Market intelligence firm Santiment has indicated that the negativity related to XRP has gone down to its lowest level in more than two months. The analytics platform observed that conversations on social media about the cryptocurrency have gone down to what traders refer to as the “fear zone” level. Based
In order to safeguard DeFi assets against exploitation, the newly launched Firelight Protocol uses a unique on-chain economic security primitive to create staking incentives for XRP. Enabling New Use Cases for XRP Despite being one of the biggest cryptocurrency assets in terms of market capitalization, XRP lacks native yield and staking
The coming days could mark a turning point for XRP as the market enters the first full week with five pure spot XRP ETFs trading simultaneously. Analyst Chad Steingraber stated this competitive environment will reveal how aggressively issuers plan to accumulate XRP over the long term. The 21Shares XRP ETF
Recently introduced XRP exchange-traded funds have attracted a substantial investor interest, thereby, in their initial trading, they have taken in around 80 million tokens valued at $130 million. The total assets under management were extended to $778 million by the robust demand from the institutional side; thus, the performance of
Market analyst Cobb published research outlining what he calls the XRP origin cycle theory, using historical price patterns to forecast future movement. The theory examines two distinct 5-wave structures that have formed since XRP began trading in 2013. According to Cobb’s analysis, the first structure completed in early 2017 during
XRP ETF launches have not delivered the immediate price surge many investors anticipated, but one market commentator has outlined how these products could establish the foundation for a future price rally. Chad Steingraber, a community analyst and game designer, recently highlighted a pattern connecting ETF trading sessions to XRP price
XRP shot up over 9% to $2.27 Monday after Franklin Templeton and Grayscale rolled out their spot XRP ETFs on NYSE Arca. This marks a fresh start for the token, especially after Ripple wrapped its long SEC fight with a $125 million settlement. At the time of writing, XRP sits
With the sustained bearish pressure, the entire crypto market cap has settled at $3.02 trillion. The broader market sentiment is lingering in extreme fear, which sparked losses in assets. The assets like BTC and ETH are trying to escape the bear trap. Meanwhile, Ripple’s XRP has defied the trend, posting
The XRP community has watched as ISO 20022 officially activated, marking the end of SWIFT’s legacy messaging system. Industry observers noted that XRP Ledger activity remained flat despite years of speculation linking the standard to XRP adoption. On November 22, SWIFT completed its transition to ISO 20022, ending the coexistence
The New York Stock Exchange has given the green light to Grayscale’s Dogecoin and XRP exchange-traded funds to be launched on Monday. NYSE Arca implemented the listing approval for both products under the regulatory framework set by the SEC last September. The Grayscale Dogecoin Trust ETF will be the ticker
