Echelon Prime PricePRIME

RT @wiredreviews: Amazon Prime Day is coming up. What time do sales start and end? How do you tell whether a deal is actually a deal? WIRED…

TRUMP TO WSJ: SPOKE WITH ISRAELI PRIME MINISTER BENJAMIN NETANYAHU ON THURSDAY AND PLANS TO SPEAK WITH HIM AGAIN FRIDAY

XRP is stealing the spotlight! The Flare Network team reveals Wall Street, major businesses, and institutions are closely watching Ripple’s token as it powers real-world asset (RWA) tokenization and DeFi innovation. With XRP at $2.23 and partnerships booming, is this the dawn of a massive rally? Dive into the hype as of June 13, 2025! Flare Team’s Bombshell: XRP’s Institutional Appeal Soars The Flare Network team dropped a game-changer on June 11, 2025, via X, stating, “Wall Street, institutions, national businesses are all watching XRP” (FlareNetworks). This bold claim, backed by The Crypto Basic, highlights XRP’s growing role in tokenized assets and DeFi, fueled by Flare’s innovative protocols and Ripple’s XRP Ledger (XRPL). With XRP trading at $2.23, up 316% year-over-year, per CoinMarketCap, and major players like Guggenheim and VivoPower jumping in, institutional interest is hitting fever pitch. Let’s unpack why XRP is the talk of Wall Street! XRP’s Institutional Magnet: Tokenization and DeFi XRP’s appeal stems from XRPL’s speed, low costs, and compliance features, making it a prime choice for institutional adoption. The Flare Network, a layer-1 blockchain enhancing XRP’s DeFi capabilities, is central to this surge. Flare’s FAssets system allows XRP to participate in smart contract-based DeFi while retaining its security, per CryptoSlate. Recent developments include: Guggenheim’s Move: On June 10, 2025, Guggenheim Treasury Services tokenized $280M in commercial paper on XRPL, backed by U.S. Treasurys, signaling Wall Street’s embrace of XRP for RWAs, per Cointelegraph. VivoPower’s $100M Bet: Nasdaq-listed VivoPower committed $100M in XRP to Flare’s DeFi protocols, like Firelight, for yield generation, pioneering the “XRPFi” standard, per Bitcoin News. World Economic Forum Nod: A WEF report notes XRPL supports $1B in private equity tokenization, with RWAs projected to hit $19–30T by 2033, per The Crypto Basic. X posts, like FlareNetworks’ “Institutional XRP hits DeFi #XRPFi,” highlight Flare’s role in unlocking XRP’s potential. Flare’s Role: Supercharging XRP with DeFi Flare Network is transforming XRP into a DeFi powerhouse. Its FAssets system bridges non-smart contract assets like XRP to programmable DeFi environments, enabling yield generation through staking and lending, per FXStreet. Flare’s Firelight protocol, partnered with VivoPower, offers “institutional-grade” yield, with proceeds reinvested into XRP treasuries for compounding growth, per CryptoSlate. Key Flare Developments: Uphold Partnership: On May 31, 2025, Uphold and Flare launched an XRP staking product, allowing holders to earn liquid staked tokens (LSTs) via Firelight, per CryptoTimes. BitGo Support: BitGo added custody for Flare and Songbird, enhancing institutional access to XRP-related DeFi, per Bitcoin News. FlareDrop.28: Flare’s airdrop for WFLR holders boosts ecosystem engagement, per FXStreet. Flare’s co-founder Hugo Philion emphasized low-risk XRP staking at XRPL Apex on June 10, 2025, fueling speculation of broader adoption, per FlareNetworks. XRP’s Market Momentum: ETF Hopes and Technicals XRP’s price is consolidating at $2.19–$2.32, with a 0.5 Fibonacci retracement level signaling accumulation, per CryptoNews. A bullish 6-month pennant breakout suggests a potential 87% surge to $4.38 by year-end, with long-term targets of $100 if XRPL dominates RWAs, per The Motley Fool. ETF speculation adds fuel, with Bloomberg giving XRP an 85% approval chance by October 2025, potentially drawing $4–8B in inflows, per FXStreet. Market Drivers: RLUSD Stablecoin: Ripple’s RLUSD, live on XRPL and Ethereum, enhances liquidity for institutional payments, per Cointelegraph. Corporate Treasuries: Firms like Trident ($500M) and Webus ($300M) are building XRP reserves, per The Crypto Basic. Technical Strength: A 316% yearly gain and support at $2.19 signal resilience, though a drop below $2.07 could test $1.06, per FXEmpire. Challenges: Regulatory and Adoption Hurdles Despite the bullish outlook, risks persist. Forbes notes XRPL’s low $583K in 2023 fees and $24B in escrowed XRP as potential overhangs. Limited adoption of XRP as a bridge currency, with only 100+ institutions using Ripple Payments, tempers expectations, per The Motley Fool. Regulatory scrutiny, despite Ripple’s legal wins, and competition from SWIFT’s blockchain solutions could slow progress, per CryptoTimes. Conclusion: XRP’s Institutional Breakout Moment? As of June 13, 2025, the Flare Network’s claim that Wall Street and institutions are watching XRP is backed by blockbuster moves: Guggenheim’s $280M tokenization, VivoPower’s $100M treasury, and Trident’s $500M plan. With Flare’s DeFi innovations, RLUSD’s launch, and ETF hopes, XRP’s $2.23 price could surge to $4.38 or beyond by year-end. Risks like low fees and regulatory uncertainty loom, but the institutional wave is undeniable. Will XRP redefine global finance? Join the XRP Army on X and watch the $2.60 resistance this could be huge!  Disclaimer This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk and volatility. Always conduct your own research (DYOR) and consult a professional financial advisor before making any investment decisions.

QATAR'S PRIME MINISTER: ISRAEL'S 'ABSURD ACTIONS' CONTINUE TO DESTROY THE PROSPECTS FOR PEACE AND PUT OUR PEOPLE AND GLOBAL SECURITY IN IMMINENT DANGER ISRAEL'S ABSURD ACTIONS CONTINUE TO DESTROY THE PROSPECTS FOR PEACE AND PUT OUR PEOPLE AND GLOBAL SECURITY IN IMMINENT DANGER

Israel PM’s office says country ready for possible full-scale war with Iran Israel is prepared for the potential outbreak of a full-scale war with Iran, Prime Minister Benjamin Netanyahu’s office told Russian news agency TASS, according to @DeItaone on X.