XRP futures trading volume surged to a six-month high, reaching $11.37 billion on August 22, coinciding with a price rebound to around $1.40–$1.42 and increased exchange withdrawals. This heightened activity across major exchanges suggests growing market interest and optimism about XRP potentially reaching a new all-time high by the end of 2026. Key factors to watch include potential XRP ETF approvals, institutional investments, and macroeconomic influences like Bitcoin price and U.S. interest rates. Market participants are also monitoring Ripple's CEO and U.S. SEC actions for further market insights.
XRP futures trading volume surged to $64.6 billion in August, the highest since February, driven by a nearly 30% price increase from $1.06 to $1.50. Binance led the derivatives market with $37 billion in futures volume, followed by Bybit and OKX. Spo...
XRP's open interest in derivatives has recovered sharply after a late-August drop, reaching around $244 million on Binance by September 6. However, aggressive selling continues in both perpetual futures and spot markets, indicated by a negative cumul...
The XRP Ledger is close to activating the BatchV1_1 amendment, a significant upgrade that allows developers to bundle up to eight transactions into one. This feature, pending approval by over 80% of validators for two weeks, will simplify app develop...
On September 6, Ripple shifted 1,363,614.85 RLUSD (about $1.36 million) from the XRP Ledger to Ethereum by burning the tokens on XRPL and minting the same amount on Ethereum seconds later. This cross-chain supply transfer rebalanced liquidity without...
The XRP Ledger has surpassed 8 million funded accounts, lowering the XRP amount needed to rank in the top 10% of holders to around 3,333 XRP. This shift is due to the growing number of wallets, many holding small amounts, which dilutes the threshold ...
