XRP Ledger Gains Attention As Saudi Tokenization Ambitions Accelerate

Failed transactions on the XRP Ledger climbed sharply this week alongside a burst of new user activity, as on-chain data pointed to a wave of participation that accompanied the token’s latest price recovery. Wallets Running Toward 8 Million Total activated accounts on the XRP Ledger reached 7,856,080, putting the network within striking distance of a milestone that has been building for months. Related Reading: Bitcoin Faces Major Test As 37% Recovery Collides With Bear Resistance That figure was pushed higher by a surge in new wallet creation — 3,317 fresh wallets were added in a single day, the strongest reading since March 19. New wallet activity had been relatively quiet for much of May, dipping to around 2,200 on May 10 before climbing back up in the days that followed. Active addresses on the network also jumped. According to Santiment, 48,453 unique addresses were active within a 24-hour window — the highest count since March 30. XRP’s price had climbed above $1.54 during that p

The XRP Ledger's actitivity reached a multi-month high of its own.

The post Hana Financial Acquires 6.55% Stake in Dunamu for $670M appeared on BitcoinEthereumNews.com. Iris Coleman May 15, 2026 09:01 Hana Financial buys 6.55% of Dunamu, operator of Upbit, for $670M. Strategic move boosts its presence in blockchain and digital assets. South Korea’s Hana Financial Group announced it has acquired a 6.55% stake in Dunamu, the operator of the country’s largest cryptocurrency exchange, Upbit. The $670 million (1.003 trillion won) deal positions Hana as Dunamu’s fourth-largest shareholder and underscores its growing commitment to the digital asset space. According to a regulatory filing on May 15, 2026, Hana purchased approximately 2.284 million shares from Kakao Investment, which retains 1.4 million shares for “future investments.” The transaction is set to close by June 15, 2026. This move aligns with Hana’s broader strategy to “secure competitiveness in new finance through strategic equity investment,” as stated in the filing. This acqu

The post Saudi Arabia moves to tokenize its multi-billion dollar economy with droppRWA securing $12.5 billion in tokenization mandates appeared on BitcoinEthereumNews.com. DroppRWA has acquired $12.5 billion in mandates to bring real estate assets onto the blockchain, with plans to expand into the energy and manufacturing sectors. Chairman of the firm and architect behind Saudi Arabia’s national digital payments system, Faisal Monai, has led this acquisition, and the development is all part of an intense push by the Kingdom of Saudi Arabia to tokenize large portions of its economy under its “Vision 2030” timeline. Saudi’s tokenization leads exploits Faisal Monai is well known in Saudi Arabia, with a reputation that predates even Bitcoin. He designed SADAD, the Saudi Central Bank’s digital payments system, which was launched in 2004. The system replaced one that was dominated majorly by individual cash transfers, where roughly 70% of bill payments were made in person at physical branche

The post XRP Ledger Activity Jumps as Price Tests $1.55, Large Wallets Set Record appeared on BitcoinEthereumNews.com. Key Takeaways XRP Ledger activity rose sharply as price strength drew renewed wallet participation. Santiment recorded 48,453 active wallets, the network’s strongest reading since March. Sustained wallet growth could support XRP if participation remains elevated after the rally. XRP Ledger Activity Rises as Price Tests $1.55 The XRP Ledger posted its strongest 24-hour activity since March after XRP moved above $1.54 for the first time in two months, according to crypto data intelligence platform Santiment. Data showed 48,453 active XRP wallets, the highest count since March 30. Network growth reached 3,317 new XRP wallets, its highest level since March 19. Santiment’s chart tracked XRP price, daily active addresses, and network growth. Both on-chain measures rose with the price move. Active wallets showed immediate usage across the network. New wallet creation pointed

XRP Ledger activity climbed as XRP cleared $1.54, with Santiment reporting 48,453 active wallets and the strongest network growth reading since March. The surge pointed to renewed participation as price momentum returned. XRP Ledger Activity Rises as Price Tests $1.55 The XRP Ledger posted its strongest 24-hour activity since March after XRP moved above $1.54 […]

The post Consumer Crypto Hits $979B in Q1 2026 Amid Daily Use Surge appeared on BitcoinEthereumNews.com. Lawrence Jengar May 15, 2026 07:18 Crypto adoption shifts focus to payments, stablecoins, and identity as Q1 2026 retail activity hits $979B, down 11% YoY but with real-world growth. As of Q1 2026, global retail cryptocurrency activity reached $979 billion, according to data from blockchain intelligence firm TRM Labs. While this figure marks an 11% year-over-year decline, the headline contraction masks a deeper structural shift: crypto is increasingly moving from speculative trading to real-world use cases like stablecoin payments, decentralized identity, and consumer applications. This trend reflects a significant evolution in how cryptocurrency intersects with daily life. In the U.S., for instance, a May 13 report from the National Cryptocurrency Association revealed that one in four adults now use crypto for activities ranging from transactions to financial mana

The post Tokenized Assets Could Reach $1.6T by 2030, Binance Research – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways Binance Research framed tokenization as a bridge between traditional finance and blockchain systems. Tokenized penetration across fixed income, equities, real estate, private credit, and commodities remains around 0.01%. Regulatory progress could shape whether tokenized markets move beyond early institutional pilots. Tokenized Markets Move Toward Wider Adoption Binance Research published a report on May 15 that framed tokenization as a growing bridge between traditional finance and blockchain infrastructure. The report said real-world assets ( RWAs) could form a much larger market by 2030 as institutions test digital versions of familiar financial products. Its base case placed the opportunity near $1.6 trillion. Treasury products, gold-backed commodities, and tokenized public equities remain among the clearest areas of activity. U.S. Treasury-linked t