A new upgrade to the XRP Ledger (XRPL) is approaching, featuring batch transactions, confidential transfers, sponsored fees, and permission delegation. This upgrade was delayed due to a critical vulnerability but is now moving forward with validator votes ongoing. XRP's price has rallied over 4% recently, reaching $1.13, with analysts noting a potential breakout above this level could lead to a 20% price increase. Some bullish forecasts even predict XRP could hit new highs above $6 by year-end if supportive legislation like the CLARITY Act passes. Technical analysis also suggests a triple-bottom pattern that may support long-term gains if key resistance levels are confirmed.
Ripple has minted $10 million worth of RLUSD on the XRP Ledger in a scheduled issuance. This event coincided with a significant increase in transactions and movements among large XRP holders, known as whales. The surge in whale activity suggests grow...
XRP closed the week at $1.09, its lowest weekly close in almost two years, and has continued sliding to around $1.03, down 3.47% over the past week and 43.94% year-to-date. This decline contrasts with gains in nearly all other major cryptocurrencies,...
Major cryptocurrencies saw price declines, with Bitcoin dropping 2.1% to $63,925 and Ethereum falling 2.8% to $1,873.93. Other notable coins like Binance Coin and Solana also declined, reflecting a broad market pullback. Stablecoins remained steady n...
Cryptocurrency prices showed a general downward trend, with Bitcoin falling 1.5% to $64,076 and Ethereum down 2.5% to $1,874. Other major coins like Binance Coin and XRP also saw declines. Stablecoins remained steady around $1. This mixed market move...
After a sharp selloff and rebound, XRP has been trading in a very tight range between $1.008 and $1.05 for about 16 hours, showing little movement. This price compression suggests a standoff between buyers and sellers, with the next decisive break ab...
