Ripple USD (RLUSD) stablecoin saw zero burn activity at the start of June, following significant mint and burn events in May, including a peak mint of $261 million on May 20. The burn pause comes after a month where more RLUSD was burned than minted, reducing supply. RLUSD market cap remains steady above $1.7 billion, with supply spread across XRP Ledger and Ethereum. This pause may reflect a temporary balance in institutional demand and supply dynamics for the stablecoin.
In the first quarter of 2026, XRP lost its position as one of the top cryptocurrencies to BNB amid a broader market correction. Despite this drop in market cap ranking and price challenges, institutional investors remain actively engaged with XRP, as...
XRP's price closed May below a key Bollinger Bands support level, signaling a bearish trend that could push the price below $1 this June. The monthly chart shows resistance at $2.07 and a potential test of the lower band near $0.97, while the RSI ind...
XRP is trading around $1.32 with a weakening order book depth on Binance, the lowest since 2020, increasing the risk of volatile price moves. Nearly 47% of recent buyers hold losses, adding pressure and uncertainty. Key technical levels to watch incl...
XRP is trading around $1.33–$1.34, slightly down 0.32% in the last 24 hours, with a crucial support level at $1.35. Technical analysis shows a descending channel and resistance near $1.3380, suggesting potential downward pressure if $1.35 fails to ho...
BNB has firmly established itself as the fourth-largest cryptocurrency by market capitalization, pulling ahead of XRP with a market cap of $93.99 billion compared to XRP's $81.90 billion. This gap of $12 billion highlights BNB's growing dominance, su...
