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Coinpaper 2026-06-03 13:11:30

XRP Price Prediction as Ripple Execs Mark 14 Years of XRPL Growth

XRP price prediction as Ripple Execs mark 14 years of XRPL growth is drawing fresh attention as the token trades near a key technical zone. Ripple leaders celebrated the XRP Ledger’s anniversary while traders watched XRP lose support on the chart. The network milestone shows long-term activity, while the current price setup keeps short-term pressure on buyers. XRP Price Prediction Faces Bearish Chart Pressure XRP price is trading near $1.22 after losing the ascending support line that shaped its structure since late April. The chart shows price breaking down before the May 27 apex, confirming a weaker technical setup after several failed attempts to hold higher levels. The token has also moved below key Fibonacci support areas near $1.2658 and $1.2315. That drop places XRP close to the $1.20 support zone, which now stands as an important level for traders watching the next move. XRPUSD | Source: X A daily close below $1.23 may keep sellers in control. In that case, XRP could test $1.20 first, while a deeper move may expose the February low near $1.11. However, a recovery above $1.30 would ease immediate downside pressure and give buyers room to challenge higher resistance. The chart also shows descending resistance still limiting upside momentum. XRP may need to reclaim the broken support area and move back above nearby resistance before any stronger bullish setup develops. Ripple Leaders Mark XRPL’s Anniversary Ripple executives joined the XRP Ledger community in marking 14 years since the network’s early foundations. David Schwartz, Ripple’s CTO Emeritus and one of XRPL’s original architects, reflected on the project’s early goal of building a better system for moving value globally. Schwartz said the network’s growth came from more than its founders. He credited developers, validators, businesses, and XRP holders for shaping the ecosystem across its long history. His message placed the community at the center of XRPL’s development. Ripple CEO Brad Garlinghouse also marked the anniversary. He described his support for XRP as “the honor of a lifetime,” adding another public show of support for the network during a period of weaker market action. The anniversary brings attention to XRPL’s long operating record. While XRP price remains under pressure, the network’s 14-year history gives the community a separate growth narrative from short-term trading conditions. XRPL Activity Shows Long-Term Network Use XRPL remains one of the older blockchain networks still active in the digital asset market. Since launch, it has processed more than 4.41 billion transactions, showing consistent use across several market cycles. Recent data also showed about 1.92 million transactions processed in one day. That activity comes as XRPL continues to support payments, token issuance, and institutional blockchain use cases. The network has expanded beyond its early payments focus. It now supports cross-border settlement tools, tokenization projects, and business-focused blockchain applications. Japan’s SBI has also used XRPL technology for regulated token issuance, adding to the network’s institutional profile. However, network activity does not remove short-term market risk. XRP still trades inside a weak technical setup, and buyers need stronger volume to reverse the current chart structure. The next XRP price prediction depends largely on whether the token can defend the $1.20 region. Holding that level may allow XRP to stabilize and attempt a move back toward $1.26 and $1.30. A clean move above $1.30 would improve the near-term setup. It could also shift attention toward the former descending resistance area near $1.37. That level remains important as it sits close to the moving average zone shown on the chart.

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