Ripple (XRP) Price Jumps 8%, New Crypto Project PlayNance (GCoin) Locks 250M Tokens Within Hours

The price of XRP rose more than 8% last week, moving above the important level of $1.5.

Ripple’s native cryptocurrency is also the top performer in the last 24 hours, rising 2.8% – most of the top 10 coins by market capitalization.

It is worth noting that XRP reached a very high and pushed above $ 1.6 for a while, but the bears were quick to stop the movement, which caused a slight decrease in the last few hours.

What’s Next for the XRP Price?

However, this marked a level not seen in more than a month, which had some analysts already describing a potential target.

Notably, during the days leading up to today’s move, popular market watcher and analyst Ali Martinez pointed out that the Bollinger Bands on the XRP chart have been suppressing. That’s because the coin had spent a long time trading within a very narrow range between $1.33 and $1.47. Bollinger Bands are a well-known volatility indicator. The more pressure they have, the more likely they will explode, which is happening now, according to the analyst.

Martinez commented on today’s rise, saying that XRP is already breaking its triangle pattern.

In addition, he also suggested that the next highest target is $1.85, which would mean an upside of another 23% from current levels.

$XRP comes out of this triangle!

Price: $1.85. pic.twitter.com/H2D56F5zyZ

– Ali Charts (@alicharts) March 17, 2026

It is also worth noting that this latest surge comes on the back of solid foundations. Network activity on the XRP Ledger (XRPL) is growing, reaching a record high of more than 7.7 million empty wallets.

Additionally, the number of active addresses on XRPL reached 46,767, marking a five-week high.

But the price of XRP is not the only thing going up in crypto today.

PlayNance Launches GCoin Staking

Arguably one of the most anticipated token generation events, PlayNance’s GCoin, is taking place in less than 14 hours, and the team has made a big announcement ahead of it.

PlayNance has announced that GCoin staking is now live. This device is designed to strengthen long-term participation in the growing entertainment economy of the Web3 platform.

The show is now live on PlayW3 – the firm’s leading social gaming platform. In addition, the community closed more than 250 million tokens in just a few hours of being live.

The implication is that GCOIN holders are now able to lock their tokens and participate in the rewards distributed within the ecosystem, while reducing the circulating supply by completely voluntary locking, hence supporting the sustainability of the wider token economy.

There are smart-contract staking pools where users can stake their GCOIN for as little as 1,000 coins. The closing periods are 6, 9, 12, and 18 months. Naturally, the longer the time, the longer the reward weight.

Those interested in participating in the token generation event can check the official page for more details. More than 13 billion tokens have been sold and the current price is set at $0.00161, but that is designed to grow gradually, to encourage early participation.

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