BitMEX co-founder and former CEO Arthur Hayes provided a bold price forecast for Hyperliquid’s HYPE token, revealing it could flip Solana’s price performance. He outlined his prediction on X, where he claimed his ‘degen’ target this bull season was for HYPE to flip SOL and become among the top ten largest cryptocurrencies by market capitalization. Solana Price Performance Faces Headwinds as Expert Eyes HYPE as Emerging Leader Solana (SOL) price performance could be flipped by Hyperliquid’s HYPE token if the SOL token fails to breach the $180 level, a critical resistance level that has been blocking it for the second consecutive week. Should this scenario unfold, Solana could drop to $140 – $150 level. A scenario that could make way for the HYPE token to outshine Solana by price performance. Particularly if the Hyperliquid token achieves Arthur Hayes’ projected target of $100. Hayes made two bold predictions regarding HYPE, the… Read More at Coingape.com
A new CoinGecko report shows that XRP liquidity is heavily concentrated on just three exchanges — Bitget, Binance, and Coinbase.
Together, these platforms control around 67% of all trading activity close to XRP’s market price. This means most buy and sell orders for XRP sit on just a few order books.
If any one of these exchanges faces issues or lowers support, XRP traders could face delays, slippage, or bigger spreads.
CoinGecko’s analysis looked at what it costs to trade XRP within a small price move of two cents, which equals about 1% of its price.
XRP Liquidity Across Different Centralized Exchanges. Source: CoinGecko
Within that range, XRP shows about $15 million in available orders across eight exchanges. Two-thirds of that sits with the top three.
Bitget Leads XRP Trading at Tight Price Bands
Bitget shows the most liquidity at very small price movements. That means XRP is easiest to trade there if you’re looking to move funds without big price changes.
However, Bitget’s liquidity drops off quickly as you move further from the market price.
By the time you reach the two-cent range, Binance andCoinbase have nearly caught up in volume. This reinforces how dependent XRP is on just a few platforms.
Other exchanges like OKX, Bybit, Kraken, and Crypto.com play a smaller role. Their XRP order books are much thinner compared to the leaders.
One surprising detail in the report is that XRP lags behind Solana (SOL) in both liquidity and trading volume — despite having a higher market cap.
Solana has around $20 million in trading depth within a $1 price range, which is stronger than XRP’s $15 million within two cents. SOL also saw nearly twice as much volume as XRP during the study period.
This gap raises questions about how much real trading interest there is in XRP. Higher market cap doesn’t always mean stronger market support.
In this case, SOL appears to have more consistent demand from active traders.
To sum it up, XRP’s trading activity is strong, but highly concentrated. Bitget, Binance, and Coinbase dominate its liquidity, leaving the asset vulnerable to exchange-level risks.
XRP’s price is showing some positive signs, even though it’s still going through a short-term cool-off. At the time of writing, XRP is trading at $2.31 and is eyeing to break some important resistance levels.
According to the latest analysis, XRP remains in a bullish trend on the daily chart because it continues to form higher lows and higher highs. This kind of price movement is usually seen as a healthy sign in the market.
Meanwhile, the stock market and several other cryptocurrencies have also started to bounce back slightly, which could support XRP’s price in the short term. Adding to this, analysts have noticed the early signs of a bullish divergence on XRP’s 6-hour Relative Strength Index (RSI).
This happens when the price keeps moving lower or stays flat, but the RSI slowly begins to rise, forming higher lows and higher highs. This is often a signal that the market could soon see a short-term recovery or at least a break from its recent downward trend.
Key Support and Resistance Levels to Watch:
However, it’s important to remember that this signal alone doesn’t guarantee a major rally. It might lead to a small upward move or some sideways price action, giving traders and investors a break from the bearish pressure seen recently.
Looking at the bigger picture, XRP still holds a larger bullish trend on the daily time frame, at least for now. In terms of price levels, XRP is facing light resistance around the $2.35 mark, with more resistance expected at $2.44. The strongest resistance area is currently between $2.55 and $2.62. On the other hand, XRP has significant support between $2.10 and $2.15, along with another key support level close to $2.30.
The post Ripple News: XRP Price Prediction For May 28 appeared first on Coinpedia Fintech News
XRP’s price is showing some positive signs, even though it’s still going through a short-term cool-off. At the time of writing, XRP is trading at $2.31 and is eyeing to break some important resistance levels. According to the latest analysis, XRP remains in a bullish trend on the daily chart because it continues to form …
There’s a lot of buzz in the crypto world right now about XRP. Many people online are speculating that the U.S. Securities and Exchange Commission (SEC) might soon approve several XRP spot ETF applications. Big companies like Bitwise, Grayscale, Franklin Templeton, and 21Shares have already submitted their applications, and some important decision dates are coming up soon.
The first major date to watch is June 17, 2025, when the SEC is expected to make a decision on Franklin Templeton’s spot XRP ETF application. Other decisions are also lined up — Grayscale’s deadline was May 21, 2025 and Bitwise is waiting for a decision on May 25, 2025. The crypto community is keeping a close eye on these dates because if any of these get approved, it could give a big push to XRP’s price and popularity.
At the same time, another rumor is doing the rounds. Some people believe that the SEC and Ripple have already quietly settled their long-running legal battle, and they’re just waiting for the judge to approve it. But former SEC attorney Marc Fagel has cleared things up. He said that the judge actually rejected the request from both Ripple and the SEC.
It’s not actually settled. The parties may have entered an agreement, but implementing the settlement requires court action. And the court indicated it would not simply do what the parties asked without further briefing.
According to Fagel, while both sides may have agreed on a deal, it’s not official yet. The court wants them to explain why it should change the decision it had already made. He added, “It’s not actually settled. The parties may have entered an agreement, but implementing the settlement requires court action. And the court indicated it would not simply do what the parties asked without further briefing.”
In short — both the XRP ETF decisions and the Ripple lawsuit situation are still up in the air. Crypto fans will need to stay tuned for the official updates in the coming weeks.
The post XRP Lawsuit Not Settled, Declares Ex-SEC Attorney appeared first on Coinpedia Fintech News
There’s a lot of buzz in the crypto world right now about XRP. Many people online are speculating that the U.S. Securities and Exchange Commission (SEC) might soon approve several XRP spot ETF applications. Big companies like Bitwise, Grayscale, Franklin Templeton, and 21Shares have already submitted their applications, and some important decision dates are coming …
