XRP Ledger's payment volume fell sharply by about 90% following an unusual spike to over 600 million XRP on August 7. This drop reflects a return to normal activity levels rather than a structural decline in network usage. XRP's price remains under pressure, trading around $1.036 and facing resistance at higher moving averages. Despite the volume drop, the network's usage pattern shows episodic spikes, so the recent decline is not a critical warning for XRP Ledger's health.
Spot Bitcoin ETFs experienced inflows totaling $853.54 million in the past week, marking the best weekly performance since April. BlackRock's IBIT led with $693.5 million, followed by Fidelity's FBTC with $116.5 million. Despite a recent hack causing...
Large XRP holders, known as whales, have purchased over 380 million XRP in a week to maintain the $1 price floor. This move follows a rare monthly buy signal from the Tom DeMark Sequential indicator, which historically predicted major XRP rallies. Th...
Polymarket assigns a 65% chance that Ripple's XRP will fall below $1, reflecting current weak momentum and rising leverage pressures. XRP has been consolidating around $1, but its performance against Ethereum is weakening, with XRP lagging behind ETH...
XRP is forecasted to remain stable above the $1 support level, with AI models predicting a slight dip to around $1.03 by mid-August. Technical analysis shows XRP is consolidating after recent selling pressure, trading below key moving averages and wi...
Bitcoin dominance remains steady at 56.6% over the weekend, with Bitcoin trading near $64,782 and Ethereum stable at $1,916. While altcoins like SOL and BNB posted small gains, overall market activity is muted, reflecting cautious sentiment among ret...
