XRP dropped below its 50-week exponential moving average (EMA) near $1.54 after briefly reaching $1.70, signaling a potential bearish trend as noted by analyst ChartNerdTA. The token's sharp August rally of nearly 49% has paused, with $1.30-$1.29 identified as the key mid-term support zone. On-chain data shows a 654.71% surge in active XRP Ledger addresses, indicating increased participation, while Binance's XRP leverage ratio hit a seven-month high, suggesting heightened trader confidence but also increased liquidation risk. A move back above $1.54 could invalidate the bearish outlook, but failure to hold $1.30 support may lead to further declines toward $1.18-$1.10 or even $1.00.
Ripple has recommended retiring the XLS-38 amendment, a native cross-chain bridge for the XRP Ledger that never activated on mainnet due to low validator support and Axelar handling XRPL-EVM bridging. This move will remove over 10,000 lines of unused...
Bitwise reported about $100 million in net inflows on August 27 across its U.S. crypto exchange-traded products, with Solana funds leading at roughly $40 million, followed by Bitcoin at $22 million and Hyperliquid at $20 million. The Solana Staking E...
Ripple has recommended withdrawing the pending XChainBridge (XLS-38) amendment for the XRP Ledger after deciding that its primary use case—connecting the XRPL mainnet with an EVM-compatible sidechain—is already fulfilled by Axelar. The amendment woul...
US-listed XRP ETFs attracted $28.14 million on August 26, marking the second-largest daily inflow in 2026, led by Bitwise with $13.12 million. Whale wallets accumulated about 460 million XRP tokens, the strongest since February, signaling strong inst...
XRP's derivatives market is experiencing the highest sell pressure of the year, even as open interest and whale-sized orders increase. This indicates a tug of war between buyers and sellers, with futures flow currently dominated by sellers. While XRP...
