A closer look at some of the important Ripple news from the last few days and a price update on XRP.
The past few days saw a few interesting developments concerning both Ripple and its native cryptocurrency XRP. From on-chain developments to claiming some interesting titles, let’s have a look at some of the more important news and see how the price has been doing lately.
XRP’s price has been trending downward in the past few days, losing 2.6% during the last week. The move has been mostly in line with the rest of the market, with certain exceptions.
At the time of this writing, XRP is trading at around $1.32.
It’s down 9% over the last two weeks, 8% during the last month, and over 42% over the last year. It appears that the altcoin is unable to take off, although that could be said for many large- and small-cap cryptocurrencies.
As you can see on the graph, the price action has mostly been choppy and range-bound. XRP is unable to escape the $1.3-$1.4 range, which many analysts consider pivotal.
The XRP Ledger Foundation has officially proposed a significant upgrade to the XRP Ledger’s decentralized exchange in a new draft standard called AMM v2.
The update plans to expand XRPL’s automated market maker framework far beyond the current constant product model that’s used in XLS-30 AMMs. Behind this proposal, liquidity pool creators would be able to choose from multiple curve types. These would be based on market needs, including Concentrated Liquidity pools, StableSwap pools, Constant product pools, and so forth.
The ultimate purpose behind the proposed upgrade is to improve capital efficiency, liquidity, and tokenization across the entire XRPL ecosystem.
Real-world assets cryptocurrencies are becoming increasingly popular, and tokenization is taking over Wall Street. That said, Ripple is positioning itself to capture a slice of a projected $18.9 trillion tokenization market in the next six years, according to a joint study between Ripple-BCG and Securitize.
https://twitter.com/Securitize/status/2059273484178510058?ref_src=twsrc%5Etfw” target=”_blank
The forecast suggests that tokenized assets could grow 100-fold from today’s estimated $34 billion market. Ripple’s strategy focuses on creating the money layer of tokenization, which relies primarily on its stablecoin, RLUSD. XRPL will serve as Ripple’s core infrastructure and already supports hundreds of real-world asset projects.
In an official post, Ripple shared that Fortune Magazine has named the company one of the best places to work in the Bay Area in 2026.
According to the report, 95% of employees at the company believe it’s a great environment. It’s also worth mentioning that the rankings place Ripple above other well-known US-based technology firms.
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