{"id":857729,"date":"2025-06-24T09:13:28","date_gmt":"2025-06-24T14:13:28","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/24\/ripple-news-can-billions-of-dormant-xrp-save-the-token-from-its-2-breakdown\/"},"modified":"2025-06-24T09:13:28","modified_gmt":"2025-06-24T14:13:28","slug":"ripple-news-can-billions-of-dormant-xrp-save-the-token-from-its-2-breakdown","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/24\/ripple-news-can-billions-of-dormant-xrp-save-the-token-from-its-2-breakdown\/","title":{"rendered":"Ripple News: Can Billions of Dormant XRP Save the Token From Its $2 Breakdown?"},"content":{"rendered":"
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\"XRP<\/figure>\n<\/div>\n
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It\u2019s been a rocky weekend for XRP holders as the token\u2019s price took a sharp tumble, dropping below $2 amid negative market sentiment. Adding to the uncertainty is the lingering silence from Judge Analisa Torres on Ripple\u2019s latest motion in its ongoing SEC lawsuit. The case, which could clear the path for U.S. institutional sales of XRP and possibly a spot ETF approval, remains unresolved.<\/p>\n

As XRP struggles to regain footing, the broader crypto market has also dipped, with altcoins suffering extra volatility thanks to legal headlines and geopolitical tensions.<\/p>\n

But amid the chaos, there\u2019s one development that could quietly reshape XRP\u2019s future.<\/p>\n

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I spent much of the last week in the US with the Firelight team.
This product is hugely innovative and has the potential to put BILLIONS if not 10\u2019s of BILLIONS of XRP to work -> on Flare.
???? ????<\/p>\n

\u2014 Hugo Philion \u2600\ufe0f (@HugoPhilion) June 22, 2025<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n

Flare Network co-founder Hugo Philion revealed on X (formerly Twitter) that Flare\u2019s upcoming Firelight product could soon activate tens of billions of XRP. Philion hinted that after recent meetings in the U.S., this innovative solution is poised to bring billions of XRP into productive use on Flare\u2019s ecosystem.<\/p>\n

XRP Price On Right Path?<\/h2>\n

On-chain activity shows some resilience, with key wallets and escrow release schedules staying within expected ranges. Technical indicators also hint at a possible short-term bounce, with XRP\u2019s RSI near oversold levels and key supports around $1.93 to $1.80 holding for now.<\/p>\n

Analyst Casi Trades said XRP is behaving just as expected. The price dropped close to a major support at $1.90, made a small bounce, and now looks set for a final dip to that level. This $1.90 mark is an important support zone and could signal a bottom if it holds and shows a bullish divergence.<\/p>\n

What\u2019s even better is that Bitcoin is showing a similar pattern near $97,000. If both XRP and BTC touch these key levels together, it could trigger buying momentum and mark the start of a market rebound.\u00a0<\/p>\n<\/div>\n

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\n \ufeffAnjali Belgaumkar<\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s been a rocky weekend for XRP holders as the token\u2019s price took a sharp tumble, dropping below $2 amid negative market sentiment. Adding to the uncertainty is the lingering silence from Judge Analisa Torres on Ripple\u2019s latest motion in its ongoing SEC lawsuit. The case, which could clear the path for U.S. institutional sales<\/p>\n","protected":false},"author":1,"featured_media":857730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24356,25213],"tags":[],"class_list":{"0":"post-857729","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-billions","8":"category-ripple"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/857729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=857729"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/857729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/857730"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=857729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=857729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=857729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}