Rakuten has enabled access to XRP for more than 100 million users in Japan, integrating the cryptocurrency into its payments and rewards ecosystem. Through the wallet, users can convert Rakuten Points into XRP, transform that XRP into Rakuten Cash and use it to make purchases across services.
Evernorth revises its XRP deal ahead of Nasdaq, aligning its share count with XRP's value and strengthening its public-market strategy.
XRP has just lost a level it had defended since late 2024. Briefly falling below $1, Ripple's token now shows more than a 5% drop over one month, unlike Bitcoin, Ethereum, and Solana.
XRP network activity is accelerating, with daily active addresses reportedly averaging about 35,700 in August, up from 26,400 in July. Yet new addresses remain near 2,260 per day. Meanwhile, wallets holding at least 1 million XRP have continued accumulating.
XRP has underperformed several major cryptocurrencies over the past month, falling more than 5% while Bitcoin, Ethereum, and Solana recorded modest gains. The XRP price is now hovering near $1, with conflicting on-chain and market signals clouding its near-term outlook.
Evernorth Holdings has revised the terms of its planned Nasdaq listing through a merger with special purpose acquisition company Armada Acquisition Corp. II, responding to a sharp decline in the price of XRP. The crypto treasury company, which aims to build the largest publicly traded XRP reserve, initially structured the transaction using an assumed XRP price of $2.36.
XRP network activity is surging, but new-user growth remains flat. Here's why rising usage, whale accumulation and weak price are sending mixed signals.
Banks may prefer using a dollar-backed asset for cross-border settlements rather than exposing themselves to XRP's fluctuations.
The merger's share issuance tied to XRP's price may influence market sentiment, potentially affecting XRP's valuation and investor behavior. EvernorthXRP ties SPAC merger share issuance to XRP price.
XRP's break below $1 has renewed concerns about a deeper dip, with Farina identifying $1.05 as the key level to reclaim.
Evernorth revises its XRP-linked share terms before its Armada II merger, tying share issuance to XRP's market value at closing.
XRP watchers spend most of their time picturing the upside if the CLARITY Act passes. Analyst Gareth Soloway flipped the question around, and his downside answer gives traders a specific number to plan against. Soloway was clear about the conditions that would trigger his bearish target.