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February 6, 2025

Trader Explains Why XRP Could Skyrocket to $100 After Tristan Tate X Post Alejandro Arrieche | usagoldmines.com

XRP has emerged as one of the standout performers in the crypto market this year, fueled by a series of legal victories and renewed optimism following President Trump’s return to power.

Amid this unexpected rally, Tristan Tate took to X to question why XRP commands such unwavering support from its most dedicated holders.

In response, an X user known as @stefthegreatone delivered a compelling breakdown of XRP’s utility and its potential to revolutionize global finance—a post that quickly gained traction, racking up over 87,000 views.

One of Stef’s most compelling arguments for Ripple was its potential to disrupt SWIFT, the global banking network widely used for international transfers.

Ripple has long positioned itself as the go-to solution for cross-border payments—essentially SWIFT’s core function—yet with significantly lower costs and faster settlement times.

The introduction of RLUSD, Ripple’s newly launched stablecoin, further enhances this efficiency by offering a cost-effective alternative to traditional fiat transfers.

As U.S. cryptocurrency regulations become clearer, institutional confidence in Ripple’s payment network is expected to grow, paving the way for broader adoption among banks and financial institutions.

Unlike Bitcoin (BTC) or meme coins, XRP is not purely speculative—it serves a critical function within the Ripple ecosystem. As adoption scales, so too does its intrinsic value, making it a compelling long-term investment.

XRP Price Analysis – Where is Ripple’s XRP Heading Next?

From a technical perspective, XRP remains in a pronounced downtrend.

After briefly retesting its all-time high of $3.40 from January 2018, bearish pressure took control, driving the token 29.3% below this key resistance level.

Adding to the volatility, XRP experienced a flash crash last Sunday, briefly plunging to its lowest level since November 29.

This sharp decline coincided with market-wide turmoil following Donald Trump’s decision to impose higher import tariffs on Mexico and Canada.

ripple xrp is on a downtrend and could drop another 7.5%

Although XRP quickly rebounded from its flash crash, momentum remains firmly on the bearish side. The Relative Strength Index (RSI) sits 30.4% below the signal line, while the MACD histogram is registering its most negative reading in years.

This underscores the broader weakness across the crypto market, likely driven by the Federal Reserve’s neutral stance. With no immediate plans to lower interest rates unless economic conditions deteriorate, risk assets like XRP may struggle to gain traction in the near term.

Technically, the next key support level sits 7.5% below the current price, suggesting further downside risk before a potential recovery. While XRP’s long-term fundamentals remain strong, its short-term outlook leans bearish.

For investors looking for faster gains, this crypto presale presents an opportunity to capitalize on momentum before its token hits exchanges.

Solaxy ($SOLX) Raises $18.3M to Solve Solana’s Congestion Issues

Solaxy ($SOLX) is a Layer 2 scaling solution designed to tackle the congestion issues that have limited Solana’s growth and its ability to challenge Ethereum’s dominance in the smart contracts market.

In just six weeks, Solaxy has already secured $18.3 million in funding. The surge in interest comes after the launch of $TRUMP, which exposed Solana’s ongoing struggles with network congestion during peak usage.

Solaxy enhances Solana’s efficiency by bundling transactions offline before submitting them to the mainnet, significantly reducing errors and delays even during peak congestion.

At its discounted price of $0.001626, $SOLX presents a strong upside opportunity for early buyers.

Additionally, investors who stake their tokens to help secure the network can earn an annual percentage yield (APY) of 221%.

To buy $SOLX, simply head to the Solaxy website and connect your wallet (e.g. Best Wallet).

You can either swap USDT, ETH, or BNB or use a bank card to complete the transaction.

The post Trader Explains Why XRP Could Skyrocket to $100 After Tristan Tate X Post appeared first on Cryptonews.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

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