The XRP Ledger experienced a sharp 96.88% drop in Real World Asset (RWA) transfer volume over the past 30 days, falling from $581.5 million to $18.15 million. Despite this, the number of RWA holders increased by 23% to 197, indicating ongoing token issuance amid declining trading activity. The decline in RWA volume coincided with a 4.42% drop in XRP price and a decrease in daily transactions, showing a close link between network activity and token price. This suggests reduced institutional issuance may be impacting trading volumes and XRP's market performance.
XRP's price has fallen about 49% from a year ago, trading near $1.50, even as the XRP Ledger (XRPL) has processed over $1 trillion in value and billions of transactions. The network is expanding beyond payments, with institutions using it for tokeniz...
XRP futures trading volume surged in September, reaching a six-month high with $32.36 billion on Binance alone, indicating strong interest and liquidity in XRP derivatives. This surge suggests market optimism about XRP potentially reaching an all-tim...
XRP is trading near $1.50 but faces short-term downside risk of about 13%, potentially falling to $1.30 due to a descending triangle pattern on its chart. This technical setup suggests a correction before any bullish rally, despite the positive impac...
XRP's price remains stable above $1.50, rising 1% with a 33.7% increase in 24-hour trading volume to $1.51 billion. Ripple released 1 billion XRP tokens from escrow on October 1, worth about $1.49 billion, as part of its regular schedule. Ripple also...
Ripple is strengthening its presence in Turkey, now ranked fifth globally in crypto adoption, by fully deploying its custody services with Garanti BBVA Kripto and launching its RLUSD stablecoin on local platforms BiLira, Bitlo, and Bitexen. Turkey's ...
