XRP's market capitalization is closing in on Binance Coin (BNB), with about a $10 billion gap as XRP stands near $85 billion and BNB around $95 billion. XRP's network shows increased payment volume and new accounts, but some transaction metrics have declined. To overtake BNB, XRP needs a price increase of roughly $0.15–$0.17 per token, assuming BNB's value remains stable. This competition highlights XRP's potential growth but also the challenge of surpassing a major rival in the crypto market.
The crypto market cap fell 3.8%, losing about $115.5 billion in value, with Bitcoin down 4.3%, Ethereum 5.8%, XRP 6.3%, and Solana 4.9% over 24 hours. This decline is attributed to a leverage flush as traders closed long positions ahead of Federal Re...
XRP's price dropped below critical support between $1.45 and $1.55 due to a large liquidation of over-leveraged long positions, totaling $12.82 million out of $13.31 million liquidated. This unusual imbalance favors short-sellers in the short term, b...
The share of circulating XRP tokens in profit has reached 57.17%, the highest level since January, as XRP trades near $1.51. This metric shows the portion of XRP last bought below the current price, indicating more holders are in profit amid recent p...
Dogecoin led losses among major cryptocurrencies, dropping about 7% to $0.089 as Bitcoin, Ethereum, and XRP also declined amid a broad market selloff. The selloff is linked to rising oil prices above $100 per barrel, higher U.S. Treasury yields surpa...
Ripple recently minted $30 million worth of RLUSD stablecoins following a $59.5 million issuance over two days, reflecting active minting and burning tied to customer deposits and redemptions. RLUSD's market cap has grown to about $2.5 billion, domin...
