XRP, the native token of XRP Ledger, has decreased nearly 10% since Sept 19, briefly surging on Sept 23 after Ripple CEO Brad Garlinghouse announced his wedding. However, the token fell on Sept 24 after hitting $2.99. XRP is currently down almost 2% at $2.82 with $8.28 million worth of XRP long over the last day.
Resistance for XRP is near $3.20-$3.30, support at $2.60. Momentum has cooled since July with MACD near a bearish crossover. If XRP stays above $2.60, consolidation may lead to a retest of $3.00. Despite price action, Garlinghouse praised the XRP community at the XRP Seoul event.
At the XRP Seoul event, mXRP was introduced, offering 8% returns by channeling dormant XRP into yield-bearing structures. XRP also has various utilities like on-demand liquidity for financial institutions, NFT minting and trading, staking, lending, and collateral use on decentralized platforms, and transactional asset facilitation.
Ripple partnered with Securitize on Sep 23 to enable investors holding tokenized funds like BUIDL and VBILL to exchange their tokens for RLUSD at any time. While not directly XRP-related, they fall under Ripple’s ecosystem. The story was reported by TheStreet on Sep 25, 2025, in the Business News section.
Read more at Yahoo Finance: Ripple CEO loves one thing about the XRP community
