XRP News Today: XRP Activity Hits Almost 50K, RLUSD Nears $1.8 Billion#CryptoNewss
$XRP
$BNB
$XLC.ETF
#Market_Update XRP News: Ledger Activity Rises 6.4% as Jane Street Boosts ETF Stake
XRP News Today brings a mix of on-chain and institutional signals. XRP Ledger activity is rising, with active addresses up sharply over the past week and touching a two-month high.
#MarketAnalysis On the institutional side, Jane Street has expanded its Bitwise XRP ETF position nearly 60-fold, according to a new regulatory filing. Meanwhile, Ripple continues its South Korean expansion, partnering with Jeonbuk Bank on cross-border payments, and its RLUSD stablecoin supply is closing in on a new all-time high.
XRP News Today: XRP Ledger Active Addresses Rise 6.4% to 16.1K
#cryptouniverseofficial The biggest XRP News Today headline centers on network activity rather than price. Data shared by crypto commentators shows the 7-day average of active addresses on the XRP Ledger climbing 6.4%, now sitting at roughly 16.1K daily users.
While XRP's price tends to dominate headlines, this uptick in Ledger activity is being framed as a more meaningful indicator, since consistent daily usage reflects real transactional demand rather than short-term speculation.
Analysts tracking on-chain metrics argue that growing network usage often precedes broader shifts in sentiment, even when price action remains muted.
XRP Ledger Activity Hits Two-Month High as Daily Addresses Reach 49.9K
Beyond the weekly average, single-day figures paint an even stronger picture. Daily active addresses reportedly spiked to 49.9K around August 14, marking a two-month high for the network.
This surge in network usage arrived even as traded near or below the $1 mark, with retail sentiment described as broadly bearish.
The divergence between price weakness and rising address activity is notable, suggesting that usage growth and price trends aren't always moving in lockstep.....
$XRP
$BNB
$XLC.ETF
#Market_Update XRP News: Ledger Activity Rises 6.4% as Jane Street Boosts ETF Stake
XRP News Today brings a mix of on-chain and institutional signals. XRP Ledger activity is rising, with active addresses up sharply over the past week and touching a two-month high.
#MarketAnalysis On the institutional side, Jane Street has expanded its Bitwise XRP ETF position nearly 60-fold, according to a new regulatory filing. Meanwhile, Ripple continues its South Korean expansion, partnering with Jeonbuk Bank on cross-border payments, and its RLUSD stablecoin supply is closing in on a new all-time high.
XRP News Today: XRP Ledger Active Addresses Rise 6.4% to 16.1K
#cryptouniverseofficial The biggest XRP News Today headline centers on network activity rather than price. Data shared by crypto commentators shows the 7-day average of active addresses on the XRP Ledger climbing 6.4%, now sitting at roughly 16.1K daily users.
While XRP's price tends to dominate headlines, this uptick in Ledger activity is being framed as a more meaningful indicator, since consistent daily usage reflects real transactional demand rather than short-term speculation.
Analysts tracking on-chain metrics argue that growing network usage often precedes broader shifts in sentiment, even when price action remains muted.
XRP Ledger Activity Hits Two-Month High as Daily Addresses Reach 49.9K
Beyond the weekly average, single-day figures paint an even stronger picture. Daily active addresses reportedly spiked to 49.9K around August 14, marking a two-month high for the network.
This surge in network usage arrived even as traded near or below the $1 mark, with retail sentiment described as broadly bearish.
The divergence between price weakness and rising address activity is notable, suggesting that usage growth and price trends aren't always moving in lockstep.....