Ripple released 1 billion XRP from escrow on June 1 as part of its monthly unlock schedule, while U.S. spot XRP ETFs recorded a record $118.29 million in net inflows in May, the strongest month of 2026 for these funds. This supply release is mostly re-locked, so the net new XRP entering circulation is smaller, but the event is closely watched as it is the largest scheduled supply event each month. Despite the fresh supply, XRP traded near $1.27, slightly down, reflecting a balance between steady institutional demand via ETFs and market pressure. The key question remains whether ETF inflows can continue to absorb the monthly escrow releases amid a cautious crypto market environment.
The XRP Ledger saw a nearly tenfold increase in payment volume on June 1, with over 1.5 billion XRP transferred, marking one of the largest on-chain spikes this year. This surge was accompanied by a rise in transaction counts, exceeding 1.16 million ...
XRP traded near $1.26 on June 2, down over 3% in 24 hours and more than 9% in the past month, pressured by weak momentum and bearish technical indicators like RSI near oversold and a bearish MACD. Whale withdrawals from Binance hit their lowest since...
Ripple has expanded its USD-backed stablecoin RLUSD into Turkey through partnerships with local firms BiLira, Bitexen, and Bitlo. This move targets Turkey's rapidly growing crypto market, driven by inflation and currency volatility pushing demand for...
DonAlt, the trader known for accurately predicting XRP's 700% rally, cautions investors about the current Bitcoin market. He notes Bitcoin remains in a sideways range between $60,000 support and $82,300 resistance, with no major changes expected soon...
Bitcoin dropped over 3.8% to below $70,000, hitting multi-week lows after MicroStrategy sold 32 BTC worth $2.5 million to pay preferred stock dividends, marking its first public bitcoin sale since 2020. This sale, though small relative to MicroStrate...
