After sustaining an elevated level for more than 20 months, the XRP price has recently encountered significant bearish pressure, causing the bulls to struggle to defend crucial support levels despite a decrease in selling pressure. However, the market trend is expected to shift in the near future as the accumulation
The total number of Ripple (XRP) tokens held across various cryptocurrency exchanges has reached a major milestone, with the current supply amounting to 2.84 million XRP, which is equivalent to $1.34 million at current market prices. This figure represents the lowest amount of XRP tokens held on exchanges since the
A major milestone has been reached by the XRP Ledger, even though all eyes are on the ongoing lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC). With the recent achievement of over 10 million XRP tokens locked in its AMM pools, the network has reached a
As the Ripple vs SEC XRP case continues, rumors of a potential settlement between the two giants continue to circulate. The Ripple case has been sent to settlement negotiations by a U.S. district court. The move follows Judge Phyllis Hamilton’s decision to reject many class action lawsuits. While permitting the
Ripple (XRP) is one of the cryptocurrencies that continues to bear the losses incurred following the crypto market crash triggered by the collapse of the Terra ecosystem. While the majority of tokens, led by Bitcoin, have recovered from the turmoil and even reached new all-time highs, the XRP price has
In his recent commentary on X, analyst Pantoja shared his outlook on XRP’s price trajectory, asserting that the cryptocurrency’s true value lies within the $8 to $20 range, which he believes will become a reality by 2026. The analyst also expressed his unwavering confidence in XRP, stating that engaging with
XRP, is one of the prominent altcoins, despite being one of the top cryptocurrencies by market cap. It has experienced a prolonged period of underperformance due to ongoing legal battles with the U.S. Securities and Exchange Commission (SEC). This week also marked a bearish phase with a 7% decline. Currently,
Ripple CEO Brad Garlinghouse announced the company’s much-anticipated new stablecoin, Real USD (RLUSD). Which happened at the XRP Ledger Community Summit 2024 (XRPL Apex) in Amsterdam. Further, the announcement was made during his keynote speech. That emphasizes Ripple’s ongoing journey with stablecoins and its dedication to expanding its ecosystem. Garlinghouse
Recent days have seen very unfavorable price movement in the cryptocurrency market, suggesting that gloomy sentiment has grown in the crypto industry. Additionally, leading cryptocurrencies exhibit the same pattern by registering a downward trend in their prices. Trading under a negative impact, the Ripple token’s price movement remains sluggish. There
The BRICS nations are moving on with their plan of currency sufficiency scheme by exploring the possibility of creating their own autonomous payment system. Amelia, a crypto aficionado, was the first to notice a research paper claiming that Russian President Vladimir Putin had declared the bloc’s alternative currency plan to
