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XRP Price Prediction: Ripple Supports Tokenization of $280M in Diamonds on XRPL

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XRP Price Prediction - SosoValue Chart

Ripple announced today that it will support Billiton Diamond and leading tokenization provider Ctrl Alt in tokenizing over AED 1 billion ($280 million) of certified polished diamonds held in the United Arab Emirates.

The XRP price prediction suggests this initiative could expand access to diamond investment through Ripple’s institutional-grade blockchain, the XRP Ledger (XRPL), potentially enabling the XRP token to resume its bullish trend toward $2.00 and beyond.

Reece Merrick, Ripple’s Managing Director for Middle East & Africa, emphasized the significance, saying that “the initiative shows how Ripple’s technology can bridge the gap between physical assets and the digital economy, utilizing our enterprise-grade custody solution to secure high-value diamond assets with unrivaled trust and security.”

$1.2B ETF Inflows Drive Institutional Demand

Beyond infrastructural expansion, the strongest argument for XRP in early 2026 remains growing institutional demand for Ripple’s token.

The most immediate catalyst is the substantial volume of capital absorbed by spot ETFs.

Since the debut of the first U.S. spot XRP ETF in November 2025, the institutional vehicle has attracted over $1.3 billion in cumulative inflows.

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XRP Price Prediction - SosoValue Chart
Source: SosoValue

This initial phase has functioned as a regulated mechanism that absorbed floating supply while maintaining continual demand for XRP.

Analysts suggest this sustained institutional buying pressure could drive a rapid recovery toward the $2.00 level once technical conditions improve.

XRP Price Prediction: Overhead Supply Targets $2.00 Breakout

The XRP daily chart reflects a market that remains under sustained corrective pressure, with price trading below all major moving averages and struggling to reclaim former support.

XRP is currently hovering around the $1.56 area after losing the critical $1.78 support, which now acts as a clear breakdown level.

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This loss of structure confirms that bearish momentum is still dominant, as price continues to print lower highs and lower lows.

XRP Price Prediction - XRP Price Chart
Source: TradingView

From a trend perspective, the 20, 50, 100, and 200-day EMAs are bearishly aligned overhead, reinforcing the idea that any short-term bounce is likely to face heavy resistance rather than evolve into a trend reversal.

The former support near $2.00 has flipped decisively into resistance, with additional overhead supply around $2.11 and $2.33, which align with prior consolidation zones and the descending moving averages.

A recovery toward these levels would require strong volume and a decisive daily close back above $1.78, which currently looks unlikely.

Momentum indicators also favor caution. The MACD remains in negative territory with a weak histogram, signaling that bearish momentum is still intact and that bulls lack conviction at current levels.

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While selling pressure has eased slightly, there is no clear bullish divergence yet to suggest an imminent trend change.

As long as XRP remains below $1.78, the downside risk persists, with price vulnerable to a deeper move toward the next major support near $0.70 if broader market weakness continues.

Maxi Doge Raises $4.5M To Capture Rotation Capital

If XRP reclaims $2.00 and resumes a bullish trajectory, presale projects like Maxi Doge (MAXI) could attract capital from investors pursuing high-ROI opportunities in alternative sectors.

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Maxi Doge represents an early-stage memecoin following the Dogecoin playbook that generated over 10x returns during the 2023-2024 breakout cycle.

The presale has established an alpha channel enabling traders to share strategies and ideas, mirroring community-building tactics from early Dogecoin that cultivated engaged holder bases.

The MAXI presale has raised over $4.5 million, offering participants 70% annual staking rewards at the current $0.000278 price point.

Interested investors can participate by visiting the official Maxi Doge website and connecting a compatible crypto wallet like Best Wallet.

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You can purchase $MAXI tokens directly using USDT, ETH, or a direct bank card for immediate access.

Visit the Official Maxi Doge Website Here

The post XRP Price Prediction: Ripple Supports Tokenization of $280M in Diamonds on XRPL appeared first on Cryptonews.

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Crypto.com Launches Standalone US Prediction Markets Platform OG

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Crypto.com Launches Standalone US Prediction Markets Platform OG

Crypto.com has spun out its prediction markets business into a standalone platform called OG, marking a fresh push into one of the fastest-growing corners of digital finance and putting it in direct competition with Polymarket and Kalshi.

Key Takeaways:

  • Crypto.com has launched OG as a standalone, US-only prediction markets platform built on its CFTC-regulated derivatives infrastructure.
  • The spinout follows explosive growth, with Crypto.com reporting 40x weekly increases in prediction market activity over the past six months.
  • OG enters an increasingly competitive market as major crypto and Wall Street players expand into event-based contracts.

OG, which went live this week, is powered by Crypto.com Derivatives North America (CDNA), a CFTC-registered exchange and clearinghouse affiliated with Crypto.com.

The company said the platform is currently available only to users in the United States, underscoring its focus on operating within the country’s regulated market structure.

Crypto.com Spins Out OG After Surge in Prediction Market Activity

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The decision to launch OG as a separate platform follows rapid growth in Crypto.com’s prediction market offerings.

The firm first entered the space in 2024 and rolled out a “sports event trading” product for US users in December of that year. According to co-founder and CEO Kris Marszalek, activity has surged since then.

“We’ve experienced 40x weekly growth in our prediction market business over the last six months,” Marszalek said, adding that the pace justified a dedicated platform rather than keeping the product bundled within Crypto.com’s broader ecosystem.

OG will be led by Nick Lundgren, Crypto.com’s chief legal officer, who takes on the role of CEO.

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Lundgren described prediction markets as a “deca-billion dollar industry,” pointing to rising interest from both retail users and institutional players.

Still, the field is becoming increasingly crowded. Coinbase launched a US-focused prediction market product in partnership with Kalshi in late January, while Hyperliquid recently outlined plans to expand into event-based markets.

The timing of OG’s debut reflects broader momentum across the sector. Prediction markets have grown from less than $100 million in monthly volume in early 2024 to more than $13 billion by the end of 2025, according to industry data.

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Combined volumes on Polymarket and Kalshi alone reached $37 billion last year, as Wall Street and crypto firms alike explore new uses for event contracts beyond online betting.

State Opposition to Prediction Markets Builds Over Consumer Concerns

State opposition to prediction markets has been building for months.

In 2025, the SWC urged the CFTC to prohibit sports event contracts, arguing that such products bypass state safeguards such as age verification, responsible gaming rules and anti-money laundering requirements.

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As reported, a new legislation to limit the interactions between government officials and the prediction markets is being supported by more than 30 Democrats in the US House of Representatives, including former Speaker Nancy Pelosi.

The lure behind new restrictions is a controversial Polymarket bet, which started as a bet of $32,000 but eventually became more than $400,000 shortly before the unexpected detention of Venezuelan President Nicolás Maduro.

The bill proposed by the New York Representative Ritchie Torres is the Public Integrity in Financial Prediction Markets Act of 2026.

The post Crypto.com Launches Standalone US Prediction Markets Platform OG appeared first on Cryptonews.

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Crypto.com Launches OG Prediction Market Platform

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Crypto.com Launches OG Prediction Market Platform

Crypto.com has spun out its prediction markets business, first launched in 2024, into a standalone platform called OG, competing with the likes of Polymarket and Kalshi. 

OG is powered by Crypto.com Derivatives North America (CDNA), a Commodity Futures Trading Commission-registered exchange and clearinghouse and affiliate of Crypto.com

OG said on Tuesday that it is only available in the United States for now.

Entering a ‘deca-billion dollar’ industry

Kris Marszalek, co-founder and CEO of Crypto.com, highlighted the firm’s growth in the prediction market space as the reason for launching a dedicated platform. 

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Crypto.com first announced the launch of a “sports event trading” product for US users in December 2024.

“We’ve experienced 40x weekly growth in our prediction market business over the last six months. This type of growth warrants a concerted effort with a standalone platform.”

Related: Polymarket strikes prediction market deal with major US soccer league

Nick Lundgren, chief legal officer of Crypto.com and new CEO of OG, described prediction markets as a “deca-billion dollar industry.” 

However, OG is entering a crowded space. Coinbase launched its own prediction market platform in the US in partnership with Kalshi in late January, while Hyperliquid proposed plans to expand into prediction markets on Monday. 

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Boom time for prediction markets

OG is debuting amid accelerating growth in prediction markets, with Wall Street exploring event contracts for new use cases beyond blockchain betting.

Prediction markets have seen 130-fold growth, from less than $100 million per month in early 2024 to over $13 billion by the end of 2025, according to International Banker. 

The combined volume for market leaders Polymarket and Kalshi was $37 billion in predictions placed in 2025, and the two platforms raised $3.6 billion in equity investment in 2025.

Meanwhile, prediction market firm revenues are expected to balloon from around $2 billion annually to over $10 billion by 2030, according to the Citizens Financial Group.

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Polymarket and Kalshi volumes, categories, and top markets. Source: DeFi Rate

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