XRP
Why XRP is up 1.4% in the last hour
Analysis
XRP rose about 1.4% over the past hour as traders reacted to news that SoFi has added XRP deposits, which can be interpreted as a step toward broader access and support for the asset despite user complaints about limited external wallet transfers. Additional Ripple/XRP headlines and updates circulating in the market may have reinforced positive sentiment in the near term.
Contributing Factors (2)
SoFi adds XRP deposits but users criticize lack of external wallet transfers
According to SoFi's support page, the crypto platform does not permit XR transfers to outside wallets.
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Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.