XRP News Today: Investors Bet on MUTM's Gains as XRP's Support Crumbles

XRP's price action has drawn significant attention following a failed breakout above $2.93, triggering a pullback to test $2.85 support. On October 8, 2025, XRP surged 2% intraday, peaking at $2.93 on 86.6M turnover-nearly double the 24-hour average-before profit-taking reversed gains, closing at $2.85 XRP Rejected at $2.93, Tests $2.85 Support After Failed Breakout^[1]. This move coincided with heightened geopolitical tensions and central bank activity, amplifying volatility across risk assets. A fresh supply zone formed at $2.92–$2.93, while the $2.85 level is under scrutiny as macroeconomic headwinds, including Fed policy expectations and trade tensions, weigh on flows XRP Rejected at $2.93, Tests $2.85 Support After Failed Breakout^[1]. Technical analysis indicates that the $2.86 support level has cracked, creating near-term resistance. Traders are now monitoring whether $2.85 holds as a floor or yields to $2.80, with a retest of the $2.92–$2.93 zone contingent on renewed momentum XRP Rejected at $2.93, Tests $2.85 Support After Failed Breakout^[1].

Concurrently, the Ethereum-based DeFi project Mutuum Finance (MUTM) has emerged as a focal point for investors seeking structured opportunities. As of October 2025, MUTM's presale has raised over $17 million, with Phase 6 completing 60% of its allocation at $0.035 per token. The project's phased pricing model, which increases by ~20% per stage, rewards early adopters while creating urgency for later participants. Phase 1 investors could see up to 500% appreciation by launch, while current buyers at $0.035 face a potential 380% gain if the token lists at $0.06 Ripple (XRP) vs Mutuum Finance (MUTM): Experts Believe Only 1 of These Top Cryptos is Hitting $10 in the Next 12 Months^[5]. The presale has attracted over 16,700 holders, with broad distribution reducing whale dominance and enhancing liquidity prospects .

MUTM's roadmap includes a lending and borrowing protocol launching alongside its token listing, featuring Peer-to-Contract (P2C) pooled markets for ETH and USDT, as well as Peer-to-Peer (P2P) isolated agreements for riskier assets. The platform employs overcollateralized loans with strict Loan-to-Value (LTV) ratios and dynamic interest rates, ensuring solvency during volatile periods. A CertiK audit with a 90/100 Token Scan score and a $50,000 bug bounty program further validate its security framework Ripple (XRP) vs Mutuum Finance (MUTM): Experts Believe Only 1 of These Top Cryptos is Hitting $10 in the Next 12 Months^[5]. Analysts have drawn parallels between MUTM and Aave's early stages, citing MUTM's utility-driven tokenomics and structured execution as key differentiators Ripple (XRP) vs Mutuum Finance (MUTM): Experts Believe Only 1 of These Top Cryptos is Hitting $10 in the Next 12 Months^[5].

The contrasting trajectories of XRP and MUTM highlight divergent investor priorities. While XRP's short-term outlook hinges on macroeconomic catalysts and support/resistance dynamics, MUTM offers a product-driven model with transparent milestones. With XRP consolidating near $2.85 and MUTM's presale nearing $17 million, the DeFi project is increasingly positioned as a high-utility alternative to volatile altcoins .