RLUSD is continuing to expand in usage and market capitalization, reaching $1.6 billion on CG. The token’s growth comes alongside Ripple’s push to broaden availability in key markets.

Ripple has launched its U.S. dollar-pegged stablecoin RLUSD in Japan, expanding its footprint in Asia. After approval from Japan’s Financial Services Agency (JFSA), RLUSD is available to institutional and retail users on SBI VC Trade’s VCTRADE platform. The rollout follows a strategic partnership Ripple and SBI Group announced in August 2025.

XRP fell 2.8% to about $1.07 after a muted rebound failed to regain the $1.0850 level. Traders are focusing on $1.05 to $1.07 as the key support band. A drop below that area could shift attention back to the psychological $1 mark.

Whales pulled more than $23 million worth of HYPE off exchanges as the token held the key $60 support area. A newly created wallet withdrew 278,827 HYPE valued at about $17.45 million from Coinbase Prime, according to Lookonchain. Another wallet, 0x2386, removed 96,930 HYPE worth roughly $6.01 million from BitGo after a month-long pause.

Venice Token (VVV) slid 11% even as trading volume rose, signaling heavier activity during the selloff. Sellers kept control and price moved closer to a support area that has previously drawn buyers. The added liquidity appeared to help some traders exit positions rather than generate sustained demand.

On-chain indicators diverged from UNI’s bearish spot-price trend. The data pointed to a change in the composition of holders.

CoinGecko analyzed more than 18.67 million tokens launched on Solana-based Pump.fun since January 2024 and found that nearly 69% made their final trade on the same day they debuted. Around 12.8 million tokens failed to remain active beyond one calendar day, while only 850,000 (4.55%) traded for more than 90 days.

Baton Corporation, the UK-registered company behind Solana memecoin launchpad Pump.fun, posted a Chief Legal Officer job opening on June 24 with a salary range of $1 million to $5 million a year. Co-founder Alon Cohen promoted the role, saying the hire would take ownership of the company’s regulatory and litigation posture. Baton is defending a consolidated class action in the Southern District of New York and a separate RICO claim that could expand its legal and financial exposure.