XRP JUST HAD A MASSIVE WEEK.. HOLDERS THIS IS CRAZY!

[00:00:00]The last week for XRP has been quite interesting to watch and no, I'm not just talking about the price chart because the price chart, I mean, it hasn't been too bad. I mean, let's just be honest here. You know, we're just kind of chopping here. Kind of reminds me of some of the prior price action that we've kind of dealt with in the past. More so specifically back here in like 2024 where it was just kind of a rough time for crypto. Uh it kind of feels as though we're at that point in time uh where like it was June going into July where we were at like a fresh low and all confidence around crypto was dead and the market sucked. And then all of a sudden like we started to, you know, just kind of chop to the upside.

[00:00:40]Again, had that sort of, you know, price chop that kind of just gets everyone frustrated, gets them a little bit impatient, and kind of shakes them out right before some of like the biggest move. So, we might still have a couple weeks left here. Like realistically speaking, if we were just kind of going to throw like a bars graph um, you know, pattern on the chart, like maybe we do something like this where we're just kind of going to chop all the way up until roughly October and then we go crazy. That would be expected, but you know, again, I don't necessarily think that we're just like following this to a T or anything. I just think that we're going to chop a little bit more very similar to this back here where we just kind of, you know, go sideways for a bit longer while everyone kind of, you know, gets shaken out just because they're impatient or frustrated. And like who's actually getting shaken out at this point? Like I feel like most people are already shaken out. Um so, we might just have a little bit of time here, a little bit of a grace period to buy more XRP.

[00:01:31]Um but the main thing that I'm really kind of looking at like over the last 7 days, um beyond just like the actual price action, like we've been seeing fundamentals stacking up for XRP. And if you guys do remember, I just made a video um talking about like how fundamentals are more valuable than what the price chart's telling us because you won't see the price chart follow fundamentals at all. And fundamentals don't really follow the price chart either. Like you would look at this and say, "Well, what happened during this time? Did like XRP crash in terms of like the network or like oh, was there like a massive exploit? Like what happened? Like no, nothing bad happened like that in terms of fundamentals. It's just crypto kind of sucks right now. Um, but the fundamentals for XRP have been stacked up. And let's actually talk about that. Because we just witnessed a major upgrade to the XRP ledger, which was version 3.2.0, uh, which is now available.

[00:02:22]Aside from fixes, there's also the big name transition that leaves the legacy name Ripple uh, daemon behind for the software that powers XRP and introduces it as the XRP ledger daemon. Uh, so yeah, this is definitely a big update.

[00:02:35]Um, what really happened though? What really changed? Was there like a crazy upgrade to the system? Well, we have over here from Yahoo Finance. It kind of just breaks down how this new upgrade um, is pretty big and like what it means for the price of XRP. Ultimately, you guys don't really need to worry too much about the price action because it doesn't really matter um, right now at least because again like I'm not really expecting like anything special happen. But here is what's really updating around this upgrade. So, we will see optimization of memory usage, increase of transaction throughput, improving the network stability, and fixing multiple bugs. Its developers claim that its server usage could drop as much as 40% as its nodes operate more efficiently under higher demand. The XRP will also rename its ledger from Ripple to XRPLD um, to reflect its growing independence from Ripple's ecosystem. XRP is primarily used as a bridge currency for cross-border fiat transactions on the Ripple network by converting both currencies to XRP and back, Ripple can provide faster and cheaper cross-border money transfers from conventional Swift transfers. So, the main thing that we're really kind of looking at here is just simply the idea that, you know, we are seeing, you know, a lot more optimization around the memory side of things, the increasing of transactional throughput, which is definitely a big one, and then also the network ability is also being improved with bugs being fixed as well. So, it's just a nice upgrade. Again, more development happening around XRP, which is always great to see. Um I've always stated that like these upgrades, you know, aren't really like a major major announcement or anything like that. They're more so a clear, you know, insight on the fact that like we're still seeing a lot of building happening. We're still seeing a lot of upgrades being pushed to really kind of keep the network efficient, stable, secure, and also again like we start to see it get improved on as well.

[00:04:23]So, very good to see. Very awesome stuff as well. Um but to also build on top of that, we have been seeing a lot of expansion happening around XRP perpetual futures and contracts and things like that. Uh one of the bigger ones that really kind of just announced uh that got announced recently was uh Kalshi, which, you know, again, they announced XRP perpetuals contracts are here now live on Kalshi. And, you know, they are a pretty big platform in terms like their main platform. Uh they've been growing pretty quick as of late. Um and then they did launch Kalshi crypto, um which is basically like a exchange that they launched. And now you have XRP perpetual contracts labeled on there.

[00:05:02]Again, just more exposure to XRP. You know, perpetuals aren't really that you know, crazy for like the spot value because they don't really affect it too much, but you know, we've been tracking the XRP um you know, markets out there.

[00:05:14]Like there's over 802 pairs for XRP. So, there's definitely a lot of um you know, there's a lot of exposure to XRP. In terms like the perpetual side, yeah, there's about 178 pairs there as well. In terms like futures, about 20.

[00:05:29]So, overall, there's like almost a thousand different pairs for XRP out there, uh which is, you know, just more and more, you know, potential trading volume, um exposure, and things like that. Um but then also we did see the MasterCard announcement, which, you know, I did include in a video recently about AI. This is definitely another big one where, you know, Ripple uh got tied into the, you know, Mastercard AI platform uh where AI agents could technically pay and validate, you know, new use case and things like that. So, we have here that as AI agents begin transacting on behalf of businesses, payments need more speed, they need trust controls, and clear rules for how value moves. We're helping build the infrastructure for trusted agent-driven payments with the XRP Ledger and RUSD helping lay the foundation for the future of commerce. We are pleased to be part of the ecosystem supporting Mastercard's Agent Pay for Machines Initiative, helping validate new use cases, establish common rules, and also, of course, accelerate adoption, which is definitely another major expansion for both XRP and even the RUSD uh stablecoin.

[00:06:35]Now, talking about the stablecoin, we're going to get into the, you know, facts here around the XRP Ledger because there's definitely a lot of growth happening for stablecoins, which I think is definitely very positive, which we'll talk about. Um but also, you know, stablecoins are launching on the XRP Ledger pretty much left and right over the last couple months we've been watching this happen. Uh this is just another one with Bitso. Uh so, they expanded their long-standing payments partnership with an MXN-backed stablecoin, MXNB, which will be issued out on the XRP Ledger and integrated into Ripple payments. Um and I stated in that video that I did on this announcement that the best part about this announcement is that we're starting to see the XRP Ledger's permission DEX being built upon and tapped into, but also, it's integrated into the Ripple's payment stack, which means for anyone that was looking at, you know, Ripple payments specifically, cuz, you know, for example, like a lot of people think like, "Oh, Ripple payments no longer uses XRP because of the stablecoin." No, like you now have stablecoin integrations built into the Ripple payment stack, and you have all of these, you know, great things happening here, but you also have the XRP Ledger integrated into this at the core. And this announcement from Ripple with Bitso confirmed that. So, this week we got a lot of great confirmations happening around like just how big the utility for XRP actually is even within some of these products where people were saying for you know months on end that oh, XRP is useless because of stable coins. No, it's still very very strong in terms of its original use case. But on top of that, we also have XRP being recognized by Fortune in Fortune magazine's inaugural Fortune Crypto 100, a ranking for of the most influential projects shaping the future of blockchain. A testament to the technology builders, businesses, and global community driving innovation across the XRP ledger ecosystem. And if we're really kind of looking at this like when we look at some of these major upgrades that are happening around the XRP ledger, that's why it's being spotlighted by Fortune magazine because there's this constant growth happening around the XRP ledger. Like if you actually look into Ripple X Dev and like some of the things that they got announced recently, like for example, the quantum proofing, that's awesome.

[00:08:44]Also like the H and you know, AI starter kit, like that's also another major announcement. Like all of June we've been seeing so many big upgrades and major updates happening around the actual underlying technology for the the ledger. But also even integrations with OUSD. I mean just it's been a crazy month already and we're just at the halfway point. So, XRP seen a lot happening around it. It is constantly a busy time for XRP, which is awesome. It means that there's a lot of development, there's a lot of expansion, there's a lot of adoption, and this is going to essentially lead back to that price action just like I stated in that video.

[00:09:26]But on top of that, another major announcement around perpetual futures. This is with Kraken FX. They launched a CFTC regulated perpetual futures for US customers covering Bitcoin, Ethereum, Solana, and XRP and more. Um obviously, you know, Kraken is a massive name in the space now. Um they do have that full-on banking license as well, which is definitely a big one, but you know, they've been around forever, almost 2 million followers. Uh definitely like one of the top-tier exchanges in the space. Uh they've always been dominating for a very long time, so it's great to see XRP uh being tapped in with uh Kraken again around perpetual because they're already listed on Kraken in terms of spot-based value as well. Um it's not like the biggest exchange in terms of XRP volume, but they're definitely there. Um and they're listed as a, you know, major USD pair. Also, if we're thinking about how big uh Kraken actually is in terms of like the exchange listings, uh Kraken is number 14 with about over a million weekly visits and almost 1. you know, 1 billion trading volume in the last 24 hours. So, they're definitely a big name in the space. Also, talking about exchanges, Gate.io. So, Gate is actually number seven here uh with over 2. almost 7 million weekly visits, over 2.2 billion dollars in 24-hour volume, and they actually just listed the XRP ORO USD pair, uh which is great to see. So, both of these pairs are now live on Gate.io.

[00:10:56]Um they integrated ORO USD, which is awesome, and you can trade ORO USD against USDT, Bitcoin, Ethereum, and XRP, uh which is you know, great.

[00:11:05]Gate.io, massive name, 54 million users, 2 million followers, one of the largest exchanges in the space. Now, let's talk about numbers here because we've been seeing so much integrations for ORO USD, so ORO USD should be growing rapidly, right? And yes, it is happening. Uh looking at the XRP ledger, you know, we've been seeing a lot of reports similar to this. Uh so, this is actually from the XRP Ledger Foundation.

[00:11:32]So, we have here that the XRP Ledger is growing fast as a home for real-world assets. And yes, it is over the last 90 days, 1.9 billion was added to the XRP Ledger, which by the way is more inflows than Ethereum.

[00:11:47]Just wanted to get that out there.

[00:11:49]Pretty crazy stuff, right?

[00:11:51]Um, but yeah, RWA value just started to go back up again. Typically over the weekend, you don't really see a lot of growth. Um, in terms of represented asset value, we're up about 2.38%. We're down about 10.8% for the distributed asset value. Um, but we're still well over almost like $4 billion there. Then you mix in the stablecoin market cap, which by the way is up 73%. That's right, that's not a typo, 73% um, over the last 30 days, almost $1 billion for the stablecoin market cap.

[00:12:21]And then the stablecoin 30-day transfer volume is actually up almost 100% at $4.86 billion.

[00:12:28]Yes, most of that volume is coming from ARUSD. If we're looking at the transfer volume specifically and we include stablecoins, we could see that ARUSD is like the main bread and butter here for that transfer volume. Uh, but we have been starting to see BBRL um, really growing as well. And I think that that's what people should be looking into as well. Um, so just going across the board here like Brazuca crypto is now up 22 and 1/2% along with ARUSD, which is up 89 and 1/2% in the last 30 days.

[00:13:00]So BBRL from Brazuca crypto, first off, even the uh, USDB stablecoin from Brazuca crypto is also up to 2.89% at $115 million, but if we're looking down the list, so I don't think it's actually on this list.

[00:13:16]Let's just go to the asset class. So BBRL is up about 16 and 1/2% in the last 7 days. That just crossed $11 million.

[00:13:23]So Brazuca crypto com- like combined here has over 120 plus million dollars tied back to it. Actually, it's closing in on almost 130 million dollars, which is kind of crazy. And then also YRSV is kind of growing a little bit.

[00:13:39]Nothing too crazy there, but you know, we definitely have been seeing a lot of growth for Circle because in the last 7 days, USDC is up about 87 and 1/2% so stable coins on the XRP ledger are definitely growing in a big way. Now, the main thing is that we have been focused because EURUSD on the XRP ledger is up 89 and 1/2% in the last 30 days. It's down 23% on Ethereum. XRP is now so close to the halfway point and nearly flipping Ethereum in terms of the supply. I remember when a lot of XRP haters were saying like, "Oh, that's right. They don't care about XRP. They only care about Ethereum." Yeah, how quick the tune has changed there.

[00:14:19]And you know, I look at the monthly transfer volume here and it's just absolutely insane to watch. But this is why like when you look at fundamentals, like the fundamentals are definitely stacked up for XRP and we're seeing so many great big weeks for XRP in terms of like fundamental growth, for announcements, major upgrades.

[00:14:35]That's why when we start to pump again, like for those that are new here, maybe you guys weren't here back in 2024 leading into 2025, but I remember when XRP did, you know, jump in value and everyone was like, "Nick, is this it?

[00:14:47]Like what what's happening here? Like why is XRP pumping?" You know, if you guys do remember all of 2024, even though price action was down for XRP, like you know, XRP never actually broke over its peak from July of 2023. Like if we're looking at this, what if, and I I again I say what if because I don't think that we have to, but like what if we would had they would have to wait 483 days like we did back in, you know, 2023 going into 2025? Like if we had to wait 483 days from our current price action, that would take us to roughly November of 2026.

[00:15:25]Okay? That that that's when we would have the 483 days uh direct period in in line for us to actually kind of break out again, very similar to what we saw back here.

[00:15:37]What would you guys do if we had to wait until November? Would it be a big deal?

[00:15:42]Would it be a big concern?

[00:15:43]I say this because during this time XRP jumped well over 600% and everyone was asking me, "Nick, why is XRP pumping right now? Like what's going on? Why is it pumping?" Guys, during this entire 483-day stretch period, XRP was seeing massive amounts of announcements. There was an announcement almost every other week for XRP in a positive way. I mean, XRP got cleared as not a security in the court of law.

[00:16:08]And we still didn't have a crazy pump.

[00:16:11]Because it's all delayed. It's all lagging. And then all that once that pressure builds and it pushes the price up like crazy.

[00:16:20]I'm not saying that we have to wait another, you know, from our current, you know, uh area on the chart. Like I don't think that we have to wait another 147 days. But if we had to, like I wouldn't be concerned at all. I wouldn't be upset. Um but the main reason why I say that is like, you know, eventually the price is going to reflect all of these fundamental announcements. And during that time people will be asking the same question, "Nick, why is XRP pumping?

[00:16:41]Like what happened? Where where where's the headline? Where's the news?" The news was all of what we're seeing right now that everyone is overlooking and saying, "Oh, it doesn't matter. The price is still down." Yeah, well guess what? This will all lead to the price being up in a big way. So, with that being said, um I hope that you guys enjoyed this video. If you guys did, definitely like, subscribe, turn notifications on because more free content. You guys are more than welcome to follow me on Twitter and join the free Discord on the description below. And with that being said, guys, this is Nick. Thanks for watching. Peace out, guys.