
Crypto Price Prediction Today, Oct. 17: XRP, Pi Coin, SHIB Cryptonews
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Time to check your tickets.
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Pick 2 Day: 4, 8 Wild Ball: 2
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Pick 3 Evening: 5, 7, 5 Wild Ball: 0
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Pick 4 Evening: 4, 0, 0, 6 Wild Ball: 0
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Treasure Hunt: 6, 12, 20, 23, 28 Next Jackpot: $30,000 (Change from last: $18,000)
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Match 6: 1, 26, 33, 38, 40, 41 Next Jackpot: $600,000
Generative AI was used to pull in the lottery results for this story, based on information from the Pennsylvania Lottery, which was reviewed and edited by Advance Media staff.
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A potential XRP supply squeeze may be brewing, and new insights from leading market watchers suggest that the impact on price could be significant. Crypto analyst Zach Rector has warned that the long-dismissed ”XRP supply shock” narrative is no longer just talk. As more XRP is locked, tokenized, and deployed in Decentralized Finance (DeFi) ecosystems, the available supply continues to tighten.
XRP Supply Shock To Evolve From Meme To Market Reality
Crypto analyst Zach Rector ignited discussions about XRP’s circulating supply this week after posting on X social media that the “XRP supply shock is not just a meme anymore.” Rector explained that while the concept once seemed exaggerated, developments within the Flare ecosystem are now turning it into a measurable market trend, where on-chain demand could limit liquidity over time.
Rector revealed that he recently minted 100 FXRP, adding to the 90 FXRP he created the previous week, to explore how XRP could generate yield with the Flare ecosystem without leaving the XRP Ledger. He emphasized that the altcoin’s growing role in DeFi is one of the key dynamics investors should watch as more assets are bridged and locked.
Supporting this, Rector shared a Whale Alert report showing that 4,000,000 XRP, worth more than $11.21 million, had been locked in escrow in a Flare core vault linked to the XRP Ledger. He revealed that once XRP is locked, it is minted and represented as FXRP on the FlareNetworks, effectively removing it from active circulation while enabling yield generation.
Rector disclosed that Flare’s Chief Executive Officer, Hugo Philion, previously stated that the company’s long-term target is to tokenize up to 5% of the total XRP supply within its network. Such a move could significantly impact liquidity and potentially create upward price pressure if demand for the cryptocurrency continues to climb.
Following the analyst’s post, the Flare community on X responded positively, emphasizing that the network is creating new yield opportunities for XRP holders and driving ecosystem growth.
Flare’s Expanding DeFi Role Through XRP
In a separate update, FlareNetworks released a performance chart on X showing that FXRP activity and Total Value Locked (TVL) have been rising sharply since early September 2025. The chart indicates sustained growth in FXRP minting and redemption, signaling an accelerating participation across the network’s DeFi infrastructure.
Flare stated that each FXRP cap increase has triggered new waves of on-chain financial activity, gradually establishing the network as a significant influence in XRP’s DeFi adoption within the Ethereum Virtual Machine (EVM) ecosystem.
Further analysis from MessariCrypto’s Pulse Report supports this trend. The report found that FXRP minting has surpassed 30 million tokens, with TVL climbing by more than 25% in recent weeks. Messari also highlighted how key features within the Flare ecosystem, including “FAssets incentives, USDT0_to liquidity, and the upcoming Firelightfi staking layer,” are transforming XRP from a non-productive asset into one capable of generating returns.
Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

Should I hold or sell CSW Industrials Inc. stock in 2025 – 2025 Major Catalysts & Expert-Curated Trade Recommendations Trung tâm Dự báo KTTV quốc gia
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One of the largest crypto exchanges, OKX, recently restricted Pi Coin withdrawal. In a post on X (formerly Twitter), it was revealed that users are unable to access their tokens on the exchange. Neither the Pi Network team nor OKX has made any efforts to resolve this yet.
OKX Restricts Pi Coin Access
These types of restrictions are mostly a result of issues like a surge in traffic, trouble in KYC verification, or the exchange’s own technical glitches. But since neither of the entities in question addressed the issue, users suspected that the exchange might be running out of Pi.
The restriction of Pi withdrawal on OKX has also sparked a debate about whether the withdrawal limits are due to genuine platform issues or are a deliberate move to slow down the selling pressure to stabilize Pi’s price.
OKX is restricting pi withdrawals.
I hope everyone will get the chance to bid for their fav domain.
Pi Network Domain auction end date is 30th September. #PiNetwork pic.twitter.com/uehjm9P2zt
This is not the first time that Pi users have faced such restrictions on OKX. Earlier this year, in February, some users experienced withdrawal suspension for over 24 hours. Although the listing went live on February 20, the withdrawal services were delayed, leaving the customer with the suspension of Pi delisting. Later, OKX released a statement that confirmed the listing of Pi on their exchange, which somehow eased the tension.
What’s Next for Pi Network?
Pi Network has packed its calendar for Q4 2025 with numerous events and updates. Tomorrow, on October 1, it will be joining the TOKEN2049 conference in Singapore, which can bring more visibility for the network. Besides that, Pi Network will also release its upgraded version 23 and Pi hackathon before the end of the year. These events aim to develop the platform and enhance the user’s experience.
These efforts put forth by the Pi team may boost the Pi adoption and drive its price higher, eliminating the pressure of hitting a new low. Pi is currently trading at $0.2685 and is down by more than 1%.
FAQs
Neither OKX nor the Pi Network team has officially stated a reason. Speculations include technical glitches, KYC verification issues, or deliberate action to ease selling pressure.
Yes, Pi users experienced a withdrawal suspension on OKX earlier this year, in February, which lasted for over 24 hours following the listing.
The concern about the exchange running out of Pi Coin is a user-sparked rumor, not a confirmed fact from either the Pi Network team or OKX.
Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.