The supply of RLUSD stablecoin on the XRP Ledger has surged to over 51% of its total circulation, up from 17% in April 2025. This shift highlights growing adoption of RLUSD on the XRP network, which now serves as the main hub for its liquidity and trading. Meanwhile, RLUSD supply on Ethereum has declined, indicating XRP Ledger's rising dominance for RLUSD issuance. The increase in RLUSD transactions has also driven network growth, with RLUSD/XRP trading volume reaching about $900 million in six months, making RLUSD one of the most actively traded assets on XRP Ledger.
Cryptocurrency markets experienced varied price changes, with Bitcoin increasing by 2.5% to $61,637 and Ethereum gaining 4.56% to $1,694.92. Other notable gains include ZEC up 6.28%, UNI surging 16.53%, and M rising 44.40%. These fluctuations reflect...
Ripple's dollar-pegged stablecoin RLUSD has rapidly migrated to the XRP Ledger, with on-chain volume increasing 40 times in the past six months. Previously, most RLUSD was on Ethereum, but now over 52% of RLUSD supply is on XRP Ledger, marking a majo...
XRP's recent price breakout has triggered a significant market squeeze, forcing short sellers to close leveraged positions worth millions. The price rise to around $1.08 has brought short sellers within 20% of the critical max pain level at $1.30953,...
Ripple acquired Hidden Road for $1.25 billion in 2025, rebranding it as Ripple Prime, an institutional prime brokerage platform offering clearing, financing, and trading across digital and traditional assets. This move positions Ripple as the first c...
Bitcoin surged above $61,000, sparking a broad rally in altcoins with Solana leading a 9% gain. The crypto market's recovery is driven by easing inflation concerns after Federal Reserve comments, boosting investor confidence. Market activity increase...
