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 surged above $1.60 for the first time since February 4, driven by a monthly high of 1,917 large transactions worth over $100,000 and 3,647 new wallets created, indicating increased market interest. Despite the rise in price and activity, it remai...
A leaked document highlights Ripple's XRP as a crucial liquidity provider for traditional banks, especially in cross-border transactions. XRP's On-Demand Liquidity (ODL) technology offers banks near-instant access to liquidity, reducing reliance on t...
XRP has surged past the $1.50 mark after five weeks of consolidation, briefly reaching $1.57 before stabilizing around $1.51–$1.54. This breakout is supported by strong trading volume and shifts focus to the next resistance level at $1.55–$1.56. A we...
XRP has broken above a descending trendline and the $1.50 resistance level, signaling a potential bullish move. The price is currently holding around $1.57, supported by a flattening 200 EMA and strong buying from large holders. The next target is $1...
A recent analysis of XRP ownership reveals that Ripple Labs-linked accounts control nearly 40% of the total supply, with major exchanges like Upbit (6.41%), Coinbase (5.81%), and Binance (2.75%) holding significant portions. This concentration unders...
