Attorney John Deaton Praises Cardano-XRP Wallet Connection as Hoskinson Reveals Major Initiatives

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 24 2025

XRP+1.646%

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MORPHO-0.517%

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Cardano's Lace Wallet Integration: Cardano's Lace wallet will support XRP by the end of the year, showcasing a partnership between Cardano and the XRP community, as highlighted by lawyer John Deaton.
Hoskinson's Global Scalability Plans: Charles Hoskinson announced advancements in Cardano's scalability with the introduction of Hydra and the Laos protocol, alongside discussions with industry leaders to strengthen Cardano's global presence.
Governance and Regulatory Focus: Hoskinson addressed concerns about Cardano Foundation's participation in industry events and emphasized the importance of the Clarity Act for clearer digital asset regulations while dismissing negative media reports.
Gemini's XRP Mastercard Anticipation: John Deaton expressed confidence that Gemini's new XRP Mastercard will outperform other crypto cards, emphasizing the need for support from the XRP community for its success.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP) As of , XRP (XRP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.518	0.818	1.155	1.455	1.793	2.093	2.43
Fibonacci	0.818	1.061	1.212	1.455	1.699	1.849	2.093

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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