XRP experienced an extraordinary 10,535% liquidation imbalance within an hour as its price dropped to $1.38 during a Labor Day liquidity dip. This was caused by a cascade of forced margin calls, with long positions being liquidated far more than short positions. The price has since rebounded to around $1.3892, showing signs of recovery and forming a reversal pattern. The event highlights the risks of overcrowded leveraged positions near critical price levels, but the market is now testing resistance at $1.4010 for a potential bullish breakout.
XRP funds in the US have attracted inflows for thirteen consecutive weeks, totaling about $1.80 billion since launch, even as XRP's price dropped 9% over the past week to $1.38. Despite inflows, fund assets declined from $1.66 billion to $1.57 billio...
XRP's trading volume on Binance fell sharply by 79% from October 8 to 10, dropping from $252.45 million to $54.12 million, even as its price recovered slightly by 1.6%. This volume decline followed a major liquidation event where over $40 million in ...
Standard Chartered's Dubai branch now provides regulated institutional custody for Ripple's RLUSD stablecoin on the XRP Ledger, allowing eligible clients to hold the dollar-pegged stablecoin securely. The bank is collaborating with Ripple and LMAX Gr...
In October 2026, AI agents on the XRP Ledger processed 13.9 million transactions across 196 merchants, marking a significant milestone in on-chain activity. However, despite the high volume, the total value of these AI-assisted payments remains relat...
Evernorth has appointed Hugo Jeandesboz, former co-chief investment officer at Coinbase Asset Management, to oversee its $672 million XRP treasury. This move comes after Evernorth completed a SPAC merger and plans to list on Nasdaq. Jeandesboz will s...
