Ripple launches Ripple Mint and taps Notabene as RLUSD transfer volume drops 25%
RLUSD value moved fell to about $11B/$10.95B in a month even as holders and active addresses climbed.
Digital payment network and cryptocurrency for cross-border transfers.
View XRP price, charts & market data →RLUSD value moved fell to about $11B/$10.95B in a month even as holders and active addresses climbed.
The cohort split coincided with XRP rebounding from about $1 in late June to around $1.16.
Circle CEO Jeremy Allaire echoes the thesis, arguing agentic AI and blockchain are converging into one economic system.
The short-term trigger is in play, but the daily chart still faces heavy resistance at $1.24–$1.28.
Exchange reserves dipped from 2.62B to 2.61B since July 10 while NVT printed 312.8, a mix framed as similar to the pre-790% 2024 run.
The July 14 piece frames RLUSD as Ripple’s “XRP-native stablecoin,” with no launch or reserve details in the excerpt.
With oil markets shut for the weekend, Monday’s crude reopen is the key cross-asset test for the muted crypto reaction.
Long-heavy derivatives positioning clusters around a tight support zone after a late-June multi-year low near $1.01.
Validator readiness is already above the 80% activation bar, while fixCleanup3_2_0 remains a separate, slower catalyst.
USD/JPY hovered near 162 as CFTC data showed the most bearish yen positioning since 2007 and SBI reported 2 million accounts.
Spot CVD flipped to +$406M while open interest slid to about $823.8M, pointing to spot support without leveraged confirmation.
Oil rose more than 2% to $72.27 and DXY held above 101.00 as ETH, XRP, and SOL fell 1%–2.3%.
Spot XRP ETFs also logged eight straight weeks of net inflows, with ~$1.47B cumulative inflows cited through late June.
Spot XRP ETFs added $17.19M for a ninth straight week, but volume still hasn’t confirmed a clean break above $1.15.
The bounce was tied to a bearish squeeze and softer U.S. data, with the next inflation print set as the follow-through test.
The token traded around $1.14 while MVRV sat near -45% and -47%, signaling holders are deeply underwater.
Coinglass data showed BTC on track for a second straight red quarter as major altcoins fell harder on the week.
The acquisition is targeted to close around October and is contingent on regulatory clearance.
SpaceX stock perpetuals also climbed to $812M notional open interest, concentrated on Hyperliquid and Binance.
Flutterwave says the undisclosed investment implies a $3.3B valuation and will add Ripple Payments rails to its 35-country network.