Connect with us
DAPA Banner

Crypto World

Is XRP Ready to Blast Off? 3 Signs the Ripple Bulls Are Back

Published

on

XRP Exchange Reserves on Binance


Here’s what signals that XRP’s bears might step back soon.

The latest market downtrend has not been kind to Ripple’s XRP, whose price slipped by nearly 25% over the past two weeks.

However, some key factors suggest the bulls may soon regain control.

Advertisement

Rally on the Way?

Last week, Ripple’s cross-border token fell to almost $1.10, its lowest point since November 2024. In the following days, it recovered from the sharp decline and currently trades at roughly $1.40, still well below the levels seen in previous months.

Certain elements, including the XRP exchange reserves, suggest that a further revival could be on the horizon. According to CryptoQuant’s data, the amount of coins stored on Binance recently fell to approximately 2.55 billion, the lowest mark since the beginning of 2024. As of this writing, the reserves on that particular platform stand at around 2.57 billion XRP, or quite close to the local bottom.

XRP Exchange Reserves on Binance
XRP Exchange Reserves on Binance, Source: CryptoQuant

This trend indicates that investors have been shifting from centralized trading venues to self-custody methods, which in turn reduces immediate selling pressure.

The spot XRP ETFs are the next bullish factor on the list. Recall that the first such product in the USA, which has 100% exposure to the asset, saw the light of day in November 2025. It was introduced by Canary Capital, whereas shortly after, Bitwise, Franklin Templeton, 21Shares, and Grayscale did the same.

The investment vehicles have seen solid demand, with total cumulative net inflows surpassing $1.23 billion. The last negative daily netflow occurred on January 29, meaning institutional investor appetite remains high.

Advertisement

You may also like:

Spot XRP ETFsSpot XRP ETFs
Spot XRP ETFs, Source: SoSoValue

Some technical setups also hint that XRP could make a decisive move to the upside soon. X user Niels spotted the formation of an “inverse head and shoulder pattern” on the token’s price chart. The configuration consists of three bottoms, with the middle being the lowest, and a “neckline” that connects the highs between the dips.

Analysts believe a breakout above the “neckline” could fuel a substantial pump. Niels, for instance, claimed that a jump above the $1.44 level might be that spark.

Something for the Bears

It is important to note that the environment of the broader crypto market remains predominantly bearish, so a renewed downtrend for many leading digital assets (including XRP) in the near future is not out of the question.

XRP’s Relative Strength Index (RSI) also suggests that the bulls may have to take another blow soon. The technical analysis tool measures the speed and magnitude of recent price changes and is often used by traders to identify potential reversal points.

It ranges from 0 to 100, and readings above 70 signal that the asset is overbought and due for a pullback. In contrast, anything below 30 is considered a buying opportunity. Data shows that XRP’s RSI currently stands at around 72.

Advertisement
XRP RSIXRP RSI
XRP RSI, Source: RSI Hunter
SPECIAL OFFER (Exclusive)

SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Franklin Templeton Expands Crypto Arm With CoinFund Deal

Published

on

Franklin Templeton Expands Crypto Arm With CoinFund Deal

Global asset manager Franklin Templeton is set to expand its crypto footprint by acquiring a spinoff of the crypto-native investment firm CoinFund.

Franklin Templeton said Wednesday it plans to acquire 250 Digital, a CoinFund spinoff that runs liquid crypto investment strategies, expanding the asset manager’s digital asset business. The deal will form part of a new unit called Franklin Crypto once it closes.

The move follows CoinFund’s decision earlier this year to spin out its liquid strategies business into 250 Digital as the company sharpened its focus on venture investing.

Christopher Perkins will lead the new Franklin Crypto, and Seth Ginns will serve as chief investment officer alongside Franklin Templeton digital assets veteran Tony Pecore, as the company broadens its crypto investment platform for institutional clients.

Advertisement

The deal will incorporate BENJI tokens, which represent ownership shares in the Franklin OnChain US Government Money Fund (FOBXX), a regulated money market fund tokenized by Franklin Templeton in 2021.

Acquisition involves all liquid strategies previously run by CoinFund

Franklin said the undisclosed transaction includes the 250 Digital investment team and all liquid cryptocurrency strategies previously run by CoinFund, and that it will also invest in those strategies as part of the agreement.

The transaction is expected to close in the second quarter of 2026, subject to the execution of definitive transaction agreements, client consents and other customary closing conditions.

Source: Franklin Templeton Digital Assets

Franklin Templeton’s digital asset arm manages around $1.8 billion in assets and is a major institutional player in the crypto industry, where it has been building a presence since 2018.

The company is known for being one of the first to launch a US-listed spot Bitcoin ETF alongside other major asset managers such as BlackRock in 2024.

Advertisement

Related: Franklin Templeton, Ondo to launch tokenized ETFs with 24/7 trading via crypto wallets

The acquisition comes during a prolonged slump in the crypto market, with Bitcoin down around 45% from its peak above $126,000 recorded in October 2025.

However, Franklin Templeton says the environment is attracting talent and creating opportunities to build long-term infrastructure.

Franklin’s head of innovation, Sandy Kaul, told The Wall Street Journal the recent market selloff helped create an opening to expand.

Advertisement

“This big selloff that we had in the crypto markets is creating a very unique opportunity that really made us all decide that this is the right time to pull the trigger,” Kaul said.

Magazine: A newbie’s guide to surviving crypto winter