Ripple minted $10 million in RLUSD stablecoins on the XRP Ledger, signaling a strategic focus on B2B corporate payments rather than mass retail markets. Meanwhile, XRP whales have been actively moving and accumulating over 380 million XRP, defending the key $1 price floor. This contrasts with Tether's $1 billion USDT issuance on Tron, which targets retail liquidity. Ripple's move reflects its niche approach amid ongoing market consolidation and growing large-investor interest in XRP.
The XRP Ledger's price oracle now includes market data for Ripple's RLUSD and the euro-based EUROP stablecoins, alongside major cryptocurrencies like XRP, Bitcoin, and Ethereum. This expansion supports blockchain financial applications and Ripple's g...
XRP price held around $1.25 on November 3, showing stability despite a 16.5% drop over the past month and subdued institutional demand, with U.S. spot XRP ETFs seeing net outflows. Network activity grew, with nearly 8,000 new wallets created, possibl...
Following the Binance hack that saw $6.36 billion stolen, including 233 million XRP tokens, XRP investors responded by creating nearly 8,000 new wallets in 24 hours, more than doubling the usual daily average. This surge reflects a shift toward self-...
Options data from Coinbase Markets on Nov. 1 indicates that XRP and Solana have the highest implied volatility among four major crypto assets, each at 8.7% for the period through Nov. 8. This figure estimates potential price movement in either direct...
Ripple returned 700 million XRP to escrow in three transactions shortly after releasing 1 billion tokens worth about $1.25 billion, leaving 300 million XRP unlocked outside escrow. The re-locking extends token lockups until mid-2029, reducing uncerta...
