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news-imageDecember 24, 2024

Ripple Network Sees Nearly $20M RLUSD Shifted in Post-Minting Transfers

TL;DR In the last 12 hours, around 17 million RLUSD have been transferred. The movements could be linked to Ripple's treasury. The company has made several large-volume transactions, including one of 10 million RLUSD in one hour, aimed at strengthening the liquidity of its stablecoin in the market. XRP has risen 7.
Publisher: Crypto Economy
Sentiment: Positive
XRP

More News Articles

Positive
cover-imageThe Currency Analytics
December 25, 2024

XRP Wallet Growth Surges, Outpaces Bitcoin & Ethereum

XRP, the native cryptocurrency of the Ripple network, has been experiencing rapid wallet growth in recent months, outpacing major players like Bitcoin and Ethereum. Data from on-chain analytics firm Santiment reveals a significant rise in the “Total Amount of Holders” for XRP, marking a notable trend in its adoption.

Positive
cover-imageThe Currency Analytics
December 25, 2024

BitBoy Predicts XRP to Challenge Bitcoin's Dominance in 2025

Crypto influencer Ben Armstrong, also known as BitBoy, recently shared his bold perspective that XRP could surpass Bitcoin in terms of market dominance in the upcoming bull cycle. While he doesn't foresee XRP overtaking Bitcoin's market capitalization in the immediate future, Armstrong strongly believes that XRP will challenge Bitcoin's dominance and possibly outperform it during this rally.

Positive
cover-imageBenzinga
December 24, 2024

Bitcoin, Ethereum, XRP, Dogecoin Surge Around 5% In Christmas Eve 'Santa Rally'

Cryptocurrency markets are trading higher on Christmas eve, prompting traders to predict a bullish end to the year. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,100.74 +5% Ethereum (CRYPTO: ETH) $3,478.79 +4% Solana (CRYPTO: SOL) $196.49 +6% XRP (CRYPTO: XRP) $2.31 +6.1% Dogecoin (CRYPTO: DOGE) $0.3338 +6.9% Shiba Inu (CRYPTO: SHIB) $0.0000231 +6.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 158.7%.

Neutral
cover-imageThe Currency Analytics
December 24, 2024

XRP at Crucial $2.15 Level as Market Volatility Continues

XRP, the native token of Ripple Labs, has been under the spotlight amidst ongoing uncertainty in the cryptocurrency market. While many major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), have experienced notable declines in price, XRP has managed to maintain a crucial support level at $2.15 for the past five trading days.

Positive
cover-imageUToday
December 24, 2024

XRP Price Turns Bull Green on Christmas Eve

It is Christmas Eve, and on the cryptocurrency market, the prices of most of our beloved digital assets are turning holiday green. Currently, the third largest cryptocurrency, XRP, is no exception, as its price jumped over 5.1% from the day's low to its recent high of $2.325.

Positive
cover-imageUToday
December 24, 2024

Ripple Stablecoin Hits New Peak as RLUSD Gains Traction

Ripple's RLUSD stablecoin has been on the market for almost a week now, and its progress is growing by the day. Launched on Dec. 18 on both the Ethereum and XRP Ledger (XRPL) blockchains, the dollar-pegged stablecoin's market cap currently stands at $53.06 million, giving RLUSD a 3,032, according to CoinMarketCap's ranking.

Negative
cover-imageFinbold
December 24, 2024

$20 billion wiped from XRP in a week

Though it is undeniable XRP had an excellent run in November, and that it, despite the turbulence, retains much of the recent gains, it is equally clear that, last week, the token fell upon tough times.

Positive
cover-imageCoinPedia
December 24, 2024

Ripple RLUSD Stablecoin Goes Live on Singapore's Major Exchange

Ripple's RLUSD stablecoin has officially launched in Singapore, marking a significant milestone in its journey. The stablecoin went live on December 22, 2024, on Independent Reserve (IR), a licensed exchange in Singapore. This is the first time RLUSD is available on a Singapore-based exchange, and it's already making waves.

Neutral
cover-imageUToday
December 24, 2024

XRP Volatility Disappears, But It's Not Bad Sign

As XRP consolidates within a bearish flag formation, the price action has significantly calmed down in recent days, with volatility declining. With neither bulls or bears making any significant moves, XRP is currently trading close to $2.24 and displaying obvious signs of indecision.

Neutral
cover-imageCoingape
December 24, 2024

Can XRP Price Hit $10?

Although the majority of the crypto market is in the red with Bitcoin down 15% from its all-time high, Ripple (XRP) shows strength. Although, XRP has shed 28% between December 17 and 20, from a market structure standpoint, it shows massive strength.

Positive
cover-imageCoinPedia
December 24, 2024

XRP Price Prediction For December 24

Ripple's XRP is currently up by more than two percent and is trading above the crucial $2.15 level at the time of writing. According to analysts XRP market remains in an uptrend on the larger time frame, with key support found between $1.50 and $1.79.

Positive
cover-imageThe Currency Analytics
December 24, 2024

Hoskinson Highlights Cardano's Similarities with Bitcoin and XRP

Charles Hoskinson, the founder of Cardano, drew comparisons between his blockchain project and two of the most prominent names in the cryptocurrency space: Bitcoin and XRP. Despite their differences, Hoskinson believes that there are key similarities that link the three Layer 1 blockchain networks, particularly when it comes to their potential for long-term success.

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