Ripple CEO Brad Garlinghouse revealed that Ripple's ecosystem now handles about $16 trillion in annual financial flows, highlighting a major opportunity for XRP in institutional payments. Despite cryptocurrencies currently representing a negligible share of this volume, Ripple is expanding its blockchain infrastructure with tokenization, DeFi, AI, and improved governance to meet banking needs. The company is also deploying stablecoins and treasury services, partnering with platforms like Bitso, and engaging in regulated derivatives markets to strengthen XRP's role in traditional finance. This positions Ripple to modernize cross-border payments and accelerate blockchain adoption among financial institutions.
XRP saw a surge in futures trading volume in late August, with leveraged traders dominating spot traders. Open Interest has decreased to around $3 billion, and liquidations have compressed, indicating a consolidation phase with lower leverage. XRP is...
Senator Cynthia Lummis warned that failure to pass the Clarity Act this term could delay meaningful cryptocurrency market legislation until 2030, impacting investment and regulatory clarity. Meanwhile, XRP maintains a stable price around $1.40 suppor...
The XRP Ledger (XRPL) saw its stablecoin market capitalization rise by 21.40% over the past 30 days, reaching $1.09 billion as of September 7. This growth was accompanied by a 33.61% increase in stablecoin holders and a 23.87% rise in 30-day stableco...
XRP is showing signs of a strong bullish trend, trading near $1.40 after bouncing from $1.00 in August. While short-term targets focus on $1.50 to $1.70, analyst EGRAG projects a long-term surge to $6.19-$8.07 based on Elliott Wave and Fibonacci anal...
XRP's derivatives trading volume surged to $11.37 billion on August 22, the highest since February, coinciding with a 57% price rebound from about $0.90 in mid-August to $1.41 by September 7. This increase in futures activity and leverage, especially...
