XRP has settled near $1.42 following a 3.2% decline over the previous day. This positions the asset approximately 6% beneath its recent peak of $1.50.
XRP/KRW was the most traded pair on Upbit and second on Bithumb, a familiar Korean market signal that has often preceded sharper moves in the token.
Ripple Chief Technology Officer Emeritus David Schwartz has stepped in to clarify persistent misconceptions about the inner workings of the XRP Ledger (XRPL).
XRP price started a recovery wave above $1.4250 and $1.4320. The price is now consolidating and might aim for a fresh move if it clears $1.4620.
A major piece of US crypto legislation is now in the spotlight with XRP at the center: the CLARITY Act draft text was released Monday night, totaling 309 pages and arriving ahead of a key Senate markup scheduled for Thursday. The bill has been delayed since January, but the appearance of the full draft has already triggered intense attention from XRP analysts who believe important parts of the document could meaningfully improve the altcoin's regulatory outlook.
Leading cryptocurrencies struggled alongside major stock indexes on Tuesday after consumer inflation rose more than expected in April. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:15 p.m.
XRP is finally showing strong bullish momentum after spending months trapped inside a major consolidation pattern. The recent breakout above the descending resistance line that had controlled price movement since March is now drawing attention from crypto traders and analysts.
XRP is seeing a sharp rise in real-world usage, with on-chain activity accelerating significantly over the past year. This comes as institutional flows, tokenized assets, and payment settlement demand continue to grow across the XRP Ledger.
Ripple Prime CEO Mike Higgins said XRP could become part of institutional collateral systems alongside Bitcoin, Ethereum, and Solana. The initiative focuses on tokenized finance and cross-margining systems, where firms use crypto assets for margin, settlement, and liquidity without liquidating positions.
XRP Ledger activity continues accelerating as monthly transactions rise 65% over the past year, driven by institutional transfers, exchange settlement flows, and stablecoin usage. Bitstamp remains one of the strongest contributors to XRP Ledger volume, while Ripple's RLUSD stablecoin expands its role across the ecosystem.
Ripple Prime CEO Mike Higgins says XRP will sit alongside Bitcoin, Ethereum, and Solana as collateral in institutional finance, marking a shift toward multi-asset crypto-backed liquidity and settlement.
Ripple Prime, the multi-asset prime brokerage platform operated by blockchain solutions provider Ripple, has closed a $200 million debt facility arranged with funds managed by Neuberger Specialty Finance.