Ripple launched the University Digital Asset Xcelerator (UDAX) in Brazil, generating over 44,000 on-chain transactions and supporting nine startups, which helped increase XRP Ledger activity by 72% in late June. This grassroots adoption, combined with $6.78 million in spot ETF inflows and XRP holding above $1, suggests a potential sustainable recovery rather than a temporary price bounce. The program aims to foster real app usage that requires XRP for fees and reserves, potentially driving steady demand. Investors should watch for continued ledger activity, ETF inflows, and successful project pilots to confirm this positive trend.
XRP is approaching a critical resistance level at $1.13, which could confirm a bullish breakout if surpassed. The cryptocurrency has been consolidating within a symmetrical triangle pattern since late June, indicating a potential strong price move on...
Ripple Prime is advancing Wall Street 2.0 by integrating blockchain technology into institutional finance, transforming XRP into productive collateral. Following its acquisition of Hidden Road, Ripple Prime has tripled revenues and enhanced lending c...
XRP whale inflows to Binance have sharply declined, hitting a two-month low and suggesting reduced selling pressure from large holders. Despite this, futures traders increased bullish exposure, with open interest and funding rates rising, indicating ...
XRP's spot trading volume on South Korea's Upbit exchange has fallen by nearly 51% over a month, with Binance also seeing a 99% drop in XRP spot flows. Despite this, derivatives markets show increased activity, with Open Interest on Binance rising 5....
XRP funding rates fell sharply by 240% on July 21, coinciding with a 4% price rally above $1.13. This divergence suggests traders are reducing leveraged long positions despite rising prices, indicating leverage normalization. The rally shifts short-t...
