XRP
Why XRP is up 1.4% in the last hour
Analysis
XRP rose about 1.4% over the past hour as sentiment improved following reports that the XRP Ledger hit all-time highs in key network metrics, aligning with Ripple’s institutional adoption narrative. That constructive on-chain backdrop likely helped offset lingering caution from earlier volatility, including a reported rapid $70 million sell-off that weighed on price recovery.
Contributing Factors (3)
XRP Ledger Reflects Ripple's Institutional Adoption Strategy as It Hits All-Time High in Key Metrics
XRP Ledger perfectly encapsulates the fundamental growth of the network.
XRP Sees $70 Million Sell-Off in Seconds as Price Struggles to Recover
XRP continues to plunge as large token offloads continue to fuel selling pressure. The asset saw over $70 million worth of its token dumped on Bybit.
Ripple may be building for banks, but XRP still down 20% – Why?
Custody upgrades and stablecoin clarity are yet to move the price.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.