$XRP

#xrp 📰 Key Updates — XRP

XRP ne Bitcoin ke saath broader crypto sell-off ka impact bear kiya — usne 6% tak decline dekha hai, jisse market sentiment weak hua hai.

ETF speculation abhi bhi strong hai — SEC ke spot XRP-ETF approvals ke chances barh rahe hain, aur kuch filings october 18 tak decision ke liye nimni hain.

Burn mechanism ab collapse mode mein — August aur September mei XRP burn activity near zero ho gayi hai, jisse supply control concerns barh rahe hain.

Institutional interest strong — BlackRock’s $2B BUIDL fund XRP Ledger (XRPL) pe expand karne ki planning kar raha hai.

Technical view bolta hai: agar XRP ne $2.70 ka support hold kiya toh recovery toward ~$4 possible hai.

Short-term pe $2.80 level ek key support hai; agar wo breakdown kare toh downside risk $2.64 tak ho sakta hai.

Ripple ne pehle SEC se lawsuit settle kiya tha — Ripple ne $50M fine dene ka agreement kiya tha, aur SEC ne appeal withdraw kar di. (Though later legal developments confirm case closure and $125M fine)