Ripple's product head Jazzi Cooper emphasized institutional credit as a major potential use case for XRP, driven by new lending features on the XRP Ledger (XRPL). The XRPL is introducing amendments XLS-65 and XLS-66, enabling pooled asset vaults and fixed-term, uncollateralized loans, aiming to bring more institutional finance onchain. These features are currently under validator voting, with further upgrades expected in the upcoming XRPL 3.4.0 release. This development could expand XRP's role beyond payments, positioning it as a platform for institutional credit and broader onchain finance.
Cryptex Finance's proposed Digital Market Cap ETF maintains XRP at 4.41% of its portfolio according to its sixth pre-effective amendment filed on Oct. 23. This allocation remains unchanged from earlier filings in September. The ETF aims to track the ...
Ripple is hosting its largest Swell conference yet in New York from October 27–29, expecting over 1,500 attendees and featuring 100+ speakers including executives from CME, BNY, Robinhood, and others. The event will focus on institutional blockchain ...
Ether (ETH) holds the largest share of long accounts among five major cryptocurrencies at 75.9%, followed closely by XRP at 75.7%. All five markets show more long than short accounts, with Ether also having the highest positive funding rate of 0.0049...
David Schwartz, Ripple's CTO emeritus, explained that the XRP Ledger's value flow is driven by its low transaction fees and reliable operation. XRP captures some of this value due to its unique role as the only counterparty-free asset on the ledger a...
Ripple is set to unlock 1 billion XRP tokens on November 1, which could increase selling pressure and cause XRP's price to decline. Historically, Ripple re-escrows most unlocked tokens, limiting the net supply entering the market, but some tokens rem...
