Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
XRP News Today: Rising Number of XRP Wallets Sparks Optimism for Crypto Summer as Institutions Increase Investments

XRP News Today: Rising Number of XRP Wallets Sparks Optimism for Crypto Summer as Institutions Increase Investments

Bitget-RWA2025/11/06 04:04
By:Bitget-RWA

- XRP sees 21,595 new wallets in 48 hours, Santiment's largest surge in eight months, as price rebounds from $2.2 support. - Technical indicators show bullish RSI divergence and potential reversal patterns, with $2.6 resistance as key hurdle. - Ripple's $500M institutional investment and Mastercard-led RLUSD integration boost XRP's institutional adoption and regulatory clarity. - Ethereum's ecosystem expansion and potential XRP ETF listings amplify crypto summer optimism amid Fed's QE expectations.

The digital asset sector is undergoing a notable transformation as 21,595 new

wallets were established in just two days, representing the most substantial increase in the past eight months, based on data from Santiment. This surge coincides with XRP’s price bouncing back from a crucial support zone, reigniting confidence among both retail and institutional investors. Since a significant market downturn in October 2025, the altcoin has repeatedly challenged the $2.2 support mark, and its recent inability to surpass the $2.6 resistance level may indicate a possible trend reversal, according to a .

Technical signals for XRP are showing bullish momentum. The daily chart for the XRP/USD pair reveals a potential reversal formation, with the Relative Strength Index (RSI) displaying a bullish divergence even as prices have made lower lows since October 11, 2025, as highlighted by Coinpedia. Such divergences are often seen before a shift in market direction, historically pointing to short-term rallies for digital currencies. In addition, Ripple’s recent acquisitions, including firms like Hidden Road and Rail, have strengthened its infrastructure, helping XRP gain prominence in institutional investment portfolios, Coinpedia further reported.

XRP News Today: Rising Number of XRP Wallets Sparks Optimism for Crypto Summer as Institutions Increase Investments image 0

Interest from large-scale investors in XRP is being driven by clearer regulatory guidelines in the United States and the resolution of Ripple’s prolonged legal battle with the SEC. Ripple has also revealed a $500 million strategic funding round, led by Fortress Investment Group and Citadel Securities, valuing the company at $40 billion, according to Coinpedia. Moreover, Ripple’s partnerships with Mastercard, WebBank, and Gemini to bring RLUSD to the XRP Ledger for on-chain fiat transactions highlight the asset’s increasing mainstream acceptance, Coinpedia noted.

The wider blockchain industry is also experiencing growth. Projects built on Ethereum are gaining momentum, with the

Foundation introducing the at Devcon to nurture new ventures. At the same time, seven Ethereum-based protocols have come together to create the (EPAA), aiming to protect the $100 billion DeFi sector from excessive regulation. The alliance is committed to values such as on-chain openness and universal access to decentralized finance, supporting EPAA’s mission to influence policy through technical knowledge, as reported by .

Investors are keeping a close eye on the potential approval of spot XRP ETFs, which could boost demand, especially as the Federal Reserve is expected to implement quantitative easing (QE), a trend noted by Coinpedia. Grayscale’s Ethereum Mini Trust ETF, which began staking Ether in October 2025, demonstrates similar institutional enthusiasm for crypto, as referenced in the

.

With the expansion of XRP wallets and the growth of the Ethereum ecosystem coinciding with broader economic trends, the market seems set for a potential “crypto summer.” Nevertheless, traders remain vigilant, as XRP still faces significant resistance at the $2.6 level, Coinpedia concluded.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

XRP News Today: Mastercard’s Blockchain Initiative: Regulated Networks Set to Transform International Payments

- Mastercard explores $1.5B-$2B acquisition of MiCAR-licensed crypto infrastructure firm Zerohash to expand Web3 capabilities. - Partners with Ripple to pilot RLUSD stablecoin for credit card settlements on XRP Ledger, enabling instant cross-border transactions. - Zerohash's regulatory compliance and $1B valuation align with Mastercard's strategy to bridge traditional finance and blockchain infrastructure. - RLUSD's NYDFS-backed growth and XRP Ledger integration could reshape global payments while reinforc

Bitget-RWA2025/11/06 12:50

DoorDash Shares Drop 10% as Focus on Growth Reinvestment Outweighs Earnings Outperformance

- DoorDash's stock fell over 10% post-earnings despite $3.45B revenue beat, driven by 25% GOV growth and 21% order increase. - Management signaled $300M+ 2026 AI/tool investments and revised Deliveroo's EBITDA contribution down by $32-40M due to accounting changes. - Analysts cut price targets (Wells Fargo to $239) as $754M adjusted EBITDA (up 41%) was overshadowed by reinvestment concerns despite $723M free cash flow. - 42% YTD gains amplified sell-off sensitivity, with 31 analysts retaining "Moderate Buy

Bitget-RWA2025/11/06 12:50
DoorDash Shares Drop 10% as Focus on Growth Reinvestment Outweighs Earnings Outperformance

Savers Confront a Choice: Lock in Safe 5% Returns or Chase DeFi's Tempting 12%

- Fed rate cuts in 2025 spurred high-yield savings accounts offering up to 5.00% APY, outpacing traditional banks' 0.40% average. - DeFi platforms like ZEROBASE and Maple Finance offer 12-7% APY on stablecoins, but require higher risk tolerance and short liquidity periods. - Banks may reduce APYs if further Fed cuts occur, while FDIC-insured high-yield accounts remain popular for inflation protection. - Alternative assets like Bitcoin and dividend stocks (e.g., Viper Energy's 3.49% yield) show growing comp

Bitget-RWA2025/11/06 12:28
Savers Confront a Choice: Lock in Safe 5% Returns or Chase DeFi's Tempting 12%

Bitcoin News Update: Institutions Remain Wary as Retail Investors Drive Crypto Innovation—The Battle for Dominance Escalates

- Bitcoin fluctuates near $110,000 amid ETF outflows and revised institutional price targets, with long-term holders creating resistance through strategic BTC distributions. - Ethereum and XRP show resilience with ETF inflows and whale activity, while emerging projects like Remittix ($27.8M raised) and Noomez gain traction through innovative tokenomics. - Analysts remain divided: some see $120,000 potential if Bitcoin breaks key averages, while others warn of $72,000 corrections amid macroeconomic uncertai

Bitget-RWA2025/11/06 12:14
Bitcoin News Update: Institutions Remain Wary as Retail Investors Drive Crypto Innovation—The Battle for Dominance Escalates