Binance's CZ Extends Support for XRP, ZEC, and SOL Amid China Controversy
Changpeng Zhao reaffirms his backing for major cryptocurrencies during a period of market uncertainty and regulatory scrutiny.
Changpeng Zhao reaffirms his backing for major cryptocurrencies during a period of market uncertainty and regulatory scrutiny. XRP (XRP) is trading at ₹124 ($1.30), up 0.8% since this brief published. This is an original Token Times brief based on reporting by U.Today, with live market data added, as of Sun, 18 Oct 2026 01:15:02 UTC.
CZ's public support for these cryptocurrencies could bolster investor confidence amid regulatory uncertainty and market volatility, particularly given Binance's influential position in the crypto space.
- Binance's CZ expresses support for XRP, ZEC, and SOL.
- Support comes amid controversy over Solana's China expansion.
- Crypto market remains relatively flat with a total cap of $2.79T.
- XRP Price Recovers After $184M Binance Inflow Despite Support Level Breach
- Binance's CZ Extends Support for XRP, ZEC, and SOL Amid China Controversy — this brief
Binance founder Changpeng Zhao (CZ) has publicly reaffirmed his support for several major cryptocurrencies, including 
XRP, ZEC, and SOL, as reported by U.Today. This statement comes amid heightened scrutiny and controversy, particularly regarding 
Solana's expansion efforts in China.
The endorsement from CZ, a highly influential figure in the crypto world, could serve as a stabilizing force for these cryptocurrencies during a period of market uncertainty. His support may help mitigate some of the negative sentiment stemming from regulatory pressures and market fluctuations.
Solana, in particular, has been under the spotlight due to its business activities in China, which have sparked controversy and raised questions about regulatory compliance. CZ's support for SOL, alongside other major coins, may be seen as a strategic move to reinforce confidence in these assets.
The broader crypto market remains relatively flat, with a total market capitalization of $2.79 trillion. 
Bitcoin is down 0.54% over the past 24 hours, while XRP, SOL, and ZEC have also experienced slight declines. XRP is trading at $1.29, SOL at $102.87, and ZEC at $1119.81, with each experiencing a 24-hour decrease of 1.55%, 1.36%, and 2.31%, respectively.
The Fear & Greed Index currently stands at 55, indicating a state of 'Greed' in the market. This suggests that while there is some optimism, investors remain cautious amid ongoing regulatory developments and market volatility.
Since this brief published about 29 hours ago, XRP (XRP) has moved from ₹122.65$1.29 to ₹123.60$1.30 — +0.78%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹135.69 (about $1.30), down 0.6% over 24 hours. The rupee itself trades about 9.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Binance's CZ Extends Support for XRP, ZEC, and SOL Amid — questions & answers
Why did CZ choose to support these specific cryptocurrencies?
The statement from CZ comes amid controversy surrounding Solana's China expansion, suggesting his support may be aimed at reinforcing confidence in these assets during a period of uncertainty.
How has the market reacted to CZ's statement?
The market has remained relatively flat, with slight declines in the prices of XRP, SOL, and ZEC. The broader market cap is at $2.79 trillion, indicating a cautious investor sentiment.
What is the significance of CZ's support for these cryptocurrencies?
CZ's support could help bolster investor confidence and provide some stability to these assets amid regulatory pressures and market volatility.
How much is 1 XRP worth in rupee today?
About ₹135.69 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.30. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is up 0.78% since this brief first published — trading at ₹124 ($1.30) now versus ₹123 ($1.29) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from U.Today. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.