Ripple has contributed $10 million to extend Velocity's funding round to $48 million, valuing the fintech at around $200 million. Velocity develops technology that connects traditional finance with stablecoin payment systems to enable faster, more efficient settlements, including outside banking hours. This investment supports Ripple's broader strategy to expand its stablecoin and payment infrastructure presence, following its launch of RLUSD and acquisition of Rail. The move highlights growing institutional interest in integrating blockchain-based settlement solutions with mainstream financial networks.
While Ripple has invested $10 million in Velocity's $48 million funding round to boost blockchain payment infrastructure, XRP on Pluang trades at Rp23.306, down 10.62% in one day as of Sep 16, 2026 02:11 WIB. This contrasts with Ripple's broader strategic moves, as XRP's market cap stands at Rp1.556 trillion with a high 24-hour volume of Rp89.64 trillion, showing active trading despite the price drop. The circulating supply is 63% of the total XRP, and most Pluang users are selling (71%) rather than buying (29%), holding their XRP for an average of 71 days.
Analyst Dana Love's review of Evernorth's SEC filings reveals the company holds about 6.07 XRP per share, not the 15 XRP per share suggested by a popular tracker. This recalculation shows Evernorth shares trade at roughly 1.87 times the value of thei...
XRP price hovered near $1.32 on October 23, unable to recover from its October losses despite $3.55 million inflows into U.S. spot XRP ETFs and a record 8.24 million XRP Ledger wallets. Selling pressure persists as XRP lost about 18% in the past mont...
Crypto analyst Ali Martinez set an immediate target of $1.55 for XRP, just above the current resistance level of $1.45 during its rebound from $1.30. He noted that a sustained close above $1.56 could open the way for XRP to reach $2. Martinez also hi...
XRP, a popular digital asset, was priced at $1.32 as of early Friday morning, showing a slight decrease of 0.65% over the previous 24 hours. This minor drop indicates a small market fluctuation but no major trend change. Investors should watch for fu...
On October 21, XRP's 100-day moving average crossed above its 200-day average, a technical event often seen as a bullish signal. However, this crossover is mainly due to a base effect from shifting price data, not fresh buying demand, as XRP's price ...
