{"id":68291,"date":"2026-02-16T11:15:53","date_gmt":"2026-02-16T11:15:53","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/xrp-price-outlook-as-sbi-ceo-debunks-10b-xrp-holdings-claim\/"},"modified":"2026-02-16T11:15:53","modified_gmt":"2026-02-16T11:15:53","slug":"xrp-price-outlook-as-sbi-ceo-debunks-10b-xrp-holdings-claim","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/xrp-price-outlook-as-sbi-ceo-debunks-10b-xrp-holdings-claim\/","title":{"rendered":"XRP price outlook as SBI CEO debunks $10B XRP holdings claim"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-1-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-1-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>XRP changed hands at around $1.50 as the broader market remains mostly bearish.<\/li>\n<li>SBI CEO Yoshitaka Kitao has said the firm does not hold $10 billion XRP, but a 9% stake in Ripple Labs.<\/li>\n<li>Can bulls reclaim $2 amid broader market resilience?<\/li>\n<\/ul>\n<p>XRP price hovered near $1.47 in Asian trading hours on Monday, Feb.16, 2026, with the cryptocurrency down 8% in the past 24 hours.<\/p>\n<p>The altcoin\u2019s intraday performance came after comments from SBI Holdings CEO Yoshitaka Kitao, who recently clarified the firm\u2019s investment in Ripple and the token XRP.<\/p>\n<h2>XRP and a $10 billion SBI holding rumour<\/h2>\n<p>SBI, one of Ripple\u2019s major partners, hit headlines last week amid news of its acquisition of a Singapore-based cryptocurrency exchange.<\/p>\n<p>But alongside this was the circulation of a rumour claiming that the firm holds $10 billion in XRP tokens.<\/p>\n<p>This prompted an X post response from SBI CEO Kitao, who clarified that SBI\u2019s actual position is not in XRP, but a 9% stake in Ripple Labs.<\/p>\n<p>XRP price retreated from highs of $1.60 to around $1.40 amid Kitao\u2019s clarification that the Japanese financial giant\u2019s focus is on Ripple\u2019s blockchain ecosystem.<\/p>\n<blockquote>\n<p>\u201cWhen it comes to Ripple Lab.\u2019s total valuation which obviously includes its ecosystem that Ripple has created, that would be enormous. SBI owns more than 9 % of that much,\u201d he <a href=\"https:\/\/x.com\/yoshitaka_kitao\/status\/2022851705772138784\" target=\"_blank\" rel=\"noopener\">posted<\/a>.<\/p>\n<\/blockquote>\n<h2>Ripple (XRP) price outlook<\/h2>\n<p>XRP\u2019s price action over recent months has largely tracked broader trends in the cryptocurrency market.<\/p>\n<p>Comments by the chief executive of SBI Holdings briefly unsettled traders, before buyers stepped in to defend levels above $1.40.<\/p>\n<p>While the token remains under pressure as Bitcoin consolidates below $70,000, the recent move toward $1.60 and a rebound from weekend lows point to tentative stabilisation.<\/p>\n<p>Sentiment linked to institutional backers such as SBI may support confidence in Ripple and its wider ecosystem.<\/p>\n<p>The group\u2019s expansion into Southeast Asia through recent acquisitions has also raised expectations of increased real-world adoption, which could support demand for XRP.<\/p>\n<p>ETF inflows and regulatory developments are additional factors influencing sentiment.<\/p>\n<p>Speculation around a potential Ripple initial public offering, alongside other positive catalysts, could further lift medium- to long-term confidence among XRP holders.<\/p>\n<p>In the near term, traders are watching a major resistance zone between $1.90 and $2.35.<\/p>\n<p>However, persistent macroeconomic and geopolitical risks could undermine short-term optimism.<\/p>\n<p>In a weaker scenario, XRP may revisit support near $1.20 and potentially test levels below $1.00.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/xrp-price-outlook-as-sbi-ceo-debunks-10b-xrp-holdings-claim\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) XRP changed hands at around $1.50 as the broader market remains mostly bearish. SBI CEO Yoshitaka Kitao has said the firm does not hold $10 billion XRP, but a 9% stake in Ripple Labs. Can bulls reclaim $2 amid broader market [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":68292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/68291"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=68291"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/68291\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/68292"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=68291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=68291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=68291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}