XRP News Today: XRP Breaks Year-Long Trendline, Eyes $10 as Whale Activity and Licensing Hopes Fuel Momentum

XRP’s recent breakout above a year-long trendline has reignited discussions about its potential to reach $10, according to market analysis. The asset’s price currently hovers near $3.20, supported by a descending trendline that had constrained gains for over a year. Derivatives data shows open interest at $9.62 billion with a long bias, while support remains intact above $3.00. Analysts like Stephiscrypto suggest XRP is following Bitcoin’s trajectory, with a $10 target potentially within reach if momentum sustains. Whale activity, including movements of over $1 billion in tokens and clustered large orders around $3.44, further signals confidence in the asset’s upward trajectory. Additionally, a potential U.S. bank license for Ripple and steady inflows into XRP-linked products are boosting sentiment, despite periodic pullbacks [1].

The renewed interest in XRP coincides with broader market speculation about a spot ETF and the ongoing Ripple-SEC legal wind-down, which has drawn institutional attention to the asset. However, some traders are shifting focus to alternative projects like Remittix (RTX), a DeFi platform emphasizing utility and cross-chain capabilities. RTX has raised $17.5 million through the sale of 572 million tokens at $0.0876 each, indicating growing institutional and retail support. The project’s focus on low-gas-fee transactions, staking mechanisms, and a simplified user experience for everyday crypto adoption has attracted attention from investors seeking higher-growth opportunities outside the top-tier market caps.

RTX’s traction stems from its product development roadmap and token utility. A wallet beta is set to launch on September 15, 2025, offering full functionality to users. The platform’s emphasis on frequent transactions and staking rewards—where users can validate transactions on a proof-of-stake blockchain—highlights its appeal to DeFi participants. Analysts argue that RTX’s asymmetric upside lies in its focused utility and growing community-driven liquidity. While XRP remains a speculative play, some investors view RTX as a more scalable solution for mainstream crypto adoption, particularly in payment and cross-chain use cases [1].

The shift in allocation reflects a broader trend in the crypto market: a pivot toward projects with clear real-world applications. XRP’s narrative, tied to institutional partnerships and regulatory developments, continues to attract attention, but its price action faces challenges from volatility and macroeconomic factors. In contrast, RTX’s funding success and product roadmap position it as a contender for investors prioritizing innovation and utility. Smart money is rotating into high-growth crypto names like RTX, especially as momentum returns to the sector. While XRP could still surprise to the upside—particularly if ETF approvals materialize—the emphasis on utility-driven assets underscores a strategic shift in investor priorities.

The analysis highlights the duality of market dynamics: XRP’s institutional appeal versus RTX’s grassroots innovation. For traders tracking the “next 100x crypto” theme in 2025, RTX’s combination of product progress and token mechanics makes it a compelling case study. As the crypto landscape evolves, the interplay between regulatory clarity, project fundamentals, and market sentiment will determine which assets capture sustained attention.

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