Ripple's validator voted in favor of two XRP Ledger amendments, XLS-65 and XLS-66, which introduce single-asset vaults and a fixed-term lending protocol at the ledger level. These changes aim to enable native lending services using XRP and other XRPL-issued assets, with institutional credit checks handled off-chain. The amendments require over 80% validator support for activation, currently at around 40% and 37%. Security audits found no critical flaws, and developers are preparing applications, but the amendments are not yet active on the mainnet.
Ripple has minted $10 million worth of RLUSD on the XRP Ledger in a scheduled issuance. This event coincided with a significant increase in transactions and movements among large XRP holders, known as whales. The surge in whale activity suggests grow...
XRP closed the week at $1.09, its lowest weekly close in almost two years, and has continued sliding to around $1.03, down 3.47% over the past week and 43.94% year-to-date. This decline contrasts with gains in nearly all other major cryptocurrencies,...
Major cryptocurrencies saw price declines, with Bitcoin dropping 2.1% to $63,925 and Ethereum falling 2.8% to $1,873.93. Other notable coins like Binance Coin and Solana also declined, reflecting a broad market pullback. Stablecoins remained steady n...
Cryptocurrency prices showed a general downward trend, with Bitcoin falling 1.5% to $64,076 and Ethereum down 2.5% to $1,874. Other major coins like Binance Coin and XRP also saw declines. Stablecoins remained steady around $1. This mixed market move...
After a sharp selloff and rebound, XRP has been trading in a very tight range between $1.008 and $1.05 for about 16 hours, showing little movement. This price compression suggests a standoff between buyers and sellers, with the next decisive break ab...
