XRP price fell below $1.40 this week after breaking down from a tightening triangle pattern, now trading between $1.34 and $1.37. Key support levels to watch are $1.31 and $1.17, with the latter near the 100-period moving average. Significant whale activity saw around 90 million XRP tokens sold or moved recently, contributing to the price drop. Analysts note mixed technical signals but suggest a recovery could start if XRP reclaims $1.38, potentially moving toward $1.60 to $1.68. Meanwhile, Ripple's RLUSD stablecoin targets a $13 trillion corporate treasury market, adding a broader context to XRP's ecosystem developments.
Ripple announced at the XRP Seoul event that it intends to launch a credit service in 2027 allowing customers to use XRP deposited in lending pools as collateral for short-term payment credit. However, the technical amendment enabling this, LendingPr...
Ripple has extended its agreement with Brevan Howard, a fund manager with $35 billion under management, to provide multi-asset prime brokerage, clearing, and financing through Ripple Prime. This builds on their previous relationship, including Brevan...
Firelight, a DeFi insurance protocol, has launched coverage backed by 50.2 million XRP staked on the Flare network, totaling $115 million in coverage capacity. This new use of staked XRP enhances its utility within DeFi by protecting against smart-co...
XRP futures trading volume remained close to the highest levels seen in the past six months during September, with Binance leading the market at $32.36 billion in volume. Other major exchanges like Bybit and OKX also reported strong activity, indicat...
Ripple has broadened its partnership with global investment firm Brevan Howard by offering multi-asset prime brokerage, clearing, and financing services through Ripple Prime. This expanded agreement allows Brevan Howard to access Ripple Prime's cross...
