MakerLive Feed

Vincent Scott, a well-known voice in the XRP community, urged patience while restating a big claim: he called XRP and the XRP Ledger humanity’s “best chance” to change how money moves around the globe. His message, shared on X, mixed optimism about Ripple’s corporate moves with a warning that legal clarity must come first. License Moves And Market Positioning According to Scott, Ripple’s licensing work, recent acquisitions and new partnerships show the company is lining up for much bigger demand for XRP. He argued the token’s real value is practical — it can act as gas for transactions or as a bridge currency to move value between different systems. XRP/XRPL is the best chance we got We see Ripple the company making all the moves to drive demand and solidify themselves with licensing, acquisitions, and relationships We know the laws are the goalpost We understand the concept of it: that XRP is backed by its use to… — VincentScott (@VincentSco72192) October 26, 2025 Economic And Political Impact Scott believes these changes could cut fraud, increase competition among banks and other payment providers, and speed up settlements. He also suggested that if countries needed smaller foreign reserves because payments were easier and cheaper, that would shift long-held financial balances. That kind of shift could face strong pushback. Scott noted a decentralized payment and reserve setup “ruins the existing power structure,” meaning political resistance is likely. Community Voices Split The post prompted a range of reactions from within the XRP crowd. Nenad Stojkovic said Ripple stands out because of its infrastructure and regulatory steps, calling it a rare “serious financial company” in crypto — a view Scott agreed with. One user, SonOfRichard, argued Ripple’s new product Ripple Prime might lift XRP even without new laws, since it’s already compliant with some rules. Scott pushed back, replying that real progress still needs clear laws. Other voices were critical; Tommy Raz questioned the company’s top leaders. He spoke in their favor, saying their actions match the stated mission and that some online comments, especially from Ripple’s CTO David Schwartz, get misunderstood. I find the #XRP vs ETH debate, and who will outperform fascinating. Certainly Ethereum will fairly soon explode, however, I am coming back to this XRP/ETH chart. Take a look where the bounce occurred and what happened when XRP bounced from that support (twice) in 2017. Also, the… pic.twitter.com/8MlLWi2cjy — CryptoBull (@CryptoBull2020) October 28, 2025 Market Snapshot And Analyst View Meanwhile, a separate market watcher, CryptoBull, said Ethereum is set to surge soon but predicted XRP would outperform ETH in the near term. Based on market moves, ETH recovered 9% to over $4,200 on Oct. 27 while XRP climbed 10% to $2.68 in the same stretch. Both later fell from those highs. ETH remains only up 1.4% from its Oct. 22 lows. XRP, by contrast, has kept a 6% gain and sits above the key $2.5 mark. According to Scott, no major shift will happen until regulators and lawmakers finish their work. He pointed to comments from Rep. French Hill, chair of the House Financial Services Committee, who said Congress could pass the CLARITY Act by the end of the year if the Senate moves. Featured image from Unsplash, chart from TradingView

This week, crypto market intelligence platform Messari released its Q3 State of XRP Ledger (XRPL) report, revealing a maturing network that continues to draw institutional attention. The data points to stronger engagement, increased transaction volumes, and a growing number of new addresses, signaling that the Ledger is evolving from a retail-heavy blockchain into one increasingly driven by enterprise-adoption and Real-World Asset (RWA) tokenization. Institutional Activity Reflected In XRP Ledger Network Growth Messari’s report highlights clear signs of institutional movement within the XRPL network during Q3 2025. Average daily transactions rose 8.9% Quarter-Over-Quarter (QoQ), from $1.6 million to $1.8 million. Likewise, the average daily active sender addresses increased by 15.4% from 21,900 to 23,300, while total new addresses rose by 46.3% to 447,200. Overall, the Ledger closed the quarter with 6.9 million total addresses, up 6.1% from the previous quarter, according to Messari’s metric chart. Notably, for the fifth consecutive quarter, Messari notes that the number of active receiver addresses on the Ledger continued to surpass the number of active sender addresses. In Q3 2025, average daily receivers declined 30.01% QoQ, falling from 72,000 to 50,300, while average daily senders rose 15.4% from 21,900 to 25,300. Despite the drop in receiver activity, data shows that total network throughput strengthened, with average daily transactions climbing 8.9% QoQ to $1.8 million. This reflects a more concentrated and higher-value transaction flow, typically linked to custodians and CEXs, which use destination tags to manage deposits for institutions and large groups of users. Messari also reported that “Payment” transactions on XRPL remained dominant, representing 55.7% of total network activity, while “OfferCreate” transactions, which submit orders to exchanges, increased to 33.2%. This marks the seventh consecutive quarter that Payments have led transaction types. Data shows that payment volume rose 1% QoQ to 986,600 after a previous decline, while OfferCreate activity showed growing liquidity operations among institutional market makers. OracleSet, used to create or update on-chain price oracles, also rose to 0.7% of all transactions, underscoring the Ledger’s growing integration with asset pricing and financial data feeds since their activation in late 2024. Infrastructure Upgrades And ETFs Signal XRPL Institutional Adoption The second half of Messari’s report highlights structural developments in the XRPL ecosystem aimed at facilitating institutional adoption. Data reveals that the Ledger introduces Multi-Purpose Tokens (MPTs) that embed metadata for RWA parameters. It also implemented confidential MPTs secured by Zero-Knowledge Proofs (ZKPs) and advanced credential systems supporting KYC and AML compliance. Together, these upgrades address the network’s identity, financial, compliance, and privacy requirements, laying the foundation for widespread institutional adoption. Messari further reported that Institutional sentiment is further supported by the pending approval of seven US Spot XRP ETF applications. Notably, the US Securities and Exchange Commission (SEC) is expected to issue its decision between October 18 and November 14. Polymarket currently assigns a 99% probability that a US XRP ETF will be approved in 2025.

According to crypto reporter Eleanor Terret and market expert MartyParty on social media platform X, the Senate Committee on Agriculture is nearing the release of its much-anticipated bipartisan draft related to the commodities aspect of the crypto market structure bill. Bipartisan Backing And Upcoming Crypto Bill Rollout Terret mentioned that some insiders suggest the committee might move forward as early as tomorrow, while others believe final adjustments could delay the rollout until next week. Regardless of the exact timing, this imminent announcement, coupled with the resumption of bipartisan negotiations within the Senate Banking Committee, indicates that progress is being made after a period of inactivity. MartyParty echoed these sentiments, stating that multiple sources are pointing to a potential release on October 31, 2025. This development is seen as a significant step forward after weeks of silence, aligning with renewed bipartisan discussions following recent industry roundtables. The Senate Agriculture Committee’s focus on the Commodity Futures Trading Commission (CFTC) is essential for this legislation. If the anticipated bill passes, it could lead to the classification of “digital commodities” and expand CFTC oversight over spot markets and derivatives. Additionally, it aims to introduce anti-manipulation measures and establish safeguards for decentralized finance (DeFi), stablecoins, and illicit finance, all while fostering innovation in the sector. Coinbase CEO Highlights Productive Talks In a recent CNBC interview, Coinbase CEO Brian Armstrong highlighted the productive nature of meetings with both Democratic and Republican lawmakers, expressing optimism about the level of cooperation. He stated, “We had great meetings with Democrats and Republicans today. There’s strong bipartisan support to get this market legislation done. It’s important for America and for the 15 million Americans involved in crypto.” Featured image from DALL-E, chart from TradingView.com

Crypto market maker and trading platform Jump Crypto has swapped about $205 million in Solana for Bitcoin, onchain data shows. Jump Crypto, a key player in the digital assets industry, executed the transfer on October 30, 2025, with data shared…

With the end of October approaching, Senate Republicans are in danger of going back on their previously announced deadline for a significant cryptocurrency bill.

With the end of October approaching, Senate Republicans are in danger of going back on their previously announced deadline for a significant cryptocurrency bill.

LINE price keeps dumping despite major institutional catalysts from its maker ConsenSys and SharpLink. Is bottom in yet? Linea (LINEA), ConsenSys’ zkEVM Layer-2 network, has been in the spotlight this week following major institutional developments. Earlier this week, SharpLink announced…

Consensys, the Ethereum software firm behind MetaMask, has reportedly hired JPMorgan and Goldman Sachs to prepare for a potential IPO

Animoca Brands, one of Asia's top web3 game development and investment firms, has acquired an undisclosed amount of Base-based decentralized exchange (DEX) Aerodrome’s AERO token. The price of AERO surged over 10% on the news yesterday.In an X thread on Oct. 28, Animoca Brands said it had bought AERO at market prices and “max-locked as veAERO,” a mechanism that allows token holders to lock their AERO for a set period in exchange for voting power and long-term staking rewards.The firm added that the decision reflected Aerodrome’s emergence as a “key component in the engine” driving DeFi growth on Coinbase’s Ethereum Layer 2, Base. Aerodrome is an automated market maker (AMM) on Base, and currently holds the spot as the largest DEX on the network by trading volume, though just marginally beating Uniswap on the daily and weekly timeframes. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

The US Federal Reserve has moved to cut interest rates by a quarter of a percentage point (or 25 basis points) today in a bid to steady an apparently weakening labor market. The cut is a second in a roll and comes amid a month-long government shutdown. At the time of this writing, Bitcoin’s price trades at around $111,400, down over 3% over the past 24 hours. Source: TradingView Liquidations in the derivatives markets remain somewhat elevated at around $560 million for the day, while the total cryptocurrency market capitalization stands at $3.86 trillion according to data from CoinGecko. The move was largely anticipated and likely priced in as traders on prediction markets such as Polymarket weighed odds heavily in its favor for weeks. In addition to cutting rates, Powell said that the Fed will be ending the reduction of its asset purchases on December 1st. This is what’s commonly referred to as quantitative tightening. That said, policymakers remain challenged by the lack of economic data as the shutdown of the US government has essentially halted the collection of important reports on inflation and employment. The post US Federal Reserve Cuts Rates by 25 Basis Points, Bitcoin Price Reacts appeared first on CryptoPotato.

Despite the high-profile meeting between US President Donald Trump and Japanese Prime Minister Sanae Takaichi, the crypto market showed no visible reaction, according to CryptoQuant’s latest analysis. The announcement of extensive bilateral commitments, including multibillion-dollar US investments and strategic cooperation pledges, failed to move Bitcoin’s price, which is currently trading above $113,000. Meanwhile, Japan’s Nikkei 225 index surged to a record high above 50,000 points, driven by the yen’s depreciation and strong export-driven momentum. Japan’s Crypto Void Deepens CryptoQuant’s data over the past 12 months shows a weak correlation coefficient of approximately 0.2 to 0.4 between Bitcoin and the Nikkei 225. While US equities and macroeconomic developments often exert significant influence on crypto sentiment, the same cannot be said for Japan’s political and financial shifts, which appear to have little impact on Bitcoin’s performance. The report attributes this disconnect to Japan’s limited role in global Bitcoin ownership and market participation. Japanese and regional holders represent only a small fraction of the total global Bitcoin supply. This is vastly different from the US, where investors and international institutions dominate ownership and accumulation trends. Such a pattern indicates Japan’s marginal position in crypto geopolitics. The analysis also notes that Japanese policymakers have yet to prioritize Bitcoin or digital assets as a key component of national economic or technological strategy. Unlike the United States, where exchange-traded funds (ETFs), regulatory developments, and institutional engagement shape market behavior, Japan’s influence remains minimal. “If Japan seeks to reclaim relevance in global finance – whether in crypto, AI, or green tech – it must undertake deep structural reform. Until then, even historic summits won’t move the needle in crypto.” Beyond the Political Stage Japan’s corporate sector appears increasingly willing to fill part of that gap. For instance, Tokyo-listed Metaplanet has become a major example after adopting a Bitcoin-first treasury approach in 2024 to hedge against the yen’s persistent weakness and sluggish domestic conditions. The company now holds 30,823 BTC and ranks as the fourth-largest corporate Bitcoin treasury worldwide and the largest in Asia. Earlier this year, South Korean-Japanese game publisher Nexon also expanded its holdings with the purchase of 1,717 BTC. In July, Japanese AI firm Quantum Solutions announced plans to build a Bitcoin reserve of up to 3,000 BTC over the next year, while long-standing textile company Kitabo revealed it would accumulate Bitcoin through a dollar-cost averaging strategy. The post Even Trump’s Visit to Tokyo Couldn’t Move Bitcoin – Here’s Why Japan’s Crypto Influence Is Fading appeared first on CryptoPotato.

A relatively new exchange, HumidiFi, has risen to the top of the Solana decentralized exchange (DEX) volume leaderboards, flipping legacy Solana DEXs such as Raydium, Meteora, and PumpSwap.HumidiFi is a proprietary automated market maker (AMM) that launched in June. Over the last month, HumidiFi has processed $34 billion in DEX volume compared to Meteora’s $31.5 billion and Raydium’s $21.4 billion.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io