XRP
Why XRP is down 1.7% today
Analysis
XRP slipped 1.7% over the past 24 hours as traders focused on weakening on-chain activity, with CryptoNews noting transaction demand has fallen by about 90%, putting key support levels in focus. Regulatory headlines may have added caution as BeInCrypto reported Trump picked Jay Clayton—previously seen as a Ripple foe—for a top intelligence role, which could have weighed on sentiment.
Contributing Factors (3)
Japanese Giant Remixpoint Bets Big on XRP for 2027
Japanese energy consulting firm Remixpoint is doubling down on its aggressive corporate treasury strategy.
Trump Picks Former Ripple (XRP) Foe Jay Clayton for Top Intelligence Role
Trump nominates ex-SEC chief Jay Clayton, who sued Ripple over XRP, as Director of National Intelligence. Senate vote next. The post Trump Picks Former Ripple (XRP) Foe Jay Clayton for Top Intelligenc...
XRP Price Support in Focus: Transaction Demand Falls by 90% as Holders Eye Bottom
XRP price has started to stabilize, but its onchain activity has collapsed to levels not seen since before 2025. The post XRP Price Support in Focus: Transaction Demand Falls by 90% as Holders Eye Bot...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.