An XRP Ledger validator explained that XRP is more than just a market asset; it actively supports the ledger by facilitating token trades through its decentralized exchange and covering transaction fees and account reserves. XRP acts as a native asset and an intermediary in trades, often providing better pricing routes than direct token swaps. Unlike issued tokens, XRP is not dependent on an issuer and cannot be frozen at the protocol level, highlighting its unique role in the network. The focus is on building a useful ledger that attracts users and businesses, with XRP's broader adoption expected to influence its market value.
The story about XRP's extended role beyond its market price is presented here with a snapshot of major cryptocurrency movements on Pluang. For readers following the broader crypto market, as of Oct 24, 2026 09:02 WIB, 14 of 50 major cryptocurrencies rose while 35 fell. Among notable movers, EGLD trades at Rp62.388 with a strong sell bias of 91%, contrasting with FIL at Rp17.106 which sees more buying interest at 58%, and ATOM at Rp30.543 with a balanced sell majority of 54%.
The IRYS token saw a dramatic price surge, climbing above $0.32 before dropping back to around $0.10, marking a 24-hour gain of over 280%. Meanwhile, its perpetual contracts soared even higher, briefly exceeding $0.50 with gains over 780% within four...
Zcash (ZEC) experienced a 3.87% price decline over four hours, falling to $1,180 on Binance's spot market. Its 24-hour drop was 3.05%, with the price decreasing from $1,228 four hours earlier. Liquidation data from Binance, Bybit, and OKX showed $10,...
Bitcoin remained stable amid market volatility, supported by recovering demand and improved U.S. equity sentiment. U.S. housing data weakened in September, with declines in housing starts and pending home sales. Market odds favor a December Federal R...
Ethereum's mainnet generated $2.16 million in revenue over the past seven days, marking an 18% decline from the previous week but still the highest among six blockchain networks. Other networks also saw declines: Base fell 3.3% to $550,000, Polygon P...
A social media post claimed that an unnamed former PayPal president advised buying Bitcoin, citing a rumor that scientists can turn mercury into gold. The post argued that gold's scarcity might be challenged if mercury-to-gold conversion is possible,...
