XRP Ledger's record-breaking wallet growth continues as large holders keep accumulating.
Bitcoin trades below $80,000 on Thursday morning as hotter-than-expected U.S. producer inflation data weakened expectations for near-term Federal Reserve rate cuts. Bitcoin ETFs saw $635.2 million in net outflows on Wednesday, while Ethereum ETFs reported $36.3 million in net outflows.
Data shows XRP has reached a new milestone in its 10,000+ token wallets, a sign that large investors have been coming into the network.
Ripple CEO highlights scale, speed, and a loyal global community as what sets XRP apart.
As new user activity increases, along with a remarkably robust market structure, XRP is exhibiting fresh indications of network expansion. According to recent data from the XRP Ledger, account creation activity has remained high over the past month, and network-wide payment activity is still close to multi-month highs.
Ripple's David Schwartz warned XRP users about fake airdrops, giveaways and impersonators as scams targeting XRPL holders increase online.
XRP trades near $1.43 as Binance open interest tops $475M, ETF inflows cool and record 10K+ wallets put $1.50 resistance in focus this week.
The XRP Ledger is quietly showing one of its strongest long-term accumulation signals in years. New data from market intelligence platform Santiment that wallets holding at least 10,000 XRP have now reached a new all-time high.Meanwhile traders closely watch whether XRP can finally break above the key $1.50 resistance zone.
Ripple CTO Emeritus, David Schwartz, urged the community to remain extremely vigilant, warning about the growing number of attacks targeting XRP Ledger asset holders on social media like X and messengers like Telegram.
As the Senate Banking Committee's long-awaited markup of the CLARITY Act nears, XRP has reportedly become a focal point of a wave of amendments being prepared for the key vote on Thursday.
XRP shows market resilience at $1.40 while Bitcoin and Ethereum face steep corrections. Explore the key technical levels and what's next for Ripple's token.