- XRP Ledger Banxchange App Goes Live on Android, Apple Launch in 48 Hours.
- XRP Faces Market Pressure Despite Major App Expansion.
Banxchange has officially launched its XRP Ledger app on Android, with an Apple launch following in 48 hours. This adds to the XRP Ledger’s market opportunity value of $1.1 trillion, where institutional and retail cryptocurrencies can be used in seamless payments.
The app allows customers to buy and exchange XRP Ledger tokens via diverse payment methods, including Apple Pay, Google Pay, credit cards, and debit cards. This is unprecedented growth in the XRP Ledger system in that it offers an improved experience to both traders and investors through an easier process.
🚨 XRP LEDGER APP EXPANDS—NOW ON ANDROID, COMING TO APPLE IN 48 HOURS! UNLOCKING $1.1 TRILLION FOR XRP LEDGER!
The XRP Ledger Banxchange App is now LIVE on Android—and in just 48 hours, it launches on Apple, unlocking a $1.1 TRILLION market for the XRP Ledger!
🔹 Start trading… pic.twitter.com/jxEl54qBXZ
— Banxchange (@BanXchange) February 27, 2025
Banxchange has combined off-ramp and on-ramp capabilities to present an interface through which money can efficiently travel between fiat and crypto to join XRP Ledger’s growing network. Banxchange provides direct transfers to ease the purchasing and selling of digital assets.
The cross-blockchain compatibility is an added strength to Banxchange. Operating live on more than eight blockchains including Ethereum, Binance Smart Chain, Polygon, and Avalanche, Banxchange provides seamless exchanges between these diverse networks.
The multi-chain strategy positions Banxchange between multiple blockchain systems to facilitate greater utility and liquidity to XRP and cryptocurrencies in general.
The Apple launch is yet another milestone. Since the App Store has generated over $437.8 billion in market value to date, reaching iOS consumers has the potential to significantly accelerate volume and adoption in trading.
In making XRP Ledger tokens available to Apple customers, Banxchange is attempting to drive mainstream adoption while solidifying its presence in the crypto market.
XRP Drops 5% Despite Key XRP Ledger Key Development
Despite this key growth, XRP price has continued to go in a downtrend. The token is priced at $2.07, down by 5% over the last 24 hours and by 21.6% over the last week. This is an indication that overall market conditions and sentiment override individual development breakthroughs.
Crypto market analysts indicate that XRP is currently facing resistance around the price level of $3.4. Ongoing tests around this price indicate a potential directional breakout or breakdown in price action, which is dependent upon market momentum. Analysts indicate that key support and resistance levels can determine the direction of price action in XRP.
Bulls and Bears Clash Over XRP’s Price Direction
Market observers continue to have mixed views about XRP’s future price direction. Some cite intense buying in support areas, which implies strength in long-term holders. Others point to bearish signs, including a possibility of a bearish crossover between the 21 EMA and the 100 MA, which can mount selling momentum.
The price to monitor is $2.20, $2.30, and $2.60 in potential reversals to the upside, while failure to support can push XRP to lower prices. The coming days will determine whether XRP is to push through resistance or continue to dip in accordance with overall market trends.