A debate has emerged between Ripple CTO Emeritus David Schwartz and Flare CEO Hugo Philion over the potential size of XRP Ledger lending, a new feature allowing users to lend and borrow assets directly on the blockchain. While validators are still voting on the proposal XLS-66, lending is nearing launch, with early developer interest and hackathons underway. Schwartz highlights the untapped innovation potential on the XRP Ledger, whereas Philion believes the opportunity is even bigger, citing Flare's plan to deploy lending on its sidechain with advanced smart-contract capabilities. Early demand is evident with nearly $8 million borrowed in Ripple's RLUSD stablecoin against wrapped XRP, signaling growing momentum for XRP lending beyond payments.
XRP trades at Rp25.044 on Pluang as of Oct 08, 2026 20:13 WIB, down 3.05% in the past day. Flare (FLR) is priced at Rp123 with a 2.19% decline over the same period. XRP's market cap stands at Rp1.577,14 trillion, reflecting significant investor interest despite recent price drops.
The XRP Ledger recorded a new high of 858 million XRP transferred in a single day, approaching the significant milestone of 1 billion daily transactions. Although the current 30-day average stands at 674.5 million, this surge indicates growing adopti...
On October 8, the total cryptocurrency market capitalization dropped by 4.39% to $2.80 trillion, with Bitcoin falling 1.59% to $82,216. Other major coins also declined: Ether decreased 1.55% to $2,527, XRP fell 3.53% to $1.39, and Solana dropped near...
Cardano (ADA) recently fell 10.68% after a post-quantitative-tightening pullback, trading between its 20-week and 50-week moving averages. Analyst Dan Gambardello notes this pattern resembles early 2020 before the COVID-19 crash but cautions the curr...
XRP is showing signs of a weekly recovery, trading around $1.41 and holding about 9% above its key support at $1.275. The price pattern suggests an inverse head-and-shoulders formation, with a potential breakout above $1.575 that could push XRP towar...
U.S. spot XRP exchange-traded funds held about $1.697 billion in net assets as of October 6, with combined net inflows of $3.14 million that day. This inflow is significantly lower compared to the $75.6 million recorded during the September 21-25 wee...
