XRP Ledger Security Scare: Backdoor Exploit in JavaScript SDK Raises Concerns

The XRP Ledger Foundation has issued a warning about a critical security vulnerability in the official JavaScript SDK, which was found to contain a backdoor capable of compromising private keys. This incident has raised concerns among XRP users and developers, though major wallets like Xaman remain unaffected.

XRP Ledger SDK Compromised by Backdoor Exploit

The XRP Ledger Foundation has warned of a security vulnerability in the official JavaScript SDK. On April 21, Aikido Security revealed that several versions of the xrpl npm package were compromised and contained a backdoor capable of stealing private keys. Versions affected include v4.2.1-4.2.4 and v2.14.2. The founder of XRPL Labs reassured users that the Xaman Wallet was not impacted by the flaw, as it does not use the compromised xrpl.js library.

Understanding the Wealth Distribution of XRP Holders via Rich List Chart

The XRP rich list chart reveals stark disparities in wealth distribution among holders of the cryptocurrency, a digital asset favored for its rapid settlement times in cross-border transactions. Since its launch, XRP has cultivated a dedicated following, with its ecosystem now dominated by a handful of large stakeholders. The data illustrates the steep climb required to break into the upper echelons of XRP ownership—a hierarchy that could reshape global liquidity flows if adoption accelerates. Projections for 2024-2025 suggest consolidation among whales may intensify as institutional players enter the fray. "Liquidity follows concentration," observes one blockchain analyst, noting how Ripple’s escrow releases could redistribute supply dynamics. The chart serves as both a thermometer for current market health and a compass pointing to future power structures in decentralized finance.

XRP Bullish Momentum Builds as Market Cap Surpasses $130 Billion

XRP is riding a wave of bullish momentum as its market capitalization surges past $130 billion, marking a pivotal moment for the altcoin. The Relative Strength Index has entered overbought territory for the first time since March, signaling intense buying pressure. Technical indicators reinforce the optimism: the Ichimoku Cloud remains firmly bullish, while exponential moving averages have formed consecutive golden crosses—a classic buy signal. Traders are now weighing breakout potential against key support levels, positioning for what could be XRP’s next major move. Market sentiment suggests the rally has room to run, but volatility looms as overbought conditions invite profit-taking.

XRP Price Corrects After Rally, Bulls Still in Play?

XRP’s recent rally above $2.220 proved short-lived as the cryptocurrency retreated from its peak, though it maintains a foothold above $2.20 and the 100-hourly Simple Moving Average. The breakdown of a key bullish trend line at $2.220 signals potential further downside, with traders eyeing the $2.150 support level as the next test. Earlier gains had propelled the token past resistance at $2.10 and $2.120, culminating in a high NEAR $2.299—a level that now serves as a reminder of the market’s fleeting momentum. The current pullback reflects the delicate balance between bullish sentiment and profit-taking pressures.

Ripple’s XRP Poised for Growth: Analysts Predict $10 Surge

Ripple’s XRP continues to solidify its position as a leading cryptocurrency, with analysts forecasting a potential rise to $10. The token’s integration into broader financial ecosystems, including the possibility of an XRP ETF, is expected to enhance its market stability and value.

Notable cryptocurrency analyst Egrag Crypto highlights XRP’s trajectory toward the $5 and $6 marks, signaling a bullish outlook. Market participants are increasingly optimistic about the token’s long-term potential, driven by its established utility and growing institutional interest.

XRP Rally Shows Signs of Weakness Despite Price Surge

XRP’s recent price surge contrasts sharply with its declining Chaikin Money Flow (CMF), a key indicator of capital inflows. The token’s CMF has dropped to 0.03 despite rising prices, signaling weak underlying demand.

Divergences between price action and momentum indicators often precede reversals. Traders appear to be chasing short-term hype rather than demonstrating sustained conviction in XRP’s fundamentals.