XRP fell below $1, marking it the weakest major token recently, even as Ripple secured a new partnership with South Korea's Jeonbuk Bank for near real-time cross-border payments. The deal highlights Ripple's expansion in institutional adoption but does not clarify if XRP or Ripple's RLUSD stablecoin will be used for transfers. Ripple's focus on RLUSD as the main settlement asset may explain why XRP's price hasn't risen despite growing partnerships. Meanwhile, traders remain optimistic with heavy long futures positions, despite negative social sentiment around XRP.
On September 8, XRP spot ETFs attracted approximately $1.55 million in net inflows, making it the only cryptocurrency ETF to record daily gains. In contrast, ETFs for Bitcoin, Ethereum, Solana, and Hyperliquid experienced net withdrawals on the same ...
The XRP Ledger (XRPL) is set to release Lending Protocol v1.1 with version 3.4.0 next week, improving its native lending infrastructure even before the original lending amendments have reached the required validator activation threshold. This upgrade...
The U.S. Senate is set for a procedural vote on the revised 630-page CLARITY Act on September 15, which includes new rules for DeFi protocols and digital-asset activities by credit unions. The bill aims to establish a federal framework for crypto mar...
The XRP Ledger recorded a 26% increase in payment volume, moving nearly 463 million XRP worth over $620 million at current prices. However, this surge contrasts with a 22.4% drop in active users and only slight growth in new accounts, suggesting the ...
XRP fell 3.24% to around $1.35, slipping below the key $1.40 support level amid market uncertainty ahead of US inflation data. Analyst Ali Martinez suggests XRP could reach $60 if it closes a monthly candle above $3.66, a significant rise from curren...
