XRP briefly overtook Bitcoin in trading volume on South Korea's largest crypto exchanges, Upbit and Bithumb, with a 273% surge reaching about $1.84 billion in daily trades. This spike reflects strong retail interest, possibly fueled by investors shifting funds from semiconductor stocks to XRP. The surge coincides with institutional developments involving Ripple and Korean banks, suggesting growing financial sector engagement. Observers caution that sustained volume and price premiums will be key to confirming long-term adoption beyond this short-term spike.
Most major cryptocurrencies saw price declines, including Bitcoin dropping 1.78% to $76,678 and Ethereum falling 3.26% to $2,378.53. Other tokens like XRP, Solana, and Zcash also experienced notable losses. A few coins showed slight gains, but overal...
XRP's price fell 2.29% to $1.33 due to broader crypto market weakness and geopolitical tensions raising inflation concerns. However, the upcoming Senate vote on the CLARITY Act, which aims to clarify digital asset regulations, could boost XRP by redu...
The XRP Ledger has reached a milestone of 3 billion cumulative transactions, highlighting its long-term use as a fast, low-cost payment network. Concurrently, Ripple released 1 billion XRP from escrow following its routine monthly schedule, a predict...
Japanese company Remixpoint sold all its altcoin holdings including XRP, Ethereum, Solana, and Dogecoin, realizing a net profit of ¥117 million. The firm shifted its entire crypto portfolio to Bitcoin, holding about 1,506 BTC, citing Bitcoin's stable...
On-chain data reveals that 500 million XRP tokens were withdrawn from Binance, reducing immediate sell-side liquidity. This trend aligns with previous XRP outflows from Binance, pushing its reserves to multi-year lows. The withdrawal suggests possibl...
