XRP
Why XRP is up 1.4% in the last hour
Analysis
XRP rose about 1.4% over the past hour as traders reacted positively to ecosystem catalysts and improving sentiment. U.Today reported that a key upgrade activated on the XRP Ledger, which can bolster near-term confidence in network progress, while CryptoPotato highlighted new yield opportunities for XRP via Flare’s lending markets with Morpho, adding a fresh utility narrative.
Contributing Factors (3)
Ripple Awaits Final Piece of Puzzle as Key Upgrade Activates on XRP Ledger
Last XRP DEX compliance puzzle piece now awaited as upgrade activates.
Earn Yield on XRP: Flare Launches New Lending Markets with Morpho
Besides launching the first-ever modular markets for XRP, the latest development introduces modular lending to the Flare ecosystem.
XRP traders more optimistic as BTC, ETH mood turns sour: Santiment
Social media sentiment has turned “extremely bearish” toward Bitcoin and Ethereum this week, according to analytics platform Santiment.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.