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. Spot trading also rose, especially on Binance and South Korean exchanges. The surge is linked to whale accumulation ahead of a key September vote and growing interest in XRP ETFs, which saw $18.96 million in inflows. Despite the volume spike, futures trading showed mixed bullish and bearish positions, indicating no clear market consensus.
Analyst Mino from TokenPost.ai set long-term price targets of $1,000 to $10,000 for XRP and $1,000 for Stellar Lumens (XLM). These targets are based on the idea that digital assets might shift from being speculative investments to being valued as ess...
The XRP Ledger has reached a record 8.24 million non-empty wallets, marking steady growth despite recent price fluctuations. On one day, 4,772 new wallets were created, the fifth-largest daily increase since March, signaling renewed user interest. An...
On October 22, Bitcoin dropped 3.61% to $81,394.33, while altcoins like Ether, XRP, and Solana fell even more sharply. Token group indexes such as Memecoin, Computing Select, and DeFi Select also saw larger declines. Despite these price drops, U.S. s...
XRP's price dipped amid broader crypto market pressure, with analyst Ellio Trades warning that XRP could lose its top cryptocurrency status if Ripple doesn't convert partnerships into real token demand. Competing networks are advancing in financial s...
On October 22, Bitcoin's perpetual-futures open interest fell by 5.82%, the largest decline among five major cryptocurrencies including Ether, Solana, XRP, and Dogecoin. Bitcoin's open interest stood at $7.62 billion with a negative funding rate, ind...
