XRP ONLINE / FOUNDER & EDITOR
Harley Chang
Harley Chang is the Founder & Editor of XRP Online. He writes about XRP, the XRP Ledger, digital assets, financial markets and the economic questions surrounding crypto adoption.
His approach is based on evidence before excitement, separating verified facts from speculation and distinguishing Ripple, XRP and the XRP Ledger rather than treating them as interchangeable.
LATEST ARTICLES
Latest from Harley Chang
Recent analysis and explainers from XRP Online's editorial library.
GuideXRP Ledger
XRP Account Reserves: Why Some XRP Cannot Be Sent
XRPL accounts maintain XRP reserves for the account itself and certain ledger objects. This protects shared network resources, but it can make a wallet's total balance differ from the amount available to send.
AnalysisMarkets
What Could the Japanese Yen Carry Trade Unwind Mean for XRP?
Japan's higher interest rates are making yen-funded carry trades less comfortable. An unwind could hit XRP with other risk assets first; any later benefit would depend on real payment and liquidity demand, not the existence of FX volatility alone.
AnalysisXRP Ledger
XRPL's 2.8 Billion AMM Volume Spike: Why the Number Misleads
Two token-to-token pools produced 97% of one provider's seven-day XRPL AMM volume with only 185 pool-level trades. The data are real ledger activity, but the reported units have no common economic value and do not establish billions of dollars of demand.
GuideXRP Ledger
XRPL Batch V1.1 Explained: What Atomic Transactions Change
Batch V1.1 can group up to eight XRPL transactions and coordinate how they succeed or fail. The feature could reduce partial-settlement risk, but it does not replace legal delivery-versus-payment arrangements or guarantee that an asset is genuine.
AnalysisXRP Ledger
XRPL Confidential Transfers: What They Hide—and What They Do Not
XRPL's proposed ConfidentialTransfer amendment is designed to shield Multi-Purpose Token balances and transfer amounts while preserving access for issuers and designated auditors. It is not private XRP, anonymous banking or a way to hide every part of a transaction.
AnalysisRegulation
SEC Regulation Crypto Assets: What the Proposal Means for XRP
The SEC's proposed Regulation Crypto Assets would create offering exemptions and a conditional safe harbour for certain crypto investment contracts. It does not declare every token a security, reverse the Ripple judgment or guarantee new XRP demand.