RippleX's Head of Product, Jazzi Cooper, highlighted XRP as a promising collateral asset for institutional credit using the XRP Ledger's lending architecture (XLS-65 and XLS-66). This approach would allow institutions to borrow stablecoins like RLUSD without selling XRP, similar to traditional collateral transformation. However, the lending protocols are still under development and require governance approval before full implementation. The system currently lacks automated collateral liquidation, meaning additional risk management structures are needed for XRP-backed loans. This development could make XRP a productive asset on institutional balance sheets rather than just a tradable token.
Analyst Dana Love's review of Evernorth's SEC filings reveals the company holds about 6.07 XRP per share, not the 15 XRP per share suggested by a popular tracker. This recalculation shows Evernorth shares trade at roughly 1.87 times the value of thei...
XRP price hovered near $1.32 on October 23, unable to recover from its October losses despite $3.55 million inflows into U.S. spot XRP ETFs and a record 8.24 million XRP Ledger wallets. Selling pressure persists as XRP lost about 18% in the past mont...
Crypto analyst Ali Martinez set an immediate target of $1.55 for XRP, just above the current resistance level of $1.45 during its rebound from $1.30. He noted that a sustained close above $1.56 could open the way for XRP to reach $2. Martinez also hi...
XRP, a popular digital asset, was priced at $1.32 as of early Friday morning, showing a slight decrease of 0.65% over the previous 24 hours. This minor drop indicates a small market fluctuation but no major trend change. Investors should watch for fu...
On October 21, XRP's 100-day moving average crossed above its 200-day average, a technical event often seen as a bullish signal. However, this crossover is mainly due to a base effect from shifting price data, not fresh buying demand, as XRP's price ...
