COIN closed at $264.97, 4.27% higher on the day, accompanying a relative recovery in the crypto market, which saw bitcoin gain over 3.3% to reclaim $90,000.
The designation means licensed firms can use the dollar-pegged token for regulated activities, placing it into a small group of tokens permitted by the ADGM’s ring-fenced financial system.
Total XRP ETF assets crossed $628 million, absorbing nearly 80 million tokens in 24 hours, making for a stronger initial response than Solana’s ETF debut earlier this year.
Technical indicators suggest strong momentum, with XRP trading in an ascending broadening wedge and targeting further gains if it remains above key support levels.
Large holder deposits have hit exchanges and realized losses are climbing, according to CryptoQuant and Glassnode, indicating the market’s rally is being built on thin liquidity.
Democratic staff on the House Judiciary Committee gathered data on President Donald Trump's crypto businesses that reportedly gained his family massive wealth.
Despite a sharp $55 billion decline in total value locked since October, the DeFi sector remains structurally strong, with rising DEX activity and steadily growing protocol fundamentals.