XRP's price dropped over 3% to around $1.16, with analysts suggesting a possible retreat to $1.03 as part of a longer consolidation phase rather than a deeper downtrend. The XRP Ledger is preparing for its 3.2.0 upgrade, which includes renaming its core software from "rippled" to "xrpld." Despite bearish momentum indicators and resistance near $1.34, the monthly Ichimoku cloud shows $1.03 as a key support level. A break below $1.03 could lead to further declines, but the upgrade and institutional adoption support XRP's long-term outlook amid broader market volatility.
The XRP Ledger (XRPL) is preparing to launch version 3.2.0, which includes a significant software rebranding from rippled to xrpld and infrastructure upgrades. This update requires validators, node operators, and infrastructure providers to update th...
Ripple has extended the reach of its U.S. dollar-backed stablecoin, Ripple USD (RLUSD), enabling it to move natively across multiple blockchain ecosystems through Wormhole's Native Token Transfers (NTT). This integration enhances RLUSD's utility in c...
Bitcoin fell to around $63,000 as cryptocurrency markets declined sharply, triggered by a $400 billion capital rotation into AI-related investments and over $1.74 billion in liquidations within 24 hours. Data showed nearly 290,000 traders were liquid...
XRP's price has remained largely flat in early June despite claims that large holders have quietly accumulated about 1.2 billion tokens through over-the-counter (OTC) trades. This off-exchange buying could reduce liquid supply on public exchanges, po...
Ripple has integrated its RLUSD stablecoin with Wormhole's cross-chain protocol, enabling RLUSD to operate natively across more than 40 blockchain networks, including Ethereum layer-2s like Base, Optimism, Ink, and Unichain, plus the XRP Ledger EVM s...
