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XRP price stuck in a range as key network metric jumps and flips Solana

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xrp price

XRP price has gone nowhere in the past few days despite its key metrics, including its real-world asset tokenization and exchange-traded fund inflows continuing their uptrend.

Summary

  • XRP price remains in a narrow range this month.
  • The total value locked in its RWA network has jumped by over 20% in the last 30 days.
  • It jumped to $2 billion and crossed Solana’s $1.7 billion.

Ripple (XRP) token was trading at $1.4215 on Sunday, down by 15% from its highest level this month.

The ongoing XRP price consolidation is mostly because of the broader crypto market action, with Bitcoin and most altcoins being in a tight range. Bitcoin has barely moved in the past few days and has remained at around $68,000 in the past few weeks. Ethereum price has remained below $2,000.

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XRP network is doing well despite the ongoing crypto winter. For example, the developers recently launched the Permissioned DEX platform, which allows companies to participate in decentralized finance in a legally compliant manner. This launch happened after the recent launch of domains in the XRP Ledger network.

XRP price has also wavered despite the ongoing growth of its real-world asset tokenization ecosystem. The network’s total asset in the RWA industry jumped by 23% in the last 30 days to over $2 billion, higher than Solana’s $1.7 billion. It is also much higher than other networks like Polygon and Stellar.

Meanwhile, data shows that the spot XRP ETFs have continued gaining assets in the past few months. These funds have added over $48.5 million in assets this month, higher than the $15 million they added in January. In contrast, Ethereum and Bitcoin ETFs have continued to shed assets this month.

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XRP price technical analysis 

xrp price
XRP price chart | Source: crypto.news 

The daily timeframe chart shows that the XRP price has slumped in the past few months and is trading at $1.4230, much lower than the year-to-date high of $2.4180.

It has remained below the Major S&R pivot point of the Murrey Math Lines tool at $1.5625. Also, it has slumped below all moving averages and the Supertrend indicator.

The token also formed a gravestone doji candlestick on February 15. This doji is a common bearish reversal sign in technical analysis.

Therefore, the most likely forecast is bearish, with the next key target being the year-to-date low of $1.1200, its lowest level this year.

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Crypto World

Pi Network’s PI Token Plunges Again, Bitcoin (BTC) Stable at $68K: Weekend Watch

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BTCUSD Feb 22. Source: TradingView


In contrast, PIPPIN has become the top performer once again, rocketing by 17% daily.

Despite all the latest developments on the tariff front in the US, bitcoin’s price has remained relatively stable during the weekend, and continues to trade around $68,000.

Most larger-cap alts have produced little to no volatility as well over the past day, but some, such as Pi Network’s native token, have slipped once again.

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BTC Calm at $68K

Bitcoin marked some gains last weekend after it bounced from the then-low of $65,200. In just a few days, it jumped to almost $71,000 for the first time in about a week. This Sunday surge, though, came to an end as the business week began, and a few consecutive leg downs by the bears drove the asset down to $65,600 on Thursday.

It tried to rebound on Friday and Saturday again, as the bulls managed to take it to a local peak of $68,800. Interestingly, these minor gains came even after some controversial moves on the tariff front, a topic that has typically resulted in more volatility and price declines for BTC.

On Friday, the US Supreme Court ruled that many of Trump’s imposed tariffs were illegal. The POTUS was livid, calling the decision a “disgrace,” and quickly announced a global 10% tariff on top of the existing ones. On Saturday, he raised it to the maximum allowed of 15%.

Although bitcoin now trades below its weekend high, it’s still around $68,000. More volatility could be expected on Sunday evening when the futures markets open, similar to what happened several weeks ago during the EU tariff saga over Greenland.

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For now, though, BTC’s market cap stands at $1.360 trillion on CG, while its dominance over the alts is at 56.6%.

BTCUSD Feb 22. Source: TradingView
BTCUSD Feb 22. Source: TradingView

PI Declines (Again)

Pi Network’s first anniversary after the launch of its Open Network has not had any positive effect on the underlying asset’s price performance. PI is among the poorest performers in the past 24 hours, losing 6% of value and struggling below $0.165.

Other notable losers include ETC (-8%), ARB (-7%), and ENA (-7%). In contrast, PIPPIN has jumped by more than 17% to almost $0.60.

Most larger-cap alts are also in the red, albeit in a more modest manner. DOGE, ADA, and HYPE have lost the most value (around 3% each), while XRP, LINK, and CC are down by 1%. ETH, SOL, TRX, and BCH have marked insignificant gains.

The total crypto market cap has remained above $2.4 trillion on CG.

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Cryptocurrency Market Overview Daily Feb 22. Source: QuantifyCrypto
Cryptocurrency Market Overview Daily Feb 22. Source: QuantifyCrypto
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Vitalik Buterin Dumps Even More ETH as Prices Struggle Below $2K

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Vitalik Buterin Dumps Even More ETH as Prices Struggle Below $2K


Ethereum’s co-founder has been disposing of large amounts of ETH for several weeks now.

On-chain data from Arkham Intelligence and Lookonchain showed that Vitalik Buterin has resumed his selling spree of ETH with another multi-million dollar transfer.

The analysts explained that he had withdrawn another batch of 3,500 ETH (worth roughly $7 million at the time) from Aave with the likely intention to sell. At the time of the original post a few hours ago, he had already disposed of 571 ETH ($1.13 million).

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CryptoPotato has reported a few similar instances in February alone, in which on-chain data indicated that he had begun disposing of some of his ETH fortune. A February 5 report showed that the project’s co-founder had sold off 2,961 ETH ($6.6 million at the time) in just three days.

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A day later, Lookonchain informed that the total sales had grown to 6,183 ETH, which was valued at $13.2 million. The average exit price was $2,140.

Arkham Intelligence keeps a close eye on Buterin’s addresses, and a report from earlier this week noted that he still held more than 240,000 ETH, valued at around $467 million. However, that data was before today’s sell-offs.

Meanwhile, ETH’s price has been on a consistent downtrend for months. After it peaked at close to $5,000 in late August last year, it was violently rejected and ended 2025 at around $3,000. The late January/early February crash was brutal, pushing the asset to under $1,800.

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Although it has recovered some ground since then, Ether still struggles below $2,000. Popular analyst Ali Martinez outlined the formation of a bullish flag yesterday for ETH, but with a major catch: the chart was inverted, showing in reality that ETH could be primed for another correction to under $1,400.

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Bitcoin Miner Bitdeer Liquidates Entire BTC Treasury, Holdings Fall to Zero

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Bitcoin Miner Bitdeer Liquidates Entire BTC Treasury, Holdings Fall to Zero

Bitcoin mining firm Bitdeer has sold all of its corporate Bitcoin holdings, reducing its treasury balance to zero, according to the company’s latest operational update.

In its latest weekly report, Bitdeer disclosed that its “pure holdings,” excluding customer deposits, have fallen to 0 Bitcoin (BTC). The report shows the company produced 189.8 BTC during the period and sold the full amount, alongside an additional 943.1 BTC, which was liquidated from its existing treasury reserves.

In its earlier update on Feb. 13, the miner still held 943.1 BTC, selling 179.9 BTC out of 183.4 BTC mined that week, leaving its treasury intact despite routine sales of newly mined coins.

Bitdeer’s Bitcoin holdings drop to 0. Source: Bitdeer

Mining firms commonly sell a portion of production to fund electricity, hosting and equipment costs, but they also maintain a treasury balance to keep exposure to Bitcoin’s price appreciation. Fully liquidating reserves is less typical.

Cointelegraph reached out to Bitdeer for comment, but had not received a response by publication.

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Related: Bitcoin mining difficulty rebounds 15% as US miners recover from winter outages

Bitdeer announces $300 million convertible debt raise

On Thursday, Bitdeer’s shares fell sharply after the company announced plans to raise $300 million through a convertible senior note offering, with an option to expand the sale by an additional $45 million. The notes, due in 2032, can later be converted into company stock, cash or a mix of both.

The company, founded by former Bitmain co-founder Jihan Wu, said the funds will support data center expansion, AI cloud growth, mining hardware development and general corporate needs.

Bitdeer has also been expanding its self-mining operations as demand for its mining hardware weakens, increasingly using its own rigs to mine Bitcoin rather than selling them to customers.

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Related: Bitcoin miners chase 30 GW AI capacity to offset hashprice pressure

Bitcoin miners pivot to AI

On Friday, MARA Holdings purchased a majority stake in French computing infrastructure firm Exaion, moving deeper into artificial intelligence and cloud services. The deal gives MARA France a 64% ownership position while energy company EDF remains a minority shareholder and customer.

The transaction came amid a wider shift across the mining industry. Following the 2024 halving and tighter margins, several miners have adopted a hybrid model that combines Bitcoin production with AI and high-performance computing revenue.