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XRP News: Brazil Deal Meets ‘Lunacy’ Price Drop As $1,000 Predictions Lose Their Pull

Coinpedia·October 1, 2026·1 min read
XRP News: Brazil Deal Meets ‘Lunacy’ Price Drop As $1,000 Predictions Lose Their Pull

XRP fell after Brazil's CSD BR, a core securities depository, announced it would bring assets onto the XRP Ledger. Flare co-founder Hugo Philion called the market reaction "lunacy," saying it makes no sense. The price drop comes as $1,000 predictions lose traction among traders.

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