Ripple is expanding its XRP ecosystem globally, with Rakuten Wallet users in Japan converting points to XRP and Hana Financial TI in Korea testing a won stablecoin on the XRP Ledger. Ripple's native stablecoin RLUSD has grown over 10% this month, reaching a $1.6 billion supply high, reflecting real-world TradFi use cases. Technically, XRP shows a bullish setup with low leverage and strong institutional demand, supported by $81 million ETF inflows in April. The advancing CLARITY Act in the US Senate could further boost XRP's position as a top crypto asset, leveraging its growing presence in Asian markets and solid fundamentals.
On June 15, Bitcoin ETFs experienced a net outflow of $64.09 million, mainly due to a $124 million withdrawal from Grayscale's GBTC, despite some funds like Blackrock's IBIT gaining inflows. In contrast, Ether ETFs reversed a four-day outflow streak ...
XRP Ledger has released version 3.2.0, renaming its server software from "rippled" to "xrpld" to better reflect its ecosystem. This update focuses on improving network efficiency, saving up to 40% in server memory, and enhancing security across multi...
Solana (SOL) surged about 7% over two days, leading altcoin gains amid easing U.S.–Iran tensions that improved risk sentiment across global markets. The rally was driven by macro factors rather than Solana-specific news, with trading volume rising 24...
Ripple has invested in African fintech Flutterwave during its Series E funding round, valuing Flutterwave at $3.2 billion. The partnership will integrate Ripple's RLUSD stablecoin and XRP Ledger into Flutterwave's payment network, enabling faster and...
Ripple has acquired an equity stake in African fintech company Flutterwave, valuing the firm at $3.3 billion. This investment strengthens Ripple's presence in Africa amid rising demand for faster, cheaper cross-border payments. Flutterwave operates i...
