XRP News

XRP is a digital asset created by Ripple Labs in 2012, designed to facilitate fast, low-cost cross-border payments and serve as a bridge currency between traditional fiat currencies. Unlike Bitcoin's proof-of-work consensus, XRP operates on the XRP Ledger, a decentralized blockchain that uses a unique consensus protocol to validate transactions in seconds rather than minutes.

The XRP ecosystem centers around financial institutions, payment providers, and banks seeking to modernize their cross-border payment infrastructure. Ripple's On-Demand Liquidity service leverages XRP to eliminate the need for pre-funded nostro accounts, while independent developers continue building applications on the XRP Ledger's native decentralized exchange and smart contract capabilities.

At CoinDesk, we provide comprehensive coverage of XRP news, from regulatory developments and institutional adoption to technological upgrades and market analysis. Our reporters track the ongoing legal proceedings between Ripple and the SEC, partnerships with global financial institutions, and the broader implications for cryptocurrency regulation.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

XRP Volume Overtakes Bitcoin on Coinbase as U.S. Investor Interest Grows

XRP leads volume trends on Coinbase, with BTC and ETH taking second and third places. On Binance, bitcoin is still the most in demand.

By Omkar GodboleJan 17, 2025

24-hour volume trends on Coinbase. (Coingecko)

Markets

Solana, XRP Jump as Trump Reportedly Mulls 'America-First' Strategic Crypto Reserve, but Experts Suggest Otherwise

Two crypto market observers raised concerns to CoinDesk over the idea of expanding a potential national strategic reserve to altcoins.

By Krisztian SandorJan 16, 2025

Markets

XRP's Bullish Momentum Strongest Since January 2018 as Futures Open Interest Hits Record High

XRP's price rise is accompanied by record perpetual futures open interest and surge in trading volumes.

By Omkar GodboleJan 16, 2025

XRP, DOGE and JUP rally (Jakub Żerdzicki/Unsplash)

Markets

XRP Hits 7-Year High Above $3 as Large Holders Accumulate $3.8B of Tokens

Growing speculation of a potential spot XRP ETF is one of the factors driving the surge, one crypto analyst said.

By Krisztian SandorJan 15, 2025

Markets

XRP, XLM and DOGE See Recovery in Stateside Demand

These tokens are once again prices more or less the same on Coinbase and Binance.

By Omkar GodboleJan 10, 2025

Markets

XRP Interest Jumps as Brad Garlinghouse Meets With Trump

The native token of the XRP Ledger rose more than 2% on Wednesday while most of the rest of the crypto sector saw steep losses.

By Helene BraunJan 8, 2025

Brad Garlinghouse, the CEO of Ripple Labs (Jesse Hamilton/CoinDesk)

Markets

XRP Rockets 11% as Bitcoin Starts New Year With Bullish Bang

South Korean trading volumes supported an outperformance in XRP, as a CoinDesk analysis noted earlier this week.

By Shaurya MalwaJan 2, 2025

Markets

XRP Volumes Zoom Ahead of Bitcoin, Dogecoin in South Korea. What’s Next?

South Korean markets tend to prefer XRP over larger assets such as bitcoin and ether, and a volume bump tends to precede price anomalies on local exchanges.

By Shaurya MalwaDec 31, 2024

Videos

Ripple’s RLUSD Stablecoin Triggers Trading Frenzy

"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry Tuesday as the launch of Ripple's RLUSD sparked an XRP trading frenzy. Plus, the latest on MiCA and Tether's investment in European stablecoin company StablR.

Dec 17, 2024