XRP News Today: XRP Price Surges Over 8% Despite Critical XRP Ledger Security Breach

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Brawenewcoin 2 days ago 169

 <a href='https://market.bitrss.com/coin/ripple' rel='noopener' target='_blank' class='crypto-highlight' title='XRP Market Overview'>XRP ($2.22)</a> Price Surges Over 8% Despite Critical XRP Ledger Security Breach

The bullish price action comes amid a wave of renewed market optimism following comments by U.S. President Donald Trump and increasing institutional interest in the token.

XRP is now trading around $2.22, with technical indicators suggesting a continued move toward the next psychological barrier at $3.00. The Relative Strength Index (RSI) remains in bullish territory, and the 50 and 100-day Exponential Moving Averages (EMAs) are providing immediate support.

Market sentiment for risk assets has brightened since Trump clarified he has “no intention of firing” Federal Reserve Chair Jerome Powell. The U.S. President also called on Powell to cut interest rates proactively, a move that has triggered rallies across the broader crypto market. Bitcoin, Ethereum, and Solana joined XRP in rebounding sharply.

XRP Ledger Library Compromised in Supply Chain Attack

Even as XRP price strengthens, a serious vulnerability was discovered in the XRP Ledger Foundation’s official JavaScript library—used by developers to interact with the Ripple ledger. The open-source npm package, xrpl.js, had been compromised by attackers who inserted a malicious function designed to steal wallet seeds and private keys.

XRP Ledger Library Compromised in Supply Chain Attack

A compromised Ripple-linked developer account is suspected in the breach, though no specific threat actor has been identified. Source: Syed Aquib via X

“This package is used by hundreds of thousands of applications and websites,” security firm Aikido noted, calling the attack a potentially catastrophic supply chain breach for the Ripple crypto ecosystem.

The malicious code was buried within several versions of the xrpl.js library, particularly in the “/src/index.ts” file. It included a function masked under a deceptive user agent, allowing attackers to drain funds from compromised wallets. Developers using the affected versions have been advised to rotate private keys, deactivate master keys, and upgrade to the patched version 4.2.5.

XRP Ledger Foundation Responds Swiftly

The XRP Ledger Foundation confirmed it had already replaced the compromised package in its repositories. “We have removed the previously compromised version,” the Foundation said on X. Fortunately, key XRP Ledger ecosystem platforms—including XRPScan, First Ledger, Gen3 Games, and the Xaman Wallet—were not affected.

XRP Ledger Foundation Responds Swiftly

Users of the 2.14.x branch should urgently update to version 2.14.3 to eliminate the compromised npm package. Source: XRP Ledger Foundation (Official) via X

Despite the scare, XRP held strong, reflecting growing investor confidence. The token’s market capitalization now exceeds $125 billion, with a fully diluted value nearing $215 billion, according to CoinGecko data.

Institutional Interest in Ripple Grows

The XRP price rally aligns with a broader shift in the Ripple market. Since Trump’s win in the 2024 U.S. presidential election, XRP value has jumped over 300%. Regulatory winds appear to be shifting in Ripple’s favor as several asset managers await U.S. SEC approval to launch XRP-backed exchange-traded funds (ETFs).

Institutional Interest in Ripple Grows

Uphold CEO Nancy Beaton announced that RLUSD ($1.00) can now be converted into gold, with all transactions automatically bridging through XRP. Source: GA Spark via X

Adding to the momentum, Coinbase recently listed XRP futures contracts on its U.S. derivatives exchange, signaling increased institutional demand. This comes as the longstanding XRP lawsuit between Ripple and the SEC continues to evolve, with observers watching closely for any resolution that could pave the way for even broader adoption.

Cautious Optimism Ahead

While XRP bulls are eyeing the $3 mark, analysts warn that any retreat below the EMAs could reopen the door for declines toward $2.00, or even as low as $1.80 if bearish pressure escalates. However, derivatives data from Coinglass shows rising open interest and a bullish long-to-short ratio of 1.02, suggesting that more traders are betting on further XRP gains.

Cautious Optimism Ahead

Ripple (XRP) was trading at around $2.20 at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

For now, Ripple XRP news reflects a dynamic interplay of technical momentum, institutional optimism, and cybersecurity vigilance. As Ripple continues to weather legal and technological storms, XRP remains one of the most closely watched tokens in the crypto landscape.



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