Flare Network's FXRP, a wrapped and over-collateralized version of XRP, is now accepted as collateral on Derive, a decentralized derivatives platform. This allows XRP holders to trade options and hedge their positions without sending tokens to centralized exchanges. FXRP is minted by locking XRP on the XRP Ledger and can be used across Ethereum-compatible chains. This integration expands XRP's DeFi utility, enabling yield generation and options trading while maintaining self-custody, though users should be aware of layered protocol risks.
A forthcoming SEC proposal could change the regulatory landscape for cryptocurrencies like XRP, Hedera's HBAR, and Stellar's XLM by introducing a formal process for crypto projects to seek non-security status. This would broaden the group of tokens w...
XRP price fell below $1 twice this week, but on-chain data shows a surge in withdrawals from exchanges, especially Binance, reaching the highest levels since 2019. Large XRP holders, or whales, have increased their holdings to over 12 billion tokens ...
XRP closed at $1.00 on August 12, marking its lowest daily close since November 2024 and a 69% drop from its January 2025 peak near $3.30. Despite the price decline, active addresses increased by about 35% in August, indicating more transactions by e...
Morgan Stanley disclosed new holdings in three XRP exchange traded funds (ETFs) and 50,540 shares in Evernorth Holdings’ SPAC, Armada Acquisition Corp II, in its Q2 2026 SEC filing. These XRP ETF positions are modest compared to the bank's larger cry...
After the failure of Bitcoin's BIP-110 soft fork aimed at limiting nonfinancial data, Bitcoin blocks were flooded with heavy data like NFTs, challenging censorship efforts. Ripple CTO Emeritus David Schwartz emphasized that in public blockchains, opi...
