Overview
- XRP snapped back from an intraday low near $1.11 to about $1.54 on Feb. 7 (≈37%) and is now hovering around $1.45–$1.50 after easing off the highs.
- Santiment tracked roughly 1,389 transactions over $100,000 during the sell-off and a spike to 78,727 unique XRPL addresses in one 8‑hour window, signaling concentrated whale activity and higher on-chain use.
- Binance funding rates fell to around -0.028, the lowest since April 2025, indicating defensive positioning in derivatives and the potential for sharp moves if sentiment flips.
- Technical structure remains corrective with major support at $1.25–$1.35 and dense resistance near $2.05–$2.30, as oversold readings contrast with weak volume trends and limited follow-through on the bounce.
- Ripple has launched permissioned domains and is developing a permissioned DEX with KYC/AML credentials and XRP-burning transactions, while preliminary data point to roughly $39 million in spot XRP ETF inflows pending confirmation.