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XRP Price: Ripple Gets Its Bank License While Whales Load Up

XRP Price: Ripple Gets Its Bank License While Whales Load Up

Photo: CoinCentral

TLDR XRP trades near $1.29 as exchange withdrawals reach their highest share since mid-August, ahead of the Fed’s October 28 decision. Ripple received final OCC approval for Ripple National Trust Bank, announced by CEO Brad Garlinghouse. Santiment says wallets holding at least 10M XRP control about 68.5% of supply, the most since November 2022. XRP ETFs saw $4.25 million in inflows from October 19 to 23, after $1.84 million in outflows the week before. XRP defends $1.27 support, with $1.31 as the neckline resistance on the four-hour chart.

Source: CoinCentral

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