Top US Exchange Puzzled by XRP Rally

Gemini, the Winklevii-founded cryptocurrency exchange, recently used Grok, xAI’s chatbot, to highlight the significant price movement of XRP. The popular US trading platform asked the chatbot to explain the reasons behind the impressive pump in the token’s value.

### A Major Partnership

The close relationship between Gemini and the XRP community stems from a formal business partnership established in late 2025. In August 2025, Gemini and Ripple officially collaborated to launch the “XRP Edition” of the Gemini Credit Card. Tyler Winklevoss actively promoted this card to the community, with Ripple executives joining the campaign to boost enthusiasm.

Furthermore, reports around Gemini’s IPO plans revealed that Ripple had extended a $75 million credit line to Gemini, which is expandable up to $150 million. This financial backing underscores the strong ties between the two companies.

Earlier, both Gemini and Ripple had been involved in high-profile, expensive legal battles with the U.S. Securities and Exchange Commission (SEC). Tyler Winklevoss publicly defended Ripple, even arguing that the Oregon Attorney General should be impeached for labeling XRP a security, especially after a federal judge ruled otherwise.

Gemini was also one of the first major exchanges to integrate RLUSD, Ripple’s USD stablecoin, as a base currency for trading, further strengthening their partnership.

### Technical Caution

Despite XRP’s impressive percentage gains, caution remains warranted. As reported by U.Today, legendary trader John Bollinger recently ranked XRP’s technical setup lower than that of Bitcoin. He pointed out that XRP’s price experienced an almost vertical ascent without establishing a “firm support base” beneath it.

Because of this lack of solid support, XRP is vulnerable to a sharp pullback, and traders should approach with careful consideration.

This strategic partnership and recent market activity highlight the strong connection between Gemini and Ripple but also serve as a reminder to monitor technical indicators closely.
https://bitcoinethereumnews.com/tech/top-us-exchange-puzzled-by-xrp-rally/

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