XRP's active addresses surged to nearly 50,000 in a 24-hour period, marking the highest network activity in over two months, even as social sentiment reached a three-month low with bearish commentary dominating. This divergence highlights increased blockchain participation without corresponding price gains, as XRP trades below $1. The rise in activity mainly comes from existing users rather than new investors, and does not predict price recovery. Ripple's ongoing investments in the XRP Ledger ecosystem continue, but the recent spike in addresses is not directly linked to these initiatives. The key test will be whether elevated activity persists amid negative sentiment, potentially signaling a future buying opportunity if demand returns.
Emin Gün Sirer, founder of Avalanche, warned that AI might soon uncover hidden software vulnerabilities in the XRP Ledger, potentially allowing attackers to steal billions before current cryptographic methods become obsolete. His caution highlights a...
Bitcoin ETFs have seen a slowdown in demand after nearly three years, though they continue to support Bitcoin's price recovery with positive net inflows of 30,000–40,000 BTC over the past month. Early October showed volatile ETF flows, with large inf...
Bitcoin increased by 0.60% to $83,051 even as the total cryptocurrency market value dropped 1.73% to $2.82 trillion. Other major tokens like Ether, XRP, BNB, Solana, and Dogecoin also saw modest gains. NEAR Protocol led the top 38 cryptocurrencies wi...
XRP has fallen over 7% this week alongside the broader crypto market but shows signs of divergence as XRP ETFs continue to see inflows while BTC and ETH ETFs experience outflows. Evernorth's recent SPAC merger with Armada II brings significant XRP an...
XRP is trading around $1.40 after pulling back from September highs, encountering resistance near $1.45. The token's recent rebound from $1.30 is crucial, as holding above this level supports the recovery, while falling below could shift focus to the...
