Crypto Scenario Insights

XRP Bridge Exploit: Isolated Incident or Broader Trust Erosion?

What happened

An exploit on the Coreum bridge resulted in the loss of nearly 200,000 XRP tokens, reportedly due to a relayer software vulnerability, not the XRP Ledger itself.

What we think

The most likely outcome for XRP is a period of price consolidation around the $1.00-$1.02 range, with a 60% probability.

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XRP Bridge Exploit: Isolated Incident or Broader Trust Erosion?

We explain what happened and what could follow. We do not forecast prices.

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