Shocking XRP News: Is the Crypto World in a Tailspin or Just Spinning Its Wheels?

Ah, dear reader, let us delve into the curious case of XRP, a digital asset that has witnessed a most considerable decline, akin to a noble steed tripping over its own feet. Despite such misfortunes, the curiosity and passion surrounding this peculiar currency-and its progenitor, Ripple-remain as fervent as ever.

In the lines that follow, we shall meander through the latest and most captivating tidbits from the Ripple universe, where the winds of fortune seem to blow hither and yon.

Investors Want In?

Just last week, the grand affair known as XRP Community Day unfolded, gathering an assortment of executives, enthusiasts, and developers, all eager to ponder the future of XRP. It was a veritable gala of discussions on institutional adoption and the virtues of Ripple’s endeavor, reminiscent of a salon soirée where everyone pretends to be deeply interested in the newest philosophical treatise.

Among the attendees was the esteemed Rayhaneh Sharif-Askary, who, with all the gravitas one could muster, revealed that clients incessantly inquire about XRP. One might imagine these advisors like beleaguered waiters at a bustling restaurant, constantly asked for “the special” that seems elusive and ever-changing. In a twist of fate, XRP often plays second fiddle to Bitcoin in these conversations, a position both enviable and precarious.

Grayscale, a name that rings bells in the corridors of finance, launched a spot XRP exchange-traded fund (ETF) with all the pomp and circumstance of a royal proclamation late in 2025-just after Canary Capital had stolen their thunder in the United States market.

The investment vehicle, affectionately dubbed GXRP, initially attracted a veritable flood of enthusiasm, with daily inflows once cresting over $30 million. Yet, as is often the case, the tides have turned, and negative outflows are now the order of the day-a true testament to the fickle nature of investor sentiment!

RLUSD Outperforms USDC on This Front

Enter RLUSD, Ripple’s stablecoin, which made its debut in December 2024, much like a new star on the horizon, rapidly gaining favor among exchanges and venerable institutions, including the venerable BNY Mellon-one might say it’s achieved a level of acceptance only dreamed of by mere mortals.

This year saw the London-based fintech company LMAX Group join forces with Ripple, integrating RLUSD into its trading infrastructure-one can only imagine the backroom deals and shrewd negotiations that must have taken place! The token has garnered a market cap exceeding $1.5 billion, a feat that deserves a round of applause, especially when compared to the more languorous growth of Circle’s USDC.

XRP Price Outlook

Ah, but now we come to the heart of the matter-the price of Ripple’s native cryptocurrency, which has danced like a butterfly caught in a tempest. Over the past week, it has swung between $1.35 and $1.66, currently resting at approximately $1.45, embodying a daily decline of 2%-such is life in the world of crypto!

One must take note of the recent surge to a local high, a fleeting moment of glory quickly snuffed out. Analysts like Ali Martinez have likened the candle closure to a gravestone doji, a form worthy of study in any fine institution of learning. For those unacquainted with such jargon, suffice it to say it resembles an upside-down “T”-an ominous portent indeed! Martinez warns that the last time this pattern graced the weekly chart, XRP plummeted by a staggering 46%-a lesson in caution, if ever there was one.

Yet, amidst the shadows, some analysts maintain a hopeful outlook. X user BitGuru posits that XRP may be emerging from a prolonged descent, striving valiantly to reclaim the vaunted support level of $1.50. Should fortune smile upon it, a recovery to the realms of $1.80-$2 could be within reach, much like a dream of yesteryear resurfacing in the mind of a wistful poet.

Read More

2026-02-17 15:50