XRP is facing bearish sentiment as traders on the Kalshi prediction market bet on a retest of its multi-month low around $1 this August. Despite brief price recoveries, XRP has struggled with prolonged volatility and a recent price decline has shaken short-term confidence. However, some analysts note a slight price gain recently, suggesting potential exhaustion of the downtrend. The outcome depends on whether XRP can maintain positive momentum to counteract bearish bets.
On September 8, XRP spot ETFs attracted approximately $1.55 million in net inflows, making it the only cryptocurrency ETF to record daily gains. In contrast, ETFs for Bitcoin, Ethereum, Solana, and Hyperliquid experienced net withdrawals on the same ...
The XRP Ledger (XRPL) is set to release Lending Protocol v1.1 with version 3.4.0 next week, improving its native lending infrastructure even before the original lending amendments have reached the required validator activation threshold. This upgrade...
The U.S. Senate is set for a procedural vote on the revised 630-page CLARITY Act on September 15, which includes new rules for DeFi protocols and digital-asset activities by credit unions. The bill aims to establish a federal framework for crypto mar...
The XRP Ledger recorded a 26% increase in payment volume, moving nearly 463 million XRP worth over $620 million at current prices. However, this surge contrasts with a 22.4% drop in active users and only slight growth in new accounts, suggesting the ...
XRP fell 3.24% to around $1.35, slipping below the key $1.40 support level amid market uncertainty ahead of US inflation data. Analyst Ali Martinez suggests XRP could reach $60 if it closes a monthly candle above $3.66, a significant rise from curren...
