Track market-moving stories before they get noisy

Table of contents

Seven different XRP exchange-traded funds now trade on US exchanges. The five primary spot funds alone held $927.78 million in combined net assets as of early June 2026, while cumulative net inflows across the XRP ETF complex have reached roughly $1.47 billion since the first fund launched in November 2025. If you’ve searched for a specific ticker — XRPI, XRPC, GXRP, TOXR — and come away more confused about which fund is which, you’re not alone: these products launched within months of each other in late 2025 and early 2026, each from a different issuer, with different fee structures and, in one case, futures-based rather than spot exposure. Here’s the complete breakdown.

Key Takeaways Seven XRP ETFs currently trade in the US: Bitwise (XRP), Canary Capital (XRPC), Franklin Templeton (XRPZ), Grayscale (GXRP), REX-Osprey (XRPR), 21Shares (TOXR), and Volatility Shares (XRPI) Six of the seven hold spot XRP directly in institutional custody; XRPI is a futures-based product tracking CME XRP futures contracts rather than holding spot XRP directly Fees range from 0.19% (Franklin Templeton’s XRPZ) to 0.75%, with several issuers running temporary fee waivers to attract early assets All can be bought through standard brokerage accounts — Fidelity, Schwab, Vanguard, Robinhood — without needing a crypto wallet or private keys Grayscale’s GXRP originated as a private trust before converting to ETF structure, which is why it sometimes appears in searches as “Grayscale XRP Trust” The Complete List of XRP ETFs TickerIssuerStructureExpense RatioCustodianLaunchXRPBitwiseSpot0.34%Coinbase PrimeNov 19-20, 2025XRPCCanary CapitalSpot0.50%Gemini Trust + BitGo TrustNov 12-13, 2025XRPZFranklin TempletonSpot0.19%—Late 2025GXRPGrayscaleSpot (converted trust)~0.35%—Early 2026TOXR21SharesSpot (ETP structure)~0.34%—Nov 2025XRPRREX-OspreySpot~0.75%—Late 2025XRPIVolatility SharesFutures-based (1x)0.94%—May 22, 2025 Fee and custodian figures for Bitwise and Canary Capital are confirmed via SEC filings and fund provider data. Figures for the remaining five issuers are drawn from secondary reporting and haven’t been independently verified against primary sources — always confirm current terms directly with the issuer or your brokerage before investing.

What Actually Happened, and Why So Many Launched at Once Spot XRP ETFs became possible only after the SEC resolved the long-running legal uncertainty around XRP’s regulatory status in 2025. Once that cleared, approvals came in a wave rather than one at a time — multiple issuers had registration statements sitting ready, and Ripple CEO Brad Garlinghouse described the resulting rush of near-simultaneous launches as a “pre-Thanksgiving rush” when Bitwise’s fund debuted in November 2025. Bitwise’s XRP ETF became the first mover and quickly the most liquid, reporting over $100 million in inflows in its opening days. Canary Capital’s XRPC and 21Shares’ TOXR followed within the same window.

Demand has been uneven but persistent since launch. May 2026 was the strongest month yet for the complex, with $131.94 million in net inflows, and as of late June the funds had strung together eight consecutive weeks of positive flows. Retail investors have driven the bulk of that demand — accounting for roughly 84% of inflows by some estimates — while larger institutional participation has moved in fits and starts; Goldman Sachs, for instance, built and then fully exited a $153.8 million XRP ETF position within two quarterly filings. For the latest on how these funds are trading, see today’s XRP news.

XRPI Is Different From the Others — Here’s What to Know Most searches for individual XRP ETF tickers assume every fund works the same way: hold XRP, track its price 1:1. That’s true for six of the seven funds, but not for XRPI. Volatility Shares’ product, which launched earliest of the group on May 22, 2025, doesn’t hold spot XRP at all — instead, it invests principally in XRP futures contracts traded on the CME (Chicago Mercantile Exchange) through a wholly-owned Cayman Islands subsidiary, a structure commonly used by futures-based crypto ETFs to manage tax treatment. It targets 1x daily XRP performance, not a leveraged or amplified return, but the futures-based mechanics mean its returns can still diverge from spot XRP over time due to factors like futures roll costs — a nuance that doesn’t apply to the six spot-holding funds on this list. Volatility Shares separately offers a genuinely leveraged 2x product under a different ticker (XRPT), which is a distinct fund from XRPI and worth not confusing with it. If you’re looking for the most direct XRP price exposure, one of the six spot funds tracks the underlying asset more cleanly; XRPI is a futures-based alternative for investors who prefer that structure specifically.

Grayscale’s GXRP: Trust-to-ETF Conversion Explained Grayscale’s XRP product has a different history than the others. It originated as a privately-traded trust — the kind of structure Grayscale has long used to offer crypto exposure to investors before spot ETFs existed for a given asset — and later converted into a standard ETF. That conversion matters practically: trust shares often trade at a premium or discount to the underlying asset’s actual value, while properly functioning ETFs use a creation/redemption mechanism that keeps share price closely tied to net asset value. Now that GXRP trades as a converted ETF, that discount/premium dynamic has largely resolved, giving holders cleaner price tracking than the legacy trust structure offered.

How to Buy an XRP ETF Every fund on this list trades on standard US exchanges (NYSE, Nasdaq, or Cboe BZX) and can be purchased the same way you’d buy any stock or ETF:

Open or log into a brokerage account — Fidelity, Schwab, Vanguard, and Robinhood all support these tickers Search the specific ticker symbol (XRP, XRPC, XRPZ, GXRP, TOXR, XRPR, or XRPI) Place a standard buy order, same as purchasing any equity ETF No crypto wallet, exchange account, or private key management is required — the fund’s custodian (Bitwise uses Coinbase Prime; Canary Capital splits custody between Gemini Trust and BitGo Trust; other issuers use their own arrangements) holds the underlying XRP, and your brokerage account holds shares representing your claim on it.

Frequently Asked Questions What is XRPI? XRPI is Volatility Shares' XRP ETF, and the earliest-launched fund on this list (May 2025). Unlike the other six funds, it doesn't hold spot XRP — it invests in CME XRP futures contracts and targets 1x daily XRP performance. It's a different structure than a leveraged product, but futures-based mechanics mean returns can still diverge from spot XRP over time.

What is XRPC? XRPC is Canary Capital's spot XRP ETF, one of the first XRP ETFs to launch in the US in late 2025. It holds XRP directly in institutional custody and trades on Nasdaq.

When were XRP ETFs approved? The SEC approved the first spot XRP ETFs in late 2025 after resolving prior legal uncertainty around XRP's regulatory status. Bitwise's fund launched first on November 20, 2025, with Canary Capital, 21Shares, Franklin Templeton, Grayscale, and REX-Osprey following within the subsequent months.

What is Grayscale's XRP ETF called? Grayscale's XRP product trades under the ticker GXRP. It originated as a private trust before converting to a standard ETF structure, which is why some searches reference it as the "Grayscale XRP Trust."

How many XRP ETFs are there? As of mid-2026, seven XRP ETFs trade in the US: Bitwise (XRP), Canary Capital (XRPC), Franklin Templeton (XRPZ), Grayscale (GXRP), REX-Osprey (XRPR), 21Shares (TOXR), and Volatility Shares (XRPI). The five primary spot funds held a combined $927.78 million in net assets as of early June 2026, with cumulative net inflows across the complex reaching roughly $1.47 billion since November 2025. Contentgoogle_us_solana-wallet-tracker_serp-overview_2026-07-08_14-01-09.csvcsvgoogle_us_usd1-stablecoin_serp-overview_2026-07-08_14-01-17.csvcsvgoogle_us_usd1-stablecoin_matching-terms_2026-07-08_14-13-16.csvcsvgoogle_us_usd1-stablecoin_matching-terms_2026-07-08_14-13-53.csvcsvgoogle_us_usd1-stablecoin_related-terms_2026-07-08_14-13-23.csvcsvgoogle_us_usd1-stablecoin_related-terms_2026-07-08_14-14-13.csvcsvgoogle_us_usd1-stablecoin_related-terms_2026-07-08_14-14-22.csvcsvgoogle_us_usd1-stablecoin_serp-overview_2026-07-08_14-12-12.csvcsvblockchainreporter.net-dogecoin-price-conten_2026-07-08_14-23-12.csvcsv-content-gap-us_2026-07-08_14-43-13.csvcsvblockchainreporter.net-organic-keywords-sub_2026-07-08_15-14-10.csvcsvblockchainreporter.net-top-pages-subdomains_2026-07-08_15-14-01.csvcsvblockchainreporter.net-organic-keywords-sub_2026-07-08_23-25-57.csvcsvblockchainreporter.net-top-pages-subdomains_2026-07-08_23-25-52.csvcsvblockchainreporter.net-organic-keywords-histo_2026-07-09_02-58-12.csvcsvblockchainreporter.net-organic-keywords-sub_2026-07-09_19-02-46.csvcsvblockchainreporter.net-top-pages-subdomains_2026-07-09_19-02-42.csvcsvblockchainreporter.net-content-gap-domain-us_2026-07-09_19-08-38.csvcsvgoogle_us_societe-generale-euro_serp-overview_2026-07-09_19-12-42.csvcsvgoogle_us_xrp-etf-news_matching-terms_2026-07-09_19-33-14.csvcsvgoogle_us_xrp-etf-news_related-terms_2026-07-09_19-33-21.csvcsvgoogle_us_xrp-etf-news_serp-overview_2026-07-09_19-32-05.csvcsvgoogle_us_xrpc_serp-overview_2026-07-09_19-35-29.csvcsvgoogle_us_xrpi_serp-overview_2026-07-09_19-35-13.csvcsvgoogle_us_xrp-etf-inflows-2026_serp-overview_2026-07-09_19-45-33.csvcsv

AUTHOR

Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.

XRP price has climbed about 1.6% after SWIFT announced a blockchain payments pilot involving 17 banks, including several with Ripple ties.

Summary

XRP gained around 1.6% after SWIFT launched a blockchain payments pilot involving Ripple-linked banks. Spot XRP ETFs recorded $7.29 million in outflows, the largest daily withdrawal since March 2026. Technical indicators and derivatives data suggest sellers still hold the upper hand despite the rebound. According to SWIFT, the pilot will evaluate whether distributed ledger technology can support international payments across participating financial institutions. Among the banks involved are Standard Chartered and UBS, both of which have existing business ties with Ripple through crypto custody services or cross-border payment infrastructure built on the XRP Ledger.

The announcement follows Ripple Treasury’s entry into the SWIFT Certified Partner Program in April 2026, a step that strengthened the company’s relationship with the global payments network. Even so, the announcement has also sparked debate over whether the project has any direct implications for XRP itself.

An analyst on X argued that the pilot should not automatically be viewed as bullish for the token because SWIFT’s proposed settlement model relies on tokenized bank deposits rather than XRP. The analyst stated that the blockchain network would use tokenized deposits as the bridge asset instead of a layer-1 gas token, suggesting the initiative does not create direct demand for XRP.

"enabling 24/7 cross-border payments using tokenized deposits across six continents."

Sorry $XRP holders, but the "bridge currency" and "liquidity" is tokenized deposits; not a L1 gas token, which is used to charge a very very small fee to prevent free spam on your chain.

The… https://t.co/b99c7mSUA3

— Fishy Catfish (@CatfishFishy) July 9, 2026 Despite those reservations, XRP (XRP) traded around $1.09 at the time of writing, posting modest daily gains as traders reacted to the banking partnership news.

Institutional demand has weakened despite the price bounce At the same time, institutional positioning has moved in the opposite direction. Data from SoSoValue shows that spot XRP exchange-traded funds recorded $7.29 million in net outflows on July 8, the largest single-day withdrawal since March 2026.

The outflows indicate that institutional investors have reduced exposure even as XRP attempts to stabilize above the $1 level. If buying interest continues to soften, the psychological $1 support could come back into focus during the next leg lower.

Derivatives markets also paint a cautious picture. CoinGlass data shows XRP’s long-to-short ratio has slipped to 0.96, meaning bearish positions now slightly outnumber bullish bets. Open interest has also fallen from $2.58 billion on July 5 to $2.33 billion on July 9, suggesting speculative traders have been closing positions instead of opening new ones.

Technical indicators continue to favor sellers Price action on XRP’s charts remains mixed despite the latest recovery. On the 4-hour chart, XRP is trading below the Supertrend indicator while repeatedly failing to reclaim a descending trendline. The token is also struggling near the 78.6% Fibonacci retracement level around $1.094, which has become immediate resistance after the recent selloff.

XRP 4-hour price chart — July 10 | Source: crypto.news Additional resistance levels sit near the 61.8% and 50% Fibonacci retracement zones at roughly $1.114 and $1.127. A sustained move above those levels would be needed to weaken the current bearish structure.

The daily chart also suggests buyers have yet to regain control. Although the MACD remains above its signal line, the histogram has started to fade, indicating bullish momentum is slowing. At the same time, the Chaikin Money Flow has turned only slightly positive, pointing to limited capital inflows rather than strong accumulation.

XRP daily price chart — July 10 | Source: crypto.news Taken together, the technical setup aligns with the latest derivatives and ETF data. While the SWIFT announcement has helped lift sentiment in the short term, XRP still faces resistance from weakening speculative demand, institutional outflows, and a chart structure that continues to favor sellers unless key resistance levels are reclaimed.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

XRP (CRYPTO: XRP) is seeing fresh enterprise adoption even as derivatives activity cools, and Binance open interest plunges to three-month lows.

Made In America Picks XRPLAccording to a SEC filing on June 26, Made in USA Inc. is developing a blockchain-based product authentication platform on XRPL to verify the origin of American-made goods and combat counterfeit products.

The company acquired the platform’s technology stack from an affiliate in a $25 million all-stock transaction, TheStreet reported on Thursday.

The system, which remains under development, combines AI-powered verification with public and private XRPL infrastructure alongside Hyperledger technology.

The platform is designed to help manufacturers, distributors and retailers securely track product origin while anchoring authenticity records on a public blockchain.

This step expands XRPL’s enterprise use cases beyond payments into supply-chain verification and digital certification.

XRP Activity On BinanceIn an X post on July 9, CryptoQuant data shows XRP futures activity on Binance has cooled considerably.

Open interest has declined to roughly 397 million XRP, the lowest level in more than three months, alongside XRP’s slide toward $1.09.

A decline in open interest typically indicates traders are closing positions or opening fewer new futures contracts. Combined with falling prices, it often reflects weaker risk appetite, declining leverage and reduced participation from derivatives traders.

While lower open interest is not inherently bearish, it frequently signals a period of market repositioning as investors await stronger directional catalysts.

The contrasting trends highlight a divergence between XRP’s long-term utility story and short-term speculative positioning.

Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

Bitcoin extended gains after Robinhood launched its blockchain, with the company touting it as ideal for both real-world assets and meme coins.

Notable Statistics:

Coinglass data shows 55,831 traders were liquidated in the past 24 hours for $148.86 million.        SoSoValue data shows net outflows of $84.9 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $70.5 million. In the past 24 hours, top gainers include Arbitrum, Celestia and Canton. Notable Developments:

Trader Notes:

Trader Jelle noted Bitcoin is flashing a weekly death cross, a signal that has historically appeared late in bear markets rather than at the beginning.

The analyst argues that past occurrences have often coincided with the final stages of Bitcoin’s downturn, suggesting the bear market may be nearing its end. With multiple bullish indicators aligning, he believes starting a dollar-cost averaging strategy a few weeks ago was the right move.

Trader Titan said that regardless of whether Bitcoin has already bottomed or has further downside ahead, history suggests accumulating around a weekly death cross has typically been a favorable long-term strategy.

Trader AshCrypto explained Bitcoin has reclaimed its 200-week moving average, a key long-term bear market support, and is holding above $60,000 after bouncing from $57,000.

The analyst says maintaining this level could pave the way for a historically strong July-August rally.

Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

XRP must hold above a critical support level to keep its short-term uptrend alive and have a chance at recovering above $1.29.

XRP continues to hold up well on the 4-hour chart, even after giving back a small part of its recent gains. The asset is trading around $1.13 after a modest 1.7% decline. The latest dip looks more like a pause after a strong rally than the start of another downward move.

Several indicators support this theory. Specifically, XRP remains in the upper half of its volatility band, and the Schaff Trend Cycle (STC) continues to show a bullish signal. These readings suggest that momentum has cooled slightly but has not turned negative. 

However, the next stage of recovery depends heavily on a single key support area. If XRP falls below the region around $1.07, its chances of climbing back above $1.29 could weaken considerably.

XRP Breakout Above $1.0753 Improved Technical Outlook The market outlook became more favorable after XRP confirmed a bullish break of structure during the rally earlier on. The price closed above $1.0753 while maintaining the required volatility buffer, showing that buyers had regained control.

This move also turned a previous swing high into a support level and established a higher-high pattern that now forms the foundation of the current uptrend. Since then, the trend indicator has continued to signal an uptrend, confirming that further gains may play out.

The chart also shows several bullish structure breaks during the recent recovery. These signals indicate that XRP has been forming higher highs and higher lows after a prolonged period of selling pressure. As long as this pattern continues, the broader upward trend remains intact.

XRP Moving Averages Continue to Support the Trend The moving averages also support the positive outlook. The 21-period exponential moving average sits near $1.1218 and continues to provide short-term support during pullbacks. The 55-period exponential moving average stands around $1.0989 and serves as the market’s main trend support.

XRP remains above both moving averages despite the recent decline. This suggests that buyers still control the medium-term trend and have not lost any major support levels. The pullback has simply brought the price closer to support instead of pushing it below it.

XRP 4h Chart The volatility band says something similar. Notably, XRP continues to trade near the upper part of the range, with the upper boundary around $1.1503. Assets that stay near the upper end of their volatility range often retain underlying buying strength even during short periods of consolidation.

Why the $1.07 Area Matters Most Among all the support levels on the chart, the area around $1.07 remains the most important. This is because it matches the recent break of structure (BoS) at $1.0753, making it the point where former resistance became support.

Notably, such converted support zones are critical because successful retests can strengthen an existing trend. If buyers continue defending this area, they will show that demand remains strong enough to support the broader recovery.

Currently, XRP has entered a controlled pullback while staying above its key moving averages instead of seeing a sharp drop. In addition, the previous swing low near $1.0225 has remained untouched for about 27 four-hour candles, suggesting that sellers have not regained meaningful control.

A Move Above $1.29 Still Depends on Holding Support The current structure suggests that XRP could continue moving higher if buyers keep control above its key support levels. A successful retest of the 21 EMA near $1.1218 or a renewed advance that keeps four-hour closes above the 55 EMA at $1.0989 would provide additional confirmation.

The bullish outlook would weaken if XRP records a decisive four-hour close below the 55 EMA. Such a move would break the main trend support behind the current recovery and invalidate the setup.

If buyers remain in control, the first resistance level appears near $1.1503 at the upper volatility band. A move above that area could open the way toward the next major resistance around $1.20. Clearing both levels would improve the chances of a rally toward $1.292, where sellers previously stopped the advance.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Table of contents

What looks like a textbook breakout setup on the XRP chart has yet to deliver anything for traders. According to a market update from CoinDesk, XRP held the $1.00-$1.05 support zone firmly this week, but the near-term picture remains capped below a cluster of resistance levels as analysts track larger wedge and channel patterns.

The price has spent weeks drifting inside a narrowing range, compressing volatility in a way that often precedes a sudden expansion. The longer-term patterns—a descending wedge and a parallel channel—have been drawn and redrawn on trading screens for months. The theory is simple: a convincing push above the upper boundary could trigger a fast move toward the $1.30 region. But every probe higher so far has been sold into, leaving the asset stuck just above a psychological line in the sand.

Why the Breakout Keeps Getting Delayed One glance at the broader landscape explains why XRP hasn’t been able to escape gravity. The regulatory cloud that has followed the token for years still hasn’t lifted. Even as technical patterns suggest a potential upward move, the legislative environment remains a tangled mess. Just this week, banks are pushing to derail the most significant U.S. crypto legislation four days before a Senate vote, demonstrating the political headwinds that continue to buffet digital assets. For an asset like XRP—whose legal status has been at the center of a yearslong fight with the SEC—any sign of drawn-out regulatory wrangling keeps institutional capital on the sidelines.

Traders are essentially waiting for a catalyst that aligns the technical setup with the messy on-the-ground reality. A definitive court ruling or a legislative surprise could be the spark, but for now, the chart is doing all the work while the news flow offers little help.

The Bigger Altcoin Picture and What to Watch XRP’s sideways motion is not the story across the entire altcoin landscape. A look at this week’s top crypto gainers reveals tokens like TON and SIREN surging over 80% and 70%, respectively. Rotation is alive and well, just not in XRP’s favor right now. That divergence matters because it shows that traders are willing to deploy capital—they’re simply putting it into assets with fresher narratives or clearer catalysts.

Meanwhile, the XRP Ledger’s underlying fundamentals haven’t deteriorated. Data on weekly developer activity across major blockchains shows steady contribution and maintenance work, a signal that infrastructure building continues even when price charts are dull. For long-term believers, that’s the argument for patience: the network isn’t collapsing, and the wedge pattern will eventually resolve.

What remains uncertain is how much longer the market will wait. Prolonged consolidation near a major support tends to erode bullish conviction, and a clean break below $1.00 would likely accelerate selling, opening a path toward the next liquidity zone near $0.85. On the upside, a daily close firmly above $1.20 remains the simple trigger that many breakout traders are watching. Until one of those levels gives way, XRP will continue to test the patience of anyone holding a ticket for the long-awaited move.

AUTHOR

Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.

XRP Price Prediction: Going Mainstream as Kansas Athletics Announces Strategic Jersey Patch Altcoin News

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

CryptoNews Editorial Team

Author

CryptoNews Editorial Team

Part of the Team Since

Sep 2018

About Author

The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for...

Has Also Written

Fact Checked by

Ahmed Barakat

Author

Ahmed Barakat

Part of the Team Since

Aug 2025

About Author

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

Has Also Written

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Last updated: 

5 hours ago

Ripple just pulled off one of crypto’s more surprising mainstream moves. XRP price action has stayed calm, but prediction models now face a fresh wildcard. Meanwhile, XRP trades near $1.09 after slipping from this week’s highs. Traders have seen enough victory laps before the race even starts.

Kansas Athletics signed a multi-year partnership with Ripple, placing its branding across football, basketball, baseball, volleyball, softball, rowing, and other programs. That gives Ripple regular exposure during Big 12 broadcasts and social media highlights. It is a branding push aimed at credibility, not a sprint for new users.

A shared commitment to innovation and excellence. 🤝

Kansas Athletics is proud to announce a new groundbreaking partnership with Ripple, bringing the XRP brand to Jayhawk uniforms. pic.twitter.com/ucTnIk12QG

— Kansas Jayhawks (@KUAthletics) July 8, 2026 For XRP holders, the interesting part starts after the applause fades. Brand awareness is nice, but markets usually demand proof before handing out rewards. A logo on a jersey will not magically unlock buy orders, even if the mascot suddenly becomes crypto curious.

That leaves XRP trading in familiar territory around the $1.00 to $1.20 range. A sustained move higher will likely need stronger adoption or fresh institutional demand. Until then, this partnership is a welcome headline, but price charts still refuse to clap on cue.

Discover: The Best Token Presales

XRP Price Prediction: Break $1.20 on Mainstream Momentum?XRP is still stuck in consolidation, and price prediction has become more about patience than excitement. The token trades near $1.09 after a modest weekly gain. Recent swings look more like traders arguing over lunch than picking a clear direction.

Technically, the chart still favors a wait-and-see approach. Support sits around $1.00 to $1.05, while resistance remains near $1.15 to $1.20. XRP is parked between those levels, leaving neither bulls nor bears with much to celebrate. Market capitalization stands near $68 billion, with roughly 62.5 billion XRP in circulation.

A bullish breakout would likely require more than fresh headlines. Ripple’s Kansas Athletics partnership could improve brand recognition, but traders usually want stronger catalysts before chasing higher prices. A decisive move above $1.20, backed by solid volume, could shift momentum toward the $1.40 area.

The base case still points to sideways trading between $1.05 and $1.15. Meanwhile, macro events, regulatory developments, or fresh institutional demand could eventually tip the balance. Until then, XRP looks content to keep chart watchers glued to the same candles.

On the downside, losing the $1.05 support would put the $1.00 level under pressure. A clean break below that mark would weaken the current setup and raise the risk of a deeper pullback. Strong fundamentals help, but even good stories eventually need buyers to reach for their wallets.

Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit

LiquidChain Targets Early Mover Upside as XRP Tests Key LevelsXRP at $1.09 with a $68 billion market cap is a legitimate position, but the upside math is what it is. Doubling from here means a $136 billion market cap, which requires a macro bull run and sustained institutional inflows.

Traders hunting asymmetric returns on the current cycle are rotating earlier in the stack. That’s the structural case for looking at infrastructure plays while large-caps consolidate.

LiquidChain ($LIQUID) is a Layer 3 infrastructure project built around a single thesis: fragmented liquidity across Bitcoin, Ethereum, and Solana is the persistent bottleneck for serious cross-chain execution.

Its Unified Liquidity Layer fuses BTC, ETH, and SOL ecosystems into one execution environment, so developers deploy once and access all three networks, with verifiable settlement and sub-second finality baked into the architecture. The presale has raised $890K at a current price of $0.01478 per $LIQUID.

Research LiquidChain’s presale details here.

Discover: The Best Crypto to Diversify Your Portfolio

Open interest in XRP futures has plunged to its lowest level in over three months, signaling a major shift in sentiment. According to Binance data, open positions have dropped to around 397 million XRP. Meanwhile, the price of XRP has retreated close to $1.09 during the same period, adding to the cautious mood in the market.

Cautious approach dominates the derivatives marketThis sharp decline points to investors scaling back on risk in XRP futures. Weakness across the broader cryptocurrency market, ongoing geopolitical tensions, and increased risk aversion have all contributed to higher selling pressure on XRP.

Despite this, the total open interest across perpetual futures markets has remained higher than the figures reported by Binance alone. Across various derivatives platforms, open interest averages around 2.14 billion XRP. The modest increase from 2.09 billion XRP seen earlier in the week suggests that individual investor interest has not completely vanished.

Despite weakness on major exchanges, open interest lingering at 2.14 billion XRP in perpetual futures markets shows that individual investors are holding onto their positions.

Institutional investors have taken a more cautious stance. Outflows from spot XRP exchange-traded funds have come into focus, underscoring that professional players are being more selective about risk exposure.

Technical indicators reinforce this somber outlook. XRP is trading below its 50-day, 100-day, and 200-day exponential moving averages, which has limited attempts at short-term recovery. The first resistance zone stands at $1.14, with the 50-day EMA positioned at roughly $1.17.

IndicatorLevelBinance XRP open interest397 million XRPOverall perpetual futures open interest2.14 billion XRPInitial resistance1.14 dollars50-day exponential moving average1.17 dollarsNetwork updates and lawsuit developments under the spotlightWhile price pressure continues, technical updates within XRP Ledger are also being closely watched. As the open-source blockchain backbone of the Ripple ecosystem, XRP Ledger sees growing use not only in payments but also in various verification and recordkeeping scenarios.

Mini glossary: A validator is a node on the blockchain network that confirms transactions and maintains the latest copy of the ledger. A node refers to the underlying software or server infrastructure connected to the network.

XRP Ledger’s applications outside of payments are expanding. Made In USA Inc. has begun using the network to store authenticity certificates for domestic products. Yet, uneven adoption of the version 3.2.0 software update among validators has raised questions about network coordination. While a significant portion of official validators have updated, active nodes are lagging behind in switching to the latest release.

The staggered progress of the software update is being closely monitored, as it affects the stability of the infrastructure relied on by exchanges and custody providers.

On the legal front, Ripple continues its proceedings with the SEC, arguing for any potential fine to be limited. Throughout this drawn-out process, XRP remains traded at well over 70 percent below its 52-week peak of $3.65 reached in July 2025. From the start of the year, its value has fallen by more than 42 percent, and in the past twelve months, it has lost over 50 percent of its value.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

TL;DR

$560 million in daily trading volume hits Robinhood Chain as the CashCat token drives new wallet activity.Bitwise removes Polkadot and Avalanche from its 10 Crypto Index, replacing them with Stellar (XLM) and Hyperliquid.40 BTC moves from a wallet untouched since 2010, worth $2.54 million at current prices.Spot Bitcoin ETFs post a $221 million net inflow on July 9, ending a 10-day outflow streak.CPI and PPI data due July 14 to 15, followed by the Fed's July 28–29 meeting, will test Bitcoin's path toward $100,000.How the CashCat meme coin pushed Robinhood's new blockchain to $560 millionThe new Robinhood Chain blockchain, launched just a week ago, is already going through its first major hype cycle. Speculative excitement around the Cash Cat meme coin (CASHCAT) pushed daily trading volume on local DEXs to a massive $560 million, according to Dune data.

In just one day, users created almost 16,000 new tokens on the network, while the number of active wallets jumped to 200,000 — and for most of them, it was their first-ever transaction on the chain.

HOT Stories

The market fever was partly triggered by Robinhood CEO Vlad Tenev himself. On X, he dropped a short but striking comment: "Although we built Robinhood Chain as the best network for serious assets (RWA)… it works great for meme coins too."

Cash Cat (CASHCAT) market capitalization chart, Source: DexscreenerThat was enough for the market capitalization of the network's flagship meme coin, CASHCAT, to break above $140 million at its peak. In one day, it gained more than 1,000%, and by morning its price had settled around $0.083.

This surge instantly turned a couple of early investors into millionaires. According to Lookonchain, one trader bought a batch of CASHCAT 20 days ago for just $838, then during the hype withdrew $917,600 in pure profit, while leaving another hundred thousand dollars in tokens.

But behind the beautiful screenshots lies a harsh reality. The total liquidity pool of CASHCAT is only $2.6 million, which means only a few people could actually pull real millions out of the system. Social media is already full of fake claims, such as allegations that Uniswap creator Hayden is heavily buying the token, or that Robinhood's CFO put the "cash cat" on his avatar — in reality, the description in his profile had always been there.

Robinhood CFO Shiv Verma's official X profile with Cash Cat mention, Source: XIn the end, Robinhood Chain got the perfect start for any new blockchain: wild activity and a lot of money in fees. The only question is whether anyone will stay once this "cat token" stops delivering multiples.

Hyperliquid pushes the old guard out of Bitwise's top-10 indexThe major crypto index fund, the Bitwise 10 Crypto Index ETF (BITW), has carried out a tough portfolio cleanup — Polkadot (DOT) and Avalanche (AVAX) were completely removed. Their places were taken by Stellar (XLM) and, much more notably, the young token of decentralized exchange Hyperliquid (HYPE). 

The newcomer received a weight of about 0.95% and now trades in the same lineup as Bitcoin, Ethereum, and XRP.

Institutions are clearly shifting priorities. Instead of promise-based blockchains, they are choosing projects that generate real revenue right now. Hyperliquid posted massive numbers in the first half of 2026: $1.34 trillion in trading volume and $320 million in net revenue. 

The HYPE token itself has gained 165% since January. On top of that, the platform runs the HIP-3 upgrade, under which 99% of fees go toward token buybacks and burns. 

Bitwise 10 Crypto Index ETF performance, Source: BitwiseFor large players, this looks like a classic and straightforward stock buyback.

The index urgently needed fresh blood. BITW has been sliding for almost a year: in September 2025, it peaked at $78.74, by April it had fallen to $44.92, and now it trades around $41.01. One positive point is that the fund remains highly stable, with its spread on NYSE Arca staying within 0.2%, meaning there are no liquidity problems.

For Bitwise, this is a logical move. In May, it had already launched a separate spot ETF on Hyperliquid, beating Grayscale and VanEck. Now HYPE has officially secured its status as a new "blue chip".

A Bitcoin investor from the Satoshi era wakes up for a seven222-digit profitA few hours ago, an ancient wallet woke up on the blockchain when an unknown miner fully transferred 40 BTC, worth about $2.54 million, after leaving them untouched since August 3, 2010, according to on-chain data. This is the deep "Satoshi era" — the time when Bitcoin's creator was still online and coins were mined on ordinary home CPUs.

The main point of this news is pure mathematics. In 2010, Bitcoin was worth cents, so the starting price of this wallet's position is listed by analysts as roughly $0. After almost 16 years of waiting, the owner's net profit reached +105,742,020%. At the same time, they paid a tiny network fee to move millions of dollars in block 957220 — just 2,210 satoshis, or about 10 sat/vB.

Satoshi-era whale "waking up" with 40 BTC for the first time since August 2010, Source: Arkham The event prompted the crypto community on X to debate once again how many "lost" bitcoins really exist. Galaxy Digital head of research Alex Thorn summarized the awakening briefly: "'Lost coins' are more myth than you think."

On-chain data shows that the wallet had previously received a "dusting attack" marked as Salomon Client Dusted, in which tiny transactions are sent in an attempt to deanonymize an address.

The movement of 40 BTC does not mean they will be dumped into an exchange order book right now. Most often, ancient whales wake up for basic security reasons: to move funds from old legacy addresses to newer and better-protected formats.

Crypto market outlook: ETF reversal and volume hold BTC ahead of the inflation testBuyers successfully defended a strong historical trading zone above local support after 10 days of outflows from spot ETFs. The strength of this technical structure will be determined by the U.S. CPI/PPI reports and the Fed meeting, which will either confirm the market’s readiness for a move toward $100,000 or trigger a liquidation cascade toward $54,000.

Key checkpoints:

The end of ETF capitulation and a reversal into inflows: After 10 days of aggressive capital outflows from spot BTC ETFs totaling $2.73 billion, the funds recorded a net inflow of $221 million on July 9. The reversal in the institutional trend signals that open-market selling pressure is being exhausted.Leverage wipeout and Bitwise forecasts: The current market drawdown has officially been described by Bitwise experts as a classic leverage squeeze. They note the formation of a local bottom and confirm a Bitcoin price target of $100,000 by year-end, supported by the cleanup of the derivatives market.Solana dominates the RWA race: The Solana network set a historic record by attracting $1 billion in net capital into the real-world asset tokenization sector in just 30 days. That is more than three times the result of its closest competitor, BNB Chain, which attracted only $292 million over the same period.The nearest inflation trigger, CPI/PPI, arrives on July 14–15: The publication of the U.S. Consumer Price Index will be the first hard filter for risk assets. If the report shows inflation cooling below consensus expectations, it could trigger a major short squeeze in BTC. Hot data, by contrast, would strengthen sellers.The Fed interest rate decision comes on July 28–29: The final FOMC meeting of the month will close July and define the monetary vector for the second half of the year. Any hints of policy easing, or a pivot, would give Bitcoin a powerful impulse to break out of its current consolidation zone toward new highs. You Might Also Like

XRP’s price has approached $1 in recent weeks, and now the key question is whether that level can halt the decline.

Ripple (XRP) Price Predictions: Analysis Key support levels: $1

Key resistance levels: $1.3, $1.6, $2

 Sellers are Returning After a short relief rally towards $1.18, sellers have returned and seem to have full control over XRP. In the last four days, the price has been falling without any bounce and appears ready to test the key support at $1 again.

In late June, the price hovered just above $1 for several days before buyers managed to push XRP higher. However, this could turn out to be a dead cat bounce before new lows. That’s because the overall trend remains bearish.

Source: TradingView Buyers Vanished Since last Sunday, buyers have vanished from the order book. As soon as the price touched $1.18, buy pressure collapsed, paving the way for sellers to take control.

The only positive thing about XRP right now is the falling volume. Even if sellers appear in control, the volume continues to decline. This indicates a lack of conviction, which could mean that buyers are waiting for an opportunity to return.

Source: TradingView Daily RSI Remains Bearish This summer, the RSI on the daily timeframe made two attempts to move beyond 50. However, each time, the price did a full reversal, erasing any hopes of a sustained rally. This can be interpreted as bearish.

On the other hand, the RSI is making higher lows and higher highs. This is encouraging, but unless the price does the same, it will remain a bullish divergence that is not confirmed.

Source: TradingView Tags:

Updated July 9, 2026. The seven US spot XRP ETFs now hold roughly $1 billion in assets and about 970 million XRP after an eighth straight week of net inflows — even as the XRP token price has barely moved. Here is the latest on flows, AUM, and which funds are leading.

Key facts

Seven US spot XRP ETFs are trading; combined AUM sits near $1 billion (~$988M) with roughly 970.9 million XRP locked as of July 8, 2026. Cumulative net inflows have held near $1.4 billion since the November 2025 launch. The funds logged their eighth consecutive week of net inflows, including +$6.55 million on July 2 (after a small -$1.86M outflow on July 1). Leaders: Bitwise XRP ETF (1XRP) ~$245.3M AUM; Canary XRP ETF (2XRPC) ~$225.9M; Franklin XRP ETF (3XRPZ) ~$167.9M. Seven spot XRP ETFs now hold about $1 billion The US spot XRP ETF complex has grown to seven funds since the first products launched in November 2025, and their combined assets under management now sit near the $1 billion mark — about $988 million as of July 8, 2026, according to fund-flow trackers. Together the funds have pulled roughly 970.9 million XRP off the open market and into regulated custody, a figure that has kept climbing even through XRP’s price weakness.

That growth answers a question a lot of traders are still searching: yes, spot XRP ETFs are live and trading in the US, and the line-up has expanded from the original five funds to seven, with additional issuers filed. The wrappers give institutions a compliant way to hold XRP without managing keys or custody themselves — the same structural shift that reshaped Bitcoin and Ether demand a cycle earlier.

Eight straight weeks of net inflows The headline for flows is consistency. US spot XRP ETFs have now recorded their eighth consecutive week of net inflows, with a +$6.55 million day on July 2 following a minor -$1.86 million outflow on July 1. Cumulatively, the funds have absorbed close to $1.4 billion since launch, peaking above $1.5 billion earlier in the spring before settling into a steadier accumulation pace.

The pattern matters because it is spot demand, not leverage: an ETF creation removes real XRP from circulation into a custodial wrapper, so a sustained inflow streak shrinks the effective float regardless of short-term price action.

The divergence: institutions keep buying while the price stalls The most striking part of the story is the gap between flows and price. XRP ETFs have logged eight straight weeks of inflows and nearly a billion dollars in assets, yet the XRP token has stayed weak, drifting rather than rallying on the institutional bid. Analysts frame it as a coiled-spring setup — accumulation building under a flat price — but it is equally a caution: inflows alone have not been enough to move spot while the broader crypto market trades cautiously into the Federal Reserve’s July 28–29 meeting.

For a fuller view of the bull and bear scenarios behind the token itself, see our XRP price prediction.

Which XRP ETF is the biggest? Fund Ticker Approx. AUM Bitwise XRP ETF 1XRP ~$245.3M Canary XRP ETF 2XRPC ~$225.9M Franklin XRP ETF 3XRPZ ~$167.9M AUM figures as of early July 2026; the remaining funds make up the balance of the ~$1B complex. Source: XRP ETF flow trackers.

What to watch next Three things decide whether the flows finally translate into price. First, whether the inflow streak extends into a ninth and tenth week — the longer institutions accumulate through weakness, the more constrained the float becomes. Second, the July 28–29 FOMC meeting, the nearest macro catalyst for all of crypto. Third, seasonality: July has historically been XRP’s strongest month, with an average return near +10%, so a break in the current stall would fit the calendar. Watch the daily flow prints and the custody-token count — those are the leading indicators of demand between now and the next catalyst.

FAQ Are there spot XRP ETFs trading in the US in 2026?
Yes. Seven US spot XRP ETFs are live, up from the original five, holding roughly $1 billion in combined assets as of July 2026.

How much have XRP ETFs pulled in?
Cumulative net inflows are near $1.4 billion since the November 2025 launch, with an eighth consecutive week of net inflows through early July 2026.

How much XRP is locked in ETF custody?
About 970.9 million XRP across the seven funds as of July 8, 2026 — a figure that has kept rising even as the token price stayed weak.

Which XRP ETF is the largest?
The Bitwise XRP ETF (1XRP) leads with roughly $245 million in AUM, followed by Canary (2XRPC) and Franklin (3XRPZ).

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. ETF AUM and flow figures are third-party estimates and change daily. Cryptocurrency investments carry risk, including the possible loss of principal. Always do your own research and consult a licensed adviser. Sources: XRP ETF flow trackers, U.Today, TradingNews (July 2026).

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

An abnormal capital rotation has been recorded inside the XRP Ledger, with the volume of payments between autonomous AI agents in XRP rising by 77%, while the turnover of Ripple USD (RLUSD), the dollar stablecoin, declined by 32%, according to the new hub from t.54.

The movement of funds coincided with anomalous activity from the financial protocol ClawBank, whose 67 connected services processed 7,630 transactions over the past 24 hours. Before this daily spike, the project had accumulated only 8,469 operations over its entire lifetime, meaning the system generated around 90% of its historical activity in just one day, choosing the network's native token for settlements in most cases.

Why millions of AI transactions are forcing a pivot back to XRPFor those unfamiliar with the technical side, the integrated x402 protocol allows AI agents to make automated payments, choosing between XRP and RLUSD when paying for data or renting computing power. 

HOT Stories

Current statistics show that during periods of high network activity, AI agents give priority to the native XRP token because of its fixed low fees and fast transaction processing.

State of AI agent economy on XRP Ledger, Source: XRPL AI HubThe 32% decline in RLUSD turnover indicates that the software temporarily set aside the digital dollar as a passive protective asset and moved its main operational settlements into XRP.

You Might Also Like

At the moment, the total AI economy of XRP Ledger has already exceeded the one-million-transaction mark, while the main volume of operations is divided between two major players. 

The leader of the ecosystem remains the DePIN network Heurist Mesh, with 405,492 transactions, providing GPU capacity for neural networks, while second place is held by the operating system LucyOS, with 359,839 transactions, working in a high-frequency exchange mode.

The shift toward XRP clearly confirms that under peak daily loads and the acceleration of the AI economy, algorithms prioritize the speed and low fees of the native coin.

Cryptocurrency prices are broadly rebounding on Thursday, following a dominant sell-off largely attributed to geopolitical tensions in the Middle East. Bitcoin (BTC) has risen and trades near $63,000, while Ethereum (ETH) pares losses around $1,750 as bulls aim for a short-term breakout above $1,800.

Meanwhile, despite Ripple’s (XRP) broader bearish outlook, the remittance token trades near $1.10 resistance, up from its short-term support range between $1.05 and $1.07.

Crypto sentiment dampens amid mounting geopolitical tensionsThe United States (US) and Iran continued to launch attacks at each other for the second consecutive day on Thursday, amid mounting pressure on the fragile ceasefire between the two countries, according to a CNN report.

The US military said it hit 90 targets along the Iranian coast overnight. In retaliation, Iran’s Revolutionary Guard reported that they launched attacks on US military bases in Kuwait and Bahrain.

US President Donald Trump has issued a warning that attacks could “get much worse” if Iran continues to strike ships transiting through the Strait of Hormuz. The CNN report added that an Iranian top negotiator said that the strait “will only open with ‘Iranian arrangements,’ not American threats.”

Sentiment in the broader crypto market remains constrained, as wars rarely favor risk assets. The Fear & Greed Index is embedded in the Extreme Fear territory at 22 on Thursday, up only marginally from 20 the day before. This indicates that risk appetite is on the back foot, with investors preferring to stay on the sidelines until geopolitical tensions stabilize. Therefore, recoveries are unlikely to make notable progress in the short term.

Crypto Fear & Greed Index | Source: AlternativePrice analysis: Bitcoin rebounds but struggles to build momentumBitcoin retains a capped tone as it holds well beneath the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs). Still, the recent reclaim of the downward resistance trendline, whose break area now comes in near $58,689, suggests bears are losing some immediate control.

At the same time, the Relative Strength Index (RSI) hovering just below the midline and a positive Moving Average Convergence Divergence (MACD) histogram together hint that downside momentum is fading rather than accelerating.

BTC/USDT daily chartInitial resistance is aligned with the 50-day EMA at around $65,452, followed by the 100-day EMA at approximately $69,089, with the 200-day EMA near $75,193 forming a more strategic barrier that would need to be overcome to revive a broader bullish trend.

On the downside, the first meaningful cushion is seen around the descending resistance line, now acting as support near $58,689. A sustained drop back through this zone would re-open room for a deeper corrective phase toward the psychological $60,000 level, while holding above it keeps scope for further consolidation beneath the overhead EMA cluster.

Altcoins technical outlook: Ethereum and XRP hold key support levelsEthereum sits above $1,700 while still capped beneath a dense layer of moving averages, keeping the near-term bias bearish despite improving momentum. Still, the MACD indicator stays in positive territory with the line above the signal and a constructive histogram, while the RSI hovers just above 50, hinting at steady but not aggressive buying interest.

ETH/USDT daily chartImmediate resistance lies at the 50-day EMA near $1,801, which is the first hurdle bulls must reclaim to extend the recovery. Above that, the 100-day EMA around $1,960 acts as a subsequent barrier, followed by the more significant 200-day EMA close to $2,243 that defines the broader bearish structure. Although there are no nearby technical supports on the daily chart, psychological and prior price lows at $1,700, $1,600 and $1,500 would serve as interim floors. A daily close above the 50-day EMA would be the first signal that selling pressure is starting to ease.

On the other hand, XRP maintains a bearish near-term tone with the spot price well beneath the 50-day, 100-day and the 200-day EMAs. However, the recent rebound from oversold territory is modest, with the RSI hovering in the mid-40s, suggesting only a mild recovery in momentum, while the Parabolic SAR at $1.03 sits below spot and hints at a still-intact but fragile attempt to stabilize after the latest decline.

XRP/USDT daily chartInitial resistance is seen at the descending trendline area near $1.14, followed by the 50-day EMA around $1.17. A daily close above these levels would be needed to ease downside pressure and open the way toward the 100-day EMA at $1.28 and the more distant 200-day EMA near $1.49.

Looking down, the Parabolic SAR at $1.03 marks the first notable layer of support. A break below this level would likely reinstate stronger selling pressure and expose the prior lows on the chart.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Bitcoin, altcoins, stablecoins FAQs Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.

Altcoins are any cryptocurrency apart from Bitcoin, but some also regard Ethereum as a non-altcoin because it is from these two cryptocurrencies that forking happens. If this is true, then Litecoin is the first altcoin, forked from the Bitcoin protocol and, therefore, an “improved” version of it.

Stablecoins are cryptocurrencies designed to have a stable price, with their value backed by a reserve of the asset it represents. To achieve this, the value of any one stablecoin is pegged to a commodity or financial instrument, such as the US Dollar (USD), with its supply regulated by an algorithm or demand. The main goal of stablecoins is to provide an on/off-ramp for investors willing to trade and invest in cryptocurrencies. Stablecoins also allow investors to store value since cryptocurrencies, in general, are subject to volatility.

Bitcoin dominance is the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies combined. It provides a clear picture of Bitcoin’s interest among investors. A high BTC dominance typically happens before and during a bull run, in which investors resort to investing in relatively stable and high market capitalization cryptocurrency like Bitcoin. A drop in BTC dominance usually means that investors are moving their capital and/or profits to altcoins in a quest for higher returns, which usually triggers an explosion of altcoin rallies.

Grayscale Investments, one of the largest asset management companies in the market, shared eight cryptocurrencies that stand out in the current market cycle and the key use cases each represents.

Grayscale, sharing from account X, identified eight key use cases for the current cycle: “Digital currency, World Computer, Global payments, High performance, 24/7 on-chain commerce, Tokenization and oracles, Next-generation infrastructure, Mass customization.”

Grayscale, which also identifies the prominent cryptocurrencies in these areas, included Bitcoin and 7 altcoins, including Ethereum and XRP, in its list.

At this point, Grayscale argues that Bitcoin’s fixed supply, institutional investor interest, and adoption as a reserve asset have made it a cornerstone of the cryptocurrency market.

“Bitcoin (BTC) → Digital money
Ethereum (ETH) → World Computer
XRP → Global payments
Solana (SOL) → High performance
Hyperliquid (HYPE) → 24/7 on-chain trading
Chainlink (LINK) → Tokenization and oracles
SUI → Next-generation infrastructure
Avalanche (AVAX) → Mass customization”

Looking at the table, Grayscale describes Ethereum as a global infrastructure for smart contracts and decentralized applications, while highlighting XRP for cross-border money transfers.

According to the company, Solana attracts developers with its high transaction capacity and low-cost infrastructure, while Chainlink stands out with its oracle infrastructure, which plays a critical role in the tokenization of real-world assets.

HYPE, the token of the Hyperliquid ecosystem, has recently stood out among projects offering 24/7 on-chain derivatives trading and a decentralized trading experience.

Finally, while Sui (SUI) stands out with its next-generation Layer-1 architecture focusing on scalability and user experience, Avalanche is considered a significant alternative in enterprise use cases.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

This site is protected by reCAPTCHA.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

This site is protected by reCAPTCHA.

Trading in XRP has been slowing down and becoming less volatile lately as speculation dried up after several months of high activity. The decline in activity did not indicate that investors may be losing confidence in XRP.

Instead, this decline could mean that traders are being cautious and are waiting for stronger catalysts before committing fresh capital.

In March, XRP was trading at approximately $1.13. Back then, the 30-day volume Z-score for Binance was approximately 3.00, indicating that activity exceeded the average for the same period.

Source: CryptoQuant However, since late March, there have been steady declines in participation levels and volatility as well. This level of calm typically occurs prior to large directional moves by price.

Whether XRP breaks higher or lower will likely depend on fresh liquidity returning and restoring stronger market conviction across participants.

XRP liquidity rotates across exchanges While Binance’s XRP activity has cooled down, demand has been increasingly rotating towards regional markets rather than fading altogether. too Such a shift implied that traders may be redistributing liquidity as different investors respond to changing market conditions.

At press time, the altcoin was trading at approximately 1,616 KRW on the Upbit exchange. The price had fallen from 1,673 KRW down to an intra-day low of 1,608 KRW. Simply put, sustained selling pressure was evident on the crypto’s price chart. 

Source: UPbit On the contrary, 24-hour volumes stood at 71.62 million XRP or approximately $78.64 million. These figures hinted at strong levels of active participation by investors. 

Therefore, if broader global demand joins this regional activity, XRP could recover strongly. Conversely, localized buying activity alone may struggle to reverse prevailing market weakness.

Institutional custody strengthens XRP adoption While regional exchanges have supported the altcoin’s trading activity, institutional infrastructure has expanded too, reinforcing the altcoin’s long-term market position.

For example – Clearstream recently announced that it will add XRP along with six other cryptocurrencies to its list of supported cryptocurrencies on its regulated custody platform based on the MiCA framework by Crypto Finance.

Source: Clearstream This update provides institutional investors compliant access via a traditional post-trade platform, as opposed to using cryptocurrency-only custodial services. As regulatory hurdles continue to decrease, so too do the operational and counterparty risks associated with investing in XRP.

All in all, if adoption across regulated custody platforms continues to accelerate, XRP could attract broader institutional capital. It will also deepen market liquidity and strengthen its role within mainstream financial markets.

Final Summary XRP’s demand has been rotating across markets as institutional infrastructure continues to strengthen long-term adoption. XRP now depends on renewed global liquidity to turn stronger institutional support into sustained price momentum.

News

Video

PricesResearch

Events

Data & Indices

Sponsored Jul 9, 2026, 5:07 a.m.

2 min read

Summary

XRP is trading in a tight range around $1.09, with buyers defending the $1.00 to $1.05 support zone while sellers cap rallies below nearby resistance.Chart analysts say a long-term falling wedge and ascending channel remain intact above $1.00 to $1.05, but upside targets as high as $3.65 and beyond require a confirmed breakout that has not yet occurred.Until XRP can clear near-term resistance around $1.088 to $1.091 and then the $1.20 to $1.25 area, trading is likely to remain a support-defense setup rather than a sustained breakout.XRP is still moving sideways near $1.09, but traders are watching whether the quiet range is setting up a larger break. Buyers continue to defend the $1.00-$1.05 zone, while sellers have kept the token capped below short-term resistance. That leaves the market compressed between a support area that has held for weeks and a downtrend that still needs to be cleared.

News Background• XRP continued to trade without a clear fundamental catalyst, leaving technical levels to drive most of the session’s positioning.

• Analysts pointed to long-term falling wedge and ascending channel structures that remain intact as long as XRP holds above the $1.00-$1.05 support zone.

• Several chartists identified upside targets ranging from $2.20 to prior all-time highs near $3.65 if XRP can break its longer-term downtrend.

• More aggressive Fibonacci projections point to $4.10, $7.60 and $11.80, though those targets require a confirmed breakout that has not yet occurred.

Price Action Summary• XRP edged from $1.0890 to $1.0900 in early Tuesday trading, with price still locked inside a narrow near-term range.

• The token briefly pushed through $1.088 resistance during a 23:44 UTC breakout attempt.

• Volume during that move reached 688,000 XRP, about 120% above the session average, before momentum faded.

• Earlier selling took XRP to a session low near $1.0742 after volume rose to 80.2 million, about 83% above the 24-hour average.

Technical Analysis• The key development is that XRP continues to defend the $1.00-$1.05 support zone, which analysts say aligns with longer-term moving average and trendline support.

• The near-term chart remains weak despite the small bounce. Lower highs at $1.1133, $1.0993 and $1.0932 show sellers are still capping recovery attempts.

• XRP needs to hold above $1.088-$1.091 to build a cleaner move toward $1.093-$1.095.

• The larger setup remains a compression trade rather than a breakout. Monthly wedge and channel patterns may point to higher targets, but confirmation requires a sustained move above nearer resistance first.

• Relative weakness against bitcoin remains a risk, with the XRPBTC pair testing support near 1,700 sats.

What traders should watch• $1.00-$1.05 remains the key support zone. Losing it would put $0.90 and then $0.80 back in focus.

• $1.088-$1.091 is the immediate resistance area after capping the latest breakout attempt.

• $1.20-$1.25 is the next major zone, where candle resistance and the 100-day moving average sit.

• A move above $1.40 would be the first stronger sign that XRP is breaking out of its broader compression.

• Until XRP clears near-term resistance, the market remains a support-defense trade with long-term breakout targets still unconfirmed.

12345678910

XRP spot exchange-traded funds have recorded a substantial $7.29 million net outflow. 

This is the most significant single-day loss that these funds have recorded since March.

The Bitwise factor 

HOT Stories

Notably, a single fund for the unfortunate outflows. The Bitwise XRP ETF fully absorbed the $7.29 million net redemption.

However, despite bleeding capital during the mid-week trading session, the broader outlook for the Bitwise product remains rather positive. 

The fund's cumulative historical net inflow still sits at an impressive $494 million. 

However, it has lost only a fraction of the total capital it has attracted since its inception.

Reen volatility The July 8 outflow snapped a period of relative calm and positive momentum for XRP investment ETFs. As reported by U.Today, these products had shown impressive resilience despite all the bleeding that Bitcoin and Ethereum vehicles had suffered. 

You Might Also Like

The preceding two trading days, July 6 and July 7, saw completely flat flows with zero net movement. Before the weekend, the funds actually logged a solid $6.55 million net inflow on July 2, which itself followed a minor $1.86 million outflow on July 1.

On June 29, the funds pulled in a massive $15.34 million, building on an equally impressive $15.63 million net inflow recorded just days prior on June 26. 

A drop in the bucket The recent $7.29 million dip pales in comparison to the massive capitulation event witnessed on January 29, when XRP spot ETFs lost a staggering $93 million in a single brutal trading session.

Despite the recent bumps in the road, cumulative net inflows across all approved XRP spot ETFs continue to hover around a healthy $1.40 billion mark. 

Bitcoin, Ethereum and XRP bounced after US President Donald Trump said that Iran had called him and wanted to make a deal. US stock futures also turned green following the completion of strikes confirmed by the US Central Command on Thursday.

President Trump Claims Iran Seeks Deal After Second Set of Strikes Stocks and crypto markets reacted positively to President Trump’s latest comments that Iran called him, saying “they want to make a deal so badly.” However, he is unsure about making a deal with Iran again amid ceasefire violations and strikes against US forces in the Middle East.

“I just don’t know if they’re worthy of making a deal. I don’t know that they’re going to honor the deal. That’s the problem,” Trump said. The White House is preparing for a multi-day or even weeks of strikes against Iran over the Strait of Hormuz control.

Bitcoin and XRP bounced after the US Central Command (CENTCOM) said U.S. forces completed strikes on nearly 90 Iranian military targets. These included air defense systems, coastal surveillance sites, missile and drone storage areas, naval assets, and logistics infrastructure

The strikes come after previous operations targeting Iranian military capabilities following attacks on commercial ships in the Strait of Hormuz. CENTCOM says its forces remain on alert and ready to respond.

Meanwhile, sources told CoinGape that Iranian officials rejected Trump’s claim that they are “begging for a deal,” stating that the Trump administration is repeatedly asking Iran to hold back and request talks.

Iran’s IRGC even attacked and hit US military infrastructure in Kuwait’s Camp Arifjan and Ali Al-Salem base in retaliation. It also carried out strikes on the US Fifth Fleet HQ and Sheikh Isa base in Bahrain in a joint missile and drone operation, as per Tasnim.

BREAKING: Iran's IRGC announces it has attacked and hit US military infrastructure in Kuwait's Camp Arifjan and Ali Al-Salem base, along with the US Fifth Fleet HQ and Sheikh Isa base in Bahrain in a joint missile and drone operation, per Tasnim.

The IRGC calls this the "first…

— The Hormuz Letter (@HormuzLetter) July 9, 2026

Bitcon and XRP Climb Higher Bitcoin (BTC) and XRP bounced from recent lows as traders saw Trump’s remarks on Iran as signs of negotiations. BTC dipped near $61,500 earlier amid renewed US-Iran war tensions, but buy-the-dip sentiment triggered a bounce above $62,500.

XRP also recovered, holding near $1.09 after sliding from $1.16 amid US-Iran ceasefire violations. This rebound also comes amid positive developments, including Ripple signing XRP jersey patch deal with Kansas Jayhawks.

In addition, FOMC Meeting Minutes revealed that Fed officials support holding interest rates steady for longer, despite a rate hike still on the table. Bitcoin and XRP trading volumes remain in the red as traders await macro and clear technical catalysts.

Bitcoin has started July on a solid footing, consistent with its historically strong seasonal performance. Supportive comments from President Trump, including remarks that the US is “taking over crypto” and SEC pro-crypto rules changes, have helped sentiment. BIT predicted Bitcoin faces initial resistance at $65,955.

#BTC

If history repeats, things are likely going to pick up for Bitcoin and its Summer relief rally in the second half of July$BTC #Bitcoin

— Rekt Capital (@rektcapital) July 8, 2026

If you want to easily, efficiently, and quickly swap one crypto to another crypto, check out these 10 Best Crypto Swapping Sites.

Ripple (XRP) and Stellar (XLM) extend losses on Thursday, correcting over 6% and 10%, respectively, so far this week. XRP falls below $1.090, while XLM posts a fifth consecutive day of correction and closes below key support levels. The bearish sentiment is further strengthened by renewed tensions between the US and Iran, dampening risk appetite and heightening the risk of deeper corrections for these altcoins.

Renewed US-Iran tensions cap risk sentimentThe fragile US-Iran relationship took a new development this week, with the US military unleashing a new wave of strikes against Iran in retaliation for Tehran’s attacks on commercial ships in the Strait of Hormuz.

Iran retaliated by continuously targeting US military installations and assets across Bahrain and Kuwait. Adding to this, US President Donald Trump said on Wednesday that the ceasefire with Iran was now over.

In addition to the growing tensions, the Minutes from the June 16–17 FOMC meeting were released on Wednesday and revealed that policymakers were divided over the direction of interest rates. The minutes reflected growing concern among Fed officials over inflation just as worries about the labor market slightly receded. Following the release, swap traders are now pricing the likelihood of a rate hike at the next Fed meeting at more than 30%, up from less than 20% last Thursday, according to the CME FedWatch tool.

The renewed geopolitical uncertainty and hawkish shift in rate expectations have dampened risk appetite, weighing on cryptocurrencies with Bitcoin (BTC) slipping below $62,000. At the same time, XRP and XLM continue their correction on Thursday.

Weakening institutional demandSoSoValue data shows institutional demand is cautious. Spot Exchange-Traded Funds (ETFs) recorded an outflow of $7.29 million on Wednesday after being muted in the previous two days. If this outflow trend continues and intensifies this week, XRP could see further correction.

Total XRP spot ETF net inflow daily chart. Source: SoSoValueCryptoQuant’s summary data shows cautious optimism. XRP’s spot and futures markets show large-whale orders, while other metrics remain neutral, supporting a potential recovery. However, XLM shows selling-side dominance in both markets, with mixed retail activity and large-whale orders in the futures market, hinting at cautious sentiment among traders.

XRP summary data. Source: CryptoQuant

XLM summary data. Source: CryptoQuantXRP technical outlook: Slips below key supportXRP price trades at $1.086 on Thursday, extending a bearish near-term bias as price holds well beneath the 50-day, 100-day and 200-day Exponential Moving Averages (EMAs) at $1.173, $1.275 and $1.482. 

XRP also sits inside a downward-sloping parallel channel, with the upper boundary near $1.090 acting as immediate overhead supply, while the Relative Strength Index (RSI) around 42 points to subdued momentum and the Moving Average Convergence Divergence (MACD) indicator, still slightly positive but easing, hints at waning bullish attempts within a broader capped structure.

On the topside, initial resistance is aligned at the upper channel boundary around $1.090, followed by the 50-day EMA near $1.173. Above that, the 100-day EMA at $1.275 converges with horizontal resistance at $1.300, forming a thicker barrier ahead of the 200-day EMA near $1.482 and a higher structural cap at $1.900. 

With no meaningful nearby support levels in the current dataset, any break above the $1.090 zone would be needed to ease immediate pressure. At the same time, a failure to reclaim the short-term averages would keep the daily bias tilted to the downside.

XLM technical outlook: Extends lossesXLM price trades at $0.180 on Thursday, keeping a bearish near-term bias as price holds below the key EMAs. The 100-day EMA at $0.186, the 50-day EMA at $0.191 and the 200-day EMA at $0.198 all sit overhead, suggesting rallies are likely to be capped while the pair trades under this cluster of dynamic resistance. 

Momentum indicators reinforce the soft tone, with the RSI hovering near 42 and the MACD back in negative territory, hinting that upside attempts could fade into supply.

On the downside, immediate support is located around the recent pivot zone near $0.180, ahead of a horizontal floor at $0.177. A deeper slide would expose the 78.6% Fibonacci retracement at $0.173, while a break beneath that level could open the way toward the next structural support around $0.142. 

On the topside, initial resistance is seen at the 100-day EMA at $0.186, followed by the 50-day EMA at $0.191 and the 200-day EMA at $0.198. Above there, the 61.8% Fibonacci retracement at $0.200 and the 50% retracement near $0.218 are subsequent barriers, with higher Fibonacci levels at $0.237 and $0.260 likely to cap any extended recovery, while the broader structure remains bearish.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

THE STREET: XRP Ledger's security remains stuck despite upgrade

Despite experiencing significant declines, Ripple aims to solidify its leading position in the blockchain ecosystem.

At this point, Ripple is expanding its corporate digital asset services by forging new partnerships to continue its global growth.

Accordingly, Ripple partnered with Kansas Athletics, the official collegiate sports program of the University of Kansas in the USA.

Kansas Athletics officially announced the partnership.

“Kansas Athletics proudly announces a groundbreaking new partnership with Ripple, bringing the XRP brand to their Jayhawk uniforms.”

With this partnership, XRP will become the first cryptocurrency to be featured on the uniform of a major university sports program.

The inclusion of the XRP logo on the jersey marks a historic milestone for XRP, and initiates the first ever cryptocurrency sponsorship for a major university sports program.

It was also noted that Ripple CEO Brad Garlinghouse is a graduate of the University of Kansas.

XRP 🤝 University of Kansas

History on a jersey patch: the first-ever crypto sponsorship of a major college athletics program starts today. https://t.co/9U9hWIpvq9

— Ripple (@Ripple) July 8, 2026

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

In brief Ripple has signed a sports marketing deal with the University of Kansas to make XRP the official crypto of Kansas Athletics. The deal places the XRP logo prominently on the jerseys of sporting teams at the university. The company will also fund educational programs about traditional finance and digital assets for student-athletes. Ripple, the payments company whose founders created the XRP cryptocurrency, has inked a multi-year sponsorship deal with the University of Kansas Athletics that will place the XRP logo on the jerseys of all Kansas athletic teams. 

As part of the agreement, XRP also becomes the official cryptocurrency of Kansas Athletics. 

“This era of college athletics demands innovative, forward-thinking partnerships," Director of Athletics at the University of Kansas Travis Goff said in a statement. 

“Ripple recognizes the unique reach and passion of the Jayhawk community, and we're proud they have chosen Kansas Athletics as a premier platform to introduce XRP to millions of sports fans,” Goff said. 

Beyond the jerseys, Ripple will also fund educational programs focused on traditional finance and digital assets for Kansas students-athletes, while seeking to connect KU graduates to careers in technology. 

“It's a critical time in college athletics to be bold, and that's what is being accomplished with today's announcement,” Kansas Men’s Basketball Coach Bill Self said in a statement. “We will make sure our guys understand the significance of the partnership and why it is beneficial for them moving forward."

The deal reconnects the Jayhawks and University of Kansas with Ripple President Brad Garlinhouse, who graduated from the university and previously described watching Jayhawks games as a “guilty pleasure.”

The crypto industry has a long, and at times controversial, history of sponsorship deals in the sports world.

FTX, the collapsed crypto exchange whose founder Sam Bankman-Fried was convicted for fraud, famously bought the naming rights for the stadium that hosts the Miami Heat NBA franchise in 2021—only for the FTX logo to be torn down less than two years later. Terra, a crypto network that similarly collapsed and whose founder is also behind bars, signed a five-year sponsorship deal with MLB franchise the Washington Nationals in 2022, and its logo still adorns the ballpark.

More recently, though, crypto companies have been wading back into sports marketing, with leading U.S.-based crypto exchange Coinbase holding a long-standing sponsorship deal with the NBA. In June of last year, the Paris-based digital asset security firm Ledger also landed a sponsorship agreement with the San Antonio Spurs, which prominently placed the Ledger logo on the Spurs jerseys and arena floor throughout the NBA season. 

If the marketing spend for Ripple is to make a positive market impact for XRP, it won’t be felt immediately. The price of XRP today fell around 4.2%, as the cryptocurrency clings to a top 6 spot among digital assets with a $67 billion market cap. The Ripple-linked token notched a new all-time high of $3.65 last year, but has since fallen nearly 71% to trade around $1.07. 

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

A fundamentally new driver of long-term value has quietly formed inside the XRP Ledger (XRPL), as according to the latest on-chain metrics, the volume of commercial transactions executed exclusively by artificial intelligence via the x402 protocol has officially surpassed 1,000,000 transactions.

The historic milestone became clear alongside today's launch of the XRPL AI Hub platform by t54 and the XRP Ledger Foundation (XRPLF). This event forces a new look at the fundamental utility of XRP and the Ripple USD stablecoin.

Number of XRP and RLUSD settlements by AI agents, Source: XRPL AI HubThe published statistics break the myth that the use of crypto assets in the AI sector is limited to chaotic testing. At the moment, the registry has recorded 121 active merchants, but more than 77% of the entire million-transaction volume is distributed among three major infrastructure players:

HOT Stories

Heurist Mesh — 404,091 transactions. A decentralized network of GPU power, where AI agents automatically and by the minute rent computing resources from one another to perform model inference.LucyOS — 367,733 transactions. A specialized operating system for AI, where independent bots continuously trade services and coordinate tasks.AskSurf — 23,076 transactions. An intelligent search service that purchases structured data in real time.The rest of the traffic falls on the "long tail" of dozens of wallets, with around 2,400 operations per address. The identical density of these payments indicates that developers have moved to the pipeline deployment of standard autonomous AI agents.

Why the XRP Ledger architecture fits the AI economyThe integration of the x402 protocol from t54 has completely removed humans from the settlement chain, and programs now operate balances directly, without using bank cards.

According to XRPL Foundation member Vet, the architecture of the XRP Ledger perfectly covers the needs of the autonomous agentic economy because, unlike other blockchains where transaction costs rise unpredictably during peak loads, XRPL offers fixed, extremely low fees. This allows developers to strictly forecast the operating costs of AI.

You Might Also Like

Together with high settlement speed, the global liquidity of XRP, and the presence of a built-in decentralized exchange (DEX) for instant automatic asset conversion 24/7, the network gains a powerful fundamental advantage, the contributor emphasized.

As t54 co-founder Chandler Feng briefly noted while commenting on the million-transaction milestone: "Development was slow, and then it happened all at once." And now there are already one million transactions.