Latest Ripple News and Insights | Yellow.com

XRP is gaining traction after a period of stagnation below $0.60. The cryptocurrency has struggled to keep pace with recent broader market gains. But its latest price action has sparked renewed interest among investors. Prominent crypto analyst Carl Runefelt has shared an optimistic outlook for XRP. He believes a significant rally may be imminent. Runefelt's analysis suggests XRP could revisit key resistance levels not seen since earlier this year. The altcoin is currently trading at a critical supply level. A breakthrough is necessary for further price appreciation. Positive sentiment in the crypto market has drawn attention to XRP's price movements. Runefelt's technical analysis focuses on a daily triangle pattern in XRP's chart. This formation often precedes increased volatility and directional movement, so the analyst predicts a potential upside breakout. If the pattern resolves bullishly, Runefelt targets a price of $0.90. This represents a 50% increase from current levels. Such a move would align XRP with the optimistic outlook pervading the crypto community. However, XRP must first overcome existing resistance. The $0.65 level has proven to be a significant hurdle. A convincing break above this point is crucial for confirming a new uptrend. At press time, XRP trades at $0.61. The price has seen a 6% increase in the past 24 hours. It currently holds above the 200-day moving average of $0.54, indicating long-term strength. Despite recent gains, XRP continues to struggle with the $0.65 resistance level. Bulls need to push the price above this mark to maintain momentum, because successful breakout could attract further buying interest. Failure to close above $0.65 may result in continued sideways trading. This could frustrate investors hoping for a clear directional move. In such a scenario, XRP might remain range-bound between $0.54 and $0.65. The coming weeks will be crucial for XRP's price action. Market participants are closely watching for signs of a sustained breakout, success could signal a new phase of growth for the digital asset.

Yellow Network, a next-generation decentralized clearing network for digital assets, has secured $10 million in seed funding led by Ripple Co-Founder and Silicon Valley pioneer Chris Larsen. This strategic investment comes as the market valuation reaches over $200 million, positioning itself as a frontrunner in the DeFi trading revolution. Other notable backers and supporters include Consensys, GSR, NxGen, MV Global, Gate Labs, ZBS Capital, Moonrock Capital, Math, Cobo, NOIA Capital, and LD Capital. Yellow Network introduces an innovative decentralized clearing protocol to address critical industry challenges, including liquidity fragmentation, scalability, and counterparty risks. The chain-agnostic network is built on state channel technology and provides capital efficiency, reduced latency, and scalability for the ever-growing digital asset market. Industry Leaders Driving the Innovation Yellow Network is the brainchild of a seasoned team of fintech and crypto experts led by Louis Bellet, a visionary entrepreneur and systems architect. As the founder of Openware, a leading provider of crypto exchange software, Louis brings a deep understanding of the industry's challenges. His expertise in building robust trading platforms has been instrumental in shaping the network architecture. Joining Louis is Alexis Sirkia, co-founder of GSR, the pioneering market-making firm. Sirkia’s extensive experience in trading and market dynamics has been invaluable in developing Yellow Network's value proposition. Together with Camille Meulien, a seasoned software architect, this dynamic trio is driving innovation and redefining the future of crypto trading. The Significance of Chris Larsen's Support Chris Larsen’s involvement marks a pivotal moment for Yellow Network. As a key figure in the development of online FinTech and blockchain technology, Larsen’s endorsement reinforces the importance of Yellow Network’s mission to bring trust, efficiency, and safety to the cryptocurrency trading industry. His pioneering work with Ripple, particularly in cross-border payments, significantly highlights the strategic alignment between the two companies as Yellow Network deepens its integration with Ripple’s XRPL EVM sidechain. Chris Larsen, Ripple Co-Founder, said, "I'm proud to support Yellow Network as it tackles liquidity fragmentation in crypto trading and sets new standards for the rapidly evolving digital asset ecosystem. Yellow Network's protocol is essential for the new players entering the space, and its ability to deliver fast trade execution and capital efficiency is a game-changer for high-speed trading firms." Yellow Network’s CEO, Louis Bellet, stated, “Having Chris Larsen's support is an incredible validation of our efforts. His contribution to Ripple and online finance transformed how the world perceives and utilizes blockchain technology. His involvement gives us the confidence to push forward and reshape how digital asset markets function.” Looking Ahead: $YELLOW Token and Future Developments As part of its next phase of growth, Yellow Network is preparing for the launch of the $YELLOW token, scheduled for Q4 2024. This token will be the lifeblood of the Yellow Network ecosystem, powering transactions across the platform. In preparation for the token launch, Yellow Network will roll out an exclusive liquidity-locking campaign, allowing the community to participate actively in the network’s expansion through liquidity mining. Additionally, Yellow Network plans to bring its partnership with Ripple to life by integrating Ripple’s XRPL EVM sidechain. This collaboration will further strengthen Yellow Network's capabilities, positioning it as a fundamental player in the evolving retail and institutional trading landscape. About Yellow Network Yellow Network is building the first decentralized clearing network for digital assets, addressing the inefficiencies of traditional crypto trading systems. By leveraging state channel technology and chain abstraction, the protocol drastically reduces latency, enables horizontal scalability, and improves capital efficiency, providing a secure, non-custodial solution to the modern trading ecosystem. Yellow Network is a project under the Layer-3 Foundation, a non-profit organization dedicated to supporting the adoption of chain-agnostic technologies that accelerate the mass adoption of blockchain. To learn more, visit www.yellow.org.

XRP's value remains robust, it's free from speculative pressures. That's what one market expert claims. Most digital assets have bubble traits, their value stability is uncertain. But XRP might be different. Crypto enthusiast SMQKE weighed in recently. He highlighted XRP's durability. SMQKE shared a document to back his claims. It stated: "Macroeconomic and financial developments did not significantly affect XRP's value. Bitcoin price changes didn't influence XRP." The document also mentioned a study, that found bubbles in Bitcoin and Ethereum. Meanwhile XRP showed no bubble. What's a speculative bubble? It's when prices are driven by hype, rather than by fundamental worth. SMQKE dropped a bombshell. He said Bitcoin and Ethereum have been in a bubble since 2017. He blamed price manipulation and dodgy centralized strategies. XRP's different, apparently. Its value isn't speculative, and SMQKE credits "technological security" for this. What does this mean? XRP's price can't be hyped up like other cryptos. Its value comes from real-world use. Think cross-border transactions and institutional finance. SMQKE's not done yet. He also claims Bitcoin and Ethereum aren't as decentralized as people think. This, he says, makes XRP even more solid. But wait, there's more. Some analysts are bullish on XRP. Crypto expert Pharaoh predicts a 2017-style breakout this year. Pharaoh's logic? It's all about Bitcoin halving. Eight months after the 2016 halving, XRP soared. He thinks history might repeat itself. There's a catch, though. Pharaoh says XRP needs to clear its legal hurdles first, because Ripple's ongoing lawsuit with the SEC is a big deal. If that gets sorted, Pharaoh's optimistic. He sees "tons of fundamental and technical momentum" for XRP in 2025. So, is XRP really bubble-proof? Or is this just clever marketing? The jury's still out. But one thing's for sure – XRP's got people talking.

Ripple is set to add smart contracts to the XRP Ledger (XRPL) developer ecosystem. The move is supposed to attract developers and expand XRPL's capabilities. So it's a big change, many developers were eagerly waiting for. Smart contracts are coming to XRPL's Ethereum Virtual Machine (EVM) sidechain "in the coming months". Ripple says this will open up new use cases for users, builders, and entrepreneurs. It's a smart play to lure more developers to the platform. The company also plans to bring smart contracts to the XRPL mainnet. But that's still in the research phase. No specific timeline has been given for this deployment. Smart contracts are self-executing agreements stored on the blockchain. They automatically progress when certain conditions are met. These contracts handle transactions without middlemen. The applications of smart contracts are wide-ranging. They're used in decentralized finance (DeFi) and supply chains. Popular blockchain platforms like Ethereum and Solana already use them for decentralized applications (DApps). Ripple is keen to work with DeFi developers. They want community input on design specifics. The company is inviting programmers familiar with EVM languages to explore possibilities on its sidechain. The sidechain was built for developers using Ethereum-based smart contracts. It provides a familiar environment for deploying DApps. Developers can use Solidity, a programming language for Ethereum smart contracts. Ripple developed the sidechain with blockchain firm Peersyst. The company believes this will make the blockchain more appealing to developers. It's a no-brainer, really. "This sidechain will bring Ethereum Virtual Machine (EVM) compatibility to the XRP community," Ripple stated. It allows developers to use familiar tools and programming languages. This move could broaden XRPL's appeal to developers globally. Ripple plans to keep pushing forward. The company aims to add smart contracts to the mainnet by 2025. It's all part of their grand plan to increase XRPL's programmability. Let's see if it pays off.

Ripple's XRP is inching towards $1. This milestone has reignited investor interest. Many are now exploring fresh opportunities. One catching eyes is the new ICO, Mpeppe (MPEPE). XRP's journey hasn't been smooth sailing. It's faced regulatory hurdles and market swings. But the token's shown grit. Now it's on the cusp of breaking $1 - a key psychological barrier. Market guru Moonshilla is bullish on XRP. They've spotted some juicy chart patterns. There's a "symbiotic triangle" formed over six years. Plus, a triple-bottom pattern. Both hint at a potential upswing. As XRP climbs, investors aren't just sitting pretty. They're hunting for the next big thing. Enter Mpeppe. Mpeppe isn't your run-of-the-mill crypto. It's a mashup of memecoin fun and real-world use. The ICO price is tempting for both small fry and whales. What's the fuss about? Mpeppe's zeroing in on online gaming and gambling. These sectors are going gaga for blockchain. Mpeppe aims to bring transparency and security to the table. Talk about perfect timing. XRP's rise has the whole crypto market feeling frisky. Investors are in a gambling mood. They're eyeing new projects with moon potential. Mpeppe fits the bill. Why are folks jumping on the Mpeppe bandwagon? A few reasons: cheap entry price, booming market in online gaming, cutting-edge blockchain tech, rabid community support. As XRP edges towards $1, it's sending ripples across crypto (pun intended). Mpeppe's riding this wave. It's serving up a tasty cocktail of low price, new tech, and market relevance. For XRP fans, Mpeppe could be the next play. It's a shot at diversifying into a project with 1000x potential. The combo of solid foundations and strategic positioning makes it one to watch. The crypto market's a goldmine of opportunities. But timing is key. As XRP flirts with $1, savvy investors are already scoping out the next big thing. Mpeppe (MPEPE) could be it. It's got a unique blend of innovation and market potential. With its promising ICO and XRP's rally fueling the fire, Mpeppe's set to turn heads. Whether you're a crypto veteran or a newbie, it's worth a look. It could be your ticket to ride the wave XRP's kicked off.