January 30 News, XRP once again became the focus of the crypto community due to a real-time price display error during a television program. During this week’s CNBC ‘Crypto World’ show, the screen briefly displayed XRP at $126.01, significantly higher than the actual price of around $1.90 at the time—an increase of over 6500%, instantly sparking discussions on social media.
Looking back at the footage, the program was broadcasting a hearing by the U.S. Senate Agriculture Committee on the structure of the crypto market. Bitcoin and Ethereum prices were normal, but when the camera switched to XRP, the price suddenly jumped into the three-digit range. The production team later confirmed that this was caused by mistakenly applying Solana’s spot price at the time to the XRP segment, a purely technical error.
Nevertheless, this ‘phantom price’ once again aligned with the long-held view of some XRP holders: they believe that the market has not fully priced in XRP’s potential utility, and such abnormal displays are interpreted as hints of a ‘hidden fair value.’ However, multiple crypto media outlets have clarified that this incident was merely a data source confusion.
In fact, XRP has experienced several instances of extreme abnormal quotes in its history. In 2020, a trading platform once showed its price approaching $9,864; in the following years, false values ranging from hundreds to tens of thousands, and even over a billion dollars, appeared across various data sources. These ‘printing errors’ did not alter the actual transactions but repeatedly generated buzz.
From the current market situation, XRP is still fluctuating around $1.7, with a 24-hour trading volume of approximately $5.4 billion. Meanwhile, expectations for XRP spot ETFs continue to rise, with some analysts believing that if such products are launched, they could absorb a small portion of circulating supply and thus amplify price elasticity.
Although the CNBC screen malfunction was a blunder, it once again reminds investors that in highly emotional markets, data accuracy and risk awareness are equally important.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SBI Ripple Asia launches an XRPL token issuance platform, advancing the implementation of compliant blockchain finance
SBI Ripple Asia announced that its token issuance platform based on the XRP Ledger has officially launched, marking an important application of blockchain in compliant financial services. The platform enables businesses to manage tokens directly on-chain and complies with regulatory requirements, improving payment and loyalty mechanisms. In the future, SBI will also optimize cross-border payments between Japan and Korea, driving XRPL’s adoption in the real economy.
GateNews15m ago
Ripple issues a $330k stablecoin forecast, while signals of institutionalization emerge at the XRP Tokyo conference
Ripple expects on-chain stablecoin trading volume to reach $330k at the Tokyo XRP Conference, emphasizing that stablecoins are evolving from auxiliary tools into liquidity infrastructure. As a bridge connecting traditional and digital finance, Ripple is helping bring stablecoins such as RLUSD to market and accelerating institutional adoption. With Japan’s regulatory environment being clear, it plays a key role in promoting the growth of the XRP ecosystem. If stablecoins achieve high trading volumes, it will change the way capital flows and how cross-border payments operate; XRP’s future price action will depend on institutional adoption and the growth of real trading demand.
GateNews2h ago
XRP zooms 5% on bitcoin strength, but trend reversal still unconfirmed
XRP has broken above resistance at $1.37, indicating a potential tactical breakout, though the overall trend remains bearish. Key technical signals and strong volume suggest some accumulation, but market conviction is mixed. Traders should monitor price levels around $1.37 and aim for a significant test at $1.40-$1.42.
CoinDesk5h ago
Ripple report: 8 African countries advance crypto regulation, with South Africa leading the stablecoin space
Ripple reports that about 8 countries in Africa have established cryptocurrency regulatory frameworks, driving high adoption rates due to demand for remittances and inadequate financial infrastructure. Regulation is more mature in South Africa and Mauritius, while Nigeria and Kenya are still developing. Stablecoins are gradually shifting from speculation to business use, enhancing the potential for integrating financial systems.
MarketWhisper7h ago
XRP Leads $224 Million Weekly Inflows as Ethereum Lags and Bitcoin Sentiment Remains Mixed
Global digital asset investment products recorded $224 million in net inflows for the week ending April 3, 2026, following a $414 million outflow the prior week, with XRP dominating at $119.6 million while Ethereum saw $52.8 million in outflows and Bitcoin posted $107.3 million in net inflows amid polarized investor sentiment.
CryptopulseElite7h ago
XRP Today News: A whale’s holdings have reached a 10-month high as the Ripple conference in Tokyo gets underway
At the XRP Tokyo Conference, Ripple predicts that global on-chain stablecoin transaction volume will exceed $33 trillion in 2026, while large investors continue to withdraw XRP from exchanges, pushing its holdings to a 10-month high. The market is watching regulatory developments, especially the impact of the “CLARITY Act.” In the short term, the XRP price is consolidating between $1.28 and $1.35; if it breaks above $1.35, it may see an upward move.
MarketWhisper8h ago
