XRP in Focus as Circle Explores $5 Billion Sale to Ripple or Coinbase

Stablecoin issuer Circle is reportedly considering a sale at a valuation exceeding $5 billion, with potential suitors including Ripple and Coinbase. The discussions unfold alongside Circle’s preparations for an initial public offering, signaling strategic maneuvering in the crypto sector. Informal takeover talks have placed Circle’s asking price at a minimum of $5 billion, according to sources familiar with the matter. Meanwhile, XRP’s current price stands at 2.34190000 USDT, reflecting market activity amid these developments.

Circle Explores $5 Billion Sale to Ripple or Coinbase Amid IPO Plans

Stablecoin issuer Circle is reportedly considering a sale at a valuation exceeding $5 billion, with potential suitors including Ripple and Coinbase. The discussions unfold alongside Circle’s preparations for an initial public offering, signaling strategic maneuvering in the crypto sector.

Informal takeover talks have placed Circle’s asking price at a minimum of $5 billion, according to sources familiar with the matter. Ripple previously offered to acquire the company for up to $5 billion, but the proposal was deemed insufficient. The blockchain payments firm remains interested in pursuing a deal.

Ripple CEO Expresses Frustration After Pro-Crypto Senator Cancels Meeting

Ripple CEO Brad Garlinghouse voiced his disappointment after U.S. Senator Cynthia Lummis, a known advocate for cryptocurrency, abruptly canceled a scheduled meeting in Washington, D.C. Garlinghouse had traveled to the capital to discuss stablecoin regulation and crypto market structure with lawmakers.

The snub came without an opportunity to reschedule, prompting Garlinghouse to publicly invite the Senator to a future dialogue. "Join me on an X Space or at an event to discuss how the U.S. can lead as the global crypto hub," he challenged, referencing their shared goal of advancing America’s position in digital assets.

XRP Faces Bearish Pressure as Head-and-Shoulders Pattern Signals Potential Drop to $2.00

XRP’s price trajectory has turned bearish amid broader cryptocurrency market weakness, with the digital asset failing to sustain momentum above the critical $2.40 resistance level. A pronounced head-and-shoulders pattern has emerged on short-term charts, signaling potential downside toward $2.00 if current support levels fail.

Trading volume surged 23% above the 24-hour average as XRP breached the $2.345 support level during active trading hours. Market analysts, including Ali Martinez, highlight the $2.30 zone as a key inflection point—a breakdown here could accelerate losses toward the psychologically important $2.00 threshold.

The rejection at $2.411 and subsequent 3.38% decline to $2.330 reflects mounting selling pressure across cryptocurrency markets. Resistance at $2.40 now stands as a formidable barrier, with high-volume sell orders consistently appearing at this level.

XRP Price Volatility Amid SEC Developments as New Rival Emerges

XRP faces heightened volatility, currently trading at $2.30 with a 3.70% decline, while maintaining a robust $134.87 billion market cap. Trading volume surged 86% to $4.22 billion as regulatory developments draw market attention. Recent SEC rulings have fueled speculation about potential price appreciation.

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