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    Home»Cryptocurrency»Ripple (XRP) News Today: February 17th
    Cryptocurrency

    Ripple (XRP) News Today: February 17th

    By February 17, 2026No Comments3 Mins Read
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    A outstanding crypto firm continues to reward XRP, whereas Ripple’s stablecoin carried out higher than USDC on one entrance.

    XRP has skilled a big decline over the previous few months, but curiosity within the asset (and the corporate behind it) stays excessive.

    Within the following strains, we are going to contact upon the newest and most intriguing developments surrounding Ripple’s ecosystem.

    Buyers Need In?

    Ripple’s world occasion, XRP Neighborhood Day, which is devoted to the neighborhood of proponents, builders, and holders, was held final week. It introduced collectively quite a few executives and well-known figures from the crypto business to debate XRP’s rising utilization, institutional adoption, and different trending subjects.

    One participant was Rayhaneh Sharif-Askary (Head of Product & Analysis at Grayscale), who disclosed that advisors on the digital asset supervisor are “continuously requested” by purchasers about XRP. She added that, in some instances, Ripple’s cross-border token is the second-most mentioned asset after Bitcoin (BTC).

    Grayscale is among the many firms that launched a spot XRP exchange-traded fund (ETF) with 100% publicity to the coin. This occurred in late 2025, shortly after Canary Capital became the primary to launch such a product in america.

    Grayscale’s funding car, dubbed GXRP, drew robust curiosity after its debut, with day by day web inflows topping $30 million on a number of events. Nonetheless, over the previous few weeks, the development has shifted, with frequent destructive netflows.

    Grayscale XRP ETF, Supply: SoSoValue

    RLUSD Outperforms USDC on This Entrance

    Ripple’s stablecoin, known as RLUSD, noticed the sunshine of day in December 2024 and has since made vital progress. The product, pegged 1:1 to the American greenback, gained help from many exchanges and famend banking establishments, together with the oldest US financial institution, BNY Mellon.

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    Earlier this yr, the London-based fintech firm LMAX Group partnered with Ripple to combine RLUSD into its institutional buying and selling infrastructure, whereas Zand (a financial institution within the UAE) additionally embraced the token.

    RLUSD’s market cap has exceeded $1.5 billion, a big milestone given its comparatively brief historical past. X consumer SMQKE revealed that the product has grown “a lot quicker” than Circle’s USDC in its first yr.

    XRP Worth Outlook

    The previous week has been fairly turbulent for Ripple’s native cryptocurrency, with its valuation starting from $1.35 to $1.66. Presently, it trades at roughly $1.45, representing a 2% day by day decline.

    XRP Price
    XRP Worth, Supply: CoinGecko

    You will need to be aware that the surge to the native excessive occurred over the weekend and was short-lived, prompting some analysts, resembling Ali Martinez, to explain the 2-week candle closure as a headstone doji. This can be a candlestick sample during which the value spikes throughout the interval however closes close to the place it began, resembling an upside-down “T.” Martinez noted that the final time this formation appeared on the weekly chart, XRP’s value dropped by 46%.

    Different analysts take a extra optimistic view. X consumer BitGuru believes XRP is “popping out of a protracted downtrend” and is making an attempt to reclaim key help at roughly $1.50. Ought to it succeed, a restoration to $1.80-$2 is feasible, they predicted.

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