The XRP crypto Ledger is having a bit of a glow-up. Nearly 14 million XRP have been permanently removed from circulation, eaten up by its native transaction fee structure. It’s a notable burn rate for a network trying to position itself as a lean, deflationary machine. Hm, we should trademark that!
Add in native USDC support and a push into tokenized real-world assets, and XRP is locking in on the utility narrative for 2025.
Meanwhile, on the payments side, PayPal’s stablecoin PYUSD is no longer exclusively on Ethereum. The token is now live on the Stellar blockchain, unlocking utility for an audience that doesn’t want to pay $15 to send $100.
14 Million XRP Crypto Burned and Counting
According to XRPscan, the XRP Ledger has burned 13,985,106 XRP to date, thanks to its unique approach of using transaction fees to remove XRP from circulation. Unlike conventional buyback or community-driven burn schemes, XRPL’s method ensures that every transaction contributes to the network’s efficiency and spam prevention.
There's a real need for good (industry standard) Stable Coins. And with $USDC the XRPL has yet another one to empower the next big thing
May the onramps and offramps be plenty & the liquidity high 🍻
Congrats to @circle and @Ripple to making this happen$USDC in @XamanWallet: https://t.co/4G7dhcaogr
— XRPL Labs 🪝 (@XRPLLabs) June 12, 2025
We’ve also seen the migration of USDC to XRPL. With one of the most trusted digital dollars now native to the ledger, developers and institutions finally have a stable medium of exchange on which to build.
Ondo Finance is also building on XRP through tokenized short-term treasuries, which are now redeemable via Ripple’s RLUSD. This turns XRPL into an active player in the real-world asset game, the same one TradFi and DeFi increasingly merge into.
XRP Crypto Price Update and Technical Outlook
XRP is stuck in a holding pattern around $2.19, trying to shake off recent drawdowns. There’s quite a bit of buying happening, but the momentum is cautious, not explosive.
Support’s holding steady at $2.13, with a safety net around $2.08 if things turn south. Meanwhile, the resistance band between $2.18 and $2.20 has become a psychological trench. Clear it, and we’re looking at a run toward $2.25.
The 20-day simple moving average has crossed above the 200-day SMA, forming a golden cross, while both metrics trend upward, strengthening market sentiment. At the same time, XRP’s price pushes against the upper Bollinger Band, though the tightening range suggests a cooldown could precede any significant moves.
XRP’s RSI stands at 55, leaning bullish without pushing into overheated territory. The MACD shows signs of a sustainable uptrend as bullish crossover patterns emerge amid steady volume.
XRP and Stellar look primed to enjoy healthy gains if we see an altseason soon.
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What Crypto to Buy Right Now? New Solana Layer 2 SOLX Breaks $30m Raised
Another altcoin making major news is the $SOLX presale, which finally smashed through $52 million raised with more than $250,000 rolling in daily. The hype suggests it could easily surpass that milestone as pro-EU crypto policies and Trump-era crypto strategies take shape.
For early adopters, $SOLX offers a shot at a platform engineered for cross-chain DeFi, rapid dApp deployment, and robust multi-chain compatibility.
## Solaxy (SOLX)
Price Prediction
🚀 #SOLX showing massive potential with analysts projecting up to 1,790% gains by end of 2025! Layer-2 scaling solution addressing #Solana's congestion issues could be a game-changer. Presale already raised nearly $30M. Early investors taking… pic.twitter.com/Hg0rbaFGeK
— CryptoInsight (@teknopattv48) April 11, 2025
$SOLX presale offers early participants a chance to join a project that combines multi-chain integration, high-performance dApp development, and a gateway to multichain DeFi.
Solaxy’s cross-chain bridge with ETH is another draw for the presale.
A new bridge links Ethereum’s deep liquidity with Solana’s breakneck speeds and lower costs. This hybrid solution could nudge decentralized apps into another league, giving developers room to innovate without compromise.
Meanwhile, the staking app is setting its own pace, boasting a staggering 322% APY. Over 3.48 billion SOLX tokens are locked away, bleeding supply and forcing some level of price stability into an otherwise chaotic market. Long-term investors might not find much flash here, but the predictability is hard to ignore.
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Key Takeaways
- The XRP crypto Ledger is having a bit of a glow-up. Nearly 14 million XRP have been permanently removed from circulation.
- For now, the debate about cryptocurrency’s place in Canada’s financial future is just beginning.
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