21Shares, managing $11 billion in assets, clarified that Ripple does not control the XRP Ledger, which is a decentralized public blockchain with over 150 validators. They emphasized that Ripple, XRP, and the XRP Ledger are distinct entities, with Ripple being a private company using the network but not owning it. XRP's supply is capped at 100 billion tokens, with a burn mechanism that reduces supply over time. 21Shares also projected potential XRP prices for 2026, including a bullish target of $2.69, reflecting significant upside from current levels around $1.44. The firm offers XRP investment products in Europe and the U.S., reinforcing its positive outlook on XRP.
In 2026, Ripple's stablecoin RLUSD grew by 1,278% to a $2.32 billion market cap, while XRP's price dropped 27% to around $1.39. Despite XRP Ledger's transaction volume rising 21%, institutional users prefer RLUSD for settlements due to its dollar peg...
Coinbase has been identified as the third-largest holder of XRP after blockchain data platforms labeled 146 previously unknown wallets as Coinbase-owned, totaling 5.5 billion XRP. This update corrected an earlier automated alert that mistakenly sugge...
On September 8, XRP ETFs recorded $1.55 million in net inflows, standing out as the only crypto ETFs to attract new capital while Bitcoin, Ethereum, Solana, and Hyperliquid ETFs experienced outflows. Despite this daily lead, XRP's inflows are modest ...
XRP exchange-traded funds (ETFs) attracted $1.55 million in net inflows on September 8, contrasting with outflows from Bitcoin, Ethereum, and Solana ETFs. Bitcoin ETFs experienced the largest withdrawals at about $46.65 million, followed by Ethereum ...
SWIFT announced a new blockchain-based payment system aiming for always-on, interoperable, and compliant cross-border transactions, supported by 17 early-adopter banks. This system records and settles tokenized bank deposits on a shared ledger, poten...
