Ripple has minted an additional 900,000 RLUSD stablecoins amid a sharp rally in XRP price, which surged nearly 19% in the past 24 hours to a high of $1.24. This minting follows several large RLUSD issuances and burns, indicating active management of the stablecoin's circulating supply rather than simple expansion. XRP's strong performance, with gains over 18% in one day and over 21% in a week, highlights growing investor interest in Ripple's ecosystem. The combined activity suggests increased liquidity and market attention around Ripple's stablecoin and cryptocurrency.
Before the U.S. midterm elections on November 3, Ripple's latest escrow cycle resulted in a net 300 million XRP tokens outside escrow after releasing 1 billion XRP and placing 700 million XRP into new escrows. The releases occurred on October 31, and...
On November 1, nearly 7,934 new XRP wallets were created, marking one of the highest daily totals in 2026, following the $6 billion Binance hack. This surge suggests many users may be moving toward self-custody of their crypto assets, as Binance conf...
Following a security breach at Binance, large XRP withdrawals surged, with about 283 million XRP moved from the exchange, mostly through compromised accounts. This raised concerns about stolen funds and potential selling pressure, as hackers actively...
As of November 1, Ether (ETH) holds a market capitalization of $275.40 billion, which is about 3.48 times larger than XRP's market cap of $79.22 billion. Ether's price stood at $2,273.92, while XRP was priced at $1.25. This significant difference hig...
A crypto commentator with experience since 2017 expressed skepticism about XRP reaching extreme price targets like $400 or even $30. Despite these doubts, the commentator said they would continue holding XRP, having witnessed its major rallies. This ...
