XRP is maintaining support around $1.40 amid Ripple's escrow supply adjustments, where 1 billion XRP was unlocked but 700 million re-locked, limiting new circulating supply. This controlled supply release, combined with rising institutional interest and product developments like Evernorth's XRP treasury model, has increased trading volume and speculative activity. Analysts watch for a breakout above $1.45, which could trigger a sharp price rise, though caution remains due to potential false starts and medium-term volatility. XRP's near-term momentum depends on continued supply discipline, institutional demand, and broader market conditions.
SWIFT has introduced a blockchain-based shared ledger, entering pilot testing with 17 major global banks to enhance 24/7 tokenized cross-border payments. The platform improves payment coordination, liquidity management, and asset recognition but does...
Tom Zschach, former SWIFT Chief Innovation Officer, has denied rumors that SWIFT plans to integrate or support XRP in its global financial messaging network. While SWIFT is developing a blockchain-based payment system focusing on tokenized bank depos...
XRP has seen a significant drop in open interest (OI) from over $1 billion in May to around $773.5 million, indicating reduced trader activity and lower demand. Binance's XRP reserves also fell, suggesting less selling pressure but no strong buying i...
XRP surged past the $1.10 resistance level, gaining 1.8% to reach $1.1065 on increased trading volume, signaling renewed retail interest as futures open interest rose to 2.14 billion XRP. Despite this, institutional investors remain cautious, with sp...
Tom Zschach, former Chief Innovation Officer at SWIFT, has firmly denied rumors that SWIFT plans to integrate or support the Ripple-linked cryptocurrency XRP. The speculation arose from claims that SWIFT would collaborate with public tokens like XRP ...
