17h ago
Ripple CTO says XRP escrow releases are driven by demand, putting about 43 billion XRP in escrow in focus
Ripple Chief Technology Officer David Schwartz said the pace of XRP escrow releases is not a fixed monthly unlock schedule but can adjust dynamically based on market demand. That suggests the roughly 43 billion XRP currently in escrow could be depleted sooner than linear models assume if on-chain activity, payment adoption or institutional buying demand remains strong. Schwartz did not announce a new unlock plan or any protocol change, but his remarks explicitly linked the release mechanism to real-time demand and prompted renewed discussion about a potential longer-term inflection point in circulating supply.
XRP
XRP-0.58%
17h ago
17h ago
SBI Holdings teams up with SMFG to build a Japan-led on-chain financial market on Solana
SBI Holdings said it is building a Japan-led on-chain financial market on the Solana blockchain with Sumitomo Mitsui Financial Group (SMFG), a global systemically important bank (G-SIB). The initiative focuses on real-world asset (RWA) tokenization and the compliant cross-border circulation of stablecoins. It is positioned as infrastructure with a clear implementation lead and regulatory coordination, and is expected to drive institutional inflows on Solana, RWA protocol deployments, and stablecoin settlement demand. The company noted that “G” refers to SBI Holdings’ stock ticker rather than a crypto asset, and that RWA here refers to the RWA token narrative rather than a single coin, while SOL is the only public-chain asset explicitly named as carrying the infrastructure.
SOL
SOL-1.27%
17h ago
18h ago
India’s retail inflation rises to 4.38% in June as silver, gold jewellery prices surge
India’s retail inflation came in at 4.38% in June, up from 3.93% in May. Silver jewellery prices jumped 133.21% year on year and gold jewellery rose 36.82%, making them major contributors to the overall CPI. Food inflation was mixed, with tomatoes and ginger rising sharply while potatoes and peas fell. The reading remains within the Reserve Bank of India’s 2%–6% tolerance band, even as the RBI has raised its FY27 CPI inflation forecast to 5.1%.
18h ago
18h ago
ICICI Prudential AMC Q1 net profit rises 23% YoY to Rs 965 crore; revenue up 18%
ICICI Prudential AMC reported its Q1 FY2024 results with net profit of Rs 965 crore, up 23% year on year. Revenue rose 18% from a year earlier. The company’s performance came in well above market expectations, reflecting steady growth in assets under management and resilience in fee-based income. As India’s largest listed AMC, its results are viewed as a bellwether for the country’s financial services and asset management sector.
18h ago
19h ago
Brigid Forge on BNB Smart Chain pitches on-chain verification for liquidity locks and fixed token supply
Brigid Forge is a token-launch infrastructure built on BNB Smart Chain that offers on-chain verifiable liquidity locks, a fixed supply with no mint function, and transparent vesting vaults. Its native token, $BRIGID, is used for ecosystem staking rewards that distribute 40% of project revenue to holders, as well as governance and Launchpad operations. The project lists its contract address as 0x85050F141a6006075161EB4c2EeEdE65089d54c0 and says it is deployed on BNB Smart Chain. The setup is positioned as a tool to reduce trust costs and rug-pull risk for new token launches within the BNB ecosystem.
BNB
BNB+0.26%
19h ago
19h ago
Solana holds key technical support as 8.4 million weekly addresses lift sentiment
Solana (SOL) is holding a key support level on technical charts, keeping a bullish structure intact. On-chain activity has picked up, with 8.4 million unique addresses recorded over the past week. The figure is being read as a sign of ecosystem expansion and stronger user engagement, reinforcing confidence in Solana’s fundamentals. The analysis focuses solely on SOL’s on-chain metrics and price resilience, without citing other tokens, upgrades, unlocks, or regulatory developments.
SOL
SOL-1.27%
19h ago
19h ago
Ripple joins HM Treasury wholesale digital markets taskforce, submits first report to Chancellor
Ripple has formally joined HM Treasury’s Wholesale Digital Market taskforce and has delivered its first official report to the Chancellor. The report lays out a roadmap to scale financial tokenization, expand distributed ledger technology (DLT) adoption, and develop digital wholesale settlement in the UK. The work is positioned as a national-level regulatory coordination effort focused on upgrading interbank and institutional infrastructure. XRP is described as a core asset within Ripple’s underlying technology protocol, with its compliance-focused use cases and policy support said to have strengthened.
XRP
XRP-0.58%
19h ago