February 28 News: XRP remains resilient in a volatile market, holding steady around $1.41 and maintaining a key range between $1.32 and $1.48. As on-chain activity increases and capital inflows strengthen, market focus centers on “Can XRP break through $1.50?” and “What does the surge in FXRP minting mean?”
On-chain data shows that over 3 million FXRP were minted and deposited into the ecosystem within 24 hours on February 27, significantly boosting DeFi participation. Flare Networks disclosed that 1.3 million FXRP were minted within the first 7 hours. Currently, the total FXRP supply is about 106 million, with approximately 89 million locked in DeFi protocols, representing a locked value of around $126 million and a deployment ratio close to 70%, indicating increased capital utilization and confidence. Transaction activity based on Flare smart accounts via Upshift.fi and Xaman Wallet has notably heated up.
Institutional signals are also positive. On February 26, XRP spot ETF saw a net inflow of $1.22 million, with weekly net inflows reaching $7.53 million, showing continuous accumulation over multiple trading days. The capital flow remains steadily upward, resonating with on-chain expansion and reinforcing XRP’s strategic position in asset allocation.
From a technical perspective, the RSI is near 40 with signs of recovery, and the MACD is approaching neutrality, indicating weakening bearish momentum. If the price effectively breaks through the $1.49–$1.50 resistance zone, the next target could be around $1.80. Driven by themes such as “Growth in XRP DeFi Lockup” and “XRP ETF Capital Flows,” momentum is building, and the bullish structure remains intact.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ripple President Says RLUSD Could Overtake USDC: How This Could Impact XRP
Stablecoins have become one of the fastest growing sectors in the crypto industry. The conversation intensified recently after a new statement from Ripple leadership. Ripple president Monica Long made a bold remark about the future of the company’s stablecoin during an event in
CaptainAltcoin10m ago
XRP Volatility Builds as Bollinger Bands Tighten Near $1.38
Key Insights
XRP Bollinger Bands tighten near $1.38, signaling growing volatility pressure as traders watch for a breakout after several sessions of price consolidation.
Trading activity increased sharply as volume rose above $2.8 billion despite price decline, indicating rising
CryptoFrontNews35m ago
XRP ETFs See Just Nine Red Days Since Launch as Goldman Sachs Leads Holdings
Spot XRP ETFs have recorded a net outflow of just 9 days since their launch at the start of November; cumulative net inflows hit $1.4 billion.
At the end of 2025, Goldman Sachs held $154 million worth of the ETFs, topping the list of the 30 largest holders.
Spot XRP exchange-traded funds hav
CryptoNewsFlash1h ago
Cryptocurrency News Today (March 12) | SEC and CFTC Sign Crypto Regulatory Agreement; Ripple Plans to Repurchase $750 Million in XRP
This article summarizes cryptocurrency news for March 12, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price predictions. Today's major Web3 events include:
1. Ripple announces $750 million XRP buyback plan; can token price break through the consolidation range?
2. Mainstream CEX launches Pi coin countdown, bullish sentiment rises ahead of Pi Day;
3. Wall Street giants bet on prediction markets: open interest reaches new high of $1.2 billion, while U.S. Congress prepares regulatory action.
GateNews2h ago
