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Tag: XRP

XRP Ledger’s Decentralized Exchange Hits New Milestone with Over 7.5 Million $XRP Locked
25Apr By Kayode Oke MichaelNo Comments
XRP News

XRP Ledger’s Decentralized Exchange Hits New Milestone with Over 7.5 Million $XRP Locked

The XRP Ledger's automated market maker (AMM) has achieved a total value locked (TVL) of over 7 million $XRP, according to DeFi analytics platform DeXfi. The TVL has increased significantly in just a few weeks, with more trading pairs with XRP and larger inflows contributing to the growth of the locked assets. The locked assets, which include XRP, Sologenic ($SOLO), USD Coin ($USDC), Bitcoin ($BTC), and Coreum ($CORE), are worth approximately $4 million. The 3.7 million XRP tokens contribute approximately $2 million to the locked assets. https://twitter.com/Vet_X0/status/1782927240658870335 Read Also: Exploring the Link between Global Events and the Recent Surge in Bitcoin and XRP Coin Prices The Overview of SOLO/XRP AMM The SOLO/XRP AMM pool holds the largest share of locked as...
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Exploring the Milestone of SHIB Hits 4M Addresses: What It Means for XRP and NUGX Investors
15Apr By Kayode Oke MichaelNo Comments
Blockchain

Exploring the Milestone of SHIB Hits 4M Addresses: What It Means for XRP and NUGX Investors

The cryptocurrency market is an ever-evolving landscape, with new players entering the field and established ones gaining momentum. Among the most prominent are Shiba Inu (SHIB), NuggetRush (NUGX), and Ripple (XRP). Shiba Inu has made a remarkable achievement by surpassing 4 million unique addresses. This milestone reflects its growing popularity and solidifies its position as a prominent meme coin. According to recent data from Into The Block, around 200,000 new addresses have been added since March 1st, indicating a broader trend of increasing interest in alternative cryptocurrencies. Read Also: XRP Performance Against Bitcoin Raises Concerns Among Investors How Does NuggetRush (NUGX) Leverage NFTs to Revolutionize Play-to-Earn Gaming? NuggetRush, on the other hand, has gained gl...
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What Factors Influence XRP’s Price After a 92% Volume Surge?
11Apr By Kayode Oke Michael1 Comment
XRP News

What Factors Influence XRP’s Price After a 92% Volume Surge?

Over the past 24 hours, Ripple's XRP token has experienced a significant surge in trading volume, reaching 92.36% growth and totaling at $4.8 billion according to CoinMarketCap's data. This increase in volume was accompanied by a rise in XRP's price, which has grown by 9.2% since April 4th. Read Also: Crypto Revolution: Ripple CEO Anticipates Market Cap Explosion to Surpass Apple and Nvidia A massive Rise in volume However, while this recent price movement may seem positive, it is important to consider the broader trend for XRP. After testing the $0.7440 level on March 11th, XRP's price has declined significantly, exhibiting multiple lower lows and lower highs and establishing a bearish trend. Even with the recent surge in price, it is unlikely to reverse this trend.   ...
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XRP As Means Of Cross-Border Payment Services In The U.S.A
5Feb By Daniel AbangNo Comments
XRP News

XRP As Means Of Cross-Border Payment Services In The U.S.A

XRP Entering The US Market Ripple made this declaration through its Senior executive and Head of Product Marketing Payment, Oliver Segovia. The Ripple executive as of late revealed on LinkedIn that the Payment firm intends to extend its footprint locally, especially in the U.S. Segovia mentioned that 90% of Ripple's business caters to entities abroad in spite of having its worldwide base camp in the U.S. Specifically, he conceded the American crypto payment firm has kept a subdued presence in the U.S. market for three years. Read Also: Could This Three Support Level Work For XRP In February: A Tale To Watch Notwithstanding, there is going to be an end calm as Ripple wheels to present product introduction utilizing its local money transmitter licenses (MTLs). Review that Ripple ho...
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Ripple’s Chairman Theft: Binance Freeze More $4 Billion Worth Of XRP
2Feb By Daniel AbangNo Comments
Blockchain

Ripple’s Chairman Theft: Binance Freeze More $4 Billion Worth Of XRP

The Ripple Chairman's hack escapade was made known by a prominent Crypto investigator which led to the action by the leading Cryptocurrency Exchange platform's decision as was made known by Richard Teng in a post on X last evening. As indicated by Teng, they found out that the exploit affected Larsen's account on Binance early and figured out how to freeze the part of the asset the hacker intended to obtain through the Binance platform. https://twitter.com/_RichardTeng/status/1753100751713517903 The CEO Hack Recall that Larsen experienced a hack assault on his own XRP account a month ago. While the hack happened late Jan. 30, it didn't come into the spotlight until Jan. 31 when ZachXBT, a well-known blockchain investigator, pointed out that such an incident had occurred. In any cas...
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EGRAG CRYPTO Identifies Critical Support for XRP at $0.55 Amidst Potential Bullish Momentum
16Nov By OLAJIDE SAMUELNo Comments
XRP News

EGRAG CRYPTO Identifies Critical Support for XRP at $0.55 Amidst Potential Bullish Momentum

Renowned market analyst EGRAG CRYPTO has identified a crucial support level for XRP at $0.55, aptly named "Val Hell Gates which now stands as a pivotal battleground for the cryptocurrency. EGRAG CRYPTO's analysis underscores the significance of defending this level to sustain XRP's upward momentum, with a potential target of $1.98 on the horizon. The analyst's insights are rooted in a comprehensive examination of XRP's recent price movements, particularly focusing on the ongoing tug-of-war between bullish and bearish forces in the market. Read Also: Manny Pacquiao Foundation Teams Up with Shiba Inu to Revolutionize Philanthropy Through Blockchain EGRAG CRYPTO's recent analysis builds upon his earlier predictions, where he initially concentrated on the short-term outlook of XRP. Fo...
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Uphold Announces Game-Changing Partnership with Ripple, Offering Users a Chance to Win 20,000 XRP
26Oct By CryptolifedigitalNo Comments
Ripple News

Uphold Announces Game-Changing Partnership with Ripple, Offering Users a Chance to Win 20,000 XRP

In a significant move within the crypto space, Uphold, a crypto exchange renowned for its user-friendly platform and extensive support for various cryptocurrencies, has unveiled an exciting partnership with Ripple, one of the blockchain industry's leading companies. This groundbreaking collaboration has the potential to open up new avenues for crypto enthusiasts and investors, while also contributing to Ripple's objective of enhancing liquidity for its cross-border payment solutions. Reason for the partnership Between Uphold and Ripple Uphold, widely known for its accessibility and diverse range of supported digital assets, is taking this partnership as an opportunity to elevate its services. Ripple, a pioneering force in the blockchain world, is strategically teaming up with Uphold to a...
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