The XRP Ledger (XRPL) saw its stablecoin market capitalization rise by 21.40% over the past 30 days, reaching $1.09 billion as of September 7. This growth was accompanied by a 33.61% increase in stablecoin holders and a 23.87% rise in 30-day stablecoin transfer volume to $5.28 billion. The surge in stablecoin use has driven a 19.04% increase in active XRPL addresses, contributing to a 34% price jump in XRP over the same period. Continued demand for XRPL stablecoins could support further bullish momentum in XRP's price.
XRP saw a surge in futures trading volume in late August, with leveraged traders dominating spot traders. Open Interest has decreased to around $3 billion, and liquidations have compressed, indicating a consolidation phase with lower leverage. XRP is...
Senator Cynthia Lummis warned that failure to pass the Clarity Act this term could delay meaningful cryptocurrency market legislation until 2030, impacting investment and regulatory clarity. Meanwhile, XRP maintains a stable price around $1.40 suppor...
XRP is showing signs of a strong bullish trend, trading near $1.40 after bouncing from $1.00 in August. While short-term targets focus on $1.50 to $1.70, analyst EGRAG projects a long-term surge to $6.19-$8.07 based on Elliott Wave and Fibonacci anal...
XRP's derivatives trading volume surged to $11.37 billion on August 22, the highest since February, coinciding with a 57% price rebound from about $0.90 in mid-August to $1.41 by September 7. This increase in futures activity and leverage, especially...
Ripple has moved 1,363,614.85 RLUSD stablecoins from the XRP Ledger to the Ethereum blockchain by burning the tokens on XRP and minting the same amount on Ethereum. This cross-chain repositioning likely aims to expand RLUSD liquidity across supported...
