Invest ideasNews
28 Mar 2026, 13:30
XRP Global Distribution Shows The Major Holders And What It’s Being Used For
Crypto pundit X Finance Bull has highlighted XRP’s mass adoption and its use across several continents. Given the altcoin’s global utility, the analyst noted that the token won’t remain undervalued forever, hinting it could still reach higher prices. Pundit Points To XRP’s Global Adoption Among Different Countries In an X post, X Finance Bull said that the estimated global distribution of XRP holders paints a picture most people miss. He revealed that Asia-Pacific leads with roughly 35% to 40% of holders and holds an average of 4,200 XRP. The primary uses of the altcoin among these Asia-Pacific holders are remittances and trading. The pundit noted that this is real people moving money across borders using XRP, highlighting the token’s utility. Related Reading: XRP Season About To Start? Historical Oversold Levels Point To Major Rally Furthermore, North America accounts for 25% to 30% of XRP holders globally, with smaller average holdings of around 1,850 XRP. The use case for the token among these holders is shifting towards institutional positioning, the pundit stated. Notably, demand for the altcoin has increased since the XRP ETFs launched last year. Wall Street giant Goldman Sachs is currently the largest XRP holder among these institutional investors. X Finance Bull also revealed that Europe accounts for 20% to 25% of holders, with an average of 2,100 XRP. These holders are said to be holding the token for portfolio diversification. Latin America is behind, accounting for between 8% to 12% of holders. As in the Asia-Pacific region, the primary use case in Latin America is cross-border payments. In line with this, the pundit said that the altcoin isn’t limited to a single country and is a global asset, solving different problems for different people depending on where they live. He added that this kind of global utility doesn’t stay undervalued forever. Bull Case For The Altcoin In another X post, X Finance Bull made a bullish case for XRP, noting that 12 of the 30 banks SWIFT is collaborating with on a blockchain-based shared ledger for real-time, 24/7 cross-border payments are confirmed Ripple partners. He described this development as the moment he had been watching for. Related Reading: Analyst Reveals The Plan For XRP Price Using The Bitcoin Chart The pundit remarked that these 12 banks are linked to Ripple through payment networks, custody, steering groups, or banking consortia. He noted that the regulatory framework and the infrastructure are arriving at the same time and that the banks designing SWIFT’s blockchain future are the same ones that have partnered with Ripple. X Finance Bull added that the architecture of the future is being built by institutions that already know the XRP Ledger inside and out. At the time of writing, the XRP price is trading at around $1.32, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
28 Mar 2026, 13:21
‘Bitcoin Is Not Looking Great’: Why Top Analysts Are Warning BTC Could Plunge Further
Bitcoin tried and failed at $76,000 last week and $72,000 a few days ago. It was rejected in its tracks at both attempts, and the Friday correction pushed it south to a four-week low of $65,500. Although it has recovered some ground since then and currently trades above $66,000, most analysts on X believe the asset is not out of the woods yet and predict at least one more leg down. Not Looking Great Michaël van de Poppe was among the first to outline BTC’s fragile state, stating that “Bitcoin is not looking great.” In a recent post on X, MN Fund’s founder said the cryptocurrency is following a familiar pattern and will likely “hang here for a bit, before continuing to sweep the lows further down the line.” He noted that the $60,000 support will come into focus, which would be his ideal area for opening long positions. Interestingly, another analyst, Jelle, recently noted that he would start buying BTC if it drops even further south, to around $50,000. Van de Poppe, though, asserted that his theory will be invalidated if BTC rebounds decisively and breaks past $71,000, which will “clearly” change the perspective. #Bitcoin is not looking great. The same procedure as during the previous consolidation. It will likely hang here for a bit, before continuing to sweep the lows further down the line. If that happens, a sweep of $60K is the ideal area for longs on this one. Now, what is going… pic.twitter.com/BvCVPmY648 — Michaël van de Poppe (@CryptoMichNL) March 28, 2026 CryptoQuant also wrote about bitcoin’s potential bottom during this cycle recently, and concluded that “it’s still too early” to determine BTC has reached it. The analysts explained that “structural signals” that could solidify a conclusive transition from a medium- to long-term downtrend into an uptrend have yet to clearly emerge. Altcoin Sherpa’s opinion aligned with van den Poppe’s, suggesting that BTC could find some temporary relief, but it could “test the $62Ks eventually.” Touched DCA Zone While also weighing in on BTC’s recent price performance, Merlijn The Trader indicated that bitcoin has dropped and touched the lower boundary of the “DCA Zone.” History shows that the asset has not fallen to the lower region of the rainbow below for many years. And, when it has been within it, it has bounced by 100x in 2015, by 20x in 2019, and by 5x in 2023. If it breaks below it now, it would be the first such instance in history, Merlijn explained. However, if it holds and rebounds, then the “expansion phase opens.” BITCOIN JUST TOUCHED THE DCA ZONE FOR THE FOURTH TIME. 2015: green zone. Then 100x. 2019: green zone. Then 20x. 2023: green zone. Then 5x. 2026: right now. Hold it: expansion phase opens. Lose it: first break in history. You are in the right zone. pic.twitter.com/9GDj35goiv — Merlijn The Trader (@MerlijnTrader) March 28, 2026 The post ‘Bitcoin Is Not Looking Great’: Why Top Analysts Are Warning BTC Could Plunge Further appeared first on CryptoPotato .
