Ripple conducted its scheduled June escrow release, unlocking 1 billion XRP valued at over $1.33 billion in three transactions. This release is part of Ripple's ongoing supply management, where unused XRP is often returned to escrow, moderating its impact on circulating supply. The XRP Ledger shows strong institutional growth with rising transaction volumes and expanding use cases, supporting XRP's market position. Following the release, XRP price trades near $1.35 within a bullish channel, with key support at $1.34 and potential upside targets around $1.37 and $1.40 if momentum continues.
Binance has introduced an $800,000 XRP airdrop campaign for holders of Ripple's stablecoin RLUSD, offering weekly XRP rewards until August 14. To qualify, users must hold at least 0.01 RLUSD and meet a daily average trading volume of $500 in Margin o...
XRP broke a multi-month downtrend and surged to $1.12 following cooler-than-expected US Producer Price Index (PPI) data, which showed a 0.3% monthly decline and eased fears of tighter Federal Reserve policy. This led to a significant short squeeze wi...
XRP is showing a bullish falling wedge pattern, indicating weakening bearish momentum and a possible trend reversal. On-chain data supports this positive outlook, with more investors moving XRP to self-custody wallets, reducing sell pressure. XRP dom...
The Depository Trust & Clearing Corporation (DTCC) has officially started live production trading of tokenized Russell 1000 equities, major ETFs, and U.S. Treasuries, marking a major step for blockchain in institutional finance. This launch uses bloc...
Binance announced an $800,000 XRP airdrop with strict eligibility rules including full KYC verification and regional bans for residents of Canada, Japan, Iran, North Korea, and much of Europe due to regulatory compliance. Participants must hold at le...
