Bill Morgan, a pro-XRP attorney, has called on Ripple to increase the monthly release of XRP tokens from its escrow, arguing that releasing more than the current one billion tokens each month and locking fewer back would help XRP reach full circulation sooner. Ripple currently unlocks one billion XRP monthly but often returns large unused amounts to escrow, making the final escrow end date uncertain and potentially extending it for nearly a decade. Morgan believes a faster release schedule would strengthen XRP's case as a hard money asset by removing the overhang of future unlocks. However, some traders worry that releasing more tokens could increase selling pressure if demand does not keep pace. Meanwhile, XRP trades in a tight range near $1.14, with Ripple's business growth continuing independently of XRP's market performance.
Binance has introduced an $800,000 XRP airdrop campaign for holders of Ripple's stablecoin RLUSD, offering weekly XRP rewards until August 14. To qualify, users must hold at least 0.01 RLUSD and meet a daily average trading volume of $500 in Margin o...
XRP broke a multi-month downtrend and surged to $1.12 following cooler-than-expected US Producer Price Index (PPI) data, which showed a 0.3% monthly decline and eased fears of tighter Federal Reserve policy. This led to a significant short squeeze wi...
XRP is showing a bullish falling wedge pattern, indicating weakening bearish momentum and a possible trend reversal. On-chain data supports this positive outlook, with more investors moving XRP to self-custody wallets, reducing sell pressure. XRP dom...
The Depository Trust & Clearing Corporation (DTCC) has officially started live production trading of tokenized Russell 1000 equities, major ETFs, and U.S. Treasuries, marking a major step for blockchain in institutional finance. This launch uses bloc...
Binance announced an $800,000 XRP airdrop with strict eligibility rules including full KYC verification and regional bans for residents of Canada, Japan, Iran, North Korea, and much of Europe due to regulatory compliance. Participants must hold at le...
