The post XRP Facing Resistance in 2026 — Holders Are Quietly Activating Everlight Shards for Passive BTC appeared on BitcoinEthereumNews.com.

February 2026 was arguably the strongest single month of institutional adoption in Ripple’s history. Deutsche Bank integrated Ripple’s payment infrastructure for cross-border transfers — one of the largest German financial institutions formally embedding XRP Ledger functionality into its international payments architecture. The price response to that announcement tells you everything you need to know about where XRP stands right now: approximately 36.8 billion XRP — more than 60% of the entire circulating supply — is sitting at a cost basis above the current market price, representing $50.8 billion in unrealized losses. The aggregate holder cost basis sits at $1.44. The market keeps selling into that level. Even a Deutsche Bank integration couldn’t push it through. XRP open interest collapsed 70% — from $660 million in October 2025 to $203 million by early March 2026 — as $457 million in leveraged futures positions were wiped out over five months. The structural overhead created by 36.8 billion tokens sitting at a loss doesn’t resolve quickly. Every rally toward $1.44 brings fresh selling from holders who have been waiting months to exit without a loss, and that dynamic repeats until the supply overhang is fully absorbed. For participants who have been holding through that sequence, Bitcoin Everlight is beginning to look like a more productive place to put that capital. Rewards Begin Before Mainnet Bitcoin Everlight is a decentralized validation network where participants contribute to securing blockchain infrastructure and earn Bitcoin rewards in return. The platform runs on a Transaction Validation Node framework handling validation, routing, and reward distribution, with Everlight Shards as the participation layer that connects a user’s token position directly to the BTC-denominated fee pool the infrastructure generates. The earning mechanism is live from the moment of shard activation during the presale — BTCL rewards begin distributing immediately at a…

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Filed under: News - @ March 20, 2026 11:29 am