XRP experienced a 14% decline in open interest, falling from $558 million to $478 million, following $14.2 million in two-way liquidations that affected both long and short traders. Funding rates turned negative, ending a 14-session streak of positive funding, while Binance's XRP reserves remained steady despite a 91% drop in deposit addresses. Meanwhile, the XRP Ledger's recorded asset value surged from $99 million in Q1 2025 to $4.26 billion in Q2 2026, with RLUSD stablecoin transfers rising 925% year-over-year, indicating growing institutional activity. Analyst Dark Defender highlighted that XRP's price pattern is mirroring previous rallies from 2014 and 2017, suggesting a potential major price jump ahead of the Senate vote on the CLARITY Act scheduled for September 15, which could impact market structure legislation.
Crypto analyst Dark Defender suggests XRP's price pattern resembles those before its major rallies in 2014 and 2017, indicating it might be ready for a significant move soon. This setup appears independent of the upcoming Sept. 15 Senate vote on the ...
Crypto analyst Dark Defender highlights that XRP's price pattern mirrors setups from 2014 and 2017, which preceded significant rallies. This suggests XRP could be primed for a major move regardless of the upcoming Sept. 15 Senate vote on the CLARITY ...
On September 6, the open interest in altcoins exceeded that of Bitcoin for the first time since December 2024, driven by increased leverage in Zcash, XRP, and Solana. Despite this shift, Bitcoin still holds about 37% of the open interest in perpetual...
XRP traded around $1.40 on September 7, showing consolidation after a strong August rally. Technical analyst Dark Defender sees patterns similar to past major rallies, projecting a potential rise to $18.23. Weekly net inflows into US spot XRP ETFs sl...
The Kansas Jayhawks football team showcased XRP branding during their 51-6 season-opening victory over Long Island University, marking one of the first major football appearances for the cryptocurrency since Kansas Athletics signed a multi-year spons...
