The XRP Ledger recorded a 26% increase in payment volume, moving nearly 463 million XRP worth over $620 million at current prices. However, this surge contrasts with a 22.4% drop in active users and only slight growth in new accounts, suggesting the increase may be due to larger or concentrated transactions rather than broad adoption. XRP's price has softened from its August peak near $1.70 to around $1.34, indicating waning momentum and a market correction despite growing transaction activity. Investors should be cautious as the network shows strong payment flow but weaker user engagement and price stability.
XRP fell 3.24% to around $1.35, slipping below the key $1.40 support level amid market uncertainty ahead of US inflation data. Analyst Ali Martinez suggests XRP could reach $60 if it closes a monthly candle above $3.66, a significant rise from curren...
Bitcoin is trading close to $79,000 following August's Producer Price Index (PPI) data, which slightly exceeded expectations due to rising energy costs. Despite a small dip, Bitcoin rebounded toward $80,000 as investors balanced inflation concerns wi...
Ripple CTO Emeritus David Schwartz rejected claims that the XRP Ledger (XRPL) is a "ghost chain" dominated by bots and automated transactions. He emphasized that XRPL's low transaction fees encourage both high-value and low-value activities, which is...
XRP's price fell 6.45% over the past week, underperforming top cryptocurrencies due to expectations of a Federal Reserve rate hike and uncertainty around the Senate's CLARITY Act vote. The token faces technical resistance near $1.34 and $1.40, with k...
Ripple has upgraded its $1 billion-acquired Ripple Treasury platform by integrating GSmart AI agents to assist with liquidity management, cash flow forecasting, reconciliation, and risk assessment. These AI agents provide recommendations but require ...
