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, DOGE Rally as SEC Acknowledges ETF Filings, JUP Cheers Token Buyback Plan

Altcoins made waves as BTC held steady despite continued outflows from spot ETFs.

By Omkar GodboleFeb 14, 2025

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

Markets

Startup Founded by Citi Alumni to Launch XRP-Backed Securities

Receipts Depositary Corp. already offers bitcoin and ether-backed securities and is now looking to expand its product suite by adding XRP.

By Helene BraunFeb 7, 2025

Markets

XRP Price Outlook Grim as Traders Go Short, Exchange Inflows Increase

XRP's perpetual funding rates remain negative, show a bias for bearish short positions.

By Shaurya MalwaFeb 6, 2025

Markets

XRP Teases 2017-Like Bull Pattern Against Bitcoin: Godbole

The XRP/BTC ratio is looking to move out of the volatility bands, signaling a bullish imbalance in the market.

By Omkar GodboleFeb 4, 2025

XRP/BTC hints at major rally ahead. (Pexels/Pixabay)

Markets

XRP, Dogecoin Plunge 25% as Crypto Liquidations Cross $2.2B on Tariffs Led Dump

XRP, dogecoin (DOGE) and Cardano’s ADA fell more than 25% to reverse all of the gains since December, reaching pre-U.S. election levels from early November.

By Shaurya MalwaFeb 3, 2025