Analysts attribute XRP's rise to the third-largest cryptocurrency by market cap to optimism around regulatory changes and Ripple's ecosystem expansion. What Happened: Speaking with Benzinga, industry experts highlight how Ripple's (CRYPTO: XRP) business growth, including the launch of its RLUSD stablecoin, and potential shifts in SEC leadership are driving demand for XRP.
The trading volume for the XRP/KRW pair on South Korea's Upbit exchange surpassed $7 billion earlier today, according to data provided by CoinMarketCap.
XRP (Ripple) price has surged to its highest levels in six years, reaching new milestones amid growing optimism around the coin's ecosystem. The coin has skyrocketed approximately 450% over the past 30 days, making it one of the best-performing cryptocurrencies in the market.
As the crypto market prepares for a new season of growth, XRP has opted to reduce its reserves 10 times lower. The current adjustment reflects a decrease to $2.64 from $26.40.
Ripple Labs-backed XRP Ledger (XRPL) has launched a new software update, marking another enhancement for the layer-1 protocol. With this update, developers must update the latest version, dubbed rippled 2.3.0.
Cardano could be the next to surge after XRP, as the ADA price shows signs of an imminent market recovery. A crypto analyst has projected that the ADA price could experience an epic breakout to $4.88 this bull cycle.
The US SEC's lead attorney in the Ripple lawsuit, Jorge G. Tenreiro, has joined the agency as its Chief Litigation Counsel, sparking discussions in the crypto market.
The trading volume of popular cryptocurrency XRP on the leading U.S. crypto exchange over the past 24 hours has temporarily exceeded the combined turnover of Bitcoin (BTC) and Ethereum (ETH) today.
TRON (TRX) performed one of the biggest sleeper rallies, and is one of the assets with no drawdowns since the start of 2024.
For XRP Ledger, this decision to lower barriers for new users on the network also frees up funds it previously held in reserve.
XRP whale activity hits a all-time high. Ripple whales have been actively purchasing buying 160 million tokens worth $380 million.
A crypto analyst who accurately predicted the XRP price jump to the $2.8 milestone has made another bold prediction for the cryptocurrency. The analyst recently shared a technical analysis of XRP based on the Elliott Wave Theory, identifying price wave patterns and their implications on the cryptocurrency's future trajectory in the mid-to-long term.
Ripple has emerged as one of the best-performing cryptocurrencies in this bull run, jumping by almost 500% from its lowest level in November.
The minimum amount of XRP that must be held in an account to keep it active was previously lowered from 20 XRP to 10 XRP in 2021.
XRP, the third largest cryptocurrency by market capitalization, has seen a massive price gain, reaching a near-seven-year high of $2.90, last seen in January 2018.
As the crypto market gains momentum, the Solana price has grown notably, reaching impressive highs over the past week. This surge suggests a potential breakout, with bullish sentiment building around the coin.
Ripple is on the rise: massive accumulation, staggering forecasts, and XRP in the race to triple its historical records.
There are some unique twists and turns in the broader digital currency ecosystem, with Tron (TRX) and XRP notably entering the spotlight. While XRP has visibly led the market rally over the past month, XRP is now playing catchup.
The cryptocurrency world is buzzing with excitement as XRP's price surged to a six-year high of $2.31. The question on everyone's mind: Could XRP finally dethrone Bitcoin as the leader of the crypto market?
The crypto industry has had a relatively tough day today, as the optimism amongst market players has been losing steam. This has been evident with the Fear & Greed Index, which has dropped from an extreme greed score of 81 during early Asian trading hours to a current score of 78.
As XRP soars 88% in seven days, Ripple ecosystem meme coins are experiencing explosive growth, drawing traders from across major blockchains.
On December 3, Tuesday, IOTA price surged 60% on the back of a crucial network update. This massive rally is in line with the veterans like Ripple (XRP) and Stellar Lumens (XLM).
On December 2, the XRP Ledger introduced a substantial upgrade, reducing its reserve requirements by 90%. This change enables new users to initiate their wallets with just 1 XRP, a considerable decrease from the previous 10 XRP. The post XRP Cuts Reserve Requirements by 90% to Allow Wallets with Lower Amounts appeared first on Cryptonews.
In a recent tweet, Ripple published a hilarious video anti-scam reminder, with the company's CEO, Brad Garlinghouse, featured as its star.
Bitcoin (BTC) continued to trade in a range, oscillating between $94,000 and $98,000, maintaining its price over the past ten days, even though other prominent cryptocurrencies registered substantial gains.
Cardano (ADA) and the XRP Ledger (XRP) have started outperforming Bitcoin amid expectations of regulatory changes under the incoming Trump administration. Both tokens have surged remarkably since the US presidential election, capturing investor attention and signaling a potential realignment in the digital asset landscape.
XRP drops 12.60% as altcoins like Chainlink (LINK), The Sandbox (SAND), and VeChain (VET) rally. Technical charts highlight upside potentials and key risks ahead.
XRP has experienced an extraordinary surge in recent weeks, with its price skyrocketing by 380% over the past 23 days. In just the last four days, the price jumped 75%, reaching a peak of $2.87 on December 2.
As the cryptocurrency market gains momentum with a global market cap at $ 3.64 trillion, and Bitcoin price trading at $95,000, crypto traders are constantly searching for new opportunities, with massive gains. As December unfolds, and the market stays optimistic with the Fear and Greed Index at 78, several altcoins have soared in value, earning
Ripple, the blockchain firm behind XRP, has cautioned the crypto community about increased scams following the asset's significant price rally. In a Dec. 2 update on X (formerly Twitter), Ripple reminded users that it will never request XRP transfers.
XRP's impressive surge has fueled the rise of meme coins like ARMY, BEAR, and MAG on the XRP Ledger, creating excitement in the crypto community. Find out what the future holds for XRP-based tokens.
XRP's remarkable rally has propelled the growth of meme coins like ARMY on the XRP Ledger, but skepticism about long-term sustainability persists.
The crypto market is experiencing an upward momentum, attracting investors seeking high-growth opportunities. With a bullish outlook, these four altcoins to buy stand out as strong candidates for a potential 10x return by the end of 2024.
XRP price rally continues to $2.84 surging more than 100% over the past week amid strong whale activity with large holders scooping 160 million XRP worth $380 million over the past weekend.
In a post on X, Justin Bons, Founder and Chief Investment Officer of Cyber Capital—Europe's oldest cryptocurrency fund—asserts that the XRP Ledger (XRPL) is centralized and permissioned, contradicting claims made by Ripple executives. Bons also accuses the XRP Foundation of misleading investors about the network's decentralization and exerting total control over it.
Altcoin gains are topping the charts with massive gains across the board. Ripple (XRP) and Hedera (HBAR) are leading the surge, with 420% and 710% gains, respectively, over the past month.
Tron price has noted a robust rally today, gaining more than 15% while gaining significant traction from investors. Besides, the recent comment from Tron founder Justin Sun, calling TRX the “next XRP”, has also triggered discussions in the market, especially after the unprecedented rally of the XRP price recently.
The last month was simply special for XRP; a steep growth from $0.51311 to $1.95710 in just 30 days was definitely unusual, as well as exciting.
XRP's rise to become the third-largest cryptocurrency has sparked a surge in XRP Ledger meme coins, with tokens like ARMY seeing massive value increases despite limited trading infrastructure.
San Francisco-based fintech startup Ripple is close to securing the final greenlight from the New York Department of Financial Services (NYDFS) for its overcollateralized dollar-pegged RLUSD stablecoin.
Once trading at a modest $0.50 on November 3 with a market cap of $28.56 billion, XRP has skyrocketed to $2.66 as of December 3, a jaw-dropping 429% surge in just one month, with its market cap swelling to an extraordinary $151.4 billion, as per Finbold market cap data.
XRP tops network growth charts as it added 22,357 wallets in a day, reflecting strong utility and renewed investor confidence.
New York-based asset manager WisdomTree has formally joined the growing list of potential issuers seeking to introduce a spot XRP exchange-traded fund (ETF) on Wall Street.
While the entire crypto market buzzed last week that all previous crypto cases may drop, the SEC has plan B in action. SEC drops a bombshell by appointing Jorge Tenreiro to Chief Litigation Counsel, a move that signals the agency's commitment to strict crypto oversight.
XRP Ledger reduced its reserve requirement from 10 to 1 XRP, letting users fund wallets with as little as $2.56.
At the end of the third quarter of the year, XRP, the native token of the XRP Ledger (XRPL), solidified its position as the seventh-largest cryptocurrency by market capitalization, reaching approximately $34.7 billion. This represents a notable 31.1% increase in its circulating market cap quarter-over-quarter (QoQ) compared to Q2.
XRP's price surged 44.7% to $2.74 amid increased network activity, whale accumulation, and WisdomTree's ETF filing, though technical indicators suggest potential near-term challenges.