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XRP pushed to roughly $1.45 this week after the Bank for International Settlements published a proof-of-concept using the XRP Ledger to anchor official statistics on-chain, per a working paper released Friday. The move landed alongside Ripple CEO Brad Garlinghouse's public campaign for the CLARITY Act ahead of a Sept 15 Senate vote, and a fresh record in agentic XRP and RLUSD transactions closing in on 4 million. The setup is the strongest institutional backdrop XRP has had this cycle, and it's arriving into a market that just repriced Fed cuts.
XRP is trading around $1.45, up more than 6% on the week, after the Bank for International Settlements published a proof-of-concept paper testing the XRP Ledger as a substrate for verifying official statistics on-chain. CryptoPotato and ZyCrypto both flagged the paper on Friday. The BIS didn't endorse XRP the asset, and it's worth being precise about that. It tested XRPL as a public ledger capable of anchoring cryptographic proofs of national accounts data. That's a narrow claim.
Latest News
- U.TodayimportantXRP Ledger to Get Major Amendment This Month
XRP Ledger to get BatchV1_1 amendment this month, paving the way for increased adoption and price growth.
- CryptoNews.comimportantRipple Returns to Korea as Major XRP Company Awaits Nasdaq Listing
Ripple's ecosystem expands into Korea with major XRP company awaiting Nasdaq listing.
- U.TodayimportantXRP Futures Activity Surges to Highest Level in Six Months
XRP futures reach six-month high on renewed Binance activity
- 99bitcoinsimportantXRP Ripple Held Firm After its September Escrow Release
Ripple's September XRP escrow release helped absorb supply and maintain price stability.
- U.TodayimportantRipple's RLUSD Sees Massive Repositioning From XRP Ledger to Ethereum
Ripple's RLUSD supply is deflating on XRP Ledger while inflating on Ethereum.
- Crypto.NewsXRPPower launches its global AI trading system, offering free access to XRP and BTC holders with up to $5,000 daily
XRPPower launches AI trading system offering free access to XRP and BTC holders with up to $5,000 daily.
- Crypto.NewsThe U.S. Treasury’s plan to double the scale of its Treasury buyback operations is expected to take effect on Sep. 9; XRP is poised to break through the $1.70 mark, with holders potentially earning $10,000 daily
U.S. Treasury's buyback program to double its scale is expected on Sep 9.
- CryptoSlateXRP lending model leaves depositors with 90% of a bad loan’s loss despite reserves twice its size
XRP lending model results in significant losses for depositors despite reserves being twice its size.
Recent Analysis
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About XRP
XRP (XRP) is a payments cryptocurrency.
An evergreen profile covering its purpose, key milestones, use cases, and risks will appear here.
FAQ
- What is XRP?
- XRP (XRP) is a payments-focused cryptocurrency, designed for fast and low-cost value transfer. See our methodology page for how we track and analyze it.
- Can you send payments with XRP?
- XRP (XRP) is built primarily for transferring value between addresses with predictable fees and confirmation times. Real-world acceptance varies by region, and on-/off-ramps remain the practical bottleneck for most users.
- Why is XRP considered a major crypto?
- XRP (XRP) is in the top tier of tracked assets at Cryptomat. Tier 1 covers blue chips with deep liquidity across major exchanges, sustained news flow, and (for most) ETF eligibility or active institutional coverage.
- Where can I see the live XRP price?
- The live XRP price is at the top of this page, streamed in real time from Binance spot markets.
- Where can I read the latest XRP analysis?
- This hub aggregates Cryptomat's XRP coverage in one place: classified breaking news, deep-dives with bull/base/bear scenarios, on-chain signals, and the CryptoBeast sentiment score.