XRP Ledger's daily active users surpassed 150,000, reaching about 157,200 on July 21, signaling strong network activity. Despite this, XRP's price remains range-bound near $1.13, struggling to break key resistance between $1.16 and $1.24, which is crucial for a sustained rally. Technical indicators show improving momentum but broader trend confirmation is pending, with the 50-day and 200-day moving averages still above price. A successful breakout above resistance could lead to a push toward $1.30, while failure may cause a pullback to around $1.08. The divergence between rising user activity and stagnant price highlights uncertainty in market momentum.
Ripple has made a strategic investment in Notabene to integrate its stablecoin, RLUSD, into Notabene's regulated institutional payment network, which processes over $2 trillion annually. This partnership aims to expand compliant stablecoin payments f...
Ripple has introduced Ripple Mint, a new platform designed for institutions to easily mint, redeem, and manage the U.S. dollar-backed stablecoin RLUSD. The platform offers both manual and automated stablecoin workflows, integrating RLUSD into existin...
Large XRP holders (whales) have been steadily accumulating XRP while smaller holders reduce their exposure, indicated by on-chain data showing increased balances in large wallets and decreased exchange reserves, especially on Binance. This suggests r...
U.S. institutional investors shifted capital into XRP spot ETFs, generating daily net inflows of $5.66 million. In contrast, Hyperliquid (HYPE) funds experienced outflows totaling $698,040 during the same period. This indicates a stronger investor pr...
Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty are pushing for the U.S. Senate to finalize the CLARITY Act before the upcoming recess. The bill aims to provide clear regulations for the digital asset market, enhancing consumer p...
