Ripple USD (RLUSD) has reached a market capitalization of $1.64 billion, marking significant growth among dollar-backed stablecoins. This milestone reflects increased supply, adoption, and trading activity, including its recent launch on Gate.io, which broadens access and liquidity in the XRP ecosystem. RLUSD now controls about 98% of XRPL stablecoin liquidity and sees active daily transactions and transfer volumes, indicating strong utility beyond just issuance. Continued growth in wallet activity, exchange liquidity, and enterprise payments will be key to maintaining its market relevance and expanding its footprint beyond the XRP network.
Ripple's XRP fell 3.4% to around $1.17, breaking below the key $1.15 support level on high trading volumes. Large holders sold over 30 million XRP in five days, adding downward pressure. Institutional interest waned with no inflows into XRP ETFs and ...
Jito (JTO) token rose about 2% on Upbit, topping the platform's greed index with a score of 85, signaling concentrated liquidity and selective risk appetite in Korea's crypto market. Despite overall market volatility, Jito showed strong buying intere...
Wealthy crypto investors are concentrating their portfolios in major tokens like Bitcoin (82%), Ethereum (79%), and XRP (69%) due to their liquidity and market stability. Meanwhile, some smaller altcoins such as Helium and Contentos show extreme over...
Top crypto traders have increased their bullish futures positions on Solana, with the largest rise in long exposure seen in the dollar-margined market. Solana's long share jumped by 2.06 percentage points to 63.61%, signaling stronger near-term optim...
XRP fell 3.4% to about $1.15, breaking a crucial support level amid heavy trading volume, following another failed attempt to break above a descending trendline near $1.25. The drop signals continued bearish pressure as sellers dominated despite a la...
