XRP traders holding long positions are mostly losing money, with up to 96.1% of longs opened above the current price near $1.30. Despite recent volatility between $1.28 and $1.50, a few large positions remain profitable. The high long-to-short ratio of 3.6:1 and increased coin-margined longs suggest many traders are heavily exposed to price drops, which could trigger liquidations and further selling pressure. However, ongoing demand in XRP ETFs and declining exchange reserves indicate some underlying strength outside futures markets.
XRP is currently trading at Rp24.026 on Pluang, showing a 1.22% increase in the past day. As of Oct 16, 2026 03:33 WIB, the market cap stands at Rp1.520,29 trillion with a 62% buy order activity, indicating ongoing interest despite the challenges faced by long position holders.
Ripple CEO Brad Garlinghouse announced that Ripple is advancing XRP's role by integrating lending protocols through treasury deployment, notably contributing XRP tokens to Evernorth's $500 million corporate treasury fund listed on NASDAQ. This move a...
Ripple has signed an agreement with Cross River Bank to integrate its RLUSD stablecoin into the bank's Core Operating System via a single API. This allows fintech customers to transfer stablecoins alongside traditional payment methods like ACH, wires...
On October 14, U.S. spot XRP ETFs recorded net inflows of about $740,000, contrasting sharply with Bitcoin spot ETFs which experienced $261.4 million in outflows. This split highlights differing investor interest in these digital assets on that day. ...
Cross River Bank has partnered with Ripple to integrate the RLUSD stablecoin and XRP Ledger into its banking system, enabling fintech companies to handle traditional and blockchain payments through a single connection. This integration simplifies mon...
Cross River Bank has partnered with Ripple to integrate the RLUSD stablecoin into its banking infrastructure via the XRP Ledger. This integration enables fintech companies to use blockchain payments, cross-border transfers, and real-time settlements ...
