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Analyst Eyes XRP Short Squeeze Toward $4.20 As Price Trades Near $2
XRP was trading around $2 after briefly dipping to $1.84 on Monday, while market analyst Bird outlined a potential path toward $4.20 driven by a short squeeze. His liquidity heatmap highlights dense short positioning near $4.20 and recent liquidations of long positions, suggesting price could be attracted to that zone. Bird argues that this setup may keep the current XRP rally intact and could push the token beyond its prior all-time high of $3.90.
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XRP
XRP-1.88%
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XRP’s 2026 on-chain profile mirrors early 2022 as short-term buyers load up below older cost bases
According to Glassnode, XRP’s on-chain structure now resembles early 2022, with wallets active over the past week to month accumulating below the realized cost basis of six- to twelve-month holders. Total supply in loss has risen to about 26 billion XRP while supply in profit has dropped to roughly 40 billion, underscoring mounting pressure on longer-term participants despite a recent price rebound toward the $2.00–$2.10 range.
XRP
XRP-1.88%
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Druk Holdings-linked wallets amass 117K ETH leveraged position on Aave and Lido
According to on-chain analysts, wallets tagged as potentially linked to Bhutan's Druk Holdings have built a 117K ETH leveraged position on Aave by withdrawing ETH and USDT from Binance, purchasing more ETH, and borrowing against it. The same entity has become more active in Ethereum DeFi, moving $735M through Aave and holding $275.6M on Lido, with its positions reportedly facing liquidation risk if ETH falls toward $1,400 while the broader treasury value has declined from over $1B to around $556M.
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ETH
ETH-5.50%
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Avalanche C-Chain Daily Active Addresses Hit 1.38 Million in January 2026
On January 13, 2026, Avalanche’s C-Chain reportedly reached about 1.38 million daily active addresses, a sharp rise from the earlier range of 300,000 to 600,000 users. AVAX is trading at $12.81 with a market cap of $5.52 billion, while 24-hour volume has jumped 160.83% amid a 6.22% daily and 37.45% 90-day price decline. Community and expert commentary reflects cautious optimism, as the figures are based on unverified data and lack direct confirmation from Avalanche’s official channels.
AVAX
AVAX-2.60%
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Cardano Founder Charles Hoskinson Challenges Ripple CEO's Backing of CLARITY Act in 2026 Regulatory Dispute
In a live X broadcast on January 18, 2026, Cardano founder Charles Hoskinson sharply criticized Ripple CEO Brad Garlinghouse for supporting the Digital Asset Market Clarity Act. Hoskinson argued that the bill risks empowering regulators who have previously targeted crypto firms, while Garlinghouse and other leaders see it as a necessary step toward resolving long-running legal uncertainty around U.S. crypto rules.
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ADA
ADA-1.64%
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