Ripple minted $449.3 million worth of its stablecoin RLUSD on the XRP Ledger over a 30-day period. However, it burned $448.9 million of this amount during the same timeframe, effectively removing 99% of the newly issued tokens. This large-scale minting and burning activity highlights Ripple's control over RLUSD supply and its potential strategy to manage liquidity or market dynamics. Investors should watch for future moves that could impact the stablecoin's availability and value.
In a major market move, crypto whales have purchased approximately 1.54 billion XRP tokens worth $2.2 billion within 96 hours, significantly reducing XRP supply on exchanges. This aggressive buying has formed strong support around $1.33 and stabilize...
Ripple has announced the agenda for its Swell 2026 conference in New York, highlighting XRP, tokenization, stablecoins, and institutional settlement as key topics. The event, running from October 27-29, will feature over 100 speakers from major finan...
XRP's price increased by 3.51% to $1.43, supported by strong institutional interest, increased XRP Ledger transactions, and significant whale accumulation of 1.54 billion XRP worth $2.2 billion. The broader crypto market also showed recovery, with Bi...
In September, XRP whale inflows to Binance reached an estimated 1.6 billion XRP, the highest in six months, indicating a surge in large wallet transfers to the exchange. This rise suggests increased trading activity or repositioning rather than immed...
XRP surged more than 5% in 24 hours as the crypto market rebounded following a turbulent week marked by a failed U.S. Senate vote on the Clarity Act and reassurances from the SEC about favorable crypto regulations. The Federal Reserve's expected inte...
