Ripple minted $200 million worth of RLUSD on the XRP Ledger on May 20, marking the largest single mint in the network's history. On the same day, it burned $100 million worth of RLUSD on Ethereum, reducing supply there. This activity caused RLUSD supply on XRP Ledger to rise to $690 million, more than doubling in two months, while Ethereum's supply dropped to about $1.06 billion. Overall, RLUSD's total market cap across both blockchains increased to approximately $1.75 billion, driven mainly by the XRP Ledger expansion.
XRP's price rebounded to around $1.18 after earlier weakness, driven by expanding use in payments, tokenization, liquidity, and settlement. Industry experts highlight that the XRP Ledger's growing utility, including Ripple's cross-border payments and...
XRP is trading around $1.14 with a 29.5% drop in volume, reflecting cautious investor sentiment amid uncertainty over U.S. Federal Reserve policies and the ongoing Ripple-SEC legal case. The token's market cap stands at about $70.6 billion, maintaini...
The SEC approved the T. Rowe Price Active Crypto ETF on June 12, 2026, listing XRP among its eligible assets, enabling regulated institutional investment in XRP. This ETF can hold 5 to 15 cryptocurrencies and is actively managed to adapt to market ch...
XRP has stabilized above the key $1 support level after a sharp drop from $1.30, with selling pressure fading between $1.05 and $1.10. This suggests sellers are losing conviction, but it is not yet a bullish reversal. For a clear uptrend, XRP needs t...
Despite Bitcoin's recent pullbacks and dominance holding near 60%, there is no strong rotation into altcoins like XRP and Solana (SOL) yet, with their BTC ratios down significantly since late 2023. However, XRP and SOL continue to attract steady inst...
