XRP's recent price rise appears positive but is accompanied by declining trading volume, indicating weak market participation rather than strong buying. Technical indicators like the downward-sloping 50-day and 100-day EMAs suggest the rally is temporary within a broader bearish trend. The price struggles to break resistance levels and is testing support between $1.30 and $1.35, which if breached, could lead to a sharper decline. Investors should be cautious as the current signals point to increased downside risk for XRP in the short term.
Ripple has recommended retiring the XLS-38 amendment, a native cross-chain bridge for the XRP Ledger that never activated on mainnet due to low validator support and Axelar handling XRPL-EVM bridging. This move will remove over 10,000 lines of unused...
Bitwise reported about $100 million in net inflows on August 27 across its U.S. crypto exchange-traded products, with Solana funds leading at roughly $40 million, followed by Bitcoin at $22 million and Hyperliquid at $20 million. The Solana Staking E...
Ripple has recommended withdrawing the pending XChainBridge (XLS-38) amendment for the XRP Ledger after deciding that its primary use case—connecting the XRPL mainnet with an EVM-compatible sidechain—is already fulfilled by Axelar. The amendment woul...
US-listed XRP ETFs attracted $28.14 million on August 26, marking the second-largest daily inflow in 2026, led by Bitwise with $13.12 million. Whale wallets accumulated about 460 million XRP tokens, the strongest since February, signaling strong inst...
XRP's derivatives market is experiencing the highest sell pressure of the year, even as open interest and whale-sized orders increase. This indicates a tug of war between buyers and sellers, with futures flow currently dominated by sellers. While XRP...
