thecryptobasic

IOG Product Manager Carlos Lopez De Lara has reminded Cardano’s DReps and SPOs about an upcoming governance deadline that could affect the network’s ability to approve key protocol changes. The initiative centers on voting for four newly elected Constitutional Committee members before the September 1 deadline.

XRP ETFs attract new money on Tuesday, with four funds receiving a combined $23.87 million as positive flows extend to eight consecutive trading sessions. Bitwise led the inflows with $11.02 million, followed by Franklin Templeton with $6.39 million.

Ripple's RLUSD stablecoin has crossed the $2 billion milestone after Ripple minted more than $540 million on the XRP Ledger (XRPL) over the past 30 days. According to on-chain data from a community-driven RLUSD tracker, RLUSD's circulating supply has reached $2.08 billion, marking the first time the stablecoin has crossed $2 billion since its launch in December 2024.

While XRP has staged a strong recovery over the past week, its performance relative to Bitcoin (BTC) has recently come into question. The coin surged from below $1 to as high as $1.70 before retracing to around $1.43.

XRP whales have increased their activity on Binance, with more than 231 million XRP withdrawn from the exchange in a single day. This movement coincided with the cryptocurrency’s market capitalization surging by $44 billion over three days.