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Reading: XRP faces potential selloff following 93% profitability
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Blockchain

XRP faces potential selloff following 93% profitability

Last updated: August 21, 2025 9:45 pm
Published: 6 months ago
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21st August 2025 – (New York) XRP, the cryptocurrency powering Ripple’s blockchain, is trading near $2.91, with 93% of its circulating supply currently in profit. While this milestone highlights strong gains for investors, analysts warn that such high profitability levels may trigger significant selloffs, testing the token’s resilience. Market data reveals that since July, XRP holders have consistently seen over 90% profitability, reflecting a robust upward trend. However, this level of success often brings the risk of widespread profit-taking, as many investors may be tempted to cash out.

The critical question now is whether XRP’s $2.90 support level can withstand increased selling pressure. So far, the cryptocurrency has demonstrated stability, suggesting strong confidence among long-term investors.

Adding to XRP’s bullish potential, SWIFT recently announced its exploration of blockchain solutions for cross-border payments, with Ripple and Hedera Hashgraph being key contenders. If Ripple secures a major institutional partnership, the current 93% profitability could be a prelude to even higher gains.

Traders are closely monitoring this pivotal moment, as XRP balances between the risk of corrections and the opportunity for a new rally fueled by strong fundamentals and institutional interest. Whether the market sees a downturn or a breakout remains to be seen.

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