What happened?
Ripple’s Swell 2025 conference is three weeks away in NYC, and Ripple will demo stablecoin payments on the XRP Ledger on November 4 with Brad Garlinghouse giving a keynote. Big names like Nasdaq CEO Adena Friedman and digital asset leads from BlackRock, Citi, Fidelity and CME Group are confirmed speakers. XRP has slipped about 5.4% in the last 24 hours but is trading inside a symmetrical triangle with key support around $1.80.
Who does this affect?
Crypto traders and investors in XRP are the most directly affected because any big announcements at Swell could move price fast. Banks, payments firms, and institutional asset managers attending or watching the demos could change how they use or partner with Ripple. Smaller presale projects and retail investors may also see flow-on effects as market sentiment shifts around payments and stablecoin news.
Why does this matter?
If Swell delivers positive headlines or a smooth stablecoin demo, XRP could break above $3 and set up a run toward $6, drawing fresh capital and higher trading volumes into the market. That kind of breakout would likely lift related crypto sectors tied to payments and institutional adoption, while a weak showing or a break below $1.80 could trigger renewed selling. Traders should watch the event and those price levels closely because Swell has the potential to change short-term market direction.