- According to what Ripple tried to get Circle Circle for $ 4 billion-5 billion dollars.
- The price of XRP was higher than a short-term support of $ 2.1-$ 2.4 is the next goal?
ripple [XRP] According to what was reported, $ 5 billion was rejected to gain competition and the Stablecoin Circle. According to Bloomberg a reportIt is claimed that the circle refused the offer for being “very low”.
Matthew Segel, head of the Vanc Digital Asset Research, estimated that the evaluation of property rights in Sirken recently ranged between 4 billion dollars to 6 billion dollars. None of the two parties publicly confirmed the report reported at the time of writing this report.
However, the Bloomberg report indicated that the department’s representative calls the “offer” “market rumors” and repeated the company’s focus on the subscription next public (first public offering).
Stable Circle’s Circle
Circle has started as Stablecoin source, and now USDC is ranked second in the largest digital market after USDT from Tether.
In 2025, the USDC market grew from $ 43 billion to $ 62 billion – a huge growth of 44 % in four months.
Usdt rose only 7.25 % from 138 billion dollars to $ 148 billion during the same period. The market analysts link the continuous growth of USDC to organizational compliance.
It is compatible with a strict organization of the European Union (MICA) and is achieved from the main requirements by the American Stablecoin that has not been approved as a law.
Moreover, Circle recently announced a boundary batch, which most market monitors considered a direct challenge to the Ripple business model.
This asks the question: Is ripples to eliminate competition or standardize driving in this promising market?
One Market Observer Claim It can be a pure monotheism step, citing USDC as “Stablecoin Organization”, huge partnerships and integration.
Varsan Aljarrah Repeat Similar feelings.
“They are now (Ripple) offer a circle.
However, Simon Didic, CEO of Moonrock Capital, criticize This step, called Ripple “Scammy” and saying that she should not acquire a “legal” and profitable circle.
“Ripple tries to buy the circle is the final example of” Fake IT to make it “on steroids.
However, XRP has $ 1.25 billion of capital flows, According to To Glassnode. This partly showed 40 % of its lowest level in April $ 1.6.
Altcoin has grown steadily inside the bullish canal in the short term, and the target can be hit 2.4 dollars if the direction continues.
However, XRP bulls must defend support $ 2.1 to reach the target. Otherwise, a constant decline can lead to less than $ 2.1 to withdraw it to two or less dollars.
Source: XRP/USDT, Tradingview
