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.
Ripple USD (RLUSD) stablecoin saw zero burn activity at the start of June, following significant mint and burn events in May, including a peak mint of $261 million on May 20. The burn pause comes after a month where more RLUSD was burned than minted,...
In the first quarter of 2026, XRP lost its position as one of the top cryptocurrencies to BNB amid a broader market correction. Despite this drop in market cap ranking and price challenges, institutional investors remain actively engaged with XRP, as...
XRP's price closed May below a key Bollinger Bands support level, signaling a bearish trend that could push the price below $1 this June. The monthly chart shows resistance at $2.07 and a potential test of the lower band near $0.97, while the RSI ind...
XRP is trading around $1.32 with a weakening order book depth on Binance, the lowest since 2020, increasing the risk of volatile price moves. Nearly 47% of recent buyers hold losses, adding pressure and uncertainty. Key technical levels to watch incl...
XRP is trading around $1.33–$1.34, slightly down 0.32% in the last 24 hours, with a crucial support level at $1.35. Technical analysis shows a descending channel and resistance near $1.3380, suggesting potential downward pressure if $1.35 fails to ho...
