A proposed XRP Ledger upgrade aims to increase the transaction memo field size from 1 KB to 1.3 MB, allowing users to embed large media files like images, music, and videos directly on the blockchain. Matt Hamilton, former Ripple developer relations director, criticized this plan, warning it would force every node to store heavy files permanently, drastically increasing hardware demands and threatening the network's decentralization. He suggests using specialized storage networks like Filecoin instead, to keep XRP Ledger efficient as a payment system. This debate highlights the tension between expanding blockchain functionality and maintaining its core performance and decentralization.
XRP's price increased by 2.30% within one hour, reaching $1.25 on Binance's spot market. During the same period, short positions worth $180,000 were liquidated across Binance, Bybit, and OKX, while no long liquidations occurred. XRP holds a market ca...
XRP's price fell 4.10% to $1.21 over four hours on Binance, with a significant surge in long liquidations totaling $700,000 across Binance, Bybit, and OKX in one hour. Short liquidations were much lower at $60,000, making long liquidations about 11.7...
The Modern Investor raised its XRP price target to $25 from a previous $8.95, without specifying a timeline. This new target has sparked debate among commenters, with some doubting its feasibility due to Ripple's large XRP holdings and transaction vo...
XRP's price fell 6.42% over the past 24 hours, trading at $1.24 on Binance as of Oct. 29 evening, down from $1.29 four hours earlier. This decline triggered liquidations totaling $240,000 in longs and shorts across Binance, Bybit, and OKX within one ...
Stuart Alderoty, Ripple's Chief Legal Officer, submitted comments to the US Treasury advocating for stronger protections for stablecoin holders under the upcoming GENIUS Act rules, effective January 18, 2027. He supports the law's 100% reserve requir...
