Whale activity on the XRP Ledger has sharply declined, with transactions over $1 million falling from 70 to just 2 in one week, indicating large investors are becoming inactive amid XRP's price consolidation near $1. This drop in large transactions suggests whales are waiting for new market catalysts before increasing exposure. The trend is not necessarily bearish but reflects a consolidation phase, with XRP trading in a tight range and technical levels indicating potential moves either above $1.20 or below $1.06. Renewed whale activity could signal a shift in institutional interest and market direction.
The UK Treasury has formed a 54-member taskforce including Ripple, BlackRock, and J.P. Morgan to replace legacy financial systems with blockchain technology, aiming to tokenize wholesale markets worth £33 billion. This initiative targets the fixed-in...
Ripple supports the UK's new tokenization strategy aimed at digitizing securities and financial assets, which could boost the UK economy by £33 billion annually by 2035. This initiative is part of the UK's Wholesale Financial Markets Digital Strategy...
Ripple states that blockchain experimentation is over, with tokenized financial products now transforming global finance by enabling faster, cheaper, and more transparent transactions. The UK is advancing a strategy to become a leader in tokenized wh...
SBI Holdings and the Solana Foundation have formed a strategic partnership to develop an onchain financial market centered in Japan. The venture, soon to be renamed SBI Solana Global, aims to connect Japan's regulated financial system with global blo...
The UK government, supported by Ripple and 54 industry firms, has launched a strategy to advance tokenized finance in wholesale markets, aiming to add up to £33 billion to annual economic output by 2035. The plan includes live testing of tokenized re...
