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's price volatility has sharply decreased ahead of the US Senate's vote on the CLARITY Act and the Federal Reserve's interest rate decision, causing the price to stabilize around $1.34–$1.37. Historically, such low volatility phases for XRP have l...
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Clearpool announced plans to expand its institutional lending products to the XRP Ledger (XRPL) by replacing its current token, CPOOL, with a new token called CLEAR through a 1:1 migration. This move aims to recapitalize its treasury to fund incentiv...
XRP traded between $1.329 and $1.365 on September 11, closing near $1.336 and maintaining a crucial support level around $1.33. Analysts highlight a completed Wave 1 and an intact bull flag pattern, suggesting a potential rise to $1.88 if the support...
Binance's bitcoin reserves have risen to over 693,000 BTC, the highest in two years and about 30% of all major exchange reserves. This increase of roughly 77,000 BTC since April raises potential sell-side pressure as Bitcoin faces a strong resistance...
