Ripple Denies Ties to Linqto Amid XRP Holdings Clarification

Ripple has clarified its position regarding Linqto's ownership of 4.7 million XRP shares, emphasizing that these were acquired exclusively through secondary markets. The blockchain firm explicitly stated that it has no business relationship with Linqto and was not involved in any funding rounds with the investment platform. This clarification comes as Ripple moved to halt Linqto-related secondary transactions in late 2024, citing increasing market skepticism and potential confusion among investors. The company's proactive stance aims to maintain transparency and trust in the XRP ecosystem, reinforcing its commitment to clear communication amidst evolving market dynamics. As of July 2025, Ripple continues to focus on fostering growth and adoption of XRP, while addressing misconceptions that could impact its market perception.

Ripple Clarifies Position on Linqto's XRP Share Holdings

Ripple has issued a clarification regarding Linqto's ownership of 4.7 million XRP shares, emphasizing these were acquired solely through secondary markets. The blockchain firm explicitly denied any business relationship with Linqto or involvement in funding rounds with the investment platform.

The company moved to halt Linqto-related secondary transactions in late 2024, citing growing market skepticism and potential confusion among investors about unofficial share sales. This proactive measure underscores Ripple's commitment to maintaining transparent market practices for its digital asset.

XRP Price Flirts With Breakout; Will ETF Bets and Token Unlock Tip the Scale?

XRP is testing a critical resistance zone at $2.48 after a 355% year-to-date rally, fueled by speculative ETF Optimism and Ripple's 1 billion token unlock. The asset's technical indicators show strength but lack confirmation, leaving traders questioning whether this marks a genuine breakout or another pause.

Market dynamics hinge on two factors: Ripple's scheduled token release and a $703 million transfer by SBI Holdings. Fibonacci retracement levels pinpoint $2.30 and $2.45 as immediate resistance thresholds, while the Chaikin Money FLOW suggests institutional interest may be building.

The absence of euphoric RSI readings—currently at 58—combined with rising volume creates a tension between caution and opportunity. As dormant whale wallets stir and regulatory clarity around crypto ETFs looms, XRP stands at an inflection point where macro sentiment and technicals collide.

XRP Stuck Below $2.35 as ETF Speculation Builds

XRP remains trapped in a tight consolidation range between $2 and $2.35, unable to overcome this critical technical resistance. The asset's stagnation reflects a market in search of catalysts, with Bloomberg analysts assigning a 95% probability to an XRP ETF approval by 2025.

Technical indicators show the 20-day EMA at $2.17 acting as immediate support, while the $2 level serves as a psychological floor. Traders note that sustained trading volume above $2.35 could signal a breakout, but current demand appears insufficient to absorb selling pressure at higher levels.

The ETF narrative has emerged as a potential game-changer, with institutional interest growing around Ripple's cryptocurrency. Approval would likely trigger substantial capital inflows, mirroring the transformative effect Bitcoin ETFs had on that market. This speculation comes as XRP finally moves beyond its prolonged legal battle with the SEC.

Ripple CEO Breaks Silence on Linqto Scandal: “No Business Relationship”

Ripple CEO Brad Garlinghouse has publicly distanced the company from troubled private equity platform Linqto, clarifying that Ripple never maintained any business relationship with the embattled firm. The statement comes as Linqto faces federal investigations and potential bankruptcy, having frozen user accounts and proposed a controversial refund model that excludes profit distributions.

Garlinghouse revealed Linqto holds 4.7 million Ripple shares acquired exclusively through secondary market transactions, not direct purchases from the company. This disclosure aims to quell growing concerns within the XRP community as Linqto's operational collapse triggers investor panic. The platform previously marketed itself as a retail gateway to pre-IPO companies including Ripple and Circle.

Ripple Denies Formal Ties to Linqto Amid Regulatory Scrutiny Over Share Sales

Ripple CEO Brad Garlinghouse has publicly distanced the company from Linqto, a private investment platform offering access to Ripple equity through secondary markets. In a July 2 statement on X, Garlinghouse emphasized that Ripple never authorized direct share sales to Linqto and ceased approving secondary transactions with the platform in late 2024 due to compliance concerns.

Linqto's model involves selling stakes in a special-purpose vehicle holding Ripple shares rather than direct ownership—a structure now under scrutiny by the SEC and DOJ. The platform reportedly holds 4.7 million Ripple shares acquired exclusively through secondary purchases from existing shareholders.

XRP Price Prediction: Multi-Month Breakout Potential Amid CME and EVM Developments

XRP's price hovers NEAR $2.19, showing resilience after a recent dip to $2.05. Market participants are eyeing two catalysts for a potential breakout: surging CME XRP futures activity and the impending launch of the XRPL EVM sidechain. The token remains tightly coiled within a symmetrical triangle pattern—a technical formation that typically precedes explosive volatility.

Daily charts reveal XRP testing a descending resistance trendline dating back to March. A decisive close above this level could ignite sustained bullish momentum. Despite short-term bearish signals from indicators like the Parabolic SAR and Supertrend, the $2.20 support level has held firm since June—a testament to accumulating buy-side interest.

Institutional sentiment appears to be warming, with Bloomberg analysts Eric Balchunas and James Sayffart notably increasing their odds for an XRP spot ETF approval. Such developments could provide the fundamental thrust needed to complement technical breakout potential.