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.
Over the past month, the number of active accounts on the XRP Ledger surged by 132%, rising from 15,678 to 36,342, even as XRP's price fell from $1.48 to $1.24, causing a $15.2 billion market cap loss. Both sending and receiving addresses increased s...
Ripple issued 110.57 million RLUSD stablecoins on the XRP Ledger just before Binance resumed XRP and RLUSD withdrawals following its $6.3 billion hack. RLUSD's market cap is about $2.56 billion, with a third of tokens on XRP Ledger and the rest mostl...
The XRP Ledger's price oracle now includes market data for Ripple's RLUSD and the euro-based EUROP stablecoins, alongside major cryptocurrencies like XRP, Bitcoin, and Ethereum. This expansion supports blockchain financial applications and Ripple's g...
XRP price held around $1.25 on November 3, showing stability despite a 16.5% drop over the past month and subdued institutional demand, with U.S. spot XRP ETFs seeing net outflows. Network activity grew, with nearly 8,000 new wallets created, possibl...
Following the Binance hack that saw $6.36 billion stolen, including 233 million XRP tokens, XRP investors responded by creating nearly 8,000 new wallets in 24 hours, more than doubling the usual daily average. This surge reflects a shift toward self-...
