The XRP Ledger (XRPL) is set to release Lending Protocol v1.1 with version 3.4.0 next week, improving its native lending infrastructure even before the original lending amendments have reached the required validator activation threshold. This upgrade refines the XLS-66 lending specification and adds features like a MemoData field for VaultDelete transactions. Although the lending system, which supports fixed-term, uncollateralized loans via pooled liquidity, is already integrated into the software, it still requires validator approval to go live on the network. Meanwhile, institutional players like Ripple, Clearpool, and Cicada Partners are building lending markets around XRPL's architecture, leveraging over $1.8 billion in combined lending and underwriting experience. The key question remains when validators will enable the feature, marking a significant step for XRPL's expansion beyond payments.
XRP's price volatility has sharply decreased ahead of the US Senate's vote on the CLARITY Act and the Federal Reserve's interest rate decision, causing the price to stabilize around $1.34–$1.37. Historically, such low volatility phases for XRP have l...
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Clearpool announced plans to expand its institutional lending products to the XRP Ledger (XRPL) by replacing its current token, CPOOL, with a new token called CLEAR through a 1:1 migration. This move aims to recapitalize its treasury to fund incentiv...
XRP traded between $1.329 and $1.365 on September 11, closing near $1.336 and maintaining a crucial support level around $1.33. Analysts highlight a completed Wave 1 and an intact bull flag pattern, suggesting a potential rise to $1.88 if the support...
Binance's bitcoin reserves have risen to over 693,000 BTC, the highest in two years and about 30% of all major exchange reserves. This increase of roughly 77,000 BTC since April raises potential sell-side pressure as Bitcoin faces a strong resistance...
