Following the largest-ever $6.3 billion hack of Binance, XRP's trading volume surged 120% to $4.73 billion, yet its price fell 2.6% to $1.25. The broader crypto market also declined sharply, wiping out $130 billion in value as Bitcoin and Ethereum dropped. The hack triggered massive liquidations, including $36.7 million in XRP positions, intensifying selling pressure. XRP's near-term outlook depends on holding the $1.25 support amid ongoing market uncertainty and leveraged sell-offs.
As of Oct 30, 2026 17:41 WIB, XRP on Pluang trades at Rp22.800 with a 1-day decline of 2.85%, closely mirroring the reported price drop. The 24-hour trading volume stands at Rp85,52 trillion, indicating strong activity though less than the article's $4.73 billion figure. Bitcoin and Ethereum also show declines on Pluang, with BTC down 3.26% at Rp1.409.702.634 and ETH down 3.60% at Rp40.714.643, highlighting broad market weakness. Notably, XRP's market cap on Pluang remains substantial at Rp1.442,04 trillion.
On October 29, 2026, altcoin spot ETFs showed mixed net flows: XRP, HYPE, and ZEC ETFs recorded inflows, while Solana (SOL) ETFs experienced significant outflows. XRP spot ETFs attracted $8.43 million, led by Franklin XRPZ and Bitwise XRP funds. Mean...
XRP Ledger developers have proposed an upgrade called fixCleanup3_5_0 to close loopholes allowing restricted tokens to reach unapproved accounts. The amendment targets trust-line management, AMM pools, and transaction checks to ensure issuer approval...
Ripple CEO Brad Garlinghouse explained that Ripple uses XRP as a bridge asset between currency pairs to avoid converting payments through U.S. dollars, which can reduce costs. He noted that about half of Ripple's U.S. dollar-backed stablecoin, RLUSD,...
Moody's assigned investment-grade A2 long-term and P-1 short-term ratings to Ripple's RLUSD stablecoin, which has a market cap over $2.5 billion. The stablecoin is backed by short-term US Treasury securities and aims for 103% reserve coverage, with r...
Ripple Payments has helped Water.org reduce international transaction fees by up to 66%, enabling faster same-day settlements in Mexico and Brazil. The nonprofit has transferred over $3.2 million across four markets using Ripple's blockchain infrastr...
