Ripple's head of product, Jazzi Cooper, emphasized XRP's potential as collateral in institutional credit, calling it a 'killer use case.' This is supported by new XRP Ledger amendments XLS-65 and XLS-66, which enable on-chain lending and pooled asset vaults. These protocols are designed to facilitate fixed-term, uncollateralized loans with off-chain credit assessments, marking a significant step toward institutional finance on XRPL. The upcoming Lending Protocol v1.1 update will enhance these features, reflecting growing institutional interest and partnerships like Ripple's collaboration with ClearPool for expanding lending on the XRP Ledger.
Tracked exchange wallets received 6.05 billion XRP in the 30 days ending Oct. 19, the largest inflow since March, doubling from mid-August levels. This increase in deposits coincided with XRP's price rising from about $1 to $1.70 before settling near...
Cryptocurrency analyst Crypto Captain predicts XRP will reach $210 before the end of 2026, despite its recent modest rally above the 2018 all-time high. This forecast is based on a macro megaphone pattern forming since early 2024 and strong instituti...
Wintermute, a leading crypto market maker, reports investors are moving capital from altcoins to Bitcoin as US inflation rises to 3.7%, causing tech stocks like Nasdaq to fall. Bitcoin is holding above $82,500 despite pressure, acting as a defensive ...
Evernorth, a Nasdaq-listed company holding about 473 million XRP valued around $615 million, has expanded its XRP treasury to over $1 billion by registering 11.5 million new Class A shares. The company plans to actively deploy part of its XRP holding...
An analyst surveyed 64 exchanges and 171 trading pairs, finding about 225 million XRP visibly offered for sale up to $5, despite roughly 22 billion XRP held in exchange wallets. The study highlights that many tokens in wallets are not actively for sa...
