XRP has surpassed Tether (USDT) and Solana (SOL), becoming the third-largest cryptocurrency by market capitalization. The native token of Ripple Labs reached $2.46 on December 2, marking a 30% daily increase and a staggering 375% rise over the last 30 days. XRP’s market cap soared to $138.78 billion, bolstered by
In November, Grayscale Trust Investments saw a major pump in cryptocurrency holdings, with altcoins like Stellar (XLM) and XRP showing impressive gains. Grayscale’s Crypto Portfolio According to data from Cryptorank, Grayscale portfolio grew by 85%. That in market value during the month, mainly driven by Stellar, XRP, and Decentraland (MANA).
RLUSD Receives Approval from NYDFS According to Fox Business Report, Ripple Labs, a company known for its cross-border payment solutions. Is getting ready to launch its stablecoin, RLUSD, after receiving approval from the New York Department of Financial Services (NYDFS). The stablecoin pegged 1:1 to the US dollar, is expected
On the last day of the November bull run, Ripple’s native cryptocurrency, XRP, showed incredible performance by reaching a level not seen since April 14th, 2021 ($1.96). Over the past 24 hours, XRP’s price has jumped by more than 19%, reaching an intraday high of $1.94, up from a low
After an extraordinary monthly performance that saw XRP surge by 181.38%, the cryptocurrency has entered a critical consolidation phase that could determine its next significant move. The recent rally, which pushed prices to $1.63, has now given way to a more measured market environment that demands careful technical analysis to
As cryptocurrency markets blaze ahead with renewed vigor, analysts highlight key tokens edging toward critical price levels, presenting intriguing opportunities. Amidst this surge, seasoned and new investors alike are scouring for assets poised to deliver substantial gains as the bullish momentum builds across the digital currency landscape. Among the rising
XRP has been in upward momentum, hitting a six-day high of $1.58 after breaking through the $1.52 resistance level. Currently trading at $1.56, XRP has surged 7% in the past 24 hours, even as trading volume dipped by 13%. Over the past month, XRP has outperformed many other altcoins, gaining
The cryptocurrency XRP has entered a period of increased selling pressure following its climb to $1.63, a peak not seen in three years. The subsequent 13% decline to $1.41 coincides with a significant surge in profit-taking activity, suggesting a potential shift in market dynamics that could lead to further price
The crypto market has turned bullish, with a 1.34% increase in total market cap. While Bitcoin still eyes the $100K threshold, it has plunged to $93K. Meanwhile, Ethereum is trading around the $3.4K range and drawing attention to the altcoin market. However, Ripple’s native token, XRP has encountered a brief
Ripple and Archax have achieved a significant milestone in financial innovation by launching the UK’s first tokenized money market fund on the XRP Ledger (XRPL). The initiative involves tokenizing a portion of abrdn’s $3.8 billion US Dollar Liquidity Fund (Lux), marking a crucial step toward blockchain integration in traditional finance.
