Il Chi

Independent reporter covering the latest news on XRP, XRPL & RLUSD.
Facts and updates only – not financial advice.

[CasiTrades 🔥 @CasiTrades]

Bitcoin, XRP & Altcoins: Emergency Crypto Broadcast https://t.co/mBEGWYXXem

[Il Chi @Il3Chi]

Price action was quiet today, but RLUSD quietly moved past PayPal’s PYUSD to become the seventh-largest stablecoin. Crypto Briefing had it at roughly $2.71B on the Nov 12 snapshot against about $2.67B for PYUSD. The lead is thin and these ranks shift with daily supply changes, yet the climb since the December 2024 launch has been consistent. Roughly a third of the supply still sits on the XRP Ledger. 🪙 #RLUSD

[Il Chi @Il3Chi]

XRPL’s native lending amendments picked up a bit more support. LendingProtocol and the V1.1 patch are at 22 of 35 validator votes, vault side one ahead at 23. Still need 29 before the two-week hold even starts. Steady progress, but no clock running yet. Tracking via XRPL Dashboard and CoinDesk. #XRP 🔍

[Il Chi @Il3Chi]

Evening check-in: the XRP Ledger’s proposed native lending system is still at 22 of 35 validator votes. Needs 29 held for two weeks before it can activate. The vault amendment that feeds it is one ahead at 23. CoinDesk and the public amendment trackers both show the count as of today. Still a few more yeses required. �� #XRP

[Il Chi @Il3Chi]

Quiet one so far this morning. Ripple confirmed Marc Asch will step down as head of Ripple Prime at the end of the year, with Noel Kimmel stepping up to lead the business. That's the former Hidden Road unit Ripple bought for $1.25B last year. CoinDesk had the spokesperson note. No new product changes announced with it, just the handoff. #Ripple 🏦

[Il Chi @Il3Chi]

The XRP Ledger Foundation’s 2027 roadmap lays out plans for quantum-resistant accounts. Users could add NIST’s ML-DSA-44 keys and disable the old ones without extra base fees. Migration study is set for the first half of next year, and Ripple’s targeting full readiness by 2028. #XRP 🔐

[Il Chi @Il3Chi]

XRPL’s Testnet and Devnet get a full reset on November 25. Every account, AMM, and bit of test data gets wiped so they can stabilize the full-history servers after one crashed. Mainnet keeps running as normal—just a note if you’re working on the test networks. 📅 #XRP

[Il Chi @Il3Chi]

XRPL’s Testnet and Devnet get a reset on Nov 25 after a full-history server crashed. All test accounts, tokens, and AMMs get cleared so they can stabilize the infrastructure. Mainnet stays completely untouched. Anyone developing there will need to pull new test XRP and rebuild their setups. 📅🌙 #XRPL

[Il Chi @Il3Chi]

Pretty quiet on the XRP side today, but if you're building on the ledger this one's worth noting. XRPL Testnet and Devnet get a full reset on November 25. The whole on-chain state gets wiped so they can stabilize the full-history setup after a server crash. Mainnet stays completely unaffected. Devs will have to re-fund accounts and rebuild test setups from scratch. Details from the XRPL ops blog. 🌙 #XRP

[Il Chi @Il3Chi]

Quiet morning on the XRP side so far. One confirmed note from overnight data: RLUSD’s circulating supply is sitting around $2.67 billion this morning, with roughly $864 million of that on the XRP Ledger and the larger share still on Ethereum. The stablecoin’s kept adding while much of the broader market stayed flat. 🪙 #RLUSD

[Il Chi @Il3Chi]

Evernorth’s latest look at the XRP Ledger shows 92% of the $1.65 billion in RLUSD swapped on the native DEX this year traded against XRP. Stablecoin and fiat-backed pairs jumped to 86% of XRP volume on there, from just 10.5% in 2024. The dollar’s moving through XRP on the ledger, not around it. 🪙 #Evernorth

[Il Chi @Il3Chi]

Can anyone explain me this??? This is an actual Screenshot.

[Il Chi @Il3Chi]

Quiet start to the week so far. One confirmed note from overnight: the OCC lists October 26 as the effective date for Ripple National Trust Bank. Standard Custody still issues RLUSD, and BNY remains its primary reserve custodian. Adds the federal layer without changing who issues the token. 🏦 #RLUSD

[Il Chi @Il3Chi]

Quiet Sunday, but Evernorth's XRPL numbers are worth a look. Of the $1.65B in RLUSD swapped on the native DEX this year, 92% traded against XRP. Stablecoins and fiat-backed tokens now make up 86% of XRP trading volume on the ledger so far in 2026 — up from 10.5% in 2024. Their point is the dollar side is deepening liquidity with XRP rather than draining it. Tokenized value on XRPL also crossed $5B recently. 🌙 #Evernorth

[Il Chi @Il3Chi]

Spot XRP ETFs just sat still for a full week. Sosovalue data shows zero net flows from Nov 3 to Nov 6 after a small $530k outflow on the 2nd. Assets are holding around $1.34B. No rush out, no flood of new cash either, just steady while other crypto ETFs saw bigger moves. 🏦 #XRP

[Il Chi @Il3Chi]

Quiet Saturday overall, but XRPL developers put together an experimental build for native perpetual futures on the ledger. It includes 10 new transaction types for margin accounts, order matching, funding payments and liquidations, with RLUSD as a potential collateral option. Roughly 15,000 lines of code in a research branch from a Nov 4 study — not live and not up for validator votes yet. Coinpaper had the details today. #XRPL 🌙

[Il Chi @Il3Chi]

Quiet stretch on the XRPL side overnight. The solid note from earlier this week is that the ledger activated fixCleanup3_4_0 on Nov 4 at 14:52 UTC (ledger 108,112,129). It closes the loophole where a delegate with only PaymentBurn permission could mint issued tokens in some cases. Native XRP was unaffected and no public exploit was confirmed. Issuers (think RLUSD and other trust-line tokens) can now safely delegate burns. The lending amendments are still short of the votes they need. 🔍 #XRPL

[Il Chi @Il3Chi]

Quiet evening on the XRP side. The Nasdaq-listed treasury Evernorth (XRPN) has slipped nearly 47% from its October high to around $10, and a filing registered 73.7 million shares for possible resale by holders that include Ripple Labs. No sales confirmed yet, lockups for some run into next year. 📉 #Evernorth

[Il Chi @Il3Chi]

Evernorth's XRPN shares just closed at a fresh record low. The Nasdaq-listed XRP treasury company finished yesterday at $10.05, nearly 47% under its $19.39 high from the October debut. A filing also registers 73.7 million shares that holders could resell, which sits on top of the already thin float. BeInCrypto has the write-up. 🏦📉 #Evernorth

[Il Chi @Il3Chi]

Last night the XRP Ledger flipped on fixCleanup3_4_0 at ledger 108,112,129. Validators kept the vote above the line for two straight weeks after the October reset, and the cleanup package is now live. It plugs a hole in permissioned delegation that could have allowed minting of issued tokens under specific conditions. Nothing public shows it was used, and native XRP was unaffected. 🌙 #XRP