• About Us
  • Careers
  • Contact
No Result
View All Result
Wednesday, September 3, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home Market Analysis

XRP Rallies Upward Amid Positive Investor Sentiment

2 December 2022
in Market Analysis
Reading Time: 3 mins read
101 7
image source: blockchain.news

image source: blockchain.news

The cryptocurrency market is currently in a recovery phase. The majority of the major tokens are bullish by a significant margin. This is the first streak of bullish price action since the FTX scandal in November. 

XRP, the native token of Ripple, is not left behind in this respect. According to CoinMarketCap, the token rose 7% over the past seven days. 

Data from Whale Alert, a blockchain tracker, shows that some whales have accumulated about 900 million XRP tokens in anticipation of bullish sentiment. Also, 24 million XRP was transferred from an unknown wallet to Binance. Technical analysts also confirm that traders are buying the dip in anticipation of a possible bull run. These activities have caused the token price to be bullish. 

Crypto trader Michael van de Poppe believes XRP charts differ from other cryptocurrencies and that a surge is imminent despite the overall bearish market.

image source: coinmarketcap.com

This week, RippleX, the development program for Ripple, launched a native Automated Market Maker (AMM), enabling decentralized finance on the network. This development increases the utility of the XRP token. 

At press time, XRP was trading at $0.3896, with a market capitalization of $20 billion. In the last 24 hours, the token has dropped by 2.85%.

 

If you would like to read more market analysis like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, and Instagram.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Share63Tweet40Share11
Mopelola Ibitola

Mopelola Ibitola

Related Posts

What $13 Billion in Ether Treasuries Signals for Investor Behaviour
Ethereum

What $13 Billion in Ether Treasuries Signals for Investor Behaviour

3 September 2025
What Happens If Bitcoin Reaches $1 Million?
Bitcoin

What Happens If Bitcoin Reaches $1 Million?

3 September 2025
Stablecoins Are Propelling Latin America's Financial Shift, Fueling Innovation and Inclusion
Market Analysis

Stablecoins Are Propelling Latin America’s Financial Shift, Fueling Innovation and Inclusion

3 September 2025
Web3 Security Gets Real: Investing in Smart Contract Risk Management
Market Analysis

Web3 Security Gets Real: Investing in Smart Contract Risk Management

3 September 2025

Editors Picks

Bull vs. Bear: Key Indicators to Spot Market Trends Before Everyone Else

Bull vs. Bear: Key Indicators to Spot Market Trends Before Everyone Else

byOlayinka Sodiq
13 July 2025
0

Is Saudi Arabia Falling Behind in the Crypto Race Without Unified GCC Regulations?

Is Saudi Arabia Falling Behind in the Crypto Race Without Unified GCC Regulations?

byOlajumoke Oyaleke
6 July 2025
0

AI Deepfake Scams: How They’re Driving Fraud and Fueling Crypto Scandals

AI Deepfake Scams: How They’re Driving Fraud and Fueling Crypto Scandals

byOlajumoke Oyaleke
24 June 2025
0

Can Ethereum Transactions Be Reversed?

Can Ethereum Transactions Be Reversed?

byOlayinka Sodiq
24 June 2025
0

Is Running Masternodes Still a Viable Passive Income Strategy or a Thing of the Past?

Is Running Masternodes Still a Viable Passive Income Strategy or a Thing of the Past?

byOlayinka Sodiq
14 June 2025
0

Read More

Chain of Thoughts

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

Markets Update

What $13 Billion in Ether Treasuries Signals for Investor Behaviour

7 hours ago

What Happens If Bitcoin Reaches $1 Million?

8 hours ago

Stablecoins Are Propelling Latin America’s Financial Shift, Fueling Innovation and Inclusion

9 hours ago

Web3 Security Gets Real: Investing in Smart Contract Risk Management

10 hours ago

Is Crypto Really Helping Emerging Economies Bypass Legacy Financial Constraints?

10 hours ago

Cross-Chain Crypto Crime Tops $21 Billion in 2025: What’s Driving the Surge?

1 day ago
Read More

Events

CBDC Conference
CBDC Conference
9 Sep 25
Nassau

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releasespress releases

Bybit Card Launches in Europe With Unmatched 20% Cashback

bychainwire
3 September 2025
0

KuCoin Presents KuMining: Embodying “Simple Mining, Smart Gains” for Effortless Crypto Accumulation

bychainwire
3 September 2025
0

Meme Coin Little Pepe Raises Above $24M in Presale With Over 39,000 Holders

bychainwire
2 September 2025
0

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce a Meta‑Agentic AGI Jobs Marketplace Platform

bychainwire
2 September 2025
0

BitMine Immersion (BMNR) Announces Release of August Investor Presentation and Latest Video Message from Tom Lee, Chairman

bychainwire
2 September 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00