The supply of XRP tokens on major exchanges Binance and Upbit has increased significantly, with deposits of over 491,000 and 53,000 tokens respectively in the past 24 hours. This growing reserve, now worth billions of dollars, suggests low bullish conviction and rising bearish sentiment among traders. Technical analysis indicates XRP is in a multi-month correction and could drop to $0.95 before a potential recovery. However, if users start accumulating XRP again, this bearish trend could reverse.
Ethereum's price is trading just above $2,000 after a steep decline from $2,500, raising concerns about a potential crash below this key level or a bullish reversal. This weakness is part of a broader crypto market pullback, with Bitcoin, Ripple, and...
XRP has been unable to break above the $1.65 resistance level for about four months, indicating weakening bullish momentum. Market analyst CasiTrades warns this prolonged rejection could lead to a downward liquidity sweep, pushing XRP towards key sup...
Daily payment transactions on the XRP Ledger have surged back above the key 1 million mark after a dip in mid-May, indicating robust on-chain activity despite XRP's price remaining in a downtrend. This rebound suggests continued user engagement and l...
The XRP Ledger has successfully upgraded to version 3.1.3 on the mainnet, activating the fixCleanup amendment that addresses critical fixes for NFTs, Permissioned Domains, Vaults, and the Lending Protocol. This upgrade ensures long-term network stabi...
Charles Hoskinson, founder of Cardano, has praised the XRP ecosystem's decentralized finance (DeFi) potential, suggesting it could grow faster than Ethereum's DeFi by 2027. He highlighted XRP's role as a Web2.5 bridge asset, optimized for payments an...
