Ripple Prime reportedly raised $275 million through a private bond sale, potentially using XRP as collateral. This move could allow Ripple to borrow against its XRP holdings without selling tokens, reducing market pressure from token sales. The bond, rated BBB with an 8.25% coupon, suggests Ripple is preparing for rapid expansion. However, details on the collateral terms and XRP valuation remain unclear, making it uncertain how this affects Ripple's financial flexibility.
Rich, host of Common Sense Crypto, considers XRP trading above $3.40 a conservative estimate given upcoming regulatory decisions, tokenization growth, and potential ETF demand. He challenges market cap limits on XRP's price, emphasizing its role in p...
Ripple is urging the XRP Ledger community to withdraw the long-standing XChainBridge (XLS-38) amendment, which was designed to enable cross-chain bridging on the network. The company cites a lack of developer demand and the fact that Axelar's network...
21Shares has changed the pricing benchmark for its U.S. XRP exchange-traded fund (ETF) TOXR from the CME CF XRP-Dollar Reference Rate to the FTSE XRP Index, effective August 27. This change affects only the pricing methodology and does not alter the ...
Despite record $1.566 billion inflows into XRP ETFs, XRP's price has pulled back, showing a supply-demand imbalance and cautious investor sentiment. Institutional interest remains, but price fluctuations are driven by ETF flows, whale accumulation, a...
As XRP's price surged to $1.5, AI agents on the XRP Ledger shifted their on-chain transactions towards Ripple's USD stablecoin, RLUSD, increasing its volume by 103% over seven days. This move helps AI systems hedge against XRP's price volatility, mai...
