XRP price prediction: whale selling rises as traders explore this new ETH L2 with 1000% staking rewards

The XRP price prediction is at the centre of attention after its dramatic rally of over 550% since November.

The cryptocurrency’s recent performance has caught the recognition of both technical analysts amid the heavy selling action from the smart money.

Analysts believe this sell-off is a mere profit-taking action at the institutional level. Still, smart investors are following the money to Layer Brett, the new Ethereum layer 2 token with 100x predictions.

Market traders pivot to Layer Brett: Is a 100x jump possible?

Layer Brett has entered the meme coin market at a time when community-driven tokens continue to dominate speculative trading.

The rise of meme coins like PEPE, Dogwifhat, and Bonk has proven that viral marketing and community engagement can drive massive gains.

But Layer extends beyond the regular meme hype to deliver true utility. 

The new crypto is built on a cutting-edge Ethereum Layer 2 infrastructure. This system enables near-instant transactions and gas fees that cost just pennies, making it both accessible and efficient for everyday users.

Add gamified staking, NFT tie-ins, and a DAO on the roadmap, and you see that Layer Brett is designed to actually keep people involved after the hype wave.

Layer Brett’s staking program takes things to a notch. Staking rewards reportedly reach up to 20,000% APY, encouraging committed ecosystem participation.

Throw in governance rights, exclusive airdrops, and early-access benefits, and you have a reward-rich ecosystem designed to keep capital locked in for the long term.

The broader market sentiment also plays a key role in Layer Brett’s 100x potential.

As the altcoin season is about to start, lower-cap meme coins are seeing increased investor interest. Given that Layer Brett is still in presale, it could benefit from this wave if it maintains its market appeal.

XRP price prediction: Fundamental metrics raise questions

XRP is in a critical phase after facing intense selling pressure from its largest holders.

Since July 9, whales have offloaded 640 million tokens, totaling $1.91 billion. Its price has fallen below the $2.9 threshold. And its trading volume is down 12% for the month, but still exceeds $4.8 billion in daily activity.

This sell-off occurred due to signs of a potential market top. DefiLama data shows that over 95% of XRP’s circulating supply is currently in profit, a setup that historically precedes sharp price corrections.

XRP’s recent price dip likely triggered fear of missing out among these institutional holders. 

Meanwhile, the XRP price prediction is looking bleak as the growth of the XRP Ledger lags behind other major layer-1 blockchains.

The network’s $190 billion market cap is roughly 2,200 times larger than its $85 million total-value-locked. 

This ratio contrasts sharply with Ethereum’s ratio of about 5.6, despite XRP’s valuation being nearly 40% of Ethereum’s market cap.

Such disparity has led to concerns over extreme overvaluation relative to on-chain activity. 

If whale sell-off continues, XRP could clear its early gain of 2025 and drop towards $2.2. Breaking its current support level could open the path toward a massive price fall.

Still, it’s worth considering that XRP has shown resilience during previous market tops, maintaining a choppy momentum without experiencing major declines. 

This characteristic suggests XRP may defy typical market behavior patterns when a sell-off happens.

Conclusion

The XRP price prediction portrays a negative outlook after last month’s win. The real explosive deal now lies with LBRETT.

With meme-driven virality, blazing-fast Layer 2 infrastructure, and jaw-dropping staking rewards, LBRETT isn’t just riding the alt season wave; it’s positioned to lead it.

Grab your share to ride what could be one of the biggest breakouts of the year!

Website: https://layerbrett.com 

Telegram: https://t.me/layerbrett 

X: (1) Layer Brett (@LayerBrett) / X 

The post XRP price prediction: whale selling rises as traders explore this new ETH L2 with 1000% staking rewards appeared first on Invezz