XRP traded steadily near $1.09, supported by modest institutional inflows via ETFs despite declining retail interest and mixed derivatives data. The key resistance level at $1.12 could trigger momentum if broken, but failure to surpass it may lead to a pullback toward $0.90. Whale accumulation and reduced exchange balances suggest some buying pressure, yet retail engagement remains low. The market awaits sustained ETF inflows, continued whale buying, and a retail rebound to confirm a stronger upward move.
The XRP Ledger's stablecoin supply surpassed $1.03 billion in Q3, with transfer volume increasing 39.5% to $14.09 billion, driven mainly by Ripple USD (RLUSD), which holds 98.1% of stablecoin liquidity on XRPL. This milestone highlights XRPL's growin...
Ripple secured final U.S. approval to establish its national trust bank and expanded partnerships with major financial firms in October, projecting $900 million in annual product revenue. Despite these milestones, XRP, the associated cryptocurrency, ...
Binance transferred a total of $400.8 million in cryptocurrency to unknown wallets within a three-hour period ending at 1 p.m. ET on November 1. The largest transaction was a $190 million transfer of two million Solana (SOL) tokens. Other significant...
Exchange wallets saw a net outflow of 133 million XRP in the week ending October 31, just before Ripple released 1 billion XRP from escrow on November 1. This release lowered Ripple's locked XRP from 31.4 billion to 30.4 billion tokens. Despite the l...
Binance plans to restart XRP withdrawals on November 1 between 1–4 a.m. ET following a security breach on October 29 that resulted in an estimated $6.3 billion loss in token assets. The exchange reported that about $3 billion of assets were frozen on...
