Latest news with #XRPLedger
Yahoo
3 days ago
- Business
- Yahoo
XRP Volatility Spikes With $105M in Longs Liquidated Amid ETF Jitters
What to Know XRP posted sharp losses during the July 24–25 session, dropping 8% as the token traded in a $0.30 range from $2.96 to $3.26. An early session rally fizzled after profit-taking intensified near the resistance level, while a sudden liquidation wave wiped out more than $100 million in long positions. Despite the selloff, key support at $3.06–$3.10 held through repeated tests, with late-session price action showing signs of potential stabilization. Nature's Miracle and Brazil's VERT made headlines with new XRP-based strategies, but institutional sellers dominated the tape amid fears that ETF approvals may face delays. News Background • XRP traded in a 7.85% range between $2.96 and $3.26 over 24 hours starting July 24 at 05:00.• Coinglass data showed over $18 billion in total crypto liquidations during the session.• XRP long liquidations topped $105 million, contributing to rapid declines.• Nature's Miracle announced a $20 million XRP treasury plan.• Brazil-based VERT deployed a $130 million blockchain solution built on the XRP Ledger. Price Action Summary The session opened at $3.13 and saw a sharp drop to $2.96, followed by a bounce to a $3.26 high at 15:00 on 175.94 million volume — more than double the average. However, resistance at $3.24–$3.26 capped gains. Price collapsed again late in the session, dropping to $3.05 during the 03:00–04:00 window on a 6.2 million volume spike, likely due to forced selling or liquidation flows. XRP recovered modestly to close at $3.08. Technical Analysis • Trading range of $0.30 between $2.96 low and $3.26 high.• Heavy resistance confirmed at $3.24–$3.26 after rejection post 15:00 rally.• Critical support at $3.06–$3.10 tested repeatedly with volume-backed bounces.• Final hour shows breakdown to $3.05 before reclaiming $3.08 — a possible bullish reversal signal.• Liquidation-driven volatility suggests increased risk, but firm bid zones offer short-term structure. What Traders Are Watching • Whether XRP can hold the $3.06–$3.10 zone into the next session.• Impact of further ETF-related developments from U.S. regulators.• Signs of institutional reentry or renewed retail participation above $3.15.• Broader crypto market stability following multi-billion-dollar liquidations.
Yahoo
4 days ago
- Business
- Yahoo
Brazil's VERT Debuts Tokenized Credit Platform on XRP Ledger With $130M Issuance
VERT, a Brazilian securitization and fund manager, said on Wednesday it debuted a blockchain-based platform to handle private credit transactions on the XRP Ledger (XRP) and its Ethereum-compatible sidechain, bringing more tokenized real-world assets to the ecosystem. The platform's first transaction was the issuance of a BRL 700 million, or $130 million, Agribusiness Receivables Certificate (CRA), a regulated instrument used to finance agricultural production, according to a press release. The CRA pools future cash flows owed by agribusinesses such as loan repayments into securities for investors. Agriculture accounts for over 20% of Brazil's GDP, making the sector a key testbed for digital financial tools. The issuance underscores the accelerating trend of real-world asset (RWA) tokenization, using blockchain rails to handle transactions with traditional financial instruments like bonds, credit and funds. The process promises faster and more efficient settlements and broader investor access compared to traditional banking channels, especially in emerging economies with less developed capital markets. XRP Ledger's role as a tokenized RWA hub has been growing, with Dubai selecting the network for its ambitious real estate tokenization plan to put $16 billion of property deeds on-chain by 2033. By recording the asset's issuance and lifecycle events directly on-chain, VERT said its system improves transparency and traceability for structured credit operations. The platform integrates with Brazil's regulated financial infrastructure and uses off-chain redundancy to meet compliance standards, the firm said. "It is a concrete step towards the evolution of tokenization as a structural pillar of the modern capital market," Gabriel Braga, digital assets director at VERT, said in a statement. "Tokenization also addresses the demand for greater transparency of operations, coming mainly from foreign investors." Ripple, a key contributor to the XRP Ledger, also contributed in the project. "Agribusiness plays an essential role in Brazil's economy, and improving how credit is structured and tracked in this sector is a meaningful advancement," said Silvio Pegado, Ripple's managing director of the Latin America region. "This milestone demonstrates how blockchain technology, through the XRP Ledger, can serve as reliable infrastructure for modernizing financial markets that are foundational to national growth." VERT said future plans include to expand the platform to additional asset classes and structured credit deals worth over $500 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
5 days ago
- Business
- Business Upturn
XRPChain Kicks Off Its Presale with Up to 200x Potential and Massive USDT Referral Instant Payouts
By GlobeNewswire Published on July 24, 2025, 04:21 IST ;New York,NY, July 23, 2025 (GLOBE NEWSWIRE) — The next major opportunity in crypto is now live. XRPChain , a new Layer 2 network designed to supercharge the XRP ecosystem, has officially launched its presale, and it's bringing the full package. XRPChain is shaping up to be one of the most aggressive and rewarding launches of the year. Built on top of the XRP Ledger, XRPChain brings programmability, scalability, and cross-chain functionality to a blockchain known for its speed but limited by its base-layer capabilities. This Layer 2 implementation unlocks smart contracts, decentralized apps, and dynamic token interactions, all while keeping the core benefits of XRP, low fees, high throughput, and rapid settlement. XRPChain is developed and maintained by XRP Chain Ltd, a private limited company registered in England and Wales (Company No. 16317529), incorporated under the Companies Act 2006. This foundation adds structure, accountability, and long-term vision to the project. A Presale Model That Rewards Action The presale uses a time-based dynamic pricing structure. Prices decrease slightly every few days, rewarding those who act early while keeping the competition sharp. To increase engagement, a live investor leaderboard is updated in real time, with top contributors battling for tiered rewards, including a $100,000 USDT payout for the leaderboard winners. Referral marketing is also being deployed with precision. Users can earn 10% in USDT (paid instantly) or 15% in $XRPL2 tokens claimable at TGE, with each referral tracked on a personal dashboard. Participants can generate a custom link and choose how they'd like to be rewarded, bringing true control and transparency to community growth mechanics. Universal Access XRPChain is removing barriers to entry by supporting both crypto and fiat purchases, including Ethereum, BNB, Polygon, BTC, Visa, Mastercard, and Google Pay. Anyone, regardless of technical background or region, can join the presale with just a few clicks. Not Just a Token, a Full-Scale Ecosystem XRPChain isn't a meme project or vaporware launch, it's an entire infrastructure layer. Early buyers are getting access to a live, evolving suite of tools and protocols designed to bring real use to XRP and real opportunity to investors. These include: XRPChain Layer 2 Network A scalable blockchain layer built to extend XRP's functionality with support for smart contracts, token standards, and permissionless applications. A scalable blockchain layer built to extend XRP's functionality with support for smart contracts, token standards, and permissionless applications. Swap and DEX Module A built-in swap interface and decentralized exchange for instant token trading, powered by liquidity pools within the ecosystem. A built-in swap interface and decentralized exchange for instant token trading, powered by liquidity pools within the ecosystem. Cross-Chain Bridge Secure, low-latency bridging between major networks including Ethereum, BSC, Polygon, and Bitcoin, using standards like XLS-38d for XRPL compatibility. Secure, low-latency bridging between major networks including Ethereum, BSC, Polygon, and Bitcoin, using standards like XLS-38d for XRPL compatibility. Developer IDE Web-based IDE for writing, deploying, and testing smart contracts with WASM, Hooks, and XRPChain scripting, with built-in wallet and explorer tools. Web-based IDE for writing, deploying, and testing smart contracts with WASM, Hooks, and XRPChain scripting, with built-in wallet and explorer tools. AI Toolset Automated trading, investment insights, risk management, and predictive models integrated with a user-friendly dashboard. Automated trading, investment insights, risk management, and predictive models integrated with a user-friendly dashboard. Telegram Bot Suite Native tools for swapping, tracking investments, and managing referrals directly within Telegram, with wallet integration. Native tools for swapping, tracking investments, and managing referrals directly within Telegram, with wallet integration. Investor Dashboard Real-time portfolio overview including token balance, referral earnings, leaderboard position, and presale statistics. Real-time portfolio overview including token balance, referral earnings, leaderboard position, and presale statistics. Virtual Debit Cards Allowing users to spend crypto directly, both online and offline, without needing to convert manually. Allowing users to spend crypto directly, both online and offline, without needing to convert manually. Marketplace A space to spend, trade, or use earned tokens for goods, services, and digital utilities within the XRPChain ecosystem. A space to spend, trade, or use earned tokens for goods, services, and digital utilities within the XRPChain ecosystem. Staking Earn yield on held tokens, support the network, and gain ecosystem incentives through built-in staking. Earn yield on held tokens, support the network, and gain ecosystem incentives through built-in staking. Governance Framework Token holders participate in proposal voting, protocol upgrades, and community decisions. Token holders participate in proposal voting, protocol upgrades, and community decisions. Referral and Leaderboard Systems Designed to reward viral growth and high-contributing investors with transparent ranking and payout structures. With the presale now live, XRPChain is inviting early supporters to grab their share before the next price drop. Referral rewards, leaderboard prizes, and claimable earnings are already active. As the first Layer 2 built to bring utility to XRP, this isn't just another launch, it's a chance to be early on something built to scale. Join the presale at and start earning from the moment you connect. Join the Official XRPChain Community: Telegram Chat: Announcements: Twitter: . Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Copts Today
6 days ago
- Business
- Copts Today
Unveiling the Mystery Behind XRP"s Price Surge in Pounds
The cryptocurrency market has witnessed a remarkable event recently: the price of XRP against the xrp price pounds has skyrocketed. This sudden and significant increase has caught the attention of investors, traders, and market analysts alike. In this article, we will delve into the possible reasons behind this astonishing price surge. One of the key factors contributing to the rise in XRPs price against the pound is the positive regulatory news. In recent months, there have been signs of more favorable regulatory stances towards XRP in several countries. For example, some regulatory bodies have clarified the legal status of XRP, stating that it is not a security in certain contexts. This clarity has reduced the regulatory uncertainty that has long haunted XRP. As a result, more institutional investors, who were previously hesitant due to regulatory risks, are now more willing to enter the XRP market. In the UK, where the pound is the local currency, this new - found regulatory confidence has led to increased demand for XRP, driving up its price. XRPs underlying technology has also played a crucial role in its price increase. Ripple, the company behind XRP, has been continuously working on improving the XRP Ledger. New features such as faster transaction speeds, lower fees, and enhanced scalability have been introduced. These technological improvements make XRP a more attractive option for cross - border payments and remittances. In the UK, which has a large and active financial services sector, the efficiency of XRP for international transactions has been recognized. Financial institutions and payment service providers are increasingly exploring the use of XRP for their operations, leading to a surge in demand and subsequently, an increase in its price against the pound. Market sentiment and speculation can have a significant impact on cryptocurrency prices, and XRP is no exception. The recent price surge has created a sense of FOMO (fear of missing out) among traders and investors. Social media platforms and cryptocurrency forums are abuzz with discussions about XRPs potential. Positive news and price predictions from well - known analysts have further fueled the speculation. Traders are buying XRP in anticipation of further price increases, which in turn drives up the price. In the UK market, the combination of a growing interest in cryptocurrencies and the hype around XRP has led to a significant influx of capital into the XRP market, pushing up its value against the pound. Global Economic Factors Global economic factors also play a role in XRPs price movement against the pound. The UK economy, like many others around the world, has been facing various challenges such as inflation and currency fluctuations. In times of economic uncertainty, some investors turn to alternative assets like cryptocurrencies. XRP, with its potential for high returns and its perceived independence from traditional financial systems, has become an attractive option. Additionally, the weakening of the pound in the international market due to factors such as Brexit - related uncertainties and global economic trends has made XRP relatively more valuable when priced in pounds. This has contributed to the observed price surge. In conclusion, the recent surge in XRPs price against the pound is the result of a combination of positive regulatory developments, technological advancements, market sentiment, and global economic factors. As the cryptocurrency market continues to evolve, it will be interesting to see how these factors interact and whether the price of XRP against the pound will continue to rise.
Economic Times
6 days ago
- Business
- Economic Times
XRP leaves Bitcoin in the dust? Ripple hits all-time high against BTC in shocking surge
Synopsis XRP price hits all-time high – Ripple just shocked the crypto world! XRP skyrocketed past its 2018 high, hitting $3.70, as daily volume on the XRP Ledger surged 50% to $1.4 billion. With a golden cross, bullish signals, and talk of hitting $10 soon, XRP could be leading the next big altcoin rally. Retail and institutional eyes are watching closely—this breakout may just be the start. XRP's rising dominance and growing Washington support are making it a top contender in crypto right now. Can it really outperform Bitcoin? Agencies XRP price prediction beats Bitcoin surge — Backed by powerful data, XRP just smashed through its 2018 high, touching $3.70 as daily transaction volume on the XRP Ledger soared 50% to $1.4 billion. Technicals confirm the move: a golden cross, rising open interest, and MACD bullish crossover all point to a potential breakout toward $7–$10. XRP dominance is nearing 5.75%, a level unseen in over 2,200 days—if broken, it could signal an altcoin-led rally. XRP Leaves Bitcoin in the Dust: Can Ripple Hit $10 in 2025? XRP just stunned the crypto world, surging past its 2018 high of $3.70 and igniting speculation that it might be on track to outperform Bitcoin. With daily transaction volume on the XRP Ledger jumping 50% to $1.4 billion, this isn't just a price rally—it's a full-blown ecosystem breakout. From technical breakouts to macro-level adoption and institutional inflows, XRP is checking all the boxes of a top-performing altcoin in a new bull cycle. XRP is currently trading around $3.54–$3.57, just under its all-time high of $3.66. The recent rally is driven by: XRPL Activity Explosion : Daily volume on the XRP Ledger has skyrocketed to $1.4 billion. : Daily volume on the XRP Ledger has skyrocketed to $1.4 billion. Bullish Technicals : A golden cross (20-day SMA over 200-day SMA) has formed, signaling strong upside potential. : A golden cross (20-day SMA over 200-day SMA) has formed, signaling strong upside potential. Institutional Interest : Open interest in XRP derivatives is rising sharply, nearing $11 billion. : Open interest in XRP derivatives is rising sharply, nearing $11 billion. Washington Policy Tailwinds: The Genius Act and crypto-friendly regulation under Donald Trump are boosting investor confidence. 'We're witnessing an unprecedented spike in XRPL activity, marking renewed confidence from both the developer ecosystem and institutional players.' — David Schwartz, CTO at Ripple Yes—and it's a big one. Analysts are tracking a classic cup and handle pattern on the chart. A confirmed breakout above $3.52–$3.56 could unlock the next wave toward $4.50 and beyond. Key levels to watch: Price Level Significance $3.28 200-day SMA—long-term support $3.35 Handle bottom—psychological pivot $3.44 Bollinger Band midline—local support $3.66–$3.84 All-time high zone—critical breakout confirmation $4.00+ Short-term target post breakout Over the last month, XRP has outpaced BTC by more than 60% in USD terms. It's also gaining ground in BTC pairs, with XRP/BTC now approaching the 0.038 resistance mark. If it breaks through, we could see a broader altcoin shift away from Bitcoin dominance. $3.80–$4.47 possible, according to Peter Brandt and Bitget, if momentum holds. possible, according to Peter Brandt and Bitget, if momentum holds. Break above $3.56 could trigger short-term price action up to $4.00–$4.50 . could trigger short-term price action up to . Weekly forecast: 8–20% upside projected by end of July. $5.00–$10.00 range viewed as likely if institutional flows, ETF approvals, and macro trends stay positive. range viewed as likely if institutional flows, ETF approvals, and macro trends stay positive. Dr. Cat (NewsBTC) believes a $6–$10 surge is possible if Bitcoin reaches $144K. $20–$30 targets are being floated by analysts like XRPunkie and CoinCentral. targets are being floated by analysts like XRPunkie and CoinCentral. The MVRV golden cross has triggered some extremely bullish projections, including a speculative $22–$45 range . has triggered some extremely bullish projections, including a speculative . Gann analysis suggests XRP could even touch $45 in the next bull cycle—but caution is warranted. XRP Dominance (XRP.D) is nearing 5.75%, a key resistance zone not breached in over 2,200 days. Breaking above it could trigger the next explosive move. However, wallet data and HODLer activity hint at a short-term cool-down or consolidation phase. Traders should watch for failed breakouts or divergence in on-chain metrics. Timeline Conservative Target Moderate Estimate Speculative Bull Case Short-Term $3.80–$4.47 — — Q4 2025 ~$5.00 $6.00–$10.00 — 2026+ $7.00–$20.00 — $22.00–$45.00 All signs point to XRP being one of the early leaders of the next crypto bull cycle. With soaring transaction volume, bullish chart patterns, ETF whispers, and political momentum, XRP may be gearing up for a breakout that leaves even its 2018 rally in the dust. That said, a short-term pullback wouldn't be unusual, and key resistance levels like $3.66, $3.84, and XRP.D > 5.75% need to be breached to unlock the full upside potential. XRP hit a new multi-year high at $3.70 , surpassing its 2018 peak. , surpassing its 2018 peak. Ledger volume surged 50% to $1.4 billion per day. to $1.4 billion per day. Analysts predict $5–$10 by late 2025 , with $20+ in play long term. , with $20+ in play long term. Technical momentum remains strong , supported by golden cross and MACD crossover. , supported by golden cross and MACD crossover. Short-term consolidation is possible, so watch support levels carefully. XRP is currently trading at around $3.54, showing a modest 1.1% increase on the day, with intraday highs near $3.58. Over the past month, XRP surged approximately 50–60%, breaking from under $2.40 earlier in July to reclaim multi-year highs near $3.70. This momentum has been further bolstered by favorable on-chain activity and rising institutional interest. While Bitcoin remains the top digital asset by market cap, XRP is currently outperforming BTC in several key metrics, including price growth, transaction volume, and ecosystem activity. XRP recently surpassed its 2018 high, hitting $3.70, while also gaining market share in BTC pairings. If you're seeking short- to mid-term gains and exposure to a fast-growing network with increasing institutional interest and favorable regulatory momentum, XRP could offer better risk-reward potential than Bitcoin at this moment. However, Bitcoin is still considered a long-term store of value, whereas XRP is more of a utility-driven asset focused on payment rails and liquidity. Yes, multiple analysts believe XRP can potentially reach the $7–$10 range by the end of 2025, especially if current bullish momentum continues. The XRP Ledger has seen a 50% spike in daily transaction volume, while open interest in XRP derivatives and technical indicators like the golden cross and MACD crossover are pointing to continued strength. Furthermore, XRP dominance (XRP.D) is nearing a breakout level at 5.75%—if cleared, this could unleash a massive price surge. However, it's important to note that such targets depend on broader market sentiment, Bitcoin stability, and continued adoption of XRPL technology. XRP's recent rally is fueled by a combination of technical breakout patterns, ecosystem growth, and increasing institutional and retail interest. The XRP Ledger saw transaction volumes rise sharply to $1.4 billion daily, while XRP formed a cup-and-handle pattern on the charts—a strong bullish indicator. Additionally, support from regulatory circles in Washington, including policy direction under Donald Trump's administration, has made XRP more attractive to institutions. A golden cross (where the 20-day moving average crossed above the 200-day) and positive momentum in derivatives markets have further added fuel to the surge. Like all cryptocurrencies, XRP carries a degree of volatility and risk, especially in the short term. Despite its strong fundamentals and growing adoption, XRP is still subject to regulatory developments, global market cycles, and speculative trading behavior. That said, many investors view XRP as having a better risk-reward profile in 2025 due to its clear utility in cross-border payments and growing traction in the financial ecosystem. As always, it's crucial to do your own research and consider diversifying your investment to manage risk effectively. Unlike most altcoins that primarily serve as speculative assets, XRP is a utility-driven token used to facilitate fast, low-cost international payments on the XRP Ledger. It was designed to work with financial institutions, and it's increasingly being adopted by banks, fintech companies, and payment processors. Additionally, the XRP Ledger supports smart contracts, NFTs, and decentralized finance (DeFi), making it a more versatile platform compared to many traditional Layer 1 tokens. This unique blend of speed, scalability, and institutional focus sets XRP apart in the crowded crypto landscape. Key indicators to watch include XRP's price movement near historical resistance levels, particularly $3.66 and $3.84. Traders also monitor XRP dominance (XRP.D)—a breakout above 5.75% could trigger a major price leg. Technical patterns like the cup-and-handle, golden cross, and bullish MACD crossover are strong signs of upward momentum. Additionally, keep an eye on transaction volume on the XRP Ledger and open interest in XRP derivatives. A sudden spike in either could hint at another breakout rally. XRP has the potential to be a cornerstone of institutional crypto infrastructure, especially in cross-border payments and liquidity management. If regulatory clarity continues to improve and adoption accelerates, XRP could see significant long-term value. Some analysts even predict XRP reaching $20–$45 by the late 2020s, particularly if Ripple's ongoing partnerships with central banks and financial institutions bear fruit. However, long-term investors should remain cautious of global market conditions, evolving regulation, and competitive pressures from other blockchain networks.
