XRPL definitely is an ecosystem with tremendous potential. In a short span of time, it has emerged as a synonym for speed, efficiency and reliability. Right now, the talk of the town is the two key attractions of this ecosystem: its Automated Market Maker feature and RLUSD stablecoin.
XRP, once considered a lagging altcoin, has recently shown impressive growth, surpassing its 2021 price peak and reclaiming the $100 billion market cap. As of December 2024, XRP is positioning itself to challenge Ethereum for the coveted second spot in the cryptocurrency market by capitalization, a position it held briefly during 2017 and 2018 before the SEC lawsuit against Ripple.
XRP has emerged as one of the strongest performers in the ongoing crypto bull market, with its market cap hitting the $149 billion mark. It ended November with an impressive 283% gain, the biggest monthly surge in seven years, reaching a high of $2.9.
Supply pressure across exchanges remained low despite XRP new record high in December.
Dogecoin whales acquire 160 million DOGE, sparking speculation about their market strategy and price impact.
Data shows social media users aren't euphoric towards Bitcoin, XRP, and other top cryptocurrencies despite the market-wide surge, a sign that could be bullish for their prices. Positive Sentiment Vs.
Crypto trades surged to $18 billion in 24 hours, driven by altcoins like XRP and DOGE, surpassing the stock market's $14 billion performance.
XRP price saw a couple of swing moves from the $2.85 resistance. The price is consolidating near $2.50 and might aim for more gains above the $2.65 level.
A prominent cryptocurrency analyst who has gained a large following on social media after accurately calling Bitcoin's 2018 bear market bottom above $3.000 has recently revealed he believes the price of the meme-inspired Dogecoin ($DOGE) could soon see a significant breakout.
As we step into December 2024, altcoin season is in full throttle. The Altcoin Season Index hitting an all-time high of 88/100 signals a massive shift in focus to alts, and Solana is once again in the spotlight.
President-elect Donald Trump has chosen Paul Atkins, a pro-crypto figure, to chair the Securities and Exchange Commission (SEC), according to reports by Unchained. Current SEC Chair Gary Gensler announced he will step down on January 20 when Trump is inaugurated. Atkins, who served as an SEC commissioner under President George W.
Recent Price Volatility Driven by Whale Trading XRP has experienced significant price swings recently, primarily due to large investors, known as whales. Over the weekend, these whales purchased approximately 160 million XRP, valued at around $380 million, which contributed to a recent price surge.
Ripple is preparing to launch a new stablecoin, RLUSD, which is expected to be backed by the U.S. dollar. This new token is anticipated to receive regulatory approval from the New York Department of Financial Services (NYDFS) soon.
On Tuesday, Dec. 3, XRP, the native crypto asset of the XRP Ledger (XRPL), is priced at $2.54 per coin, reflecting a 4.9% drop over the past day. Despite this dip, XRP has shown an impressive performance, gaining 81% this week and soaring 354.62% over the past three months.
If you're a crypto holder, a keen market observer, or just reading the headlines lately, you'll know that a few cryptocurrencies are making waves. In addition to Bitcoin, which is currently teasing the $100k level, Ripple's XRP is creating a price surge: the altcoin is enjoying a solid 107% gain in the last week, data from Coingecko shows.
Ripple's XRP is down by more than five percent at the time of writing and is trading at $2.56 levels. The price hit a range high of $2.82 before hitting a reverse.
XRP fell to $2.27 as South Korea's martial law announcement rattled markets, but price recovery highlights robust investor demand.
XRP's 400% rally in the past month has ignited a wave of growth for meme coins within the Ripple ecosystem.
A widely followed analyst is leaning bullish on layer-1 blockchain Avalanche (AVAX) while offering his forecast for the flagship memecoin Dogecoin (DOGE) and interoperable chain Polkadot (DOT). The analyst pseudonymously known as Rekt Capital tells his 518,000 followers on the social media platform X that Avalanche witnessed a strong November.
XRP trading has surged dramatically, with Falconx, an institutional digital asset prime broker, reporting a tenfold increase in volumes during Q4, driven by institutional investors. Austin Reid, global head of revenue and business at Falconx, stated: “XRP trading is on fire.
The recent surge in XRP's price has driven it to levels not seen in years. A possible reversal candle on the daily chart, however, suggests that the trend might be slowing down.
Dogecoin is believed to surge significantly in the ongoing market cycle to new levels due to past trends, with each cycle's performance bigger than the previous one. As the community awaits the rally, a crypto analyst has highlighted several exit points for investors in order to prevent substantial losses.
Whale activity for the native token of the XRP Ledger, XRP, has hit a new all-time high after the token's price exploded upward over the past month, allowing the cryptocurrency to become the third-largest digital asset by market capitalization.
Developers working on the XRP Ledger have agreed on major changes to the XRPL in response to the blockchain's recent surge in popularity. According to developer WietseWind on the social media platform X, XRPL Labs changed the configuration of its validator last month to lower fees and reserve requirements in anticipation of rising activity on-chain.
XRP, the digital currency once known for its utility in global payments, is experiencing an impressive surge, not just in price, but in network growth. The cryptocurrency has recently added over 22,000 new wallets to its network in just one day, signaling a rise in investor interest and increasing use of the XRP Ledger.
Altcoin season index hit 82, indicating a strong alt season last seen in Q4 2023.
After the XRP rally above $2.60, the primary token was not enough. The Ripple army is now trying to build a native meme token ecosystem.
Cryptocurrency markets are trading lower on Tuesday, with altcoins continuing their strong performance. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,114.25 +0.8% Ethereum (CRYPTO: ETH) $3,616 +0.2% Solana (CRYPTO: SOL) $236.50 +3.2% Dogecoin (CRYPTO: DOGE) $0.4116 -2% Shiba Inu (CRYPTO: SHIB) $0.00002826 -2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 125.5% and daily active addresses growing by 28%.
Dogecoin has been navigating a period of choppy price action, with little opportunity for strategic buys and no decisive breakouts to guide traders. Despite this uncertainty, key data from Santiment provides a glimmer of hope for Dogecoin enthusiasts.
XRP has been on a significant upsurge in the past few weeks. Notably, the XRP price recently surged to $2.81, its highest market value since January 2018, marking a significant milestone in its price trajectory.
The XRP Ledger has become a hotbed for meme coin activity with thousands of tokens emerging, driven by XRP's recent price surge. Meme Coins Are Flying on XRP The XRP ecosystem is currently witnessing a surge in meme coin activity, catalyzed by a significant rally in XRP's price.
The Dogecoin price has continued its consolidation just below the $0.44 level, but positive sentiment remains at a multi-year high. Crypto analyst Kevin, known on the social media platform X as @Kev_Capital_TA, has shared an updated perspective on a positive trajectory for the Dogecoin price, maintaining that the range of $1.30 to $1.50 is still a viable target.
Elon Musk and Vivek Ramaswamy are to address the members of U.S. Congress on Thursday with regards to their plans for the Department of Government Efficiency (D.O.G.E), drawing the attention of the crypto community to Dogecoin (CRYPTO: DOGE). What Happened: Crypto trader Bluntz encouraged his followers to get positioned in "either DOGE", referring to Dogecoin and the D.O.G.E.
It's now cheaper and easier to maintain an account on the XRP Ledger thanks to validators approving a reserve fee reduction of 90%.
San Francisco-based enterprise blockchain company Ripple has announced its decision to join the Pledge 1% corporate philanthropy movement.
The Ripple co-founder has ridden XRP's 390% surge since election day to a $9.2 billion fortune.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Long and short position traders alike are in the red Tuesday amid XRP's rise and dip, plus impact from South Korea's political upheaval.
In the world of blockchain technology, decentralization is often seen as a core principle. However, when it comes to Ripple's XRP Ledger, the debate around its decentralization has been a point of contention.
On December 3rd, the Tron network's token, TRX, reached its highest price ever recorded. TRX Now Among Top Ten Digital Assets On Dec. 3, TRX, the native token of the Tron network, hit a new all-time high of just over $0.28 after surging approximately 33% in 24 hours.
XRP took center stage in South Koreas crypto market, smashing $7 billion in trading volume on Upbit. The staggering rally overshadowed market turmoil as XRP surged to a multi-year high, briefly outpacing the KOSPI stock indexs daily trading volume.
Today, December 3, several cryptocurrencies have experienced notable price increases, leading many to speculate that the altcoin season may have arrived. According to CoinGecko, all of the trending altcoins have seen upward price movement.
Hedera (HBAR) has been on a dramatic upward trajectory, surging by an astonishing 90% in just two days.
XRP, has recently gained significant attention in the cryptocurrency space, experiencing a meteoric rise of over 420% in the last 30 days. This surge has pushed XRP past other major cryptocurrencies such as Solana (SOL), Binance Coin (BNB), and Tether (USDT), making it the third-largest cryptocurrency by market capitalization.
Dogecoin Price, a popular meme-inspired cryptocurrency, has seen significant growth this November, making it one of the top performers in the market. Despite market fluctuations, DOGE continues to show resilience.
XRP stands to be one of the biggest beneficiaries of the next US administration as the push for XRP exchange-traded funds (ETFs) intensifies. The post XRP Skyrockets 435% as WisdomTree Pushes for ETF Approval – Will Prices Double Again? appeared first on Cryptonews.
Dogecoin is already making a lot of ripples in the cryptocurrency arena, as experts are pointing to its likely spike that would transform the situation of this meme coin in the market. The currency gained over 160% in November after an outstanding month, with its pattern looking bullish nowadays, hence setting the stage for some profits.