Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Ripple transfers $59M in XRP to Binance wallets amid price rise and market watch on $1.20 resistance

Market News
10 Jun 2026
Blockonomi
View Source
Bullish
pluang ai news

Ripple moved 50 million XRP tokens worth about $59 million to an intermediary wallet, which then distributed the tokens in batches to Binance-linked wallets. This transfer aligns with Ripple's usual On-Demand Liquidity operations rather than a direct sale, easing fears of market dumping. XRP's price has risen over 12% recently, trading near $1.16, with analysts watching the $0.90 support and $1.20 resistance levels. Continued technical upgrades and ETF inflows support XRP's bullish momentum amid broader market inflation concerns.

More News (XRP)

Mastercard launches Agent Pay for Machines enabling AI-driven microtransactions with crypto and finance partners

Mastercard launches Agent Pay for Machines enabling AI-driven microtransactions with crypto and finance partners

Mastercard introduced Agent Pay for Machines (AP4M), a new program allowing AI agents to autonomously conduct high-speed, low-cost payment transactions. Supported by over 30 partners including Aave, Coinbase, OKX, Polygon, Ripple, and Solana, AP4M co...

Protocol Fundamentals
Bullish
4 hours ago
XRP Ledger surpasses Ethereum and Solana with $274M in tokenized U.S. Treasury assets from Ondo Finance

XRP Ledger surpasses Ethereum and Solana with $274M in tokenized U.S. Treasury assets from Ondo Finance

The XRP Ledger (XRPL) has overtaken Ethereum and Solana as the leading blockchain network for tokenized U.S. Treasury products issued by Ondo Finance, holding about $274 million in value on-chain. This milestone highlights XRPL's growing role in inst...

Market News
Bullish
5 hours ago
XRP ETFs attracted $1.4B but XRP price fell 50% in a year despite growing institutional interest.

XRP ETFs attracted $1.4B but XRP price fell 50% in a year despite growing institutional interest.

Since late 2025, spot XRP ETFs have drawn over $1.4 billion in inflows, yet XRP's price dropped 52% over the past year. ETF holdings represent about 1.3% of XRP's circulating supply, which is significant but not enough to cause a major supply shock. ...

Market News
Bearish
5 hours ago
Bitcoin and Ether ETFs see $118M outflows as XRP and Solana ETFs attract fresh inflows

Bitcoin and Ether ETFs see $118M outflows as XRP and Solana ETFs attract fresh inflows

On June 9, Bitcoin ETFs experienced $77.44 million in outflows led by Blackrock’s IBIT, marking a third consecutive day of withdrawals. Ether ETFs also saw $40.85 million in outflows after a brief rebound, indicating uneven demand. In contrast, XRP a...

Market News
Neutral
5 hours ago
XRP trades near $1.11 amid oversold momentum and bearish signals, with key support at $1.10 and resistance at $1.26.

XRP trades near $1.11 amid oversold momentum and bearish signals, with key support at $1.10 and resistance at $1.26.

XRP's price hovered around $1.11 after a 4% drop in 24 hours and over 10% in a week, reflecting a bearish trend with lower highs and lows. On-chain data shows holders are realizing losses, and XRP Ledger activity has weakened, with transaction fees d...

Technical Signals
Bearish
7 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App