Pelin Ay
Turkish Equities & Crypto Writer, CryptoQuant Author
XRP faces mild selling risk as Binance's share of its supply may be rising while bears look more dominant. That share rebounded from about 2.58 to 2.66 in October; daily XRP Ledger transactions reached about 2.49 million, up 14.78%. More transactions do not automatically mean buying: they include sellers, and their destination and value are unknown. With price weak, rising exchange supply could add downside pressure, though these indicators do not directly determine price. x.comÂ
XRP may face another long-position flush before a healthier recovery, as positive funding shows long demand while leverage can resist further gains. Binance open interest rose to about $620 million with the early-October rally, then fell well below its peak as price recovered to about $1.41. Some crowded positions have cleared, but another liquidation could help gather spot liquidity; a lasting rise is not yet established. x.comÂ
XRP's weak volume makes today's bullish mood hard to trust despite positive XRP Ledger and Ripple news. Aviva Investors added a tokenized share class and Ripple launched a treasury product, but Nodiens Coin Insights reports 24-hour volume down 24.1%, a -0.81 Sharpe ratio and a 63.60% drawdown. Volume needs to recover before the bullish mood is credible. x.comÂ
Selling XRP to retail as decentralized amounts to fraud, and its mandatory closed-source update exposes the risk. The network has run closed-source code for two weeks; tomorrow it becomes mandatory, and dissenting validators get removed via a permissioned node list. Bitcoin, Ethereum and Solana point validators to open-source fixes, since closed binaries could hide malicious code. Consensus rests on lists published by Ripple and the XRP Ledger Foundation, and insiders took all supply to sell. … Show more
Ripple's Swell event could give XRP a bump once Bitcoin finishes its correction, as more XRP news arrives while the token is already in the buy zone. Franklin Templeton added $150M in tokenized money-market fund shares to the XRP Ledger; that is adoption, not $150M of XRP buying. XRP has been cheap enough to hold. x.com x.comÂ
XRP's network activity has contracted almost completely since its speculative peak, leaving a fragile market. The 90-day average of total fees fell 91.5%, from 5.9k XRP in February 2025 to 0.5k, a collapse in organic transaction demand. Only 58.5% of supply is in profit, the lowest since November 2024 despite a price about 4x higher, so late buyers dominate. The realized profit-to-loss ratio has sunk to 0.38 from 50 at the 2025 peak, a hallmark of intense capitulation. x.com x.comÂ
XRP faces a prolonged liquidity vacuum because 2026 capital is front-running AI cloud infrastructure and mega-cap tech IPOs instead of flowing into beaten-down altcoins as in past cycles. The chart may look symmetrical with prior cycles, but the macro backdrop isn't; a defensive retest of $0.70, which @CheekyCrypto calls the largest buying zone in eight years, is not enough. Challenging $3.32 would take a massive return of hyper-liquidity. x.comÂ
RLUSD is positioned to become a main liquidity layer for XRP trading, as Tether did for Bitcoin. Planned Coinbase access and institutional backing add to Ripple's trust-bank OCC approval, BNY custody and RLUSD's Moody's A2 as adoption groundwork. If XRP becomes core settlement infrastructure, today's market-cap valuation models would look conservative; $100 is a number, not a ceiling. x.com x.com x.com x.comÂ
Weak liquidity and insufficient buying pressure leave altcoins vulnerable to another liquidation wave. Many sit near support while selling pressure persists, so even a small selloff could trigger liquidations; a bounce is still possible, but the bottom is not convincing yet. A further major drop would offer better entries in bitcoin, ether, Pendle and Bittensor, whose long-term potential remains intact. x.comÂ
XRP is a pre-mined corporate token, not a bet on the future of money. The promise that banks will use XRP has been dangled before retail investors for years, while Ripple keeps wheeling fresh tokens out of escrow and dumping them on buyers. Bitcoin has absolute scarcity; XRP has lore, escrow, conference booths and a holder base trapped waiting for bank adoption. Buying it in 2026 is like finding a Blockbuster gift card in a landfill and calling yourself early to the future of entertainment. … Show more
The broader crypto bull market should help XRP do very well into 2027, even as its adoption case looks less compelling. More tokenization appears to be happening on Ethereum than XRPL, Ripple feels a bit behind on innovation, and fast cross-border settlement is less distinctive now. A rising XRP price would not necessarily signal long-term success for XRPL. x.com x.comÂ
Bitcoin remains vulnerable to Binance-driven pressure: CZ's bullish post was followed by what looked like Binance capping BTC near $86k in its books, and trouble for the exchange could hit the market harder. Tradfi news reported Binance could face revived charges or fines if its settlement is breached. x.comÂ
