๐จ XRP Market Update - July 2, 2025 ๐จ
$XRP is showing promising resilience despite a slight dip! Hereโs your need-to-know market snapshot ๐
๐ Current Stats:
Trading at \$2.17 (-1.05%)
โข 87% bullish sentiment across the market
โข 500M XRP unlocked, 400M XRP locked(July 1โ2)
โข Supply check: 59B circulating, 38B in escrow
โข Monthly 1B XRP release (65โ80% usually re-locked)
๐ Support/Resistance:
Consolidation phase with support at \$2.18 and resistance at \$2.32
๐ฅ Key Catalysts Driving the Market
โ XRPL EVM sidechain launch
โ Ethereum-compatible dApps coming to XRP!
โ Escrow dynamics = predictable 2% dips + price stability
โ \$100M secured by Webus for XRP infrastructure
โ XRP ETF approval odds: 95% โ game changer potential
โ XLS-85 amendment boosts escrow functionality
๐ผ Trading Strategy Breakdown:
๐น Short-term: Watch for dips post-XRP unlocks (entry opportunities)
๐น Mid-term: Track EVM sidechain adoption for possible upside
๐น Long-term: Escrow "starvation strategy" = deflationary strength
๐น Growing confidence supported by CEOโs bullish outlook
โจ Pro Tip: Consider accumulating during dips near \$2.18 while tracking ecosystem dev & ETF approval status.