Major cryptocurrencies struggled with resistance levels across the board as NEAR Protocol, XRP, Shiba Inu (SHIB), and Bitcoin (BTC) each faced significant technical barriers amid ongoing uptrends. Despite recent pullbacks, analysts pointed to underlying bullish signals that could support further gains if key price thresholds are reclaimed.
NEAR Protocol stalls below $5.60 resistanceNEAR Protocol, the smart contract platform designed for scalable decentralized applications, traded close to $4.79 after a correction from its September peak. The token surged from $1.60 in late August to nearly $5.60 in just over a month before encountering stiff resistance at the $5.60 mark. NEAR has now failed to close above this level in three consecutive attempts, establishing it as a major barrier for further upside.
Recent price action saw NEAR drop sharply to $4.44 on heavy trading volume, but buyers responded by lifting the price back above the 20-day average, which now sits near $4.35. Technical indicators suggest the uptrend remains intact, with the 50-day and 200-day averages at $3.67 and $2.45, respectively, both trending upward. The relative strength index (RSI) cooled off to the mid-50s following an overbought phase, indicating that the market has room for another surge if momentum returns.
For now, the main focus rests on the $5.00 psychological threshold. A daily close above that level could bring $5.60 back within reach, while support at $4.35 is critical to avoid a drop toward $3.80 or even the $3.60 area. Until $5.00 is reclaimed, NEAR is likely to trade sideways between support and resistance.
TokenCurrent PriceMain ResistanceKey SupportNEAR$4.79$5.60$4.35XRP$1.38$1.40–$1.46$1.33SHIB$0.00000536$0.00000565$0.00000529BTC$82,949$87,000$80,000Mini dictionary: NEAR Protocol, a layer-1 blockchain focusing on scalability and usability for decentralized application development, uses sharding technology to increase throughput and keep transaction fees low.
XRP consolidates at 200-day moving averageXRP, the digital asset tied to cross-border payments provider Ripple Labs, hovered near $1.38 after slipping from the $1.50 region. The token is trading directly atop its 200-day moving average—highlighted as the chart’s most crucial level. Price action recently sliced through both the 20-day and 50-day moving averages, with demand surfacing near the 100-day average at $1.335.
Earlier momentum in September pushed XRP as high as $1.65 following a break above a descending trend line, but it failed to sustain values above $1.55, giving up most of those gains. The RSI has shifted lower to around 42, reflecting market hesitation. While neither buyers nor sellers are showing strong conviction, resistance has now gathered above $1.40, clustered between several moving averages. XRP must achieve a daily close above $1.46 for bullish momentum to resume, while sustained closes below $1.25 could shift the trend to bearish.
XRP’s $1.33 to $1.40 range now acts as the critical battleground for bulls and bears, with the direction of the next major move hinging on whether price can reclaim resistance or breaks key support.
SHIB and BTC face key support testsShiba Inu’s SHIB token retreated to $0.00000536 after sellers drove the price under its 200-day moving average at $0.00000565. A sharp drop halted at the 100-day average near $0.00000529, with buyers showing interest at that level. The token remains locked between support at $0.00000510 and resistance at $0.00000565, with higher volume on the sell-off suggesting sellers retain the upper hand for now. A close above the 200-day line would be needed for a bullish reversal to begin.
Bitcoin was last seen near $82,949, rebounding from recent lows close to $80,300. The leading cryptocurrency found buyers at its 20-day moving average near $80,700, keeping the uptrend alive. Bitcoin’s broader uptrend remains unchallenged, with resistance at $87,000 capping earlier advances. The RSI sits around 45, showing the market is no longer overheated and may have space for another rally if resistance yields.
With all main moving averages trending higher and price well above them, the Bitcoin uptrend remains intact as long as $75,000 support holds, while a breakout above $87,000 could open the door to $90,000.
XRP Ledger patched decade-old bug that could create billions of dollars in XRP from nothing. (Unsplash)Summary
A flaw dating to 2015 could have allowed attackers to create and spend new XRP, violating the cryptocurrency’s fixed supply of 100 billion tokens.The vulnerability exploited a counting error in the XRP Ledger’s built-in exchange, allowing hundreds of accounts to receive large amounts of XRP while the buyer paid almost nothing.RippleX said it found no evidence of exploitation on public networks and fixed the flaw in the xrpld 3.4.1 software release on Sept. 25.A flaw in the XRP Ledger’s payment system could have let an attacker create large amounts of new XRP without paying for it, breaking the token’s fixed-supply rule, according to a security report published Friday.
The bug, believed to date to 2015, was found by researcher Cayden Liao and Veria AI and internally reported on Sept. 22. Engineers at RippleX, Ripple’s developer arm, reproduced the attack on a standalone server and confirmed the newly created XRP could be spent in a later transaction.
RippleX said it found no evidence the flaw was exploited on any public network.
All 100 billion XRP were created when the ledger launched in 2012, and its software is built so no more can ever be added. But the security vulnerability could have allowed an attacker to create XRP from nothing and sell it on exchanges, undercutting a supply cap that institutions using the network rely on.
The attack worked through the ledger’s built-in exchange, where accounts post offers to swap one token for another.
An attacker could have, theoretically, open hundreds of accounts, have each one offer a tiny amount of a token in exchange for an unusually large amount of XRP, then send a single payment that bought every offer at once.
The total XRP owed would be too large for the software to count correctly, so the attacker’s selling accounts would be paid in full while the buying account was charged almost nothing — leaving the attacker with XRP that hadn’t existed before.
How one payment could have printed XRP from nothing. (Shaurya Malwa/CoinDesk)The XRP Ledger runs a check after every transaction to make sure no new XRP has appeared, but that would have relied on the miscounted total and missed it. A separate limit on how much XRP a single account can receive wouldn’t have triggered either, because the attack spread the XRP across hundreds of accounts.
The researchers’ method needed only a few hundred XRP to open those accounts, most of which could be recovered, plus transaction fees.
Developers shipped the fix in xrpld 3.4.1, the ledger’s server software, on Sept. 25 without disclosing what it repaired.
The incident joins a run of long-hidden crypto security flaws surfaced with AI help since July, including the Coldcard wallet bug behind the theft of at least 1,367 BTC and the vulnerabilities that forced Core Lightning to tell bitcoin node operators to disconnect.
Read More: XRP Ledger adds new controls for banks, stablecoins and tokenized funds
ASML to Uniformly Hike Prices of Lithography Machine Components for Samsung and SK Hynix by 10%, As AI Production Expansion Boom Drives Up Equipment Costs.
According to South Korean media reports, ASML has notified Samsung Electronics and SK Hynix that it will implement a uniform 10% price increase on EUV and DUV lithography machine components for the South Korean market. The adjustment covers regularly replaced consumable parts and core components required for fault repairs, including optical systems, light sources, and precision drive units. After consultations between the procurement departments of both sides, the two memory chip giants have accepted the price hike plan, with the adjustment set to take effect in January next year. This uniform across-the-board price increase is relatively rare; ASML previously typically adjusted prices only individually for components facing rising raw material costs or tight supply of specific materials. Meanwhile, the company is in negotiations with key clients over price hikes for new equipment. According to earlier reports, equipment manufacturers including Applied Materials and Tokyo Electron have also raised product prices, and the price hike trend in the semiconductor equipment sector is spreading. AI data center investment is driving memory chip and foundry players to expand production capacity, leading to a concentrated surge in demand for equipment and components. With suppliers taking time to ramp up production, coupled with inflation and raw material cost pressures, bargaining power in the equipment supply chain is shifting toward suppliers. The report noted that TSMC had previously opposed ASML’s equipment price hikes, indicating that different clients still have varying levels of acceptance of rising costs.
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According to sources from Apple's supply chain, the tech giant is making structural adjustments to its 2026 fall new iPhone orders: it has placed an additional 30% order for the iPhone Duo, though the total volume still remains below 10 million units; it has cut orders for the iPhone 18 Pro by 10% to 15%, while increasing orders for the iPhone 18 Pro Max by 10% to 15%, leaving the total order volume for the entire iPhone 18 Pro series unchanged. An Apple supply chain source said, "This means sales are shifting toward higher-value products, which is overall positive for the performance of Apple's supply chain companies."
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According to TradingBeats monitoring, a crypto whale has added 7 new limit buy orders for HYPE at prices ranging from $64.099 to $77.93, totaling roughly $2.52 million. Combined with orders placed on October 8 that are still active, the account holds a total of 30 buy orders spanning $61.26 to $81.94, with a combined value of approximately $10.828 million. The account currently has no open positions. HYPE is trading at around $84.22 at press time, and its highest buy order price of $81.94 is roughly 2.7% lower than the current spot price; order amounts are distributed across the entire price range.
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Claude Code Projects has fully lifted its waitlist, enabling Pro and Max users who were on the waitlist to now use the service.
Beating AI Express (Insight) – Anthropic announced that all waitlisted Pro and Max tier users who applied for Claude Code Projects have now been granted testing access. The feature launched in September, initially available only to a small subset of users. While its scope has expanded, it remains in Beta testing and is not yet fully open to all paid subscribers. Claude Code Projects functions as a project management agent: users only need to submit requests, and it automatically splits tasks and assigns them to multiple concurrent Claude Code sessions. Each session independently writes code, runs tests, submits pull requests (PRs), and reports back to the manager, eliminating the need for users to assign tasks or track progress manually. These sessions share project data and memory, run on the cloud by default, and can continue operating even when the user’s computer is powered off. For tasks requiring local files or software, users can also designate execution on their own device.
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2 New Wallets Withdraw 280.75M $龙虾 ($12.21M) From Exchanges in 3 Days
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Supermicro contractor pleads guilty; $2.5 billion server order tied to smuggling case.
Beating AI Express News: Ting-Wei Sun, a former contractor of Supermicro, has pleaded guilty in a New York federal court in the U.S. He was involved in illegally diverting servers equipped with NVIDIA high-end AI chips to China, admitting to four charges: conspiracy to violate export controls, conspiracy to smuggle, conspiracy to defraud the U.S. government, and obstruction of justice. Previously, U.S. prosecutors indicted three people total. Besides Sun, the defendants include Supermicro co-founder Yih-Shyan Liaw and Ruei-Tsang Chang, general manager of the company’s Taiwan office. The U.S. Department of Justice (DOJ) disclosed earlier that between 2024 and 2025, a Southeast Asian middleman purchased approximately $2.5 billion worth of equipment from the involved U.S. server manufacturer. Prosecutors allege that at least $510 million worth of these servers were illegally diverted to China in just a few weeks in 2025. The involved servers were typically first shipped via Taiwan to Southeast Asia, then repackaged and sent to China. To evade inspections, the suspects placed thousands of non-functional dummy servers in warehouses and used hair dryers to remove labels and serial numbers. Prosecutors said Sun participated in arranging the dummy servers and made false statements during inspections by the U.S. Department of Commerce. Supermicro was not named as a defendant in the case and has cut ties with the three involved individuals. An independent investigation released by the company in August found no evidence that current executives were aware of the smuggling scheme.
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Ripple has reportedly addressed a significant software bug from 2015 that, if exploited, could have led to unauthorized minting of billions of XRP. The bug remained dormant and unexploited, and the fix was revealed in a blog post. This development is linked to the XRP Ledger, which has a fixed supply of 100 billion XRP that was established at its launch in 2012. Ripple’s recent action underscores its ongoing commitment to maintaining protocol integrity, with no changes to the current XRP supply or its fixed-supply rules governed by ledger operations and Ripple’s escrow releases.
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Market participants appear to interpret the fix as supportive of future XRP stability, which could influence the cryptocurrency’s price potential. Ripple’s move may bolster confidence among investors, especially as the XRP market navigates regulatory landscapes and competition. This development is particularly relevant to markets speculating on XRP reaching new all-time highs by the end of 2026.
Key Takeaways Ripple’s fix of the 2015 bug appears to reinforce confidence in XRP’s stability and security. Market pricing suggests that this development could positively impact the potential for XRP’s future price movements. The XRP all-time high market remains at 5.8% YES probability, suggesting limited immediate effect from the recent news. What to Watch Observers should monitor any further statements from Ripple’s leadership or associated regulatory developments that could impact market confidence. Additionally, significant announcements related to XRP’s adoption or technological advancements could provide further insights into the likelihood of XRP achieving a new all-time high by the end of 2026. Market movements in response to macroeconomic factors, such as changes in Bitcoin’s price or U.S. Federal Reserve policies, may also influence XRP’s market trajectory.
XRPL released xrpld 3.4.1 on September 25, 2026, with a fix for a payment engine overflow that could let a crafted payment mint spendable $XRP while charging the buyer only a few hundred drops plus a fee. The public vulnerability disclosure, published October 9, says RippleX reproduced the attack and found no evidence that it had been used on a public network.
The finding was reported through the XRPL bug bounty program on September 22. The initial report rated it Major. RippleX reproduced the mint on a standalone server and in its unit tests, confirmed that the new $XRP could be spent in a later payment, and raised the severity to critical.
How the payment created new $XRP The vulnerable path ran through XRPL’s built-in order book. An attacker could create a few hundred accounts and use each account to offer a tiny amount of another token for a very large amount of $XRP. A separate account could then send one payment that consumed all those offers. Each offer remained valid when considered by itself.
The payment engine calculated what the buyer owed by adding the amounts across every offer taken in one pass. That calculation used ordinary 64-bit integer addition without an overflow check. Once the sum passed the integer’s maximum, it wrapped to a small value. The engine still credited every offer owner with the full requested amount, but it charged the buyer only the wrapped total. The difference became newly created $XRP.
The disclosure explains that all accounts in the construction could belong to the same attacker. The starting cost was a few hundred $XRP for account and offer reserves, most of which would be returned after the objects were removed, plus ordinary transaction fees. The attack required hundreds of deliberately mispriced offers and a payment designed to consume them together. Normal payments and trades could not reach the overflow because the total $XRP supply sits far below the point at which the arithmetic wraps.
A ledger invariant was supposed to reject any transaction that created $XRP. It failed here because it totaled balance changes with the same type of 64-bit counter. That counter wrapped in the same way, making the transaction appear to have burned only its fee. A second check limited the balance held by one account, but distributing the minted assets across hundreds of accounts kept each balance below that threshold.
The bug had been present since the current payment engine was written in 2015. The no-new-$XRP invariant arrived two years later with the same unchecked arithmetic. The report says a normal payment never approaches the overflow boundary, which left the path dormant until a researcher built the required offers.
What changed in xrpld 3.4.1 Starting with xrpld 3.4.1, the payment engine checks for overflow while summing offer amounts. A sum that would overflow now fails cleanly, producing a normal path-dry or partial-payment result without minting anything. Developers added the same check where the engine combines results from multiple payment paths.
The invariant now uses a wider counter that cannot wrap around in the same way. The team also hardened several other places that total balances across many accounts, although the disclosure says real transactions could not currently reach those paths. For server operators, the immediate requirement is concrete: the report says all operators must run xrpld 3.4.1 or newer to remain in sync.
XRPL normally changes transaction processing through amendments. A new rule ships disabled, then activates only after more than 80 percent of trusted validators support it for two weeks. The network did not use that route for this fix. Each server applied the new payment rule as soon as its operator installed xrpld 3.4.1. The disclosure calls this the first deliberate direct transaction-processing change since the amendment system began more than ten years ago.
The team chose the direct release because publishing an inactive amendment would expose the bug while leaving it usable during the upgrade, voting, and activation periods. The exploit was cheap, required no privileged access, and could create assets that would be difficult to unwind. On release day, more than 80 percent of validators on the default Unique Node List were already running the patched version, even though the fix’s source code had not yet been published.
That rollout created a short consensus risk. Patched servers would reject an exploit transaction while older servers would accept it. If someone had attempted the exploit during the mixed-version window, unpatched servers could have fallen out of sync, or the network could have halted over the next ledger. The team judged a halt preferable to validating a transaction that created an incorrect ledger state. Normal transactions did not enter the affected path.
What operators and users can verify The disclosure says no exploitation was found on public networks. It also says the attack could not occur accidentally, since it needed hundreds of offers at prices no ordinary trader would use and one purpose-built payment. Those statements narrow the user risk, but they do not replace an operator’s version check. Any server below xrpld 3.4.1 lacks the overflow rejection and the wider invariant counter described in the fix.
The report also separates this issue from a Batch transaction wrapper vulnerability fixed in the same release. The payment overflow fix took effect immediately with the software upgrade. The Batch fix depended on the fixBatchV1_2 amendment, which activated on Mainnet on October 9. Older servers are now amendment blocked, giving operators a second reason to update.
XRPL plans to add a re-verification step to its release process. Every security finding marked fixed, whether it came from an audit, bug bounty, attackathon, or AI-assisted red team, will be retested against the release candidate. The finding will close only after that candidate passes a test reproducing the original issue. The open operational question is whether this repeatable test process finds other arithmetic paths that share assumptions with the payment engine before a crafted transaction reaches them.
10 October 2026 | 08:20 XRP Ledger has disclosed a decade-old payment flaw that could create spendable XRP, detailing why operators received an emergency patch before the public report.
Key Takeaways A payment overflow could have created spendable XRP. XRPL found no evidence the flaw was exploited. The patch shipped in xrpld 3.4.1 on September 25. Developers bypassed the normal amendment timeline to close the risk faster. A payment calculation could produce XRP from nothing XRPL’s October 9 vulnerability report describes an integer-overflow flaw in the ledger’s payment engine. Under carefully constructed conditions, a payment that consumed many order-book offers could have credited accounts with XRP that the sender had not actually paid.
Each offer in the transaction could appear valid on its own. The failure arose when the engine added the XRP amounts across all of them. Once the total exceeded the maximum size of the number used for that calculation, it could wrap around to a much smaller value instead of producing an error.
The engine would still credit the offer owners with their full XRP amounts while charging the buyer only the wrapped-around total. The difference represented newly created XRP, which could then be moved, traded or sent to an exchange like any other balance.
Why the flaw was serious
The attack did not require a large XRP balance. An attacker could have controlled the accounts placing the offers, paid account reserves and transaction fees, then spread the created XRP across those accounts.
Account keys remained unaffected The vulnerability sat in payment arithmetic rather than wallet access. Triggering it required hundreds of deliberately priced offers and a transaction designed to consume them together; an ordinary XRP payment or trade would not approach the values needed to create the overflow.
XRPL said it found no evidence of exploitation on a public network, and no private-key compromise, loss of funds or consensus failure was reported. The flaw appears to have been present since the current payment engine was written in 2015, remaining undiscovered because normal activity never reached the arithmetic limit.
The existing protection against newly created XRP also relied on the same kind of addition. It could wrap around in the same way as the payment engine, allowing the transaction to appear normal instead of flagging the unexpected increase in balances.
Why developers used an emergency deployment Developers released the overflow fix before publishing its technical details because a normal amendment timeline would have left a known exploit available for weeks. The patch shipped in xrpld version 3.4.1 on September 25, while the public disclosure followed on October 9.
XRPL usually changes transaction rules through amendments. Validators first upgrade their software, then maintain the required support for a set period before the new rule activates at the same ledger point across the network. That process avoids situations in which different servers reach different conclusions about the same transaction.
Waiting for that process would have created a difficult problem here. Because xrpld is open source, publishing the repair could have shown attackers where to look while older software still accepted the vulnerable transaction path. The team therefore made the new overflow check take effect when an individual server upgraded.
That faster approach carried a temporary compatibility risk: an unpatched server could have accepted an exploit transaction that an upgraded server rejected. Developers considered that less dangerous than allowing created XRP to enter the market. The report says more than 80% of validators on the default UNL had upgraded on the day version 3.4.1 was released.
The disclosure covered a second, separate flaw The report also detailed a validation problem in XRPL’s forthcoming Batch feature, which lets users submit several transactions as one unit. It could have caused servers running different versions of the software to disagree over a malformed Batch transaction, interrupting ledger validation or breaking applications that parse transaction data.
Issue Potential consequence How it was addressed Payment-engine overflow Spendable XRP created beyond the intended supply. Overflow checks added in xrpld 3.4.1. Batch wrapper validation Server disagreement, stalled validation or broken transaction parsers. The fixBatchV1_2 amendment, activated on October 9. The Batch flaw was caught before the feature reached mainnet. The overflow issue affected existing payment-engine code, which is why its patch could not wait for a standard activation cycle.
The report arrived while XRPL was also activating new account-control tools for businesses. The changes address different parts of the ledger, yet both depend on node operators, wallet providers and developers following the same current rules.
What users and operators need to do Regular XRP holders do not need to move funds, replace a wallet or exchange their tokens. The update concerns the software that validates transactions, not a change to account balances, wallet keys or the XRP supply held by users.
Who needs to act?
XRP holders: No action is required. Exchange users: Follow platform notices if an exchange carries out maintenance on its own XRPL infrastructure. Node operators: Upgrade to xrpld 3.4.1 or later to remain in sync with the network. Older servers are now amendment-blocked following the activation of the Batch fix, meaning they cannot continue following the current ledger rules until they update.
The fix protected XRP’s supply rules before they were tested The disclosure shows how close the ledger came to a supply-integrity failure and why validators moved quickly. The flaw was fixed before its details became public, no exploit was found, and the payment engine now uses checks designed to stop the same class of arithmetic error before it reaches a validated ledger.
This article is for informational purposes only and does not constitute investment or technical advice. Node operators should review current XRPL release documentation before updating production infrastructure.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
The XRP Ledger has disclosed a critical bug that could have let an attacker create XRP out of thin air, beyond the network’s hard limit of 100 billion tokens.
The flaw lived in xrpld versions 3.4.0 and earlier. It was patched quietly in September and made public on October 9, 2026. Investigators found no evidence it was ever used on a public network.
How the bug worked The software used a 64-bit integer to add up XRP amounts when a single payment pulled from multiple offers on the order book. If that running total grew past the largest number the integer could hold, it wrapped around. The result was a number far smaller than reality.
An attacker could exploit that gap to spend XRP that did not exist. The ledger’s books would look balanced, while the actual supply quietly ballooned. The existing safety checks did not catch it. When the inflated balances were scattered across many accounts, the system’s guardrails failed to flag the discrepancy.
The cost of pulling this off was strikingly low. According to the disclosure, the exploit required specially crafted offers from hundreds of accounts, costing only a few hundred XRP in reserves and fees. Most of that outlay would have been recoverable.
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The amount of XRP that could have been minted in a single transaction may have exceeded the token’s entire total supply.
A quiet fix, then a public disclosure The vulnerability was reported on September 22, 2026, by researcher Cayden Liao through the XRPL Bug Bounty program. RippleX, Ripple’s developer arm, confirmed the issue.
RippleX reproduced the attack on a standalone server and confirmed that the excess XRP could be spent in follow-up transactions.
Three days after the report, on September 25, 2026, an emergency release went out: xrpld 3.4.1. The fix also skipped the usual amendment process. Normally, changes to the XRP Ledger’s rules go through a validator voting procedure before taking effect. This one was deployed immediately instead.
The public disclosure came on October 9, roughly two weeks after the patch shipped. The team reported no loss of funds, no compromised keys and no consensus problems tied to the bug.
A decade in hiding The flaw is thought to have existed since the payment engine was first built, around 2015. That means the code processed payments for years with a latent overflow sitting inside it.
What this means for XRP holders and the ledger For XRP holders, the immediate takeaway is reassuring. There is no evidence the bug was exploited, and the integrity of the token supply appears intact.
The decision to bypass the amendment process deserves attention. A known path to unlimited XRP creation is not something you want waiting on a governance vote. Emergency patches that skip normal procedures put a lot of trust in the core development team, and the network’s security depended on validators and node operators upgrading quickly.
Node operators still running xrpld 3.4.0 or earlier are the most direct audience for this news. The patched version, 3.4.1, has been available since September 25, and anyone who has not upgraded is running software with a publicly documented supply-breaking flaw.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
The XRP Ledger (XRPL) disclosed two software vulnerabilities on October 9, 2026, including a critical bug that could have allowed attackers to create new, spendable XRP. The second flaw affected the network’s Batch transaction feature and could have disrupted transaction validation.
According to the official report, the payment engine bug was fixed in xrpld version 3.4.1, released on September 25. XRPL reported no evidence that the vulnerability had been exploited on any public network.
The critical vulnerability affected how the payment engine calculated the XRP required to complete trades across multiple offers in an order book. The calculation could overflow when the combined amount exceeded the maximum value supported by the system. This could cause the payment engine to charge a buyer less XRP than the amount credited to offer owners, effectively creating new XRP.
Exploiting the bug required a carefully prepared order book containing hundreds of offers with unusually high prices, followed by a specific payment transaction. The vulnerability could not be triggered through ordinary payments or trades.
A researcher reported the issue through the XRPL Bug Bounty program on September 22, 2026. The RippleX engineering team reproduced the bug and confirmed that any XRP created through the flaw could be spent.
The issue was fixed in version 3.4.1. Developers added checks to prevent the calculation from overflowing and strengthened the system’s safeguards against unauthorized XRP creation.
Second Bug Affected XRPL Batch TransactionsThe second vulnerability involved the XRP Ledger’s Batch transaction feature, which allows users to submit multiple transactions together. The flaw allowed a transaction inside a batch to use an incorrectly structured field. The server could still accept and process the transaction.
This created a risk that different versions of XRPL software could disagree on whether a transaction was valid. Such disagreements could prevent validators from reaching consensus and interrupt ledger validation.
The issue did not allow attackers to bypass transaction signatures or directly steal funds, according to the report.
XRPL addressed the flaw through the fixBatchV1_2 amendment, which requires transactions to use the correct structure. The Batch feature had not been activated on the mainnet when the vulnerability was identified, so the report did not identify any mainnet accounts or funds affected by this bug.
XRPL Activates Batch Security FixXRPL developers and validator operators withdrew support for the original Batch amendment to reset its activation timeline while the team prepared the fix.
The corrected amendment gained support and activated on the mainnet on October 9, 2026, the same day the vulnerability report was published.
The report also outlined a change to the security testing process. XRPL plans to retest reported vulnerabilities against release candidates to confirm that fixes work before software releases.
What XRP Holders Need to KnowBoth vulnerabilities have been addressed, and XRPL reported no evidence that the critical payment engine bug had been exploited on a public network. The report does not establish that either flaw caused an actual loss of funds or an increase in XRP supply. The payment engine fix is included in xrpld version 3.4.1, while the Batch issue was addressed through the fixBatchV1_2 amendment.
The report does not instruct XRP holders to move their funds or change their private keys. The software upgrade is relevant to XRPL server operators, who need compatible versions to remain synchronized with the network.
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10 October 2026 | 10:15 Evernorth has completed its public-market transaction with approximately 473 million XRP and about $300 million in gross cash proceeds before expenses. Its shares are expected to begin trading on Nasdaq under the ticker XRPN on October 12.
The scale of the reserve makes the company easy to describe. Valuing an XRPN share requires a different question: how much of Evernorth’s net XRP value, cash and future returns belongs to each shareholder after dilution and corporate costs?
Key Takeaways Evernorth completed its transaction with about 473 million XRP. XRPN gives investors a corporate claim on XRP, not direct token ownership. Cash, debt, dilution and warrants can alter each share’s exposure. Its strategy must increase value per share to justify active deployment. The treasury is only the opening position In its October 9 completion announcement, Evernorth said it held approximately 473 million XRP and had raised roughly $300 million in gross cash proceeds. The company describes itself as the largest publicly traded pure-play XRP treasury company and plans to use its capital across the XRP ecosystem.
Before the deal closed, our report on Evernorth’s shareholder vote and planned Nasdaq debut outlined how in-kind XRP contributions and new financing would build that balance sheet. With the transaction complete, the focus moves from how the reserve was assembled to what the company can produce from it.
That shift matters because a public-company share carries more than token-price exposure. It gives investors a claim on a treasury run by management, with cash reserves, operating expenses, future financing decisions and strategies that can either add to, or reduce, the value supporting each share.
Holding XRP directly
The position mainly follows XRP’s market price, alongside the investor’s own custody and trading decisions.
Holding XRPN shares
The position also depends on Evernorth’s cash, liabilities, share count, costs and capital deployment.
Investors need to calculate the claim behind each share A useful framework is net asset value per diluted share. It separates the value of Evernorth’s assets from the price the stock market is willing to pay for the company managing them.
Illustrative XRP NAV per share
(XRP holdings × XRP price + cash and other assets – debt and liabilities) ÷ fully diluted economic shares
This is an investor framework, not a NAV figure Evernorth has reported. It shows why the XRP balance alone cannot value XRPN. The numerator changes with XRP’s price and the company’s balance sheet, while the denominator changes when new shares, warrants or convertible securities become part of the economic claim.
Evernorth’s closing Form 8-K lists 22.27 million Class A shares and 32.21 million Class C shares outstanding. It also lists 11.74 million warrants, each exercisable for one Class A share at $11.50. Those securities do not automatically translate into an immediate dilution figure, but they show why the public trading float cannot be treated as the whole ownership base.
A treasury can grow while the shareholder claim weakens if the company issues equity faster than it adds net value. The reverse can also happen if Evernorth raises capital or deploys assets in a way that increases the value supporting every diluted share. That is the practical test behind management’s pledge to grow XRP per share.
Gross cash is not the same as deployable capital The $300 million announced at closing gives Evernorth additional flexibility beyond its XRP reserve, but the company described it as gross proceeds before transaction expenses. Investors will need the first financial reports to see how much cash remains after closing costs, what portion is reserved for running a public company and how much can be committed to XRP-related activity.
Those details will shape the company’s ability to pursue its strategy without relying on more share issuance. They will also help investors judge whether Evernorth is accumulating assets in a way that strengthens the balance sheet or simply adds more moving parts around the token reserve.
Putting XRP to work could create returns, and new risks Evernorth plans to pursue institutional and DeFi yield strategies, ecosystem participation and capital-markets activity. That approach could create income that a passive treasury would not earn, particularly if the company can lend, provide liquidity or finance activity in the XRP ecosystem on terms that compensate for the risk.
It also introduces risks a holder of spot XRP does not automatically take. A lending or liquidity position depends on counterparties, collateral rules and the ability to exit when market conditions change. Returns should therefore be judged after costs, losses and liquidity constraints, not by an advertised yield alone.
The broader XRP ecosystem is also still developing the infrastructure that could support some of these activities. The XRP Ledger’s work on native lending shows where new sources of on-chain credit may emerge, but a protocol proposal does not establish Evernorth’s future returns or remove the risks of deploying corporate capital.
The first reports must show what shareholders own Evernorth has supplied the opening numbers. Its quarterly disclosures should give investors the information needed to follow the strategy beyond the headline XRP reserve.
What investors should watch after XRPN begins trading
Changes in XRP holdings and custody arrangements. Cash remaining after expenses, plus debt and other obligations. Basic shares, warrants and the fully diluted ownership base. XRP kept in reserve versus XRP deployed into strategies. Counterparties, collateral and liquidity terms behind those deployments. XRPN’s market price relative to the company’s reported net assets. The 473 million XRP reserve gives Evernorth a substantial opening balance sheet. Its accounting will show whether the treasury grows faster than its costs and diluted share base, which is the measure that will determine what long-term XRPN investors actually own.
This article is for informational purposes only and does not constitute investment advice. Digital-asset treasury companies can trade at substantial premiums or discounts to their underlying holdings, while their assets, liabilities and share counts may change.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
NEAR Protocol (NEAR): Trades near $4.79, below main resistance at $5.60, with $4.35 as key support. RSI in the mid-50s leaves room for a push, but a close above $5.00 is needed first.XRP (XRP): Trades near $1.38, on top of the 200-day average. RSI near 42 and low volume point to indecision, and the $1.33 to $1.40 range decides the next move.Shiba Inu (SHIB): Trades near $0.00000536 after falling below the 200-day average. The 100-day average near $0.00000529 is key support, and SHIB likely stays between $0.00000510 and $0.00000565.Bitcoin (BTC): Trades near $82,949 after bouncing from the 20-day average. The trend remains bullish, with $87,000 as resistance and $80,000 as the first support to watch.NEAR Rally Pauses Below $5.60 ResistanceNEAR trades near $4.79 after a rough few days. The coin ran from about $1.60 in late August to nearly $5.60 in late September, a gain of more than 250%. Since then, price has failed three times to close above $5.60, which makes that level the main ceiling.
NEAR/USDT Chart by TradingViewThe latest red candle was the biggest drop of the move. NEAR fell to $4.44 on high volume, then bounced and is now green. The low touched the 20-day average, which sits near $4.35, and buyers stepped in right there, which is a good sign. A bounce from a rising average often means the trend is still alive. The 50-day average is near $3.67 and the 200-day is near $2.45.
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RSI has cooled from the overbought zone and now sits in the mid-50s. That removes some of the heat from the rally and leaves space for another push. Volume fell on today's bounce, so buyers still need to prove they are back.
The wider picture still favors bulls. Every moving average points up, and they sit in the right order. Price is far above all of them, so a pullback has lots of room before the trend breaks. A close above $5.60 would open a new high. If $4.35 breaks, expect a drop toward $3.80 and then the $3.60 area.
What happens next: The first goal is $5.00. A daily close above it would put $5.60 back in play. Until NEAR closes above $5.00, the price will likely move sideways between $4.35 and $5.60.
XRP Price Tests the 200-Day AverageXRP trades near $1.38 after falling from the $1.50 zone. The coin is now right on top of the 200-day average, the black line near $1.38. This is the most important level on the chart, and how XRP closes here will set the next move.
XRP/USDT Chart by TradingViewThe drop was sharp. A large red candle took price through the 20-day and 50-day averages. A long wick then reached $1.32 before buyers pushed price back up. That wick shows demand near the 100-day average, the orange line around $1.335. Earlier, XRP broke above a falling trend line in September and reached $1.65. That move was strong, but price could not hold above $1.55, and the coin has now given back most of those gains.
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RSI is near 42, which is weak but not oversold. Volume on the latest candles is low. That means sellers are not very aggressive, but buyers are not either.
Above price, several averages bunch up between $1.40 and $1.46, and they will act as resistance. XRP needs a daily close above $1.46 to show real strength. If XRP holds the 200-day line and closes above $1.40, a move to $1.45 and then $1.50 is likely. If the line breaks, the next support is $1.33, followed by the $1.25 area, where price bounced in mid-September. A close below $1.25 would turn the trend bearish.
For now, the $1.33 to $1.40 range decides the next move.
SHIB Sellers Push Price Below the 200-Day LineSHIB trades near $0.00000536 after a sudden sell-off. Price fell from the $0.00000600 area and dropped below the 200-day average, the black line near $0.00000565. That was the main reason for the fall. SHIB could not hold above this line, and sellers took over fast.
SHIB/USDT Chart by TradingViewThe drop stopped at the orange line, the 100-day average near $0.00000529. A long wick went down to $0.00000510, but buyers pushed price back up. Today's candle is green, which shows some demand at this level. The 100-day line is now the key support.
RSI is near 45, which is neutral and slightly weak. Volume on the bounce is low, so buyers are not very confident yet. The drop itself came with higher volume, which gives sellers the edge for now.
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Above price, there is a crowded zone. The 20-day and 50-day averages sit near $0.00000545 to $0.00000548, and the 200-day line is at $0.00000565. These levels will slow any bounce. SHIB needs a daily close above $0.00000565 to show real strength. If SHIB holds $0.00000529 and moves above $0.00000548, a test of $0.00000565 is likely. A close above that line could open the way to $0.00000600.
If $0.00000529 breaks, the next support is $0.00000500, where price bounced in mid-September. A close below $0.00000500 would put the $0.00000470 area in play.
For now, SHIB stays in a tight range between $0.00000510 and $0.00000565.
Healthy Pullback Within an UptrendBitcoin trades near $82,949 after a drop from the $87,000 area. Price fell to $80,300 and then bounced back, closing today in the green. The bounce came right at the 20-day average, the light blue line near $80,700. This is a healthy sign in an uptrend.
The 50-day average is near $79,800, the 100-day is near $75,900, and the 200-day is near $75,200. All the main averages point up, and price is well above all of them, so the trend is not in danger yet.
BTC/USDT Chart by TradingViewRSI is near 45. It cooled down from the high levels seen in August and September, which gives room for another move up without being overheated. The latest drop also came with the highest volume in weeks, so sellers are active.
The bigger picture is still bullish. Since August, BTC has climbed from $63,000 to $87,000. A close above $87,000 would open a path to new highs near $90,000.
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BTC has failed twice to hold above $87,000, and that level is now strong resistance. If $80,000 breaks, the next support is the 50-day average near $79,800, then $77,000. A close below $75,000 would break the 100-day and 200-day lines and turn the trend weak.
The first goal is $85,000. A close above it would put $87,000 back in play. Until $75,000 breaks, buyers hold control, and dips toward $80,000 look like chances to buy.
Kripto para piyasasında satış baskısı devam ederken Bitcoin (BTC), 80.000 dolar seviyesinin üzerinde tutunmaya çalışıyor. 87.000 dolardan başlayan sert geri çekilmenin ardından 82.949 dolar civarında dengelenen Bitcoin’de yatırımcıların gözü kritik destek ve direnç seviyelerine çevrildi. Özellikle 80.000 dolar desteğinin korunup korunamayacağı, kısa vadeli fiyat hareketleri açısından büyük önem taşıyor. Piyasadaki belirsizlik sürerken XRP, NEAR ve Shiba Inu da satış baskısıyla karşı karşıya kalıyor. Analistler, Bitcoin’in önümüzdeki süreçte göstereceği performansın altcoin piyasasının yönü üzerinde de etkili olabileceğini değerlendiriyor.
Bitcoin’de 80.000 Dolar Desteği Neden Önemli? Bitcoin, 87.000 dolar direncini aşamamasının ardından artan satış baskısıyla birlikte 80.300 dolara kadar geriledi. Ancak 20 günlük hareketli ortalama olan 80.700 dolar çevresinden gelen alımlar, fiyatın yeniden toparlanmasını sağladı. Bu gelişme, piyasada alıcıların henüz kontrolü tamamen kaybetmediğine işaret ediyor. Teknik analizde 80.000 dolar seviyesi kritik destek olarak öne çıkarken, bu bölgenin kaybedilmesi durumunda satış baskısının daha da derinleşebileceği değerlendiriliyor. Olası düşüş senaryosunda 79.800 dolar ilk önemli destek noktası olarak izlenirken, bu seviyenin altında 77.000 dolar bölgesi gündeme gelebilir. Bitcoin’in 80.000 dolar üzerinde kalıcılık sağlaması ise kısa vadeli toparlanma beklentilerini destekleyebilir.
Bitcoin’in yeniden yükseliş ivmesi kazanabilmesi için 85.000 dolar üzerinde günlük kapanış gerçekleştirmesi gerekiyor. Bu senaryoda 87.000 dolar direnci yeniden test edilebilir. Teknik göstergeler ise temkinli bir görünüme işaret ediyor. RSI göstergesinin 45 seviyesine gerilemesi piyasadaki aşırı alım baskısının azaldığını gösterirken, düşüş sırasında işlem hacminin yükselmesi satıcıların hâlâ aktif olduğunu ortaya koyuyor.
Analizde dikkat çeken değerlendirme şöyle:
“Bitcoin’de 87.000 dolar seviyesi iki kez aşılamadı. Buna karşılık 80.000 doların üzerinde kalındığı sürece alıcıların kontrolü tamamen kaybetmediği görülüyor.”
XRP ve NEAR İçin Kritik Fiyat Seviyeleri Bitcoin’deki sert dalgalanmalar altcoin piyasasını da doğrudan etkilerken XRP ve NEAR Protocol kritik fiyat seviyelerinde işlem görmeye devam ediyor. XRP, 1,38 dolar civarında dengelenmeye çalışırken yatırımcıların gözü 1,40 dolar direncine çevrildi. Bu seviyenin aşılması ve üzerinde kalıcı kapanışların gerçekleşmesi durumunda fiyatın önce 1,45 dolar, ardından 1,50 dolar seviyesine doğru yükseliş göstermesi mümkün olabilir. Ancak satış baskısının yeniden artması halinde 1,33 dolar desteği kritik önem taşıyor. Bu bölgenin kaybedilmesi, XRP’de düşüş riskini artırabilir.
NEAR Protocol tarafında ise 4,79 dolar seviyesi yakından takip ediliyor. Son dönemde yaşanan sert fiyat hareketlerinin ardından toparlanma sinyalleri veren NEAR için 5,00 dolar direnci kısa vadeli yön açısından belirleyici konumda bulunuyor. Fiyatın bu seviyenin üzerinde günlük kapanış gerçekleştirmesi, 5,60 dolar direncine doğru yeni bir yükseliş hareketinin önünü açabilir. Buna karşılık 5,00 doların aşılamaması durumunda fiyatın bir süre daha yatay seyretmesi ve 4,35 dolar desteğine doğru geri çekilmesi ihtimali gündemde kalıyor.
Yatırımcıları Ne Bekliyor? Genel değerlendirmede Bitcoin’in 80.000 dolar seviyesinin üzerinde kalıcılık sağlaması, kripto para piyasasının kısa vadeli yönü açısından belirleyici olacak. Özellikle 85.000 dolar direncinin aşılması, piyasadaki toparlanma beklentilerini güçlendirerek Bitcoin’in yeniden 87.000 dolar seviyesine yönelmesini sağlayabilir. Ancak 80.000 dolar desteğinin kaybedilmesi durumunda satış baskısının derinleşmesi ve fiyatın daha düşük destek bölgelerine gerilemesi ihtimali gündeme gelebilir. Öte yandan Bitcoin’deki fiyat hareketlerinin XRP, NEAR ve Shiba Inu gibi altcoinler üzerinde de etkili olması bekleniyor. Bu nedenle yatırımcıların önümüzdeki süreçte Bitcoin’in kritik destek ve direnç seviyelerini, işlem hacmini ve piyasa momentumunu yakından takip etmesi önem taşıyor.
Son dakika kripto para haberleri için hemen tıkla
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Cryptocurrency researcher SMQKE has released a detailed regulatory timeline for the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) concerning official rulemaking for digital assets. The schedule indicates that joint rulemaking will take place between late 2026 and 2027, with full implementation targeted for early 2027. This development signals an important countdown for exchanges and XRP holders as regulatory deadlines approach.
The regulatory timeline and phased implementationAccording to SMQKE’s overview, the legislative process starts with a Senate Committee Markup initially projected for March 2026, followed by a full Senate vote expected in April or May 2026. If approved, the bill would proceed to the President’s desk, with a potential signing in June 2026.
A presidential signature would initiate a Provisional Registration period. During this stage, crypto exchanges can register with the CFTC to avoid enforcement actions, positioning themselves for compliance before the regulations take full effect. Two main dates stand out on the timeline: the start of the Joint Rulemaking Period, projected for late 2026 through 2027, and the conclusion with full implementation in early 2027. At that point, a grace period of 18 months will end, requiring complete compliance from all platforms operating in the US digital asset market.
“Late 2026 to early 2027 marks a critical phase, with the SEC and CFTC finalizing joint rules on token classification and custody. The grace period concludes with full implementation, requiring all platforms to achieve full regulatory compliance.”
EventProjected DateMain ImpactSenate VoteApril–May 2026Bill advances to PresidentPresidential SigningJune 2026Exchanges begin Provisional RegistrationJoint Rulemaking PeriodLate 2026–2027Regulatory rules finalizedFull ImplementationEarly 2027Mandatory compliance for all platformsLegislative setbacks and agency actionSMQKE’s timeline assumed the smooth passage of the CLARITY Act, a significant piece of legislation aimed at clarifying regulations for digital assets. However, the bill failed a Senate cloture vote on September 15, falling short by 11 votes, with every present Democrat voting against it.
Despite the setback, regulatory authorities continued moving forward using their existing legal powers. SEC Chair Paul Atkins announced that the agency would proceed within its statutory bounds. The CFTC issued a similar statement.
Following the failed vote, the SEC introduced the Innovation Exemption on September 17, establishing a conditional five-year framework allowing tokenized stock trading under specific criteria. On the same day, the CFTC extended a no-action position for passive software providers engaged with digital assets. The SEC also issued a proposal regarding crypto custody for investment advisers at the start of October.
This policy approach emphasizes regulatory guidance and exemptions in the absence of clear statutory changes, with the agencies gradually building a framework for compliance across the sector.
Mini dictionary: SEC (Securities and Exchange Commission) and CFTC (Commodity Futures Trading Commission) are the two primary US federal agencies responsible for regulating securities and derivatives markets, respectively. Their joint rulemaking is a process where both regulators create harmonized rules for the oversight of digital assets such as cryptocurrencies.
XRP’s role in the upcoming regulatory waveXRP stands among sixteen digital assets classified as commodities following a joint SEC and CFTC interpretation finalized in March 2026. The regulatory framework emerging during the upcoming rulemaking window will directly affect how exchanges and institutional participants handle XRP, especially in terms of custody and classification requirements.
With the failure of the CLARITY Act, more responsibility now rests with regulatory agencies rather than lawmakers. The late 2026 to early 2027 period has become the focal point as agencies advance their rules using existing statutory authority.
Regulatory agencies continue to shape the digital asset landscape by issuing exemptions, proposals, and interpretations in the absence of new legislation, underscoring the importance of the upcoming joint rulemaking period for assets such as XRP.
XRP’s price has retreated to $1.39, reflecting a decline of nearly 9% from its level last week. Despite the downward move, prominent community validator Vet (@Vet_X0) highlighted that the XRP Ledger’s underlying technology is steadily advancing. In a recent post, Vet said that while XRP is “perhaps down in price, but up in tech,” underscoring the network’s progress amid price volatility.
Permission Delegation and new feature rolloutsThe XRP Ledger mainnet has just activated the Permission Delegation amendment, allowing account holders to authorize external accounts to send specific transaction types on their behalf. This change introduces fine-grained native controls for developers, enabling them to restrict what delegated accounts can execute. The amendment gained approval after exceeding 80% support among validators for two consecutive weeks.
Another significant upgrade, the Batch amendment, is scheduled for activation on October 9. Accompanied by the security fix fixBatchV1_2, Batch empowers users to combine up to eight transactions into a single atomic operation. This approach ensures that either all transactions in the group are successful or none are executed, which is expected to benefit institutional settlements and complex workflow automation.
Three additional amendments remain under consideration for network voting: Confidential Transfer, Sponsor, and Dynamic MPT. The Confidential Transfer feature would allow on-chain encryption of Multi-Party Transfer (MPT) balances and transaction amounts. Sponsor would enable third parties to handle transaction fees and reserve requirements for other users. Dynamic MPT would let token issuers modify certain properties of their tokens after issuance.
Mini dictionary: Multi-Party Transfer (MPT) allows multiple parties to jointly control and manage digital assets or balances, facilitating secure collaboration and advanced tokenization use cases on blockchains.
Potential impact on adoption and priceEach enhancement aims to improve the XRP Ledger’s appeal to financial institutions. Permission Delegation is expected to reduce operational risk in automated systems, while Batch delivers atomic, multi-step transaction capabilities. Sponsor could help lower barriers to entry for new users by removing the requirement to hold XRP, and Confidential Transfer is designed to offer privacy, a key concern for institutions interacting with public networks.
Broader network capabilities tend to drive increased activity, which in turn builds a stronger case for long-term adoption. Many observers see this adoption as a foundation for possible future price growth.
AmendmentMain FeatureStatusPermission DelegationAuthorize other accounts to send specific transactionsActivatedBatchCombine up to 8 transactions into an atomic groupScheduled for October 9Confidential TransferEncrypt balances and amounts on-chainIn votingSponsorAllow third parties to pay fees and requirementsIn votingDynamic MPTEnable issuers to alter token properties post-issuanceIn votingThe ongoing developments have sparked a range of responses in the XRP community. Some users agreed with Vet’s optimistic perspective, with one noting that the Batch feature could improve user experience and create new avenues for platform monetization. Another member pointed out the longer-term importance of technological utility as a driver for future price gains.
One contributor highlighted that advancements like Batch can allow platforms to actually charge for their services rather than depending on indirect fee sharing, potentially supporting platform sustainability alongside user experience improvements.
Others were more skeptical, suggesting that technical improvements do not offset the pain of falling portfolio values. Some critics maintained that investors support the network by holding tokens rather than developing new technologies, and questioned whether focusing on upgrades might distract from price underperformance.
Several skeptics voiced concerns that, regardless of technology, ongoing price declines remain a major issue for investors who do not directly benefit from new features or infrastructure.
The XRP Ledger’s (XRPL) Batch feature is now live on the mainnet, unlocking a new use case for institutional and retail investors. A notable feature of this amendment is that users can now execute several transactions in one, a move which XRPL validator Vet described as a big unlock.
XRP Ledger’s Batch Feature Goes Live XRPScan data shows that the Batch feature is now live on the mainnet, two weeks after the proposal passed the majority threshold. 30 validators voted in favor of the feature, while only five voted against it.
The XRP Ledger feature enables users to execute multiple transactions in one. Commenting on this development, XRPL validator Vet said, “Its a massively important functionality for the XRP Ledger to allow crucial use cases for institutions and also retail builders.”
He cited hw the use case could be key for OTC trades, DvP settlement, NFTF for NFT swaps, and trustless transaction execution dependencies. He added that the use cases’ creativity has no limits and described it as a big unlock.
The release of the XRP Ledger Batch feature on mainnet comes just as the network’s new lending protocol version opens for validator voting. The lending protocol version introduces closed-ended vaults and cash-basis accounting for XRPL lending.
Batch feature is now LIVE !!
Major props to all the engineers and validators to get this over the finish line.
Its a massively important functionality for the XRP Ledger to allow crucial use cases for institutions and also retail builders.
Think of OTC trades, DvP, NFT for NFT swap, trustless transaction execution dependencies and so much more.
The use cases creativity has no limits here.
Big unlock folks.
— Vet (@Vet_X0) October 9, 2026
The XRP price is notably in the green today amid the release of the XRP Ledger feature. The coin is trading at around $1.38, up less than 1%, according to TradingView data. However, XRP is still down over 7% over the past week.
Ripple has gained notable attention on Wall Street after a recent feature in the Wall Street Journal examined its growing presence across the cryptocurrency and finance sectors. The report quoted industry sources who pointed to Ripple’s expansion into areas such as stablecoins, digital asset custody, and swap financing, positioning the company as a significant new participant in markets traditionally dominated by established financial institutions.
Ripple’s move into prime brokerageRipple’s recent $1.25 billion acquisition of Hidden Road has placed it squarely in competition with traditional Wall Street banks. This deal enables Ripple to offer prime brokerage services and earn fees on leveraged equity trades, signaling a substantial pivot toward institutional markets. With this shift, Ripple now operates alongside global financial giants when it comes to providing asset management and broker services to large clients.
Further institutional adoption appeared when Paxos integrated support for XRP, allowing its partners to access the token through a regulated platform known in the traditional finance sector. XRP currently exists in 8.1 million wallets, with the network supporting a market capitalization of approximately $95 billion.
Institutional developments and network growthRipple Custody has introduced support for the Canton Network, providing institutions with the capability to hold and transfer Canton assets while managing other digital assets in parallel. In a related move, South Korea’s Merit Securities has partnered with Ripple as it explores blockchain-based asset tokenization for the country’s capital markets. Digital Asset Investor, a prominent industry commentator, referenced XRP’s role as a key liquidity pair on the XRP Ledger in the context of these developments.
Technical resistance and price outlookPrice action in XRP remains closely watched. Technical analysts have highlighted the $1.49 mark as the key breakout level for XRP, based on patterns observed in the market. At the time of the analysis, XRP traded at $1.39, just below this resistance point. Digital Asset Investor emphasized that the digital asset was approaching a major move and described the market as poised for rapid shifts if resistance breaks.
Technical experts maintained that overcoming resistance at $1.49 could trigger a significant upward move in XRP, with the asset hovering just below this critical level.
Tokenization and wider ecosystem activityIndustry leaders also pointed to the rising importance of real-world asset tokenization in driving demand for networks like the XRP Ledger. A director from Charles Schwab stated that tokenization supports increased demand for native tokens that underpin such ecosystems, regardless of prevailing Bitcoin trends. Matt Hougan of Bitwise described current developments as “the dawn of the institutional era,” a sentiment echoed by Digital Asset Investor, who sees XRP playing a central role.
Market observers have noted that tracking investor flows alongside traditional price analysis is now vital in the evolving digital asset landscape. In the meme token sector, a single trend can translate into millions in transaction volume within days, as illustrated by Fomo App’s data on a “Niu Lai” trade that turned $99 into roughly $370,000. Monitoring not just price but also trade timing and token selection is essential for market participants today. Fomo App aims to streamline this process by merging token discovery with trading, offering features such as social feeds, investor rankings, and real-time trade notifications for those following meme tokens and broader investor activity.
Tokenization on the XRP Ledger has resulted in strong liquidity flows, with the network currently leading in real-world asset net movements among all blockchains so far this year.
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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XRP price is at $1.40 today, which gave its daily indicator setup a neutral score of 4.7 out of 10. The token is only $0.02 above nearby support at $1.38, while the $1.50–$1.53 area is the hurdle buyers must reclaim before higher levels come into play.
That leaves little room for conviction in either direction: a close above $1.53 could bring $1.62 and potentially $1.66–$1.70 into focus, while losing $1.38 would shift attention lower. The analysis’s stance is to wait for clearer confirmation, a view consistent with the mixed signals in the XRP support and resistance setup.
The longer-term chart still has a constructive element: XRP price is trading above its 200-day EMA of $1.28. But that does not establish that buyers control the near-term trend. The 20-day EMA is at $1.46, above the $1.40 price, and the 50-day EMA is at $1.40, leaving the short-term picture less supportive.
XRP USD, TradingviewMomentum readings also fail to confirm a recovery. The daily RSI is 44, below its 50 midpoint but not in oversold territory, while the MACD line at 0.008184 is below its 0.027457 signal line, and the histogram is negative at -0.019274. These readings point to weakening momentum.
On-balance volume is falling, which is weakening accumulation and a warning that rallies may lack participation. The indicator scorecard reflects that split: moving averages, Fibonacci, and support receive bullish scores, while Bollinger Bands, resistance, the trendline, MACD, and OBV are rated bearish.
Supply adds context, but not a directional verdict. U.S. spot XRP ETFs had attracted about $307.9 million in Q3, while also describing rising exchange deposits as potential sell-side liquidity rather than confirmed sales. Demand and available supply can coexist, so those figures do not establish that buyers have absorbed enough tokens to break resistance.
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XRP Price Support and Resistance: The Levels That Change the SetupThe immediate floor is $1.38. Below it, the primary analysis maps support at $1.31, then $1.25 and $1.12; its trade framework also identifies $1.34 as a Fibonacci reference. The 200-day EMA at $1.28 sits between the $1.31 and $1.25 zones, making it another structural level to monitor if selling extends.
Overhead, $1.50 and the ascending trendline near $1.51 form the first reclaim zone, with $1.53 the more decisive breakout threshold in the supplied summary. The Bollinger lower band was $1.39, the midline $1.49, and the upper band $1.59, placing the $1.40 price near the lower edge of that range. The primary analysis also lists resistance at $1.66 before the prior swing high at $1.70.
LevelRole in the setupConditional implication$1.38Nearest supportA decisive loss puts lower support zones in view.$1.50–$1.53Reclaim and breakout areaA confirmed close above $1.53 improves the upside case.$1.62Potential next objectiveRelevant only if the breakout is confirmed.$1.66–$1.70Higher resistance and prior swing highPotential supply zone, not a guaranteed target.One Fibonacci detail needs qualification: the analysis gives the 61.8% retracement as $1.43, but XRP at $1.40 is below that level, not above it. It places the 50% retracement at $1.34, and the 38.2% level at $1.26, broadly framing the lower areas traders may watch if support fails.
A separate XRP range-breakout setup also emphasizes that a move through resistance or a clean support loss matters more than signals generated inside the range.
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Reclaim, Range Hold, or Breakdown?A confirmed close above $1.53 would strengthen the XRP price breakout case and could put $1.62 in view, followed by the $1.66–$1.70 resistance zone. Those are conditional technical objectives, not a forecast that XRP will reach them; the source’s emphasis on waiting for directional confirmation remains relevant.
If price instead rejects $1.50–$1.53, the immediate test is whether $1.38 holds. A decisive break below that support would expose $1.31–$1.34 first and $1.25 next, with the $1.28 200-day EMA also on the map. Until one boundary gives way, the neutral reading is more defensible than treating either move as underway.
For now, XRP’s longer-term position above the 200-day EMA is counterbalanced by sub-50 RSI, a bearish MACD configuration, and falling OBV. That combination does not settle the next move. It leaves $1.38 support and the $1.50–$1.53 reclaim zone as the clearest decision points.
XRP price has slipped below its 50-day moving average near $1.43, leaving its rebound toward $1.39 facing resistance as Evernorth prepares for its delayed Nasdaq debut.
Summary
XRP price traded near $1.39 after falling 7.6% over seven days, according to CoinGecko. The daily chart places the 50-day moving average at $1.4336 and the 200-day at $1.2805. CoinGlass shows overhead liquidation concentrations around $1.43–$1.44 and $1.53–$1.54. Evernorth expects XRPN trading to begin Oct. 12, subject to closing conditions and Nasdaq requirements. CoinGecko recorded XRP at about $1.39 on Oct. 9, with a seven-day trading range of $1.32–$1.53. The token remained down 7.6% over that period despite a 4.5% recovery over 24 hours, while its market capitalization stood near $87.6 billion.
The Binance XRP/USDT weekly chart on TradingView showed a separate calendar-week decline of 8.56%, with price retreating from an opening level of $1.5205 to $1.3905. Its weekly high reached $1.5310, while the low stood at $1.3189.
XRP falls below $1.43 as daily momentum turns negative TradingView’s daily chart places XRP at $1.3903, below the 50-day moving average of $1.4336. The gap leaves the token roughly 3% beneath that average following its retreat from the late-September trading area around $1.50–$1.60.
XRP price daily chart — Oct. 9 | Source: TradingView The daily chart shows the 50-day average rising above the 200-day average in late September. However, the latest sell-off has taken price back below the shorter average while leaving it above the longer one, which stands at $1.2805.
Based on those chart levels, a recovery first needs to regain approximately $1.43 before the recent $1.50–$1.53 trading area comes back into reach. Failure to recover that average would leave the bounce beneath the first major daily trend reference.
The daily Bull Bear Power indicator also reads negative at minus 0.1331. Its recent red bars accompany the drop below the 50-day average, giving the rebound a weaker momentum backdrop than the August surge shown on the same chart.
On the downside, the weekly low near $1.32 is the closest clear price reference from the latest sell-off. A renewed break beneath that low would put the daily 200-day average around $1.28 in focus, approximately 8% below the current price.
Weekly resistance keeps $1.56 above the rebound TradingView’s weekly Murrey Math indicator places a major support-and-resistance pivot at $1.5625. XRP remains below that level after its recent attempt to extend the recovery from the August lows.
XRP price weekly chart — Oct. 9 | Source: TradingView The same indicator marks the bottom of its trading range at $1.1719. That level sits below both the latest weekly low and the daily 200-day average, making it a more distant downside reference if the current recovery loses further ground.
The weekly Average Directional Index reads 27.46 and has declined from earlier readings above 30. The indicator measures trend strength rather than direction; the bearish direction comes from the falling price structure visible on the weekly chart.
A chart-based upside scenario would require XRP to recover $1.43, then clear the recent weekly high near $1.53 and the $1.5625 pivot. That sequence would bring the late-September highs around $1.60–$1.65 back into view.
Until those levels are reclaimed, the weekly chart shows XRP trading beneath the area where its latest recovery stalled. A move above $1.56 would weaken that bearish setup, while a break below $1.32 would strengthen the downside case.
Liquidation bands cluster above XRP’s current price CoinGlass’s one-week liquidation heatmap shows XRP falling from above $1.50 to approximately $1.32 before recovering toward $1.39. The sharpest downward move appears late on Oct. 8, followed by a rebound that remained below $1.41.
XRP liquidation heatmap | Source: CoinGlass Near the right edge of the heatmap, overhead liquidation bands appear around $1.43–$1.44, with additional concentrations near $1.46–$1.48. The brightest persistent cluster sits higher, around $1.53–$1.54.
The lower portion shows concentrations near $1.36–$1.37 and around $1.35. Those bands place leveraged positions close to the rebound’s recent trading range, while the $1.53–$1.54 cluster overlaps the weekly high area.
Taken together, the daily chart and heatmap identify $1.43 as the first nearby recovery hurdle. The higher liquidation concentration becomes relevant to the bullish scenario only after XRP moves through the intervening price levels.
Oct. 12 listing remains a scheduled XRP catalyst Evernorth attributed its postponed Nasdaq debut to an administrative delay, moving expected XRPN trading from Oct. 8 to Oct. 12. According to the company’s update, the business combination was expected to close Oct. 9, subject to customary conditions.
crypto.news reported that Evernorth expected to hold approximately 473 million XRP at closing. The proposed Nasdaq listing would give U.S. stock-market investors access to shares in an XRP-focused treasury company.
Separately, the XRP Ledger’s official release notice described version 3.4.1 as an emergency security update and scheduled the associated amendment for Oct. 9, conditional on continued validator support. The notice warned that outdated servers would lose synchronization after activation and said publication of the security-sensitive source code would follow later.
Ripple also announced on Oct. 6 that Ripple Prime would provide brokerage, clearing and financing services to Brevan Howard funds. The announcement put the investment manager’s assets at about $35 billion.
Against those developments, XRP’s immediate chart-based test remains the $1.43 average. Reclaiming it would improve the route toward $1.53–$1.56; losing $1.32 would instead expose the $1.28 longer-term average.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
San Francisco-based technology company Ripple, best known as the creator of XRP and a leader in blockchain payment solutions, has expanded its operations further into institutional finance with the launch of Ripple Prime. This platform is designed to offer comprehensive custody and liquidity services for traditional and crypto assets.
Ripple Prime eyes Wall Street growthRipple Prime has secured federal-grade certification for its custody platform and is rapidly expanding its roster of corporate clients. Among its newest partners is Brevan Howard, a prominent fund manager overseeing more than $35 billion in assets and focusing on blockchain infrastructure investments.
Ripple Prime is targeting the significant opportunities within Wall Street, specifically the $256 billion US leveraged ETF market. The company aims to position itself as a core liquidity provider in this segment by leveraging its institutional-grade solutions and global relationships.
Morningstar Direct reports that the US leveraged ETF sector comprises 593 funds, with 426 tracking individual stocks. Ripple Prime is working to capture business within this landscape, where the use of total-return swaps allows brokers to amplify the daily price movement of a stock or index and collect financing charges in return for their services.
Mini dictionary: Brevan Howard is a global alternative asset management firm specializing in macro strategies and digital assets, known for its involvement in blockchain-based infrastructure and significant asset management portfolio.
US Leveraged ETF MarketAmount/NumberTotal assets (2025)$256 billionNumber of leveraged ETFs593Funds tracking individual stocks426Leveraged market and financing expansionRipple has recently entered the lucrative leveraged products market in the United States, where it now earns a financing fee with an annualized rate of roughly 8% from products such as the Tradr 2X Long SNDK Daily ETF. Regulatory scrutiny on non-bank financial institutions has tightened, creating new openings for Ripple Prime to grow as traditional competitors face stricter requirements.
Currently, Ripple Prime serves hundreds of financial institutions worldwide. In 2025, it processed an estimated $13 trillion in transactions, highlighting its scale and reach in institutional finance.
XRP ETF inflows and market sentimentSpot-market XRP exchange-traded funds (ETFs) have contributed to Ripple’s expansion, with cumulative inflows surpassing $8 million on October 8, 2026. The total net assets for XRP ETFs have now broken above $1.56 billion, led by investment firms such as Bitwise and Franklin Templeton.
Market activity has been uneven, with periods of limited inflows and price volatility. Since October 8, trading patterns suggest that some institutional investors may be searching for a market bottom, while large holders, often referred to as whales, have increased their trading impact. A positive buying trend historically correlates with price appreciation in XRP.
Spot XRP ETFs reached cumulative assets over $1.56 billion, with Bitwise and Franklin Templeton leading recent inflows. Institutional activity has contributed to fluctuating inflow patterns, reflecting current market uncertainty.
However, recent technical indicators show considerable selling pressure. The Chaikin Money Flow (CMF) index currently records a strongly negative value across most timeframes, with the one-day chart dropping below -0.23. This scenario heightens the probability of XRP moving toward the lower boundary of the Bollinger Band around the $1.33 mark.
Mini dictionary: Chaikin Money Flow (CMF) is a volume-weighted technical indicator that measures buying and selling pressure, with a negative value suggesting stronger selling momentum.
Crypto analyst Emily has outlined a bullish scenario for XRP, pointing to $3.65 as her main target in the next potential move. She described $1.30 as a critical support zone, emphasizing that XRP’s ability to hold this area could pave the way for a series of upward price targets.
XRP breaks above long-term trendlineEmily’s technical analysis featured an XRP/USDT price chart, where the token was trading near $1.47 at the time of her assessment. The chart highlighted XRP moving above a long-term descending trendline, marking a shift away from a persistent downtrend that had influenced prices over an extended period.
The significance of this trendline break is integral to Emily’s outlook. She sees this as a turning point, supporting her view that XRP could be poised for a stronger upside move if bullish momentum continues.
A strong XRP breakout is taking shape. If the $1.30 zone holds, the initial targets I’m watching are $1.88, $2.90, and $3.65. The long-term downtrend line has been broken, and the price is entering a critical expansion phase.
$1.30 emerges as critical levelEmily placed particular importance on the $1.30 level as a foundational support for XRP’s next trend. Her scenario starts at this zone, and she mapped out potential progressions towards $1.88 and $2.90, ultimately targeting $3.65 if buying interest remains strong.
The chart she shared visually marks each step, using $1.30 as the base for her projection. According to Emily, the ability of XRP to sustain above this area would keep the broader bullish setup intact.
In her analysis, Emily wrote, “If the $1.30 zone holds,” before specifying the sequential targets. This caution reflects the importance of ongoing support at that price to enable further upward moves.
Support/Target LevelStatus/Role$1.30Key support$1.88First target$2.90Second target$3.65Main targetMain target set at $3.65Emily’s analysis centers on $3.65 as the key upside objective for XRP. She illustrated this level at the conclusion of a sizeable move projected from the $1.30 support in her price chart.
Next to the projected move, Emily included a measurement of 177.08% as a possible gain if XRP were to reach $3.65 from its starting point. This level remains considerably above the token’s current price and is not presented as a certainty, but rather as a potential milestone if conditions align.
This could happen faster than most people imagine, given the technical breakout and momentum in play. The $1.30 support is critical, while $3.65 is the key target for the next significant leg up.
Analyst’s outlook and backgroundEmily is an independent cryptocurrency analyst known for her technical chart-based forecasts and her active presence on X (formerly Twitter), where she shares market insights with a broad audience of traders and investors.
She expects the sequence of targets—$1.88, $2.90, and $3.65—to remain achievable as long as XRP does not fall below $1.30. The earlier breakout above the long-term trendline is, in her view, an important bullish factor in the current environment.
Her approach reflects a step-by-step progression, with each successive target coming into focus as long as support levels hold. Emily emphasized that these targets represent technical projections and not financial advice or guarantees of price action.
For traders and investors watching XRP, Emily’s setup serves as a key reference for near and mid-term price action if bullish momentum continues to build above $1.30.
Mini dictionary: Descending trendline, a line drawn on a price chart to connect successive lower highs, often used by technical analysts to determine whether the price of an asset is in a downtrend. Breaking above this line is sometimes interpreted as a reversal signal for potential upward momentum.
Crypto analyst Steph Is Crypto posted on X that XRP had reached $0.10 on a major Asian exchange, a claim that quickly grabbed the attention of the digital asset community. The post, which did not name the exchange or provide verifiable trading data, led to significant speculation and discussion.
Responses to the claim were wide-ranging. While some users expressed excitement at the possibility of acquiring XRP at such a low price, others believed the incident was likely a technical error rather than an actual market event.
A number of users stated they would buy large amounts if the price was accurate, emphasizing the opportunity such a sudden drop would present. Others, however, questioned the claim, suggesting it was a pricing glitch and referencing similar past incidents where XRP’s price briefly spiked before returning to normal levels.
One community member pointed to thin order books as a potential cause, citing how low liquidity can sometimes result in abrupt and short-lived price movements that do not reflect the broader market.
Glitches like these typically come down to data feed errors, brief order book imbalances, or system malfunctions on the exchange side. On a platform that processes large volumes of transactions, distorted prices can appear for a few seconds before correcting.
Price glitch history in XRPInstances of XRP price display errors are not uncommon, although they have historically moved in the opposite direction. In June, a price glitch displayed XRP at $62,032, but no transactions occurred at that value. Other similar incidents have shown XRP prices exceeding $10 million, again without real trades at those levels.
Drops are much less typical for these errors, making the analyst’s claim of a sudden $0.10 price unusual. Historically, such glitches show dramatic spikes upward, while confirmed trades remain unaffected.
Technical factors and market monitoringThe technical reasons behind flash glitches include momentary malfunctions in an exchange’s order book, delayed data feeds, and software failures. These temporary mispricings usually last just seconds before self-correcting, leaving little opportunity for real trades at the displayed values.
No verifiable data currently supports the claim that XRP traded at $0.10 on any major Asian exchange. The original social media post did not identify a specific trading platform or provide transaction evidence, adding to doubts about the authenticity of the reported event.
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For now, the XRP incident remains unconfirmed, and community members are encouraged to verify sources before reacting to sudden price claims.
No confirmed trade data is showing XRP at $0.10, and the original post still hasn’t named the exchange where it supposedly happened.
The XRP Ledger has activated its Batch feature on mainnet with support from 30 validators, allowing users to bundle between two and eight transactions into one operation.
Summary
30 validators backed BatchV1_1, while five opposed it, according to XRPScan figures cited in the report. Batch offers four execution modes, including a setting that makes all linked actions succeed together. Validator Vet identified OTC trades, delivery-versus-payment settlement and NFT swaps as potential uses. XRPL’s separate lending revision introduces closed-ended vaults and cash-basis accounting, subject to validator approval. XRPScan’s dashboard shows BatchV1_1 as active on mainnet, according to the reported amendment data, following the network’s two-week validator approval period.
With 30 of 35 validators supporting the change, the reported vote count puts approval at about 85.7%. Under XRPL’s amendment process, proposals must sustain the required validator supermajority for two consecutive weeks before their rules take effect.
According to XRPL’s documentation, Batch contains an outer transaction and a list of two to eight inner transactions. The chosen execution mode determines whether the actions depend on each other or can complete separately.
XRP Ledger Batch supports linked trades and payments XRPL validator Vet described the feature as useful for institutions and retail developers, pointing to over-the-counter trades, delivery-versus-payment settlement, NFT-for-NFT exchanges and transactions whose execution depends on another action.
“Its a massively important functionality for the XRP Ledger to allow crucial use cases for institutions and also retail builders,” Vet said.
In his assessment, developers have considerable room to build around the feature, which he described as a “big unlock.”
For linked exchanges, the official Batch specification describes an all-or-nothing setting that requires every included action to succeed. Under that setting, a failed transfer prevents the rest of the group from completing independently, according to the specification.
In its Sep. 15 coverage, crypto.news previously reported that developers had fixed 11 software issues before the latest approval process, while RippleX said commercial projects using Batch were already under contract or development.
RippleX’s examples included a token swap between two users and a customer payment paired with a platform fee. Its account described projects in development without naming the companies involved.
According to the published specification, participating accounts must approve the transaction collection in a multi-account Batch. The signing rules bind their approval to the bundled actions, preventing one participant from treating another party’s transfer as a separately authorized payment.
Four execution modes determine which actions complete The official specification gives users four choices: All or Nothing, Only One, Until Failure, and Independent.
Under All or Nothing, the group completes only if every included action succeeds, the specification says. Only One instead permits a single successful action, supporting a sequence of alternatives rather than requiring the entire collection to complete.
For ordered operations, Until Failure processes actions until an action fails, retaining earlier successful steps under the specification’s rules. Independent attempts the included actions separately, without requiring every action to succeed.
According to XRPL’s transaction reference, users must select one execution mode for the Batch. The reference also prohibits nesting a Batch transaction inside another Batch and rejects duplicate inner transactions.
In its Sep. 29 review of Batch mechanics, earlier reporting detailed a Sep. 25 emergency software release that introduced fixBatchV1_2 to address security-sensitive issues.
The XRPL Foundation’s version 3.4.1 notice urged operators to upgrade promptly and identified Oct. 9 as the expected activation date for that security amendment, conditional on sustained validator support.
For applications handling completed payments, XRPL’s tutorial warns that a successful outer Batch result does not guarantee that its inner transactions succeeded.
The tutorial instructs developers to inspect the individual transaction results and verify account balances. In its all-or-nothing example, a failed inner payment causes all included payments to fail, while the Batch transaction fee is still deducted.
XRPL lending revision adds defined vault periods Separate from Batch, XRPL’s LendingProtocolV1_1 amendment adds closed-ended vaults and cash-basis accounting, according to the network’s version 3.4.0 release notes.
A Sep. 18 report on the lending and protocol revisions documented the software release issued on Sep. 16 and explained that distributing the software did not itself activate the amendments.
Under the release’s lending design, vaults have defined subscription, investment, and redemption periods. XRPL’s documentation says depositors can add or withdraw assets during subscription, while the investment period stops deposits and withdrawals as funds become available for loans.
Once the investment period ends, the documentation provides for redemption so depositors can recover their share after loans mature.
For newly created vaults, the proposed accounting rules recognize interest when borrowers pay it, rather than recording all scheduled interest when a loan begins. According to XRPL’s documentation, older vaults retain their existing accounting model after the V1.1 amendment activates.
Evernorth’s Nasdaq plan sets out U.S. shareholder exposure For U.S. stock-market investors, Evernorth’s planned Nasdaq listing provides a separate XRP-related corporate development documented in an Oct. 6 SEC filing.
An Oct. 7 report covered Evernorth’s revised Nasdaq trading timetable, after the company said an administrative delay had moved its expected XRPN debut from Oct. 8 to Oct. 12.
According to Evernorth, the transaction with Armada Acquisition Corp. II was expected to close on Oct. 9, with trading subject to customary closing conditions and Nasdaq listing requirements.
The company said it expected to hold approximately 473 million XRP at closing. Its Oct. 6 SEC filing also confirmed that Armada shareholders had approved the business combination at their Sep. 30 extraordinary general meeting.
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Spot $XRP exchange-traded funds have staged a modest comeback this week, posting net inflows of $11.31 million despite recording positive flows on just two of the week's trading sessions so far, according to @BSCNews.
ETFs Absorb a Growing Share of XRP Supply The recovery adds to a broader accumulation trend that has gathered pace throughout 2026. That figure reflects steady institutional demand since the funds launched in late 2025, even as weekly inflow volumes have fluctuated considerably.
The supply angle is equally striking. The funds now hold roughly 1.79% of $XRP's total supply, meaning ETFs collectively control close to one in every 50 tokens in existence.
Flow activity has not been evenly distributed across issuers. That kind of divergence between individual products has become a recurring pattern as investors rotate between the competing vehicles.
Context: A Strong Year for XRP ETF Accumulation This week's inflows come after a landmark period for the product class.
Despite the positive fund flows, price action has not always followed.
Still, the structural picture points to tightening supply. As ETFs lock up an ever-larger portion of circulating tokens, the available float for spot market trading continues to shrink, a dynamic that analysts have flagged as a potential price catalyst if demand accelerates.
Sources:
TokenPost: U.S. Spot XRP ETFs Hold $1.697 Billion as Inflows Lose Momentum
TokenPost: XRP Spot ETFs Record $4.7439 Million in Weekly Net Inflows
Startup Fortune: XRP Climbs Toward $1.52 as Spot ETFs Post Their Biggest Inflow Week of 2026
Evernorth completed its merger with Armada Acquisition Corp. II on Friday, entering the public markets with approximately 473 million XRP and approximately $300 million in gross cash proceeds before transaction expenses.
The XRP treasury company expects its common stock to begin trading on Nasdaq on October 12 under the ticker XRPN. Armada is a special purpose acquisition company sponsored by Arrington XRP Capital Fund.
Founder and CEO Asheesh Birla said Evernorth intends to actively deploy capital across the XRP economy, support infrastructure and new use cases, and pursue strategies designed to grow XRP per share over time.
The company’s investors include Arrington Capital, SBI Group, Ripple, Pantera Capital, Kraken and GSR.
Evernorth first announced the merger agreement in October 2025. At the time, it outlined a public treasury strategy combining XRP accumulation with institutional lending, liquidity provision and decentralized finance yield opportunities. Birla previously served as a senior executive at Ripple, helping build its payments business.
That strategy extends beyond holding XRP. Evernorth says it intends to provide capital for tokenized assets, onchain credit markets and settlement infrastructure while operating under public company reporting and governance standards.
Its original plans also included participating in XRP Ledger validation, using Ripple’s RLUSD stablecoin to access decentralized finance opportunities and supporting projects that expand XRP’s use in payments and capital markets.
The closing follows Armada shareholders’ approval of the business combination on September 30. An October 1 announcement had anticipated trading would begin on October 8. Friday’s release sets the expected debut for October 12.
Arrington Capital founder Michael Arrington said Evernorth brings substantial capital and public company standards to the institutional development of the XRP ecosystem.
Evernorth expects to ring the Nasdaq closing bell on October 14, with company leadership, investors and members of the XRP ecosystem attending.
XRP was last trading near $1.39 at press time, up roughly 1% on the day, though it remained under pressure as Bitcoin consolidated near $83,000.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
XRP price climbed 2.82% to $1.38 over 24 hours, joining a broader cryptocurrency rebound after two days of losses.
Bitcoin price rose by 2.51% to more than $83,000, while Ethereum climbed to $2,490.
The total market capitalization of the cryptocurrency industry rose by 1.87% to $2.79 trillion, as some of the top tokens rallied.
XRP ETFs attracted $8.17 million on Thursday. For this to happen, XRP would need to rise by about 8.7% from its current price.
XRP ETFs Draw $8.17M as Bitcoin and Ethereum Funds Lose Cash XRP spot ETFs recorded $8.17 million in net inflows on October 8, while Bitcoin and Ethereum funds faced withdrawals. SoSoValue indicates that Franklin’s XRPZ was responsible for all the inflow as four other XRP funds did not experience a net movement.
XRP ETF Bitcoin spot ETFs in the U.S. shed $244 million, with Franklin’s EZBC as the sole fund to gain money. It was granted about $4.71 million, while the biggest withdrawal was made by Fidelity’s FBTC, which pulled $197 million.
Bitcoin Spot ETFs See $244 Million in Net Outflows on October 8
On October 8 (ET), U.S. spot Bitcoin ETFs recorded total net outflows of $244 million, with only the Franklin Bitcoin ETF (EZBC) reporting a net inflow. Spot Ethereum ETFs saw total net outflows of $72.544 million, marking their eighth consecutive day of net outflows.
— Wu Blockchain (@WuBlockchain) October 9, 2026
Ethereum ETFs saw net outflows totaling $72.544 million, continuing their withdrawal trend for the past eight trading sessions. The data revealed XRP ETF assets of $1.56 billion and daily turnover of $65.44 million. Across the five products, the lifetime net inflows were $1.80 billion.
Will XRP Price Recover to $1.50 Soon? The XRP Price traded at $1.38 on Friday, October 9, as its recovery stalled below nearby resistance.
XRP price had pulled back from near $1.50 earlier this week, falling below two price levels that had been supportive trading levels. The token bounced from the $1.35 price point, but failed to get back to $1.40.
The Relative Strength Index (RSI) was at 36, which is above the traditional “oversold” level of 30.
The MACD line was at −0.0278 where the signal line was at −0.0270 and the histogram was at −0.0008. This indicated that bear momentum was subsiding as the negative bars were shrinking but the lines were not confirming a bull market cross.
Source: TradingView The first recovery level to consider is $1.45 on the sustained break above $1.40 for four hours. That resistance would be a boost to the rebound case and open the door for a potential return to $1.50.
On the downside, a loss of $1.35 on a consistent basis could uncover the support zone around $1.30 in mid-September.
Remittix defines the final RTX pricing stage before its November debut as XRP and Cardano keep payments and real-world financial utility at the center of the crypto market.
MAJURO, Marshall Islands, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Remittix has set $0.46 as the final RTX presale price and planned minimum exchange launch price ahead of its scheduled November 24, 2026 market debut.
RTX remains available at $0.23. The progression to $0.46 establishes a visible path as Remittix approaches its $36 million hard cap and tests PayFi with 1,000 invited holders.
The update arrives as an ambitious XRP price prediction targets $12 and Cardano’s RealFi expansion revives discussion of a return to $1 for ADA. These established assets demonstrate the size of the global payments and onchain-finance opportunity, while Remittix gives buyers earlier exposure through a platform preparing for its first exchange launch.
Remittix Establishes Its Final Presale Price
The $0.46 figure is the announced final presale tier and planned minimum exchange launch price, not the current RTX price. The token remains available at $0.23 while the present allocation lasts, creating a defined transition before the November 24 debut.
Remittix has raised more than $32 million from over 40,000 participants. With the hard cap set at $36 million, the project has entered the final portion of its funding cycle while product testing and launch preparation move forward simultaneously.
For buyers, that creates a clear proposition: a current entry, stated final tier, confirmed trading date and an ecosystem demonstrating user activity.
PayFi Gives RTX a Direct Real-World Role
The Remittix PayFi platform is designed to let users fund eligible payments with digital assets while recipients receive conventional currency through compatible banking routes. The model targets remittances, international invoices, contractor payments, supplier settlement and crypto portfolio withdrawals.
One thousand invited holders can now test EUR and USD routes, with crypto-to-fiat and fiat-to-crypto functionality available. Supported stablecoin options include USDT and USDC across Ethereum, Celo, Base and Polygon, with further currencies, assets and networks planned.
The broader ecosystem adds further utility. The iOS wallet has surpassed 10,000 downloads, Remittix Markets has processed more than $50 million in volume, and Remittix Earn is approaching release with advertised yields of up to 22% APY on eligible holdings.
XRP Price Prediction Targets $12 as Cardano Eyes $1
XRP recently traded near $1.40. A move to $12 would require an increase of more than eightfold, representing an aggressive payments-led bull case built around institutional adoption, ETF demand, stablecoin growth and greater XRP Ledger activity.
Cardano has added a tangible real-world-asset catalyst. RealFi is live on Cardano mainnet, bringing its USDrf and sUSDrf model to the network. ADA initially advanced toward $0.27 following the launch, while the combination of real-world assets and onchain yield has revived the long-term $1 Cardano price prediction.
XRP focuses on institutional payment infrastructure, and Cardano is broadening its decentralized-finance economy. Remittix targets the user-facing bridge that can turn supported crypto into fiat delivered through familiar banking channels.
The $0.46 Stage Sharpens the RTX Launch Case
The path from the current $0.23 stage to the announced $0.46 final tier places a measurable milestone before public trading. At the same time, PayFi testing, wallet adoption, Markets activity and the upcoming Earn product provide several potential drivers of ecosystem demand.
November 24 represents the point at which a connected payment, trading and earning platform enters open-market price discovery, giving RTX a powerful utility-led launch narrative.
About Remittix
Remittix is developing a connected PayFi ecosystem for crypto-to-bank and bank-to-crypto transactions. Its products include payment settlement, a mobile wallet, Remittix Markets and the forthcoming Remittix Earn service.
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Veteran Bitcoin investor Michael XBT believes Curve DAO Token (CRV) will be a standout performer in the current market cycle, drawing parallels to XRP rally in the previous cycle.
He revealed that he invested heavily in XRP during the last cycle and now sees similar potential in CRV. He pointed to the token’s relative strength against the broader crypto market as a possible sign of further upside.
According to Michael XBT, CRV is already showing strong performance, with price action that appears to be diverging from the wider market.
CRV to Rise Sharply Against Bitcoin Notably, Michael is betting on a major move in CRV against Bitcoin. He said he started buying CRV at $0.20 and kept adding to his holdings as the price climbed.
“I think we’re about to witness that God Candle against BTC,” he said. His weekly CRV/BTC chart shows signs of recovery following a prolonged downtrend. The price is approaching a potential breakout from the pattern of lower highs and lower lows that has persisted since 2024.
A move above this pattern would strengthen the case for a trend reversal and signal renewed bullish momentum.
The token’s underlying data also supports the bullish outlook. Figures show $76 million in active loans, more than $300 million in staking, rising revenue, and a 16% reduction in CRV emissions.
These developments strengthen CRV’s investment case by highlighting ecosystem activity, capital committed to staking, and declining token emissions. Together, they support Michael’s expectation that CRV will outperform Bitcoin and the broader crypto market.
CRV/BTC Chart by Michael What About XRP? Although Michael XBT favors CRV this market cycle, he remains bullish on XRP. When someone on X asked whether XRP was still positioned for a breakout, Michael reiterated his optimism and identified Bitcoin’s $87,000 level as a key trigger.
“I’m still bullish on XRP but Bitcoin needs to break the $87k level for XRP to get the big bullish breakout,” he replied.
Michael also noted that the crypto market had been trading sideways within the same price range for approximately two weeks.
His comments highlight Bitcoin’s importance in determining XRP’s next major move. A break above $87,000 is the key market condition he identified for XRP’s anticipated bullish breakout.
I’m still bullish on XRP but Bitcoin needs to break the $87k level for XRP to get the big bullish breakout. The market is still chopping in the same range we’ve been in for 2 weeks.
— Crypto Michael (@MichaelXBT) October 8, 2026
XRP Must Break $1.49 to Continue Rising Moreover, Michael XBT says XRP must break above $1.49 to trigger its next major upward move. He advised traders to focus on price action rather than expectations. In his view, XRP’s next rally hinges on a decisive break above this resistance level.
A clear move above $1.49 would provide a bullish signal and strengthen the case for further gains. Failure to break through resistance would leave XRP vulnerable to continued sideways trading.
In sum, Michael sees CRV as his top pick to outperform other cryptocurrencies this cycle, drawing parallels with XRP’s performance during the previous market cycle. Notably, during the last bull run, XRP surged nearly 8x in one year, climbing from $0.49 to $3.66.
Meanwhile, CRV has underperformed in recent times. The coin dropped 12% over the past 24 hours and is currently trading 52% below its yearly high. Interestingly, XRP is also trading at a similar discount from its yearly high.
Avalanche founder Emin Gün Sirer believes that AI can uncover new security holes in XRP Ledger that we never knew about before.
As Sirer explained, AI attacks on blockchain software are the current threat that we should be more concerned with than the fall of existing cryptographic systems.
Sirer said that the crypto industry is overly focused on potential cryptographic breakthroughs. Instead, it should pay more attention to the risk of AI detecting important software vulnerabilities.
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As Sirer recently posted on X, “We will see AI exploiting system-level bugs long before ECDSA goes away.”
In his view, more advanced AI models can find the bugs in the blockchain software, libraries, and crypto wallets that have not been seen by humans.
Attackers may use these bugs to steal billions, he warned, long before AI breaks the widely used cryptography.
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"If you believe, for instance that Ripple’s (or put any other high-value, low-use chain here) under-scrutiny code has no 0-day bugs that are hard for humans to see but easy for AI to detect, you’re a deluded person," he stated.
Here, he is referring to a vulnerability in software that no one knew about before and that can be exploited by attackers before developers patch it.
Sirer, however, did not point to any specific XRP Ledger vulnerability that has not been patched or demonstrate how AI attacked the network.
His statement comes as security issues of XRP Ledger are back in the spotlight as the developers of the protocol rolled out an emergency software update on Sept. 25. Initially, the developers of XRP Ledger did not release the source code of the security fixes. However, they promised to do it along with a technical retrospective.
Earlier, Ripple CEO Brad Garlinghouse also took aim at Sirer after the latter took aim at Ripple's alleged lack of traction with banks.
AI threat sparks heated crypto debateAs reported by U.Today, Ethereum co-founder Vitalik Buterin recently issued a warning that AI-driven mathematical discovery could attack assumptions in lattice-based cryptography in 2 years.
Cardano founder Charles Hoskinson had a different take on Buterin's worries. He called them speculative and said that math could not back up such predictions.
Ethereum researcher Justin Drake expressed concern over AI’s potential to one day attack Elliptic Curve Digital Signature Algorithm (ECDSA), a widely used method of signing crypto transactions.
Sirer admits that this cannot be fully dismissed but thinks the crypto community should be concerned about software vulnerabilities that already exist instead of only focusing on the potential breakthroughs in cryptography.
Avalanche founder Emin Gün Sirer has cautioned that artificial intelligence could soon identify and exploit undiscovered security vulnerabilities within the XRP Ledger, raising fresh concerns over blockchain safety. Sirer, a respected computer scientist and entrepreneur known for his work in decentralized systems and consensus protocols, believes that the threat posed by AI-driven attacks on blockchain software may surpass worries about new breakthroughs in cryptography.
AI-driven vulnerabilities take center stageSirer suggested that the cryptocurrency industry’s current preoccupation with advances in cryptography overlooks a more immediate risk: the possibility that modern AI models could detect and exploit critical software bugs. These vulnerabilities, he argued, may be missed by human reviewers but discovered by increasingly sophisticated AI systems.
Expressing his view on social media platform X, Sirer said, “We will see AI exploiting system-level bugs long before ECDSA goes away.” He added that blockchain software, along with related libraries and crypto wallets, might harbor flaws that billions of dollars could be stolen from if found and leveraged by malicious actors using AI tools.
“If you believe, for instance, that Ripple’s (or put any other high-value, low-use chain here) under-scrutiny code has no 0-day bugs that are hard for humans to see but easy for AI to detect, you’re a deluded person,” Sirer stated.
A 0-day bug refers to a security vulnerability unknown to the software’s creators and not yet patched, providing a window in which attackers may compromise the system.
Despite his warnings, Sirer did not reveal any specific unaddressed vulnerabilities in the XRP Ledger or supply evidence of AI-enabled attacks. His remarks come as the XRP Ledger—an open-source blockchain launched by software engineers David Schwartz, Arthur Britto, and Jed McCaleb—faces increased scrutiny following an emergency software patch deployed on September 25.
Mini dictionary: XRP Ledger is a decentralized public blockchain focused on fast, low-cost payments, maintained by a global community of developers. Its codebase receives frequent updates to address performance or security concerns, and Ripple Labs is a key participant in its ecosystem.
XRP Ledger emergency update and industry responseThe latest XRP Ledger update was issued to address a critical security issue. While developers initially withheld the source code for these security fixes, they pledged to publish it later alongside a technical review outlining the vulnerability and the process for patching it.
Tensions between Ripple, the company behind the cross-border payment network, and Sirer have escalated publicly, particularly after Sirer’s pointed criticisms of Ripple’s engagement with banking institutions drew a response from Ripple CEO Brad Garlinghouse.
AI and cryptography: Debates among top blockchain leadersIndustry leaders have voiced differing opinions about the likelihood and impact of AI discovering vulnerabilities within cryptographic protocols. Vitalik Buterin, co-founder of Ethereum, recently warned that AI-assisted mathematical discovery could target assumptions underlying lattice-based cryptography within two years.
Charles Hoskinson, the founder of Cardano, rejected Buterin’s projections, describing them as speculative and unsupported by existing mathematical evidence. Meanwhile, Ethereum researcher Justin Drake expressed caution regarding AI’s eventual capability to break the Elliptic Curve Digital Signature Algorithm (ECDSA), an essential standard for signing cryptocurrency transactions.
Sirer concurred that such cryptography risks cannot be entirely dismissed but recommended the crypto community focus on addressing current software security threats, emphasizing that real-world vulnerabilities could prove more urgent than hypothetical cryptographic breakthroughs.
Sirer argued that overlooking the risk of AI-exposed software bugs could lead to financial losses well before cryptographic defenses become obsolete.
XRP (CRYPTO: XRP) ETFs pulled in $8.17 million Thursday, the only one of four major spot crypto ETF categories to post net inflows that session.
How XRP Broke From the PackSoSoValue data showed Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH)and Solana (CRYPTO: SOL) funds collectively lost $319.99 million Thursday, while XRP funds added money:
The divergence held through the whole week, with XRP ETFs adding $11.31 million over the first four trading days while the other three categories combined shed $1.21 billion.
Ethereum logged its eighth straight session of outflows, and Solana extended its own losing streak to four sessions.
Franklin’s XRPZ (NYSE:XRPZ) accounted for the entire $8.17 million gain Thursday, while the other four XRP funds posted zero net flows, pointing to demand concentrated in one issuer rather than spread across the category.
Bitcoin’s selloff centered on Fidelity’s FBTC (NYSE:FBTC), which lost $197.09 million, roughly 81% of the category’s total outflow.
BlackRock’s ETHA (NASDAQ:ETHA) led Ethereum withdrawals at $71.12 million, while Bitwise’s BSOL (NYSE:BSOL) lost $5.26 million in Solana, outweighing inflows into two competing funds.
XRP ETFs are now on track for a 13th straight week of net inflows, having added $11.31 million through Thursday.
Friday’s numbers remain pending, and outflows would need to match that full amount to erase the week’s gain.
What the Charts Say About a BounceTrader Cryptoinsightuk said Thursday, as Benzinga reported, that XRP’s aggregated open interest fell 4.6% in token terms and 8.6% in dollar terms, a sharper drop than the price move itself suggests, pointing to leveraged positions getting closed out.
Rising spot trading volume hints buyers may be stepping in despite the broader selloff, even as funding rates turned negative, showing more traders positioned for further downside.
Cryptoinsightuk flagged a bullish RSI divergence on the four-hour chart, where XRP prints a lower low while RSI forms a higher low, a signal that selling pressure may be fading.
The trader expects a potential entry near the lower end of XRP’s range, though a brief liquidity sweep below support remains possible.
Where XRP Stands TechnicallyXRP trades flat at $1.38, after breaking below its rising trendline from August’s $1 low.
That trendline now caps price as resistance, with XRP stuck below its 20-day EMA at $1.4555 and hovering right at its 200-day EMA near $1.3788.
Key levels for XRP: $1.40 to $1.46: resistance zone, 50-day and 20-day EMAs $1.34: 100-day EMA, deeper support Photo via Shutterstock
Bons Accuses XRP Advocates of Misleading Retail InvestorsJustin Bons, founder of Cyber Capital, has reignited the long-running debate over $XRP's decentralization, accusing network advocates of misleading retail investors about who actually controls the XRP Ledger.
At the centre of Bons' argument is the Ledger's Unique Node List (UNL) model. Unlike Bitcoin's Proof-of-Work system, the XRP Ledger depends on validators that individual network participants must trust, with both Ripple and the XRP Ledger Foundation publishing recommended validator lists that come pre-loaded in server configurations by default.
Bons argues this arrangement concentrates power at the top. "XRP is clearly based on a PoA (Proof of Authority) system where all power is derived from the 'kingmakers': The creators of the two permissioned lists (Ripple and The XRP Ledger Foundation)," he said.
A second flashpoint is a recent software update. XRP Ledger developers withheld security-sensitive source code from version 3.4.1, while the fixBatchV1_2 amendment could affect outdated network servers significantly. Bons contends that the XRP Ledger has been operating on closed-source code for around two weeks, with the change set to become mandatory as of October 9. Servers running outdated software faced being amendment-blocked and cut off from the network.
How the XRP Ledger's Validator Model Actually WorksThe network's governance structure is more nuanced than either side often acknowledges. Ripple runs only one of the roughly 35 validators on the default trusted list, and its rights on the network are the same as any other operator. Anyone can technically run a validator, but running a validator does not necessarily mean having any say in consensus unless that validator is included in enough participants' trust lists.
The default list is a recommendation, not a rule. Any operator is free to edit it, drop validators, add others, or follow a completely different publisher's list. However, critics note that in practice, most operators use default UNLs curated by Ripple or the XRPL Foundation, creating soft centralization pressure, even though nearly 200 validators exist.
Developers have said they plan to publish the withheld code alongside technical details explaining the security fixes in version 3.4.1. The episode nonetheless hands critics fresh ammunition in a debate that has dogged the XRP ecosystem for years, and it is unlikely to be resolved soon.
Sources:
U.Today: Is XRP Decentralized? Cyber Capital Founder Says It's 'Straight-Up Fraud'
36Crypto: XRP Decentralization Under Fire as Cyber Capital Founder Raises Fraud Allegations
XRP Ledger: Introducing XRP Ledger Version 3.4.1
XRP commentator Jake Community XRP argued that while the digital asset could theoretically reach $10,000, only a fraction of current holders would remain invested to see such a price point. His recent analysis explored how different investor groups might sell their XRP holdings as prices rise, focusing on shifts in supply and demand dynamics within the market.
Most XRP holders may exit at lower targetsIn a recent social media post, Jake Community XRP suggested that the vast majority of investors would not wait for high price levels before selling. He stated that 90% of XRP holders could sell their entire stake at $10, with another 9% selling at $100. An additional 0.9% might exit the market if XRP reaches $1,000. According to the scenario, only 0.1% of all holders could potentially remain until XRP hits the $10,000 mark.
Jake Community XRP argued that few investors would have the patience or conviction to hold until XRP achieves the extremely high price levels sometimes discussed within the community.
The commentator also suggested that so-called “elites” may prevent an easy path for investors to become millionaires. These estimates reflect longstanding debates within the XRP community about how many holders would withstand multiple rounds of selling pressure amid significant price gains.
Supply analysis highlights market concentrationThe accompanying video reviewed XRP’s circulating supply and exchange balances. The presenter noted that XRP’s total maximum supply stands at 100 billion tokens, with 62 billion currently in circulation. Of this supply, only 1.6 billion XRP reportedly remain readily available for trading on cryptocurrency exchanges, as a large share has been moved into cold storage, institutional custody, or held within ETFs.
Recent months have seen increased outflows from exchanges, with 7 billion XRP reportedly withdrawn during February. These outflows were attributed largely to whales and institutional players, who accounted for approximately 91% of the total movement.
Mini dictionary: Cold storage refers to keeping cryptocurrency assets offline, away from internet-connected systems, to protect them from hacking or unauthorized access.
The speaker argued that with a limited amount of XRP available for immediate purchase, rising demand—especially from large institutional buyers—could significantly affect the asset’s price trajectory.
XRP MetricAmountMaximum supply100 billionCirculating supply62 billionAvailable on exchanges1.6 billionExchange outflows (February)7 billion% Institutional/whale outflows91%Focus on institutional accumulation and future demandThe analysis also pointed to an increase in wallets holding at least 1 million XRP, following several months of decline. The video highlighted the role of institutional investors, referencing US-based XRP exchange-traded funds, which are said to hold $1.1 billion in assets. The speaker noted that institutions could shift from simply investing in XRP to using it for cross-border payments and settlements.
Infrastructure development on the XRP Ledger is another area of focus. Financial institutions have reportedly begun building the tools necessary to use XRP for global transactions, which could further boost demand for the token.
Mini dictionary: XRP Ledger is a decentralized blockchain designed for fast, low-cost international payments, supporting both XRP and custom tokens.
Escrow releases and the potential for supply shortagesThe video touched upon regular releases from Ripple’s escrow accounts, estimating that the company releases between 200 million and 300 million XRP each month. Despite this, the supply available for trading continues to decline as institutions acquire and move XRP off exchanges.
Analysts believe that if institutional demand intensifies, it could eventually outpace the supply accessible for purchase, creating greater scarcity in the XRP market.
With rising institutional interest and decreasing exchange balances, only a tiny fraction of investors may be in a position to benefit if XRP reaches extreme price levels.
Jake Community XRP’s post summarized that while $10,000 XRP remains a theoretical outcome, the majority of current holders are expected to sell well before that level due to psychological and financial factors.
XRP’s pullback puts $1.26 and $1.10 support in focus, while $0.98 remains the key level for preserving the broader recovery structure.
XRP’s latest decline has broken the short-term structure that had kept open the possibility of another run toward $1.65.
Attention has now shifted lower, where $1.26 and $1.10 form the main support areas that could determine whether the broader recovery remains intact.
XRP Price Chart Key Support Levels XRP currently trades around $1.40, according to CoinMarketCap. The asset had fallen as low as $1.3175 during the latest four-hour selloff before recovering some of those losses.
That rebound has taken XRP away from the immediate low, but it has not repaired the structure damaged during the drop.
XRP Loses the Structure Below $1.53-$1.65 XRP has spent several weeks consolidating beneath a major resistance band stretching from approximately $1.53 to $1.65.
The structure initially left room for another attempt at this zone. Instead, price broke beneath the smaller triangle that had formed under resistance and accelerated lower.
The chart’s Fibonacci levels now place $1.5315 as the first significant resistance on any recovery. Above that, the stronger ceiling sits between roughly $1.6363 and $1.6432.
XRP therefore needs more than a bounce from $1.32 to improve the short-term picture. Buyers would first have to recover $1.53 before the $1.64-$1.65 region becomes relevant again.
$1.26-$1.24 Is the First Major Support The first important downside zone sits between approximately $1.2604 and $1.2377.
This area combines the 0.618 and 0.65 retracement levels and could provide the next base if selling resumes. From the current $1.40 price, a decline to $1.26 would amount to roughly 10%.
Holding this zone would preserve a higher low above the major August bottom. That would leave room for the recent advance to be treated as the beginning of a larger recovery rather than another failed rally.
A break below it would expose the next support cluster around $1.08-$1.10.
$1.10 Becomes the Second Test The chart shows another concentrated support area near $1.085-$1.0925.
From $1.40, a retest of $1.10 would represent a decline of about 21%.
XRP could still preserve the broader recovery even after reaching this region, provided buyers prevent price from returning below the summer low.
That makes the next level especially important.
$0.98 Is XRP’s Line in the Sand The larger structure was built from the August bottom near $0.98.
A fresh low below this area would erase the higher-low sequence and substantially weaken the bullish interpretation.
If $0.98 fails, the lower support band around $0.86-$0.87 would return to focus.
Momentum has already shown considerable weakness. The four-hour RSI dropped into deeply oversold territory during the selloff, indicating how quickly bearish momentum accelerated.
For now, XRP has bounced back toward $1.40. But the real test comes if sellers return: $1.26-$1.24 is the first support bulls need to defend, $1.10 is the next, and $0.98 remains the level that separates a deeper correction from a breakdown of the larger recovery structure.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
The XRP Ledger has officially activated the "PermissionDelegationV1_1" amendment. Network validators confirmed the EnableAmendment transaction in ledger 107,524,865, and developers have already begun testing the first operations.
Notably, this technical debut will go unnoticed by millions of retail investors: their personal wallets will continue to operate as before. Instead, this update effectively turns the XRP Ledger into a secure "whales safehouse" built for big capital.
Transaction receipt confirming the activation of the PermissionDelegationV1_1 amendment on the XRP Ledger, Source: XRPScanIn essence, Permission Delegation is a specialized security tool designed to meet the stringent standards of large businesses and traditional finance (TradFi). The feature allows the owner of a large account to grant a third-party account (a delegate) up to 10 strictly limited permissions. For example, a delegate can be authorized to make routine payments or approve trust lines.
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The key feature is key isolation. The delegate signs transactions using its own keys, while the master key controlling the primary wallet with its million-dollar balances remains completely secure, either offline or in cold storage. Permissions can be revoked at any second, and delegating critical functions, such as changing the master keys, is technically impossible.
Who needs a "vault for whales" on XRPL, and why?For ordinary XRP holders who simply store or send coins, nothing changes. However, the upgrade sets in motion a powerful strategic shift for the entire ecosystem.
Large banks and hedge funds cannot operate under a "one wallet, one key" model because of regulatory requirements. They need a strict separation of roles among treasurers, operations staff, and auditors.
The new feature gives them this structure without risking asset security, paving the way for the secure deployment of regulated stablecoins such as Ripple USD and tokenized real-world assets (RWAs).
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Since XRP is the network's native fuel and is used to pay transaction fees, an influx of institutional capital will directly affect the blockchain's long-term utility.
The amendment's activation is not a speculative price catalyst but a systematic step toward preparing the platform for the arrival of major capital. The true scale of the changes will become clear as major custodial services integrate the feature into their interfaces.
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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The U.S. leveraged ETF market has 593 funds and more than $256 billion in assets, including XRP, and Ripple Prime is making itself known in the news by entering the financing chain, providing total-return swaps to fund managers. The move tests whether a crypto-origin firm can win business in a balance-sheet-intensive segment long dominated by banks.
The expansion builds on Ripple’s $1.25 billion acquisition of Hidden Road, completed in 2025, after which the prime brokerage business became Ripple Prime. Ripple is now taking the operation deeper into traditional markets, where swap financing can generate recurring fees but also leaves the provider exposed to sharp moves in the assets being financed.
In the Wall Street Journal:
"Ripple has expanded into nearly every corner of the crypto industry, from stablecoins to asset custody. Now it is edging into Wall Street’s terrain." pic.twitter.com/6iSbnSYGBn
— XRP Myth Buster (@XRPMythBuster) October 8, 2026 Ripple announced the Hidden Road acquisition in April 2025, describing the platform as a multi-asset provider of clearing, brokerage, and financing. The acquisition’s completed status and the rebrand to Ripple Prime were confirmed in Ripple’s announcement.
Its later expansion into services for Brevan Howard adds a hedge-fund relationship to that institutional push, with Ripple Prime’s brokerage, clearing, and financing services announced on Tuesday, October 6.
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Swap Fees Revenue, And The RisksLeveraged ETFs use derivatives, including total-return swaps, to magnify the daily performance of a stock or index. A bank or broker provides the swap in return for financing charges and typically hedges its exposure by buying the underlying security.
Morningstar Direct data cited in a Wall Street Journal report put the U.S. total at 593 leveraged ETFs with more than $256 billion in assets. Single-stock funds make up 426 products in that count, a category regulators first approved in 2022.
One reported example shows the fee economics. The Tradr 2X Long SDNK Daily ETF pays Ripple a rate tied to the overnight bank funding rate plus four percentage points; as of Wednesday, October 7, that translated to about 8% of the fund’s assets on an annualized basis.
Financing charges sit on top of management fees and are reflected in a fund’s net asset value. Over longer holding periods, those costs compound alongside the fund’s daily reset mechanics and the underlying market’s path, making sustained leveraged exposure more expensive than a simple multiple of the asset’s long-term return would suggest.
The swap business also carries direct counterparty risk. A sufficiently large one-day drop in an underlying stock could erase a leveraged ETF’s equity, leaving its financing provider exposed to losses; providers manage that risk by hedging through other asset managers or market makers.
Banks have long dominated this segment, but tighter limits on the risk they can take have opened room for nonbank firms. The primary report identifies Jane Street and Clear Street among firms gaining ground.
Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop
Will XRP Benefit From This News?Ripple Prime is seeking business from additional investment managers, including hedge funds, while its October 6 announcement of brokerage, clearing, and financing services for Brevan Howard offers a concrete example of the broader institutional strategy.
Hidden Road had also expanded into U.S. institutional crypto over-the-counter swaps, cross-margining, and financing after Ripple’s acquisition. Together, those moves show a multi-asset prime brokerage business reaching beyond crypto trading and payments.
Ripple’s institutional relationships also extend into other markets, including custody and tokenization-related partnerships such as the work involving Meritz Securities in South Korea. This helps explain the acquisition strategy, but it should not be mistaken for evidence that XRP underlies or collateralizes these ETF swaps.
For XRP, the news is therefore more of a long-term ecosystem development than a direct bullish price catalyst. Unless Ripple Prime’s expansion creates measurable demand for XRP, increases token utility, or triggers fresh buying interest, the immediate price impact may be limited.
We should, instead, watch XRP’s trading volume, market sentiment, and price action around key resistance levels before treating the announcement as a reason to expect a rally. XRP is trading around $1.41, with little sign of a positive market reaction to the leveraged ETF financing news.
Pi Network Price stands at around $0.0818 on October 9, just above the much-anticipated level of $0.08.
Bitcoin price crashed to $82,541, Ethereum near $2,502, and XRP at $1.40. The market capitalization of the entire cryptocurrency market is around $2.88 trillion. The focus now shifts to Protocol 28, pending its October 16 Mainnet implementation as traders watch for possible recovery indicators.
Protocol 28 Mainnet Activation Scheduled for October 16 The Pi Core Team has planned to activate Protocol 28 on Mainnet on October 16, 2026. To prepare for the network transition, node operators are required to upgrade to version 28.0 by October 13.
Protocol 28 is already being tested in Pi Testnet, and subsequently can be modified and tested before being integrated into the network managing actual balances. The staged rollout is after successful completion of Protocol 27 on Mainnet.
As stated by the team, Protocol 28 enhances the network to use the delayed transaction data during consensus. It also allows developers to update a set of smart contracts at once and manipulate stored data more securely.
Following the successful completion of the Protocol 27 upgrade on Pi Mainnet, Pi Testnet has upgraded to Protocol 28.
Protocol 28 improves how the network handles delays in transaction data and enables developers to upgrade groups of smart contracts at once and change stored data more safely as their applications develop.
All Node operators must upgrade their nodes to Protocol 28 by October 13, 2026, in preparation for the Mainnet Protocol 28 network upgrade on October 16, 2026.
— Pi Network (@PiCoreTeam) September 25, 2026
On February 20, 2025, Pi released its Open Network, which allows its current Mainnet to connect to the outside world.
The Pi Core Team reports that Protocol 27 brought more secure and flexible smart contract authentication. The expansion of its changes widened the range of accounts and applications in authorizing transactions, and laid the groundwork for further development.
The next step in that evolution is Protocol 28, which enhances transaction processing and application upgrades, not just authentication. Nevertheless, the improvements of infrastructure do not necessarily generate a more robust token demand and prompt recovery of the market.
Pi Network Price Prediction: Will PI Coin Rally? The short-term trend to observe is $0.08, as a long-term break below has the potential to prolong the ongoing weakness.
A rebound of over $0.085 would make the picture look better for the future PI Coin outlook. A more formidable resistance at around $0.09 and the psychological mark of $0.10.
Source: TradingView The RSI stands at 40, which is a neutral momentum and not a resounding bullish indicator. The MACD is reported to be at -0.000 after rounding, and it has a sell signal, with little confirmation of an upside.
Pi Network Futures Open Interest Drops to $8.90 Million The Pi Network futures market registered a reduced total exposure, although the token had a slight recovery in price. According to CoinAnk, open interest stood at $8.90 million, which is lower than 10.38 million a day ago.
Source: CoinAnk The fall is an indication of reduced participation, though a falling price may also decrease the dollar value of unfixed contracts. Closures or liquidations of positions might have been a factor but the numbers themselves cannot prove either case.
The XRP Ledger achieved a significant technical milestone on October 8 with the activation of the PermissionDelegationV1_1 amendment. Vet, a well-known validator and contributor on the ledger, announced the news on X (formerly Twitter), describing the update as a crucial step for the network and a valuable foundation for growing institutional adoption of the XRP Ledger.
Permission Delegation arrives on XRPLPermission Delegation enables XRP Ledger account holders to assign transaction permissions to other accounts without giving access to the master private key. This separation means routine operations can be managed by different users or systems, while the highest level of account security remains protected.
By allowing operational responsibilities and key ownership to remain distinct, institutions and asset managers can reduce the risk of exposing sensitive credentials during day-to-day management. This long-requested feature is intended to meet institutional compliance and security requirements for work on public blockchains like XRPL.
Permission Delegation is now officially live on the XRP Ledger, marking a major milestone and an important building block for institutional users of XRPL. With this, asset issuers and treasuries can professionally manage accounts similar to practices in traditional finance, without compromising key security.
Mini dictionary: Permission Delegation, a protocol-level feature that allows an account owner on the XRP Ledger to assign specific transaction rights to another account, increasing flexibility while maintaining security over the primary private key.
Strong demand and instant adoptionWithin the first few hours of its introduction, users completed 66 DELEGATE_SET transactions, all recorded on October 8. The immediate engagement suggests that many participants had prepared for this upgrade and were eager to integrate the new functionality into their operations as soon as it became available.
The rapid uptake highlights how much the feature had been anticipated, especially among those needing greater security and compliance tools for managing digital assets on-chain.
EventDateTransactionsPermission Delegation ActivationOctober 866 DELEGATE_SETInstitutional needs addressedLarge organizations have traditionally struggled to adopt blockchain-based systems because giving broad private key access to all employees or teams represents a significant security risk. Permission Delegation directly addresses this challenge, allowing roles to be separated and specific authorities to be assigned without compromising master key security. For asset issuers, custodians, and compliance-driven institutions, this development removes an important barrier to broader engagement with the XRP Ledger.
Community members widely expressed optimism after the amendment went live. Some highlighted that major upgrades like Permission Delegation often become standard practice before their true significance is fully appreciated. Others viewed the update as a sign that the XRP Ledger is laying the groundwork for expanded institutional activity.
Permission delegation is an upgrade that may go unnoticed at first, but its benefits will be felt as more institutions adopt XRPL. The feature marks a quietly substantial step for the network.
Not everyone was convinced the update was revolutionary, however. Some observers noted that similar principles exist in broader IT security, questioning the level of attention the change received. Still, the arrival of this capability at the protocol level means users no longer need to rely on complex workarounds or off-chain systems to manage permissions securely.
Ongoing enhancements for the XRPL ecosystemPermission Delegation represents a foundational infrastructure upgrade for the XRP Ledger, a decentralized and open-source blockchain optimized for payments and asset transfer. By making compliance and operational delegation easier to achieve, the ledger becomes more accessible to regulated institutions and enterprises that require advanced account controls.
The XRP Ledger community continues to develop new features, with more enhancements expected in future releases to address evolving user requirements. Early indications from the initial usage of Permission Delegation suggest strong demand among the network’s professional participants.
9 October 2026 | 12:33 Mastercard is among the partners for an XRP Ledger hackathon in New York, where developers will spend 36 hours building AI-payment, lending and protocol tools ahead of Ripple’s Swell conference.
Key Takeaways Mastercard is a partner in the October 24-25 XRPL hackathon. Teams will build AI-payment, lending and protocol tools. The event has not announced a new Mastercard product on XRPL. Public code, pilots and follow-up support will show the event’s real impact. Mastercard is joining a builder weekend in New York XRPL Commons lists Mastercard among the partners for its AI & Fintech XRPL Hackathon in Midtown Manhattan on October 24–25. Ripple, AWS, Ledger and Quicknode are also involved in the 36-hour event, which offers more than $40,000 in prizes and brings developers, product leads, designers and finance professionals together before Ripple’s Swell conference.
Confirmed
Mastercard is listed as an event partner. The event covers AI finance, lending and protocol work. Mastercard is named among the organizations on the final judging panel. Still unconfirmed
A Mastercard payment product on XRPL. Commercial deployment of a winning project. New card-network support for XRP through this event. AI payments create a control problem before they create a payment product The event’s agentic-finance track focuses on software that can pay, earn and transact on-chain. An AI agent could buy data, pay for computing capacity or settle a small invoice without a person approving every routine action.
Giving an agent the ability to pay also creates a control problem. A business needs to decide what it can spend, which recipients it can use and how an unsafe instruction can be stopped before money moves. XRPL’s developer tools already address part of that challenge by separating payment creation from the wallet authority needed to sign and submit a transaction.
Teams can use the weekend to turn those controls into working payment flows. A prototype may prove that an agent can pay for a service; a usable product must also show who approves the limits and how those limits are enforced.
Lending and protocol tools fill out the financial workflow AI payments are only one part of the program. The lending-and-borrowing category invites teams to build around the proposed XRP Ledger Lending Protocol and Single Asset Vaults, while the protocol-innovation track covers amendments, client implementations and developer tools. A fourth open track leaves room for projects that do not fit the other categories.
A company using an automated payment tool may also need working capital, limits on collateral use and a way to verify that a counterparty is approved. That is why the event combines payments with lending, vaults and core protocol work instead of treating an on-chain transfer as the whole financial product.
Mastercard’s stablecoin work gives the event a wider context Mastercard has a separate reason to follow this work closely. In June, it announced expanded settlement options involving regulated stablecoins, including RLUSD. That announcement did not create the hackathon or commit Mastercard to any project built there, but it places the company’s event role within a wider effort to explore programmable settlement.
The real test begins after the judging ends The hackathon can produce demos, prototypes and new developer connections. The first signs of lasting progress will come afterward: public code, teams that continue building, grants, pilots and follow-up support from Mastercard or the other partners.
That evidence will show whether the projects developed in New York can meet the security, compliance and user-control standards required beyond the crypto industry.
This article is for informational purposes only and does not constitute financial, investment or legal advice. Event partnerships and developer projects do not guarantee commercial deployment.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
XRPL, the decentralized blockchain network developed by Ripple, is currently undergoing one of its most significant upgrade cycles in 2026. The new features being introduced aim to expand the protocol’s capabilities, focusing on atomic transactions, delegated account permissions, confidential transfers, and solutions tailored to institutional lending.
Confidential finance at the center of developmentA key focus of the latest XRPL upgrades is the implementation of confidential finance features. By integrating confidential transfer capabilities, the network seeks to facilitate privacy-preserving transactions and greater discretion for users. This move aligns with the wider trend in the digital asset sector, where demand has grown for technology that can support secure and private onchain activities.
These developments are designed to serve both individual users and institutions, particularly those seeking compliance-friendly solutions for regulated financial markets.
AI-driven payments and automationArtificial intelligence is becoming a more practical part of XRPL’s roadmap. In June, Ripple introduced the XRPL AI Starter Kit, incorporating X402-powered payments that utilize XRP and RLUSD. The system enables autonomous software agents to pay for applications, data, computing resources, and other digital services, removing the need for manual approval with every transaction.
AI integration allows XRPL to open up new payment markets, where software can seamlessly transact with other software for various services.
This approach signals a shift from conventional systems, as it targets a potential new market: automated transactions conducted directly between software systems.
Mini dictionary: RLUSD, a US dollar-backed stablecoin designed for regulated onchain payments, seeks to provide fast and low-cost transfers while ensuring compliance with financial regulations.
Enhanced financial infrastructure and institutional expansionIn recent months, XRPL has launched new infrastructure elements aimed at supporting complex transaction workflows. Notable additions include BatchV1_1, which allows up to eight transactions to be grouped into a single batch, and PermissionDelegationV1_1, which lets users assign limited account permissions without revealing their master keys. This functionality is expected to appeal to businesses and institutional users managing multiple roles and permissions within treasury or custodial setups.
Ripple’s ongoing roadmap also incorporates Permissioned Domains, credentials, enhanced lending capabilities, and confidential transfer functionalities. These upgrades are intended to support growing demand for regulated, onchain financial services, offering a foundation for institutional decentralized finance (DeFi) on the XRPL network.
UpgradeMain FeaturePotential BenefitBatchV1_1Batch up to 8 transactionsImproved efficiency in processingPermissionDelegationV1_1Delegated account permissionsEnhanced security and role managementConfidential TransfersPrivacy-preserving paymentsIncreased user and institutional privacyLending ProtocolProtocol-native credit functionalityDirect onchain lending marketsCoinpaper, an industry news outlet, recently noted XRPL’s growing focus on lending solutions, highlighting the network’s efforts to introduce protocol-native credit. This development would facilitate direct lending and borrowing within the network, potentially strengthening XRPL’s position in both the DeFi and traditional finance sectors.
Ripple’s upgraded infrastructure is being positioned to support institutional DeFi, confidential transactions, and streamlined permission management to better enable regulated onchain markets.
Cryptocurrency commentator Mickle has suggested that XRP could trade within a range of $26 to $350 if the digital asset replicates key trends seen during previous market cycles. Mickle’s analysis is grounded in the long-term price movement of XRP, focusing on its historical patterns along ascending trajectories.
XRP price history supports bold projectionsBy reviewing XRP’s performance across several years, Mickle outlined a projection that hinges on the cryptocurrency maintaining its current trendline. According to charts he shared, XRP has historically formed price bottoms and followed an upward trajectory, with potential for another major move around 2027.
Mickle highlighted that, should XRP continue to move within its current band, the asset may encounter price zones between $26 and $350. He emphasized that these figures are based on repeating historical market cycles, not on an assured outcome.
Observing previous cycles, if XRP holds the upward trend and range-bound movement, it could eventually reach significantly higher price levels, potentially between $26 and $350.
Mickle also referenced XRP’s performance during the 2018 market, when the token traded close to $3. He pointed out that if XRP were to match the relative appreciation some other cryptocurrencies have seen since then, it could be valued near $30 based on a straightforward comparison.
He stated, “That’s a $30 XRP right there,” acknowledging that the $350 estimate is not guaranteed but emerges from analyzing macro-level chart patterns extending toward 2027.
Technical analysis and market interestMickle noted that growing attention from technical analysts has reinforced optimism about the asset. He stated that a combination of fundamental and technical perspectives continues to highlight the potential for strong price appreciation in XRP, even though these projections remain speculative.
Whether viewed from a technical or fundamental lens, various forms of analysis support the idea that XRP could command higher value in future cycles.
XRP is the native digital asset of the XRP Ledger, a decentralized blockchain designed by Ripple Labs to facilitate fast and low-cost cross-border payments.
Mini dictionary: Ripple Labs is a San Francisco-based technology company focused on developing global payments infrastructure using blockchain technology. The firm created the XRP Ledger and promotes the use of XRP in cross-border payment solutions.
Community reactions and critical feedbackSome community members, such as DJVertigo, have questioned the viability of Mickle’s predictions. DJVertigo acknowledged the technical merit of the chart analysis but argued that Ripple Labs’ continued sales of XRP could weigh significantly on potential price appreciation. He also cited uncertainties in historical transaction data.
Another commenter, ALEX WEST (BIGDADDY), described the $350 target as extremely ambitious and underlined the importance of distinguishing such price projections from actual market fundamentals and adoption trends. Despite this, he maintained that XRP remains an intriguing asset for further observation.
Analysts agree that, while historical patterns can inform speculative forecasts about digital assets like XRP, external factors such as company sales practices and market demand may play a decisive role in determining long-term price outcomes.
The PermissionDelegationV1_1 amendment went live Oct. 8, and official guidance says not to delegate one permission until a separate fix activates.
XRP Ledger switches on account delegation
Posted October 9, 2026 at 6:27 am ET.
The XRP Ledger enabled the PermissionDelegationV1_1 amendment on Oct. 8 at ledger 107,524,865, according to XRPL Dashboard, which lists the activation at 5:29 p.m. ET. The feature lets an account authorize other accounts to send transactions on its behalf, so a task can be handed off without sharing the account’s own keys.
Each delegate can hold up to 10 permissions, and the granting account can change or revoke them by submitting a new list. Any permission left off the list is removed.
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One Permission Comes With a Warning The XRPL’s amendments page says PermissionDelegationV1_1 replaces an earlier version that was pulled after a critical bug was found. The page also carries a caution on one permission: “Until the fixCleanup3_4_0 amendment is enabled, it is recommended not to delegate the PaymentBurn granular permission.” Until that fix lands, the page says, a delegate given PaymentBurn may be able to create new trust line tokens or multi-purpose tokens, not just destroy existing ones. Other granular permissions are unaffected.
XRPL Dashboard shows fixCleanup3_4_0 at 27 of 35 trusted validators, two short of the 29 it lists as the requirement. The fix has not reached majority, and amendments that do reach it then enter a 14-day countdown before they activate.
Vote-Counting Bug Under Review A report filed Oct. 8 on the rippled GitHub repository says version 3.4.1 stops counting a validator’s amendment votes after that validator rotates its signing key, and also drops it from the threshold calculation. The reporter said their node showed 33 validations and a threshold of 26 instead of 35 and 28, after three validators rotated keys. The reporter added that no amendment’s pass-or-fail outcome currently differs.
A proposed patch would track validators by a permanent node ID instead. It was still open for review on Friday.
The dashboard also projects that two Batch-related amendments, fixBatchV1_2 and BatchV1_1, could activate later Friday, at 14:12 and 14:46 UTC. It lists 95 amendments live on mainnet.
Related Listen: How OpenAI’s Math Dump Has Crypto Rethinking Its Cryptography: Uneasy Money
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
Kripto para sektörünün önde gelen şirketlerinden Ripple, geleneksel finans piyasalarındaki faaliyetlerini genişletecek önemli bir adım attı. Wall Street Journal’ın (WSJ) haberine göre şirket, Ripple Prime aracılığıyla Wall Street bankalarının uzun süredir hakim olduğu kaldıraçlı ETF finansmanı pazarında faaliyetlerini artırıyor. Milyarlarca dolarlık finans piyasasında dikkat çeken bu gelişme, Ripple’ın kurumsal büyüme stratejisini yeniden gündeme getirirken XRP yatırımcılarının da ilgisini çekti.
Ripple Prime ile Wall Street’te Yeni Dönem Başlıyor Ripple, kripto para sektörünün dışına çıkarak geleneksel finans piyasalarında daha güçlü bir konum elde etmeyi hedefliyor. WSJ’nin haberine göre şirketin kurumsal finansman birimi Ripple Prime, bireysel hisse senetleri ve büyük borsa endekslerinin günlük performansını kaldıraçlı şekilde takip eden ETF’lere finansman sağlıyor. Bu hizmet kapsamında ETF yöneticilerine çeşitli finansal sözleşmeler sunulurken Ripple Prime, gerçekleştirilen işlemler karşılığında ücret geliri elde ediyor. Böylece şirket, bankaların ağırlıklı olarak faaliyet gösterdiği kurumsal finansman pazarında alternatif bir hizmet sağlayıcısı olarak öne çıkıyor.
Ripple’ın Wall Street piyasasına yönelik genişleme stratejisinin temelinde, 2025 yılında 1,25 milyar dolara satın aldığı Hidden Road bulunuyor. Kurumsal yatırımcılara prime brokerage hizmetleri sunan şirket, satın alma işleminin ardından Ripple Prime adıyla faaliyet göstermeye başladı. Ripple Prime bugün hisse senetleri, tahviller, döviz, türev ürünler ve dijital varlıklar dahil olmak üzere farklı piyasalarda finansman, takas ve kurumsal aracılık hizmetleri sunuyor. Bu geniş hizmet ağı, Ripple’ın yalnızca blockchain ve kripto para odaklı bir şirket olmaktan çıkarak geleneksel finans altyapısında da büyümesine olanak tanıyor.
Ripple 256 Milyar Dolarlık ETF Pazarında Rekabete Giriyor Wall Street Journal’ın Morningstar Direct verilerine dayandırdığı habere göre ABD’de faaliyet gösteren 593 kaldıraçlı ETF, toplamda 256 milyar doların üzerinde varlık yönetiyor. Ripple Prime’ın bu pazardaki faaliyetlerine örnek olarak Tradr 2X Long SNDK Daily ETF gösteriliyor. Haberde, SanDisk hisselerinin günlük performansını iki kat kaldıraçla takip etmeyi hedefleyen ETF’nin finansman karşılığında Ripple’a yıllık yaklaşık yüzde 8 oranında ücret ödediği belirtiliyor. Geleneksel bankaların sermaye ve risk yönetimi kuralları nedeniyle bazı finansman işlemlerinde daha sınırlı hareket edebilmesi, Ripple Prime gibi şirketler için yeni büyüme fırsatları oluşturuyor.
Ripple’ın geleneksel finans piyasalarındaki faaliyetlerini genişletmesi, XRP yatırımcıları açısından da yakından takip edilen bir gelişme olarak öne çıkıyor. Şirketin hedge fonu Brevan Howard ile ilişkisini genişleterek farklı varlık sınıflarında finansman ve takas hizmetleri sunmaya başlaması, kurumsal büyüme stratejisini destekliyor. Ancak Ripple, kaldıraçlı ETF finansmanından elde ettiği toplam geliri veya bu işlemlerde XRP ve XRP Ledger teknolojisinin ne ölçüde kullanıldığını henüz açıklamadı. Bu nedenle Ripple Prime’ın büyümesinin doğrudan XRP talebini artıracağına ilişkin kesin bir değerlendirme yapmak mümkün değil.
Değerlendirme Ripple’ın Ripple Prime aracılığıyla Wall Street’teki faaliyetlerini genişletmesi, şirketin geleneksel finans sektöründe daha büyük bir rol üstlenme hedefini ortaya koyuyor. Hidden Road satın alımı, kaldıraçlı ETF finansmanı ve kurumsal müşterilere sunulan yeni hizmetler, Ripple’ın gelir kaynaklarını çeşitlendirmesine katkı sağlayabilir. Bununla birlikte bu gelişmelerin XRP fiyatı üzerindeki etkisi, XRP Ledger kullanımının artmasına ve kurumsal benimsenmenin nasıl ilerleyeceğine bağlı olacak. Önümüzdeki dönemde Ripple Prime’ın büyümesi ve şirketin açıklayacağı yeni ortaklıklar yatırımcıların odağında kalabilir.
Son Dakika kripto para haberleri için hemen tıkla.
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Ripple is muscling into Wall Street’s swap financing business for leveraged ETFs, a lucrative corner of finance long dominated by big banks.
How Ripple Is Challenging BanksThe Wall Street Journal reported Wednesday that Ripple has become a real competitor in swap financing for leveraged ETFs, a business banks have run profitably for years, using total return swaps to deliver amplified returns like doubling a stock’s daily move in exchange for a fee.
Morningstar Direct counts 593 leveraged ETFs in the US today, holding more than $256 billion combined, with 426 tracking single stocks.
Ripple entered this market last year by buying Hidden Road, a prime brokerage for crypto hedge funds, for $1.25 billion.
That unit is now called Ripple Prime, and it landed its biggest client yet Tuesday, agreeing to handle prime brokerage, clearing and financing for hedge fund Brevan Howard.
Ripple Prime President Noel Kimmel called it “a growing and meaningful part” of the company’s business.
Why Nonbank Firms Are Winning These FeesBanks face stricter risk limits than nonbank firms, and many newer leveraged ETF issuers are startups with no existing bank relationships.
That gap is letting Ripple, Jane Street and Clear Street take business banks once had locked up, said Baird Strategas chief ETF strategist Todd Sohn.
The arrangement pays off for Ripple, but it carries real risk on both sides:
Fee example: Tradr 2X Long SNDK Daily ETF pays Ripple the overnight bank funding rate plus 4 percentage points, about 8% annualized this week, per a regulatory filing Who pays: the cost sits inside the fund’s value, coming out of investor returns The risk: Janus Henderson’s Dan Aronson said a 50%+ single-day stock move could wipe out the fund, leaving Ripple holding the loss Sohn described the drag bluntly: “It’s like a termite almost, just kind of chips away every day.”
Benzinga contacted Ripple for comment on the scale of this business but had not received a response by publication time.
Why XRP Is Falling SeparatelyXRP (CRYPTO: XRP) fell 6% Thursday as the token broke below its 20-day EMA at $1.46, with RSI cratering to 37.59.
Liquidations hit $30.42 million over 24 hours, nearly all from long positions, while open interest fell 9.88% according to Coinglass.
Meanwhile, XRP ETF inflows flatlined at $0 on October 7 according to SoSoValue, removing a source of buying pressure right as the selloff accelerated.
XRP fiyatı, 50 haftalık üstel hareketli ortalamanın (EMA) altında kalınca yatırımcıların dikkatini yeniden teknik görünüme çevirdi. Analist ChartNerd, mevcut hareketlerin 2022 dönemindeki fiyat yapısına benzediğini ve XRP’nin önümüzdeki aylarda daha düşük seviyelerde yeni bir taban oluşturabileceğini düşünüyor. Ancak bu görünüm, tek başına yeni bir düşüş dalgasının kesinleştiği anlamına gelmiyor.
XRP, son 24 saatte yüzde 3,4, son yedi günde ise yüzde 6,12 değer kaybederek yaklaşık 1,40 dolardan işlem görüyor. Kripto para iki gün önce 1,5222 dolara kadar yükselmişti. Bu seviyeden itibaren yaşanan geri çekilme yaklaşık yüzde 8’e ulaştı.
XRP Fiyatı Neden 2022 Modeline Benziyor? ChartNerd, 29 Eylül tarihli değerlendirmesinde XRP’nin önce 50 haftalık EMA’nın altında daha yüksek bir dip oluşturabileceğini, ardından daha güçlü bir yükseliş hareketine hazırlanabileceğini belirtmişti. Analist, bu senaryonun ilerleyen aşamalarında fiyatın 1,80 ila 2 dolar aralığına ulaşabileceğini öngörüyordu.
Bununla birlikte ChartNerd, yükseliş öncesinde XRP’nin haftalık EMA’nın altında daha uzun süre işlem görebileceği konusunda uyarıda bulundu. Analistin değerlendirmesinden önce de XRP, söz konusu hareketli ortalamanın altında yaklaşık altı haftadır yatay seyrediyordu.
ChartNerd bu yapıyı, 2022 yılında görülen ve fiyatın önceki dip seviyelerinden daha yukarıda dipler oluşturduğu bir taban oluşumuna benzetiyor. Bu tür bir yapı her zaman düşüş sinyali vermiyor. Fiyatın daha yüksek dipler oluşturması, satış baskısının zayıfladığına ve ileride toparlanma ihtimalinin güçlenebileceğine işaret edebiliyor.
50 Haftalık EMA XRP İçin Neden Önemli? Üstel hareketli ortalama, yakın dönem fiyatlarına daha fazla ağırlık vererek trendi değerlendirmeye yardımcı olan teknik bir göstergedir. ChartNerd’ın takip ettiği 50 haftalık EMA, XRP’nin uzun vadeli fiyat görünümü açısından temel direnç seviyelerinden biri olarak öne çıkıyor.
XRP’nin 1,52 dolar çevresindeki bölgeyi yeniden aşamaması, son geri çekilmenin önemli nedenlerinden biri oldu. Fiyatın bu seviyenin altında kalması, analistin dördüncü çeyrekte daha fazla zamanın yeni bir fiyat tabanı oluşturmakla geçebileceği yönündeki görüşünü destekliyor.
Öte yandan, 2022 ve 2026 grafiklerinde bazı benzerlikler bulunsa da iki dönemin aynı sonucu vereceği kesin değil. XRP, 2022’de benzer bir oluşumun ardından güçlü bir yükseliş yaşamıştı. Mevcut döngüde ise aynı yönde bir hareketi doğrulayacak yeterli sinyal henüz oluşmadı.
XRP İçin Yükseliş Senaryosu Ne Zaman Güçlenir? ChartNerd’a göre XRP’nin 50 haftalık EMA’nın üzerine yeniden çıkması, olumlu senaryonun tekrar gündeme gelmesi için kritik önem taşıyor. Böyle bir hareket, fiyatın mevcut zayıflığını geride bırakmaya başladığına yönelik teknik bir işaret oluşturabilir.
Bu koşul gerçekleşirse analistin daha önce belirttiği 1,80 ila 2 dolar hedef aralığı yeniden önem kazanabilir. Ancak XRP’nin hareketli ortalamayı aşamaması ve direnç altında kalmayı sürdürmesi, fiyatın bir süre daha yeni bir taban oluşturmasına yol açabilir.
Bu nedenle yatırımcıların yalnızca belirli bir hedef fiyata odaklanmak yerine haftalık kapanışları, EMA’nın konumunu ve fiyatın daha yüksek dipler oluşturup oluşturmadığını birlikte değerlendirmesi gerekiyor.
Diğer Analistler Ripple İçin Hangi Hedefleri İzliyor? XRP hakkında değerlendirme yapan diğer analistler de farklı teknik seviyelere dikkat çekiyor. Ali Martinez, uzun vadeli görünümü olumlu bulsa da daha güçlü bir yükseliş senaryosunun doğrulanması için aylık kapanışın 3,66 doların üzerine çıkması gerektiğini belirtiyor. Martinez’in senaryosunda bu kırılım, önce 9,49 dolara, ardından olası olarak 31,87 dolara uzanan bir hareketin önünü açabilir.
Peter Brandt ise ters omuz baş omuz formasyonuna dayanarak XRP fiyatında 2,16 dolara doğru bir hareket ihtimalini değerlendiriyor. Bununla birlikte Brandt, 1,60 dolarların ortalarından başlayıp 3 doların üzerine uzanan bölgede güçlü direnç ve satış baskısı bulunduğuna dikkat çekiyor.
Analistlerin hedefleri birbirinden farklı olsa da ortak nokta, XRP’nin daha güçlü bir toparlanma için önemli dirençleri aşması gerektiği.
Bu içerik kesinlikle yatırım tavsiyesi niteliği taşımamaktadır. Piyasalar yüksek risk içermektedir ve yatırım kararlarınızı almadan önce kendi araştırmanızı yapmanız önemlidir.
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The XRP Ledger (XRPL) experienced a sudden drop in payment activity, losing around 400,000 transactions overnight. The drop came during a volatile week for the market as a whole. The reason behind it has not been confirmed. It could be a result of the recent market crash or a reduction in automated or low-value transactions.
Network activity is certainly shaky Whatever the reason, a drop in network activity is a weak indicator. XRP's price chart shows the same stress. After falling from about $1.50 earlier this week, XRP is now trading near $1.3866. On Thursday, it dropped to about $1.32 and subsequently bounced back. A crucial level is the black long-term average near $1.38, and XRP is right on it.
XPR/USDT Chart by TradingViewThe line held in September, proving its support. Just below it, the orange average near $1.335 caught the low and serves as the next safety net. The first resistance above the price is marked by the blue average at approximately $1.40 and the cyan average near $1.43.
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Weakness might continueThe green line, which follows, is near $1.45. The September high near $1.66 is far away at this moment. With an RSI of approximately 42, the market is weak but not oversold. Volume increased during the decline and is minimal on the rebound.
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Up to this point, buyers have failed to show any real strength. For bulls to be optimistic, XRP needs to close above $1.40 on a daily basis, which would bring it back above the short-term averages. After that, $1.45 and $1.50 are the next targets. For bears, a move below $1.38 would indicate more downside.
After that drop, the next levels to watch are $1.335 and the $1.25 area, which marks the September low. Although the sudden drop in payments is a slight concern, the price is still maintaining its primary support level. Should XRP stay above $1.38 and network activity become steady, a bounce to $1.45 is likely. If the black line is broken, $1.30 becomes the target.