The latest XRP markets report from Ripple reveals that XRP saw an impressive 75% to 100% rise in trade volume in Q4 2023, surpassing other notable assets like Cardano (ADA), BNB and Solana (SOL). In the “Deep Dive” section of the recently-released markets report, the Ripple team spotlighted data surrounding XRP’s volume, price performance and…
Shiba Inu (SHIB) remains an important digital currency today but opinions on its longevity vary, per insights drawn from recent consultations with Google’s Gemini. Despite its promise, some investors are skeptical about Shiba Inu’s future and the reasons are clear. Unlike traditional cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), Shiba Inu started as a joke,…
The Flare Network team has continued to decrease the circulating supply of its native token FLR, recently sending a whopping 66 million FLR tokens to the burn address. Implementing a deflationary model remains one of the primary ways Web3.0 projects attract immense value to their native currencies. With many projects recording successes with this move,…
The Shibarium network has continued on its remarkable growth trajectory, doubling its number of users in less than three months. Since launching in August 2023, the Shibarium network, a layer-2 blockchain built for the Shiba Inu ecosystem, has gained significant traction. Transactions have soared to hundreds of millions, while the number of projects building on…
Despite the obvious recovery in the price of XRP, a market analyst has labeled it “hot garbage.” After a period of discouraging price movements, XRP is on track to secure a positive weekly close. The coin is changing hands on spot markets for $0.522, up 1.73% in the past 24 hours. XRP’s market capitalization has…
Bitrue Exchange has unveiled a $1 million prize pool for a trading competition involving cryptocurrencies such as XRP. Prominent Singaporean exchange Bitrue, known for its pro-XRP stance, has unveiled a campaign to promote XRP to its users. In particular, Bitrue has launched a spot trading competition, specifically targeting digital assets such as XRP, Bitcoin (BTC),…
Validators on the XRP Ledger have formally introduced a clawback feature that could make the blockchain ideal for CBDC and stablecoin issuers. Blockchains have gained prominence over the years for their immutability and irreversible transactions. However, this inherent feature also makes them less ideal for mainstream use cases such as stablecoins and central bank digital…
Prominent voices in the Shiba Inu community have issued warnings against the rise of honeypot scams targeting unsuspecting SHIB holders. The return of bullish momentum in the crypto market has led to a proliferation of scams targeting investors. The Shiba Inu community is not excluded from such attempts but rather remains a highly targeted group,…
The XRPL EVM sidechain validators will receive payments in XRP, according to a recent disclosure from Ferran Prat Tió, the co-founder and CEO of Peersyst. Peersyst Technology, the development firm behind the upcoming XRPL Ledger EVM-compatible sidechain, has continued to release updates and crucial information on the upcoming blockchain. The latest disclosure came from its…
A prominent XRP community member has outlined a dual-pronged approach an XRP exchange-traded fund (ETF) could employ to propel XRP to unparalleled price levels. On X, game designer Chad Steingraber recently expressed his views regarding the two-fold strategy an XRP spot ETF could offer to stimulate price appreciation for XRP. According to him, the two…