Ripple-linked XRP holds near $1.46 as breakout attempt fades despite $200 million raise
CoinDesk
XRP maintains a price near $1.46 as it tests key resistance levels despite Ripple securing a $200 million funding facility.Summary
XRP is consolidating near $1.46 after failing to break decisively above its long-term resistance zone of $1.47-$1.50. Despite the price stall, the asset shows strength by holding near recent highs rather than facing an immediate sell-off. This market activity coincides with Ripple Prime securing $200 million in funding from Neuberger Berman to expand its prime brokerage services. Additionally, recent institutional collaborations involving JPMorgan, Mastercard, and Ondo on the XRPL platform continue to shift the narrative toward long-term infrastructure utility.
(Source：CoinDesk)