XRP has seen a significant drop in open interest (OI) from over $1 billion in May to around $773.5 million, indicating reduced trader activity and lower demand. Binance's XRP reserves also fell, suggesting less selling pressure but no strong buying interest. Whale activity remains low, reducing the risk of large sell-offs, but the elevated NVT ratio and declining market cap around $10.89 billion show network activity and demand are still weak. For XRP to recover, it needs stabilized OI, renewed capital inflows, and increased on-chain activity, as current conditions suggest limited support and no clear bullish reversal yet.
Cryptocurrency prices showed a general downward trend, with Bitcoin falling 1.5% to $64,076 and Ethereum down 2.5% to $1,874. Other major coins like Binance Coin and XRP also saw declines. Stablecoins remained steady around $1. This mixed market move...
After a sharp selloff and rebound, XRP has been trading in a very tight range between $1.008 and $1.05 for about 16 hours, showing little movement. This price compression suggests a standoff between buyers and sellers, with the next decisive break ab...
The U.S. Senate missed its chance to vote on the CLARITY Act before the August recess, making September critical for crypto regulation. If the CLARITY Act fails, the existing SEC-CFTC joint guidance from March 2026, which classifies XRP as a digital ...
XRP whale accumulation increased by 380 million tokens in one week, raising large-holder totals to 8.13 billion XRP. The price is currently near $1, with resistance at $1.06; a breakout above this level could target $1.35 and $1.64. Analyst Ali Marti...
Ripple minted 10 million RLUSD stablecoins on the XRP Ledger, increasing the stablecoin supply to about $1.53 billion, down from $1.7 billion in June. This issuance does not necessarily mean $10 million entered the market immediately, as RLUSD is man...
