Derivative trading on XRP has surged, with Binance's open interest reaching $461.3 million, the highest since early July, even as XRP's price falls below $1. This growing leverage amid weak price action increases the risk of sharp market moves and liquidations. Meanwhile, XRP withdrawals from exchanges like Coinbase are rising, reducing available supply and signaling potential repositioning by large holders, or whales, who have also increased large transactions by 280%. The direction of these moves will depend on whether withdrawn XRP is accumulated or sold, impacting future price trends.
The U.S. Treasury has set January 18, 2027, as the effective date for the GENIUS Act, which will establish clear regulatory rules for stablecoins. This clarity benefits Ripple's RLUSD, a compliance-focused stablecoin fully backed by cash and U.S. Tre...
Ripple's President Monica Long emphasized XRP's central role in creating an 'Internet of Value' during her keynote at MERGE São Paulo, highlighting Ripple's strong regulatory compliance with over 75 licenses worldwide. This approach aims to provide a...
XRP has seen a 24.1% increase in active addresses within 24 hours, rising from 27,665 to 34,318, even as its price remains below $1. This surge in network activity suggests growing participation despite ongoing sell pressure and weak price momentum. ...
Binance will double the maximum leverage for XRP and Ripple USD (RLUSD) from 5x to 10x starting August 21, 2026. This change places XRP and RLUSD on par with major cryptocurrencies like BNB and ADA in terms of leverage and liquidity. Traders must adj...
David Schwartz, Ripple's former CTO, revealed that his XRP holdings have dropped significantly from about 26 million at their peak to roughly 2 million XRP now, a decline of around 92%. While he did not specify how he reduced his holdings, possibilit...
