Transfer volume of the stablecoin RLUSD on the XRP Ledger surged to $20.1 billion in October, a significant increase from $2.2 billion in January. This rise in transfer volume does not indicate the number of users or increased demand for XRP itself, nor does it explain XRP's price decline. Earlier data showed most RLUSD payments were under one unit, and other issuers can use the RLUSD code, complicating direct comparisons. The growth coincides with Cross River's limited integration of RLUSD for fintech clients, potentially boosting usage.
XRP trades at Rp19.724 on Pluang, down 6.02% over the past day as of Nov 09, 2026 16:31 WIB. Despite the surge in RLUSD transfer volume on the XRP Ledger to $20.1 billion in October, XRP’s price has declined, and Pluang data shows a 38% sell order activity against 62% buy. The typical hold time for XRP on Pluang is 73 days, indicating moderate investor patience amid these market movements.
Between Nov. 1 and Nov. 8, XRP's circulating supply increased by over 165 million tokens, reaching approximately 63.5 billion. At a price of $1.1105 on Nov. 8, XRP's market capitalization was $70.53 billion. Hypothetical price scenarios show that if ...
XRP is approaching a critical support level around $1.14 within a descending channel, suggesting a possible rebound to $1.30 if this support holds. Large holders, or whales, have been accumulating over 16 million XRP tokens despite recent price decli...
On November 7, Dogecoin was the only one among five major cryptocurrencies to have a negative perpetual-futures funding rate, indicating traders holding long positions were paid by those holding shorts. Meanwhile, open interest—the total value of out...
A federal judge upheld a $125 million civil penalty against Ripple Labs for unregistered direct XRP sales to institutions, distinguishing these from XRP sales on exchanges. The judge ruled that institutional buyers expected profits linked to Ripple's...
Crypto analyst ChartNerd questioned Dom Kwok's bold prediction that XRP will reach $1,000 by 2030, asking if the target was still valid and how it was calculated. Kwok responded that convincing skeptics was not his responsibility and did not provide ...
