Ripple's stablecoin RLUSD has reached a new milestone by becoming the ninth largest stablecoin worldwide, surpassing $1.64 billion in market capitalization. This growth comes amid a bullish shift in the crypto market, with RLUSD's trading volume surging over 72% in 24 hours. The stablecoin's rise is supported by strong legal backing from the New York State Department of Financial Services, enhancing its regulatory credibility. RLUSD is gaining traction as a preferred payment method for cross-border transactions and institutional use, driven by Ripple's partnerships and developments.
XRP rose nearly 10% to trade above $1.24, driven by strong buying momentum that forced $7 million in liquidations, mostly from short sellers. The rally reflects renewed confidence in Ripple's expanding ecosystem and improving global market conditions...
Evernorth CEO Asheesh Birla highlighted XRP's main advantage as its strong financial and regulatory connections built by Ripple over years. He emphasized that successful blockchain adoption requires not just technology but also real-world financial l...
The crypto market shows signs of recovery with Bitcoin reclaiming $65,800 after whales defended the $60,000-$61,500 support zone by moving 11,400 BTC to cold storage, creating a supply shortage that pushed prices up. XRP is approaching a technical br...
A new decentralized exchange (DEX) model on Solana called Mato uses a continuous clearing auction to reduce front-running and order sequencing issues. However, former Ripple developer Matt Hamilton highlighted that the XRP Ledger (XRPL) solved simila...
XRP is approaching a breakout level at $1.20, driven by increased inflows on the Upbit exchange. These inflows are at their highest share since May 2024, indicating growing investor demand. This surge could lead to further price gains if buying momen...
