XRP
Why XRP is up 1.1% in the last hour
Analysis
XRP rose 1.1% over the past hour as traders reacted to renewed bullish commentary around XRPL activity, with U.Today highlighting a pro-crypto lawyer’s view that “XRPL millionaires” resurfacing could precede a stronger move. Sentiment also got a boost from U.Today reporting that SBI VC Trade has begun offering lending for XRP (alongside other major coins), a development that can improve perceived utility and demand.
Contributing Factors (2)
Bullish XRP Move Coming as XRPL Millionaires Resurface, Says Pro-Crypto Lawyer
Bill Morgan believes XRP will report notable gains in the coming months after new on-chain data reveals XRP millionaires resurfacing.
SBI VC Trade Giant Starts Lending XRP, SHIB, BTC: Here's Full List of Coins
SBI VC Trade expands the list of crypto that users can stake on it.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.