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Crypto

XRP market shifts? 21Shares points to four changes

XRP has risen nearly 48 percent over the past week, and 21Shares said structural changes of a different scale from last year are emerging in the XRP ecosystem. It cited spot XRP ETP inflows, relatively low supply dilution, expansion of RLUSD and increased XRP Ledger activity. It also pointed to a gap between growing payments and declining fee revenue, and said the market is watching whether broader collateral use will translate into real demand.

Industry

Lithium prices rise to $22 as recycled battery sector nears profit turnaround

Lithium prices have climbed from about $8 to $22 in a year, ending a nearly three-year slide in secondary battery raw materials, helping resource recyclers that extract and resell metals from used batteries. The recovery in selling prices is raising expectations that a loss-making stretch of more than 10 quarters could shift to profit. Analysts also point to improving utilisation at new plants. The outlook hinges on supply, including expected new lithium mine operations by China’s CATL in the second half.

Crypto

Cardano joins RWA tokenisation race, ranks fifth in growth among major chains

Cardano ranked fifth among major blockchains for 30-day growth in tokenised real-world assets (RWA), with value rising 23.1 percent to $55.3 million, The Crypto Basic reported. The ranking, compiled by the RWA Foundation using Token Terminal data, compared monthly RWA value growth across ecosystems. Cardano is smaller in absolute size than top chains but outpaced some large networks in growth. Its ecosystem is also expanding RWA infrastructure and partnerships.