Ripple's stablecoin RLUSD has surpassed a $2 billion market capitalization just two years after its December 2024 launch, with nearly half of its supply—close to 1 billion tokens—issued on the XRP Ledger. This milestone highlights RLUSD's rapid adoption driven by Ripple's focus on real-world utility and enterprise use cases, attracting both retail and institutional users. The growth coincides with a significant price surge in XRP, which rose nearly 50% in the same week, signaling increased momentum across the Ripple ecosystem. This expansion suggests Ripple's stablecoin and XRP are gaining strong market interest and could see further growth in payments and liquidity applications.
XRP's futures market is experiencing intense activity with both bulls and bears facing significant liquidations around the $1.43 to $1.60 price range. Binance traders are heavily leveraged, leading to over $13 million in liquidations in 24 hours, spl...
Rich, host of Common Sense Crypto, considers XRP trading above $3.40 a conservative estimate given upcoming regulatory decisions, tokenization growth, and potential ETF demand. He challenges market cap limits on XRP's price, emphasizing its role in p...
Ripple is urging the XRP Ledger community to withdraw the long-standing XChainBridge (XLS-38) amendment, which was designed to enable cross-chain bridging on the network. The company cites a lack of developer demand and the fact that Axelar's network...
21Shares has changed the pricing benchmark for its U.S. XRP exchange-traded fund (ETF) TOXR from the CME CF XRP-Dollar Reference Rate to the FTSE XRP Index, effective August 27. This change affects only the pricing methodology and does not alter the ...
Despite record $1.566 billion inflows into XRP ETFs, XRP's price has pulled back, showing a supply-demand imbalance and cautious investor sentiment. Institutional interest remains, but price fluctuations are driven by ETF flows, whale accumulation, a...
