XRP withdrawal transactions on Binance reached 53.8% on June 23, the highest since June 2024, while deposits fell to 46.1%, the lowest in about two years. Withdrawals have exceeded deposits for seven consecutive days, indicating a sustained shift in user behavior. Meanwhile, Ripple burned $539 million worth of its RLUSD stablecoin in the past month, with burns surpassing mints by $129 million, highlighting significant supply reduction. XRP’s price has declined about 9.4% over the past week, reflecting these market dynamics as investors watch for further developments.
SOIL is preparing to become the first application to utilize XRP Ledger's proposed native lending infrastructure enabled by the XLS-65 and XLS-66 amendments. These changes will introduce on-chain lending, liquidity pools, and yield products directly ...
XRP's price fell 3.8% to $1.09 on June 23, breaking below a key support level of $1.12 despite Ripple securing a Crypto Asset Service Provider license in Luxembourg. This license allows Ripple to expand in Europe ahead of new regulations, but the bro...
Ripple has successfully completed a comprehensive re-audit of its XRPL Lending Protocol by blockchain security firm Halborn, confirming all previous issues were resolved or accepted. The protocol enables fixed-term, uncollateralized loans on the XRP ...
Ripple has completed a thorough re-audit of its XRP Lending Protocol by Web3 security firm Halborn, confirming all previous issues have been resolved or managed. The audit focused on code changes since the last review and found no critical vulnerabil...
A major investor holding a $30 million leveraged long position in Ripple's XRP is under pressure due to recent price declines, risking forced liquidation. The investor is defending the position by adding capital, betting on a historical July price ra...
