By Jordan Lyanchev Ripple’s native token has not been spared by the broader market’s weakness, and it posted a 21-month low at just under $1.00 a couple of days ago. Moreover, it closed at its lowest level since November 2024, as its recovery above that psychological support hasn’t been all that impressive. However, on-chain analysis […]
Tag: RLUSD
By Chayanika Deka XRP’s price has remained under pressure, alongside the choppy price action seen across other major crypto assets. It has struggled throughout the summer, shedding almost 30% since mid-May. But the slump hasn’t stopped whale wallets from growing. Biggest Wallets Are Quietly Growing According to Santiment’s latest analysis, the number of wallets holding […]
Key highlights: XRP holders can use wrapped XRP as collateral to borrow RLUSD on Ethereum through a new institutionally reviewed lending market. The FXRP market launched with strong early demand as the initial 1 million RLUSD liquidity allocation was fully borrowed within hours. Flare is developing a simpler borrowing process that would allow users to […]