On October 8, 2026, the XRP Ledger activated the PermissionDelegationV1_1 protocol, allowing accounts to grant limited transaction rights to others without sharing full control. This update coincided with XRP trading at $1.36, down 5.25% from the previous day, reflecting broader market declines rather than XRP-specific issues. The new feature targets safer delegation for routine payments or single tasks but advises caution due to a related fix not yet active, which could pose risks if misused. Investors holding XRP in self-custody should update wallets and be vigilant against fraudulent DelegateSet requests, while exchange-held XRP remains unaffected. This protocol change does not directly impact XRP's price support levels, which depend more on overall market trends.
XRP is trading at Rp24,334 on Pluang as of October 9, 2026, 01:41 WIB, down 4.11% in one day, which aligns closely with the article's noted 5.25% USD decline. Despite this drop, XRP maintains a strong market cap of Rp1.529,92 trillion and a high buy interest at 69% of order activity. This contrasts with its circulating supply at 64% of the total 100 billion XRP, indicating substantial tokens remain off-market, potentially influencing liquidity and price dynamics.
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XRP's price increased from $1.33 to $1.36 within an hour on October 8, gaining 2.07%, despite being down 4.74% over the previous 24 hours. This price movement was recorded on Binance's spot XRP/USDT market. During the same period, liquidations totale...
The IMF's recent reports mention XRP Ledger and Stellar alongside Ethereum and Solana as public blockchains used by major banks for issuing regulated stablecoins, such as Société Générale's EUR CoinVertible. This signals growing institutional experim...
Bitcoin fell more than 4% to near $80,000 as crypto liquidations surpassed $1.1 billion, mainly affecting traders with long positions. Ether, XRP, and Solana also saw significant declines, reflecting broader market stress. Rising Brent crude prices a...
XRP has dropped nearly 7% over the past week after failing to surpass the $1.60 resistance level, with trading volumes remaining high around $3 billion. The broader crypto market is showing weakness as early investors begin to take profits, despite s...
