Ripple’s XRP Price Analysis

Ripple’s XRP has experienced price declines recently, eliciting mixed reactions from analysts. Some attribute its struggles to external factors while others maintain it remains strong against Bitcoin (BTC). Adding complexity, Japanese exchange SBI VC Trade has expanded its cryptocurrency lending offerings, further benefiting XRP holders.

Conflicting Views on Market Performance

Tony Edward counters Bitcoin maximalists, asserting they unfairly criticize XRP’s decline, especially as the broader crypto market faces downturns.

As of press time, XRP trades at $2.19, down 3.36% in 24 hours and 18.33% over the past week. With a circulating supply of 58 billion, XRP’s market cap is approximately $126.96 billion.

Bearish View: Ripple Lobbying Allegations

Conversely, Pierre Rochard presents a bearish perspective, claiming XRP has declined since allegations against Ripple surfaced. He argues that Ripple is aggressively lobbying against the Strategic Bitcoin Reserve (SBR), spending millions to influence political decisions. Rochard also accuses Ripple of targeting Bitcoin mining regulations to protect its market position and promote central bank digital currencies (CBDCs).

Bullish Analysts See XRP Strength vs. Bitcoin

In spite of bearish views, some analysts remain optimistic about XRP’s prospects. EGEAG CRYPTO believes XRP shows significant strength against BTC, highlighting a bullish formation sustained by historical data and market trends. Potential price targets include Fib 1.272 at $0.000072, Fib 1.414 at $0.000095, Fib 1.618 at $0.00014, and Fib 1.888 at $0.00023, with caution that XRP must stay above Fib 0.618 at $0.000020.

> #XRP / #BTC – No 🧠:
>
> ONLY FEW WILL truly grasp the incredible strength that #XRP is showcasing against #BTC right now. The current formation is undeniably super bullish! 💪
>
> Double Digits: Written in Golden Ink! ✍️
> Here are some potential targets to keep an eye on:
> 🪙Fib… pic.twitter.com/NiO3NfswEc
> — EGRAG CRYPTO (@egragcrypto) February 27, 2025

SBI VC Trade Expands Crypto Lending, Now Featuring XRP

Beyond price trends and analyst predictions, XRP adoption continues to grow in other sectors. SBI VC Trade, part of Japan’s SBI Group, recently launched applications for its cryptocurrency lending service. The exchange allows users to earn interest on their crypto holdings, including XRP, Bitcoin, and Shiba Inu (SHIB), among 37 cryptocurrencies available for lending. Interest rates vary based on the asset and market conditions, with Polkadot (DOT) reached as high as 20%.

SBI Holdings entered the crypto lending space in November 2020 and has gradually expanded services. XRP was integrated in 2021, indicating sustained institutional interest in the asset. This new lending service allows XRP holders to generate passive income rather than just holding their assets dormant.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Coin Edition is not responsible for any losses incurred from the content. Exercise caution before making financial decisions.