XRP has found crucial support at $1.35 after a 20% drop from $1.70, with significant trading volume at this level suggesting strong investor interest. The recent pullback is linked to profit-taking and whale selling, which saw about 90 million XRP redistributed. Network activity has also slowed sharply, indicating reduced user participation. If XRP maintains support above $1.35 and climbs past $1.38, it could target resistance levels at $1.60 and $1.68, with the broader trend remaining bullish as it trades above key moving averages.
XRP is trading near $1.34 amid growing interest in its use as collateral for institutional credit, a use case highlighted by RippleX's Head of Product, Jazzi Cooper. This narrative links XRP to lending beyond cross-border payments, though key protoco...
Bitcoin, Ethereum, and XRP are maintaining stable prices as the Federal Reserve's September 16 meeting approaches, despite rising Treasury yields nearing 5%. This resilience suggests the crypto market may be adapting to a higher interest rate environ...
Ripple has identified corporate treasury clients handling about $13 trillion annually as a key growth opportunity for its $2.4 billion RLUSD stablecoin. RLUSD's supply has grown over 50% in a month, circulating mainly on Ethereum and the XRP Ledger. ...
RippleX's Head of Product, Jazzi Cooper, highlighted XRP as a promising collateral asset for institutional credit using the XRP Ledger's lending architecture (XLS-65 and XLS-66). This approach would allow institutions to borrow stablecoins like RLUSD...
Ripple has partnered with SettleMint to offer banks a unified platform combining custody, issuance, compliance, settlement, and servicing for tokenized assets. This integration aims to reduce the complexity banks face by replacing multiple vendors wi...
