XRP might be on the verge of outperforming the rest of the altcoin market, according to top analyst Blockchain Backer, citing data from a previous analysis of XRP’s movements. Blockchain Backer’s recent analysis compared the price movements of the rest of the altcoin market against XRP. The latest report builds on his previous post regarding this…
The Edge Singapore recently published a report capturing the staggering volume of transactions Ripple facilitated through its On-Demand Liquidity (ODL) partner Tranglo. According to the report, Tranglo enabled small and medium enterprises (SMEs) to process nearly $1 billion via Ripple’s ODL. In particular, it mentioned that ODL transactions increased from $53 million two years ago…
As Shiba Inu’s Shibarium records huge growth in smart contracts and interacting wallets, the network’s TVL drowns heavily amid a plunge in SHIB price. Different aspects of Shiba Inu’s layer-2 blockchain Shibarium have been experiencing tremendous growth since the network’s mainnet relaunch on August 28. Fresh data from Shibariumscan shows that the number of verified smart…
A recent report from Ripple suggests that nine out of every ten central banks are researching CBDCs, with some of these central banks turning to Ripple for CBDC partnerships. Central Bank Digital Currency (CBDC) is a concept that has been gaining traction in recent years. The COVID pandemic, a decline in cash payments, and the…
WrathofKahneman (WoK), a prominent figure in the XRP community, has provided clarification on the removal of XRP from the NYDFS’ approved greenlist. Specifically, the New York Department of Financial Services (NYDFS)’s recent greenlist eliminated XRP among the digital assets approved for custody. The issues sparked concerns, given that a federal court in the United States…
Shiba Inu’s wallet provider, Tangem, says it is currently in the process of developing a ring-shaped self-custodial crypto storage solution. Tangem, the developer of Shiba Inu-themed self-custodial hardware wallet, has announced plans to take the crypto storage business to the next level. In a recent tweet, the Swiss-based wallet provider said it is developing a…
The cumulative trading volume of XRP over the last two months has surpassed every other altcoin since the start of 2023. The pivotal verdict in July that ruled XRP was not an unregistered security has served as a major boost for the altcoin. Since the ruling, the daily trading volume of XRP in the U.S….
The recent market decline means investors need fewer dollars to become Shiba Inu billionaires, leaving market participants to question how much they need to own 1 billion SHIB. The Shiba Inu (SHIB) was one of the biggest winners of the previous cryptocurrency bull market that peaked in November 2021. From its all-time low in September…
A new crop of decentralized finance (DeFi) applications is launching on the XRP Ledger as the network gears up for a major upgrade. The XRP Ledger (XRPL) has seen an influx of new applications launched in the DeFi sector, with Orchestra Finance, an AMM decentralized exchange, being the latest to go live on testnet. According…
Shibarium RPC node sets new weekly record with over 7 million requests processed by NOWNodes, sparking interest from enterprise partners. NOWNodes, a prominent node provider supporting over 80 blockchain networks, has shared exciting developments regarding its latest venture, the Shibarium remote procedure call (RPC) node. Taking to X, NOWNodes revealed that the numbers around the…