Advertisement
AD
Advertisement
AD

Top US Exchange Puzzled by XRP Rally

Tue, 6/01/2026 - 18:49
Top US exchange Gemini has attempted to decode the ongoing XRP rally with the help of the Grok AI bot.
Advertisement
Top US Exchange Puzzled by XRP Rally
Cover image via U.Today
Read U.TODAY on
Google News
Advertisement

Gemini, the Winklevii-founded cryptocurrency, has used Grok (xAI's chatbot) to showcase the massive price action on XRP.

The popular US trading platform asked the chatbot to identify why the token was experiencing such an impressive pump. 

A major partnership 

The "chummy" relationship between Gemini and the XRP community is the result of a formal business partnership that was solidified in late 2025.

Advertisement

In August 2025, Gemini and Ripple officially collaborated to launch the "XRP Edition" of the Gemini Credit Card.

Tyler Winklevoss explicitly marketed this to the community, with Ripple executives joining the campaign. 

On top of that, reports surrounding Gemini's IPO plans revealed that Ripple provided Gemini with a $75 million credit line, which is expandable to $150 million.

Advertisement

Earlier, both companies had been engaged in high-profile, expensive legal wars with the U.S. Securities and Exchange Commission (SEC).

Tyler Winklevoss has publicly defended Ripple. He even argued that the Oregon Attorney General had to be impeached for calling XRP a security after a federal judge ruled otherwise.

Gemini was one of the first major exchanges to integrate RLUSD, Ripple's USD stablecoin, as a base currency for trading.

You Might Also Like

Technical caution 

In the meantime, as reported by U.Today, legendary trader John Bollinger recently ranked XRP’s technical setup below that of Bitcoin despite the former's stronger percentage gains.

The token experienced an almost vertical ascent with no "firm support base" underneath. Hence, it is vulnerable to a sharp pullback.

Advertisement
Advertisement
Advertisement
Advertisement
Subscribe to daily newsletter

Recommended articles

Our social media
There's a lot to see there, too
Advertisement
AD