The big-time market maker just published their deep-dive into the market, smelling the altcoin season coming.
XRP Ledger order-book volume has increased 79% year over year in the second quarter of 2026, even as the number of daily trading accounts has fallen 40%, according to Evernorth.
XRP, Ethereum and Solana face a $369M liquidation wave as oil prices and Treasury yields rise. Meanwhile, ETF inflows remain positive and the SEC advances blockchain reforms.
David Schwartz defended Tether's $42.4M USDT freeze as a new lawsuit puts issuer control in focus, and highlights a key difference from XRP.
$2 becomes more than a round number. ETF inflows help the bid, but they do not erase those supply shelves.
The XRP price is showing signs of a potential recovery as the token trades near $1.33, holding above a crucial support around $1.30. Following a rejection from the local highs at $1.69, the price has been plunging, while the volume has remained elevated.
XRP remained under pressure on Wednesday, down nearly 7% over the past seven days amid a broader retreat across the cryptocurrency market.
XRP, Ethereum and Solana came under heavy selling pressure as the cryptocurrency market suffered a $369.67 million derivatives liquidation wave, driven by rising oil prices, surging Treasury yields and growing expectations of a Federal Reserve rate hike. More than 90,000 leveraged traders had positions liquidated, according to CoinGlass data.
XRP fell sharply in the first eight months of 2026, but activity across the XRP Ledger moved in the opposite direction. Stablecoins, tokenized assets, and Ripple's institutional infrastructure all expanded, creating a widening gap between the XRP price and underlying network development.
Bitcoin and XRP are reviving an old crypto market meme as their recent price action begins to resemble the famous Bart Simpson chart pattern, raising concerns about a potentially sharper cryptocurrency market correction. The formation, named after the spiky-haired character from The Simpsons, describes a rapid price surge followed by sideways trading and an abrupt reversal.
Crypto ETF flows diverged sharply on Tuesday, with bitcoin funds posting $236.46 million in net outflows while ether, XRP, solana, and HYPE products added fresh capital. Ether ETFs extended their inflow streak to 12 straight trading days.
This Wall Street behemoth initially dumped XRP at a near-top cycle level, then waited to buy it back at $1.