The post $275 Million Added to RLUSD as XRP Ledger Network Activity Rises appeared on BitcoinEthereumNews.com.
Ripple USD stablecoin (RLUSD) has seen a significant increase in activity over the last seven days, especially on the XRP Ledger. Hussein Zangana, XRP Ledger Foundation Director of Community, who goes by the name Vet on X, shares this information in a recent tweet. According to Vet, who is also an XRP Ledger dual validator, there were “lots of minting and redeeming of RLUSD on XRP.” Lots of minting and redeeming of $RLUSD on XRP this week. Net inflow liquidity of +$275M. Binance also handled some RLUSD – ICYMI they also service RLUSD on XRP. Good chances we see next week Gemini with end of month mint/redemptions. pic.twitter.com/zYOIhO3ZgT — Vet (@Vet_X0) May 24, 2026 The past week saw a significant number of mint and burn transactions, some of which were reported by the Ripple Stablecoin tracker X account. You Might Also Like Crypto King Barry Silbert: Privacy Era is Here Zca
The XRP Ledger is moving through another important update process, and this one is not only about adding new features. Version 3.2.0 is now in development, according to XRPL validator Vet, who said the update is meant to further strengthen the foundation that XRP runs on. The upcoming XRP Ledger update is less about short-term price hype and more about what it says about the network’s direction, following the recent activation of version 3.1.3 in early May. XRP Ledger Version 3.2.0 Is Coming XRP Ledger version 3.1.3 is now active, and attention has now moved to what comes next for the network. Hussein Zangana, Director of Community at the XRP Ledger Foundation, known on X as Vet, confirmed that version 3.2.0 is currently in development, describing it as an update to further strengthen the foundation on which the XRP Ledger is built. Related Reading: Why Questions Are Being Raised about The XRP Ledger’s 300,000 Milestone According to Vet, update 3.2.0 is in development to further stre
A crypto analyst has identified a mistake in XRP’s current pricing, highlighting how its low price does not reflect its true value. According to the expert, XRP at $2 suggests the market still views the third-largest cryptocurrency as a speculative asset without real growth drivers. He noted that once XRP starts being used to move value globally, its price would appreciate to reflect its real valuation, potentially pushing the cryptocurrency into the four- to five-digit range. Analyst Calls XRP at Single-Digit Valuations A Mistake According to BarriC, a crypto market analyst on X, many investors are still treating XRP as a short-term trade instead of viewing it based on its intended purpose. The analyst called this perspective a major “mistake,” especially as XRP continues to trade around $2. BarriC explained that most retail traders remain focused on price speculation, often debating whether XRP can eventually reach targets like $3, $5, or even $10. However, the analyst believes this
XRP is still capped by ongoing volatility in the market, limiting its price below the $1.40 level, but its market dynamics are beginning to experience a crucial change. This shift in dynamics is currently being reflected in the Whale Vs Retail Delta, which is exhibiting a bullish move once again. A Positive Shift In XRP […]
XRP and DOGE price action contrasts with rising demand for reward-based presales like BlockDAG TURBO in 2026. XRP is trading near $1.36 with futures open interest hitting a two-month high, while Dogecoin sits around $0.10 with no recurring holder rewards…
The OCC's charter approvals could reshape the crypto industry's regulatory landscape, enhancing federal oversight and competitive dynamics.
The post Digital Chamber defends OCC’s bank charter approvals for Coinbase, Ripple against Senator Warren’s claims appeared first on Crypto Briefing.
Ripple has filed two new U.S. trademark applications covering its Triskelion design and word mark. The filings have drawn attention because they list several services tied to institutional finance, trading, treasury systems, and asset management. According to reports shared on…
CME's 24/7 trading for XRP futures enhances institutional access, potentially increasing liquidity and aligning crypto with traditional markets.
The post CME launches 24/7 futures trading for XRP on May 29 appeared first on Crypto Briefing.
XRP trades near $1.39-$1.47 in late May 2026, down approximately 26% year-to-date and 34% year-on-year despite multiple institutional catalysts that historically would have driven significant price appreciation. Five-spot (XRP) ETFs are now trading in the US with cumulative inflows of…