Grayscale’s XRP Trust offloaded over $180 million worth of XRP in the first half of 2026 to cover investor redemptions, selling about 103 million XRP tokens. This forced sale led to roughly $34 million in realized losses and left the fund smaller as inflows failed to match outflows. The selling was mechanical due to the trust's structure, not discretionary, but highlights soft demand for XRP products amid a cooling market. Continued redemptions could pressure XRP prices further if demand remains weak.
Absa Corporate and Investment Banking has introduced Absa Digital Asset Custody in South Africa, using Ripple’s technology to securely manage digital assets and private keys for corporate and institutional clients. This service offers bank-grade gove...
XRP has surged more than 8% in three days following whale accumulation of approximately 1.54 billion tokens valued at $2.2 billion. This buying activity, combined with strong technical support and the upcoming XRP Ledger Batch V1.1 upgrade expected a...
Veteran trader Peter Brandt projects that XRP's price could eventually reach $5.40, a roughly 260% increase from its current trading price around $1.50. His analysis is based on a long-term monthly chart showing XRP breaking through a key resistance ...
XRP surged nearly 9% to $1.54 following veteran trader Peter Brandt's long-term chart projection targeting $5.40, more than triple its current price. The rally coincided with South African bank Absa launching a Ripple-powered digital asset custody se...
Veteran trader Peter Brandt predicts that XRP's price could rise above the key $5 level by next year, driven by renewed momentum in the broader cryptocurrency market. XRP has recently climbed above $1.50 amid increased on-chain activity and growing i...
