VanEck released a report highlighting the XRP Ledger's potential for institutional adoption by 2030, estimating billions in revenue from cross-border payments, collateral, and securitization. The report positions XRP as a complementary tool to SWIFT for liquidity and settlement, not a direct replacement. However, on-chain data shows a sharp decline in large XRP transactions, indicating short-term hesitation among big holders. Technical analysis points to a critical price level around $1, suggesting XRP may either dip below or form a support before any upward move. The market is balancing between optimistic long-term institutional prospects and cautious short-term trading behavior.
XRP is currently trading around $1.09 and faces strong resistance between $1.11 and $1.15, preventing significant price gains. The cryptocurrency remains below its key moving averages, indicating ongoing bearish momentum despite some easing in sellin...
XRP has seen a surge in bullish sentiment, reaching a five-week high in social discussions despite recent price declines. Market data from Santiment shows XRP's bullish commentary outpaces bearish sentiment by over three times, the strongest among ma...
NEAR Protocol has broken above the key $2 level and is trading above its major moving averages, signaling a potential bullish recovery. In contrast, XRP remains stuck below critical resistance levels and continues a corrective phase. Memecoins Shiba ...
VanEck, a major financial firm managing $110 billion, sees Ripple's XRP Ledger as a leading player in cross-border payments, collateral, and securitization markets by 2030. These markets combined generate tens of billions annually, with XRP positione...
Ripple has burned another 10 million RLUSD tokens, continuing a series of burns that have reduced the circulating supply of its U.S. dollar-backed stablecoin by about 20% since late May. These burns occur as users redeem RLUSD for dollars, aligning s...
