XRP's price has remained stable between $1.086 and $1.113 despite declining spot trading volume, as derivatives market activity and leverage have increased. Open Interest in XRP derivatives rose by 5.9%, indicating that leveraged traders are now the main drivers of price movements rather than spot buyers or sellers. While short-term holders have returned to profitability, boosting investor sentiment, the lack of new spot demand and rising leverage create vulnerability to a sharp price correction if sentiment shifts. The $1.10 support level is at risk as profit-taking pressure grows and the rally's sustainability is uncertain.
Russia's State Duma has passed a law recognizing major cryptocurrencies like Bitcoin, Ethereum, and XRP as legal property, allowing their use in commercial and cross-border transactions. Retail investors face an annual purchase cap of 300,000 rubles ...
XRP's global expansion is driven by Japan, the US, and South Korea, each contributing uniquely. Japan leads with $21.7 billion invested, supported by strong institutional backing and clear regulations. The US boosts XRP adoption via $1.5 billion in X...
The XRP Ledger has surpassed 1 million agentic transactions, highlighting increased use of XRP for machine-to-machine micropayments. RippleX expects this number to grow to between 10 and 100 million in the coming years, supported by new initiatives l...
Michael Higgins, a Ripple executive, highlights that blockchain technology is becoming the backbone of what he calls "Wall Street 2.0." This new era involves institutional finance evolving towards continuous 24/7 markets, tokenization of assets, and ...
Ripple Prime, Ripple Labs' institutional division, now processes $3 trillion annually, serving over 300 institutional clients like hedge funds and banks. This milestone highlights growing institutional use of Ripple's services, mainly through its RLU...
