David Schwartz, former Ripple CTO, clarified that XRP's use for transaction fees is not a major factor influencing its price. He emphasized XRP's value comes from its unique features and its role in the XRP Ledger ecosystem, not just transaction fee usage. Despite XRP's price drop and holder frustration, Schwartz noted the token's value is tied to the ledger's success but admitted his influence on price is minimal. The XRP Ledger aims to be a fast, cheap payment system rather than a tool solely to boost XRP's price.
XRP is trading at Rp19.791 on Pluang as of Nov 10, 2026 04:31 WIB, down 4.33% in the last day. Despite this decline, XRP maintains a market cap of Rp1.252,42 trillion and a 24-hour trading volume of Rp64,04 trillion. The token's circulating supply stands at 63.5 billion XRP, representing 64% of the total 100 billion XRP. On Pluang, order activity shows a slight buying preference with 54% Buy versus 46% Sell, and typical holders keep XRP for about 73 days, indicating moderate investor engagement amid price fluctuations.
Ether's open interest in derivatives contracts fell sharply by 7.8% over 24 hours, marking the biggest drop among five major cryptocurrencies including Bitcoin, Solana, XRP, and Dogecoin. XRP maintained the highest funding rate at 10.9% annualized, i...
XRP is currently trading significantly below its yearly peak and shows a deeply oversold condition with an RSI of 24, suggesting it may be undervalued. Analysis from Bitrue Research Institute highlights key signals for a potential rebound, including ...
On November 8, the total cryptocurrency market capitalization fell to $2.52 trillion, down 3.74% in 24 hours, despite Bitcoin gaining a modest 0.09% to $75,782. Trading volume was $29.9 billion, with Bitcoin dominance at 60% and Ether at 10.7%. Among...
XRP has fallen for five consecutive days, losing about 14% after nearly $40 million in leveraged long positions were liquidated on November 8. This forced selling has increased fears that XRP could drop below its critical $1 support level, with a tec...
A French crypto analyst highlights key XRP price levels, noting a crucial resistance at $1.25. A daily close above this could trigger renewed buying strength, potentially leading XRP to targets of $1.65, $2.10, and $3.69. The analyst speculates a lon...
