Ripple partner Thunes rolls out real-time payments in the U.S. powered by Tier 1 bank connectivity, marking a major step in instant cross-border settlement infrastructure.
Levi says a “massive capital rotation” could soon reverse out of record-breaking US stocks and into beaten-down cryptos.
The XRP Ledger is gaining traction as a hub for bank-grade blockchain infrastructure, with one of Europe's biggest banks choosing it to issue its euro stablecoin.
Evernorth says banks already use XRP as Société Générale issues EURCV under Europe's MiCA framework. Focus shifts to growth.
XRP has alerted bulls to take more caution this month as it appears to be mimicking its historical June pattern which maintained steady declines for seven consecutive years.
XRP trades near key support as Ripple executives mark XRPL's 14th anniversary and network transactions surpass 4.41 billion since launch.
XRP marked its 14th anniversary on Tuesday, June 2, with Ripple executives and long-time community figures reflecting on the asset's origins just as the company announced a larger footprint in Washington, D.C.
Investors who stay patient through the current pullback could be among the biggest winners when market sentiment eventually turns — at least according to one analyst who has been tracking XRP closely through this period of weakness. Related Reading: XRP Is The Clear Winner For Transactions, According To Peter Brandt A Floor That Holds XRP is not expected to collapse below $1, based on the analyst's reading of current market conditions.
A broad crypto market sell-off intensified overnight against a potential backdrop of global equity strength, resulting in major long liquidations.
While XRP is experiencing a sharp decline and risks losing the key $1 support level, prediction market traders are signaling that the cryptocurrency is most likely to finish June near $1.40.
Bitcoin has plunged below $67,000 as uncertainty around Strategy (NASDAQ:MSTR) continues to instill fear in the market. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $66,732 Ethereum (CRYPTO: ETH) $1,873 Solana (CRYPTO: SOL) $74.78 XRP (CRYPTO: XRP) $1.23 Dogecoin (CRYPTO: DOGE) $0.09363 Shiba Inu (CRYPTO: SHIB) $0.
Ripple's XRP slid to its lowest level in roughly four months on Tuesday ET, extending a broader market downturn even as U.S. spot XRP exchange-traded funds (ETFs) recorded their largest-ever monthly inflows—an increasingly stark divergence between price action and 'institutional demand'. XRP was trading around $1.2222, down 4.26% over the past 24 hours.