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Ripple News
Blockonomi
1w
246
Image Credit: Blockonomi
Ripple’s Role Expands as UAE’s Trojena Project Integrates Blockchain and Tokenized Assets
- Trojena project in the UAE integrates XRP and blockchain for programmable real estate and energy settlements.
- Dubai pilot program using XRP Ledger reduces real estate costs by almost 50%.
- Zand Bank issues regulated stablecoin and offers XRP-based custody through RippleNet.
- XRP facilitates instant, global payments for fractional ownership in luxury zones within the NEOM city.
- Trojena, part of Saudi Arabia's NEOM city, aims to host the 2029 Winter Olympics and is becoming a programmable economy.
- The area features a decentralized, renewable energy grid powered by solar, wind, and hydrogen.
- Energy pricing is real-time and integrated into smart contracts allowing for autonomous microsettlements.
- Blockchain technology is used for property ownership and settlement in Trojena's luxury zones.
- Dubai is testing the XRP Ledger for property trades to reduce costs and enable instant, fractionalized ownership.
- Zand Bank issues a Dirham-backed stablecoin under full regulation and provides RippleNet services including custody.
- Trojena allows global buyers to purchase fractional property units using digital currencies like XRP, USDC, or EURC.
- XRP's price is $2.33 according to CoinGecko, showing a 0.52% gain in 24 hours and a 3.30% rise in 7 days.
- Ripple's technology supports the merging of tokenized finance and smart infrastructure in the UAE.
- Ripple's tools play a key role in establishing a new programmable economy in NEOM and Dubai.
- The article was originally published on Blockonomi, highlighting Ripple's expanding role in the UAE's Trojena project.
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TheNewsCrypto
1w
8
XRPL Sidechain Bridges Ethereum to XRP Ledger in Q2 Launch
- Ripple is launching an EVM-compatible sidechain on XRPL in Q2 2025, integrating Ethereum smart contracts into the XRP ecosystem.
- The move brings native Ethereum compatibility to XRPL, offering Solidity-based dApps, token swaps, liquidity pools, and yield farming with XRP's speed and low fees.
- The XRPL EVM sidechain, running alongside the main XRP Ledger, has attracted 87 new projects, indicating traction beyond the XRP community.
- A bridge facilitated by Axelar and Squid Router simplifies token transfers between XRPL mainnet and the new EVM sidechain.
- Developers can utilize familiar Ethereum tools like Remix, Truffle, and MetaMask for deployment and benefit from Proof-of-Authority security and Cosmos interoperability.
- The sidechain aims to enable core DeFi functionalities in the XRP ecosystem, potentially improving swaps' efficiency and reducing slippage.
- Ripple's strategy focuses on maintaining XRPL mainnet performance for real-time settlement and low fees by moving complex smart contract operations to sidechains.
- The imminent mainnet launch includes developer resources, testnet faucets, and bridge tools for a smooth transition to production.
- Ripple aims to expedite XRPL adoption in DeFi, tokenization, and Web3 sectors by blending Ethereum's adaptability with XRPL's speed and scalability.
- The news signals XRPL's progression toward broader utility and interoperability in the crypto space.
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TronWeekly
1w
87
Image Credit: TronWeekly
Ethereum Leads Inflows with $296M as Bitcoin Experiences Outflows
- Ethereum sees $296.4M in inflows while Bitcoin faces $56.5M outflows in digital asset investments.
- Ethereum shows strong investor confidence with $1.5B in inflows over seven weeks amidst market uncertainty.
- XRP experiences outflows for the third consecutive week signaling reduced interest in altcoins.
- Digital asset investment products had inflows of $224 million last week with Ethereum leading at $296.4 million.
- Market uncertainty and policy decisions impact inflows as investors await the Federal Reserve's stance on inflation.
- Ethereum receives consistent inflows, reaching a total of $1.5 billion, showcasing strong investor appeal.
- Bitcoin faces outflows of $56.5 million for the second consecutive week, leading to uncertainties among investors.
- Altcoin investments have decreased amid overall market uncertainty, with XRP outflows totaling $6.6 million.
- Digital asset investments of $175 million in the U.S., $47.8 million in Germany, and $15.7 million in Switzerland were recorded.
- Fewer inflows of $9.8 million and $6.5 million were noted in Canada and Australia respectively.
- Brazil and Hong Kong faced small losses in foreign capital with Hong Kong halting its record inflows.
- Investors are cautious due to unclear government plans affecting digital asset volumes, while Ethereum outperforms amidst policy uncertainties.
- Future developments are expected in the digital asset market with Ethereum's dominance evolving.
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Coinjournal
1w
88
Image Credit: Coinjournal
XLM rises with XRP and Solana as crypto ETF optimism builds
- Stellar (XLM) price increased by 3% in 24 hours amidst a general rise in altcoins.
- XLM's price surge is attributed to potential bullish catalysts and a positive sentiment around exchange-traded funds and decentralized finance.
- Stellar's price hit $0.28, and there are indications of a possible bullish breakout based on various metrics and technical outlook.
- Factors contributing to XLM's rise include positive movements in XRP, Solana, and Cardano, as well as regulatory optimism regarding crypto ETF approvals.
- Nasdaq recently added Stellar, Ripple, Solana, and Cardano to its benchmark crypto ETF price index, hinting at potential future growth.
- XLM's price forecast suggests a possible spike to $0.93 with resistance at $0.35 and $0.56, but challenges could arise if the price dips below $0.30.
- XLM had highs of $0.60 in December 2024, marking a significant increase from lows of $0.1 in November.
- Technical analysis indicates that XLM is trading above a key support level and may be gearing up for a breakout above a descending trendline.
- Indicators like RSI and MACD suggest upward momentum, potentially leading XLM to target highs from December 2024 and even touch its all-time highs around $0.93 from 2018.
- The next few months will be crucial as regulatory decisions on crypto ETF applications are expected to play a significant role in determining the future trajectory of altcoins like XLM.
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Bitcoinist
1w
284
Image Credit: Bitcoinist
Deadly Or Disruptive? XRP Gets The COVID-19 Comparison From Finance Expert
- Financial commentator Gary Cardone accused XRP of siding with authoritarian powers to stay relevant amidst a rumor that the European Central Bank may use the XRP Ledger for its digital euro project.
- Gary Cardone criticized XRP and ECB President Christine Lagarde, likening XRP's role in global finance to a second wave of Covid-19 and implying support for XRP as voting for 'European warmongers.'
- Speculation persists around the ECB potentially utilizing the XRP Ledger for the digital euro, although no official confirmation has been made, and Ripple has engaged with other central banks for pilot programs.
- Crypto influencers refuted Cardone's claims, asserting there is no evidence of the ECB selecting XRP Ledger, highlighting the division within the crypto community regarding crypto projects collaborating with traditional financial institutions.
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Hackernoon
1w
121
Image Credit: Hackernoon
What Are Realistic Targets and How to Forecast Top Altcoin Growth
- Altseason refers to a period when altcoins start outperforming Bitcoin, typically indicated by a drop in Bitcoin dominance.
- Setting realistic and achievable targets for top altcoins involves analyzing historical patterns and current market conditions.
- If Bitcoin's dominance drops to 40%, the altcoin market cap could reach $3.225 trillion, with potential price growth for top altcoins.
- Projected price growth for coins like ETH, XRP, BNB, SOL, DOGE, TRON, and ADA can range from 1.24x to 6.88x based on capital inflows.
- Expecting extreme gains like XRP reaching $20 requires massive capital and may not be realistic in the short term.
- Investors entering the market during altseason should manage expectations as most top coins may only grow moderately from their previous prices.
- BTC dominance dropping to 40% could lead to a temporary capital shift into altcoins, resulting in potential but not astronomical growth for top coins.
- Investors are advised to stay rational, do their research, and avoid overly optimistic expectations when predicting altcoin growth.
- Altseason should be viewed as a period of capital rotation, with potential for moderate to solid gains in top altcoins.
- It's essential to base investment decisions on realistic data and historical trends rather than relying on unrealistic projections.
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Cryptonews
1w
104
Guggenheim’s Digital Commercial Paper Goes Live on XRP Ledger
- Guggenheim launches tokenised commercial paper on XRPL via Zeconomy.
- DCP backed by US Treasuries and rated Prime-1 by Moody’s.
- XRPL offers low-cost, real-time settlement and 24/7 access for institutions.
- Institutional adoption of blockchain solutions, RippleX and Zeconomy shared positive insights on DCP's XRPL deployment.
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Cryptonews
1w
238
Ripple Labs Boosts Australian Blockchain Research with Fresh $5M Injection
- Ripple Labs has invested US$5M in its University Blockchain Research Initiative to support blockchain research and education in the Asia-Pacific region.
- In Australia, Ripple Labs allocated US$1.3M for blockchain research at the Australia National University (ANU) and Victoria University.
- The funding supports legal and technical research, XRPL validator operations, and student publications, with additional grants given to universities in South Korea, Japan, and Singapore.
- Ripple's commitment to Asia-Pacific blockchain research is in line with its global initiatives, including recent education grants in the US.
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Bitcoinist
1w
1k
Image Credit: Bitcoinist
XRP Price At $27: Guardian Arch Formation Predictions 1,000% Move
- XRP price action hints at a potential 1,000% surge as Guardian Arch formation predicts a rise from $2.28 to $27.
- Crypto analyst Egrag Crypto identifies the Guardian Arch pattern on XRP chart, forecasting a parabolic move to $20-$27.
- For XRP to reach $27, it would need to increase market dominance to about 15%, a significant jump from its current 2-4% range.
- However, caution is advised post-peak as a potential 86% drop may follow the projected market top, leading XRP back to around $3.
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Newsbtc
1w
96
Owning 10,000 XRP? You’re Among Crypto’s Elite, Expert Claims
- Crypto entrepreneur Edoardo Farina believes owning more than 10,000 XRP has become a luxury few can afford, causing many to sell to cover basic expenses.
- Less than 4% of the 6.55 million XRP wallets hold at least 10,000 XRP, highlighting the concentration of wealth among a small group.
- Farina warns that rising inflation is pressuring small holders to sell off their XRP to meet daily needs, transforming XRP from a luxury to a struggle for survival.
- He advises holders to seek new income streams instead of selling off their XRP, emphasizing the importance of rethinking how they earn amidst growing concerns over the widening gap between small and large holders.
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Livebitcoinnews
1w
230
Image Credit: Livebitcoinnews
Ripple Pledges Extra $5M for Asia-Pacific Blockchain Research
- Ripple pledges $5 million for blockchain research and education in the Asia-Pacific region through UBRI.
- New partnerships in Taiwan and Australia established for real-world asset tokenization on the XRP Ledger.
- National University of Singapore creates Asia's first university-based decentralized autonomous organization (DAO) with support from Ripple.
- UBRI grant supports initiatives like developing an autonomous AI agent network on the XRP Ledger at Nanyang Technological University in Singapore.
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Bitcoinsensus
1w
58
Image Credit: Bitcoinsensus
Ripple’s $5M Bet on APAC Blockchain Talent — What’s the Goal?
- Ripple has pledged an additional $5 million investment to expand blockchain research in the Asia-Pacific region through its University Blockchain Research Initiative (UBRI).
- The investment targets six countries in APAC, including Taiwan and Australia, with the goal of fostering academic research and cultivating blockchain expertise.
- Ripple's commitment to nurturing blockchain innovation in the region reflects its vision of empowering the next generation of blockchain builders, researchers, and entrepreneurs.
- The investment signifies Ripple's long-term confidence in the APAC market and its potential to shape the future of blockchain, aiming to fuel infrastructure growth and drive wider adoption in the region.
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99Bitcoins
1w
348
Ripple Puts Up Additional $5M for Student-Led Innovations in Asia Pacific
- Ripple earmarks additional $5 million for blockchain education and research in Asia Pacific region.
- University Blockchain Research Initiative (UBRI) in APAC to benefit from the allocated funds.
- Ripple strengthens ties in APAC with investments totaling $11 million, focusing on academic research and student-led innovations.
- Initiatives include funding universities in South Korea, Japan, Singapore, Taiwan, and Australia for blockchain and AI research.
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Cryptopotato
1w
411
Image Credit: Cryptopotato
Ripple’s (XRP) Next Leg Up Will Be ‘Brutal:’ Is $10 Possible?
- Ripple's XRP token has been consolidating for over a month, but analysts are predicting a significant breakout.
- XRP is currently trading above $2.3, testing the upper boundary of a symmetrical triangle pattern.
- A golden cross pattern has been spotted on XRP's 2D chart, indicating a possible uptrend and potential for a price target of $10.
- While achieving $10 for XRP is not impossible, it would require a substantial increase in market cap and significant price moves.
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Cryptopotato
1w
1.6k
Image Credit: Cryptopotato
Why Is Grant Cardone’s Twin Brother Comparing Ripple (XRP) to Covid-19?
- Gary Cardone, with over 40 years of financial experience, has strongly criticized Ripple's XRP token.
- He expressed concerns over reports stating that the XRP Ledger would be used for the digital euro project, linking it to potential financial control by authorities.
- Cardone compared XRP's actions to survive in the financial sector to the controversial effects of COVID-19, criticizing its collaboration with authorities like the ECB.
- Despite being a former XRP investor, Cardone sold his entire XRP portfolio earlier this year at $2.71, citing diverging from his investment principles.
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