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Ripple Validator Addresses XRP Price Crash, Here’s What’s Really Happening

The XRP price crash this week has stirred up a lot of discussion in the crypto community, eliciting mixed reactions from key players and the broader crypto community. While XRP’s decline is undeniable, a prominent validator within the ecosystem has weighed in on the situation, arguing that the price decline is part of a larger market downtrend affecting all cryptocurrencies. XRP Price Crash Reflects Broader Market Struggles According to Vet, an XRP Ledger (XRPL) dUNL validator, the recent price drop in XRP should not be viewed in isolation. On Tuesday, November 4, he took to X social media to highlight that cryptocurrencies are currently facing a downturn. “Everything is red, not just XRP,” Vet said, stressing that XRP’s price crash is a broader reflection of ongoing turmoil within the crypto market . Vet believes that getting caught up in the endless debate that the XRP price action is a distraction from the bigger picture. Rather than being baited, he encourages XRP community members to use their time to expand their knowledge and insights into the crypto industry and XRP’s technology . The XRPL validator maintains an optimistic outlook for XRP, asserting that the market is “not going anywhere,” even with the recent crash and ongoing volatility. Notably, Grape, an XRP validator, shared similar thoughts. While acknowledging that XRP has definitely been affected by the widespread market decline, he agreed that now is not the time for pointless, heated arguments over the token’s price. Instead, he urged people to focus on the long-term vision, which is “building.” Currently, the broader crypto market crash has affected not just the XRP price, but Bitcoin and prominent altcoins like Ethereum , Solana, and others. With ongoing price pressure and corrections, it remains to be seen if optimism will continue to hold among analysts and crypto community members. Why The Crypto Market Is Experiencing A Bloodbath Looking beyond the XRP price, the entire cryptocurrency market is in a state of disarray, with sentiment at a record low. In the past 48 hours, crypto analyst Ray noted that $2.1 billion in crypto positions , both long and short, have been liquidated. This comes just a few weeks after the more than $19 billion liquidation event that took place on October 10. Within the last few days, Ethereum has dropped 14% in a single day, and BTC is trading at its lowest level in four months. At the time of writing, Bitcoin is priced slightly above $101,500, reflecting a 10.2% crash this week and a 2.8% slump in the past 24 hours. The XRP price, currently trading at $2.25, has also declined by more than 14% over the past week and by over 2% in the last 24 hours. The broader market crash has left many analysts and crypto traders concerned. Ash Crypto, a prominent analyst, has highlighted that $267 billion has been wiped ouat from the crypto market this week alone. With the market red across the board, the analyst calls this the “shittiest bull market ever.” Additionally, market sentiment is at a record low. Joao Wedson, founder and CEO of Alphractal, shared that negativity is at its highest point since April. He pointed out that such intense negative sentiment is often a signal of an imminent price bottom.

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Ripple Partners Mastercard to Bring RLUSD Credit Card Settlements to XRP Ledger

Ripple has announced a major step toward integrating stablecoins into traditional finance, revealing a collaboration with Mastercard, WebBank, and Gemini to support stablecoin settlements for fiat credit card payments. The announcement was made during Ripple Swell 2025 in New York and shared by the company on X, highlighting plans to use RLUSD, its stablecoin, on the XRP Ledger (XRPL) for blockchain-based settlement of card transactions. The initiative will enable RLUSD to facilitate settlement processes between Mastercard and WebBank, the issuer of the Gemini Credit Card . According to Ripple, this marks one of the first collaborations in which a regulated U.S. bank will settle traditional card transactions using a regulated stablecoin on a public blockchain. Ripple Swell: We’re collaborating with @Mastercard , WebBank, and @Gemini to introduce $RLUSD settlement on the XRP Ledger for fiat credit card payments, starting with the Gemini XRP Credit Card: https://t.co/36yoNBtM9f This initiative sets a new benchmark for institutional… pic.twitter.com/7UVhCTfuo0 — Ripple (@Ripple) November 5, 2025 Stablecoin Settlement Enters Mainstream Finance Ripple stated that the effort builds on its earlier work with Gemini and WebBank, which launched an XRP edition of the Gemini Credit Card in August. The new initiative extends that model by exploring how RLUSD can make card payment settlement faster and more transparent while maintaining compliance within the existing financial system. According to Ripple’s press release , Sherri Haymond, Global Head of Digital Commercialization at Mastercard, said the partnership uses Mastercard’s global network to bring “regulated, open-loop stablecoin payments into the financial mainstream.” She added that Mastercard’s approach emphasizes strong consumer protections, a level playing field, and full regulatory compliance. More Experts Weigh In Ripple President Monica Long said the collaboration demonstrates how “regulated digital assets like RLUSD can enhance settlement,” adding that the XRPL will continue to serve as the backbone for institutional use cases that improve financial services. WebBank CEO Jason Lloyd said banks can bridge blockchain innovation with traditional finance to enhance institutional payments using stablecoins, and Gemini CFO Dan Chen added that the partnership shows how stablecoin settlement can advance the Gemini Credit Card and integrate digital assets into consumer spending. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRPL and RLUSD Power the Settlement Network The XRP Ledger provides the infrastructure for this initiative, offering low costs and fast transaction processing. XRP continues to play a vital role in securing the network and enabling efficient transfers as Ripple expands the ecosystem with RLUSD. RLUSD is a U.S. dollar–backed stablecoin issued under the New York Department of Financial Services (NYDFS) Trust Company Charter. It is fully backed by cash and cash-equivalent reserves. Since launching in late 2024, RLUSD has grown to over $1 billion in circulation, supported by its integration in Ripple’s cross-border payment solutions and DeFi applications. Ripple and its partners plan to begin RLUSD onboarding on the XRPL in the coming months, pending regulatory approvals, before integrating it into Mastercard and WebBank’s settlement systems. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple Partners Mastercard to Bring RLUSD Credit Card Settlements to XRP Ledger appeared first on Times Tabloid . Bitcoinist

Dinari and Chainlink Partner to Enable Onchain S&P Digital Markets 50 Index

Dinari has partnered with Chainlink to bring the S&P Digital Markets 50 Index onchain, making it one of the first institutional-grade benchmarks to operate verifiably on blockchain using real-time data Bitcoinist