XRP Ledger transactions fell sharply by about 44% from 2.81 million on August 5 to 1.57 million on August 9, indicating a slowdown in network activity as XRP trades near $1. This decline follows a brief surge in transactions and coincides with XRP's price dropping from around $1.06 to $1.02. Analysts highlight the $1.06 resistance level as key, with a monthly close above it potentially boosting XRP toward $1.35 and $1.64. Despite a slight price gain recently, XRP remains under technical pressure below key moving averages, signaling cautious market sentiment.
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...
The International Monetary Fund (IMF) has emphasized that tokenization could fundamentally change financial markets by enabling assets and payments to operate on shared digital infrastructure. The XRP Ledger (XRPL) is noted for its suitability in thi...
Ripple minted $10 million in RLUSD stablecoins on the XRP Ledger, signaling a strategic focus on B2B corporate payments rather than mass retail markets. Meanwhile, XRP whales have been actively moving and accumulating over 380 million XRP, defending ...
XRP fell about 5% last week to around $1.03, underperforming as Bitcoin, Ethereum, and Solana gained 1-4%. The overall crypto market cap grew 1.4% to $2.19 trillion. XRP ETF inflows plunged 93% to $1 million, reflecting investor caution amid postpone...
