Ripple Labs CEO Brad Garlinghouse stated the company is now more neutral about pursuing an IPO, after being private for a long time. Ripple aims to reach a $1 billion annualized revenue run rate by the end of 2026, excluding XRP sales, despite a bearish crypto market. The company’s acquisitions and XRP Ledger growth have boosted transaction volumes to scales comparable to Visa. Ripple’s equity is valued around $50 billion, and its IPO could significantly impact XRP’s price outlook.
Ripple minted $449.3 million worth of its stablecoin RLUSD on the XRP Ledger over a 30-day period. However, it burned $448.9 million of this amount during the same timeframe, effectively removing 99% of the newly issued tokens. This large-scale minti...
XRP's price remains near the $1 mark but shows a bullish divergence in the Relative Strength Index (RSI), suggesting that bearish momentum is weakening despite a continuing downtrend. The RSI is rising while the price hits lower lows, indicating pote...
Ripple CEO Brad Garlinghouse emphasized the company's role as a bridge between traditional finance (TradFi) and decentralized finance (DeFi), highlighting Ripple's 75 global licenses and a U.S. court ruling that XRP is not a security. He expects Ripp...
XRP's open interest on Binance has reached a two-month high, signaling increased trader activity in derivatives despite its price hovering near $1. On-chain XRP Ledger transactions over $1 million have surged 280% in 24 hours, with active addresses h...
XRP price remains steady near $1, supported above $0.99, amid fading bearish momentum. A significant White House meeting involving President Trump, SEC Chair Paul Atkins, CFTC Chief Michael Selig, and executives from Coinbase, Ripple, and others is s...
