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While XRP is trading at $1.43 with sideways movement in the last 24 hours, there is something most traders are completely overlooking. The price remains under pressure after falling nearly 30% since the beginning of the year, but the interesting part is not in the short-term charts but in what is happening behind the scenes in the XRP Ledger repository.
Denis Angell, one of the lead developers, recently mentioned that there are six active workflows transforming the ledger infrastructure—things like telemetry, type security, documentation, and restructuring the core code. These are not flashy features for users, but for the long-term health of the network, they are serious work. According to him, it’s tedious but critical. Ripple’s medium-term outlook will heavily depend on whether these technical changes translate into real adoption.
Technically, XRP is trapped. It is below the 50-day SMA at $1.40–$1.42, which acts as immediate resistance. Support is at $1.27–$1.29, a thin zone that, if broken, opens a fall toward $1.10. The 200-day SMA at $2.04–$2.07 is the target for full recovery but seems distant with the current capitulation sentiment. Analysts talk about $2.04 as a possible level for September, but it would require sustained buying pressure that you simply don’t see in current volumes.
What some traders are now evaluating is whether XRP at these prices offers enough asymmetric potential or if there are better opportunities in the infrastructure layer. Projects like Bitcoin Hyper are positioning themselves as Bitcoin Layer 2 with Solana virtual machine, subsecond finality, and low-cost smart contracts. The presale raised $32 million at $0.013678 with staking available for early participants. It’s a completely different risk profile from XRP, but that’s what some are comparing when thinking about return projections.