XRP (XRP) — Onchain News & Whale Tracking

The XRP Ledger’s lending amendment has received 22 votes in favor, falling 7 votes short of the threshold required for activation.

Ripple’s XRP Ledger lending system for banks and payment firms has secured more validator support. As of Wednesday, the Lending Amendment and its first patch each received 22 votes, up 3 from the 19 votes they held on October 19. The SingleAssetVault Amendment, which provides funding for lending pools, garnered 23 votes. Both features need at least 29 votes from the 35 default validators and must retain that support for two weeks to be enabled. The system is designed to allow lenders to deposit XRP or other tokens into vaults, with loan brokers issuing fixed-term loans to borrowers without requiring collateral.

The XRP Ledger Foundation’s roadmap proposes an anti-quantum signature scheme.

According to the protocol roadmap released by the XRP Ledger Foundation, the foundation has included a post-quantum-resistant signature scheme in its proposed 2027 amendment, planning to introduce the ML-DSA-44 signature algorithm to enable accounts to migrate to post-quantum-resistant keys. The scheme remains in the proposal stage: migration research is scheduled for the first half of 2027, while development, review, and audit are set for the end of 2027 or 2028. The new keys and signatures are significantly larger than existing ones, and final activation of the amendment will still require a vote from validators.

Binance Resumes Withdrawals for More Assets in Batches, Covering BSC, ETH, SOL, XRP and Other Networks.

Binance has released Security Incident Recovery Update #6, announcing that it will gradually reopen withdrawals for additional assets starting from 12:00 (Beijing Time) on November 3, covering networks including BSC, ETH, SOL, XRP, TRON, Arbitrum, Optimism, and Base. Supported assets include BTC, ETH, XRP, SOL, DOGE, ADA, LINK, SHIB, USD1, and FDUSD. Binance stated that not all assets will have withdrawals enabled immediately, with subsequent restorations to be rolled out based on security checks and preparation status. Due to high traffic volumes, initial withdrawal periods may experience delays or extended processing times. Binance stressed that the platform will bear all economic losses caused by this security incident and will not pass any losses on to its users.

Addresses linked to the Binance attack incident have transferred 40 million XRP, valued at approximately $50.46 million.

According to Whale Alert monitoring, 40 million XRP (valued at approximately $50.46 million) was transferred from an address tagged "Binance Hack 2026" to an unknown wallet.

Binance newly resumes withdrawals for XRP and partial assets on the Base network.

According to Binance's official announcement, the platform has resumed XRP withdrawals on the XRP network, as well as ETH and USDC withdrawals on the Base network. Prior to this, Binance had already resumed withdrawal services for the Bitcoin network, Ethereum network USDC, USDT, ETH, and BNB Smart Chain (BSC) USDC, USDT, and BNB.

Analysis: Binance is currently replenishing its holdings of stolen altcoins, and may purchase tokens including XRP, SOL, UNI and others.

According to Binance CEO He Yi’s disclosure, Binance is acquiring altcoins that exactly match its stolen assets via over-the-counter (OTC) and on-exchange trading to complete its Proof of Reserves (PoR) process, and will update on progress once purchases are finalized. Combined with this statement and the already disclosed stolen asset records, these include 233.46 million XRP (valued at ~$296 million), 970,500 SOL (~$96 million), and 46.4 million TRX (~$16 million). Additionally, the hacker has dumped seven tokens—UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD—converting them into 70,480 ETH for a total transaction value of ~$158.25 million. The dump amounts for UNI, ENA, PEPE, and LINK stand at ~$39.63 million, ~$33.93 million, ~$31.66 million, and ~$26.05 million respectively. Other stolen assets also include 74.56 million ARB (~$11.54 million), 714.911 million FUN (~$6.29 million), 87.853 million ZAMA (~$6.02 million), 3.602 million ZRO (~$5.69 million), and 3.382 billion RSR (~$5.02 million).

Santiment: Wallets holding at least 10 million XRP account for 68.5% of the total supply, hitting a new high in nearly four years.

Santiment stated that wallets holding at least 10 million XRP currently hold around 46.87 billion XRP, accounting for approximately 68.5% of XRP’s total supply, marking the highest level since November 2022. The on-chain analytics firm noted that despite XRP facing price pressure around $1.29, large holders continue to accumulate the token. If small traders keep selling off while whales maintain their accumulation trend, this could indicate that bullish momentum is still building in the market. $1.30 is a key short-term price level for XRP, while $1.50 serves as a more critical confirmation level; if the price stays above $1.20 and whale holdings remain elevated, the accumulation thesis could still hold. If XRP rebounds back above $1.50 and whale holdings continue to grow, this will further strengthen expectations for its price rally.

UK asset manager Aviva Investors has launched tokenized shares of a sterling liquidity fund on the XRP Ledger.

Ripple announced that Aviva Investors, the asset management arm of UK insurance group Aviva, has launched a tokenized share class of the Aviva Investors Sterling (GBP) Liquidity Fund on the XRP Ledger. This fund is Aviva Investors’ largest, with around ￡22 billion in assets under management (AUM). The launch marks the second existing fund to be tokenized by the firm, following the rollout of tokenized shares for its U.S. dollar liquidity fund in July 2026. To date, total investment in the two tokenized share classes exceeds $116 million (￡86 million), with Aviva itself having invested $66 million (￡50 million) in the new share class. The fund is an Irish-registered UCITS money market fund that adopts a "digital twin" model: it maintains an off-chain fund structure while mapping its holdings onto the blockchain. Its underlying assets are custodied by BNY Mellon, with support from digital asset custodian Komainu and tokenization platform Licuido, and is open to qualified investors holding digital wallets.

Franklin Templeton issues an additional $150 million worth of tokenized fund shares on the XRP Ledger.

Franklin Templeton issued approximately $150 million in tokenized money market fund shares on the XRP Ledger on Thursday, bringing the total relevant fund shares on the network to nearly 193 million. At a per-share price of $1.039 per transaction record, the total value amounts to roughly $200 million. The new shares were issued via two $75 million subscription transactions, both transferred to a single wallet that now holds all of the fund’s shares on the XRP Ledger. On-chain records show this wallet shares the same 8 authorized signature addresses as Franklin Templeton’s issuance account, with any two of these addresses required to jointly approve transactions. However, it remains unclear whether the wallet represents a single investor or a custodian holding assets for multiple clients, while the identities of relevant investors and the source of funds have not been disclosed. These tokens correspond to shares of Franklin Templeton’s Singapore-registered OnChain USD Short-Term Money Market Fund, which primarily invests in short-term U.S. debt and money market instruments, with returns reflected in the share price. Data from RWA.xyz shows the fund’s tokenized asset size on the XRP Ledger is second only to Ripple’s RLUSD stablecoin. Holding these tokens requires approval from the issuer, which also retains the right to freeze balances and reclaim tokens.

Santiment: DOGE and XRP Signal Strong MVRV Opportunity, Holders Mostly in Unrealized Loss

Santiment noted in a post that Dogecoin (DOGE) has a 365-day MVRV ratio of approximately 0.74, indicating holders who bought over the past year are on average sitting on deep unrealized losses. XRP’s 365-day MVRV stands at around 0.92, also showing holders are overall in a loss position. In contrast, Bitcoin (BTC), Ethereum (ETH), and Chainlink (LINK) have 365-day MVRV ratios between 0.97 and 1.04, meaning holders are roughly at break-even overall. Santiment pointed out that a lower MVRV may signal selling pressure is nearly exhausted, forming a historically relatively favorable, low-risk potential opportunity zone; a higher MVRV, meanwhile, may mean rising profit-taking risk. The metric can be used to monitor market participants’ profit and loss status and risk appetite, but it does not guarantee an inevitable price rebound.

XRP Whale Deposits 1.669 Billion XRP Into Binance Over Past 30 Days, Hitting a 7-Month High.

According to Cryptoquant data, the cumulative inflow of XRP whales into Binance over the past 30 days has climbed to 1.669 billion tokens, marking a 7-month high and surpassing the roughly 1.65 billion figure recorded in September. This signals a renewed uptick in large holders’ activity of transferring XRP to crypto trading platforms. Increased inflows from whales could boost XRP’s tradable supply on these platforms; if large holders opt to sell, it may intensify market selling pressure. That said, capital inflow does not automatically point to an imminent sell-off—it may also stem from wallet rebalancing or utilization of other Binance trading services. This metric alone is insufficient to determine XRP’s future price trajectory; further analysis combining net flow, trading volume, and price movements is required.

Upbit's trading volume surged by 78.3% over the past 24 hours, with XRP, BTC, and WAL currently ranking as the top three in trading volume.

According to Coingecko data, South Korean crypto exchange Upbit’s trading volume rose 78.3% over the past 24 hours, surging to $1.21 billion. The XRP/KRW trading pair topped the won market with an 11.1% volume share, while the remaining top five pairs are BTC, WAL, ETH, and USDT. South Korea’s KOSPI index closed down 454.54 points today, a 7.56% drop, ending at 5554.27. The index fell more than 9% intraday, triggering circuit breakers for the 10th time this year. South Korea’s financial regulators held an emergency meeting on the stock market in the afternoon, after which the market’s losses narrowed. SK Hynix closed down 11.06% preliminarily, and Samsung Electronics fell 9.48%.

Big short trader 0xDD6A profits $6.4M with 20x shorts on $BTC, $ETH, $SOL, $XRP, $DOGE

As the market drops, big short trader 0xDD6A on @Aster_DEX has made over $6.4M in total profit! He currently holds 20x shorts on $BTC, $ETH, $SOL, $XRP, and $DOGE, with a total position size of $24.6M and a 100% win rate.

Evernorth plans to deploy around 473 million XRP via an institutional strategy, with a current value of approximately $648 million.

U.S. public company Evernorth has selected Ripple, Kraken, Coinbase, and BitGo as its first institutional partners, and plans to deploy its approximately 473 million XRP holdings starting in the fourth quarter via institutional strategies. The holdings are currently valued at around $648 million. Evernorth went public via a SPAC merger and will also expand into lending on the XRP Ledger and on-chain DeFi strategies in the future.

Ripple partners with Stripe-owned Privy to introduce embedded wallet functionality for the XRP Ledger.

Ripple has partnered with Stripe-owned wallet infrastructure firm Privy to integrate support for the XRP Ledger (XRPL) into Privy’s developer platform. The integration eliminates the need for developers to build their own wallet infrastructure, allowing them to add XRPL wallets to their applications with features including wallet creation and management, transaction signing, plus support for XRP, Ripple’s RLUSD stablecoin, and other assets on the network.

New XRP treasury firm Evernorth’s stock surged over 13% at one point during its first day of trading, with the firm holding approximately 473 million XRP.

According to market data from BIT (Bit.com), Evernorth Holdings (XRPN), a firm focused on XRP treasury, officially listed on the Nasdaq today. On its first trading day, its stock price surged as much as 13.43% before paring back gains, and is now up 1.49%. The company holds an estimated 473 million XRP, worth approximately $657 million at current prices, and claims it will become the world’s largest publicly traded XRP treasury company. On the same day, Evernorth announced the appointment of Hugo Jeandesboz, former co-chief investment officer of Coinbase Asset Management, as its chief investment officer, responsible for treasury strategy, liquidity management, and active management of its XRP holdings. Evernorth also plans to generate additional returns from its XRP holdings via decentralized finance (DeFi) yield strategies. XRP is currently trading at around $1.371, with a 24-hour trading volume of approximately $1.48 billion and a market capitalization of about $87.3 billion, ranking fifth among cryptocurrencies by market cap.

ZachXBT accuses XRPL of paying just $250,000 in bounty to the white hat hacker who uncovered the "infinite XRP supply" vulnerability.

Regarding the XRP Ledger Foundation’s response to the security fix incident, on-chain detective ZachXBT stated: "The treasury holds billions of dollars, yet it only paid white-hat hackers $250,000 for discovering a critical vulnerability that could have led to the infinite minting of XRP. This will undoubtedly encourage attackers to directly exploit the flaw to steal hundreds of millions of dollars next time, rather than reporting it proactively out of goodwill. That’s why people don’t take the XRPL or Ripple seriously as an organization." Earlier reports noted that the XRP Ledger has fixed a payment engine vulnerability that had existed for over a decade, to prevent the over-issuance of XRP.

XRP Ledger Foundation clarifies queries over security fixes: No new XRP was minted, supply remains fixed.

The XRP Ledger Foundation (XRPLF) took to social media to clarify questions and misunderstandings surrounding the recent security fix for xrpld 3.4.1. The foundation explicitly stated that the vulnerability patched in this update did not cause XRP inflation. The total supply of XRP has been fixed at 100 billion tokens since the ledger’s launch, with no transaction able to create additional tokens. The vulnerability was a loophole that bypassed relevant rules, fixed in version 3.4.1 two weeks ago. All ledger data is fully public: roughly 99.986 billion XRP is currently in circulation (it is deflationary due to fee destruction), and both the community and foundation have continuously verified the supply, finding no anomalies. The vulnerability required hundreds of deliberately constructed operations to trigger, making it inaccessible to regular payments. It was discovered via AI by Cayden Liao and Veria AI, who reported it responsibly. To avoid exposing the attack surface during amendment voting after the public fix, XRPLF, RippleX, core developers, and validators prioritized distributing the patch to default UNL validators via social consensus, then released the public binary on September 25. The 3.4.1 version will later be made mandatory through standard amendment voting (requiring over 80% support for two consecutive weeks). The foundation added that it will further strengthen formal verification, AI adversarial testing, and its bug bounty program.

The XRP Ledger has patched a payment engine vulnerability that persisted for over a decade, preventing XRP from being overissued.

RippleX Engineering Lead J. Ayo Akinyele stated in a post that securing the XRP Ledger (XRPL) network is the top priority for preserving user trust. Following the earlier disclosure of a critical payment engine vulnerability by Veria AI, the bug had lingered in the codebase for over a decade, with theoretical risks of allowing XRP’s supply to breach its fixed cap. Thankfully, the vulnerability was uncovered through a bug bounty program and remediated before it could be exploited. The XRPL team swiftly developed and comprehensively tested a fix, collaborated with validator node operators to facilitate the network upgrade, and finalized network protections ahead of the vulnerability’s public disclosure.

XRP treasury firm Evernorth has completed its merger with a special purpose acquisition company (SPAC) and will list on the Nasdaq on October 12, holding 473 million XRP.

XRP treasury firm Evernorth Holdings announced it has completed its business combination with special purpose acquisition company (SPAC) Armada Acquisition Corp. II, and will begin trading on the Nasdaq under the ticker symbol XRPN on October 12. Following the deal close, Evernorth holds approximately 473 million XRP tokens and has secured total gross cash proceeds of around $300 million, before deducting transaction fees. Evernorth is backed by investors including Arrington XRP Capital, as well as SBI Group, Ripple, Pantera Capital, Kraken, and GSR. The company positions itself as an actively managed XRP treasury, with plans to deploy capital into the XRP ecosystem, participate in institutional-grade on-chain finance, tokenized assets, on-chain lending and settlement infrastructure, and drive long-term growth in its per-share XRP holdings via institutional and DeFi yield strategies, ecosystem development, and capital market activities.

XRP Ledger Patches Critical 11-Year-Old Vulnerability That Allowed Attackers to Generate XRP Out of Thin Air

XRP Ledger has recently patched a payment system vulnerability dating back to as early as 2015. The flaw allows attackers to bypass the system’s token exchange amount calculation limits via a specially crafted payment transaction, generating and spending massive XRP out of thin air and undermining the mechanism capping XRP’s total supply at 100 billion tokens. Attackers can create hundreds of accounts, post offers to exchange a small number of tokens for a huge amount of XRP, then execute a single payment to settle all these offers at once. Due to a defect in the software’s total transaction value calculation, seller accounts may receive the full XRP amount while buyer accounts barely need to pay the corresponding sum. Researchers Cayden Liao and Veria AI reported the vulnerability on September 22. RippleX later reproduced the attack and confirmed the generated XRP could be used in subsequent transactions. RippleX noted there is currently no evidence the vulnerability has been exploited on any public network. The development team released the xrpld 3.4.1 version on September 25 to fix the flaw.

A crypto whale is simultaneously shorting BTC, ETH, SOL, XRP and DOGE, with its $26.5 million position posting an unrealized profit of $586,000.

According to Lookonchain monitoring, trader 0xdd6a has opened simultaneous short positions on BTC, ETH, SOL, XRP, and DOGE on Aster DEX using 20x leverage. All positions are currently profitable, with a total position value of approximately $26.5 million and unrealized profits of around $586,000. Breakdown: 3,629 ETH held, position value ~$9.33 million, unrealized profit ~$163,000; 73,728 SOL held, position value ~$8.52 million, unrealized profit ~$141,000; 48.37 million DOGE held, position value ~$4.24 million, unrealized profit ~$224,000; 1.68 million XRP held, position value ~$2.37 million, unrealized profit ~$53,000; 24 BTC held, position value ~$1.99 million, unrealized profit ~$5,600.

Trader 0xdd6a Opens $26.5M in 20x Shorts on $BTC, $ETH, $SOL, $XRP, $DOGE, Up $586K

Trader 0xdd6a opened 20x shorts on $BTC, $ETH, $SOL, $XRP, and $DOGE on @Aster_DEX, all currently in profit. The total position size is $26.5M, with $586K in unrealized profit. Positions: 3,629 $ETH ($9.33M) — up $163K 73,728 $SOL ($8.52M) — up $141K 48.37M $DOGE ($4.24M) — up

Trader 0xdd6a opened 20x shorts on $BTC, $ETH, $SOL, $XRP, and $DOGE on @Aster_DEX, all currently in profit.

Trader 0xdd6a opened 20x shorts on $BTC, $ETH, $SOL, $XRP, and $DOGE on @Aster_DEX, all currently in profit. The total position size is $26.5M, with $586K in unrealized profit.

Ripple and the XRPL Foundation have co-founded XRP Asia, an initiative aimed at advancing the development and adoption of XRPL in the Asia-Pacific region.

Ripple and the XRP Ledger Foundation have jointly established XRP Asia, led by Sabrina Tachdjian. The initiative aims to provide dedicated projects, resources, and event support for developers, startups, and communities across the Asia-Pacific region, with the goal of driving widespread adoption of the XRP Ledger (XRPL) among Asian developers. Building on the existing XRPL Korea and XRPL Japan communities, XRP Asia will expand new communities in major Asian cities and developer hubs. It will also roll out XRPL learning resources, partner programs for system integrators and development companies, and initiatives including hackathons, office hours, and product delivery mentoring. Additionally, the organization will offer market expansion support for XRPL startups—such as connecting them with infrastructure and service providers, incubating and funding projects, matching partners and investors, and assisting teams in organizing joint events and promoting founder-led projects.

Bitget PoolX: Locking XAUT, SOL, and XRP unlocks 100,000 BGB

Bitget’s PoolX has launched a new lockup campaign, allowing users to lock XAUT, SOL, or XRP to compete for a share of a 100,000 BGB airdrop. The lockup period runs from 14:00 UTC+8 on October 2 to 14:00 UTC+8 on October 9. The XAUT lockup pool offers a total airdrop of 45,000 BGB, with an individual lockup cap of 300 XAUT; the SOL pool has a total airdrop of 35,000 BGB and an individual lockup limit of 10,000 SOL; the XRP pool provides a total airdrop of 20,000 BGB, with an individual lockup cap of 400,000 XRP. Notably, this round’s XAUT lockup pool features a long-term holding bonus mechanism: the system will add an extra bonus to users’ lockup amounts based on their minimum XAUT holdings over the past 15 days. For more details, refer to Bitget’s official platform.

Ripple unlocks 1 billion XRP tokens, valued at approximately $1.49 billion.

According to monitoring by OnchainLens, Ripple has completed the unlocking of 1 billion XRP via its escrow accounts, with a total value of approximately $1.49 billion.

Stolen assets from Bitget total approximately $357 million, including around 103 million XRP and 31,890 ETH.

According to Lookonchain monitoring, the total value of assets stolen in the Bitget attack is approximately $356.86 million. The stolen funds are primarily composed of 102,926,478 XRP (worth $157.48 million) and 31,890 ETH (worth $85.75 million), which account for the majority of the lost assets. Other stolen assets include 34,751,168 USDT ($34.75 million), 21,056,725 USDC ($21.06 million), 19,668,852 USD?0 ($19.67 million), 3,000 XAUt ($12.82 million), 12,719 BNB ($9.88 million), 821,012 AVAX ($8.38 million), and 20,593,377 TRX ($7.07 million).

Bitget hack totals $356.8M: 102.93M $XRP, 31,890 $ETH, 34.75M $USDT and more stolen

Update: The funds hacked from #Bitget include: 102.93M $XRP ($157.48M) 31,890 $ETH ($85.75M) 34.75M $USDT ($34.75M) 21.05M $USDC ($21.05M) 19.67M $USD?0 ($19.67M) 3,000 $XAUt ($12.82M) 12,719 $BNB ($9.88M) 821,012 $AVAX ($8.38M) 20.59M $TRX ($7.07M)

SlowMist: Bitget Hacker Addresses Collectively Hold XRP Worth Approximately $157 Million

Slow Mist’s MistTrack has updated the Bitget hacker wallet addresses, adding 7 Ripple network addresses with a combined balance of roughly 102,926,478 XRP, valued at approximately $157 million. The update also includes 11 EVM addresses and 1 TRON address. The EVM addresses collectively hold around 67,980.25 ETH, 5,896.58 BNB, 495.625 WETH, 218,022.9 USDT, and 99,989.9 USDC, while the TRON address holds approximately 20,593,376.5 TRX.

XRP treasury firm Evernorth Holdings plans to issue $30 million in convertible notes, with uses including increasing its XRP holdings and other purposes.

US-listed XRP treasury firm Evernorth Holdings has filed an 8-K with the U.S. Securities and Exchange Commission (SEC). The company signed a subscription agreement with a trust under South Korea’s NH Investment & Securities, planning to issue $30 million in convertible senior PIK (payment-in-kind) notes carrying a 4% annual interest rate and maturing in 2031. The notes will only take effect upon the completion of Evernorth’s merger with SPAC Armada Acquisition Corp. II, a transaction expected to close in the fourth quarter of 2026. Proceeds from the offering will be used to purchase XRP and engage in XRP ecosystem-related operations.

Ripple advances quantum-resistant upgrade plans: XRP Ledger launches four-phase migration plan to guard against the 'Q-Day' threat

Ripple is proactively deploying quantum-resistant capabilities for the XRP Ledger (XRPL) to address the risk that future quantum computers could crack existing blockchain cryptography and steal digital asset private keys. Ayo Akinyele, Ripple’s senior director of engineering, said the goal is not to wait until quantum computing becomes an imminent threat to act, but to ensure critical financial infrastructure is upgraded before the threat arrives. Ripple has mapped out a four-phase plan for XRPL: assessing the network’s potential exposure points, testing quantum-resistant cryptographic algorithms, running existing and quantum-secure mechanisms in parallel, and finally driving the network’s full migration. An emergency response plan will also be activated if quantum computing advances faster than expected. XRPL currently supports replacing account control keys without changing the account, which is expected to reduce future migration difficulties, though large-scale protocol upgrades still require coordination among network validators. Meanwhile, artificial intelligence (AI) is accelerating cryptography research. Reports noted that last month, an Anthropic model cut the computational effort needed to crack a leading post-quantum signature candidate by around 67 million times, further highlighting the necessity of pre-upgrading financial infrastructure. Bitcoin and Ethereum developers also unveiled their respective quantum-resistant migration plans this week. Ripple holds that while AI and quantum computing are separate technologies, both are driving financial infrastructure toward stronger security, more flexible upgrade mechanisms, and round-the-clock automated payment systems.

XRP treasury firm Evernorth has received SEC confirmation of its registration effectiveness, and plans to list on Nasdaq via a SPAC merger.

XRP treasury firm Evernorth Holdings announced that its S-4 registration statement filed with the U.S. Securities and Exchange Commission (SEC) has taken effect, advancing plans to list on Nasdaq via a merger with special purpose acquisition company (SPAC) Armada Acquisition Corp. II. The registration’s effectiveness does not signify the merger is finalized; the transaction still requires shareholder approval. Evernorth intends to operate as a regulated digital asset treasury firm, providing public market investors with exposure to XRP, and will allocate capital to XRP-related infrastructure and treasury strategies to increase the amount of XRP per share. The company expects the merger to close by the end of this third quarter or early fourth quarter, with the combined entity set to trade under the ticker symbol “XRPN” post-transaction. The S-4 filing covers up to 34,499,992 Class A common shares of Evernorth and 11,499,992 related warrants. Evernorth’s investors include Ripple, Arrington Capital, SBI Group, Pantera Capital, Kraken, and GSR, among others.

CryptoQuant: Binance's XRP leverage ratio rises to over 7-month high.

CryptoQuant analyst ArabxChain stated that Binance’s estimated leverage ratio for XRP has risen to its highest level in over seven months. Data shows the metric is currently around 0.213, the highest since January this year. Analysts believe that if the leverage ratio increases alongside XRP’s price gains and growing open interest, this may reflect rising trader confidence and continuous new position building, thereby supporting a subsequent upward trend. However, higher leverage also means the market is more sensitive to price volatility, so potential cascading liquidation risks need to be guarded against.

Cash App expands crypto asset support via MoonPay, adding ETH, SOL, XRP and USDT.

Block’s payment application Cash App is expanding its cryptocurrency asset support beyond Bitcoin and USDC for the first time through an integration with crypto payment platform MoonPay. Eligible Cash App users in the U.S. can now use their Cash App balance to purchase a range of digital assets including Ethereum (ETH), Solana (SOL), XRP, and USDT via MoonPay, and also top up wallets such as Ledger, BitPay, Trust Wallet, MetaMask, and Uniswap with their Cash App balance. Cash App has over 50 million users; it previously primarily supported Bitcoin transactions, adding USDC support earlier this year. The partnership with MoonPay means Block can meet user demand for more crypto assets without building its own multi-digital-asset transaction infrastructure. Morgan Kuntze, Block’s Head of Global Partnerships, noted that while Bitcoin remains the core of the company’s digital asset strategy, it aims to offer users more choices and payment flexibility.

Coreum cross-chain bridge hacked, nearly 200,000 XRP stolen.

The cross-chain bridge connecting the XRP Ledger and Coreum was hacked on August 9, with attackers exploiting a vulnerability to steal approximately 199,916 XRP, reducing the bridge’s asset balance from roughly 200,410 XRP to just 493.5 XRP. Analysis indicates the attack targeted neither the XRP Ledger itself nor involved any private key leaks, instead exploiting a flaw in the Coreum cross-chain bridge’s validation logic. The attackers forged fake deposit operations, tricking the bridge system into recognizing them as legitimate deposits, which triggered the other end of the bridge wallet to send actual XRP to the attackers. On-chain data shows the attackers completed the fund transfer in 97 minutes via 94 multi-sig authorization transactions. These transactions required 17 out of 28 relay node keys to sign off, meaning the attackers successfully bypassed the bridge system’s validation mechanism. As of August 11, the Coreum cross-chain bridge remains suspended, and the Coreum Development Foundation has not yet released an official incident report. The incident affected third-party cross-chain infrastructure, not a vulnerability in the XRP Ledger protocol layer, and the security of the XRP mainnet and user private keys was not compromised.

The XRP Ledger plans to launch a privacy transfer feature, targeting the institutional tokenized assets market worth over $530 million.

The XRP Ledger (XRPL)’s latest software version 3.3.0 introduces multiple upgrade proposals, including the “Confidential Transfers” feature designed to deliver enhanced privacy protection for institutional users. The feature encrypts token balances and transfer amounts while retaining visibility into accounts and token types, and is primarily targeted at Multi-Purpose Tokens (MPT) on XRPL, with use cases covering tokenized financial assets such as funds and bonds. Using encryption technologies like zero-knowledge proofs, the network can verify transaction validity without disclosing specific amounts. Per CoinDesk, XRPL currently holds around $1.38 billion in on-chain real-world assets (RWA), including approximately $845.7 million in RLUSD. In addition to RLUSD, there are over $530 million in tokenized assets on XRPL, issued by entities including Ondo, VERT Capital, Archax, and Société Générale. Beyond Confidential Transfers, XRPL version 3.3.0 includes five other proposals: Batch, Sponsor, Permission Delegation, Dynamic MPT, etc., addressing institutional needs such as batch transactions, fee sponsorship, permission management, and dynamic adjustment of token attributes. However, these upgrades have not yet been officially launched; they require sustained support of over 80% from XRPL trusted validator nodes for two weeks before activation. The market is watching whether institutions like Aviva and Ondo, which have already issued assets on XRPL, will adopt this privacy feature.

Ripple Makes Strategic Investments in Zilo and Licuido to Accelerate Its Tokenized Capital Market Expansion on the XRPL

Blockchain fintech firm Ripple has announced strategic investments in UK-based asset transfer agent Zilo and Financial Conduct Authority (FCA)-regulated tokenization solution provider Licuido, to advance the adoption of tokenized financial assets on the XRP Ledger (XRPL). Ripple stated that the investments aim to integrate regulated asset transfer agency, asset issuance, and collateral liquidity capabilities into the XRPL infrastructure, addressing idle collateral asset issues in traditional financial markets and enabling tokenized funds to be used as collateral from their launch. Zilo offers global transfer agency and asset solutions for wealth management firms, having raised around $58.7 million in total funding to date. Licuido specializes in institutional asset tokenization services. The specific investment amounts for both companies were not disclosed. This development follows shortly after Aviva Investors launched tokenized U.S. dollar liquidity fund shares on XRPL. Prior to this, Ripple also launched the Ripple Mint platform to help institutions issue, redeem, and manage its U.S. dollar stablecoin, Ripple USD (RLUSD). Data shows that the current tokenized real-world asset (RWA) size on XRPL is approximately $368 million, ranking 11th globally; Ethereum leads with $17.1 billion. Over the past 30 days, the number of RWA holders has risen by 50% to 1.57 million, while total tokenized asset value has increased by 1.5% to $37.3 billion.

Grayscale CEO files to sell GXRP ETF shares, becoming the third insider to cash out

Grayscale CEO Peter Mintzberg has filed Form 144 with the U.S. Securities and Exchange Commission (SEC) to sell 2,611 shares of the Grayscale XRP Trust ETF (ticker: GXRP), with a total value of approximately $53,400, equivalent to $20.45 per share. Earlier, founder Barry Silbert and Chief Legal Officer Craig Salm submitted similar applications in January this year, when the per-share price stood at around $37, meaning Mintzberg’s current selling price is roughly 45% lower. Notably, GXRP’s outstanding share count has plummeted from 5.79 million to 2.84 million over the past six months, a roughly 51% drop, reflecting that redemption pressure has consistently outpaced subscriptions. Currently, the total net assets of U.S. spot XRP ETFs reach approximately $971.6 million, with GXRP accounting for around 6% of the total.

Bitcoin broke through $63,000 this morning, erasing all losses from the end of June, with XRP leading gains among major cryptocurrencies.

Bitcoin rose above $63,000 earlier today for the first time in two weeks, up roughly 3.6% from last week and nearly erasing losses from late June. The rally unfolded during thin trading volume for the U.S. Independence Day holiday, with low liquidity widely seen as amplifying short-term volatility. Among major cryptocurrencies, XRP gained 5.3% to reach $1.18, notching a nearly 10% weekly rise and lifting its market cap to around $73 billion, overtaking USDC to become the fifth-largest crypto asset. On-chain data shows XRP holders’ average losses have hit an extreme historical level, leading some traders to view this as a sentiment reversal signal. Ether (ETH) climbed 3.2% to approximately $1,793, with a weekly gain of ~11.5%; Dogecoin (DOGE) rose 2.6%; Solana (SOL) added around 13.2% week-over-week, extending the broader rebound trend. Analysts attribute the rally to Federal Reserve officials signaling easing inflation pressure, weaker non-farm payroll data, and short covering, with Bitcoin bouncing rapidly from below $60,000 to above $63,000. The market’s future trajectory will hinge on upcoming U.S. inflation data and the return of institutional liquidity after the holiday.

Ripple has launched an XRPL lending protocol, with developers now able to integrate and test it on the testnet.

Ripple has launched the XRPL Lending Protocol, an on-chain credit infrastructure for tokenized assets. The protocol’s core principle is to keep credit assessment off-chain while only standardizing execution processes on-chain. Institutions handle their own underwriting and compliance reviews, with the protocol responsible for standardized execution of liquidity pooling, loan disbursement, repayment, and default handling. The protocol comprises two components: the Single Asset Vault, which manages on-chain pooling of individual assets; and the Lending Protocol, which disburses vault liquidity as loans with clear terms. The two correspond to the XLS-65 and XLS-66 proposals respectively and are pending approval from validator nodes. At the infrastructure level, the protocol supports a subordinated capital mechanism, where pool managers assume risk exposure senior to that of other liquidity providers. Developers can now access and test the protocol on the devnet.

A newly created wallet deposited 630,000 USDC into HyperLiquid and opened a short position of 2.9 million XRP.

According to monitoring by Onchain Lens, a certain address created a new wallet, deposited 630,000 USDC into HyperLiquid, and opened a 10x leveraged short position of 2.9 million XRP.

A crypto whale’s entire long positions in Bitcoin (BTC) and Ripple (XRP) were fully liquidated, resulting in losses of approximately $8.42 million.

Per Lookonchain monitoring, a whale with an address starting with 0xf79C had all its long positions liquidated: 809.9 BTC (worth around $47.68 million) and 27.92 million XRP (valued at approximately $28.45 million), incurring losses of roughly $8.42 million.

XRPL Developer Security Alert: XRP Community Must Beware of Scam Activities Involving Fake Wallets and Airdrops

May 25 — XRPL developer Wietse Wind has issued the latest security warning to the XRP community, noting that scams targeting XUMM Wallet users have been surging recently. Scammers are currently pushing fake desktop wallet applications and running phony airdrop campaigns to trick users into connecting their wallets or downloading malicious software to siphon off their funds. Wind’s key reminder to users: Never connect your wallet to untrustworthy websites, and steer clear of downloading any unofficial applications — this is crucial to protecting your assets from being lost.

Goldman Sachs Q1 Report: Liquidates XRP, SOL ETF, Contrarian Increase in Crypto Stocks

May 18th, Goldman Sachs’ Q1 2026 13F filing with the U.S. Securities and Exchange Commission (SEC) shows the Wall Street giant sharply scaled back its crypto-related ETF holdings this quarter. The firm fully liquidated all its positions in XRP-linked ETFs, plus every Solana ETF it held from issuers including Grayscale, Bitwise, and Fidelity. For Bitcoin ETFs, Goldman still holds roughly $690 million in BlackRock’s IBIT and about $25 million in Fidelity’s FBTC—but both stakes dropped by around 10% compared to the prior quarter. Ethereum ETF exposures saw a far deeper cut: the firm slashed its holding in iShares’ Ethereum ETF (ETHA) by roughly 70%, leaving just $114 million in that position. Looking at individual crypto and fintech stocks, Goldman increased its stakes in Circle, Galaxy Digital, Coinbase, Robinhood, and PayPal during the first quarter, while trimming positions in names like Strategy and Riot Platforms.

Moscow Exchange to Launch SOL, XRP, and TRX New Settlement Futures Trading on May 14

MOSCOW EXCHANGE ANNOUNCES NEW CRYPTO INDEX FUTURES, CRYPTO INDEX CALCULATIONS The Moscow Exchange said Wednesday (May 9) it will launch deliverable futures contracts tied to indexes of three cryptocurrencies — SOL, XRP and TRX — on May 14. Participation is limited to eligible investors, with settlements in Russian rubles and no physical delivery of the underlying digital assets. Separately, the exchange will start calculating and publishing indexes for four cryptos — adding BNB to the list — on May 13.

Russia's largest stock exchange will launch cryptocurrency indexes for SOL, XRP, TRX, and BNB

May 5 — The Moscow Exchange will launch four cryptocurrency indexes tracking SOL, XRP, TRX and BNB starting May 13, according to official sources. Pricing data for the indexes will come from Binance (50%), Bybit (20%), OKX (15%) and Bitget (15%). Existing MOEXBTC and MOEXETH indexes will also be updated every 15 seconds during trading hours. The exchange plans to expand its crypto benchmark indexes to 10 total, with all these tools restricted to professional investors only.

Ripple Releases XRPL Quantum Roadmap, Aiming for Full Transition by 2028

On April 21, Ripple unveiled its XRPL Quantum-Secure Roadmap—an initiative to fortify the XRP Ledger (XRPL) against future quantum threats, with full readiness targeted by 2028. The roadmap outlines four key stages: 1. **Post-Quantum Recovery (Q-Day Preparedness)**: Focuses on establishing contingency plans to safeguard funds if classical cryptographic standards are decrypted. 2. **H1 2026**: Proactive planning and testing to assess quantum risks, plus collaboration with Project Eleven to validate NIST-recommended algorithms. 3. **H2 2026**: Integration of post-quantum signature schemes into Devnet, alongside exploration of privacy primitives. 4. **2028 Target**: Propose ecosystem amendments to enable a full transition to native post-quantum cryptography. Ripple noted that XRPL’s built-in key rotation and seed-derived key generation capabilities already lay the groundwork for this migration—positioning it with a protocol edge over networks like Ethereum when addressing qu

Ripple Unveils Quantum Resistance Roadmap, Aiming to Make XRP Ledger Quantum-Secure by 2028

April 21 — Ripple has officially unveiled its quantum resistance roadmap for the XRP Ledger (XRPL), targeting full quantum security for the network by 2028. The plan is primarily designed to counter the “Harvest Now, Decrypt Later” attack vector—where an adversary collects encrypted data today and decrypts it later using quantum computers. The roadmap unfolds in four phases: ### Phase 1: Q-Day Contingency Planning (In Progress) Establish a Quantum Day (Q-Day) contingency response framework. If existing classical encryption is suddenly compromised, the network will immediately stop accepting traditional public-key signatures, forcing a shift to quantum-secure accounts. Concurrently, explore asset ownership verification via post-quantum zero-knowledge (ZK) proofs—enabling existing holders to recover funds securely in emergencies without exposing vulnerable keys. ### Phase 2: Risk Assessment & Algorithm Testing (H1 2026) Conduct a full assessment of post-quantum cryptography’s imp

XRP Ledger Privacy Solution: Boundless Completes First Native ZK Validator Deployment on XRPL

April 15 — Boundless and XRPL Commons announced the successful completion of the first native deployment of a zero-knowledge (ZK) validator on the XRPL network. The RISC-V-powered validator now operates directly on the chain, making XRPL the first public blockchain to offer programmable privacy as a ledger-native feature with built-in compliance controls. Per the announcement, the two organizations spent six months on the integration and jointly developed the Smart Escrow transaction type, complete with programmable release conditions. Developer toolkits and testnet environments are now available. Smart Escrow is slated to launch in Q2 2026 and will require a valid ZK proof to transfer funds. Smart Vault will follow, adding pre-settlement KYC checks and sanctions screening for every transaction, plus supporting limited disclosure to regulatory bodies. “XRPL was built from the start for institutional finance,” said Odelia Torteman, Head of Enterprise Adoption at XRPL Commons. “By