Recent on-chain data analysis reveals that XRP’s price target of $3 remains elusive for now. Despite growing interest in cryptocurrencies, XRP is facing significant resistance due to a variety of on-chain factors. One key issue is the insufficient transaction volume to sustain a drive towards the $3 mark, coupled with persistent sell-off pressure from short-term investors. Moreover, market volatility and regulatory concerns are weighing heavily on investor sentiment. While XRP continues to benefit from long-term holders who believe in the asset’s potential, immediate price catalysts appear lacking. Analysts suggest that for XRP to breach this price level, an increase in network activity and a broader market rally are essential. This highlights the complex dynamics affecting XRP’s price movements in the current crypto landscape.
CointelegraphNew data shows Tesla’s UK Car Registrations Surge Over 7% in August
September 5, 2025
In an impressive display of growth, Tesla’s new car registrations in the UK have surged by over 7% in August, according to recent data. This