XRP's price increased by 1.6% to $1.09 following SWIFT's announcement of a pilot project with 17 banks, some affiliated with Ripple, to test blockchain-based cross-border payments. Despite this partnership, SWIFT will not use the XRP token in its system, which limits bullish impact on XRP's price. Technical indicators show XRP trading below key moving averages, suggesting bearish momentum, and institutional interest remains low with significant outflows from XRP ETFs. The price could face downward pressure toward $1 or lower if selling continues, though easing geopolitical tensions might provide some support.
Data from Santiment shows 85 new XRP Ledger addresses holding at least 1 million XRP emerged just two days before XRP's price surged 67% between August 17 and 21. This increase in large wallets preceded the rally, suggesting whale activity might have...
XRP Ledger activity has surged, causing the XRP burn rate from transaction fees to rise above its recent average, with about 337 XRP burned recently compared to the 30-day average of 319 XRP. This increase reflects higher network usage, as transactio...
XRP fell 9.82% from $1.42 to $1.28 after failing to surpass the $1.50 resistance zone, with open interest dropping 23% indicating heavy sell-offs and liquidations. Despite positive ETF inflows and institutional demand, XRP's price lagged due to Bitco...
Ripple has introduced new developer tools that integrate XRP and the RLUSD stablecoin with emerging machine-payment standards, allowing AI agents to make autonomous payments for digital services without human approval. This infrastructure supports pr...
Ripple has signed a multi-year partnership with the University of Louisville to place the XRP logo permanently on the basketball court at the KFC Yum! Center, home to both men’s and women’s basketball teams. The deal includes additional branding acro...
