XRP
Why XRP is up 1.4% in the last hour
Analysis
XRP rose 1.4% over the past hour as traders reacted to news that SoFi has added XRP deposits, a development that can be read as incremental support for access and demand even as users criticized the lack of external wallet transfers. Additional Ripple/XRP updates circulating in a daily news roundup may have helped keep sentiment constructive 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.
Ripple (XRP) News Today: April 21
New partnership, whale activity, and more: here are the most interesting and latest developments surrounding Ripple's ecosystem.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.