XRP's market dominance remains stable at 4%, a level historically linked to significant price increases. Analysts recall a past instance where XRP's market cap tripled under similar conditions, prompting speculation of a potential surge. Currently, XRP trades at $2.41, experiencing a 2.23% decline over the past 24 hours.
In related developments, Evernorth, an XRP-focused treasury company supported by SBI and Ripple, has secured over 150 billion yen in funding and is planning a Nasdaq listing. The company aims to establish a substantial treasury fund and engage in digital-asset acquisitions, with former Ripple executive Asheesh Birla appointed as CEO.
XRP Market Dominance Steady at 4%, Fuels Surge Speculation
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.