**XRP Price Dips Below $3 as Crypto Market Faces Pressure**

Today, XRP is trading at $2.81, showing a 2.35% drop in the last 24 hours. Its daily trading volume has hit over $7 billion, and its market cap now sits at $166.89 billion, placing it at the #4 spot among cryptocurrencies. With nearly 59.5 billion XRP tokens in circulation out of a total supply of 100 billion, the asset is nearing important support levels that could either trigger a bounce or lead to further losses.

XRP has been struggling to break past the $3 mark. A wider cryptocurrency selloff, caused by Bitcoin falling to a seven-week low and Ethereum reacting to large options expirations, has dragged altcoins like Cardano (ADA), Dogecoin (DOGE), and Sui (SUI) down as well.

Wider economic trends are also hurting crypto. The Federal Reserve has hinted that interest rate cuts might take longer than expected. Inflation is still high, and the U.S. economy remains strong, reducing investor appetite for risky assets like crypto. At the same time, tech stocks are falling after NVIDIA’s AI outlook missed expectations, pushing risk sentiment lower. As a result, the total crypto market cap dropped 3.3% in just one day to around $3.76 trillion.

On-chain data shows XRP’s fundamentals are weakening too. The number of active addresses on the XRP Ledger has fallen from around 50,000 in July to only 24,000 today, according to CryptoQuant. This signals less user activity and engagement on the network.

In the derivatives market, things aren’t looking great either. XRP futures open interest dropped from $10.94 billion to $7.97 billion, showing that traders are pulling back. In the last 24 hours alone, more than $15 million in long positions were liquidated compared to just $1 million in shorts. This indicates that bullish bets are being wiped out quickly.

XRP’s ranking by market value has also taken a hit. It recently slipped below Tether (USDT) and is no longer among the top 100 global assets by market cap.

From a technical standpoint, XRP is trading inside a downward trend channel. The last big rejection happened around $3.25 back in mid-August, giving sellers control of the market for now. XRP is currently holding near the key Fibonacci retracement level of $2.79 (0.5 level).

The nearest support zones to watch are at $2.79, $2.58, and $2.28. On the upside, resistance levels are at $2.99, $3.25, and $3.43. As long as XRP stays above $2.06, its long-term trend isn’t completely broken.

If buyers can defend these key support levels, XRP might become the spark that reignites interest across the altcoin market. Historically, strong XRP rallies have helped boost market liquidity and confidence—something traders are watching closely amid growing speculation around institutional investments and crypto ETFs.

**Bitcoin Hyper ($HYPER): A New Layer 2 on Bitcoin with Solana Speed**

Bitcoin Hyper ($HYPER) is aiming to become the first Bitcoin-native Layer 2 network powered by the Solana Virtual Machine (SVM). The project wants to bring faster and cheaper smart contracts, decentralized apps (dApps), and even meme coins to the Bitcoin ecosystem.

By blending Bitcoin’s secure foundation with Solana’s high-speed tech, Bitcoin Hyper opens up new possibilities like efficient BTC bridging and scalable dApp development.

The team behind HYPER is focused on building trust and scalability from day one. The project has already been audited by Consult to help reassure investors about its security and reliability.

Interest is growing fast — the presale has already raised over $12.8 million. Right now, HYPER tokens are selling for just $0.012825 each, but that price will go up as more tokens are sold during the presale stage.

With rising momentum and a unique position combining Bitcoin’s security with Solana’s performance, Bitcoin Hyper could become a major player in the evolving crypto space.