The XRP Ledger has recorded a key reversal in its average number of transactions per ledger, rising to nearly 60 after months of decline. This increase indicates a fundamental improvement in network usage, reflecting more user and application engagement within the XRP ecosystem. Although XRP's price is currently facing resistance around $1.10-$1.13 and remains below major moving averages, the stabilization of on-chain activity alongside technical indicators suggests a possible upcoming recovery. However, momentum remains moderate and a breakout above resistance is needed to confirm a stronger upward trend.
During the week of July 13-17, U.S.-listed ether spot ETFs attracted $105.44 million, surpassing bitcoin ETFs which saw $75.67 million in net inflows. Bitcoin ETFs recovered strongly after a $425 million outflow on Monday, driven mainly by Blackrock'...
Ethereum-focused spot ETFs attracted $105 million in net inflows, outpacing Bitcoin's $75 million, signaling renewed institutional interest in altcoins. This inflow follows a period of heavy outflows that had dampened market sentiment, especially for...
The US Senate is approaching a crucial vote on the CLARITY Act, which aims to clearly define digital assets and separate commodities from securities. This legislation would give the Commodity Futures Trading Commission (CFTC) oversight of decentraliz...
Ripple (XRP) whales have accumulated an additional 70 million tokens, with Binance traders mostly holding long positions. Despite this, XRP struggles to break above the $1.20 resistance zone, facing significant short-term selling pressure. Derivative...
On-chain data reveals a significant reduction in XRP reserves on major centralized exchanges like Binance, Bybit, and especially Coinbase, where withdrawals are accelerating. This shrinking supply, combined with heavy accumulation by large holders, s...
