XRP's stablecoin liquidity on the XRPL surged to a record $750 million in Q2, with RLUSD accounting for 93% of this liquidity and growing rapidly. This growth is driving increased on-chain activity and expanding DeFi market presence. Despite a 27% price drop in Q1 amid risk-off conditions, XRP has outperformed Ethereum, with the XRP/ETH ratio rising over 5% in Q2. This momentum reflects a shift toward utility and regulatory clarity, suggesting XRP's growing strength in the DeFi ecosystem and potential for continued gains against Ethereum.
Bitcoin ETFs experienced a tenth consecutive day of outflows, losing $125.3 million, led by Blackrock's IBIT fund. Ether ETFs also extended their outflow streak to 14 days, with a net outflow of $17.9 million despite some funds like Fidelity's FETH a...
XRP's price rose 2.8% to $1.34 with over $2.15 billion in trading volume, showing early signs of a market reversal. A declining Binance Exchange Supply Ratio indicates investors are moving XRP off exchanges, reducing immediate selling pressure. Addit...
SBI Remit has processed over $15 billion in international money transfers, leveraging Ripple's XRP-powered blockchain technology to enable faster, cheaper cross-border payments. This milestone highlights the growing real-world use of digital assets i...
XRP's recent price recovery is driven by the liquidation of most major leveraged long positions accumulated in May, which has cleaned the market structure and removed downside liquidity traps. Technical indicators like MACD and RSI are turning bullis...
XRP is shifting from a simple bridge asset to a core utility token within the institutional DeFi ecosystem on the XRP Ledger (XRPL), driven by protocol upgrades like native lending and growing institutional adoption. This evolution expands XRP's role...
