Chainlink community lead Zach Rynes criticized Ripple's new five-year sports sponsorship with the University of Kansas, calling it a desperate marketing move that doesn't align with Ripple's business of selling payment software to banks. He described XRP as a 'bank-themed memecoin' primarily marketed to retail investors, alleging Ripple enriches shareholders by selling premined tokens rather than focusing on software revenue. Ripple CEO Brad Garlinghouse celebrated the deal, but the criticism highlights ongoing tensions in the crypto community about Ripple's business model and token use.
XRP has gained 9.5% in the past week, driven by a sharp increase in spot market volumes, which rose from $42 million in May to $406 million recently. This surge reflects growing retail and institutional interest, even as the derivatives market shows ...
The XRP Ledger has processed over 1 million AI-driven payments using the x402 protocol, marking a significant milestone for AI integration in blockchain payments. Ripple-backed t54.ai launched the XRPL AI Hub, a platform that consolidates AI projects...
The XRP Ledger AI Hub has launched as a new platform for AI developers, agents, and merchants, coinciding with XRPL surpassing 1 million AI-driven agentic payments via the x402 protocol. This milestone highlights growing machine-driven settlement act...
XRP fell nearly 4% in 24 hours to around $1.08 but maintained a weekly gain of about 4%, reflecting short-term profit-taking amid longer-term institutional adoption hopes. Despite cooling trading volume and a medium-term downtrend, XRP remains part o...
Major cryptocurrencies including Bitcoin and Ethereum experienced significant price declines, with Bitcoin falling 3.16% to $61,880 and Ethereum down 3.77% to $1,729.97. Other notable coins like Solana and Cardano also saw drops exceeding 6%. This wi...
