Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

XRP rises 3-4% as Ripple's escrow unlock meets whale accumulation and XRPL DeFi plans boost optimism

Market News
02 Jul 2026
Tokenpost
View Source
Bullish
pluang ai news

XRP price rose about 3-4% intraday to around $1.08-$1.10 following Ripple's July escrow release of 1 billion XRP, though 70% was re-escrowed, limiting net supply impact. Large withdrawals from exchanges like Binance and Coinbase signaled whale accumulation, reducing sell-side liquidity and supporting price. Additionally, Ripple's proposed XRPL Lending Protocol aims to enhance institutional DeFi use, adding bullish sentiment. Despite the rally, XRP remains below key technical resistance levels, with traders watching regulatory developments and technical support zones for further direction.

More News (XRP)

XRP whales increase holdings amid market dip, signaling potential price rebound and higher volatility.

XRP whales increase holdings amid market dip, signaling potential price rebound and higher volatility.

Large XRP holders, or whales, are capitalizing on recent price drops by accumulating more tokens, while smaller investors panic sell. On-chain data shows a growing concentration of XRP in whale wallets and increased withdrawals from exchanges to priv...

Technical Signals
Bullish
11 hours ago
Cryptocurrency prices show mixed movements with Bitcoin up 2.5% and Ethereum rising 4.56%.

Cryptocurrency prices show mixed movements with Bitcoin up 2.5% and Ethereum rising 4.56%.

Cryptocurrency markets experienced varied price changes, with Bitcoin increasing by 2.5% to $61,637 and Ethereum gaining 4.56% to $1,694.92. Other notable gains include ZEC up 6.28%, UNI surging 16.53%, and M rising 44.40%. These fluctuations reflect...

Market News
Bullish
12 hours ago
RLUSD stablecoin supply on XRP Ledger surpasses 51%, boosting trading volume and network activity.

RLUSD stablecoin supply on XRP Ledger surpasses 51%, boosting trading volume and network activity.

The supply of RLUSD stablecoin on the XRP Ledger has surged to over 51% of its total circulation, up from 17% in April 2025. This shift highlights growing adoption of RLUSD on the XRP network, which now serves as the main hub for its liquidity and tr...

Protocol Fundamentals
Bullish
13 hours ago
RLUSD stablecoin volume on XRP Ledger jumps 40-fold in six months, now over half of total supply.

RLUSD stablecoin volume on XRP Ledger jumps 40-fold in six months, now over half of total supply.

Ripple's dollar-pegged stablecoin RLUSD has rapidly migrated to the XRP Ledger, with on-chain volume increasing 40 times in the past six months. Previously, most RLUSD was on Ethereum, but now over 52% of RLUSD supply is on XRP Ledger, marking a majo...

Protocol Fundamentals
Bullish
13 hours ago
XRP price surge pushes short sellers close to max pain liquidation level above $1.3

XRP price surge pushes short sellers close to max pain liquidation level above $1.3

XRP's recent price breakout has triggered a significant market squeeze, forcing short sellers to close leveraged positions worth millions. The price rise to around $1.08 has brought short sellers within 20% of the critical max pain level at $1.30953,...

Technical Signals
Bullish
14 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App