XRP News Today: XRP Slides to $3.05 as Nexchain Testnet Draws Investor Shift

XRP has experienced a recent decline in value, falling to $3.05, amid growing attention on the Nexchain testnet and its 100% bonus promotion under the promo code TESTNET100. The move has shifted investor interest toward emerging blockchain platforms and contributed to the recent sell-off in XRP [1]. Nexchain’s testnet is now live, having overcome initial technical issues, and the team has introduced a one-time bonus to reward early participants. The project plans to reveal an updated development roadmap next week, signaling continued progress toward its mainnet launch [1].

Nexchain’s presale is currently in Stage 25, having raised $8,692,801 of its $9,275,000 funding target. The token price is currently set at $0.10, with a confirmed listing price of $0.30, offering a potential 300% return for early buyers. The token has utility across governance, staking, and transaction fees, and is designed for high throughput and low fees, processing up to 400,000 transactions per second with an average cost of $0.001 [1].

The network employs a hybrid Proof-of-Stake mechanism that integrates sharding and Directed Acyclic Graph (DAG) structures, enhancing scalability without compromising decentralization. Cross-chain bridges and AI-driven verification mechanisms further support secure and efficient asset transfers between networks. Smart contracts on Nexchain are also designed for real-time execution parameter adjustments, enabling use cases in payments, lending, asset management, and DeFi yield optimization [1].

Meanwhile, XRP has been affected by broader market liquidations, with over $1 billion in crypto assets liquidated this week. Analysts have pointed out that XRP has moved out of its accumulation phase and is now in an expansion phase, with a price target of $7. On-chain data also suggests large holders have accumulated 320 million XRP in three days, worth approximately $1 billion, indicating a potential shift in market dynamics [1].

Despite its institutional adoption in cross-border payments, XRP’s price remains sensitive to market sentiment and macroeconomic conditions. The recent decline highlights the volatility inherent in the cryptocurrency market, especially for well-established assets. This trend has made early-stage projects like Nexchain increasingly attractive to investors seeking growth opportunities ahead of major launches [1].

Nexchain’s combination of AI-driven infrastructure, secure transaction capabilities, and high scalability positions it as a competitive option in the 2025 presale market. Investors are now weighing the risks and opportunities of mature assets like XRP against the potential of newer projects offering governance rights and multi-industry applicability. As Nexchain moves toward its mainnet launch in Q4 2025, it is expected to continue drawing attention from both retail and institutional participants [1].

The growing interest in token presales reflects a broader shift in investor behavior toward early-stage opportunities. While XRP’s price slide underscores the risks associated with holding large market cap assets during volatile periods, it also highlights the importance of diversification in a rapidly evolving crypto ecosystem. Nexchain’s testnet launch and bonus campaign are part of a larger trend of innovation and competition shaping the landscape of blockchain projects in 2025 [1].

Source:

[1] Coindoo (https://coindoo.com/xrp-price-slides-as-nexchain-presale-launches-100-bonus-offer/)

[2] CoinCentral (https://coincentral.com/xrp-soars-holders-use-simmining-to-mine-bitcoin-earning-38888-daily/)

[3] Coindoo (https://coindoo.com/why-analysts-say-cold-wallets-6m-stage-17-presale-could-outshine-other-2025-crypto-picks/)