XRP news: 7 to 8 November 2026
2 stories from the XRP world, 7 to 8 November 2026, each in a few sentences. Published 8 November 2026.
7 November 2026
Leveraged XRP traders lose over $30 million in five days
Traders betting on a higher XRP price lost more than $30 million in forced closures over five days, according to CoinGlass data. On Friday alone long positions made up $16.01 million of $16.75 million in liquidations, and more than 3,600 traders on Binance lost their whole deposit. XRP stood at about $1.18 by the weekend after falling 6.41%.
Borrowed bets on XRP can wipe out a whole deposit in a fast drop, while coins held outright are not sold off.
Source: U.Today
7 November 2026
XRP Ledger developers build a test version of native perpetual futures
Developers at the XRP Ledger Foundation have built an experimental version of perpetual futures trading inside the ledger itself, with RLUSD as collateral. The proposed PerpetualFutures amendment adds 10 transaction types and covers margin accounts, order matching, funding payments and liquidations in about 15,070 lines of code. It is a development branch, not an approved upgrade, and the foundation puts review, audits and integration at $331,000 to $387,000.
If validators ever approve it, XRP holders could trade futures on the ledger itself instead of on outside exchanges.
Source: Coinpaper
We write these summaries ourselves and do not give investment advice. Prices and plans change, so check the latest before you act on anything here.