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The overall cryptocurrency landscape seems to be getting poorer day by day due to the continuous price drop. Amid this, XRP, the native token of Ripple Labs, has been hit hard by the current sentiment, witnessing a notable price drop of 6% in the past 24 hours and reaching a crucial level.
In a recent report, on-chain data research provider Kaiko evaluated the liquidity ranking of several crypto assets, including major cryptocurrencies XRP, SOL, BTC and ETH. This is necessitated amid increasing odds of altcoin spot ETFs and as market depth returns to pre-FTX levels.
The native asset of the Ripple network, XRP, has climbed 3.8% over the past week, demonstrating resilience amid broader market weakness.Notably, XRP leads the top five cryptocurrencies with nearly 24% year-to-date gains, outperforming major altcoins like Ethereum (ETH) and Solana (SOL), which are down 19.3% and 11%, respectively, over the same period.
XRP, the native token associated with Ripple Labs, has recorded significant activities in the last 24 hours. XRP, worth $4.84 billion, has hit different cryptocurrency exchanges within this time frame.
Bitcoin (BTC) registered a drop late on Monday, falling from $97,000 to $95,243 before rebounding and settling just above $96,000. The flagship cryptocurrency registered another slump during the current session, falling to a low of $95,189 before recovering and moving to its current level.
Ripple (XRP) price has seen signs of consolidation over the past week. Recent fluctuations suggest concern in the market direction.
MEMX has filed with the SEC to list an XRP ETF as a "Commodity-Based Trust," marking a significant step toward expanding cryptocurrency ETFs beyond Bitcoin and Ethereum.
Technical indicators are suggesting that XRP might wait longer before reclaiming the $3 resistance, a level that has remained elusive recently.
Ripple's RLUSD stablecoin surpasses 120M tokens with XRP Ledger adoption outpacing Ethereum, driving liquidity shifts and potential XRP price implications.
After what felt like forever stuck in a sideways grind, XRP finally made its move in November. You know how it is - when an asset breaks out like that, even the pro traders can get thrown off.
Ripple CTO David Schwartz has sparked fresh discussions on the evolving role of Bitcoin and XRP in the crypto space. In a recent exchange on X, Schwartz shared insights on XRP Ledger (XRPL) and highlighted the need for scalable and trustless bridging solutions.
A total of $279 million in liquidations has hit the broader cryptocurrency market. Data from CoinGlass shows that top altcoins suffered more liquidation in the last 24 hours from long-position traders.
Check out why the case against Ripple may be fully withdrawn soon.
XRP has seen a significant surge in open interest, climbing to $4.7 billion amid a price rally that pushed the token above $2.55. The increase signals renewed investor confidence following a sharp decline earlier this year.
XRP is currently trading at $2.58, registering a 3.56% increase over the past week. In technical analysis, the RSI rebounded from 30, indicating a possible recovery, while the MACD shows a positive divergence, signaling a potential bullish move. Additionally, the SEC acknowledged an ETF application for XRP, boosting market optimism.
A widely watched coin like XRP (XRP -3.75%) is bound to be immersed in a constant discussion about every single one of its aspects and its relevant metrics.
The total supply of Ripple's regulated stablecoin, Ripple USD (RLUSD), has reached $120 million. Community analyst Maartunn from CryptoQuant revealed the figures in a new analysis, calling it a “huge milestone.
The XRP community is optimistic as Elon Musk's DOGE reviews the SEC, fueling hope for regulatory reform and a potential XRP price rally.
XRP trading volumes have surged on US exchanges amid ETF speculation, with the cryptocurrency now contributing 14% of Coinbase's trading revenue as the SEC begins its 240-day ETF review period.
Ripple CTO, David Schwartz, recently shed light on one of the fundamental distinctions between XRP and Bitcoin.
Litecoin price shows bullish signs, with analysts predicting a 5x rally past $600. This bullish outlook follows a recent surge in Litecoin's open interest to an all-time high of $765M per Coinglass.
Just days after renowned crypto market analysts Eric Balchunas and James Seyffart stated that XRP has less chance than LTC, DOGE and SOL of receiving approval from the US Securities and Exchange Commission to start a spot ETF in 2025, the probability value of a polymarket bet (titled “Ripple ETF approved in 2025”), with a
Solana (SOL) extended its decline, reaching fresh lows, while Ethereum (ETH) and Ripple (XRP) struggled to gain traction after last week's failed recovery attempts. Market sentiment remains fragile, with technical signals flashing mixed trends across these top altcoins.
The financial sector, let alone the crypto market, has buzzed with excitement as Elon Musk's DOGE announced an audit into the US Securities and Exchange Commission (SEC). Recently, the Department of Government Efficiency (D.O.G.E.
