Key Highlights: Santiment on-chain metrics show top profitable XRP trader wallets leaning heavily bearish, with three active short positions accumulating roughly 2.1 million XRP since late October. A contested XRP downside prediction pointing toward a $0.99 price target on Santiment’s Score Arena platform is slated for final resolution on November 19. Despite active shorting in ...
Key Highlights: XRP dropped sharply from $1.32 to $1.15, breaching a critical $1.24 support level and liquidating over $10.23 million in long positions. Open Interest fell from $3.78 billion to $2.77 billion alongside stalling spot and derivative exchange-traded fund activity. Ripple CEO Brad Garlinghouse reaffirmed that XRP and the XRP Ledger remain Ripple’s “North Star,” ...
Key Highlights A Dubai Financial Services Authority (DFSA) report highlights that tokenizing traditional financial assets can substantially improve market access, issuer efficiency, and settlement risk across mainstream finance. Industry insights indicate that the true evolution of asset tokenization lies in the on-chain collateral utility of Money Market Funds (MMFs) and treasuries for repo and margin ...
Key Highlights: Market analyst Martinez notes that overwhelmingly negative sentiment surrounding XRP could pave the way for a bullish reversal via an inverse head-and-shoulders pattern targeting $2.10. Ripple Chief Technology Officer David Schwartz has established a strict policy against off-topic reply spam, vowing to block users who target third-party threads regardless of whether their remarks ...
Key Highlights: GateHub has integrated its euro-pegged stablecoin, GateHub Euro (EURGH), with the Single Euro Payments Area (SEPA) network. Issued by regulated electronic money institution Dinaro under MiCA guidelines, EURGH enables instant transfers from XRPL and Xahau wallets directly to European bank accounts. EURGH joins an expanding ecosystem of regulated European stablecoins, including Circle’s EURC, ...
Key Highlights The XRP Ledger officially enabled an amendment designated as fixCleanup3_4_0 to seal a permission loophole involving token minting and burning. Under specific circumstances, third-party accounts authorized exclusively to destroy an issuer’s tokens were technically capable of minting new supply. The patch targets issued assets such as stablecoins rather than the native XRP cryptocurrency, ...
Key Highlights: XRP has reclaimed key support above $1.26 and $1.27 following a drop toward $1.20 triggered by a $6.3 billion security breach at Binance. Daily trading volume jumped by nearly 30% to $1.8 billion, while two native lending proposalsāXLS-65 and XLS-66ācontinue to gain validator traction on the XRP Ledger. Despite improving technical indicators like ...
Key Highlights: Large XRP wallets holding 1 million or more tokens are actively accumulating despite XRP trading in what analytics firm Santiment terms a relatively weak range of $1.20 to $1.25. Addresses holding at least 1 million XRP represent an elite tier, comprising merely 0.03% of the approximately 8.3 million funded accounts on the XRP ...
Key Highlights Ripple CEO Brad Garlinghouse clarified that Ripple’s forthcoming stablecoin, RLUSD, and the native digital asset XRP operate in tandem, describing their dynamic as Complementary, not competitive. RLUSD transfers on the XRP Ledger consume XRP through standard network transaction fees and can leverage XRP as a bridge asset for liquidity routing across token markets. ...
Key Highlights: The XRP Ledger is scheduled to activate the fixCleanup3_4_0 amendment on Wednesday to patch a token creation permission vulnerability. The loophole allowed accounts granted only token-burning rights to improperly mint issued assets, including stablecoins, under certain circumstances. The patch has secured backing from 33 of 35 trusted validators, surpassing the mandatory 80% consensus ...
Key Highlights: Ripple continues its regular escrow mechanism, releasing 1 billion XRP to preserve market predictability while routinely returning roughly 700 million XRP back to escrow. Coinbase expanded support for Ripple’s stablecoin, RLUSD, allowing institutional and retail clients to trade and convert it 1:1 against U.S. dollars and supported USD stablecoins. The XRP Ledger is ...
Key Highlights: Institutional holdings now represent 1.87% of XRP’s circulating supply as inflows trend to surpass the previous week’s figures. Major financial institutions, including BNY Mellon and Standard Chartered, have expanded corporate payments and custody integration for XRP. Despite price drops below $1.25, fundamental network metrics across XRPLāincluding stablecoins, tokenized RWAs, and ETP assets under ...