XRP is trading near its 52-week low around $1.05 despite $1.43 billion in institutional inflows into XRP ETFs, reflecting short-term price weakness. Ripple is expanding its RLUSD stablecoin into Japan and Europe, gaining regulatory approvals that could boost cross-border payments. The $1.04–$1.06 price range is a critical support level; a break below could trigger more selling. Long-term XRP outlooks vary widely, hinging on regulatory clarity and adoption of Ripple’s payment ecosystem.
On October 10, futures data showed a significant drop in long-position shares for XRP and Bitcoin in coin-margined contracts, with XRP falling 13 percentage points to 65.97% and Bitcoin down 9.30 points to 65.41%. This decline suggests a more cautiou...
On October 9, Solana (SOL) recorded the highest funding rate among major cryptocurrencies at 0.0100% every eight hours, annualizing to 10.9%. This occurred even as its open interest decreased by 2.65% to $925.6 million, with traders mostly holding lo...
The Korean crypto market showed strong activity with Bitcoin rising slightly to 112.9 million won and a 73% advance ratio among major tokens. Talus on Bithumb surged 106.6%, leading gains alongside Magic and Basic Attention Token, while some tokens l...
Bitcoin increased by 0.98% to $82,522, while the total cryptocurrency market capitalization dropped 2.03% to $2.79 trillion. Major coins showed mixed performance: Ether rose 0.46%, XRP gained 1.01%, and BNB increased 0.94%, but Solana declined 0.57%....
The XRP Ledger (XRPL) has officially activated its Batch feature on the mainnet, supported by 30 of 35 validators, allowing users to bundle between two and eight transactions into one operation. This feature offers four execution modes, including an ...
