XRP News Today: Coinbase Vows Legal Integrity as XRP's Future Hangs in Regulatory Balance

Coinbase’s legal team has denied allegations of price manipulation involving XRP, the digital asset issued by Ripple, in response to recent investor concerns over a significant sell-off. The claim emerged as some market participants speculated that large institutional or individual trades may have influenced the token’s price dynamics, particularly during a recent downturn. However, Coinbase, one of the leading cryptocurrency exchanges and a major custodian of XRP, has categorically dismissed the notion of intentional manipulation by stating that it operates within the bounds of legal and regulatory frameworks.

The sell-off in XRP has drawn attention from both retail and institutional investors, with many pointing to the token’s price decline from around $3.66 to as low as $2.72 over a short period. Analysts have attributed the volatility to broader market conditions, including uncertainty surrounding regulatory developments and macroeconomic factors such as interest rate policies. While some traders and investors have cited the potential for a significant price rebound, the current environment remains highly speculative and subject to sharp corrections.

Despite the recent decline, several experts remain bullish on XRP’s long-term potential, with price forecasts ranging from $50 to even triple-digit figures under certain conditions. A notable prediction came from expert Paul Barron, who outlined a scenario in which XRP could reach upwards of $50, assuming favorable outcomes such as the approval of spot crypto ETFs, progress on regulatory legislation, and Ripple securing critical banking licenses. Barron emphasized that even in the event of a 50% correction following a surge to $75, the token would still remain significantly higher than its current valuation. Similarly, digital asset strategist Zach Rector, who holds over 90% of his portfolio in XRP, warned of the high volatility associated with the token, urging investors to brace for continued turbulence.

In another analysis, if top global central banks were to allocate even a small percentage of their combined $13 trillion in reserves into XRP, the token’s price could experience a significant upward shift. For instance, a 1% allocation would potentially push XRP to around $5.09, while a 5% allocation could send the price to approximately $13.84. A 10% allocation scenario, although highly speculative, could see the token’s price climb to $22.58, according to the study. While these figures represent a theoretical calculation based on market cap dynamics, they underscore the potential for institutional adoption to reshape XRP’s valuation.

Crypto analyst Costa has taken an even more aggressive stance, suggesting that if 10% of global assets were tokenized on the XRP Ledger (XRPL), the token’s price could surge to an astronomical $473,214. The analyst noted that such a tokenization of $50 trillion in global assets would create unprecedented demand for XRP, leading to a massive supply shock and a substantial rise in its market cap. However, Costa clarified that these projections are hypothetical and based on optimistic assumptions about the future of tokenization and adoption.

On the technical side, XRP has formed what some analysts believe to be a multi-year double bottom pattern, which, if validated, could support a rally toward double-digit figures. EGRAG, a prominent market strategist, has highlighted this pattern as a bullish indicator, with a potential price target of $22 to $27 if the token breaks above key resistance levels. However, the token has remained in a sideways trading range for months, and any meaningful breakout would require strong buying pressure and sustained market confidence.

Source:

[1] XRP Price Prediction: Is Triple-Digit Target Incoming? (https://coinpedia.org/news/xrp-price-prediction-is-triple-digit-target-incoming/)

[2] Here's XRP Price If It Becomes the First Coin Held by Top 10 Central Banks (https://thecryptobasic.com/2025/09/06/heres-xrp-price-if-it-becomes-the-first-coin-held-by-top-10-central-banks/)

[3] Analyst Predicts The XRP Price If 10% Of Global Assets (https://www.mitrade.com/insights/news/live-news/article-3-1100234-20250905)

[4] XRP Double Bottom Pattern Fuels Case for Rally Into Two Digits (https://thecryptobasic.com/2025/09/06/xrp-double-bottom-pattern-fuels-case-for-rally-into-two-digits/)

[5] Ripple (XRP) Price Forecast: XRP Stalls as Mutuum Finance (MUTM) Takes Center-Stage (https://www.mitrade.com/insights/news/live-news/article-3-1101677-20250907)