XRP Consolidates Strongly, Eyes $6.67 as Ripple Joins Real-Time Crypto Crime Response Network

Healthy Consolidation Signals Bullish Continuation to $6.67, Says Analyst Market analyst Galaxy has weighed in on the recent price action, emphasizing that the current consolidation phase is not a sign of weakness, but rather a healthy pause following a significant breakout. Galaxy noted , “Consolidations are healthy. Especially after such a strong breakout. A bullish continuation from here is the most likely scenario.” The analyst notes that sideways market moves help digest gains, stabilize prices, and build momentum toward potential rallies to $3.30 and $6.67. After a strong breakout, short-term pullbacks or consolidation are normal as traders take profits and new participants enter. Galaxy acknowledges this phase is healthy, signaling market confidence and setting the stage for continued growth rather than indicating hesitation. Galaxy projects $6.67 as the next likely target, supported by key resistance, historical price patterns, and strong momentum. Investors can view this as a prime opportunity to position ahead of a potential breakout with the next line of defense sitting at $2.70. At the time of this writing, XRP was trading at $2.90, according to CoinGecko data . Ripple Joins Beacon Network to Stop Illicit Crypto Flows in Real Time Ripple has announced it is a founding member of TRM Labs’ newly launched Beacon Network, a first-of-its-kind, real-time crypto crime response system designed to stop illicit funds before they can be cashed out. Built in collaboration with exchanges, stablecoin issuers, security researchers and law enforcement, Beacon creates a cooperative “emergency alert” framework so that suspicious addresses and transactions are flagged and shared instantly across the industry. The Beacon Network tackles a key weakness in combating crypto crime, once a theft is spotted, hackers are often already cashing out or obscuring funds through mixers. Beacon’s real-time alerts close this gap by enabling platforms to block suspicious withdrawals and coordinate with authorities, keeping stolen assets traceable on-chain. Early reports show Beacon is already flagging cases for action. Ripple’s role in Beacon aligns with the industry’s push for responsible growth and regulatory collaboration. As a payments-focused blockchain firm, Ripple emphasizes that stronger, shared defenses build trust in digital assets and safeguard cross-border payment rails. By exchanging real-time signals with major exchanges and custodians, Ripple and other founding members aim to make it far harder for criminals to launder funds from scams, hacks, and fraud. Beacon marks a new era of collaboration between blockchain intelligence teams and law enforcement. By replacing siloed investigations with a shared operational layer, complete with verified intelligence, real-time alerts, and clear escalation paths, the network enables faster, coordinated action against illicit activity. Advocates say it balances user privacy with the need for timely leads, giving platforms both agility and a defensible framework to combat crypto crime. Conclusion Ripple’s role as a founding member of the Beacon Network highlights its commitment to a safer, more trustworthy crypto ecosystem. By bringing together industry leaders and law enforcement under a real-time response framework, Beacon sets a new standard for detecting and disrupting illicit activity. This initiative not only safeguards users but also strengthens blockchain’s credibility in global finance, an essential step as adoption accelerates and security becomes critical. On the other hand, Galaxy’s analysis signals a bullish outlook, noting that consolidation validates prior breakouts while building momentum for future gains. With $6.67 as the next target, the market looks primed for another surge if confidence holds and conditions align. For investors, consolidation should be viewed not as stagnation but as a strategic buildup, highlighting the value of patience and positioning ahead of the next bullish move.