A market analyst labeled XRP as one of the biggest alleged scams in crypto, criticizing its $83 billion valuation and accusing Ripple of inflating its price through industry influence and celebrity endorsements. Despite these claims, XRP's network activity surged with over 4,300 new wallets in 24 hours, marking one of the largest growth spikes in 2026. However, XRP's price remains under pressure, down over 27% year-to-date and trading significantly below its all-time high. This controversy highlights ongoing debates about XRP's legitimacy and future in the crypto market.
The XRP Ledger (XRPL) has climbed from the top 10 to fourth place on the RWA.xyz league table, marking its growth as a key platform for real-world asset (RWA) tokenization. This rise reflects a shift in traditional finance towards onchain solutions, ...
Bitcoin ETFs experienced a $100.82 million outflow, led by Blackrock's IBIT with a five-day losing streak, while Ether ETFs saw $32.58 million withdrawn over nine days, mainly from Blackrock's ETHA. In contrast, XRP ETFs gained $8.88 million, led by ...
Ripple minted $200 million worth of RLUSD on the XRP Ledger on May 20, marking the largest single mint in the network's history. On the same day, it burned $100 million worth of RLUSD on Ethereum, reducing supply there. This activity caused RLUSD sup...
XRP's price fell by 8%, but large investors known as whales purchased 71 million tokens within 10 hours. This activity suggests that despite the price decline, significant players see value or potential in XRP. Such buying could influence future pric...
XRP investment products have attracted about $42 million in net inflows over one week, while Bitcoin ETFs and Ethereum products face significant outflows. This shift coincides with a sharp rise in XRP wallet creations, suggesting renewed investor int...
