Elon Musk's AI chatbot Grok analyzed Ripple's XRP potential if major banks replace SWIFT with the XRP Ledger for cross-border transactions. Grok estimates global cross-border payments could rise from $195 trillion in 2024 to $320 trillion by 2032, with XRP possibly handling $30 trillion to $150 trillion annually. Depending on adoption and token velocity, XRP's price could range from $5 to $243, highlighting significant valuation swings. These scenarios illustrate XRP's potential growth but are not firm forecasts.
Ripple has integrated its RLUSD stablecoin with Wormhole's cross-chain protocol, enabling RLUSD to operate natively across more than 40 blockchain networks, including Ethereum layer-2s like Base, Optimism, Ink, and Unichain, plus the XRP Ledger EVM s...
Bitcoin ETFs experienced $396.6 million in outflows on June 3, marking the 13th consecutive day of net redemptions, with Blackrock's IBIT fund leading withdrawals. Ether ETFs also extended their losing streak to 17 days, losing $52.94 million, mainly...
Dave Portnoy, founder of Barstool Sports, announced he will not sell his XRP and Bitcoin holdings despite suffering multimillion-dollar losses due to a prolonged crypto market downturn. He revealed that his XRP position, bought near a peak at $1.70, ...
XRP fell almost 5% on June 4, entering a historically weak month for the cryptocurrency during U.S. midterm election years, with prior June losses ranging from 17% to 39%. Despite this, XRP investment products saw $20.3 million in weekly inflows, eve...
XRP has broken below the critical $1.20 support level, confirming a strong downtrend and shifting market control to sellers. The price is now trading near $1.17, with the old support turning into resistance. The Relative Strength Index (RSI) shows ex...
