XRP has failed to make holders rich like bitcoin and ether. Here’s why
XRP remains below its 2017-cycle high while bitcoin, ether and other major tokens have surged, enriching their holders.
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XRP remains below its 2017-cycle high while bitcoin, ether and other major tokens have surged, enriching their holders.
Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s US CPI report.
The XRP Ledger Foundation said normal parameters never triggered the bug that could have broken XRP’s supply cap, which is why it was undetected for years.
Ether beat bitcoin in the third quarter, but its market liquidity got thinner, according to Coingecko.
A sharp rise in the yen has left bitcoin and other major cryptocurrencies underperforming in yen terms compared with their dollar-based trading pairs.
The new software leads among the network’s validators, yet by node count it sits behind the older v3.1.3, and the security amendment bundled with it remains a separate, slower vote. The upgrade needs 80% of the trusted validator list to activate.
Major cryptocurrencies are trading in the red as renewed U.S.-Iran airstrikes push oil higher.
XRP holders are capitulating, according to data tracked by Glassnode. That suggests a bottom may be near.
XRP hit a 15-week low before stabilizing, with traders watching whether the latest washout turns into a base or another leg lower.
A draft proposal filed Tuesday would extend the XRP Ledger’s native automated market maker with three swappable curve types, giving liquidity providers more efficient ways to deploy capital and closing one of XRPL DeFi’s longest-standing gaps.