XRP Edges Up 1.07% Amid Crypto Rebound
XRP edged up by 1.07% on Wednesday, reaching about $1.10 as the broader cryptocurrency market strengthened.
The improvement in U.S. equity sentiment and easing geopolitical concerns contributed to this rise.
Binance exchange transaction volume dropped from 650,000 to 350,000, indicating that holders are accumulating rather than selling XRP.
Ripple launched Ripple Mint, a platform for institutional stablecoin management, while XRP ETFs saw $1.49 billion in inflows despite no new net additions recently.