Ripple (XRP) Price Jumps 8%, New Crypto Project PlayNance (GCoin) Locks 250M Tokens Within Hours

XRPUSDT_2026-03-17_11-59-32

XRP’s value has elevated by greater than 8% over the previous week, pushing above the pivotal $1.5 degree.

Ripple’s native cryptocurrency can also be a number one performer for the previous 24 hours, up by 2.8% – essentially the most out of the highest 10 cash by way of whole market capitalization.

XRPUSDT_2026-03-17_11-59-32
Source: TradingView

It’s price noting that XRP reached significantly greater and pushed above $1.6 for a second, however the bears had been fast to intercept the motion, leading to a slight decline over the previous few hours.

What’s Next for the XRP Price?

Nonetheless, this marked a degree not seen in over a month, which had some analysts already outlining potential breakout targets.

Notably, in the course of the days resulting in right now’s transfer, standard market observer and analyst Ali Martinez outlined that the Bollinger Bands on XRP’s chart had been squeezing. That’s as a result of the coin had spent appreciable time buying and selling inside a comparatively slender vary between $1.33 and $1.47. Bollinger Bands are a well known volatility indicator. The extra squeezed they get, the upper the possibility of a breakout transfer, which is what is occurring now, in response to the analyst.

Martinez commented on right now’s improve, saying that XRP is already breaking out of its triangle sample.

Moreover, he additionally prompt that the following upward goal is $1.85, which might imply a rise of one other 23% from present ranges.

It’s additionally price noting that this newest surge comes on the again of stable fundamentals. Network exercise on the XRP Ledger (XRPL) is hovering, reaching a document high of greater than 7.7 million non-empty wallets.

Additionally, the variety of lively addresses on XRPL reached 46,767, which represents a five-week high.

But XRP’s value isn’t the one factor hovering in crypto right now.

PlayNance Launches GCoin Staking

Arguably one of the crucial anticipated token era occasions, PlayNance’s GCoin, is going down in lower than 14 hours, and the crew has made a significant announcement forward of it.

PlayNance introduced that GCoin staking is now reside. This mechanism is designed to strengthen long-term participation within the platform’s rising Web3 leisure financial system.

The program is now reside on PlayW3 – the agency’s flagship social gaming platform. Moreover, the neighborhood locked over 250 million tokens inside just some hours of the aptitude being reside.

What it means is that GCOIN holders at the moment are capable of lock their tokens and take part in rewards distributed throughout the ecosystem, whereas additionally decreasing circulating provide by way of solely voluntary locking, therefore supporting the sustainability of the token’s broader financial system.

There are smart-contract staking swimming pools the place customers can stake their GCOIN with a minimal threshold of 1,000 cash. The lockup durations are 6, 9, 12, and 18 months. Naturally, the longer the interval, the longer the reward weight.

Those fascinated about taking part the token era occasion can check out the official page for extra particulars. Over 13 billion tokens have already been bought and the present value is ready at $0.00161, however that’s designed to progressively improve, encouraging early participation.

Disclaimer: The above article is sponsored content material. CryptoPotato doesn’t endorse or assume duty for the content material, promoting, merchandise, high quality, accuracy, or different supplies on this web page. Nothing in it ought to be construed as monetary recommendation. Readers are strongly suggested to confirm the data independently and thoroughly earlier than partaking with any firm or mission talked about and to do their very own analysis. Investing in cryptocurrencies carries a threat of capital loss, and readers are additionally suggested to seek the advice of an expert earlier than making any choices that will or is probably not based mostly on the above-sponsored content material.

Readers are additionally suggested to learn CryptoPotato’s full disclaimer.

The submit Ripple (XRP) Price Jumps 8%, New Crypto Project PlayNance (GCoin) Locks 250M Tokens Within Hours appeared first on CryptoPotato.

Similar Posts