TradeCityPro | Deep Search: In-Depth Of XRP👋 Welcome to TradeCity Pro!
Today, we're diving deep into the Uniswap project with Deepresearch. First, we'll review the project information, and then I'll provide a technical analysis of the UNI coin.
🤑Overview of XRP & XRP Ledger (XRPL)
XRP Ledger (XRPL) is a decentralized blockchain launched in 2012 that functions as a currency exchange network, payment settlement system, and remittance platform. It is designed as an alternative to the SWIFT system for international money transfers, enabling instant and low-cost transactions. Of course, these services have not been officially launched yet.
🔹Key Features
Transaction Speed: 3-5 seconds
Scalability: 1,500 transactions per second
Low Fees: $0.0002 per transaction
Energy Efficiency: Carbon neutral and low energy consumption
🔹How XRP Works
XRP operates on an open-source, peer-to-peer, decentralized platform. Unlike Bitcoin and Ethereum, which use Proof-of-Work (PoW) and Proof-of-Stake (PoS), XRP uses the Ripple Protocol Consensus Algorithm (RPCA).
🔹Key Components of XRP Ledger
Consensus Mechanism:
-Transactions are verified by a group of bank-owned servers (validators).
-Users select trusted nodes (Unique Node List - UNL) for transaction validation.
-A transaction is validated if 80% of validators approve it.
-Instead of blocks, ledgers are used to store transactions.
🔹Gateways:
-Acts as a middleman for currency exchange between fiat and cryptocurrencies.
-Anyone can create a gateway to provide liquidity in XRP transactions.
🔹Transaction Fees:
Minimum transaction cost is 0.00001 XRP, significantly lower than bank fees for cross-border payments.
🔹XRP Tokenomics & Vesting Schedule
Total Supply: 100 Billion XRP (Pre-mined)
Current Circulating Supply: ~45 Billion XRP
Escrow System:
-80 Billion XRP was given to Ripple Labs at launch.
-55 Billion XRP was locked in escrow, with monthly releases of up to 1 Billion XRP.
-Unused XRP is returned to escrow to control supply inflation.
Inflation and Deflation Mechanism:
Every transaction burns a small amount of XRP, reducing total supply over time.
Unlike Bitcoin, which is capped at 21 million coins, XRP’s supply management prevents extreme price volatility.
🔹Ripple’s Funding & Investors
Total Raised: $294.5 Million
Current Valuation: $9.8 Billion
🔹Major Funding Rounds
🔹Key Investors & Partnerships
1- SBI Holdings – Major financial institution in Japan, strong supporter of XRP.
2- Santander & Accenture – Integrated XRP for remittance solutions.
3- Bank of America & American Express – Tested XRP for cross-border payments.
4- BlackRock – Exploring tokenization of U.S. Treasury bonds on XRP Ledger.
🔹Ripple and SEC Lawsuit
Background of the Legal Case
-The SEC filed a lawsuit against Ripple in December 2020, alleging that XRP is an unregistered security.
-Ripple argues that XRP is a digital asset, not a security, and operates similarly to Bitcoin and Ethereum.
Latest Developments
-July 2023 Court Ruling: U.S. District Judge Analisa Torres ruled that XRP is not inherently a security, particularly when traded on secondary markets. However, the court found that Ripple's direct sales of XRP to institutional investors constituted unregistered securities offerings.
-Ongoing Settlement Discussions: Recent reports indicate that the SEC is considering classifying XRP as a commodity in its ongoing settlement talks with Ripple Labs.
Potential Impact on Market
-If Ripple wins – Strengthens XRP’s legal standing, boosts institutional investment, and may set a precedent for other cryptocurrencies.
-If SEC wins – Increases regulatory scrutiny, could affect other blockchain projects, and may impact market liquidity.
🔹Future Roadmap & Developments (2025)
Regulatory Expansion and Compliance:
-Expanding into Dubai with regulatory approval, reducing dependency on the U.S.
-Seeking partnerships with Central Banks for CBDCs (Central Bank Digital Currencies).
Tokenization and Institutional Finance:
-BlackRock partnership to tokenize U.S. -Treasury Bonds on the XRP Ledger.
-Increased use of XRPL for real-world asset (RWA) tokenization.
Enhanced XRP Ledger Capabilities:
-Improvements in transaction speed and cost-efficiency.
-New developer tools for smart contracts and DeFi applications.
🔹TVL overview:
An analysis of the Total Value Locked (TVL) in XRPL reveals that after a significant drop in early November 2024, it has recently shown a modest upward trend. Since early February 2025, TVL has increased from approximately $31.5 million to $34.5 million. Despite this recovery, it remains about 380% below its peak recorded in November.
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🔹Certik: 94.25
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🔹Ripple Team and Key Figures Behind XRP
Founders (2012):
-David Schwartz (CTO): Architect of XRP Ledger, leads technical development.
-Jed McCaleb: Co-founder, later founded Stellar (XLM).
-Arthur Britto: Key cryptographic contributor, works on decentralization.
-Chris Larsen: Co-founder, now Executive Chairman.
🔹Current Leadership:
-Brad Garlinghouse (CEO): Drives global expansion, leads SEC legal battle.
-Monica Long (President): Manages Ripple’s growth strategy.
-Kristina Campbell (CFO): Oversees Ripple’s financial operations.
-Stuart Alderoty (Chief Legal Officer): Leads Ripple’s defense in the SEC lawsuit.
-Global Presence: Offices in San Francisco (HQ), London, Singapore, and Duba
🔹On-Chain Analysis of Ripple (XRP)
Following XRP’s all-time high (ATH) in January 2025, network activity has declined sharply, with the number of active addresses returning to levels seen four months ago.
In March, exchange inventories show an increase in inflows, possibly indicating selling pressure from individual holders.
Regarding supply distribution, wallets holding over 1 million XRP (primarily institutions and organizations) have reduced their holdings since the ATH. Meanwhile, the number of addresses holding over 1,000 XRP has increased, but this growth appears to be partly due to transfers from larger holders rather than new demand.
🔹Platforms for creating XRP liquidity pools
Uniswap
KLAYswap
Claimswap
Sologenic
Squadswap
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🔹Some of the wallets that support XRP:
Atomic Wallet
Trust Wallet
Exodus
Guarda
Xaman
Safepal
MetaMask
Tangem Wallet
BitPay Wallet
Math wallet
Trezor
Now that we have reviewed the project, let’s move on to the chart to analyze it from a technical perspective.
📅 Weekly timeframe
As observed in the weekly timeframe, after breaking 0.6568, an upward leg started, and the price even broke through 1.5728, reaching 3.0590.
📊 Market volume was decreasing before the start of the upward movement but surged with the upward trend, although it is currently on the decline again.
✨ The SMA25 has reached the candles, and the price has pulled back to this area. This indicator might introduce new momentum into the market. If it breaks above 3.0590, we could witness the next upward leg.
💫 If this SMA is broken, the price could correct further down to 1.5728. SMA99 could also act as dynamic support.
🛒 For spot purchases, you can enter upon breaking 3.0590. However, if the price corrects further, new triggers will be formed.
📅 Daily Timeframe
In the daily timeframe, as you can see, the price has formed a range box between 2.0032 and 3.3117 and has managed to maintain itself well within this area.
✔️ The 2.0032 area overlaps with the 0.236 Fibonacci level, and if this area breaks, the price could move down to lower Fibonacci levels.
🎲 Market volume in the box is decreasing, which could bring the next price move closer as decreased volume reduces price volatility and allows more whales to influence the price significantly.
⚡️ If the RSI oscillator can stabilize above 50, it might introduce some upward momentum into the market, potentially driving the price up to the box's ceiling. The main trigger for a bullish market is breaking 3.3117.
🔽 For short positions, you can confirm a downward movement with the break of 2.0032, but be aware that this movement is a bearish correction against the main market trend.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
