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

Ether, XRP Down 5% as Crypto’s Painful Week Continues; APT Jumps 10% Amid Aptos ETF Registration in Delaware

Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.

By Shaurya MalwaFeb 27, 2025

A person appears to hold arrows in each hand, one pointing up the other down. (CoinDesk archives)

Markets

XRP Keeps Rally Hope Alive as Price Holds 38.2% Fibonacci Level, DOGE Uptrend Ends

Fibonacci retracement levels serve as potential areas from which prices resume the primary trend.

By Omkar GodboleFeb 26, 2025

XRP holds key Fib level to keep bulls' hopes alive. (geralt/Pixabay)

Markets

Bullish Crypto Bets Lose $1.2B as Bitcoin Fumbles to Under $89K, XRP Down 14%

Liquidations crossed the $1.35 billion level in the past 24 hours as a market slide worsened.

By Shaurya MalwaFeb 25, 2025

Liquidations. (Thomas M. Barwick/Getty Images)

Markets

Solana Plunges 14%, XRP, Dogecoin Down 8% as Crypto Market Sell-Off Worsens

Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market growth.

By Shaurya MalwaFeb 25, 2025

The crypto market has been sliding this week. (Pezibear/Pixabay)

Finance

Donald Trump Shares CoinDesk's XRP Article on Truth Social, Spurring Bullish Sentiment

Trading volume for XRP is up by 26% to $5.5 billion in the past 24 hours.

By Oliver KnightFeb 19, 2025

Bitcoin price could be tied to the outcome of the U.S. election, Jefferies said. (Danny Nelson/CoinDesk)

Markets

XRP in Focus as Elon Musk’s DOGE Sets Eyes on SEC

Market watchers believe a clampdown on the U.S. Securities and Exchange Commission could turn out bullish for tokens previously targeted by the agency.

By Shaurya MalwaFeb 18, 2025