XRP has the highest returns of any asset class in Thailand so far this year, Shanghai court sells seized Filecoin, and more: Asia Express. XRP delivered the strongest returns among all major asset classes in Thailand, soaring 390% year-on-year in August, according to the Thai Securities and Exchange Commissions latest digital asset market report.The XRP token has now topped the SECs performance rankings for nine consecutive months, outpacing gold, equities and other benchmarks listed in the regulators database. Solana was the last asset other than XRP to top Thailands chart. Bitcoin and Ethereum rounded out the top three performers in August.Thailands cryptocurrency market continues to expand. Monthly trading volume rose 2.05% to 299.4 billion baht (about US$8.2 billion), while the number of active accounts increased 8.44% to 230,000. Retail investors made up the largest share of trading at 42%, followed by institutional investors (21%), juristic persons (18%) and foreign investors (16%).Read more XRP has the highest returns of any asset class in Thailand so far this year, Shanghai court sells seized Filecoin, and more: Asia Express. XRP delivered the strongest returns among all major asset classes in Thailand, soaring 390% year-on-year in August, according to the Thai Securities and Exchange Commissions latest digital asset market report.The XRP token has now topped the SECs performance rankings for nine consecutive months, outpacing gold, equities and other benchmarks listed in the regulators database. Solana was the last asset other than XRP to top Thailands chart. Bitcoin and Ethereum rounded out the top three performers in August.Thailands cryptocurrency market continues to expand. Monthly trading volume rose 2.05% to 299.4 billion baht (about US$8.2 billion), while the number of active accounts increased 8.44% to 230,000. Retail investors made up the largest share of trading at 42%, followed by institutional investors (21%), juristic persons (18%) and foreign investors (16%).Read more

XRP is Thailand’s top performing asset, Shanghai dumps FIL: Asia Express

2025/09/19 06:39

XRP has the highest returns of any asset class in Thailand so far this year, Shanghai court sells seized Filecoin, and more: Asia Express.

XRP delivered the strongest returns among all major asset classes in Thailand, soaring 390% year-on-year in August, according to the Thai Securities and Exchange Commissions latest digital asset market report.

The XRP token has now topped the SECs performance rankings for nine consecutive months, outpacing gold, equities and other benchmarks listed in the regulators database. Solana was the last asset other than XRP to top Thailands chart. Bitcoin and Ethereum rounded out the top three performers in August.

Thailands cryptocurrency market continues to expand. Monthly trading volume rose 2.05% to 299.4 billion baht (about US$8.2 billion), while the number of active accounts increased 8.44% to 230,000. Retail investors made up the largest share of trading at 42%, followed by institutional investors (21%), juristic persons (18%) and foreign investors (16%).

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Strange $55,868,599 XRP Transfer Lands in Ripple Account: What’s Going On?

Strange $55,868,599 XRP Transfer Lands in Ripple Account: What’s Going On?

The post Strange $55,868,599 XRP Transfer Lands in Ripple Account: What’s Going On? appeared on BitcoinEthereumNews.com. This morning, data from Whale Alert showed that 18,744,800 XRP, worth around $55.9 million, were transferred from an unidentified wallet to one of Ripple’s main accounts. The unknown source and direct route to the crypto company of course caught the attention of traders who monitor these flows for insights into how Ripple manages its XRP holdings. Those who closely follow these movements, such as “XRPwallets” account” say the process is familiar. Ripple brings tokens back into its main account before redistributing them into different channels, such as On-Demand Liquidity corridors, exchange-traded products, custodial structures and investment vehicles.  While this makes the transfer less mysterious, the lack of context around the timing leaves room for speculation in the market. Here’s how XRP price reacted As for the trading side, XRP is currently at around $2.99. Support is at $2.93, and resistance is at $3.05. The daily chart shows the price staying within this narrow range, but the hourly charts show quick drops toward $2.95 that are matched by quick rebounds.  For traders, it is pretty simple: if it breaks above $3.05, it could go toward $3.20, but if it weakens back below $2.90, it will probably test the lower range again. XRP/USD by TradingView It not not the most Ripple has done, but the context makes it a big deal. The market is taking more of an interest in how Ripple handles its reserves, on top of the growing interest from institutions and the new talks about possible privacy features in the XRP Ledger.  In that case, a $55 million transfer is less of a regular adjustment. Source: https://u.today/strange-55868599-xrp-transfer-lands-in-ripple-account-whats-going-on
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BitcoinEthereumNews2025/10/06 16:47
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