Driven by the overall recovery of the cryptocurrency market, XRP price rebounded 5.17% to $1.41, with open interest increasing 7.04% to $2.24 billion. This triggered $4.24 million in liquidations, mainly from short positions. Ripple's engineering director announced plans to strengthen coordination among XRPL validators and adopt a security-centric development lifecycle. Meanwhile, the company is expanding its payment network into a full-stack infrastructure platform supporting fiat currencies and stablecoins.
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Driven by the overall recovery of the cryptocurrency market, XRP price rebounded 5.17% to $1.41, with open interest increasing 7.04% to $2.24 billion. This triggered $4.24 million in liquidations, mainly from short positions. Ripple's engineering director announced plans to strengthen coordination among XRPL validators and adopt a security-centric development lifecycle. Meanwhile, the company is expanding its payment network into a full-stack infrastructure platform supporting fiat currencies and stablecoins.