XRP's price is testing the critical $1 support level after the U.S. Senate postponed the vote on the CLARITY Act, which was expected to provide clearer regulatory guidelines benefiting digital assets like XRP. This delay, combined with a stronger U.S. dollar and rising Treasury yields, has increased selling pressure and weakened risk appetite in the crypto market. Despite positive ecosystem developments such as EU regulatory approval and reduced exchange-held XRP supply, traders remain cautious, focusing on near-term demand and awaiting the rescheduled Senate vote in September for clearer regulatory direction. XRP faces potential further downside if it decisively breaks below $1, with the next support around $0.90.
XRPL Labs announced that its RPC nodes can now process 30,000 messages per second, a major upgrade from the usual 1,500 transactions per second on the XRP Ledger mainnet. This improvement highlights ongoing efforts to enhance the network's speed and ...
Crypto analyst Dark Defender suggests XRP's price pattern resembles those before its major rallies in 2014 and 2017, indicating it might be ready for a significant move soon. This setup appears independent of the upcoming Sept. 15 Senate vote on the ...
Crypto analyst Dark Defender highlights that XRP's price pattern mirrors setups from 2014 and 2017, which preceded significant rallies. This suggests XRP could be primed for a major move regardless of the upcoming Sept. 15 Senate vote on the CLARITY ...
XRP experienced a 14% decline in open interest, falling from $558 million to $478 million, following $14.2 million in two-way liquidations that affected both long and short traders. Funding rates turned negative, ending a 14-session streak of positiv...
On September 6, the open interest in altcoins exceeded that of Bitcoin for the first time since December 2024, driven by increased leverage in Zcash, XRP, and Solana. Despite this shift, Bitcoin still holds about 37% of the open interest in perpetual...
