Despite weak market conditions, XRP has strengthened its utility case, earning praise from one of its longtime critics.
Vet said on that XLS-0096 offers a privacy-focused path for the XRP Ledger, sharing the proposal as a simplified reference for readers. In the X post, the focus was on native confidentiality rather than a live network activation. if you're in zcash, pivot soon to XRP Ledger privacy.
XRP is attracting institutional capital at a time when liquidity across the market is moving in the opposite direction. Fresh ETF inflows and growing accumulation among long-term holders continue to support the bullish case, but recent data suggest a different challenge is emerging beneath the surface.
Ripple (XRP) is extending a broad pullback, slipping to the low-$1.10s after a steep month-long decline—reviving a familiar debate over whether the token's longer-term 'institutional adoption' narrative can outweigh near-term risk-off conditions. As of Friday, June 5 (UTC), XRP was trading at $1.1212, according to CoinMarketCap data cited in the report.
Bitcoin (CRYPTO: BTC) remains under pressure after Strategy's (NASDAQ:MSTR) 32 BTC sale rattled market confidence, tapping $60,000 on Friday afternoon. Ethereum (CRYPTO: ETH) fell up to 9% while XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) dropped 5%, respectively.
RLUSD, the dollar-backed stablecoin from Ripple, completed its integration with Wormhole through the Native Token Transfers (NTT) framework, allowing it to move natively between blockchain networks without relying on wrapped or synthetic versions. The integration connects the XRP Ledger with Ethereum's DeFi ecosystem, reducing liquidity fragmentation and enabling more efficient capital flows between both networks.
XRP update approaches as XRPL 3.2.0 introduces the XRPld rebrand, efficiency gains, and new steps for node operators.
XRP lost another 5% after a high-volume breakdown overwhelmed support near $1.20, leaving traders focused on whether the latest washout marks capitulation or the start of a deeper slide.
XRP is testing support near $1.09 as persistent selling pressure keeps the token pinned near recent lows. Weak momentum and bearish technical signals continue to favor the downside. XRP Downtrend Deepens as Sellers Keep Control At 10:14 a.m. ET on June 5, XRP was trading at $1.110, near its recent low of $1.
Ripple expands RLUSD through Wormhole NTT, linking Ethereum DeFi with XRP Ledger and enabling native multichain transfers.
Ripple software engineer Mayukha Vadari hints at incoming XRPL improvements as the protocol prepares for a major software release.
A little-noticed policy shift puts US Fed on a hard deadline to decide Ripple's long-pending bid for a Fed master account.