Aave V4 Hits $50 Million in Active Borrows — What Does It Mean for Traders?

Key Insights: A major crypto hack has struck Drift Protocol, with losses estimated at more than $220 million and some assessments reaching $285 million. The incident

The post XRP Ledger Upgrade Progress Puts $3.06 Resistance in Focus appeared on BitcoinEthereumNews.com. XRPL Hub upgrade enhances validator connectivity and reliability for institutions XRP price trends show cautious optimism with resistance near $3.06 and support at $2.98 Technical indicators signal mild momentum as RSI holds neutral and MACD shows gains Chief Technology Officer David Schwartz has shared a fresh update on the ongoing XRP Ledger (XRPL) upgrade.  In a tweet on X today, he said “It’s going awesome! Here’s the past week,” highlighting steady progress on the XRPL Hub. The Hub, first unveiled on August 26, is designed to enhance network performance and reliability for institutional users. Related: Could 2,000 XRP Today Be Worth $100K by 2026? While testing experienced minor setbacks, the upgrade promises a faster, more stable, and more reliable infrastructure, potentially transforming how banks and large financial institutions interact with the XRP network. What the XRPL Hub Brings to the Table The XRPL Hub functions as a powerful server enhancing validator connectivity and network reliability. Consequently, it reduces the risk of outages and improves transaction load times. This improvement is particularly significant for institutions that demand uninterrupted access to financial services.  Moreover, the upgrade is a personal initiative from Schwartz rather than a standard Ripple product, highlighting his confidence in XRPL’s potential. By independently boosting the ecosystem, Schwartz underscores a long-term commitment to benefiting the XRP community and strengthening the network’s institutional adoption. XRP Price Trends and Market Outlook XRP is currently trading at $3.02, reflecting a 1.3% increase in the past 24 hours. The price movement shows moderate upward momentum, with higher lows indicating sustained buying interest. Key support sits around $2.98, while immediate resistance appears just above $3.06.  If XRP breaks past this resistance, further upward movement is likely. However, a retracement could retest the $2.98 support level. Trading volume in the last 24 hours reached $4.81 billion,…

Key Insights: Ripple expanded its footprint in Africa after acquiring an equity stake in Flutterwave, one of the continent’s largest fintech companies. The investment