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.

Finance

Corporate Bitcoin Treasuries Are All the Rage. Now XRP?

Worksport, a Nasdaq-listed manufacturer of covers for pickup trucks, has decided to not only buy bitcoin for its corporate treasury, but also Ripple's XRP.

By Helene BraunDec 5, 2024

Markets

XRP Account Fees Fall by 90% After XRPL Validator Vote

Account Reserve has shifted to 1 XRP from 10 XRP, and creation fees for trustlines or objects is down to 0.2 XRP from 2 XRP.

By Shaurya MalwaDec 4, 2024

Markets

Move Over XRP's Korea Narrative, The 400% Price Rally Has Support of Coinbase Whales

While Korean investors have contributed to XRP's impressive 30-day price surge of over 400% to $2.60, they're not the only game in town.

By Omkar GodboleDec 4, 2024

Markets

XRP Records Highest Ever ‘Whale’ Activity as 7-Day Price Gains Near 100%

Whales can move markets with their buying or selling pressure, and tracking this can indicate their market sentiment.

By Shaurya MalwaDec 3, 2024

ETH whale go bargain hunting. (Pexels/Pixabay)

Videos

XRP Surges 380% in One Month, Flipping Tether to Become Third Largest Crypto

XRP, the payments-focused cryptocurrency, has skyrocketed over 380% in the last 30 days. This comes as bitcoin struggles to cross $100,000 amid faltering bitcoin dominance. CoinDesk's Christine Lee presents the "Chart of the Day."

Dec 2, 2024

XRP Surges 380% in One Month, Flipping Tether to Become Third Largest Crypto

Markets

XRP Replaces Tether as 3rd-Largest Cryptocurrency While BTC Faces $384M Sell Wall

XRP has surged more than 20% in 24 hours, leapfrogging Tether's USDT.

By Omkar GodboleDec 2, 2024

Table of cryptocurrencies arranged by market capitalization. (Coingecko)

Markets

XRP Surges 14%, Nears $1.70 Level Last Seen in April 2021

XRP surged 14% in the past 24 hours, outpacing bitcoin and other majors, extending a month-long run that has seen its price triple.

By Shaurya MalwaNov 29, 2024

Nasdaq futures chalks out golden cross. (Flickr)

Markets

XRP Outperforms Crypto Majors as Japan Yen Strength Signals Bitcoin Trouble

Yen breached the key 150 level against dollars early Friday, a move that has previously catalyzed the unwinding of carry trades.

By Shaurya MalwaNov 29, 2024

Videos

XRP Hodlers Win $1.5B in Weekly Profits, Morocco to Legalize Crypto

XRP long-term holders made a weekly gain of $1.5B in profits, while Ripple Labs injects $25 million in the next U.S. election cycle. Plus, Tornado Cash wins a major legal victory and Morocco is preparing to legalize cryptocurrencies. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

Nov 27, 2024