Binance CEO Changpeng Zhao Endorses XRP, ZEC, and SOL Amid China Controversy
Changpeng Zhao expresses support for major cryptocurrencies during a period of scrutiny over Solana's China expansion.
Changpeng Zhao expresses support for major cryptocurrencies during a period of scrutiny over Solana's China expansion. XRP (XRP) is trading at $1.30, down 0.8% since this brief published. This is an original TLT brief based on reporting by U.Today, with live market data added, as of Sat, 17 Oct 2026 01:00:05 UTC.
The endorsement from Binance's CEO could bolster investor confidence in XRP, ZEC, and SOL, especially amid regulatory uncertainty and market fluctuations. It also highlights the ongoing strategic importance of the Chinese market for crypto projects.
- Binance CEO CZ publicly supports XRP, ZEC, and SOL.
- Support comes amid controversy over Solana's China expansion.
- Crypto market remains relatively stable despite minor dips in XRP, ZEC, and SOL.
Binance CEO Changpeng Zhao (CZ) has publicly endorsed 
XRP, ZEC, and SOL, according to U.Today. This endorsement comes amid heightened scrutiny over 
Solana's expansion efforts in China, which have raised concerns about regulatory compliance and market impact.
The support from CZ could provide a boost to these cryptocurrencies, which have seen mixed performance in recent days. XRP is down 1.82% in the last 24 hours, while SOL has fallen 0.98%, and ZEC has dropped 5.98%. Despite these dips, the overall crypto market remains relatively stable.
CZ's endorsement is notable given Binance's significant influence in the crypto market. The exchange has been a key player in shaping market trends and supporting various cryptocurrencies. This endorsement could help stabilize investor sentiment amid the ongoing controversy.
The Chinese market has been a focal point for many crypto projects due to its large user base and potential for growth. However, regulatory challenges and restrictions have made it a complex environment for companies like Solana. CZ's support for these cryptocurrencies could be seen as a strategic move to strengthen their positions in the global market.
The broader crypto market remains in a state of cautious optimism, with a total market cap of $2.81 trillion. 
Bitcoin is down 0.79% in the last 24 hours, and the Fear & Greed Index stands at 55, indicating a sentiment of 'Greed.'
Since this brief published about 5 hours ago, XRP (XRP) has moved from $1.31 to $1.30 — -0.76%.
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 TLT'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 ≈ ₦1,771.96 (about $1.30), down 2.3% over 24 hours. The naira itself trades about 2.3% above the official rate on the P2P market, so a Nigerian 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 CEO Changpeng Zhao Endorses XRP, ZEC, and SOL Amid C — questions & answers
What cryptocurrencies did CZ endorse?
CZ endorsed XRP, ZEC, and SOL.
Why is CZ's endorsement significant?
It could bolster investor confidence in XRP, ZEC, and SOL amid market uncertainty and regulatory challenges.
How has the market reacted to CZ's endorsement?
The market has remained relatively stable, with minor dips in XRP, ZEC, and SOL.
How much is 1 XRP worth in naira today?
About ₦1,771.96 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.30. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Has XRP's price moved since this brief was published?
XRP is down 0.76% since this brief first published — trading at $1.30 now versus $1.31 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT 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 TLT 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.