Ripple’s ongoing legal challenges and a significant $439 million XRP transfer have triggered a sharp wave of long liquidations, shaking the crypto market and spotlighting XRP’s vulnerability. The rejection of
Cryptocurrency onchain data revealed that whale wallets made a large number of Bitcoin and altcoin transactions today. According to the data, a major crypto whale deposited $20 million worth of USDC stablecoin into decentralized cryptocurrency exchange Hyperliquid and used $5.97 million of that to purchase the exchange’s HYPE token. The whale wallet purchased a total of 165,366 HYPE, paying an average of $36.08 for each token. At the time of writing, the HYPE price is trading at 36.04, almost at the level where the whale wallet made the purchase. Related News: JUST IN: Donald Trump Does It Again, Delivers Another Surprise on Tariffs On the other hand, another crypto whale withdrew 600 BTC worth a total of $64.22 million via Binance. This whale had purchased 2,500 BTC from Binance over the past month and transferred it to his cold wallet. The whale, who paid a total of $267.77 million, is currently at a loss of $2.18 million. Finally, the third crypto whale withdrew 5,190 ETH worth $12.57 million from Binance in the last 36 hours and deposited them to the Aave V3 platform after a 7-month dormant period. *This is not investment advice. Continue Reading: Whales Are Active Today: They Made Massive Bitcoin and Altcoin Transactions
Chainlink (LINK) ended its latest session in a holding pattern, with indecisive candles and choppy intraday action pointing to a lack of clear direction. Traders now look to Bitcoin’s next move for guidance; any meaningful shift in BTC dominance could quickly tilt LINK’s price action. Until the market leader shows its hand, LINK remains on standby, hovering near key support while waiting for a decisive cue. Falling Wedge Holds The Key To Chainlink Next Big Move In a recent X post, CRYPTOWZRD provided an update on Chainlink’s daily technical outlook, noting that the daily candles for both LINK and LINKBTC closed indecisively. This indecision reflects uncertainty in the market as traders await clearer direction. The lack of a strong trend suggests a pause before the next significant move. Related Reading: Chainlink Bears Push Toward $12.50 As Weekend Volatility Looms The analyst highlighted that LINKBTC is currently forming a falling wedge pattern, which is generally considered a bullish formation, especially when it appears in oversold conditions. He stressed that a breakout from this wedge is essential for Chainlink to trigger the next impulsive move upward, signaling a potential shift in momentum. CRYPTOWZRD explained that this breakout is more likely to occur once Bitcoin dominance begins to decline. As Bitcoin’s grip loosens, altcoins like LINK tend to gain strength and follow suit. Therefore, monitoring Bitcoin dominance will be key in anticipating LINK’s next move. Regarding support levels, CRYPTOWZRD identified $12.50 as the critical next support target. A strong reversal from this point could ignite a rally toward the $16 resistance level or higher. This level will serve as a crucial testing ground for bullish momentum. He concluded by mentioning that his focus remains on lower-timeframe charts to identify quick scalp opportunities. While the broader trend is developing, CRYPTOWZRD is looking to capitalize on shorter-term movements, keeping a close eye on price action and volatility. Choppy Intraday Action Keeps Bulls Cautious Wrapping up the analysis, the analyst highlighted that LINK’s intraday chart remained sluggish and choppy, offering little in terms of clear directional bias. A possible retest of the $12.85 support level—or even a minor dip below it—could still present a bullish reversal opportunity, potentially paving the way for a push toward the $14.40 resistance target. Related Reading: Chainlink Holders Set Record As 1-Yr MVRV Signals ‘Opportunity’ However, the analyst warned that if Chainlink holds below the $12.85 level, it could slip into prolonged sideways movement. This uncertain behavior will likely hinge on Bitcoin’s overall market direction, which continues to heavily influence altcoin performance. With no clear trade setup currently in play, the analyst concluded that it’s best to remain patient for a cleaner structure to emerge before making any decisive moves. Featured image from Adobe Stock, chart from Tradingview.com
The 2025 crypto market is shaping up to be one of the most dynamic in recent years, with a mix of renewed momentum for established tokens and a clear appetite for early-entry opportunities. While Ethereum, XRP, and Shiba Inu remain top choices for seasoned traders, a growing segment of investors is beginning to shift focus toward a new entrant — MAGACOIN FINANCE that’s quickly becoming difficult to ignore. Why Analysts Are Quietly Watching MAGACOIN FINANCE While Ethereum, XRP, and SHIB maintain their place on the leaderboard, MAGACOIN FINANCE is emerging as the token that early-stage investors are seriously tracking. Its unique model, scarcity-aligned mechanics, and growing demand from informed buyers have positioned it as more than just a passing narrative — it’s becoming a force of its own. Analysts note that previous phases sold out rapidly, and new rounds have shown strong momentum from both retail and seasoned traders. It’s not being discussed in the usual hype cycles — instead, it’s being studied, researched, and accumulated. The appeal lies in its timing, design, and sharp focus on strategic growth — all of which are drawing capital from those who’ve profited from ETH, XRP, and SHIB in previous cycles. Ethereum’s Evolution Sparks Portfolio Diversification Ethereum continues to serve as the foundation for most of the decentralized world. Its widespread adoption across DeFi, NFTs, and enterprise infrastructure remains unmatched. Yet despite its strength, some investors are rotating a portion of their portfolios into newer projects in search of faster potential gains. XRP Eyes Institutional Flow, But Traders Look Elsewhere for Early Multiples With legal clarity finally taking shape and institutional recognition growing, XRP is regaining serious attention. Analysts view the asset’s ETF potential as a long-term bullish driver, and its presence in major financial discussions has never been more prominent. Shiba Inu’s Sentiment Rebounds as Retail Reengages Shiba Inu is no stranger to viral attention and speculative waves. As market conditions improve and retail engagement begins to recover, SHIB has seen renewed inflows from traders capitalizing on its deflationary token dynamics and ecosystem evolution. Final Thoughts Ethereum, XRP, and Shiba Inu continue to shape the top of the crypto landscape, offering various entry points for investors with different risk appetites. Yet the attention forming around MAGACOIN FINANCE signals a shift — not away from the legacy giants, but toward complementing them with a rising token that speaks directly to today’s momentum-driven strategy. As the cycle matures and investor behavior sharpens, those watching closely know the difference between following trends and positioning ahead of them. For more information, please visit: Website: magacoinfinance.com Exclusive Access: magacoinfinance.com/entry Continue Reading: Ethereum, XRP, and Shiba Inu Investors Notice Increasing Attention on One Emerging Crypto
A mysterious transfer of 30 million XRP, valued at over $63 million, has just shaken the blockchain. Reported by crypto analyst XRP Governor on X, the post quickly drew market-wide attention: “30,000,000 $XRP just moved, destination unknown. This isn’t random. Big money moves = big plays incoming. Buckle up.” With no clear recipient wallet and no immediate signs of exchange-related activity, traders are asking a single question: What’s coming next? Whale Alert Triggers Market Speculation The transaction, confirmed by blockchain trackers like Whale Alert, shows 30 million XRP departing from Upbit, a major South Korean crypto exchange, and heading to an unidentified wallet. 30,000,000 $XRP just moved — destination unknown. This isn’t random. Big money moves = big plays incoming. Buckle up. pic.twitter.com/1NfwjKeql5 — XRP Governor (@xrpgovernor) June 27, 2025 These kinds of movements typically hint at strategic activity rather than routine trading. Unlike transfers to known exchange wallets, which often precede sell-offs, this one appears to move tokens into cold storage or private custody, a sign often associated with accumulation or preparation for high-value operations. Large transfers of this magnitude rarely go unnoticed , especially within a community as active and engaged as XRP’s. Traders and analysts alike have begun speculating that the transfer could be tied to behind-the-scenes institutional moves, liquidity provisioning, or potential integrations involving enterprise-grade use cases. In similar past instances, such shifts have preceded upward momentum in price. XRP Price Holds Firm Above $2 As of today, XRP is trading at approximately $2.11, maintaining steady support after a recent surge. The token briefly touched $2.14 earlier in the day before retracing to a low of $2.07. Despite short-term fluctuations, the broader chart signals resilience. XRP has been consolidating just above the $2 mark for several weeks, forming a base that many traders interpret as a launchpad for the next leg upward. Technical indicators are also aligning in XRP’s favor. Moving averages are tightening, and trading volume remains elevated, especially on Korean exchanges like Upbit, where XRP has even outpaced Bitcoin in 24-hour trading activity. This surge in interest suggests growing confidence among investors, likely driven by expectations of major market developments in the near term. Institutional Interest and ETF Momentum Beyond price action and whale movements, XRP continues to benefit from a broader wave of institutional curiosity. In recent months, several financial firms, including Grayscale , Bitwise, and WisdomTree, have moved to position themselves for a potential XRP spot ETF . While regulatory approvals remain pending, the very fact that XRP is included in multiple filings speaks volumes about the market’s shifting perception of its legitimacy and long-term utility. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 As a digital asset tailored for fast, low-cost payments and liquidity on demand, XRP is naturally positioned for enterprise-level adoption. This reputation is helping attract the attention of traditional finance, which increasingly views blockchain as a viable infrastructure for remittances, forex, and settlement. What Comes Next? The 30 million XRP transfer could be the opening move in a much larger play. Whether it’s part of a major OTC deal, a new liquidity arrangement, or preparation for future ETF flows, the implications are significant. Market watchers know that large sums don’t move without a reason. And given the strength XRP has shown in price and adoption trends, the next major development could happen sooner than many expect. As XRP Governor put it, this isn’t random. Big money is making its move, and the rest of the market is advised to buckle up. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post 30 Million XRP Just Moved. Pundit Says Buckle Up, Big Plays Incoming appeared first on Times Tabloid .
Daily TRON transactions nearly doubled, driven by revived user activity and increased fee utility.
President Donald Trump announced that the US would immediately end negotiations with Canada in response to the country’s digital services tax on technology companies. Trump immediately suspended trade negotiations with Canada in retaliation for the country’s digital services tax targeting tech firms. Calling the measure a “direct and blatant attack” on the US, Trump announced the decision via a post on Truth Social. He emphasized that the tax was unfair and justified the termination of discussions. Trump added that Canada would be noti fied within a week about the tariffs it will be required to pay to continue trading with the US. Trump’s move on Canada raises debate among individuals During trade negotiations with other countries, Trump had frequently denounced Digital Service Taxes (DSTs), referring to them as “non-tariff trade barriers.” Canada has a new DST, scheduled to come into force on Monday, June 30, and will be retroactive to 2022. DSTs allow countries to impose taxes on online services, unlike taxes that are applied to physical goods. Countries with such taxes can collect revenue from big companies that do business online, even if the business is unprofitable. DSTs particularly target American companies , especially giant technology firms like Meta, Apple, Google, Amazon, and Microsoft, according to the nonpartisan Congressional Research Service analysis published last year. Ending the negotiations — which have gone on for months — raised individual debates. Critics of the Trump administration have pointed out that this move demonstrates a rising threat to global trade , further burdening the sector and putting pressure on industries like automobiles, agriculture, and energy. They have also predicted that retaliatory tariffs are likely on the way, meaning small and mid-sized businesses and supply chains will be the first to feel the impacts. In the meantime, markets are holding steady for now, but the uncertainty is growing, and a further escalation in tensions could change people’s feelings about the situation. The question that runs in almost everyone’s mind is: “Will this lead to a bigger conflict over technology and tariffs, or will it bring them back to negotiations?” Trump describes DSTs as an unfair act against the US Earlier this year, President Trump ordered his top trade official to resume trade investigations on tariffs on products imported from countries that charge digital service taxes on American tech firms. A White House official described the order, saying Trump told his administration to explore countermeasures such as tariffs against DSTs, fines, practices, and policies from foreign countries that target American companies. Based on the official’s statement, President Trump will not permit foreign governments to take advantage of America’s tax system for their own gain. The memo instructed the US Trade Representative’s office to restart investigations into digital service taxes that began during Trump’s first term. Moreover, it required the representative to look into other countries that impose a digital tax to unfairly target US companies, as mentioned in a fact sheet from the White House. Notably, countries including Britain, France, Italy, Spain, Turkey, India, Austria, and Canada have implemented taxes on the revenue generated by digital service providers operating within their borders. “What they are doing to us in other countries is terrible with digital,” Trump said to reporters before signing his memo. He previewed the move, saying he would impose tariffs on goods from Canada and France because of their digital service taxes. At the time, a White House fact sheet said each raised more than $500 million annually in DST revenues, with worldwide levies topping $2 billion. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Key takeaways : Dogwifhat’s price prediction for 2025 suggests a maximum price of $1.78. WIF could reach a maximum price of $3.54 by the end of 2028. By 2031, WIF’s price may surge to $5.75. Remember Dogecoin and Shiba Inu? The popular dog-themed memecoins! Dogwifhat (WIF) is another dog-inspired memecoin built on the Solana blockchain. Despite being relatively new on the market (launched in November 2023), the “dog wif a hat” project saw remarkable success post-launch. Following the exchange listing of the token on Binance and the popular “Sphere Wif Hat” campaign that led to the crowdfunding of over 690,000 USDC, the value of WIF surged, temporarily usurping PEPE coin in late March 2024 to rank as the 3rd largest memecoin behind Dogecoin (DOGE) and Shiba Inu (SHIB). Having no utility, the success of Dogwifhat (WIF) has birthed other spinoffs, Catwifhat, Simbawifhat, Wenwifhat, and Bonkwifhat, with more hat-wearing dog memecoins hitting the market afterwards. Dogwifhat has thus far recorded significant feats in terms of valuation and exchange listing. The token approached the $5 mark on March 31, 2024 ($4.58B market cap), saw massive price movements after the November U.S. elections, and got listed on Binance US, Coinbase, KuCoin, Robinhood, and more. However, a massive bear market ensued, and WIF lost momentum. Leaving investors asking: How high can dogwifhat crypto go? Let’s explore the current market sentiments and the possibilities of WIF reaching new all-time highs (ATHs). Overview Cryptocurrency Dogwifhat Ticker WIF Current price $0.773 Market cap $772.14M Trading volume $252.5M Circulating supply 998.84M WIF All-time high $4.85 on (March 31, 2024) All-time low $0.000023 (November 2023) 24-hour high $0.8019 24-hour low $0.7528 Dogwifhat price prediction: Technical analysis Metric Value Volatility (30-day Variation) 11.53% 50-day SMA $0.9367 14-Day RSI 43.15 Sentiment Neutral Fear & Greed Index – Green days 13/30 (43%) 200-Day SMA $1.169 Dogwifhat (WIF) price analysis TL;DR Breakdown The daily candle shows a bounce, but broader momentum remains bearish. $0.732 and $0.635 are supports to watch. Dogwifhat price analysis 1-day chart: WIF holds above support, but faces strong resistance On the WIF daily timeframe analysis for June 27, the coin remains above the local support zone at $0.732. However, upside remains limited with heavy resistance looming at $0.826 and more firmly at $0.900. The Chaikin Money Flow (CMF) reads -0.06, indicating a mild capital outflow and lack of sustained bullish conviction. The series of lower highs still holds, and until the price closes above $0.826, the broader trend stays tilted to the downside. WIF holds above support, but faces strong resistance Dogwifhat price analysis 4-hour chart: Buyers attempt recovery but face SMA resistance The 4-hour chart for WIF/USDT reveals a sluggish attempt by bulls to regain control after a recent downturn. Price is trading at $0.769, modestly above the recent low, but it remains below the 20-period simple moving average (SMA), which is acting as dynamic resistance around $0.799. Buyers attempt recovery but face SMA resistance The MACD is still in negative territory, though the histogram is narrowing, suggesting bearish momentum is slowing down. The Balance of Power (BoP) is notably positive at 0.69, signaling that buying strength is creeping in despite the overall sideways price action. However, a clear break above the SMA and $0.780 would be necessary for bulls to flip short-term momentum convincingly. Dogwifhat technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $0.6593 BUY SMA 5 $0.7227 BUY SMA 10 $0.7558 BUY SMA 21 $0.8307 SELL SMA 50 $0.9367 SELL SMA 100 $0.7365 BUY SMA 200 $1.1697 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $0.8455 SELL EMA 5 $0.8304 SELL EMA 10 $0.7391 BUY EMA 21 $0.6319 BUY EMA 50 $0.6406 BUY EMA 100 $0.9174 SELL EMA 200 $1.3446 SELL What to expect from WIF price analysis? Unless WIF breaks above $0.799 on the 4-hour and $0.826 on the daily, expect range-bound movement with a slight bearish bias. A hold above $0.732 could delay further downside, but upside potential remains capped unless stronger buying returns. Is Dogwifhat crypto a good investment? Dogwifhat (WIF) is a highly speculative meme coin fueled by online culture and community enthusiasm rather than fundamental utility or innovation. While it may present short-term opportunities for high-risk traders during bullish market sentiment, its long-term investment value remains questionable. With no clear roadmap, technical use case, or underlying utility, WIF’s price is largely driven by social media trends and investor speculation. For cautious or long-term investors, it poses significant risk and should only be considered in minimal portfolio allocations. Ultimately, dogwifhat is better suited for speculative play than strategic, utility-based crypto investing grounded in strong fundamentals. Where to buy WIF? Currently, traders and investors can buy Dogwifhat (WIF) on these CEXs: Binance, Binance.US, Raydium, Coinbase Exchange, Gate.io, KuCoin, Kraken, Crypto.com Exchange, MEXC, HTX, Bybit, Bitget, LBank and several other s . Will WIF reach $10? Having reached a peak price of $4.85 in 2024, the $10 target might not be too far-fetched. Can Dogwifhat reach $100? Dogwifhat (WIF) reaching $100 is highly ambitious and could be unlikely. Its market must be at least $99.9 billion – a value that exceeds the highest market cap ever for a meme (Dogecoin) at $88.79 billion. DOGE’s marketcap history | GlobalData Does WIF have a good long-term future? WIF has the potential for a good long-term future if it continues to gain popularity and adoption. Analysts project a market price of about $1.5 by the end of 2025 and about $3.4 to $4.2 by 2031. However, as with all meme coins, WIF’s future is uncertain and highly dependent on market trends and community support. Recent news/opinion on WIF Bithumb announces the listing of the $WIF/KRW trading pair . 📢 New Listing 🚀 도그위프햇( #WIF ) 원화 마켓 추가 안내 🚀 $WIF /KRW will be listed on #Bithumb ! 🔸 Details : https://t.co/Ats5M37RvU #Bithumb #WIF @dogwifcoin pic.twitter.com/vcc8SKZzG4 — Bithumb (@BithumbOfficial) June 10, 2025 $WIF Token Now Live on Memecoin.io – Play, Bet & Win with Dogwifhat Ⓜ️ New Token Listing Announcement! We just got a lot more cozy woof. 🐶🧢 $WIF – The dog with hat just joined the table. @dogwifcoin holders can now Play, Bet & Win using $WIF Start playing with $WIF now – https://t.co/GFU54uEOPV pic.twitter.com/ybqoAJegWJ — Memecoin.io (@memecoindotio) May 26, 2025 Dogwifhat price prediction June 2025 If the bulls back WIF, the token could reach as high as $1.07 in June. Traders can expect an average trading price of $0.80 and a minimum price of $0.69. Dogwifhat price prediction Potential Low ($) Average Price ($) Potential High ($) WIF price prediction June 2025 0.69 0.80 1.07 Dogwifhat price prediction 2025 Impactful updates and community support in 2025 could see WIF surge to a maximum value of $1.78. On average, the WIF token could trade for around $0.92. Its minimum price is expected to be about $0.3053. Dogwifhat price prediction Potential Low ($) Average Price ($) Potential High ($) Dogwifhat price prediction 2025 0.3053 0.92 1.78 Dogwifhat price prediction 2026-2031 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2026 1.62 1.84 2.07 2027 2.36 2.58 2.8 2028 3.1 3.32 3.54 2029 3.84 4.06 4.28 2030 4.57 4.79 5.02 2031 5.31 5.53 5.75 Dogwifhat price forecast 2026 According to the WIF price forecast for 2026, Dogwifhat is anticipated to trade at a minimum price of $1.62, a maximum price of $2.07, and an average price of $1.84. Dogwifhat price prediction 2027 The WIF price prediction for 2027 indicates a continued rise, with minimum and maximum prices of $2.36 and $2.80, respectively, and an average price of $2.58. Dogwifhat price prediction 2028 Dogwifhat price is expected to reach a minimum of $3.10 in 2028. The maximum expected WIF price is $3.54, with an average price of $3.32. Dogwifhat price prediction 2029 The WIF price prediction for 2029 estimates a minimum price of $3.84, a maximum price of $4.28, and an average price of $4.06. Dogwifhat price prediction 2030 The Dogwifhat price prediction for 2030 suggests a minimum price of $4.57 and an average price of $4.79. The maximum forecasted Dogwifhat price is set at $5.02. Dogwifhat (WIF) price prediction 2031 The WIF price prediction for 2031 anticipates a surge in price, resulting in a maximum price of $5.75. Based on expert analysis, investors can expect an average price of $5.53 and a minimum price of about $5.31. Dogwifhat price prediction 2025 – 2031 Dogwifhat market price prediction: Analysts’ WIF price forecast Firm 2025 2026 Coincodex $3.34 $1.962 DigitalCoinPrice $1.61 $1.90 Cryptopolitan’s Dogwifhat (WIF) price prediction Cryptopolitan’s WIF price prediction proposes a bullish outlook for Dogwifhat’s future price should the market recover soon. According to our analysis, if the bulls get back in for the token in 2025, WIF could recover to about $2. By 2028, we expect continuous growth of the overall crypto market and a utility-based approach for WIF, which could see the token trade at an average price of $5 to $6. Dogwifhat historic price sentiment Dogwifhat price history | Source: Coingecko Dogwifhat (WIF) launched in November 2023 and traded within the range of $0.1 – $0.3 for the remainder of 2023. WIF began 2024 at $0.15, surged past $0.5 in January, and hit its ATH of $4.85 by March’s end after strong bullish momentum. The token fell to $1.95 in April, consolidating between $2 and $4 until May, but dropped to $1.48 in June amidst bearish pressure. WIF saw mixed performance in the second half, peaking at $4.67 in November before closing the year at $1.86 under renewed bearish pressure. WIF opened the market at $1.862 in January 2025 and closed the month at $1.1138. Further price drops ensued in February and March, with WIF trading between $0.4186 and $0.4438. The coin saw gains in April, reaching as high as $0.7177, and in May, it recaptured the $1 mark, reaching a peak price of $1.38. The uptrend has faltered a bit in June, with WIF trading around $0.7528 – $0.8019.
Tensions with Canada might cause significant crypto market fluctuations over the weekend. SOL Coin needs to reclaim $148 to target $168 in a positive scenario. Continue Reading: Trump Challenges Canada, Impacting Crypto Markets Significantly The post Trump Challenges Canada, Impacting Crypto Markets Significantly appeared first on COINTURK NEWS .
A legal battle hanging in limbo and a mysterious $439 million XRP transfer by Ripple coincided with a brutal wave of long liquidations that saw traders caught in the crossfire. The turbulence began shortly after U.S. District Judge Analisa Torres rejected a proposed settlement between Ripple Labs ( XRP ) and the SEC, dashing hopes of a swift resolution to the years-long securities lawsuit. Almost simultaneously, blockchain trackers spotted Ripple moving half a billion dollars’ worth of XRP to an undisclosed wallet, just as leveraged traders were piling into bullish bets. These events spooked the market, triggering a cascade of liquidations totaling $7.18 million, with longs outnumbering shorts by nearly 10-to-1, according to CoinGlass data. While the broader crypto sector showed signs of stabilization, XRP’s lopsided positioning turned a 5.3% drop into a bloodbath for overexposed traders, revealing the token’s overreliance on speculative optimism, with little defense against Ripple’s own corporate moves or legal headwinds. How Ripple’s corporate moves and legal woes likely fueled XRP’s decline The $7.18 million long liquidation event was the culmination of mounting pressure from Ripple’s opaque treasury management and unresolved legal battles. While Bitcoin ( BTC ) and Ethereum ( ETH ) weathered broader market turbulence with relative stability, XRP’s 45.62% drop from its all-time high of $3.84 underscores a deeper issue: the token’s price action remains disproportionately tied to Ripple’s corporate decisions rather than organic demand. This week’s 5.3% slide, while not extreme in isolation, struck hard because of its timing. It came just as traders were positioning for a potential breakout above the $2.17 resistance. Judge Analisa Torres’ rejection of Ripple’s proposed SEC settlement reinforced the market’s worst fears. Without clarity on whether XRP will face stricter securities enforcement, institutional players remain hesitant to commit. This regulatory limbo has kept XRP range-bound between $2.00 and $2.60 since March, despite the token’s CME futures listing and whispers of a potential ETF. For traders, the message is clear: until the SEC case concludes, XRP’s upside will be capped by skepticism. Add in Ripple’s $439 million transfer to a shadow wallet, and the market had the perfect recipe for forced deleveraging. RLUSD Minting Amid the chaos, Ripple has quietly accelerated its stablecoin ambitions, minting 50 million RLUSD this month alone. The move aligns with the booming $252 billion stablecoin market, where giants like Tether and Circle generate massive revenue from Treasury-backed reserves. If RLUSD gains traction, it could provide Ripple with a lucrative revenue stream independent of XRP’s volatility. But for XRP holders, the bigger question is whether RLUSD adoption will translate into ecosystem stability. In theory, deeper liquidity and institutional use cases for Ripple’s stablecoin could bolster demand for XRP as a bridge asset. However, if RLUSD overshadows XRP in Ripple’s own financial strategy, the token risks becoming an afterthought in the company’s long-term vision.