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XRP Ledger's stablecoin supply just collapsed -13%... According to data from DefiLlama, the stablecoin market cap on @Ripple's $XRP Ledger has tanked some -13.06% over the past week. $XRPL is still the industry's 14th largest stablecoin network at around $870M, but if the contraction continues, it could be overtaken by the likes of @ton_blockchain $TON or @monad $MON.
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XRP Ledger is bringing back two features it had to kill @jazzicoop says xrpld 3.3.0 lands next week with five amendments, including reworked versions of Batch and Permission Delegation. Both were pulled earlier after researchers found bugs that would have let an attacker move funds from accounts they didn't control. No money was ever lost because neither made it to mainnet. Sponsored Fees is the sleeper here, letting banks cover XRP costs so users never have to buy any. $XRP
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XRP Ledger and Stellar are becoming major players in the stablecoin game... In the past week, the stablecoin market cap on @Ripple's $XRP Ledger and @StellarOrg $XLM has surged by +4.53% and +2.91% respectively. Both blockchains are fast approaching a native stablecoin supply of $1B (currently around $890M and $835M). If either network does hit $1B, they would come close to flipping the likes of @Plasma $XPL and @avax $AVAX.
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XRP Ledger's 'Missing Layer' Draws Closer as Developers Test Lending, Credit Features: Ripple
XRP price has lost more than 50% of its value over the past year, and is now trading at $1.06. While the drop has shocked investor confidence and sparked fears that the token could fall even further. Meanwhile, some well-known crypto analysts believe XRP is approaching one of the most important price zones of this cycle before the start of an upward breakout. XRP Lost a Support, Now All Eyes Are on the $0.87 Zone According to the XRP chart analyst ChartNerd, the recent drop in XRP price began after it failed to hold the $1.19 support level. That breakdown also pushed the token below its important 0.786 Fibonacci retracement, opening the door for another move lower. He believes the next major support sits between $0.84 and $0.87, where XRP’s long-term Gaussian Channel and the 0.854 Fibonacci level meet. According to the analyst, this area has historically marked the end of bear markets and the beginning of new upward trends. The analyst also pointed out that every major XRP bull market, including the rallies in 2017, 2021, and the 2024 breakout, started only after XRP returned to its long-term Gaussian Channel. That same middle regression band now sits around $0.84, making it one of the most closely watched levels on the chart. Historical XRP Bear Markets Suggest the Worst May Be Near Further into the analysis, ChartNerd suggests the current XRP correction may be less severe than previous bear market cycles. Historically, XRP has experienced declines of 85% to 96%, with bear markets lasting between 400 and 790 days. In comparison, the current downturn has seen a roughly 69% decline over about 11 months, making it relatively shallow
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XRP at 22:00 tonight. WTF. Is the bull run about to begin. Hold onto what happens next. Good or bad.
XRP is showing a power move after the Clarity Act. Why it's leading: - $XRP is the biggest direct beneficiary of clearer US crypto rules. - $XRP is built for payments and cross-border money transfers. The Clarity Act gives Ripple legal clarity to expand RLUSD (their stablecoin) inside the US. - $XLM, $ADA, and $HBAR are rallying for the same reason. They're all payment-focused coins that win under the new rules.
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