XRP News: Jed McCaleb Invests $1 Billion in Private Space Station Project

In a move that highlights the diverse interests and investments of cryptocurrency pioneers, Jed McCaleb, the co-founder of Ripple and a significant holder of XRP, has announced a major investment in the aerospace industry. Here’s a closer look at his ambitious project and what it could mean for the future of space travel and research.

Crypto Tycoon Drops $1 Billion On Private Space Station

Cryptocurrency mogul Jed McCaleb is spending $1 billion of his own money to build a space station. The Ripple co-founder, worth about $3.2 billion from XRP holdings, now runs Vast Space, an aerospace company he started in 2021. Vast Space has completed designs for its first station called Haven-1, which will launch in May 2026 using SpaceX’s Falcon 9 rockets. McCaleb’s company focuses on creating space stations with artificial gravity, a feature mostly seen in science fiction until now. Jed McCaleb says he’s prepared to lose a big chunk of his fortune on this ambitious quest to build the world’s first commercial space station.

Altcoin Flashing Similar Signals to XRP’s 2017 Rally

Before Ripple’s (XRP) legendary 35,000% rally in 2017, it displayed key signals that indicated an explosive breakout was coming. Now, Lightchain AI is flashing similar indicators, catching the attention of early investors. Lightchain AI has already raised over $17.9 million at a presale price of $0.007, fueling speculation that it could be the next big mover in the crypto space. With strong fundamentals and increasing demand for AI-driven blockchain solutions, analysts see striking similarities to XRP’s early days.

Ripple: XRP Price Prediction 1 Year From Now

Ripple (XRP) is currently trading at $2.46, up 3% in the last 24 hours. The token aims for a price above $3, with notable cryptocurrency expert Dark Defender predicting potential price marks of $5 to $8 in the future. XRP is free from legal barriers and is at the center of mainstream activity with XRP ETFs waiting for US SEC approval.

Top 3 Cryptocurrencies To Watch This Week

The cryptocurrency market is attempting a recovery. Bitcoin (BTC) has climbed to the $86,000 mark, and the global crypto market cap has risen to $2.95 trillion. Most assets in the top 100 projects by market cap are trading in the green zone. The market resurgence could be due to the US wanting to ease tariffs, which previously caused a plunge. The Fed may also introduce an interest rate cut soon, leading to a rise in risky investments and potentially more fund inflows into the cryptocurrency market. One of the top cryptocurrencies to watch this week is Ripple (XRP).