Global #XRP

Coinbase Derivatives is set to expand its offerings with the debut of nano perpetual-style futures for XRP and Solana (SOL) on August 18th.

The crypto market is experiencing a significant surge in institutional investment, with crypto funds attracting an impressive $1.9 billion in inflows last week, pushing month-to-date inflows to a record $11.2 billion.

As the crypto market experiences a resurgence, traders are on the hunt for assets with significant profit potential. Among the notable contenders, Ripple's XRP and Shiba Inu (SHIB) have caught considerable attention.

The XRP Ledger (XRPL) is experiencing unprecedented growth, with a record-breaking 7.24 million wallets, signaling a significant surge in adoption and on-chain activity.

After a strong rally, XRP has given back its recent gains, retreating from the new all-time high it set just last week. The cryptocurrency was recently trading at $3.09, a more than 15% drop from its record of $3.65.

The cryptocurrency market is experiencing a significant shake-up, with a sharp sell-off in altcoins over the past few days casting a shadow of doubt over the recent "altcoin season" narrative.