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.
Ripple's stablecoin RLUSD has reached a new milestone by becoming the ninth largest stablecoin worldwide, surpassing $1.64 billion in market capitalization. This growth comes amid a bullish shift in the crypto market, with RLUSD's trading volume surg...
XRP rose nearly 10% to trade above $1.24, driven by strong buying momentum that forced $7 million in liquidations, mostly from short sellers. The rally reflects renewed confidence in Ripple's expanding ecosystem and improving global market conditions...
Evernorth CEO Asheesh Birla highlighted XRP's main advantage as its strong financial and regulatory connections built by Ripple over years. He emphasized that successful blockchain adoption requires not just technology but also real-world financial l...
The crypto market shows signs of recovery with Bitcoin reclaiming $65,800 after whales defended the $60,000-$61,500 support zone by moving 11,400 BTC to cold storage, creating a supply shortage that pushed prices up. XRP is approaching a technical br...
A new decentralized exchange (DEX) model on Solana called Mato uses a continuous clearing auction to reduce front-running and order sequencing issues. However, former Ripple developer Matt Hamilton highlighted that the XRP Ledger (XRPL) solved simila...
