Ripple News Archives - Gold Coast Blockchain Conference

3 reasons why Ripple Labs’ XRP is primed for a big upside

14/01/202514/01/2025

XRP, the native cryptocurrency of the decentralized blockchain created by Ripple Labs, remains in a consolidation phase as top peers like Solana, Polkadot, and Cardano fall by double digits.

Ripple xrp1.07% XRP was trading at $2.39 at last check on Saturday — a few points below its 2024 highs. Still, key fundamental and technical catalysts could supercharge it in the next few months.

Ripple ETF approval hopes

Meanwhile, Polymarket traders are optimistic that the Securities and Exchange Commission will approve a spot XRP exchange-traded funds, or ETFs, in 2025. A small poll with just $5,000 in assets places these odds at 68%. Another poll with $30,000 places the odds that Ripple ETF will be approved by July 31 at 51%.

These hopes have remained elevated after Donald Trump won the election and promised to be a more crypto-friendly president. He has nominated Paul Atkins as the next SEC chair and started to create his artificial intelligence and crypto council.

Crypto ETFs have become highly popular among investors. The ProShares Bitcoin ETF has over $2.3 billion in assets, while spot Bitcoin ETFs have attracted over $36 billion in inflows. Bitcoin ETFs have over $107 billion in assets, while Ethereum ones have $11.6 billion.

In addition to XRP, crypto investors are betting on the potential approval of Solana, Hedera Hashgraph, and Chainlink ETFs.

Ripple has also formed strong technicals that could push its price significantly higher in the next few weeks.

The daily chart shows that XRP has been forming a bullish pennant pattern, one of the most popular continuation signs in trading. The lower side of the flag was at $0.4913, while the triangle pattern has been forming since December. A bullish breakout often happens when the two lines of triangle near their confluence.

XRP has remained above the 50-day moving average, while the MVRV indicator has dropped to 2.5, a sign that it is undervalued. Therefore, the initial level to watch will be the extreme overshoot point of the Murrey Math Lines followed by the 2024 high of $2.90 and then the psychological level at $3.

Article Source - Author - Crispus Nyaga

Ripple CEO Applauds Growing Participation in XRP Community-Led Events

14/05/202414/05/2024

According to U.Today, Ripple CEO Brad Garlinghouse recently praised the XRP community for their increasing involvement in community-led events. Garlinghouse's comments come as these events see a rise in participation, reflecting a growing momentum within the XRP Ledger ecosystem. The CEO expressed his enthusiasm for the growing number of XRP community-led events this year, including the XRP Gold Coast event in March, XRP Las Vegas, and XRPL apex.

Garlinghouse also expressed his excitement about new native capabilities for projects built on the Ledger, indicating that momentum is on the rise. The CEO's future outlook for XRPL is positive, with the combination of a strong community, increasing adoption, and continuous innovation positioning XRPL well for the future. 'From new native capabilities to projects building on the Ledger – momentum is growing. I believe the future is bright,' Garlinghouse stated.

As community members unite to explore new use cases, develop innovative solutions, and advocate for broader adoption of XRP, the ecosystem is expected to benefit from increased visibility, credibility, and relevance in the broader cryptocurrency landscape. This surge in community-led events within the XRP ecosystem reflects a growing sense of unity and purpose among community members, who are actively engaging with each other to exchange ideas, share knowledge, and collaborate on projects of mutual interest.

Ripple CEO highlights XRPL’s growing momentum

14/05/202414/05/2024

Ripple CEO highlights XRPL's growing momentum, Says future is bright

future is bright Garlinghouse also expressed delight about new native capabilities for projects built on the Ledger, signaling that momentum is increasing. Looking forward, the CEO's outlook for XRPL is optimistic. The combination of a strong community, increasing adoption and continuous innovation positions XRPL well for the future."From new native capabilities to projects building on the Ledger – momentum is growing. I believe the future is bright," the Ripple CEO added. As community members come together to explore new use cases, develop innovative solutions and advocate for the broader adoption of XRP, the ecosystem stands to benefit from enhanced visibility, credibility and relevance in the broader cryptocurrency landscape.

Ripple CEO Applauds XRP Ledger

31/05/202414/05/2024

In a recent tweet, Ripple CEO Brad Garlinghouse expressed his admiration for the increasing drive and initiative shown by the XRP community in organizing and participating in community-led events. This acknowledgment comes as community-led events witness a surge in participation, indicating growing momentum within the XRP Ledger ecosystem. Garlinghouse expressed excitement at the increase in the amount of XRP community-led events this year, including the XRP Gold Coast event in March, as well as XRP Las Vegas and XRPL apex. "Very excited to see the number of XRP community-led events growing this year with XRP Gold Coast in March and XRP Las Vegas starting tomorrow (hope to see some of you there!) and meet more of you in person at xrplapex in June," Garlinghouse wrote.

The surge in community-led events within the XRP ecosystem reflects a growing sense of unity and purpose among community members, who are actively engaging with each other to exchange ideas, share knowledge and collaborate on projects of mutual interest.