XRP, the third-largest cryptocurrency by market capitalization, continues to hover around the $3 mark despite the overall market decline.
Current Situation of XRP
Currently, XRP is trading at $2.97, marking a 1.77% increase in the last 24 hours. However, the cryptocurrency has seen a 6.27% drop over the past week, following a peak of $3.33 on July 28.
Analyst Predictions on Support
According to analyst Ali, XRP could find strong support in the $2.55 to $2.40 range, which may serve as a critical buffer if bearish pressure intensifies. Meanwhile, the support level at $2.94 has remained strong, with the possibility of rising to $3.01 during the early Saturday session. The anticipated near-term resistance is located between $3.02 and $3.05.
Growth of XRP Ledger Users
XRP Ledger has reached 7 million total accounts, indicating significant growth in interest towards the platform. Over 1 million new users joined in 2025 alone, with an average of more than 3,000 new accounts created each day.
Given the current conditions in the cryptocurrency market and the growing number of users, XRP remains a focal point for both investors and analysts, who closely monitor its potential movements and support levels.