XRP saw a strong rally of over 46% this week, reaching a seven-month high of $1.70 before sharply dropping 14% to $1.46 in the last 24 hours. This pullback triggered more than $250 million in long position liquidations, the highest among large-cap assets, raising concerns of a potential bull trap despite bullish analyst predictions targeting $2 by Q3's end. Rising Binance funding rates and aggressive long positions suggest the market may be overheating, warning traders to be cautious of a deeper correction before any further gains.
Bitcoin rose slightly by 0.44% to $77,906 despite the total cryptocurrency market capitalization dropping 3.35% to $2.60 trillion. Major tokens showed mixed performance: Ether and BNB gained modestly, while XRP, Solana, and Dogecoin declined. TRON le...
In Q3 2026, the XRP Ledger's stablecoin supply exceeded $1 billion for the first time, driven mainly by Ripple USD (RLUSD), which accounted for 98.1% of the total liquidity at $1.01 billion. The overall stablecoin supply grew 25.2% to $1.03 billion, ...
In Q3, the XRPL stablecoin supply surpassed $1.03 billion, growing 25.2%, with transfer volume rising 39.5% to $14.09 billion, mainly due to Ripple USD (RLUSD) which accounted for 98.1% of liquidity. This growth highlights XRPL's expanding financial ...
The XRP Ledger's stablecoin supply surpassed $1.03 billion in Q3, with transfer volume increasing 39.5% to $14.09 billion, driven mainly by Ripple USD (RLUSD), which holds 98.1% of stablecoin liquidity on XRPL. This milestone highlights XRPL's growin...
Ripple secured final U.S. approval to establish its national trust bank and expanded partnerships with major financial firms in October, projecting $900 million in annual product revenue. Despite these milestones, XRP, the associated cryptocurrency, ...
