XRP Community Buzzes as ExoraPad Presale Hits 75,000 XRP Milestone
The XRP community is abuzz with excitement as ExoraPad’s presale achieves a significant milestone, raising over 75,000 XRP. With influential investors and whales jumping in, the project is poised to make waves in the XRP DeFi ecosystem. Here’s a detailed look at the developments and what it means for the future of $EXP tokens.
XRP News: ExoraPad Presale Surpasses 75,000 XRP
Excitement within the XRP community is reaching new heights as ExoraPad’s presale swiftly surpasses a major milestone, raising over 75,000 XRP. Investors, including influential XRP whales, are quickly securing positions to obtain $EXP tokens before the anticipated exchange debut, recognizing the potential for significant growth immediately after listing. As ExoraPad rapidly becomes a key player in the XRP DeFi ecosystem, its innovative AI-powered launchpad is attracting significant attention, driving substantial presale momentum.
XRP Risks 40% Drop if $2 Support Level Fails
XRP is currently testing the $2 level, which holds critical importance for its short-term direction. The asset briefly dipped to $1.90 before recovering to trade back at $2.00. However, daily trading volume has dropped by 46% to $4.08 billion, signaling weakening investor interest. A Head-and-Shoulders pattern indicates a risk of a 40% drop to $1.20 if the $2 support level fails. Derivatives data shows $9.57M liquidated, while open interest ROSE 2.84% to $3.13 billion. The price continues to face pressure amidst rising global economic uncertainty and renewed tensions from the ongoing US-China tariff situation, which have challenged the overall crypto market.
XRP Forecast: Standard Chartered Predicts 500% Surge to $12.5 by 2028
Despite significant volatility in the cryptocurrency market this week, Ripple’s native token XRP has been in the spotlight due to a bold prediction from banking giant Standard Chartered. The bank predicts that XRP could rise significantly in the coming years, potentially reaching $12.5 by 2028. This prediction comes after recent legal victories and technological advancements for Ripple. However, recent market volatility has pushed some investors toward alternatives like XY Miners.
Ripple and SEC File Joint Request to Suspend Appeals: XRP Surges Back Above $2
Ripple Labs (XRP) and the US Securities and Exchange Commission (SEC) have filed a joint motion to suspend their appeals and cross-appeals for 60 days, bringing the long-running saga closer to an official settlement. The joint motion noted that Ripple and the SEC have reached an agreement-in-principle, pending approval from the SEC, to resolve the legal dispute, including the appeal from the SEC and Ripple’s subsequent cross-appeal. This development has led to a surge in the price of XRP, which is now back above $2.
