XRP Ledger's payment volume has dropped sharply from over 1.3 billion XRP to just 40.5 million XRP in recent days, signaling a near-zero level of network payments. This decline is largely driven by the absence of large transfers from institutional or whale wallets, which typically cause high volatility in payment volume. Despite the steep drop, such fluctuations are common and do not necessarily indicate a long-term decline in network activity or XRP's market value. Recovery within 24 hours is possible if significant transfers resume, but investors should monitor the situation closely to determine if this is a temporary lull or a longer-term slowdown.
XRP traded just below $1, slipping 0.4% on Aug 18, despite a 280% surge in large whale transactions and rising derivatives activity on Binance. The price remains under pressure, failing to sustain a rebound above the key $1 level, which now acts as r...
Bitcoin climbed back above $64,000 after a dip below $63,000, yet the broader crypto market remains mixed with XRP and BNB falling and Bitcoin dominance rising to 58.8%. Spot Bitcoin ETFs experienced significant outflows last week, signaling reduced ...
Bitcoin climbed to around $64,262, up 1.2% in 24 hours, staying within its $60,000-$66,000 range amid mixed market moves. Venice Token led top 100 gainers with a 12.5% rise, while some altcoins like Worldcoin and Filecoin fell sharply. Bitcoin's mome...
XRP is trading near $1, defending a key support level despite recent bearish pressure and a 280% spike in large transactions over $1 million, signaling possible institutional accumulation. The SEC is exploring moving U.S. equities onto blockchain for...
Jeonbuk Bank, a regional South Korean bank, has partnered with Ripple to implement Ripple Payments technology, enabling near real-time international business transfers. This replaces the traditional multi-day SWIFT system, allowing transactions to pr...
