Today, Ripple’s chief executive Brad Garlinghouse gave fresh remarks on U.S. crypto policy. He criticized current SEC oversight and referenced prior XRP court findings. The comments targeted regulation, not trading. They also kept focus on policy signals for enterprises.
Meanwhile, the XRP Ledger nearing 100 million accounts. Reporters framed this as a usage milestone rather than a market event. The figure reflects steady address growth across recent months. It also underscores ongoing network activity outside price charts.
In parallel, Ripple’s planned GTreasury acquisition remained a core operational story. The company continues building a treasury and payments stack for institutions. Teams described workflows around cash, liquidity, and settlement. These details speak to infrastructure, not speculation.
Additionally, banking partnerships stayed in the discussion. South Africa’s Absa Bank highlighted digital-asset custody built with Ripple technology. The bank described tokenized-asset safekeeping for clients. As a result, custody rails advanced without touching price narratives.
XRP slide eyes $2 support, while $2.60 caps rebounds
Analyst Ali posted a three-day XRP/USDT perpetual chart from Binance showing a steady decline and a dotted path toward $2. Price failed to hold the mid-range near $2.60, which now acts as resistance. The chart also highlights a prior swing area around $2.30–$2.25 that is being retested from below.
Selling pressure persists on lower highs and lower lows. Each bounce fades beneath the $2.60 ceiling, keeping momentum negative on the three-day timeframe. Meanwhile, the round-number level at $2.00 aligns with an earlier demand zone on the chart, creating a logical checkpoint for bears.
Therefore, the path of least resistance points down as long as price trades under $2.60. A clean break below $2.25–$2.20 would open room to probe $2.05–$2.00. Conversely, a decisive reclaim of $2.60 would neutralize the immediate slide and shift focus back to $2.70–$2.75. This read follows the structure shown in Ali’s post and uses the same levels for validation.
Finally, ecosystem financing drew attention. Reports noted plans for new capital focused on XRP-related treasury uses. Timelines point to multi-year execution windows. Therefore, the items affect market structure and access rather than intraday moves.
