Large XRP holders are moving millions of XRP off Binance, significantly reducing the exchange's supply. This trend suggests that whales are shifting their assets to private wallets or long-term storage, which could reduce selling pressure and tighten supply. With XRP trading around $1.07 and Binance's XRP supply ratio at a low 0.03, this could amplify price movements if demand rises. Additionally, new utilities like borrowing Ripple's RLUSD stablecoin without selling XRP add to long-term holding incentives. Technically, XRP is near a critical resistance level, and a breakout could trigger a strong rally, making this a key moment to watch for potential major price moves.
The GRAM token experienced sharp price swings after Apple temporarily removed Telegram from its App Store due to content violations, causing a brief 6% drop before recovery. Meanwhile, XRP holders can now borrow the RLUSD stablecoin using wrapped FXR...
Ripple President Monica Long announced that financial institutions are transitioning tokenized assets from pilot projects to full production, increasing the need for operational infrastructure on public blockchains. Ripple invested in ZILO and Licuid...
XRP closed below its monthly 50-period moving average for the second month, signaling a potential deeper correction. Historical patterns suggest XRP could fall 25-40% to between $0.80 and $0.65, aligning with long-term support levels and a key Fibona...
XRP is trading near $1.06-$1.08, down about 43% this year, with monthly momentum at its weakest in over 13 years, signaling a deeply oversold condition. Despite this, XRP spot ETFs saw $14.86 million in inflows last week, led by Bitwise and Franklin ...
Ripple President Monica Long highlights a major shift in banking, describing it as a 'light switch flip' from pilot projects to full-scale issuance of tokenized assets on the XRP Ledger. Institutional demand has surged, fueling nearly $4 billion in o...
