The XRP Ledger has successfully upgraded to version 3.1.3 on the mainnet, activating the fixCleanup amendment that addresses critical fixes for NFTs, Permissioned Domains, Vaults, and the Lending Protocol. This upgrade ensures long-term network stability and efficiency, with 67% of nodes already updated, while nodes running older versions are now blocked from consensus. The upgrade was automatically approved due to its critical nature, requiring no manual voting. Meanwhile, XRP's price has slightly dropped to $1.33 amid broader crypto market selloffs, but increased trading volume and institutional inflows suggest potential buying opportunities.
Daily payment transactions on the XRP Ledger have surged back above the key 1 million mark after a dip in mid-May, indicating robust on-chain activity despite XRP's price remaining in a downtrend. This rebound suggests continued user engagement and l...
Charles Hoskinson, founder of Cardano, has praised the XRP ecosystem's decentralized finance (DeFi) potential, suggesting it could grow faster than Ethereum's DeFi by 2027. He highlighted XRP's role as a Web2.5 bridge asset, optimized for payments an...
On May 26, US spot Bitcoin ETFs experienced a significant outflow of $334 million, equivalent to about 4,400 BTC, continuing a trend of heavy redemptions in mid-to-late May. Ethereum spot ETFs also faced a $35 million net outflow, marking over 10 con...
XRP's average trader returns have dropped to their lowest point in six years, with a 30-day MVRV ratio indicating deep undervaluation and traders down about 47%. Historically, such extreme negative readings often occur near market bottoms, suggesting...
The crypto market continued its decline with total capitalization dropping 1.5% to $2.53 trillion and Bitcoin falling nearly 3% to around $75,000. This selloff is driven by macroeconomic uncertainty, significant outflows from Bitcoin and Ethereum ETF...
