blockchain technology.

He argued that financial institutions, which historically took a defensive approach toward blockchain, are exploring opportunities to participate in new on-chain markets.

Matsuda also highlighted XRP’s liquidity and its longstanding focus on payments as potential advantages for transfers and trading.

The Rakuten integration, therefore, represents more than just another exchange listing. By connecting XRP with Rakuten Points, Rakuten Cash, and its payment network, the initiative creates a bridge between crypto ownership and everyday commerce.

Given Rakuten’s user base exceeding 100 million people in Japan, the development gives XRP one of its widest potential consumer-payment touchpoints in the country.

Shibburn Issues Multiple Security Warnings to Shiba Inu Community Amid Rising Crypto Hacks in 2026

Lele Jima
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Shibburn Issues Multiple Security Warnings to Shiba Inu Community Amid Rising Crypto Hacks in 2026

Shiba Inu community burn tracker Shibburn has issued multiple security warnings to SHIB holders, urging them to remain vigilant as scams, exploits, and misleading promotions continue to threaten cryptocurrency users in 2026.

The warnings cover several common scams, including malicious airdrops, attempts to steal private credentials, fraudulent investment promises, and promotional content presented as independent journalism.

Shibburn Warns Against Unexpected Airdrops

Amid the growing number of crypto exploits recorded in 2026, Shibburn cautioned the Shiba Inu community against interacting with unexpected airdrops. According to the burn tracker, scammers can use fake token distributions to lure users into interacting with malicious smart contracts.

These schemes can appear legitimate because unfamiliar tokens may arrive directly in users’ wallets. However, interacting with their associated contracts can expose users and their assets to security threats.

Therefore, Shibburn advised users to approach unexpected token distributions with caution instead of assuming that every airdrop represents a legitimate reward or opportunity.

Seed Phrases and Private Keys Warnings

Shibburn also reminded cryptocurrency users to never disclose their seed phrases or private keys.

The burn tracker emphasized that legitimate support teams will not request either credential. Since seed phrases and private keys provide direct access to cryptocurrency wallets, sharing them can allow scammers to take control of users’ assets.

Consequently, users should treat unsolicited requests for these credentials as a major warning sign, regardless of whether the request appears to come from an exchange, wallet provider, project team, or support representative.

Growing Security Risks in 2026

Shibburn’s warnings come as the cryptocurrency industry continues to experience major security incidents in 2026.

The year has already recorded DeFi exploits, exchange breaches, and a cold-storage failure. In one notable incident, the Coldcard exploit swept nearly $130 million worth of Bitcoin from wallets secured by Coldcard hardware devices.

Similarly, users of SecondFi wallets saw more than 16 million ADA drained. These incidents further highlight the risks associated with wallet security and interactions with potentially compromised systems.

Against this backdrop, Shibburn is encouraging users to exercise greater caution when managing their wallets, handling unsolicited transactions, and responding to security-related requests.

Shibburn Issues Other Warnings

In another warning, Shibburn urged the community to remain skeptical of anyone promising guaranteed returns from cryptocurrency investments.

The burn tracker stressed that crypto markets do not offer certainty. Therefore, users should treat claims of guaranteed profits as a potential warning sign and carefully evaluate investment opportunities before committing funds.

It also highlighted another potential source of misinformation: promotional content presented as independent journalism. Shibburn warned that not every crypto article represents independent reporting. Instead, some publications may be paid placements intended to promote a specific token, project, or narrative.

This warning comes as some members of the Shiba Inu community continue to promote rival projects. Shibtoken, an account that many users had believed was the official Shiba Inu X account, has also engaged in such promotions. As previously reported, the account promoted two rival projects on its handle and followed other competing projects on X, which some community members interpreted as endorsements.

SHIB Burn Activity Slows

Meanwhile, Shibburn’s latest data shows that burn activity has slowed. Only 2.03 million SHIB tokens, worth $9, were burned over the past 24 hours, causing the daily burn rate to decline by nearly 40%.

Despite the latest slowdown, 32.85 million SHIB have been destroyed over the past week, while the 30-day burn total has reached 3.34 billion tokens. At press time, Shiba Inu was trading at $0.000004478, with the token down 0.06% over 24 hours and 7.23% over the stated period.

Oracle Deal Lifts Bookings Outlook as Quantinuum bStock Surges

Albert Brown
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Oracle Deal Lifts Bookings Outlook as Quantinuum bStock Surges

Quantinuum shares surged on Wednesday after the quantum-computing company reported better-than-expected revenue, issued an above-consensus annual forecast and announced a multiyear partnership with Oracle.

Nasdaq-listed Quantinuum shares (QNT) were up approximately 22% at $68.30 during Wednesday trading, putting the stock on pace for its largest one-day percentage gain since its June market debut, according to Barron’s.

Quantinuum bStock (QNTB) also moved higher. QNTB trades around the clock on Binance Spot, so its rolling 24-hour return and market price can temporarily differ from the Nasdaq-listed shares.

QNTB is a tokenized security rather than a direct Quantinuum share. Binance says each bStock is backed 1:1 by the corresponding US-listed stock held by a regulated custodian.

Revenue and Outlook Beat Expectations

Quantinuum generated $8 million in second-quarter revenue, an increase of approximately 279% from the previous year and above Wall Street’s $7.6 million estimate.

The company reported an adjusted loss of $0.28 per share, matching analysts’ expectations.

Management forecast full-year revenue of between $28 million and $32 million. The midpoint of $30 million exceeded the approximately $26.5 million consensus estimate reported before the results.

Year-to-date bookings reached $81 million as of June 30. Following the Oracle agreement, Quantinuum now expects at least $120 million in bookings during 2026, according to Investor’s Business Daily.

Bookings should not be treated as recognized revenue. Quantinuum defines the metric as the aggregate value of customer contracts signed during a period, and the ultimate value can change because of contract modifications or terminations, according to its IPO prospectus.

Oracle Plans to Deploy Quantinuum’s Helios System

Under the multiyear partnership, Oracle plans to deploy a Quantinuum Helios quantum computer at an Oracle Cloud Infrastructure data center.

OCI customers are expected to access the system through Oracle’s cloud platform and combine quantum workloads with the company’s graphics-processing and high-performance computing infrastructure.

The arrangement places a Quantinuum system inside a major commercial cloud environment, potentially making its technology accessible to a broader range of enterprise customers.

Neither company disclosed the agreement’s financial terms or expected deployment date, Reuters reported.

Why Quantinuum Stock Is Surging

The rally reflects three main catalysts:

  • Quarterly revenue exceeded analysts’ expectations and nearly quadrupled year over year.
  • Full-year revenue guidance surpassed the previous Wall Street consensus.
  • The Oracle agreement lifted Quantinuum’s 2026 bookings forecast and strengthened the commercial case for its technology.

The results do not establish that the Oracle agreement has already generated recognized revenue. Instead, the deal expands Quantinuum’s contracted pipeline and provides evidence of demand from a major cloud provider.

Quantinuum remains an early-stage, loss-making company operating in a speculative industry. However, investors focused on its revenue growth, improved bookings outlook and the planned deployment of Helios within Oracle’s cloud infrastructure.

SK Hynix bStock Rises on Report Temasek May Invest in Korean Chipmakers

Albert Brown
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SK Hynix bStock Rises on Report Temasek May Invest in Korean Chipmakers

SK hynix bStock (tokenized stock) rose Wednesday after a report that Singapore’s state investment company Temasek may invest in SK hynix and Samsung Electronics lifted South Korean semiconductor shares.

SK hynix bStock (SKHYB) traded near $153.13 at the time of reporting.

SK hynix’s Nasdaq-listed American depositary receipts, trading under the SKHY ticker, gained approximately 3.4% before the US market opened. Its South Korean shares advanced 5.5%, while Samsung Electronics climbed 6.7%.

Temasek Investment Report Drives the Rally

The immediate catalyst was a report that Temasek is considering direct investments in SK hynix and Samsung Electronics.

Temasek reported a net portfolio value of S$518 billion, or approximately $401 billion, as of March 31. The company has identified semiconductors as one of five areas in which it plans to increase its exposure to artificial intelligence.

However, Temasek has not announced an investment agreement with either chipmaker.

The company also said it had not requested advice from the South Korean government regarding the timing of any investment. Temasek indicated that similar investment possibilities had been considered more than two years earlier.

The market is therefore reacting to an unconfirmed investment report rather than a completed transaction.

Optimism surrounding the two chipmakers helped South Korea’s benchmark KOSPI index rise approximately 3.7%.

SK Hynix Expands AI Memory Production

SK hynix’s long-term expansion plans provided an additional positive backdrop, although they were not newly announced Wednesday.

On August 7, the company approved 54.3 trillion won, or approximately $38.3 billion, in spending on semiconductor production facilities through 2031.

The investment includes:

  • 35.2 trillion won for the second phase of its Yongin semiconductor fabrication facility.
  • 19.1 trillion won for the M17 fabrication plant in Cheongju.

The Yongin facility will manufacture advanced DRAM products, including high-bandwidth memory used in AI servers. The M17 plant will focus on NAND flash memory used in data storage.

SK hynix is also reviewing additional shareholder-return measures, with further details expected during the third quarter.

Why SKHYB Is Rising

The strongest immediate explanation for SKHYB’s rally is the reported Temasek interest, which lifted both SK hynix and Samsung Electronics shares.

SK hynix’s leadership in high-bandwidth memory, expanding production capacity and possible additional shareholder returns strengthen the longer-term investment case. However, none confirms that Temasek will purchase shares.

SKHYB is backed one-to-one by SK hynix’s US-listed ADRs held through a regulated custodian. It provides economic exposure to SKHY but does not represent direct ownership of SK hynix shares or provide conventional shareholder rights.

Its displayed performance can differ temporarily from SKHY because Binance calculates returns over a rolling 24-hour period and operates a separate order book.

“XRP Is In, No Doubt” If Ripple Gets Elon Musk’s Attention, Says Chief Engineer

Abdulkarim Abdulwahab
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“XRP Is In, No Doubt” If Ripple Gets Elon Musk’s Attention, Says Chief Engineer

Ripple Head of Engineering J. Ayo Akinyele has sparked optimism that XRP could eventually be added to Elon Musk’s X platform.

The comments came after Akinyele received a $25 payment through X Money. While expressing appreciation on X, he asked Musk when RLUSD support might be added.

“XRP Will Be in”

An XRP community member replied that Akinyele should have asked for XRP support instead. Akinyele responded:

“Trust me—if we get Elon’s attention, XRP will be in as well. No doubt.”

The comment suggests that XRP could also benefit if Musk decides to support Ripple’s assets. Another X user, Pete Biggam, said X should consider adding both RLUSD and XRP, arguing that RLUSD would be useful and XRP would be a natural fit.

Notably, the discussion comes as X works to expand its payment and financial services. X Money is part of Musk’s plan to turn X into a financial platform offering payments and other services.

However, neither X nor Musk has signaled support for XRP or RLUSD.

Musk Has Mentioned XRP Before

Meanwhile, Musk has spoken about XRP in the past, making the possibility of XRP being integrated into X more interesting.

In October 2024, Musk was asked about XRP and whether cryptocurrencies could play a role in the future financial system. He mentioned XRP while discussing crypto as an alternative to centralized financial systems, but clarified that his comments were not an endorsement or rejection of XRP.

Musk has generally talked much more about Bitcoin—and especially Dogecoin—than XRP. Still, XRP supporters have been trying for years to get Musk’s attention on X, hoping it could eventually lead to XRP being added to the platform.

XRP and X Money Speculation Grows

The latest comments come as X continues to reshape its financial and creator ecosystem. X currently uses Stripe to pay eligible creators, with payments made every two weeks.

Now, X is working on a new Original Content Rewards program to replace its current Creator Revenue Sharing system.

For XRP holders, however, Akinyele’s comments remain optimistic speculation, not confirmation.

If Musk eventually approves RLUSD or XRP for X Money, it could give Ripple’s assets access to X’s huge global user base.

XRP Hits $1 Liquidity Pocket as $400M Open Interest Surge Raises Risk

Mark Brennan
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XRP Hits $1 Liquidity Pocket as $400M Open Interest Surge Raises Risk

XRP has now moved close to a major liquidity zone around $1 as open interest and funding rates continue to rise, raising downside risk.

Prominent crypto analyst CryptoInsightUK called attention to this structure and warned that heavy liquidity alongside growing leverage could lead to a sharp move in either direction.

Notably, bears have focused on this area for months, but XRP’s behavior after reaching it has made the next move difficult to predict.

XRP Reaches the Liquidity Zone Bears Have Targeted

CryptoInsightUK has followed the liquidity pocket around $1 for several months and has repeatedly pointed to the area as the main level drawing XRP lower. 

The analyst opened a large short position between $1.08 and $1.10 in July and kept it even after XRP nearly reached $1.18. He continued to expect XRP to sweep the large amount of resting orders around the psychological $1 level.

Most recently, XRP dropped to a low of $1.0015, just shy of the $1 mark, but CryptoInsightUK believes the liquidity sweep is already taking place. 

The analyst considers this the only truly large liquidity pocket on the chart, while smaller liquidity clusters remain above the current price. XRP has entered the zone but has not moved deeply into it, meaning further downside remains possible.

XRP $1 Liquidity Zone
XRP $1 Liquidity Zone | Source: CryptoInsightUK

Market Recording Weak Volume

Meanwhile, trading volume has remained low across major exchanges, including Binance and Coinbase, despite XRP dropping close to $1, a level that traders have watched for weeks. 

CryptoInsightUK pointed out that neither side has shown much conviction. Short sellers have not stepped in strongly enough to push XRP below $1, while buyers have also failed to provide strong support around the level.

In a more typical setup, short sellers would increase their positions around support in an attempt to trigger liquidations below it, while long traders would add positions to defend the area. 

This has not happened in a meaningful way here. Also, low spot volume suggests that leverage, not strong spot buying, has played a major role in XRP’s move into the liquidity zone.

XRP Open Interest Jumps Nearly $400 Million

Speaking further, CryptoInsightUK confirmed that the massive rise in open interest since XRP traded around $1.06 has become his main concern. 

Specifically, leveraged exposure measured in XRP has risen by 29%, adding about 188 million XRP to open contracts. Dollar-denominated open interest has also increased by roughly $166 million.

XRP Open Interest
XRP Open Interest

In total, open interest has grown by nearly $400 million over the past week. This increase has pushed overall positioning back toward the levels seen during the October 10, 2025 liquidation event. 

Previous major open-interest declines on XRP have occurred alongside price drops of 30% to 43% in open contract value. CryptoInsightUK sees these events as signs that large sell-off candles could follow.

Positive Funding Could Increase Downside Risk

Meanwhile, funding rates remain positive, suggesting that many of the new leveraged positions favor longs. If XRP turns lower, those positions could face liquidation and add more selling pressure. 

The market analyst called attention to the risk of a sharp downside wick toward $0.97, with $0.93 and even $0.85 possible on the daily chart if selling becomes more aggressive.

He sees two main outcomes after XRP completes the liquidity sweep. First, the price could make a sharp move lower similar to the Oct. 10 event, form a major low and then recover. On the other hand, buyers could step in unexpectedly and send XRP higher from the current area.

XRP Weekly RSI Hits Historical Cycle Lows

CryptoInsightUK currently favors the downside scenario because XRP has reached the liquidity zone while open interest has climbed without a matching increase in spot buying. 

This does not provide strong evidence of genuine accumulation. The analyst has therefore kept the short position open while watching $0.97 as a major level for determining whether sellers remain in control or a relief rally begins.

However, XRP’s weekly RSI gives bulls a reason for optimism. The indicator has moved close to historical cycle lows, and previous cycles have shown weekly RSI reach oversold levels before forming a higher low and starting a recovery. This pattern could support a bounce and makes the bearish outlook less certain.

Supermicro Stock Jumps Nearly 10% as $72 Billion Outlook Overshadows Revenue Miss

Albert Brown
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Supermicro Stock Jumps Nearly 10% as $72 Billion Outlook Overshadows Revenue Miss

Super Micro Computer shares surged in premarket trading Wednesday after the AI-server manufacturer reported a major earnings beat and issued a fiscal 2027 revenue forecast far above Wall Street expectations.

SMCI rose approximately 9.8% to $34.70 before the Nasdaq opened, compared with Tuesday’s closing price of $31.60.

Super Micro Computer bStock (SMCIB) traded near $32.03 at the time of reporting. The token had not yet fully reflected the premarket rally in the underlying shares.

Supermicro Earnings Beat Estimates Despite Revenue Miss

Supermicro reported adjusted earnings of $1.70 per diluted share for its fiscal fourth quarter, substantially exceeding consensus estimates of approximately $0.92 to $0.96.

Revenue reached $11.12 billion, below Wall Street’s estimate of approximately $11.55 billion. Nevertheless, sales increased 93% from $5.76 billion one year earlier.

According to Supermicro’s financial results, profitability improved considerably:

  • GAAP net income increased from $195 million to $1.18 billion.
  • GAAP diluted earnings rose from $0.31 to $1.62 per share.
  • Adjusted earnings increased from $0.41 to $1.70 per share.
  • GAAP gross margin improved from 9.5% to 17.5%.
  • Non-GAAP gross margin reached 17.6%.

Management attributed the revenue miss to temporary customer delays involving power, cooling and networking infrastructure. Some related revenue is expected to move into the first quarter of fiscal 2027.

The improved customer and product mix also helped Supermicro’s gross margin exceed its preliminary forecast of between 15% and 17%.

Fiscal 2027 Revenue Could Reach $72 Billion

Investors focused heavily on Supermicro’s exceptionally strong sales outlook.

The company expects fiscal 2027 revenue of between $65 billion and $72 billion, considerably above Wall Street’s average estimate of $52.5 billion.

At the midpoint of $68.5 billion, the guidance implies approximately 75% growth from the $39.1 billion generated during fiscal 2026.

Supermicro also expects first-quarter revenue of between $14.5 billion and $15.5 billion, compared with analysts’ previous estimate of approximately $11.8 billion. Adjusted earnings are forecast at $1.01 to $1.10 per share.

The guidance reflects strong demand for AI servers, liquid-cooling systems and complete data-center infrastructure as technology companies continue increasing spending on generative-AI capacity.

Supermicro Received More Than $60 Billion in New Orders

Supermicro entered fiscal 2027 with a record backlog after receiving more than $60 billion in new orders during the fourth quarter.

The distinction is important: the company did not disclose the backlog’s exact value. The $60 billion figure represents new orders received during the quarter rather than the reported backlog balance.

Supermicro has also warned that some of these orders may not constitute firm commitments and could be subject to delays, cancellations or unfulfilled contractual conditions.

The order volume still indicates substantial demand. However, investors will need to monitor how quickly Supermicro converts those orders into recognized revenue and cash flow.

Why SMCIB Lagged Behind SMCI

At $32.03, SMCIB was approximately 7.7% below SMCI’s $34.70 premarket indication. The token was also only about 1.4% above the stock’s previous closing price of $31.60.

The difference showed that SMCIB had not fully incorporated the premarket rally at that moment. Binance and Nasdaq operate separate order books with different levels of liquidity and investor participation, allowing temporary premiums or discounts to develop.

SMCIB is designed to provide economic exposure to Super Micro Computer shares, but it is a tokenized certificate rather than direct ownership of SMCI stock. Holders do not receive conventional shareholder rights.

What the Results Mean for Supermicro Stock

Supermicro’s Q4 report was not a complete beat because revenue fell short of expectations. However, the revenue miss was outweighed by significantly stronger earnings, recovering margins and a fiscal 2027 forecast that exceeded Wall Street estimates by a wide margin.

The results are fundamentally positive for SMCI and SMCIB. Still, achieving as much as $72 billion in annual revenue will depend on Supermicro converting its record order pipeline into completed deliveries while managing customer concentration, working-capital requirements and potential order cancellations.

The premarket rally reflects renewed confidence in Supermicro’s AI-server growth, but the company must now deliver against one of the most aggressive revenue forecasts in the hardware industry.

XRP 73% Crash May Be Setting Up Its Next Massive Rally: Is $11 Possible?

Abdulkarim Abdulwahab
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XRP 73% Crash May Be Setting Up Its Next Massive Rally: Is $11 Possible?

XRP price has fallen nearly 73% from its July 2025 all-time high, but analysts are pointing to signs that the coin may be entering a major bottoming phase.

On Tuesday, XRP briefly touched $0.9916, marking the first time it had traded below $1 since 2024. The latest cycle implies that XRP is now down 72.96% from its record high of $3.66.

Meanwhile, it had recovered slightly to around $1.01 at press time. On X, analyst Ali Martinez said the XRP price correction since last year has pushed XRP into deeply oversold territory, while fresh technical buy signals are beginning to emerge.

Analysts Watch Long-Term XRP Support

ChartNerd, who accurately called for XRP to fall below $1 in June, said the coin’s technical structure remains intact.

He pointed to XRP’s six-year ascending support floor, arguing that the current retracement is bringing the token toward a historically important reversal zone. ChartNerd highlighted the possibility of a “third retest” in the $0.70 to $0.90 range.

Previous instances of major corrections saw XRP rebound 10X, 2.3X, and 6.9X. Accordingly, ChartNerd speculates that another massive rebound could take XRP to $11, which is an 11X upside from the current level.

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“RIP to XRP Holders”

Meanwhile, commentator Crypto Rover viewed XRP’s drop below $1 negatively, saying, “RIP to XRP holders.”

However, ChartNerd argued that XRP has not broken its macro structure. He stressed that the current correction resembles previous 70%-90% drawdowns that eventually preceded major bull runs.

On the other hand, XRP YouTuber Moon Lambo also countered Crypto Rover’s post. He argued that XRP has survived much deeper challenges, including its collapse toward $0.10 after reaching around $3.30, as well as the SEC’s lawsuit against Ripple.

Moon Lambo maintained that XRP’s fundamentals are stronger than during previous crises, citing its legal clarity. In his view, XRP is in a bottoming phase and the worst may already be over.

Monthly Buy Signal Emerges on XRP Price

Earlier, Martinez highlighted that the Tom DeMark Sequential had flashed a buy signal on XRP’s monthly chart. Historical signals from the indicator have preceded major XRP reversals.

For instance, a buy signal in April 2020 was followed by a 1,074% rally, while another in August 2022 preceded a 973% surge. Conversely, an April 2025 sell signal came before a 57% decline.

Martinez said the latest signal could indicate another major shift from bearish to bullish momentum. He identified $1.06 as a key resistance level. On-chain data shows that nearly 3 billion XRP were transacted around that price, making a monthly close above it potentially significant.

A sustained move above $1.06 could open the path toward $1.35 and potentially $1.64, according to Martinez.

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