Upbit, South Korea's largest crypto exchange, listed Ripple's RLUSD stablecoin across three trading pairs, boosting XRP's exposure in the country where Upbit commands 70% of crypto trading volume. XRP's liquidity in the Korean won market is now one of Asia's deepest, supporting direct local currency trades rather than stablecoin intermediaries. Despite this growth, XRP's price dropped nearly 5% to $1.055 amid broader crypto market declines influenced by geopolitical tensions and expectations of a Fed rate hike. Technical indicators show bearish signals, with large investors selling XRP, suggesting cautious sentiment despite the expanded market presence in South Korea.
The XRP Ledger's price oracle now includes market data for Ripple's RLUSD and the euro-based EUROP stablecoins, alongside major cryptocurrencies like XRP, Bitcoin, and Ethereum. This expansion supports blockchain financial applications and Ripple's g...
XRP price held around $1.25 on November 3, showing stability despite a 16.5% drop over the past month and subdued institutional demand, with U.S. spot XRP ETFs seeing net outflows. Network activity grew, with nearly 8,000 new wallets created, possibl...
Following the Binance hack that saw $6.36 billion stolen, including 233 million XRP tokens, XRP investors responded by creating nearly 8,000 new wallets in 24 hours, more than doubling the usual daily average. This surge reflects a shift toward self-...
Options data from Coinbase Markets on Nov. 1 indicates that XRP and Solana have the highest implied volatility among four major crypto assets, each at 8.7% for the period through Nov. 8. This figure estimates potential price movement in either direct...
Ripple returned 700 million XRP to escrow in three transactions shortly after releasing 1 billion tokens worth about $1.25 billion, leaving 300 million XRP unlocked outside escrow. The re-locking extends token lockups until mid-2029, reducing uncerta...
