The crypto market just weathered its largest liquidation event ever on Friday night, U.S. time, wiping out $16 billion in leveraged bullish bets across Bitcoin ($111,657.56), Ether ($3,836.70), XRP ($2.5041), Solana ($188.27), and other altcoins.
Read MoreThe XRP token is currently facing intense downward pressure driven by sustained selling from large holders, known as whales, alongside bearish signals from technical analysis.
Read MoreThe price of XRP moved just above $3.00 on Sunday, October 5, holding steady around its recent five-day average.
Read MoreRecent ledger data shows that XRP has experienced a dramatic spike in on-chain payment volume, hitting 1.58 billion XRP in a single day.
Read MoreXRP has successfully held above the $3.00 psychological mark, confirming a short-term price floor near $2.99 following elevated trading volumes spurred by institutional interest.
Read MoreThe Flare Network and Enosys Loans, in collaboration with Liquity V2, have announced the creation of the first-ever stablecoin backed by XRP.
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