The @XRP account posted for the first time Oct. 19 in both ET and UTC. Its profile lists Ripple and the XRP Ledger Foundation as joint managers.
XRP whale outflows fall to a five-year low as traders watch $1.27 support and the $1.65 resistance level.
Ripple and the XRP Ledger Foundation have brought together an official X account and website for XRP, the native token of the decentralized blockchain XRP Ledger (XRPL). After more than a decade without a dedicated official presence on X (formerly Twitter), the XRP crypto account goes live with the post “Hello world.
XRP whale outflows on Binance fall to a five-year low as the price trades near $1.30, with weak technical indicators and an XRPL upgrade approaching.
The Oct. 19 chart showed a sharp rise in the dollar value of XRP transferred. The figure does not measure purchases or new money entering the asset.
The three amendments had 19, 19 and 21 votes in the Oct. 20 snapshot. Each needs 29 votes to start the 14-day approval period.
DTCC listed Ripple Prime among its working group members on May 4. Canton Network and Hyperledger Besu are the service's expected initial connections.
XRP is showing signs of a potential recovery after transaction volume on the XRP Ledger (XRPL) surged to almost $50 billion. With the asset holding firm at its $1.25 support level, market analyst Ali Martinez believes this surge of onchain activity points to a market bottom and a potential run to $2.
The lending amendments each had 19 yes votes on October 19, ten short of the 29 needed to begin the required activation countdown.
Securitize announced the tokenized U.S. stock product on Oct. 8. Ripple Prime is examining how the shares might fit its institutional trading business.
He said targets of $500, $1,000 and $10,000 are unrealistic for the next market cycle, though he did not rule out higher prices someday.
XRP traded between $1.26 and $1.32 in the 24 hours before a 3:19 a.m. ET check on Oct. 19; on-chain transaction volume does not confirm buying near the low.