LOOM

2026-07-07 22:26:32

XRPL Activity Surpasses 120 TPS as DEX Cancellations Drive Network Volume

XRPL processed over 120 TPS with 600 to 700 transactions per block, but the surge was mainly driven by DEX offer cancellations rather than fresh trading demand. Meanwhile, 9 million RLUSD were minted on XRPL and over 10 million burned on Ethereum, while XRP stayed near $1.35 below key resistance.

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XRPL Activity Surpasses 120 TPS as DEX Cancellations Drive Network Volume
2026-07-07 09:49:36

Coinbase Stock Jumps Nearly 17% in Five Days After BofA Buy Upgrade

Coinbase shares rose nearly 17% over five days after Bank of America upgraded the stock to Buy, following a similar bullish call from Goldman Sachs. Investors are increasingly valuing Coinbase as a diversified crypto infrastructure player beyond trading.

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Coinbase Stock Jumps Nearly 17% in Five Days After BofA Buy Upgrade
2026-07-06 04:51:11

Ripple CEO Garlinghouse Says Market Doesn’t Need 50 USD Stablecoins

Ripple CEO Brad Garlinghouse said the market does not need dozens of USD-backed stablecoins, arguing that trust, regulation, and transparency will determine long-term winners. He also highlighted RLUSD, regulatory progress, and Ripple’s institutional strategy.

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Ripple CEO Garlinghouse Says Market Doesn’t Need 50 USD Stablecoins