XRP Below $2.60 as Traders Eye $18M Mutuum Presale
XRP price has slipped below the $2.60 support level, consolidating after a brief Fed-driven rally. Traders eye a rebound above $2.80, but limited upside is prompting a shift toward high-growth DeFi. Mutuum Finance’s Phase 6 presale at $0.035 per MUTM has raised over $18 million with 17,550 holders and 780 million tokens sold. A CertiK audit rated its smart contracts 90/100. The upcoming Sepolia testnet (Q4 2025) will launch liquidity pools, mtTokens, debt tokens and an auto-liquidator. A buyback mechanism and Chainlink oracle integration aim to support long-term token value. Community incentives include a daily leaderboard with $500 in MUTM rewards. Analysts compare Mutuum Finance to early Solana growth, forecasting a potential 15x gain to $0.45–$0.55 in 2026, making it an attractive DeFi opportunity amid XRP’s stagnation.
Bearish
XRP slipping under $2.60 reflects weakening buying pressure and puts immediate support levels at risk. In the short term, traders are likely to shift capital from XRP to high-growth presales such as Mutuum Finance, exacerbating downward pressure. A successful rebound above $2.80 could stabilize XRP, but momentum remains limited. Over the long term, XRP’s large market cap and maturity cap its upside potential, making it less attractive for rapid gains compared to nascent DeFi tokens. Consequently, this news is bearish for XRP as it signals both reduced short-term momentum and constrained long-term growth prospects.