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Crypto

RLUSD gains presence on XRPL as supply hits 52 percent and trading pair reaches $900 million

About 52 percent of Ripple’s stablecoin RLUSD supply has moved to the XRP Ledger, crossing the halfway mark for the first time. On-chain data released by Evernode show the share on XRPL has risen from 17 percent in April 2025. RLUSD held on Ethereum has fallen from about $1.24 billion in February 2025 to about $700 million, leaving Ethereum with 48 percent. Evernode said RLUSD growth on XRPL is also lifting trading activity.

Crypto

XRP breaks resistance as short liquidations mount; next test is $1.065 support

XRP has broken a key resistance level, rapidly expanding losses for short sellers. A sharp rise after a prolonged $1.02 to $1.06 range led to widespread liquidations. Over the past 24 hours, more than $634 million in margin positions were forcibly liquidated across the crypto market, with about 73 percent tied to shorts, CoinGlass data showed. In XRP, about 81 percent of losses came from bearish bets.

Crypto

XRP holds $1 but risk of pullback to $0.815 grows

XRP is facing renewed downside pressure after failing to break above its 50-day simple moving average. It has struggled to exit a downtrend lasting nearly a year after failing to reclaim key resistance last month. Analysts say the June rebound did not signal a trend reversal, with an intraday high capped at $1.30. With XRP still below major resistance, charts point to a potential further correction toward $0.815.