XRP briefly dropped below $1 on August 11, 2026, for the first time since January 2024, following a hack on Coreum's XRPL bridge that drained nearly 200,000 XRP in under two hours. The exploit was due to a flaw in the bridge's deposit verification software, not the XRP Ledger itself, which remained secure. This incident highlights the vulnerabilities of cross-chain bridges and has rattled market sentiment, pushing XRP prices down from recent levels around $1.02 to $1.03. Ripple Labs and the XRP Ledger were not involved or compromised in the attack, and the bridge operators have halted operations to address the issue.
XRP whales have purchased an additional 72 million coins at the $1 price level, increasing their total holdings to 12.18 billion XRP. This buying activity is offsetting the decline in institutional interest, as XRP ETFs' net assets fell below $1 bill...
A forthcoming SEC proposal could change the regulatory landscape for cryptocurrencies like XRP, Hedera's HBAR, and Stellar's XLM by introducing a formal process for crypto projects to seek non-security status. This would broaden the group of tokens w...
XRP price fell below $1 twice this week, but on-chain data shows a surge in withdrawals from exchanges, especially Binance, reaching the highest levels since 2019. Large XRP holders, or whales, have increased their holdings to over 12 billion tokens ...
XRP closed at $1.00 on August 12, marking its lowest daily close since November 2024 and a 69% drop from its January 2025 peak near $3.30. Despite the price decline, active addresses increased by about 35% in August, indicating more transactions by e...
Morgan Stanley disclosed new holdings in three XRP exchange traded funds (ETFs) and 50,540 shares in Evernorth Holdings’ SPAC, Armada Acquisition Corp II, in its Q2 2026 SEC filing. These XRP ETF positions are modest compared to the bank's larger cry...
