The next eight days in crypto have a deadline. On October 28 the Federal Reserve announces its rate decision, and Bitcoin, Ethereum and Ripple coin are all trading with that date in mind. This outlook for BTC, ETH and Ripple coin skips the long recap and works as a week-ahead playbook: where each coin stands on October 20, what would be a good sign and a bad sign before the Fed, and where MemeToro $MT, an open-source AI meme coin launchpad on BNB Chain whose $MT presale is at Stage 9 for $0.00649, fits as the fourth name on the board.
Key Points
Bitcoin trades near $82,600 to $83,000, about 58% of the $2.86 trillion crypto market (CoinGecko). Ethereum is $2,446 and Ripple coin $1.33. The Fed is expected to hold at 3.75% to 4.00% on October 28, and all 100 economists in a Reuters survey expect a hike in December, according to Bitcoin Sistemi. Bitcoin ETFs took in $526.7 million on October 19, while Ethereum ETFs lost $103.3 million, according to Bitcoin Sistemi. MemeToro’s $MT presale is at Stage 9, $0.00649. The Setup Before the Fed
The Fed raised rates by a quarter point in September, the first increase since 2023. In a Reuters survey of economists on October 16 to 20, 94 of 100 expect a hold at 3.75% to 4.00% on October 28, and all 100 expect another increase at the December 8 to 9 meeting. September inflation was 3.7% from a year earlier, according to Bitcoin Sistemi. For crypto, that sets a simple test: a hold with a calm message keeps the range, while a signal of faster tightening tends to pressure risk assets.
Bitcoin (BTC): Steady, With Institutions on Its Side
Where it stands. Bitcoin is near $82,600 to $83,000, up about 1% in 24 hours, with a market value of about $1.66 trillion, according to CoinGecko.
What helped this week. Bitcoin ETFs took in $526.7 million on October 19, and Switzerland’s financial regulator FINMA approved the country’s first exchange-traded retail fund that holds Bitcoin directly, according to Bitcoin Sistemi.
If-then for the week:
If ETF inflows continue and the Fed message is calm, Bitcoin can hold its current range, and a round number such as $85,000 becomes the next reference point.
If inflows fade or the Fed sounds hawkish, round numbers like $80,000 become the area to watch on the downside.
Ethereum (ETH): The Name Under Pressure
Where it stands. Ethereum is $2,446, up 2.4% on the day but below $2,500 after a recent sell-off, according to CoinGecko.
What worries traders. Ethereum spot ETFs lost $103.3 million on October 19, the fourth straight day of outflows, and about $362.8 million from October 14 to 19. Bitmine bought another 12,535 ETH and now holds 6,041,481 ETH, about 4.9% of supply. If ETH holds the $2,350 to $2,370 support zone and ETF outflows stop, it can try $2,600, and then $2,700.
If it loses that zone, analysts cited by Bitcoin Sistemi see $2,300 as the next downside target.
Ripple Coin: Pulled Back, With Mixed Signals
Where it stands. Ripple coin is $1.33, up 2.3% in 24 hours, but about 22% below a local high near $1.70, according to CoinGecko and Bitcoin Sistemi.
What the data says. Binance XRP withdrawals fell to $49.7 million a day, the lowest since October 2021, while Binance received 1.669 billion XRP in deposits over 30 days, a seven-month high, according to CryptoQuant data cited by Bitcoin Sistemi. Large deposits on exchanges can signal selling, although the article notes some inflows may support derivatives or internal strategies. On the other side, US spot XRP ETFs have drawn $1.8 billion in net inflows, and Germany’s Sparkassen network began rolling out Ripple coin trading on October 19. If exchange inflows slow and ETF demand continues, XRP can stabilize.
If large deposits turn into selling, the recent pullback area near $1.30 is the level to watch.
The Fourth Name on the Board: MemeToro $MT
In a week when the three majors wait for the same event, MemeToro $MT is a name whose calendar is its own. Its $MT presale runs in stages, each with a funding target, and Stage 9 is priced at $0.00649 per token. The next stage opens at a higher price, so progress is set by the project’s own milestones as well as the market’s mood. That is the argument supporters make for keeping an early-stage name on the watchlist beside Bitcoin, Ethereum and Ripple coin.
What it is. An open-source AI meme coin launchpad on BNB Chain. An AI agent scans news and conversation on X, drafts a coin concept and writes down its reasoning. The terms of each launch are saved in a launch manifest, and the FairLaunchEscrow contract applies them. The AI does not hold funds.
What you can verify.
The code is public at https://github.com/MemeToro/memetoro under an MIT license, and the team calls it an early MVP.
Coinsult, SolidProof and BlockSAFU have each audited the $MT token contract.
Of 1.2 billion $MT, 71% (852 million) is for the public sale and 2% (24 million) for the team. See https://memetoro.com/tokenomics.
A public BNB testnet round with tBNB, a test token without value, lets you practice at https://memetoro.com/memecoin.
What is still ahead? The FairLaunchEscrow launch contracts have not yet been independently audited, the team is pseudonymous, and the roadmap lists token creation and liquidity, a public funding page and a formal manifest schema.
A Simple Plan for the Week
Note the Fed date, October 28, and decide your plan before it, not during it. Check live prices for BTC, ETH and Ripple coin on the day. If you want to look at MemeToro, read the site, the code and the audits, and practice on the testnet. If you take part, connect a BNB Smart Chain wallet or pay by card, check the contract 0x44412181b7eb66bff974c0a9a9e908e5bba8cfff and the Stage 9 price, and check the rules where you live. Do the checks, run the testnet, then decide at https://memetoro.com/ with a clear head.
Frequently Asked Questions
What is the Bitcoin outlook now?
Bitcoin is near $82,600 to $83,000 with ETF inflows, and the main event is the Fed on October 28.
What is the Ethereum outlook?
It is under pressure from four straight days of ETF outflows. Analysts watch $2,350 to $2,370 as support and $2,600 to $2,700 as resistance.
What is the XRP outlook (Ripple coin)?
Ripple coin is $1.33, about 22% below a local high. Exchange data is mixed, while US spot ETFs have drawn $1.8 billion.
When is the next Fed decision?
October 28, with the meeting on October 27 and 28. A hold is expected, and a hike in December.
Will crypto go up after the Fed?
No one knows. A calm hold may keep ranges, and a hawkish tone could pressure risk assets.
What is MemeToro?
A BNB Chain launchpad where an AI agent drafts meme coin concepts under published launch rules. $MT, its token, is in a staged presale.
How much is MemeToro at Stage 9?
$0.00649 per $MT while Stage 9 runs. The next stage opens higher once this one fills.
Is the MemeToro presale legit?
You can verify the contract, the code, the tokenomics and three token audits by Coinsult, SolidProof and BlockSAFU. The team is pseudonymous and the launch contracts are not yet audited, so do your own checks.
How do I buy MemeToro?
Visit https://memetoro.com/, connect a BNB Smart Chain wallet or pay by card, check the contract and stage price, and confirm.
“What is the best crypto to invest in right now?” In this article we sort today’s main names into three buckets, a core, a growth layer and an early-stage slot, score them on the same checklist, and explain why MemeToro $MT, an open-source AI meme coin launchpad on BNB Chain whose $MT presale is at Stage 9 for $0.00649, is the name this guide puts at center stage in the early-stage bucket.
Key Points
Prices on October 20, 2026 (CoinGecko): Bitcoin $82,640, Ethereum $2,446, XRP $1.33, Solana $106.27. Three buckets: a core of the largest assets, a growth layer of established altcoins, and a small early-stage slot. MemeToro $MT fills the early-stage slot in this guide. Its $MT presale is at Stage 9, $0.00649. Why “Best” Depends on the Investment Bucket
Comparing Bitcoin with a presale is like comparing a bank with a start-up: they do different jobs. Many investors therefore split their thinking into buckets, and judge each name against its own bucket.
Bucket 1: The Core (Bitcoin)
Bitcoin trades near $82,600 and makes up about 58% of the $2.86 trillion market, according to CoinGecko. It is the deepest and most liquid asset. This week brought institutional news: Bitcoin ETFs took in $526.7 million on October 19, and Switzerland’s financial regulator FINMA approved the country’s first exchange-traded retail fund that holds Bitcoin directly, according to Bitcoin Sistemi. The role of the core is stability relative to the rest of crypto, not high growth, and it can still fall sharply.
Bucket 2: The Growth Layer (Ethereum, XRP, Solana)
Ethereum ($2,446) is under pressure from fund flows, with $103.3 million of ETF outflows on October 19, its fourth straight day. XRP ($1.33) is about 22% below a local high near $1.70, and large holders have moved coins to exchanges, with Binance seeing its biggest XRP deposits in seven months, according to Bitcoin Sistemi and CryptoQuant. At the same time US spot XRP ETFs have drawn $1.8 billion of net inflows. Solana ($106.27) is now available through the Sparkassen banking network in Germany, which began rolling out trading for XRP, Bitcoin, Ethereum, Solana and Polygon on October 19. These are established networks with real usage, and prices that swing more than Bitcoin’s.
Bucket 3: The Early-Stage Slot (MemeToro)
This is the smallest slot and the one with the widest range of outcomes. A project at the start of its life can grow much faster than an asset with a $1.6 trillion market, or it can fail. The key for this bucket is not to guess the winner but to find a project whose claims you can check. That is why MemeToro is the focus here.
A Five-Point Scorecard
Using the same five questions for each name:
1. Is the code open to read?
Bitcoin: yes, widely reviewed. Ethereum and XRP: yes, open networks. MemeToro: yes, MIT-licensed repository at https://github.com/MemeToro/memetoro, which the team calls an early MVP.
2. Has anyone outside the team reviewed it?
Bitcoin, Ethereum and XRP: more than a decade of public scrutiny each, with ongoing regulatory attention. MemeToro: three audits of the $MT token contract, by Coinsult, SolidProof and BlockSAFU. The launch contracts are not yet audited.
3. How is supply held?
Bitcoin: mined, no team allocation. Ethereum and XRP: large foundation and company holdings are part of the story. MemeToro: 1.2 billion $MT, 71% for the public sale and 2% for the team, according to https://memetoro.com/tokenomics.
4. Can you try it first?
Bitcoin, Ethereum, XRP: you can use them in small amounts. MemeToro: a public BNB testnet round with tBNB, a test token without value, at https://memetoro.com/memecoin.
5. How much is still to be proven?
Bitcoin: its role as a store of value is established, price is not. Ethereum, XRP: use cases are live but still evolving. MemeToro: the most. The roadmap lists audits of launch contracts, token creation and liquidity, a public funding page and a formal manifest schema.
The scorecard shows the trade clearly. The established names have the proof and the lower upside from today’s size. MemeToro has the least proof and, by the nature of being early, the highest potential and the highest risk.
Why MemeToro Takes Center Stage in This Guide
Many early-stage projects ask you to believe. MemeToro $MT asks you to read. It is building a launchpad where an AI agent scans the news and conversation on X, drafts a meme coin concept and writes down its reasoning. The terms of the launch are saved in a launch manifest, and a contract called FairLaunchEscrow carries them out. The AI does not hold funds. Supporters see three reasons it stands out in the early-stage slot:
It tackles the weakest part of meme coins. The sector’s common problem is that most new tokens have no reason to exist beyond a joke. MemeToro’s pitch is a reasoned concept with published launch rules.
The price steps up. The $MT presale runs in stages, each with a funding target, and each new stage opens at a higher price. $0.00649 is the Stage 9 price, and buyers who join a stage pay that stage’s price.
You hold the tokens. $MT goes directly to your wallet, and presale tokens are not locked up.
MemeToro Stage 9 at a Glance
Price: $0.00649 per $MT. Network: BNB Smart Chain. Contract: 0x44412181b7eb66bff974c0a9a9e908e5bba8cfff. Supply: 1.2 billion, with 852 million (71%) public sale, 120 million (10%) exchange reserves, 90.72 million (7.56%) marketing partner vesting over 24 months, 60 million (5%) MemeToro trading, 53.28 million (4.44%) rewards and 24 million (2%) team. Payment: wallet or card, on a site available in more than 16 languages. How to Start in Four Steps
Read https://memetoro.com/, the tokenomics page, the code and the audit reports. Practice on the testnet with tBNB. If you decide to take part, connect a BNB Smart Chain wallet or choose card payment, and check the contract address and the Stage 9 price. Check the rules where you live, because buyers are responsible for following local law. Frequently Asked Questions
Is Bitcoin still a good investment?
It is the largest and most liquid crypto asset, and ETF inflows continue, but its price can fall sharply.
Is XRP a good buy?
XRP is about 22% below a recent local high. US spot ETFs have taken $1.8 billion in net inflows, while large holders have moved coins to exchanges. Evidence points both ways.
Is Ethereum a good buy now?
Ethereum has had four straight days of ETF outflows, with support watched near $2,350 to $2,370. Decide based on your own time frame.
Which crypto is best for beginners (en iyi kripto para hangisi)?
Beginners often start with the largest assets in small amounts and learn the process before moving into riskier names.
How much is MemeToro at Stage 9?
$0.00649 per $MT until the stage target is reached and the next stage opens at a higher price.
Is the MemeToro presale legit?
You can verify the contract, the code, the tokenomics and three token audits. The team is pseudonymous and the launch contracts are not yet audited, so do your own checks.
How do I buy MemeToro?
Visit https://memetoro.com/, connect a BNB Smart Chain wallet or pay by card, check the contract and stage price, and confirm.
NEAR Protocol has added XRP to near.com, letting users deposit from the XRP Ledger, swap and pay with confidential transactions powered by NEAR Intents.
XRP is now available on near.com, the all-in-one crypto app from @NEARProtocol, with confidential transactions enabled by default. Users can deposit $XRP directly from the XRP Ledger, swap it for other assets and use it to make payments.
What the XRP integration offersThe listing means XRP holders can move funds into the app without first converting to another asset. Once inside, they can swap XRP for other tokens or spend it, all from a single interface.
Privacy is the main selling point. @XRP transactions on near.com are confidential by default, which keeps sender addresses, amounts and routing off public $NEAR explorers. A recipient receives the funds without seeing the sender's address or wallet history. Routing is handled by @near_intents, NEAR's system for swapping assets across chains.
The feature builds on NEAR's wider privacy push. CoinDesk reported that near.com launched in February as a super app, with a confidential mode that keeps balances, transfers and trading activity private within the network's security framework. NEAR co-founder Illia Polosukhin said at the time that onchain transparency is not realistic for day-to-day use.
How confidential execution worksAccording to NEAR's own documentation on Confidential Intents, transactions run on a NEAR private shard, a dedicated execution environment operated by a decentralized set of independent, permissioned validators. It connects to NEAR mainnet through a bridge based on trusted execution environments (TEEs). When a user goes confidential on near.com, deposits, transfers and swaps stay out of public view, and funds can be moved between confidential and public accounts at any time.
The design has limits. An explainer from the LeoDex exchange notes that this is confidentiality rather than anonymity, because deposits into and withdrawals out of the system remain visible on public chains.
Demand for the feature appears to be real. NEAR said in a general availability announcement that over 40% of volume across near.com used Confidential Mode within weeks of launch. That figure comes from NEAR itself and has not been independently verified.
For XRP holders, the addition offers a way to swap and pay across chains without exposing wallet history on public explorers. The XRP Ledger is also among the networks supported by NEAR's recently launched NEAR Business treasury platform, according to Crypto Briefing.
SourcesCoinDesk: NEAR launches Near.com super app
NEAR: Confidential Intents
Crypto Briefing: NEAR launches crypto treasury platform
More than 6 billion XRP have been deposited on exchange platforms in the thirty days preceding October 19. This seven-month record signals a strong recovery in transfers, but it does not prove that holders have sold their tokens.
In brief More than 6 billion XRP have been deposited on exchange platforms in thirty days, a record in seven months. Deposits have doubled since mid-August, with Binance concentrating nearly 41% of inflows. Whale withdrawals have dropped by 98.6% since February 2025, indicating a slowdown in their activity. This increase in deposits could intensify selling pressure, but does not confirm massive sales. XRP price is around 1.30 dollars, a key threshold for the market’s future. XRP deposits double since mid-August Cumulative XRP inflows on centralized platforms reached 6.05 billion tokens over thirty days, according to CryptoQuant data. This is the highest level since March 2026 and a doubling compared to the volume observed in mid-August.
This acceleration accompanied strong market volatility. XRP moved from about 1 dollar to a high near 1.70 dollars, before returning to around 1.30 dollars. Key indicators now describe a mixed situation:
Deposits reached 6.05 billion XRP in thirty days; This volume represents a seven-month high; Binance received about 2.46 billion XRP; Inflows have doubled since mid-August; The price has lost nearly 24% since its peak at 1.70 dollars; Whale withdrawals fell to their lowest level since October 2021. Binance accounts for about 40.7% of deposits recorded over the period. Bybit received nearly 580 million XRP, compared to 557 million for OKX and 544 million for Upbit. Bitget recorded about 285 million additional tokens.
These movements increase the amount of XRP available in the platform ecosystem. They can facilitate transactions and strengthen short-term liquidity. They may also precede sales when investors transfer their assets from private wallets.
This second interpretation remains uncertain, however. A deposit does not necessarily correspond to a sell order. Tokens may circulate between platforms, custody services, and market makers, or serve as collateral for financial products.
Whales greatly reduce their withdrawals Another CryptoQuant indicator shows a decline in large holders’ activity. The 90-day moving average of XRP withdrawals attributed to whales dropped to 49.7 million dollars. This level has not been seen since October 2021.
This average reached about 3.5 billion dollars in February 2025, shortly after XRP traded around 3.40 dollars. It has therefore fallen by 98.6% since that peak.
CryptoQuant estimates that XRP “attracts less and less attention” from large investors. Whales might be waiting for a more favorable price before increasing their exposure. The platform adds that XRP risks lacking buyer volume long term if their support does not return.
However, the decline in withdrawals does not demonstrate that all whales are selling. It mainly means that large transfers from platforms to external wallets are becoming rarer. Such outflows are often interpreted as an accumulation signal because tokens become less readily available for sale.
The market thus shows two signals that can reinforce each other. Deposits increase while large holders’ withdrawals decrease. This combination could create more supply available on platforms if it continues.
The 1.30 dollar threshold remains crucial XRP trades in a narrow range after its summer rebound. Its return around 1.30 dollars reflects a fragile balance between buyers defending this level and holders taking advantage of rebounds to transfer their tokens.
Flows from U.S. ETFs provide little additional support. After thirteen consecutive weeks of inflows, these products would have recorded about 1.84 million dollars of net outflows in one week. October’s monthly inflows also remain well below those of September.
This institutional slowdown is not enough to announce a new decline. XRP has already shown some resilience during the 2026 bear market. The price will mainly depend on the real destination of the 6.05 billion tokens transferred and the possible return of large buyers.
A stabilization of the XRP price above 1.30 dollars, accompanied by a decline in deposits, would reduce the risk of selling pressure. Conversely, a break of this threshold with continued high inflows could signal that more tokens are arriving on the market just as whale demand weakens.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Fuzzybear ($FUZZYBEAR), an XRP Ledger memecoin, gained 70% in seven days. The token draws its story from an early XRPL address and a 2014 order of 1 XRP for 1 Bitcoin.
Fuzzybear, a memecoin issued on the XRP Ledger (@XRP) $XRP, has extended a sharp rally. The token, listed as $FUZZYBEAR, rose 50% in 24 hours and 70% over seven days. CoinGecko puts its market cap at $24.5 million.
What is Fuzzybear?Fuzzybear is a community-driven memecoin on the XRP Ledger (XRPL). The project's narrative is built around the 'Fuzzybear' XRPL address, which was activated by Opencoin (now Ripple) in February 2013. The project specifically highlights a 2014 event in which this address placed a decentralized exchange (DEX) order of 1 XRP for 1 Bitcoin $BTC.
According to CoinGecko, the token has no formal technical utility such as staking or revenue distribution, and is designed to grow as supporters join the movement. It operates as a zero-tax asset with a fixed total supply. CoinGecko lists a maximum supply of 321 billion tokens.
On-chain records cited by the project's community show a wallet named FuzzyBear placed the 1 XRP for 1 BTC order on January 1, 2014. Market trackers describe the token as a tribute to that account. Data provider xrpl(.)to says the token launched on FirstLedger on 23 January 2025.
Market contextThe latest move marks a notable shift in momentum. On 16 October, xrpl(.)to recorded a market cap of $10.81 million and 11,223 accounts holding the token. The same source noted that the market cap had peaked at $17.54 million on 25 July 2026. A market cap of $24.5 million would sit above that earlier peak, although figures vary between data providers and change quickly.
The rally comes as XRP itself trades under pressure. Crypto news outlet reports said XRP traded near $1.30 on October 20, with CoinGecko recording a daily range between $1.29 and $1.32. Fuzzybear's gains therefore run against the weaker price action in the wider XRP market.
Memecoins on the XRP Ledger are volatile and small by market value. Cryptonews has listed no built-in utility, heavy reliance on hype and ongoing regulatory risk among the drawbacks of the token. Sharp short-term gains can reverse quickly, and readers should review liquidity and holder concentration before trading. Data from xrpl(.)to shows the hundred largest holders own 62.8% of the supply.
Sources
CoinGecko: Fuzzybear price, market cap and project details
xrpl(.)to: Fuzzy Bear token data and holder statistics
Crypto news: XRP whale outflows hit five-year low as price struggles near $1.30
Evernorth, the XRP treasury company backed by Ripple, has hinted at a special announcement at Ripple Swell 2026, taking place in New York City from October 27 to 29.
In a post on X, Evernorth said, “Something special is planned for Ripple Swell 2026,” but did not reveal any details.
The teaser comes ahead of Ripple’s annual conference, where financial institutions, payment companies, regulators, and crypto industry leaders gather to discuss blockchain and digital finance.
Evernorth Joins Ripple Swell 2026 as an Official Partner
Evernorth is an official partner of Ripple Swell 2026, alongside Ondo, RedotPay, SALT Conference, Water, the XRP Ledger Foundation, XRPL Commons, and ZILO.
The conference will take place at The Shed in Hudson Yards, New York City. This year, Ripple Swell, XRPL Apex, and UBRI Connect will be held together, bringing financial institutions, blockchain developers, and academic researchers under one roof.
Notably, Evernorth went public on Nasdaq this month under the ticker XRPN. The company focuses on holding XRP as a publicly traded treasury firm and is backed by Ripple.
Former Ripple exec Asheesh Birla is Evernorth’s CEO. Ripple CEO Brad Garlinghouse and XRP Ledger co-creator David Schwartz are among its advisors.
What Will Evernorth Announce?
Evernorth has not revealed what it plans to announce at Ripple Swell 2026. It could be a new product, a partnership, or an update to its XRP treasury operations.
Given its focus on XRP and its connection to Ripple, the announcement could involve institutional XRP investments or the wider XRP Ledger ecosystem.
As the conference approaches, Evernorth’s teaser has added to the excitement around an event focused on traditional finance, digital assets, and blockchain technology.
Something special is planned for @RippleSwell 2026. 🐻
Not investment advice or an offer of securities. Contains forward-looking statements; actual results may differ materially. Risk factors: https://t.co/nmW9NrOrGY pic.twitter.com/H97kPMKM70
— evernorthxrp (@evernorthxrp) October 19, 2026
Ripple Swell Agenda Focuses on XRP Ledger Developments
Meanwhile, Ripple Swell 2026 will cover institutional adoption, tokenization, stablecoins, digital asset management, and the future of the XRP Ledger (XRPL).
One key session, titled “Building What’s Next for XRPL,” will feature David Schwartz and Ripple engineering director Ayo Akinyele on October 28 at 4:30 p.m. ET.
The session will discuss new developments in privacy, artificial intelligence, decentralized finance, scalability, and technology for financial institutions.
Other sessions will explore how AI could automate payments, how real-world assets can be tokenized, and how financial institutions can use blockchain technology.
Ripple will also present updates on payments, stablecoins, treasury management, and the use of XRP.
Speakers from Robinhood, BNY, CME Group, Coinbase Institutional, and other financial and technology companies are also expected to attend.
Evernorth Holdings, a company backed by Ripple, has filed a prospectus with the U.S. Securities and Exchange Commission (SEC) to register 11,499,992 Class A common shares. These shares are tied to the company’s public warrants, as Evernorth explores further expansion of its XRP holdings.
According to the filing, the 11.5 million Class A shares may be issued if public warrant holders choose to exercise their rights to buy shares at $11.50 each. With Evernorth’s stock trading at $15.45 as of October 16, the warrants are currently “in the money.” This means exercising them could be attractive to warrant holders, due to the difference between the exercise price and the current stock price.
A warrant grants its holder the option to purchase a company’s stock at a specific price. When the market price trades above this threshold, warrant holders may profit by purchasing shares below market value and potentially selling them at the prevailing price.
However, the prospectus does not result in an immediate release of all 11.5 million shares. The total number of new shares issued will depend on how many warrant holders actually decide to exercise their warrants for cash.
Share typeShares registeredWarrant exercise priceStock price (Oct 16)Warrant price (Oct 16)Class A common11,499,992$11.50$15.45$4.16 Evernorth has registered 11,499,992 Class A shares issuable on warrant exercise at $11.50 each. On October 16, these shares traded nearly $4 above the exercise price, making the warrants in the money.
XRP Treasury ObjectivesEvernorth, which is actively working to build a treasury of XRP, has indicated that it intends to sell more equity units to support additional purchases of the cryptocurrency. XRP is a digital payment asset closely associated with Ripple, designed for fast and low-cost international value transfers.
Despite these ambitions, the current prospectus does not directly state that proceeds from the warrant exercises will be used to buy more XRP. The company also has not confirmed any recent XRP purchases linked to the new filing. Evernorth could decide in the future to allocate funds raised through exercised warrants to expand its XRP reserves, but those decisions remain at the company’s discretion.
Mini dictionary: Evernorth Holdings is a U.S.-based financial and technology company known for building blockchain-based products. It has attracted attention due to its partnership with Ripple and its stated intention to hold XRP as a treasury asset.
Market participants have watched Evernorth’s strategy closely, as increased demand for XRP from corporate treasuries could potentially influence the asset’s price direction, especially during periods of trading consolidation.
Evernorth has stated intentions to issue additional equity units to finance future XRP purchases, although the latest prospectus does not guarantee such acquisitions will occur.
Should the registered warrants be exercised and new shares issued, existing shareholders could see their holdings diluted. Share dilution occurs when the total number of outstanding shares increases, reducing each investor’s proportional ownership.
The prospectus clarifies that while Evernorth would receive cash if warrants are exercised at $11.50 per share, the company will not benefit from proceeds when those shares are later sold by investors through the public markets.
For investors in XRP, the key question remains whether Evernorth will translate fundraising from share and warrant activity into larger cryptocurrency holdings. The answer will likely depend on the company’s future treasury policies and operational decisions.
XRP inflows to exchanges have hit seven-month highs as more than 6 billion tokens were deposited in the last 30 days.
Key points:
Rolling 30-day inflows to exchanges hit 6 billion XRP on Oct. 19, their highest value in seven months.The 90-day moving average of whale outflows fell to $49.7 million, its lowest levels in five years, as analysts see a lack of interest in the XRP/USDT pair.The realized profit/loss ratio has dropped 41% in October as rangebound trading conditions return.XRP whale interest absent as exchange inflows climb: AnalysisNew research from onchain analytics platform CryptoQuant reveals that on a rolling 30-day basis, XRP exchange inflows are at their highest since March.
In the 30 days to Oct. 19, inflows totaled 6.05 billion XRP and have doubled since mid-August. During this time, XRP/USD increased from around $1 to a maximum of $1.70 before correcting to the current levels around $1.30.
“The rise in total inflows to more than 6 billion XRP, reaching a seven-month high, signals a clear shift in asset movement toward exchanges. This could reflect increased trading activity and liquidity on these platforms, or a rise in the movement of XRP between wallets and exchanges,” CryptoQuant commented.
Further analysis covering exchange withdrawals from whales shows that XRP is “attracting less and less attention.” CryptoQuant suggests that large-volume investors may be waiting for more advantageous prices before increasing exposure.
The 90-day moving average of whale outflows hit a high of $3.5 billion in February 2025, shortly after XRP’s all-time high at $3.40. Since then, whale outflows are down 98.6% and the 90-day moving average currently stands at $49.7 million. This is its lowest value since October 2021.
“From a long-term perspective, this suggests XRP could lack buying volume without whale support,” CryptoQuant commented while acknowledging XRP’s “notable resilience” during the 2026 crypto bear market.
Bitcoin rangebound price action eases profit-takingOnchain data confirms that Bitcoin investors also stepped back in October as BTC/USD traded within a range between $80,000 and $87,000.
In its latest Market Pulse bulletin released on Monday, crypto analytics platform Glassnode reported reduced profit-taking across the Bitcoin investor base. The realized profit/loss ratio dropped from 0.8 to 0.4, a decrease of 50%, over the past week.
“This contrast demonstrates that profit realized activity cooled relative to loss realization onchain, highlighting a transition toward more subdued sentiment and diminished aggressive spending by market participants,” Glassnode summarized.
Bitcoin realized profit/loss ratio (screenshot). Source: Glassnode
As bulls continue to lose strength, XRP price risks falling below $1.00, especially after losing its 50-day moving average.
Widely followed analyst 360Trader highlighted this warning on X, noting a fair value gap (FVG) below the token’s current price.
The analyst said XRP was trading near its 200-day moving average at approximately $1.28 after losing the 50-day average. He also pointed to an unswept low below the current price and warned that a breakdown could expose XRP to a liquidity zone extending toward $1.00.
Meanwhile, the analyst suggested that the potential decline could present a buying opportunity. Specifically, he noted that if XRP reaches $1.00, he would be ready to accumulate more tokens.
XRP Chart Highlights $1.28 as a Key Level The XRP/USD chart shows the token trading around $1.31. The $1.28 area near the 200-day moving average is serving as a key level to watch. Below it, the blue-shaded fair value gap extends toward $1.00, marking the downside zone highlighted by 360Trader.
The volume profile also shows concentrated trading activity around $1.35–$1.45, an area XRP may need to reclaim to strengthen its recovery attempt.
XRP daily chart showing it holding the 200-day (~$1.28) FVG + liquidity waiting down to $1.00 Can XRP Price Avoid a Drop to $1.00? Holding above $1.28 could help XRP stabilize, while a breakdown may bring the lower liquidity zone into focus. At press time, XRP was trading at $1.29, down 6% over the past week.
Meanwhile, many market commentators are also sharing this bearish outlook on X. For instance, commenting on 360Trader’s post, analyst ChartNerd reiterated his long-standing prediction that XRP would dip below $1 again in 2026.
$XRP to revisit $1 territory by EOY. https://t.co/Szu3VnaO7O
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) October 13, 2026
Likewise, analyst Gerla has warned that XRP’s outlook is weakening after the latest weekly candle fell below a key indicator. He noted that a move below the 200-day exponential moving average (EMA) would back bearish momentum.
However, reclaiming $1.37 could improve the outlook for XRP. The coin must also break above its weekly 50-period moving average near $1.49 to strengthen its recovery prospects.
Despite the weakness, historical patterns suggest that XRP is approaching the bottom of its bear cycle. Its monthly chart shows the price below the 50-period moving average but above the 100-period average near $0.84, leaving room for a retest of $1.00 or a further decline toward $0.84.
Hope Remains However, these analysts insist that their predictions concern only XRP price short-term performance and do not affect their long-term outlook.
For instance, 360Trader’s bearish post also references his longer-term expectations for growth in the cryptocurrency market. The analyst cited predictions that trillions of dollars could flow into the market, although the timing and potential impact on XRP remain uncertain.
XRP inflows to exchanges have hit seven-month highs as more than 6 billion tokens were deposited in the last 30 days.
Key points:
Rolling 30-day inflows to exchanges hit 6 billion XRP on Oct. 19, their highest value in seven months.The 90-day moving average of whale outflows fell to $49.7 million, its lowest levels in five years, as analysts see a lack of interest in the XRP/USDT pair.The realized profit/loss ratio has dropped 41% in October as rangebound trading conditions return.XRP whale interest absent as exchange inflows climb: AnalysisNew research from onchain analytics platform CryptoQuant reveals that on a rolling 30-day basis, XRP exchange inflows are at their highest since March.
In the 30 days to Oct. 19, inflows totaled 6.05 billion XRP and have doubled since mid-August. During this time, XRP/USD increased from around $1 to a maximum of $1.70 before correcting to the current levels around $1.30.
“The rise in total inflows to more than 6 billion XRP, reaching a seven-month high, signals a clear shift in asset movement toward exchanges. This could reflect increased trading activity and liquidity on these platforms, or a rise in the movement of XRP between wallets and exchanges,” CryptoQuant commented.
Further analysis covering exchange withdrawals from whales shows that XRP is “attracting less and less attention.” CryptoQuant suggests that large-volume investors may be waiting for more advantageous prices before increasing exposure.
The 90-day moving average of whale outflows hit a high of $3.5 billion in February 2025, shortly after XRP’s all-time high at $3.40. Since then, whale outflows are down 98.6% and the 90-day moving average currently stands at $49.7 million. This is its lowest value since October 2021.
“From a long-term perspective, this suggests XRP could lack buying volume without whale support,” CryptoQuant commented while acknowledging XRP’s “notable resilience” during the 2026 crypto bear market.
Bitcoin rangebound price action eases profit-takingOnchain data confirms that Bitcoin investors also stepped back in October as BTC/USD traded within a range between $80,000 and $87,000.
In its latest Market Pulse bulletin released on Monday, crypto analytics platform Glassnode reported reduced profit-taking across the Bitcoin investor base. The realized profit/loss ratio dropped from 0.8 to 0.4, a decrease of 50%, over the past week.
“This contrast demonstrates that profit realized activity cooled relative to loss realization onchain, highlighting a transition toward more subdued sentiment and diminished aggressive spending by market participants,” Glassnode summarized.
Bitcoin realized profit/loss ratio (screenshot). Source: Glassnode
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.
As XRP's official X account went live, Ripple President Monica Long shared a message celebrating the people who built around XRP before its broader potential became obvious.
Engaging with the XRP official account's post, Long wrote on X: "The best part has been watching people build on something before it was obvious. Welcome @xrp!" Long added, celebrating the latest social media milestone while highlighting the importance of early builders who continued developing around the digital asset before it attracted wider recognition.
The best part has been watching people build on something before it was obvious.
Welcome @xrp!
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— Monica Long (@MonicaLongSF) October 19, 2026
Long's comments pointed to the role developers, builders, and community members play in growing the XRP ecosystem. The cryptocurrency has 8,247,694 addresses, a sign of the ecosystem's growth, according to XRP Scan.
On October 19, 2026 in a historic milestone, XRP's official X account went live under the @XRP handle after more than a decade, drawing enthusiastic reactions from Ripple executives and the wider XRP community. This marks more than 14 years after the XRP Ledger was initially launched.
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In 2011, three engineers—David Schwartz, Jed McCaleb, and Arthur Britto—began developing the XRP Ledger (XRPL), which later launched for the first time in June 2012.
The official XRP account posted its first message on X on October 19, a short logo video with the words "hello, world. It's about time." The post passed 260,000 views in about an hour and has surpassed 4 million views in less than 24 hours.
"This one has been a long time coming," Ripple CEO Brad Garlinghouse said in reaction to the debut of the official XRP X account.
Warning issued amid XRP buzzIn an earlier post, Hussein Zangana (Vet) hinted at many great announcements lately from big companies and institutions around XRP and the XRP Ledger. "I think this will probably accelerate in the coming weeks," he added.
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In this regard, Vet urged the XRP community to be cautious of scammers using vanity addresses and tokens to sell to them in exchange for real XRP/RLUSD.
Users are urged to treat everything offered, or that they see on explorers, as suspicious by default. They can only know if an XRP account or asset is legitimate if the institution or company discloses it on their official press sites; in other words, they should verify all information from official sources.
XRP withdrawals below 10,000 tokens surged 6.6-fold on Binance, while reserves across three major exchanges increased by 120 million.
XRP withdrawal activity on Binance has changed quite a bit over the past few weeks. Between September 30 and October 20, withdrawals below 10,000 XRP grew from just 3% to 19.7% of total outflow value.
This figure represents a 6.6-fold increase and the highest level since October 2024.
A Shift in XRP Exchange Activity
At the other end, transfers above 1 million XRP lost ground. Their share of Binance outflows fell from 60% to 38.6%, according to CryptoQuant. Transfers between 100,000 and 1 million XRP moved in the opposite direction, as the figures rose from around 24% to 27%. Even with that shift, larger transfers still make up most of the activity.
Outflows above 100,000 units accounted for 65.7% of Binance’s total XRP outflow value. Coinbase also saw a sharp drop in its largest withdrawal category. The share of outflows involving more than 1 million units fell from 43% on September 30 to 12.5% on October 20, which is a 70.9% decline in relative terms.
But the change in withdrawal sizes is only part of the picture. XRP reserves have also been rising across three major exchanges. Between October 5 and October 20, Binance holdings increased from 2.60 billion to 2.66 billion. Upbit reserves climbed from 6.41 billion to 6.45 billion, while Bithumb went from 1.82 billion to 1.84 billion XRP.
The three exchanges added 120 million XRP, bringing their combined reserves to 10.95 billion tokens from 10.83 billion. Binance accounted for half of the increase.
“Together, the figures highlight a shift in the relative shares of smaller versus larger XRP withdrawals, alongside a renewed increase in exchange reserves. October 20 readings remain subject to final daily confirmation.”
Analysts Hold On to Bullish Bets
XRP has lost more than 5% in the last seven days amid broader market turbulence. Spot ETFs providing exposure to the crypto asset are also feeling the heat. The funds recorded zero net flows on Monday after ending the previous week with $1.84 million in withdrawals.
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Not everyone has given up on XRP. Vincent Van Code is seeing the market turbulence differently. He believes the past week’s sell-offs were part of a wider crypto shakeout that pushed weaker investors out. According to him, long positions were wiped out, short sellers jumped in, and those bets were then liquidated too. He expects fresh all-time highs across the market in the coming weeks, followed by a slower, steadier bull run.
Another analyst, EGRAG CRYPTO, is also sticking to his bullish outlook and said that the token could reach $7 to $9 at the cycle top, well above its 2025 peak of $3.65.
XRP whale outflows on Binance have fallen to their lowest levels since October 2021, showing that large holders have become much less active.
XRP Whale Outflows Reach 5-Year Low Notably, the 90-day moving average (90-dma) of XRP whale outflows now stands at $49.7 million, far below the levels recorded during the previous market rally.
In February 2025, when XRP traded near its cycle peak of around $3.30, the same metric reached $3.5 billion. Daily outflow spikes also regularly exceeded $10 billion, as large investors moved significant amounts of XRP away from Binance.
These withdrawals confirmed that XRP witnessed strong accumulation as whales transferred their tokens to private wallets. Since February 2025, however, whale outflows have declined steadily.
XRP whale outflows on Binance drop to levels last seen in 2021 The 90-day moving average has dropped from $3.5 billion to $49.7 million, returning to levels last seen in October 2021. This period coincided with the peak of the previous Bitcoin market cycle, when institutional interest began to weaken, and large investors pulled back from aggressive market positions.
This comparison raises questions about XRP’s current position in the market. Although past trends do not guarantee similar outcomes, the latest reading shows that large holders are far less active than they were during the previous rally.
Why Lower XRP Whale Outflows Matter for Price Action Whale outflows from exchanges such as Binance often indicate accumulation. Large holders withdraw their tokens into private wallets, reducing the amount of XRP available for immediate sale on exchanges.
When these withdrawals fall considerably, it may mean whales have slowed their buying activity and are waiting for better prices before committing more money.
XRP’s relative strength during the current bear market may help explain this change. During the previous downturns in 2022 and 2023, sharp price drops created deeper discounts that attracted large investors looking to build substantial positions.
This cycle has not offered the same opportunity, as XRP has held up better than several other cryptocurrencies. The resilience may have made it harder for whales to find a price that justifies large purchases.
Instead of accumulating XRP aggressively at current levels, large investors may be waiting for lower prices or better signs that the market is recovering.
The decline in whale outflows does not prove that large holders have stopped buying altogether. However, the drop in the 90-day average from $3.5 billion in February 2025 to $49.7 million in October 2026 shows how much their withdrawal activity has slowed.
XRP Price Decline Adds to Selling Pressure Currently, XRP trades at around $1.30, down approximately 61% from its cycle peak. The token has also fallen about 4.81% over the past seven days amid continued pressure on its price.
The lack of strong buying from whales could make a sustained recovery more difficult. Without greater demand from large investors, XRP may struggle to overcome selling pressure and maintain an upward move.
Meanwhile, on-chain data shows another challenge, confirming that approximately 60% of the circulating XRP supply has a realized price of around $1.48.
This means a large portion of circulating XRP last changed hands at prices above the current market level. If the price climbs toward $1.48, some holders may sell to recover their initial investment. This could create additional resistance.
Could Low Whale Outflows Signal a Market Turnaround? Despite the current weakness, history shows there’s room for a possible recovery. Markets sometimes turn around after trading activity and investor interest fall to very low levels. As selling pressure eases, new buyers can begin to influence prices even before market sentiment improves.
For XRP, the question is whether the sharp decline in whale outflows indicates a prolonged wait for better prices or the later stages of the current market downturn. A decisive push above $1.65 alongside stronger buying activity could improve the bullish outlook. On the other hand, a break below $1.27 could expose XRP to further losses.
XRP’s biggest buyers appear to have stepped away from the checkout counter.
According to on-chain analyst Darkfost, with data corroborated by CryptoQuant, XRP outflows from Binance to large-holder wallets fell to a 90-day moving average of roughly $49.7 million as of October 20, 2026. That is the weakest reading since October 2021, a five-year low for a metric widely watched as a gauge of whale accumulation.
The numbers behind the slowdown
The current reading looks thin next to recent history. In February 2025, the same 90-day measure peaked at approximately $3.5 billion.
During that stretch, there were multiple instances where outflows exceeded $10 billion.
A more complicated picture beneath the average
In late September 2026, whales accounted for approximately 82% of total centralized exchange outflows at one point. That share later tapered off.
In the weeks leading up to October 20, Binance and Upbit reserves together decreased by approximately 104.7 million XRP.
Why whales are sitting on their hands
Darkfost’s explanation centers on a counterintuitive culprit: XRP has held up too well.
The analyst attributed the slowdown to XRP’s relative price resilience during the current bear market. When prices refuse to fall much, large buyers have less reason to accumulate aggressively.
That contrasts with the bear market lows of 2022 and 2023. During those periods, deeper price drops created incentives for large-scale accumulation, and whales took advantage.
Darkfost suggests existing large holders are likely holding out for better entry points before committing more capital.
What this means for XRP’s buying support
Darkfost warned that XRP’s long-term buying volume support could weaken further without renewed whale participation.
The approximately 82% whale share of exchange outflows from late September showed large holders can still dominate flows when they choose to act.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
The National Cryptocurrency Association (NCA) has submitted a formal comment letter to the U.S. Treasury regarding Section 3 rules of the GENIUS Act, marking a significant step in clarifying stablecoin regulation.
Industry’s framework for stablecoin regulationStuart Alderoty, NCA President and Chief Legal Officer at Ripple, signed the document, confirming industry support for a one-hundred-percent reserve requirement for stablecoins. However, he emphasized the need for a practical approach to shield retail users from potential risks associated with regulatory changes.
Alderoty addressed the need to protect Americans from being “stranded holding stablecoins if regulations change.” The NCA proposes a safe-harbor mechanism: a designated period following any issuer’s license revocation or missed compliance deadline—such as the July 18, 2028 date—allowing users to redeem, sell, or convert their stablecoins without incurring losses. This measure aims to provide exchanges with the ability to assist users technically without facing accusations of unlawful trading during this window.
Retail holders must have a temporary window to redeem or convert their stablecoins if an issuer’s license lapses, ensuring they are not left vulnerable during regulatory transitions.
The comment letter also emphasizes the importance of clear legal pathways for recovering stolen assets. The NCA advocates permitting the reissuance of payment stablecoins, under a lawful court order, to replace those lost through theft or accidental transfers. This action would fall under the “except as required by a lawful order” clause, according to the association.
Mini dictionary: National Cryptocurrency Association (NCA), a U.S.-based industry group representing crypto sector interests in regulatory matters.
New boundaries for wallets and self-custodyThe NCA further outlined boundaries distinguishing custodial professionals from software developers. Under its proposal, providers of non-custodial wallets and simple balance-display interfaces that do not control private keys should not be classified as intermediaries or sellers by regulatory bodies.
Any transactions conducted directly between individual users or within their personal wallets should remain outside agency restrictions, maintaining the right to self-custody and peer-to-peer transfers.
Service TypeNCA Proposed ClassificationRegulatory ImpactCustodial wallet providersIntermediary/SellerSubject to agency rulesNon-custodial wallet softwareDeveloper/Interface onlyOutside agency restrictionsThe association recommends that direct peer-to-peer (P2P) transfers, internal account moves, and activity restricted to self-managed wallets be protected from federal intervention, preserving users’ fundamental rights in cryptocurrency management.
Implications for the retail marketBy submitting these recommendations, the NCA seeks to shift industry-regulator dialogue toward pragmatic solutions and clear separation of technological responsibilities. The association’s approach aims to define technology’s role while balancing regulatory objectives with market stability.
Market observers note that with this filing, industry leaders have effectively placed the onus for ensuring retail market stability on the Treasury Department. The agency will now determine the final strictness of stablecoin regulations in the coming months.
, /PRNewswire/ -- Bybit, the New Financial Platform trusted by more than 80 million users worldwide, is pleased to announce Phase 4 of its exclusive RLUSD Hold & Earn program, continuing its dual-token rewards extravaganza powered by Ripple on Bybit, boasting 1.3 million XRP in prizes in the latest round.
Bybit Renews RLUSD Hold & Earn Phase 4 with 1.3 Million XRP Rewards and Zero Fee From now until Nov 18, 2026, eligible Bybit users can hold RLUSD in their accounts and earn daily rewards in both RLUSD and XRP. Optimizing returns and convenience, no staking, lock-up, or subscription is required. The RLUSD/USDT pair on Bybit Spot also continues to offer 0% maker and taker fees throughout the phase.
Highlights - Phase 4
Dual Rewards: Participants earn RLUSD at a base APR of up to 3.75%, alongside XRP bonus rewards drawn from a 1.3M XRP prize pool, powered by Ripple. The XRP bonus is subject to a holding-duration multiplier of up to 2x for participants who continuously hold RLUSD for 90 days or more. Competitive APR: The total actual APR combines RLUSD Base APR, bonus APR from a 1.3 million XRP Prize Pool, plus XRP Base APR multiplier, offering up to 2x for 90+ days continuous holding. Zero-Fee Spot Trading: The RLUSD/USDT spot pair continues to waive both maker and taker fees. Same Simplicity: Qualified participants holding a minimum of 1 RLUSD in their Bybit account stand to earn rewards automatically. Rewards are distributed daily. RLUSD is a USD-pegged stablecoin issued by Ripple, fully collateralized by U.S. Treasury bills, USD deposits, and other cash equivalents, maintaining a stable 1:1 peg to the U.S. dollar. XRP is the native token of the XRP Ledger, co-founded by Ripple, designed for fast, low-cost cross-border payments.
Terms and conditions apply. Actual fee rates may vary by region, and users are advised to refer to the My Fee Rate page for accurate rates. For full details on the APR, multiplier, eligibility, and potential restrictions, users may visit: RLUSD Hold & Earn Phase 4 - Up to 3.75% APR on RLUSD and 1.3M XRP rewards
About Bybit
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XRP inflows to exchanges rose sharply over the past month, reaching a seven-month high as more than 6 billion tokens moved onto trading platforms. This surge in deposits comes at a time when outflows from large holders, known as whales, have dropped to their lowest levels in five years.
XRP inflows surge while whale activity slowsRecent analysis from CryptoQuant, a leading onchain data provider, shows that rolling 30-day inflows to exchanges reached 6.05 billion XRP as of October 19. This level has not been seen since March, with inflow volume doubling since the middle of August.
During this period, XRP’s price against the US dollar rose from around $1 to as high as $1.70 before sliding back to $1.30. While these inflows generally suggest increased activity and liquidity, they have not been accompanied by a commensurate rise in large-investor engagement.
“The rise in total inflows to more than 6 billion XRP, reaching a seven-month high, signals a clear shift in asset movement toward exchanges. This could reflect increased trading activity and liquidity on these platforms, or a rise in the movement of XRP between wallets and exchanges,” CryptoQuant stated.
Meanwhile, whale outflows—large-scale withdrawals by major holders—have plummeted. The 90-day moving average of whale outflows is now $49.7 million, marking its lowest level since October 2021 and representing a decline of 98.6% from the February 2025 peak of $3.5 billion, which followed XRP’s all-time high of $3.40.
CryptoQuant noted shrinking interest from large investors, suggesting whales may be waiting for more attractive price levels before accumulating additional XRP. The analytics firm indicated that without whale participation, buying volume could remain subdued despite the rise in exchange deposits. However, XRP demonstrated notable resilience during the last crypto market downturn in 2026.
Mini dictionary: CryptoQuant is an onchain analytics platform that provides blockchain data, metrics, and insights for digital assets, helping traders and analysts monitor market movements.
MetricCurrent (Oct)PeakDate of PeakXRP Exchange Inflows (30-day)6.05 billion–Mar 2026XRP Whale Outflows (90-day avg)$49.7 million$3.5 billionFeb 2025XRP All-Time High Price$1.70 (recent peak)$3.40Feb 2025Profit-taking slows in Bitcoin as rangebound trade continuesBitcoin investors appeared more cautious in October, with price movements confined between $80,000 and $87,000. This limited volatility contributed to a slowdown in realized profits for holders of BTC.
Glassnode, a blockchain analytics provider, reported in its latest Market Pulse bulletin that the realized profit/loss ratio for Bitcoin fell from 0.8 to 0.4 within the last week, marking a 50% decline. This drop points to a cooling of realized profit activity relative to losses, and reflects subdued sentiment among market participants.
According to the analytics platform, profit-taking activity has slowed compared to loss realization, signaling a transition toward a quieter market environment and a reduction in aggressive trading by holders.
Glassnode continues to monitor onchain profit and loss metrics as a way of measuring sentiment and positioning among Bitcoin holders. Such indicators provide insights into market psychology during periods of consolidation or volatility.
Mini dictionary: Glassnode is a well-known blockchain analytics company that supplies onchain market intelligence and metrics for various cryptocurrencies, assisting investors and traders in assessing market conditions.
XRP has come under renewed pressure in October, dropping from recent highs amid weakening institutional flows and shifting market sentiment. With less than two weeks left in the month, market watchers are now turning their attention to upcoming technical upgrades and anticipated ETF inflows to assess whether XRP can stage a recovery.
ChatGPT gives base case and scenarios for XRPTo gauge short-term prospects, ChatGPT has projected a central price target of $1.48 for XRP by October 31, with a wider trading range between $1.10 and $1.75. As of October 19, XRP changed hands at approximately $1.29. The AI model evaluated three possible outcomes for the rest of the month, assigning probabilities to each based on current trends and forthcoming events.
ChatGPT considers its base case the most likely scenario. It assigns a 50% probability to XRP closing in the $1.40 to $1.55 range, suggesting a potential gain of about 14.7% from current levels. Drivers cited include a scheduled technical upgrade of the XRP Ledger around October 23, Cross River Bank’s RLUSD integration, and prospects for renewed ETF inflows.
According to ChatGPT, these factors may improve sentiment and support a gradual price recovery, though the model does not expect a sharp or sustained rally as a result. Instead, it anticipates a measured rebound as opposed to uninterrupted upward momentum.
ChatGPT noted that the base scenario is likely to involve a gradual recovery driven by technical and institutional developments, rather than an abrupt surge in price.
Bullish and bearish cases examinedChatGPT assigns a 25% probability to a bullish outcome where XRP reaches the $1.60 to $1.70 zone, representing a potential increase of more than 30% from the current price. This scenario would require multiple positive catalysts to align, including consistent ETF inflows, a successful technical upgrade, strong performance across the crypto sector, and XRP breaking key resistance levels.
For the bearish scenario, also set at 25% likelihood, ChatGPT points to ongoing ETF net outflows as a primary concern. U.S. spot XRP ETFs recorded roughly $1.84 million in net outflows during the week ending October 16, which ended a 13-week inflow streak. A deeper market correction in Bitcoin or failure of bullish news to spark real buying could add pressure.
In volatile markets where major announcements or sudden altcoin listings can instantly shift momentum, investors often face the challenge of tracking charts, news, and portfolio data across multiple platforms. Many are now choosing consolidated, privacy-focused apps such as CryptoAppsy, which provide real-time charts, smart price alerts, coin-specific news, and key macro data on a single screen, without the need to create an account.
Key price regions and support levelsChatGPT identifies $1.25 as an important support level for XRP. A breakdown below this threshold could undermine hopes for a near-term recovery. For upside targets, the $1.35 to $1.40 region is viewed as the first recovery barrier; moving above this range would be necessary for any extended rebound.
The $1.50 mark stands out as a psychological milestone in the base scenario, while overcoming the $1.60 to $1.70 area remains critical for a more bullish trend to unfold.
A sustained move above key resistance zones is seen as essential for XRP bulls to regain momentum and push the price toward higher targets.
As new and major institutions continue to join the crypto bandwagon while adding support for major crypto assets, a leading European banking network has just sparked a buzz in the XRP community following a new development today.
According to recent reports, Germany's Sparkassen banking network has announced the launch of crypto trading services to its customers.
XRP trading expands to traditional European banksDue to the development, XRP is now integrated into the traditional European banking system alongside other major crypto assets including Bitcoin, Ethereum, Solana and Polygon.
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Following the launch, which happened on October 19, DekaBank will begin to provide the trading infrastructure needed for customers to access the crypto assets, while Börse Stuttgart's custody arm is responsible for safeguarding the digital assets.
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As such, customers of savings banks under the networking firm will be able to buy and sell cryptocurrencies through an app they already use for conventional banking.
With this, customers and potential users do not need to open a separate account with a dedicated crypto exchange before they can trade the supported cryptos.
Trading XRP, BTC, ETH, SOL and POL on SparkassenWhile the launch has brought the aforementioned crypto assets into the limelight, positioning them for broader adoption especially in the European region, access to the trading services is still limited.
According to reports, the launch does not mean that every Sparkassen customer can immediately trade XRP or the other supported cryptocurrencies.
Rather, the firm revealed that participation is being introduced gradually, with each regional savings bank deciding when to activate the service.
Crypto YouTuber EllioTrades warns that XRP will fall out of the top 10 cryptocurrencies by 2030 if Ripple and the XRP Ledger (XRPL) fail to grow in real-world asset (RWA) tokenization.
In a recent video, he explained that competing blockchains are moving ahead in areas such as digital bonds, stocks and other financial assets. He believes XRP needs more than partnerships with banks to stay competitive. It needs real businesses, investors and transactions using its network.
Why XRP Could Fall Behind
EllioTrades says stablecoins like USDT and USDC have challenged XRP’s role in international payments. Because stablecoins maintain a steady value, they can be more attractive for transferring money.
He also argues that Ripple’s partnerships with banks do not always benefit XRP holders directly. Some institutions use Ripple’s payment technology without making transactions on the XRP Ledger.
His main point is that Ripple’s success does not automatically mean XRP will become more valuable.
XRP Is Falling Behind in Tokenized Assets
Real-world asset tokenization means putting assets such as government bonds, stocks and commodities on a blockchain.
According to figures EllioTrades cited in his video, tokenized real-world assets had exceeded $50 billion across blockchain networks. He argued that networks such as Ethereum, BNB Chain and Solana were gaining ground while XRPL lagged behind.
He also questioned whether some assets counted toward XRPL’s tokenization figures were actually being traded actively. In his view, having assets worth billions of dollars on paper is not enough if few people are buying, selling or using them.
Three Things XRP Needs to Do
EllioTrades believes XRP must make three key changes:
Attract more tokenized assets. XRPL needs assets that people actively buy, sell and hold, not just large reported values.
Support developers. Ripple should invest more in projects and encourage developers to build useful applications on the XRP Ledger.
Bring in major financial institutions. Partnerships with firms such as BlackRock or Franklin Templeton could help attract more businesses and investment, provided their activity also creates value for XRP.
Could XRP Lose Its Top 10 Spot by 2030?
EllioTrades says XRP could lose its place among the world’s largest cryptocurrencies if rival networks capture most of the growth in tokenized financial assets.
However, he is not saying XRP will definitely fail. His warning is that the network needs to show real growth, attract more users and create stronger demand for the XRP token.
The bottom line is that XRP cannot rely only on its reputation for international payments or Ripple banking partnerships. To remain competitive through 2030, it needs more real-world use, active trading and adoption that creates actual demand for XRP.
A newly activated XRP wallet has received more than 82 million tokens in a single transaction, adding to the large transfers recorded on the XRP Ledger.
On-chain data shows that the wallet received 82,314,668 XRP worth more than $106 million. However, the identity of the wallet owner remains unknown, which leaves open the possibility that the funds could belong to a private investor, a large institution, or an exchange.
New XRP Wallet Receives $106 Million
On-chain records show that the XRP wallet r3p…ybc received exactly 82,314,668 XRP at 00:30 on October 20, 2026, worth more than $106 million at the time of reporting. The transfer activated the wallet, which has recorded no other transactions since receiving the funds.
XRP wallet gulps over 83 million tokens at once
Nearly 12 hours after the transfer, the wallet still held all 82.3 million XRP, with no recorded outflows. This means the tokens had not moved from the newly activated address during that period.
However, the available records do not reveal who controls the wallet and whether it belongs to an individual investor or a large institution.
The address that sent the funds, rN1…8uo, also holds a large amount of XRP. Despite transferring 82.3 million tokens to the new wallet, it retains approximately 142.7 million XRP worth $184 million at press time.
The transfer also marked the wallet’s first recorded outgoing payment since May 20, 2026. On that date, rN1…8uo sent 73 million XRP to another existing address, rpx…ZY1.
XRP Wallet Transfer History Reveals a Long-Standing Connection
Interestingly, the transaction history shows that rN1…8uo has consistently received its XRP from rpx…ZY1. This helps establish how the funds reached the newly activated wallet, although it does not reveal who owns the addresses.
Records show that rpx…ZY1 activated rN1…8uo in November 2025, sending it 10 XRP to open the account. Ten days later, the same address transferred 73 million XRP to the newly activated wallet. It followed that transfer with another 59.6 million XRP on Dec. 4, 2025, and then sent 73.9 million XRP on Dec. 12, 2025.
The pattern continued into 2026, with most transfers involving around 73 million XRP each. The latest transaction followed the same pattern of whale movements, as rN1…8uo sent the 82.3 million XRP to r3p…ybc from its existing balance.
These repeated transfers show that large XRP balances have moved between the connected wallets over several months.
Binance Connection
Tracing the transactions has not revealed the identity of the person or institution behind the wallets. However, the trail points toward Binance, as the address rpx…ZY1 was activated by a wallet linked to the exchange.
This connection leaves two possible explanations. An individual XRP whale may be using Binance to manage the funds, or Binance itself may have carried out the transfers. If the exchange controls the wallets, the movement could be part of an internal fund-rebalancing exercise, not a purchase by an outside investor.
Neither explanation has been confirmed. A wallet’s connection to an exchange does not necessarily mean the exchange owns the funds. Similarly, moving XRP between addresses does not automatically indicate buying or selling.
Latest Transfer Follows Earlier Large XRP Movements
The transaction also fits a trend discussed in an earlier report, which highlighted large XRP transfers that moved tokens away from exchanges.
Specifically, on Sept. 11, transactions involving at least 1 million XRP moved tokens worth approximately $165 million. This was the highest intraday total recorded since late February 2026. The latest transfer adds to the record of large XRP movements.
Bill Morgan, a well-known lawyer and commentator on digital assets, has questioned why some individuals continue to actively criticize $XRP online despite asserting that the asset is worthless.
Online debate on XRP criticism intensifiesWriting on X, Morgan highlighted the contradiction he sees in the behavior of XRP detractors. He pointed out that many individuals invest significant time repeatedly calling XRP a scam and attempting to spread negative sentiment, even though they claim not to believe in its value.
He suggested that such ongoing efforts to discredit XRP may indicate a deeper personal motive. Morgan asked, “What does it say about the value they place on their own time if they spend so much of their own time degrading a crypto asset that they believe has no value?”
Morgan proposed two primary explanations. He stated that critics may either be compensated for their activity or simply place low value on their own time. He added that the latter scenario could suggest a lack of critical thinking. He also considered, but dismissed, the possibility that critics are seeking higher engagement, noting that most of these accounts attract very limited attention.
Just think of the mentality of people who state XRP is a scam and has no value but spend hours and hours taking the trouble on the X platform to keep repeating this proposition and spreading FUD against XRP. What does it say about the value they place on their own time if they do this?
Morgan remains a prominent voice within the XRP community. He frequently comments on issues related to digital assets and is known for his critical perspective on industry narratives.
Morgan’s post triggered a wave of responses, with some participants challenging his reasoning. One user argued that some critics may actually hold XRP themselves, but oppose the exaggerated price projections and unproven claims that often surround the asset. The user noted that none of the bold price predictions about XRP have materialized, adding that certain critics may seek to protect less experienced investors.
Some critics hold XRP and post out of concern for new investors misled by hype and inaccurate forecasts.
Another contributor, Gio, supported Morgan’s psychological observations but shifted the discussion toward a fundamental question about Ripple’s strategic direction. Gio pointed out that Ripple, the US-based fintech company behind XRP, is moving further into enterprise-focused stablecoin platforms, notably with RLUSD. He questioned whether XRP can maintain its relevance if financial institutions are able to process transactions using tokenized fiat currencies, rather than XRP itself.
Gio asked, “Legally we won, but functionally, how does Ripple’s massive pivot into corporate stablecoins directly force enterprise demand back onto the native XRP token?”
Mini dictionary: RLUSD is Ripple’s proposed enterprise-grade stablecoin, designed to complement XRP by providing tokenized fiat settlement options for institutions. This stablecoin aims to enhance transaction speed and lower costs but raises questions about XRP’s continued centrality in Ripple’s corporate ecosystem.
AssetFunctionPrimary UsersXRPSettlement token for cross-border paymentsBanks, payment providersRLUSDEnterprise-grade stablecoin for fiat settlementBusinesses, financial institutionsXRP’s long-term role remains a point of debateMorgan invited readers to offer psychiatric perspectives that might explain the behavior of persistent XRP critics. The resulting discussion included arguments over ethical motivations, the impact of hype on investors, and questions about XRP’s underlying utility within the wider Ripple platform. The debate reflects an ongoing divide over the future and function of XRP as Ripple adapts its business model for institutional use.
Crypto analyst Darkfost reported that XRP whale outflows on Binance have fallen to their lowest level in five years based on the 90-day moving average. Withdrawals from exchanges by large XRP holders continue to decline.
The relatively quiet market may indicate that major investors are waiting for more attractive prices before increasing their exposure. In this passive market environment, more XRP holders are choosing the UE Crypto cloud mining platform to generate passive income.
Exchange outflows record assets moving from trading platforms to external addresses. Analysts sometimes examine large withdrawals for potential evidence of accumulation, although withdrawals do not establish who ultimately owns the transferred tokens or whether the transaction represents a purchase. Transfers between internal and external exchange wallets, custody arrangements, and other operational activities can all affect flow data. Therefore, declining outflows mean that large holders have stopped buying XRP and turned to other platforms offering more challenging yet stable returns.
Darkfost interpreted the five-year low as a sign of a significant slowdown in whale activity. He believes that XRP‘s relative resilience during the downturn may be causing potential buyers to wait for prices they consider more attractive. The 90-day moving average reduces the influence of sporadic daily transfers and tracks activity over a longer period. Because the indicator incorporates approximately three months of observations, the decline does not describe only the behavior of the most recent day.
The reported low in outflows should not be confused with a decline in exchange inflows. Deposits and withdrawals move in opposite directions, and neither indicator alone can determine the volume of spot market purchases.
Despite the slowdown in exchange withdrawals, the XRP price chart still shows weak buying momentum. According to CoinGecko market data, at the time of writing, XRP was trading at approximately $1.30, with a market capitalization of nearly $82 billion and daily trading volume of approximately $1.28 billion. The 24-hour trading range was between $1.29 and $1.32, while the seven-day range extended from $1.26 to $1.38.
XRP’s weak price performance has made UE Crypto cloud mining a new option for investors.
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Through cloud mining, users can participate in the operation of blockchain infrastructure and earn returns according to predefined rules, creating a cash-flow-oriented participation model without deploying dedicated mining hardware or possessing advanced technical knowledge.
Compared with traditional mining models, cloud mining can reduce the burden on users of purchasing mining equipment, arranging electricity supplies, maintaining hardware, and handling daily operations. The platform is responsible for computing power allocation, technical maintenance, and related operational work. Users can select suitable computing power plans according to their needs and monitor relevant operational data and earnings through an automated system, making participation in digital asset mining more convenient.
About UE Crypto
Founded in 2015 and headquartered in the United Kingdom, UE Crypto states that its operations follow relevant European regulatory frameworks, including the Markets in Crypto-Assets Regulation (MiCA) and the Markets in Financial Instruments Directive II (MiFID II). The company also continues to improve transparency, operational standards, and user protection mechanisms.
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Annual financial and security audits conducted by PricewaterhouseCoopers (PwC).
Custodial digital asset insurance provided by Lloyd’s.
Enterprise-grade security solutions from Cloudflare and McAfee®.
Bank-grade data encryption and professional security infrastructure, providing multiple layers of protection for user assets and accounts.
UE Crypto currently supports a range of mainstream crypto assets, including XRP, BTC, ETH, USDT, BNB, ADA, USDC, DOGE, LTC, and SOL, providing users with more flexible ways to participate in digital asset services.
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Conclusion
Founded in 2015 and headquartered in London, United Kingdom, UE Crypto is a globally leading innovative cloud computing platform. UE Crypto brings together a top-tier team of experts. We are committed to building a secure, efficient, and intelligent digital asset ecosystem while continuously advancing technological innovation and service development. The platform has deployed hundreds of advanced data centers across multiple countries and regions, including the United States, Germany, the United Kingdom, Australia, Canada, Brazil, Iceland, Kazakhstan, and Argentina. This extensive global infrastructure network provides users worldwide with unparalleled stability and reliable, high-performance service support.
UE Crypto has always regarded “compliant operations” as the lifeblood of its development. We strictly comply with the laws and regulations of various countries, fully implement the highest international compliance standards, and maintain close and constructive cooperation with major regulatory authorities worldwide. We are committed to building a secure, transparent, and sustainable digital asset future and strive to become a benchmark for compliance and trust in the industry.
Guided by the core values of “green, intelligent, open, and sustainable,” UE Crypto is committed to leading the global blockchain energy revolution. Through innovative cloud computing architecture and decentralized finance (DeFi) technology, we are working to advance the development of an efficient, low-carbon computing ecosystem. We are reshaping the future of an open and shared digital economy while continuously creating long-term value for users worldwide.
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Germany’s Sparkassen savings banks have launched a new feature that lets users at select institutions trade five leading cryptocurrencies without the hassle of a new brokerage account.
Summary
Germany’s Sparkassen savings banks began offering cryptocurrency trading through their existing banking app on October 19, 2026.
The service supports Bitcoin, Ethereum, XRP, Solana and Polygon, with a reported €0.99 order fee plus trading spreads.
DekaBank provides trading and custody, while participating savings banks decide individually when to introduce the service.
More than 230 institutions have reportedly expressed interest, with 30 to 40 additional banks expected to join each month.
Customers retain exposure to cryptocurrency losses, and the assets do not qualify for Germany’s statutory bank deposit insurance.
According to DekaBank’s official product information, the service, called “Krypto, powered by Deka,” allows eligible customers to trade Bitcoin, Ethereum, XRP, Solana and Polygon directly within the Sparkasse app. The service launched on October 19, 2026, at select Sparkassen savings banks, with more institutions expected to join in phases.
Customers can access the service through the app’s investment section and open a dedicated cryptocurrency account with DekaBank. Trading is available to adult customers who make their own investment decisions, while the savings banks will not provide cryptocurrency investment advice.
The rollout follows an earlier decision by the German Savings Banks and Giro Association to permit its member institutions to offer cryptocurrency services. Each savings bank can decide independently whether and when to introduce trading for its customers.
Sparkassen begins cryptocurrency trading with five tokens
The new service allows Sparkassen customers to purchase and sell five digital assets through a familiar banking interface.
Bitcoin and Ethereum are included alongside XRP, Solana and Polygon’s POL token. DekaBank’s product page identifies the assets individually and explains the main blockchain networks associated with each cryptocurrency.
JUST IN: Germany’s Sparkassen bring spot crypto trading to 42M depositors
The savings bank network is enabling customers to buy, sell and hold $XRP, $BTC, $ETH, and $SOL directly, under BaFin oversight and the EU’s MiCA framework. pic.twitter.com/tOdJrhJkH7
— crypto.news (@cryptodotnews) October 19, 2026
Customers do not need to open a conventional securities brokerage account to begin trading. They must, however, open a separate cryptocurrency account with DekaBank inside the Sparkasse app before placing their first order.
The service operates through the investment section of the banking application, where users can view their cryptocurrency account and initiate purchases or sales. DekaBank provides a binding quoted price for a limited period, allowing customers to review the transaction before proceeding.
Unlike stock markets with fixed trading sessions, cryptocurrency markets operate throughout the week. DekaBank says its service can generally support trading outside ordinary exchange hours, provided the underlying systems remain available.
The bank warns that technical problems, maintenance periods and unusual market conditions can interrupt trading. Customers might therefore be unable to complete transactions at their preferred time or price.
The launch follows a change in the savings-bank group’s approach to cryptocurrency products. German savings banks previously avoided retail cryptocurrency trading because of concerns about market volatility and investor protection.
In June 2025, crypto.news reported Sparkassen’s earlier decision to prepare cryptocurrency services for retail customers through DekaBank. The October 2026 launch puts that decision into operation at the first participating institutions.
DekaBank charges €0.99 per order plus trading spreads
The reported order charge is €0.99 per transaction, but the fixed fee does not represent every possible cost of trading.
DekaBank provides customers with quoted purchase and sale prices, which can include a spread between the buying and selling rates. The effective cost of a transaction therefore depends on both the fixed order fee and the quoted price available when the customer trades.
For a hypothetical €50 purchase, the €0.99 fixed order charge alone represents 1.98% of the order amount. On a €500 transaction, the same charge represents 0.198%, before accounting for the trading spread.
The difference illustrates how the fixed fee can have a larger percentage impact on smaller purchases. The calculations use only the reported €0.99 charge and do not estimate the separate spread, which can change between transactions.
DekaBank says it offers a binding price for a limited period before each trade. Customers can review that quote inside the app, although a price that is available at one moment may no longer be available after the quoted period expires.
The service is intended for self-directed investors, and Sparkassen advisers will not recommend individual cryptocurrency purchases through the product. Customers must therefore decide which assets to buy, how much to invest and when to sell.
The bank’s risk information warns that cryptocurrency prices can change substantially within a short period. Market conditions may cause investors to lose their entire investment, including when transactions take place through a regulated banking institution.
Sparkassen’s traditional savings accounts, securities services and financial advice will remain separate from this cryptocurrency offering. The banks have said they do not intend to promote the new product aggressively during the initial rollout.
DekaBank handles crypto custody with transfer restrictions
Customers purchasing cryptocurrencies through the Sparkassen app will not control the private keys securing those assets.
DekaBank’s product documentation states that the institution holds the keys on customers’ behalf through a jointly managed omnibus wallet. An omnibus arrangement holds assets for multiple customers within a shared custody structure while the provider maintains the corresponding account records.
The bank says its cryptocurrency custody arrangements are centralized, with external infrastructure support involving Boerse Stuttgart Digital. Customers can view their positions through the Sparkasse app while DekaBank provides the custody service.
The arrangement differs from a self-custody wallet, where an investor independently manages the private keys needed to transfer digital assets. Sparkassen customers rely on the bank’s custody arrangements and its rules governing permitted transfers.
According to DekaBank’s documentation, cryptocurrency withdrawals are allowed only to wallet addresses belonging to certain approved crypto-asset service providers. Transfer to other wallet addresses are not included, thus customers are not able to liberally withdraw assets to any personal wallet address they choose.
The limitation is a crucial aspect of the new service. While buying a cryptocurrency using the app does give you some flexibility in transferring, it is not as flexible as that of a site that allows you to transfer as you please.
DekaBank is registered as a crypto-asset service provider under the European regulations and acts in accordance with the German financial regulations. The European Union’s Markets in Crypto-Assets Regulation (MiCAR) introduces new regulations for companies that offer services in the crypto-asset sector, including those that act as custodians and traders.
Regulatory oversight will not change the losses that can be suffered from fluctuations in the price of cryptocurrencies. DekaBank expressly disclaims that cryptocurrencies are covered by the statutory deposit insurance that applies to certain deposits in banks.
The institution detects risks related to the technology, market changes, and attacks on the blockchain infrastructure. While professional custody may limit some of the functions of customers, the assets are not in any way comparable to insured savings deposits.
Sparkassen plans to add 30 to 40 banks each month
The October 19 launch covers only a small part of the Sparkassen network.
Initial reporting identified five participating savings banks, including Frankfurter Sparkasse, Taunus Sparkasse, Sparkasse Karlsruhe, Sparkasse Rottal-Inn and Niederrheinische Sparkasse RheinLippe. More than 230 savings banks have reportedly expressed interest in offering the cryptocurrency product.
The network plans to add approximately 30 to 40 institutions each month as technical preparations and individual decisions are completed. Most institutions intending to participate are expected to introduce the service by the first half of 2027.
Participation is not compulsory. Customers whose savings bank has not yet activated the product may need to wait for their own institution to introduce it before they can open a Deka cryptocurrency account through the app.
Based on a reported network total of 339 savings banks, the five initial participants represent approximately 1.5% of institutions. The calculation measures institutional availability at launch, not the percentage of customers with access or the number who have completed cryptocurrency transactions.
Likewise, expressions of interest from more than 230 banks do not mean all those institutions currently offer the service. Their eventual participation will depend on individual rollout decisions and implementation schedules.
Germany’s savings banks are entering a market where traditional financial institutions have begun introducing regulated cryptocurrency services. The Sparkassen product provides trading access through an existing retail banking channel while relying on DekaBank for the specialized operational functions.
Germany ranks 13th in global cryptocurrency adoption
Germany placed 13th in Chainalysis’ 2026 Global Crypto Adoption Index, which examined cryptocurrency activity across 117 countries.
According to the blockchain analytics firm’s 2026 research, Germany ranked 12th for total cryptocurrency flows, fifth for balances, 15th for domestic peer-to-peer activity and 15th for cross-border flows. Its overall position reflects a combination of the four measures.
Top 20 countries by grassroots adoption, source: Chainalysis
The index covers activity between July 1, 2025 and June 30, 2026, predating the Sparkassen cryptocurrency launch. It therefore provides historical market context without measuring the impact of the new banking service.
Chainalysis uses transaction data, estimates of service activity and measures adjusted for economic conditions to compare national markets. The ranking does not represent the percentage of German residents who own cryptocurrency.
DekaBank’s published information separately addresses how cryptocurrency gains may be taxed in Germany. It identifies a €1,000 annual exemption threshold for applicable private disposal transactions under the rules described on its website.
The threshold is not a general tax-free allowance automatically available to every cryptocurrency transaction. Tax treatment can depend on holding periods, the type of transaction and an individual’s circumstances.
The bank advises customers that cryptocurrency tax requirements may change as laws and administrative interpretations develop. Its support service is available Monday through Thursday from 8 a.m. to 6 p.m. and Friday until 5 p.m., according to the customer information.
Germany's Sparkassen savings banks have launched crypto spot trading in their banking app via DekaBank, covering Bitcoin, Ethereum, XRP, Solana and Polygon at €0.99 per order.
Germany's Sparkassen savings banks began offering crypto spot trading in their banking app on October 19, rolling the service out in phases through DekaBank. The service supports $BTC, $ETH, $XRP, $SOL and $POL.
The offering is called "Krypto – powered by Deka". According to Coinpaprika, the German Savings Banks Association (DSGV) confirmed the start to the news agency dpa, and only customers of banks that have already switched the service on can use it.
How the Sparkassen crypto service worksDekaBank is the securities house of the Sparkassen. E-Fundresearch reports that each order costs €0.99 and a securities account is not required. Trading and custody run centrally through Deka's wallet, and the service is based on a MiCAR licence DekaBank received from BaFin in 2025.
Spreads are an extra cost. Block-Builders notes that Deka does not state the size of the spread in its product materials, which makes total costs hard to compare with other providers.
Customers do not hold their own keys. Bitcoin.com's German edition reports that DekaBank holds the coins in cooperation with Börse Stuttgart, and withdrawals are possible only to wallets at certain approved crypto service providers.
Phased rollout and risk warningsThere is no single nationwide start date. Golem reports that, according to the DSGV, 30 to 40 more savings banks are due to join each month, and the association aims to have a large share of interested institutions connected in the first half of 2027. DSGV board member Joachim Schmalzl said each Sparkasse decides for itself when to start.
The product is aimed at self-directed customers. Golem adds that the DSGV does not plan advice or broad active promotion of the service. Regional outlet Stadt Bremerhaven reports that the app explicitly warns of extreme price swings and the possible loss of the entire investment.
The launch gives customers of Germany's public savings banks a regulated route into major cryptocurrencies inside an app they already use, though with custody and withdrawal limits that differ from self-custody or a standalone exchange.
Sources:
Golem: Sparkassen starten KryptohandelE-Fundresearch: DekaBank startet Kryptohandel für Sparkassen-KundenCoinpaprika: Sparkassen start crypto trading in app
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
In brief
XRP Ledger developers are patching its new lending protocol before it goes live, adding a follow-up amendment to fix the original LendingProtocol code while it’s still in the network’s voting queue.
The protocol enables on-chain, fixed-term, uncollateralized loans using pooled funds and “first-loss capital” to absorb defaults, relying on off-chain underwriting rather than automated collateral; amendments need 80% validator support over two weeks to activate.
The pre-launch fix follows a recent near-miss when developers patched a dormant payment-engine bug that could have minted counterfeit XRP.
The XRP Ledger is patching its new lending feature before a single loan has been written on it, adding a second code amendment to repair the system while it waits in the network’s approval queue.
The ledger’s lending protocol, a DeFi building block that enables on-chain, fixed-term, uncollateralized loans drawn from pooled funds, was introduced through an amendment called LendingProtocol that is still open for validator voting.
Myriad: Where does Solana go next? Click to make your prediction.Rather than wait for that version to go live and then fix it, developers have published a follow-up, LendingProtocolV1_1, that corrects issues in the original before it ever takes effect. The documentation now lists both amendments as requirements for the feature, meaning the network would adopt the repaired version from the start.
The approach reflects how changes reach the XRP Ledger. New features and fixes ship as amendments that must earn support from at least 80% of trusted validators over a two-week period before activating.
Because the original lending code hasn’t cleared that bar yet, patching it with a second amendment avoids launching a known-flawed system onto the live network, then scrambling to repair it afterward.
The protocol itself is built for institutional-style credit rather than the collateral-and-liquidation model common in DeFi. It relies on off-chain underwriting to vet borrowers and uses “first-loss capital,” a buffer a loan broker puts up to absorb the initial hit from defaults, in place of automated on-chain collateral. Issuers retain compliance tools, including the ability to freeze accounts or claw back funds.
The caution follows a close call elsewhere in the ledger’s code. Developers recently disclosed and fixed a critical bug in the XRP Ledger’s payment engine that could have let an attacker mint counterfeit XRP, a flaw that sat dormant for roughly a decade before a researcher flagged it. Fixing the lending code pre-launch fits a more cautious posture around new functionality.
The lending feature is part of a broader buildout of credit and DeFi capabilities on the XRP Ledger, which has been adding the financial-market plumbing Ripple and others have long said it lacked.
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In brief XRP Ledger developers are patching its new lending protocol before it goes live, adding a follow-up amendment to fix the original LendingProtocol code while it’s still in the network’s voting queue. The protocol enables on-chain, fixed-term, uncollateralized loans using pooled funds and “first-loss capital” to absorb defaults, relying on off-chain underwriting rather than automated collateral; amendments need 80% validator support over two weeks to activate. The pre-launch fix follows a recent near-miss when developers patched a dormant payment-engine bug that could have minted counterfeit XRP. The XRP Ledger is patching its new lending feature before a single loan has been written on it, adding a second code amendment to repair the system while it waits in the network’s approval queue.
The ledger’s lending protocol, a DeFi building block that enables on-chain, fixed-term, uncollateralized loans drawn from pooled funds, was introduced through an amendment called LendingProtocol that is still open for validator voting.
Myriad: Where does Solana go next? Click to make your prediction.Rather than wait for that version to go live and then fix it, developers have published a follow-up, LendingProtocolV1_1, that corrects issues in the original before it ever takes effect. The documentation now lists both amendments as requirements for the feature, meaning the network would adopt the repaired version from the start.
The approach reflects how changes reach the XRP Ledger. New features and fixes ship as amendments that must earn support from at least 80% of trusted validators over a two-week period before activating.
Because the original lending code hasn’t cleared that bar yet, patching it with a second amendment avoids launching a known-flawed system onto the live network, then scrambling to repair it afterward.
The protocol itself is built for institutional-style credit rather than the collateral-and-liquidation model common in DeFi. It relies on off-chain underwriting to vet borrowers and uses “first-loss capital,” a buffer a loan broker puts up to absorb the initial hit from defaults, in place of automated on-chain collateral. Issuers retain compliance tools, including the ability to freeze accounts or claw back funds.
The caution follows a close call elsewhere in the ledger’s code. Developers recently disclosed and fixed a critical bug in the XRP Ledger’s payment engine that could have let an attacker mint counterfeit XRP, a flaw that sat dormant for roughly a decade before a researcher flagged it. Fixing the lending code pre-launch fits a more cautious posture around new functionality.
The lending feature is part of a broader buildout of credit and DeFi capabilities on the XRP Ledger, which has been adding the financial-market plumbing Ripple and others have long said it lacked.
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The XRP Ledger’s native lending feature hasn’t launched yet. It is already getting a patch.
Developers have published a second amendment to fix the ledger’s new uncollateralized lending system. The original version is still waiting for validators to approve it.
What the new amendment changes The fix is called LendingProtocolV1_1. It arrived with xrpld version 3.4.0, which went out between September 16-17, 2026.
The release also bundled a separate package called fixCleanup3_4_0.
LendingProtocolV1_1 makes two structural changes to how lending on the ledger works. The first introduces closed-ended vaults for fixed-term loans.
Under the update, these vaults move through three distinct phases: subscription, investment and redemption. Lenders commit capital during the subscription window. That money is then deployed into loans during the investment phase, and returned during redemption.
The second change is about accounting. Vaults will now operate on a cash basis. Under the revised rules, interest only counts once a borrower actually pays it. It is no longer booked the moment a loan is originated.
A crowded queue at the validator gate The update refines two core amendments still pending approval: LendingProtocol and SingleAssetVault. Together with the new V1_1 fix, that makes three lending-related amendments sitting in the queue.
As of October 18-19, those three lending amendments had collected 19-21 validator votes each. That is out of roughly 36 trusted validators. Activation requires about 29 votes, which corresponds to an 80% threshold.
The 80% bar is not a one-time hurdle. Support has to be sustained above that level, and if it slips below, the voting period resets.
The contrast with fixCleanup3_4_0 is striking. That package has reached validator support near the required 80%, and it is projected to activate on October 23, 2026.
How the lending system is designed The LendingProtocol framework enables uncollateralized, fixed-term loans funded from pooled single-asset vaults. Loan terms are enforced on-chain, but underwriting happens off-chain.
The SingleAssetVault amendment provides the pooled vault infrastructure underneath. LendingProtocol builds the loan mechanics on top, and V1_1 now adjusts how both behave in practice.
What this means for XRP and on-chain lending With the lending amendments sitting at 19-21 votes against a requirement of about 29, there is no clear activation date.
Because V1_1 refines the core amendments, validators effectively need to be comfortable with the whole stack, not just one piece of it.
The fixCleanup3_4_0 activation projected for October 23 shows that the validator set can reach the 80% threshold when it agrees on a change, which puts the lending package’s slower progress in sharper relief.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Crypto analyst Mason Versluis recently addressed critics who doubt the possibility of XRP reaching the $5 mark. He argued that since XRP has already exceeded $3.50, skepticism about hitting $5 lacks a logical basis.
XRP’s price history and recent milestonesXRP previously surpassed $3 during key moments in its trading history. The asset first broke this level in 2018, when it reached an all-time high amid a bull market. In January 2025, XRP climbed above $3 again following a rally of more than 500% at the end of 2024, solidifying its status as the market’s third-largest cryptocurrency for a time.
By July 2025, XRP set a new record high at $3.65. These price movements followed prolonged periods of sideways trading, with XRP repeatedly demonstrating the ability to rebound and build strength above significant resistance levels.
The prospect of XRP reaching $5 represents an increase of roughly 37% over its current record price. Several industry analysts maintain that such a move would be well within the range of what the asset has accomplished before. For a cryptocurrency known to have posted gains of several thousand percent in a single cycle, this next milestone is viewed by some as a natural extension of its historical performance.
Since XRP has already surpassed $3.50, dismissing a $5 target out of hand appears inconsistent, especially considering the asset’s previous cycles of rapid appreciation.
The discussion sparked a variety of reactions within the XRP community. Zach Rector, a well-known commentator, expressed support for Versluis’s position. Others concurred that $5 is achievable, while cautioning that predicting exact timing remains uncertain due to unpredictable market factors.
Some community members remain skeptical. One argued that a decade of historical data points to XRP’s persistent underperformance compared to leading assets like Bitcoin and Ethereum. This viewpoint highlighted that XRP has struggled to reclaim its 2018 peak, suggesting that a move beyond $5 might not occur before 2030.
Another critic dismissed bold price targets altogether, accusing some advocates of making unsupported predictions. Additional voices noted that as each year passes, inflation and changing market dynamics may lower the likelihood of new highs being reached in the near future.
Questions were also raised about the length of time XRP took to reach prior milestones, with one user observing it might take substantially longer to rise from $3.50 to $5. Meanwhile, other market participants pointed out that XRP has never managed to sustain a position above $3 for an extended period, making it an outlier compared to other cryptocurrencies that have established new trading ranges over time.
Changing landscape for crypto investorsMonitoring shifting price levels and market sentiment has become increasingly important, as sudden changes such as a Federal Reserve announcement or a rapid listing of smaller coins can impact prices within seconds. Rather than juggling separate applications for charting, news, and portfolio management, many traders now use all-in-one privacy-focused tools like CryptoAppsy. This service allows users to access real-time charts, customizable alerts, coin-specific news, and macroeconomic data from a single interface, with no account registration required.
Several community members believe the $5 mark is achievable, though the precise timeline remains uncertain, as XRP’s journey to previous highs took several years and required significant market catalysts.
XRP faced renewed selling pressure despite Ripple Prime’s reported entry into the Depository Trust & Clearing Corporation’s (DTCC) tokenization initiative, with the token declining 0.24% to $1.3040 over the past 24 hours. The recent announcement has not spurred a price rally, leaving traders focused on critical technical levels and market reaction.
Ripple Prime’s DTCC Participation Under ScrutinyA post from analyst Amonyx called attention to Ripple Prime, a division of Ripple Labs specializing in institutional solutions, joining the DTCC’s new asset tokenization initiative. The DTCC, the leading US post-trade financial services company, reportedly manages $114 trillion in assets under custody.
However, the details released so far do not indicate that XRP itself will be used directly in the tokenization process. Market observers noted that while Ripple’s involvement in the project highlights its institutional growth, speculation over XRP’s role remains unresolved.
Ripple’s participation in the DTCC’s tokenization initiative has drawn attention to institutional adoption, but the announcement does not confirm direct integration of XRP in the project, leaving investors watching for further clarity.
Amonyx emphasized the scale of the DTCC initiative, underlining the significance for $XRP, but acknowledged that excitement remains contingent on whether the program creates tangible utility for the token.
Mini dictionary: DTCC – The Depository Trust & Clearing Corporation is the central infrastructure provider for clearing, settlement, and information services for US financial markets. It is widely regarded as a backbone of the traditional securities industry, handling trillions of dollars in daily transactions.
Technical Levels: Key Support and ResistanceFollowing a September rally, XRP has lost momentum, falling below the 50-day moving average at $1.4144 and trading near its 200-day moving average at $1.2800. Technical analysts pointed out that the 200-day line is now a crucial support level. A sustained hold above it could stabilize the price; however, a further decline would likely increase downside risk.
Resistance sits at $1.4144 and a stronger barrier at $1.4895. Any move above the 50-day average may shift momentum toward the bullish side, while remaining below this level leaves the token exposed to further consolidation.
Price LevelSignificance$1.2800200-day moving average, key support$1.414450-day moving average, immediate resistance$1.4895Major resistanceDerivatives Data and Market ActivityCoinGlass derivatives data showed a decline in open interest from late September highs, moving alongside XRP’s falling price. This trend suggests a reduction in outstanding futures positions, but does not definitively signal whether the futures market is leaning bullish or bearish.
Trading volumes have also eased from previous peaks, with occasional spikes persisting. This indicates that October’s price drop has occurred without a sharp increase in trading activity compared to earlier periods.
XRP’s lower open interest and subdued volume reflect reduced speculative interest following September’s activity, leaving traders awaiting fresh catalysts.
ETF Flows: Outflows Temper SentimentAccording to data provider SoSoValue, XRP spot ETFs recorded a net outflow of $2.47 million on October 16, 2026. By that date, total net assets of these funds reached $1.47 billion, with cumulative inflows standing at $1.80 billion.
The negative daily flow signals near-term selling pressure, even as the longer-term picture remains positive due to the sum of inflows. Analysts noted these figures pertain to transactions through October 16, and do not guarantee the trend continues in subsequent days.
DateDaily Net FlowTotal Net AssetsCumulative Net InflowOctober 16, 2026-$2.47 million$1.47 billion$1.80 billionShort-Term Outlook and Next StepsXRP’s immediate prospects depend on whether buyers can defend the $1.2800 support and recover the $1.4144 resistance. The moving average convergence divergence (MACD) indicator remains negative, with the MACD line at -0.0367 below the signal line at -0.0210 and the histogram at -0.0157, sustaining a bearish momentum profile.
A recovery above the 50-day moving average could trigger renewed upward momentum toward $1.4895, while a break below the 200-day moving average would reinforce the risk of further declines.
Ripple Prime’s institutional partnership narrative has influenced market sentiment, but traders are seeking clearer evidence of direct XRP utility or investment inflows before adopting a more bullish stance. Volatility remains high, with key levels and derivative data playing a central role in the near-term XRP market outlook.
XRP is once again in the spotlight as analyst ChartNerd has reiterated his bearish outlook, warning that the digital asset faces renewed risk of sliding back to $1 by the end of 2026. After accurately predicting XRP’s drop below $1 earlier in the year, ChartNerd now points to fresh signals that could indicate another significant retracement is on the horizon.
Warning signs for XRP intensifyXRP is currently priced at $1.27, recording a 1.9% decrease over the past 24 hours. According to ChartNerd, the asset is showing what he describes as “early warning signs that the pathway toward a deeper retrace to $1 is opening.” He indicated that these signals have been on his radar for over two months as market structure has weakened.
The asset is currently sitting at a key local support between $1.25 and $1.30. ChartNerd stated that to shift the wider outlook to bullish, XRP would need a weekly close above $1.34. Barring this, the risk of further declines remains.
ChartNerd highlighted, “We’re seeing early warning signs that the pathway toward a deeper retrace to $1 is opening. This development has been monitored for more than two months. Price remains near local support, but only a weekly close above $1.34 can negate the risk of a deeper retreat.”
Key resistance and downside targetsLooking at technical levels, ChartNerd identifies $1.45 as a crucial resistance to overcome should local support hold. He warns that even a short-term recovery below this threshold and under the 50-week EMA is likely to be temporary, potentially leading to a retest near $1.
ChartNerd’s base scenario assigns the cycle low at approximately $0.98. He also acknowledges that targets of $0.90 and $0.70 are not out of the question, though these are considered less probable. Other analysts have set even lower targets for XRP, suggesting bottoms as deep as $0.65, highlighting a diversity of views within the community.
The analyst maintains that a reclaim of the 50-week EMA is necessary before any substantive recovery in XRP’s price can be validated.
Community perspectives and contrasting viewsThe response from the wider XRP community has been mixed. Some traders argue that the $1.34 level is unlikely to hold, projecting a weekly close around $1.24. Others point to the recent test of $1.25 and question whether support in this range will remain intact.
A few community members have gone further, calling for deeper declines toward $0.88 or even $0.589. Meanwhile, others urge caution in following bearish predictions too closely, emphasizing possible positive catalysts such as the upcoming Swell conference.
One observer contends that market sentiment is divided: while some expect continued weakness, catalysts like major industry events could quickly shift momentum to the upside.
Broader context: meme tokens and timingAmid technical scrutiny, the timing and selectivity of investments play a crucial role not only in major assets like XRP but also in the rapidly changing meme token sector. In recent activity tracked by Fomo App, a trader achieved a remarkable result by turning $99 into roughly $370,000 through an early position in the trending “Niu Lai” token. This case underscores the dramatic influence of viral trends and highlights the importance of monitoring both price levels and investor actions. Platforms such as Fomo App have emerged to centralize token discovery and execution, offering features like social feeds, investor rankings, and trade notifications for those seeking to follow meme token dynamics and associated investor activity.
Next moves for XRPWith XRP currently retesting local support in the $1.25-$1.30 zone, the next weekly close is seen as pivotal. A close above $1.34 would challenge the current bearish outlook, while failure to do so keeps ChartNerd’s forecast for a drop toward $1 in play as 2026 draws to a close.
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Ripple-backed Evernorth Holdings has submitted a new prospectus for approximately 11.5 million XRPN tokens to help build its XRP treasury. The SEC filing from October lists 11,499,992 Class A common shares which can be sold upon the exercise of public warrants. Evernorth has also announced its intention to sell more shares to acquire more XRP, as part of its focus to expand the company’s treasury.
Evernorth Registers 11.5M Shares As XRPN Trades Above Exercise Price The public warrants have an expiration date of December 27, 2012 and are to be redeemed at $11.50 per XRPN share. As of Oct. 16, the prospectus price of the XRPN stock is $15.45 and the XRPN warrant $4.16, according to the SEC filing.
This means that the warrants are in the money because the stock is currently trading at above the exercise price. Depending on market conditions and terms, cash exercise might become attractive for the warrant holder.
Yet, this does not imply that 11.5 million XRPN stock shares have been released. Actual number will vary based on warrant exercises. If warrant holders exercise their cash warrants at $11.50 a share, Evernorth will receive cash proceeds.
Evernorth has registered 11,499,992 Class A shares issuable on warrant exercise at $11.50. Shares last traded at $15.45 and warrants at $4.16 (Oct 16), so the warrants are in the money.
Evernorth has stated plans to issue more shares to buy more $XRP. 💥 https://t.co/9eviNTGo7d pic.twitter.com/Kw5NE5EjXR
— Xaif Crypto (@Xaif_Crypto) October 20, 2026
The company will not receive any proceeds of the sale of shares covered by the prospectus.
More XRP Buying In Focus As Evernorth Expands Treasury Strategy The new release follows Evernorth’s recent XRP-focused strategy as it pursues it. It has announced that it intends to sell more units to help it buy more of XRP. It is viewed as a bullish news for XRP price, which is in a consolidation phase currently.
The prospectus doesn’t indicate whether the new XRP were purchased, nor does it state that proceeds generated from the exercise of warrants will be used to acquire the native XRP. However, if the warrants are exercised for cash and the company decides to use the proceeds for XRP, it would be a way to get additional capital.
Another thing in focus is the potential for share dilution with the filing. Warrant holders may exercise their warrants and receive additional shares of Evernorth, which could increase the number of XRPN stock shares outstanding.
With the increase in the total number of shares, each existing shareholder would have a smaller percentage of his or her company stock.
For XRP investors, the key question is whether Evernorth can turn future capital raising into additional XRP accumulation. The registration comes with a potential path for granting funds with a warrant, but any funds raised and purchase of XRP will be subject to future decision-making.
XRP’s on-chain activity has accelerated dramatically, with the XRP Ledger (XRPL) recording nearly $50 billion in transaction volume. This notable surge comes as XRP maintains strong support at the $1.25 level, fueling optimism among analysts who are monitoring its potential for a price rebound.
Analysts highlight market bottom signs and price targetsAccording to data from Santiment, XRP’s transaction volume recorded a 6000% spike. In recent days, approximately $49.66 billion worth of tokens changed hands, a substantial increase compared to the previous average of $0.8 billion per day.
This boost in network activity coincides with ongoing macroeconomic uncertainty, as persistent US inflation and broader market corrections have weighed on crypto assets. Such environments have proved decisive for XRP, which is known for significant price swings under turbulent conditions.
Market analyst Ali Martinez interprets the current surge in on-chain transactions at this support zone as evidence of a potential market bottom. Martinez suggested that XRP could be positioned for a run towards $2 if it maintains current levels. He stated on X,
XRP appears to have reached its bottom, and should the asset close consistently above $1.56, further upside toward $2 is likely. A dip below $1.25, on the other hand, exposes XRP to losses down to $1.10.
Other analysts are also drawing attention to XRP’s price outlook. Vincent Van Code described the recent corrections as clearing out weak hands, and projected the possibility of new all-time highs in the coming weeks. Meanwhile, an EGRAG CRYPTO analyst set a short-term bullish target in the $1.80 to $2.00 range, with a subsequent correction to $1.50, and a long-term cycle peak estimated between $7 and $9, cautioning against excessive price speculation.
XRPL registers strong inflows, adoption in real-world assets growsThe XRP Ledger has secured the second position among tracked blockchains for real-world asset (RWA) adoption, attracting $1.9 billion in net inflows over the last six months, according to figures from RWA.xyz. BNB Chain led the sector with $2.2 billion, followed by XRPL, Solana at $1.6 billion, and Stellar with $1.5 billion.
Avalanche reported $637 million in positive net flows, while Base, Monad, and Robinhood recorded $210 million, $200 million, and $199 million respectively. These statistics focus on tokenized assets and exclude stablecoin transactions.
When factoring in stablecoin flows, TRON topped the leaderboard with $7.8 billion in the last six months, with HyperEVM at $5.0 billion, and Solana with $2.6 billion. Under this measure, XRPL holds fourth place at $2.5 billion in net inflows.
XRPL’s distributed RWA value increased from $518 million at the beginning of the year to $2.25 billion at the end of the first quarter—marking a 124% quarter-over-quarter rise. By May, XRPL had a high of $3.53 billion in tokenized RWAs, and its total ecosystem value, including stablecoins, surpassed $5.37 billion.
Tokenization drives network utility, caution on price effectsThe expansion of tokenized real-world assets underscores the growing use of XRPL for purposes beyond cross-border payments and speculative trading. Tokenizing assets—such as funds, bonds, and conventional financial instruments—on blockchain infrastructure can enhance settlement speeds and offer investors alternative access to capital markets.
However, broader adoption of these systems is likely to depend on factors such as regulatory clarity, liquidity, and interest from institutional participants. Analysts note that while rising on-chain asset values boost XRPL’s stature in digital finance, this progression does not guarantee a direct increase in XRP’s market price. The extent of price impact will hinge on XRP’s integration and function within these expanding networks.
Market observers emphasize the importance of monitoring on-chain patterns and investor movements, especially when rapid shifts occur in meme token sectors and highly volatile cryptocurrencies. In these scenarios, not just price, but also timing and investor choices become particularly significant. In the meme token market, an internet trend can transform into millions of dollars of interest within days. According to data shared by Fomo App, a trade involving “Niu Lai”—which turned an initial $99 investment into approximately $370,000—stands out as a striking example of this activity. Fomo App consolidates token discovery and trading on a single platform, offering tools such as social feeds, investor leaderboards, and live trade notifications for those following meme token performance and investor activity.
By the end of Q1, the value of tokenized real-world assets distributed over XRPL jumped to $2.25 billion—a 124% increase from the previous quarter—setting a new milestone in the network’s expansion beyond payments and traditional trading.
XRP price is attracting bullish attention after transaction volume on the XRP Ledger skyrocketed to nearly $50 billion. The XRPL transaction volume marked a dramatic increase from the levels recorded over the preceding days. Ali Martinez, an analyst, says that the market may be nearing a bottom and be ready to rally to $2 as on-chain activity surged alongside XRP hitting the $1.25 support level.
XRPL Transaction Volume Explodes Nearly 6,000%
On October 19, approximately $49.66 billion worth of coins were transferred on the XRP Ledger, according to the Santiment chart shared by Martinez. That’s about $0.8 billion each of the previous days on the chart, which is an estimated 6,000% more than the previous amount.
XRP: THE BOTTOM IS IN
Transaction volume on the $XRP Ledger exploded last night as prices hovered around the $1.25 support.
The total dollar value of coins transferred on-chain skyrocketed to $49.70 billion, coinciding with the rebound that is now taking place.
This surge in… https://t.co/vTEFhtC5ss pic.twitter.com/fQTEvKsTKk
— Ali Charts (@alicharts) October 19, 2026
The chart shows that transactions were quite low during the October 16, 17 and 18 and then went off the charts on the 19th. The sharp surge was in tandem with XRP price trading above the $1.25 level and a quick recovery.
On X, Martinez declared, “XRP: THE BOTTOM IS IN.” In this regard, he implied that the price stability coupled with increased on-chain activity could be a sign that selling pressure is easing for XRP price.
“This surge in on-chain activity around such a critical support level suggests that $1.25 could mark the bottom,” he wrote.
However, an increase in volume does not necessarily mean a market reversal, aa rhe dollar value of coins transferred may not be a measure of the net buying pressure.
XRP Price Chart Signals Potential Rally To $2
In a previous analysis, Martinez pointed to a possible ‘inverse head and shoulders’ pattern on XRP price’s 3-day chart. The formation is in the process of forming a left shoulder, a deeper central low known as the “head”, and a right shoulder forming close to the $1.25 support zone.
XRP price chart analysis. Source: Ali Charts | X
The chart sets the neckline resistance at about $1.56. If it is able to clear this level, a bull market could be in the making and continue to push up towards $2.
“For $XRP, I’m watching $1.25,” Martinez wrote. With this level, he said, the right shoulder is filled out.
The “downside” scenario is still significant. Martinez said that if XRP price fell by $1.25, the next price to keep an eye on is $1.00.
Currently, the $1.25 and $1.56 support and resistance levels respectively are still vital. The volume spike is a good signal, but a price breakout is still required to confirm the expected rally.
Crypto market analyst Mino issued a direct appeal to the XRP community, warning holders to prepare themselves emotionally for heightened volatility in the weeks ahead. Her message, shared on X, quickly attracted strong engagement from XRP supporters, many of whom responded with personal investment approaches and perspectives.
Personal warning based on experienceIn her public statement, Mino reflected on her own journey in the crypto market. She wrote, “You are about to enter a period of time where your mental capacity is about to be tested to the max. You will have $XRP highs, lows, do you cash out, do you hold. It’s going to be a long road.”
Mino encouraged XRP investors to be mentally prepared, citing, “I have been there, lost everything and started from scratch. XRP holders, this one was for you. Stay strong.”
Mino, known for her forthright commentary within the XRP community, highlighted that she rarely discusses her personal experiences publicly due to the criticism it often brings. Despite this, she chose to reach out to the community directly for this message.
Ripple’s XRP, a digital asset used for cross-border payments, frequently experiences significant price swings, making emotional resilience a recurring topic among holders.
Mini dictionary: Ripple, a fintech company headquartered in San Francisco, is the developer of the XRP Ledger and XRP token, designed for high-speed, low-fee global money transfers.
Community members highlight discipline and planningThe post sparked a wave of responses from XRP holders, several of whom emphasized their own methods for managing crypto market fluctuations. Scott Taylor, one active participant in the discussion, commented that while XRP often receives a laser focus, the entire crypto sector, including Bitcoin, is experiencing a downturn. Taylor asserted, “Utility will win in the end.”
SERGIO Miguel Fernandes PEREIRA took a pragmatic view on market positioning, explaining, “XRP starts at $0.50, and the reality is we’re accumulating between $0.50 and $1.50, taking advantage of this opportunity for good accumulation. The price won’t rise much until 2028; we have to take advantage of this to build our portfolio.”
A segment of XRP holders is capitalizing on the current price range, planning incremental accumulation while anticipating limited price movement in the near term.
Investor Jose Bobba pointed out his own experience by referencing a higher entry price, saying he bought XRP at $2.26 and underlining that patience is essential for long-term holders.
Emotional preparedness and structured executionLong-term community contributor Zoid advocated for having a defined strategy regardless of market conditions. He wrote, “Have a plan and stick to it,” and advised others to establish tiered levels for selling. Zoid also referenced broader macroeconomic challenges, mentioning, “Triffin’s dilemma has backed them into a corner they cannot get out of. They are out of time.”
Mini dictionary: Triffin’s dilemma refers to the economic conflict that arises when a currency, such as the US dollar, serves as both a global reserve currency and a national currency, leading to a conflict between domestic monetary policy and global financial stability.
At present, XRP trades close to $0.50. Many community members remain focused on maintaining discipline and executing well-defined plans as they await the next significant move in the market.
XRP may be nearing the end of its months-long correction after breaking above a contracting wedge near $1.30.
The chart suggests that three separate timing counts within the correction are reaching their limits at the same time, which raises the probability of a price recovery.
XRP trades at $1.3094 after hitting a session low of $1.3002 on the 12-hour chart. The decline followed a double corrective pattern that began after XRP reached $1.70 in August. The latest price action suggests that the final wave of this pattern may be ending.
XRP Double Zigzag Correction Nears Its End XRP’s decline from its August high of $1.70 developed through two corrective waves, each following a three-part a-b-c zigzag pattern, with an x-wave linking the two formations.
The first zigzag began with wave a, which took XRP from $1.70 to $1.34 by Sept. 2. Wave b then pushed the price back up to $1.49 before wave c sent it down to $1.31. The connecting x-wave appears near the Sept. 16 peak of around $1.65.
The second zigzag started at the Sept. 16 peak of $1.65. Wave a drove XRP down to $1.45 by Sept. 24, while wave b brought a recovery to $1.52 by Oct. 6. Wave C then began and carried the price toward the recent low of $1.30. This final decline may now be completing the broader double zigzag pattern.
Terminal Wedge Forms Within Wave-C The final wave-c of the second zigzag developed into a terminal impulse. This pattern has five internal waves that form a contracting wedge, not the more typical structure of a standard impulse. The chart marks these waves from 1 to 5, with their highs and lows narrowing into a cone as the price moves lower.
The waves overlap, which confirms the terminal interpretation and shows the pattern is different from a conventional impulse. Wave 3 contains a large internal b-wave, while wave 4 develops over a relatively short period.
Despite these features, the contracting shape and overlapping price movements confirm that the pattern may mark the final stage of the decline.
The terminal formation began near $1.40 and moved through five stages toward the current region above $1.30. Wave 5 of c, the final sub-wave of the entire double zigzag, appears to be completing near the $1.3002 low.
XRP correction nears its end as three clocks expire at once The True Williams Alligator also suggests a possible change in trend. Its three smoothed lines read 1.3585, 1.3304, and 1.3112, which place them close together just above the current price. This clustering can occur when a trend approaches its end.
Three Correction Clocks Reach Their Limits Together The correction’s timing also suggests an imminent reversal. The double zigzag as a whole is approaching its expected time limit, while wave-c is nearing its own. At the same time, the fifth wave of the terminal impulse is reaching the end of its projected duration.
These three timing counts operate at different levels of the same price structure, but they eye the same period in late October 2026. Their alignment confirms the case for a possible turning point because several parts of the correction are reaching their expected limits together.
However, timing alone cannot confirm that XRP has reached a lasting bottom. The price must support the technical outlook by holding near $1.30 and continuing to show signs of recovery.
XRP Price Targets Range From $2 to $3 If the double zigzag correction has ended, a standard price projection method points to a possible rally toward $2 to $3. This method uses the length of the August upsurge, applies extensions of 100% to 161.8%, and projects the resulting distances upward from the corrective low near $1.30.
The chart marks a Fibonacci extension at $2.1529, which makes it the first major target within the projected range. The price path also extends toward $2.80 and above, showing how far XRP could rise if the expected recovery gains strength.
Meanwhile, the timing projection predicts a possible local top around mid-November 2026. If the pattern plays out as expected, XRP could recover relatively quickly from its current level. A move back toward $1.40, where the terminal impulse began, would provide an early sign that the recent low may hold.
XRP Must Hold $1.30 Support The bullish case depends on XRP holding the $1.30 area. A break below the recent low of $1.3002 would weaken the current wave count and require a fresh assessment of the correction. Such a decline would not automatically rule out a broader recovery, but it would suggest that the correction may need more time to finish.
There is also uncertainty about the August rally that started the current price structure. It is not yet established whether that move marked the first wave of a new uptrend, a corrective wave-a, or part of a larger sideways pattern that is still in progress.
Upbit, South Korea’s largest crypto exchange, reported a 15.5% weekly volume drop to 8.35 trillion won. XRP outpaced Bitcoin and USDT as Korean traders favored the token amid cooling activity.
Lower volume typically means thinner order books, which can still amplify price moves when larger orders reach a thin market.
XRP Leads a Cooling Market on UpbitTrading volume is the total value of assets bought and sold on an exchange over a set period. Upbit’s weekly figure fell to 8.35 trillion won (~$6.28 billion), according to Upbit DataLab.
The decline covers the week ending October 18, 2026. It marks a clear cooling after stronger periods earlier in the autumn.
Yet the more striking detail sits inside the totals. CoinGecko data show XRP finishing as the week’s most-traded asset, outpacing both Bitcoin and the stablecoin USDT. Korean retail traders have long favored XRP on won-denominated pairs, and this week’s data reinforces that pattern.
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Upbit Trading Volume Dips to 8.35 Trillion Won Weekly. Source: Upbit DataLabEven as overall liquidity thinned, a disproportionate share of the remaining activity concentrated on XRP. That left Bitcoin in second place and USDT third.
The slowdown was not isolated to Upbit. Broader data from major South Korean platforms showed a steeper collective drop of nearly 20% in the preceding week. Measured against that backdrop, Upbit’s 15.5% decline appears relatively moderate.
Daily snapshots showed Upbit’s 24-hour volumes swinging between roughly $340 million and more than $1.2 billion. Those swings then settled into the quieter weekly total reported.
Top Crypto Exchanges in South Korea. Source: CoinGeckoWhat Could Come Next for Upbit Volume?Lower overall volume typically means thinner order books, which can amplify price moves when larger orders hit the market. A single sizable order can trigger sharper swings when it meets a thin market. Traders watching Upbit should therefore read the weekly total alongside daily data.
For traders watching the competitive landscape, the DataLab numbers highlight a recurring theme.
On Upbit, XRP often challenges or surpasses Bitcoin, even though it ranks far lower by global market cap.
Stablecoin volume remaining elevated also points to traders rotating between risk assets and dollar-pegged tokens as sentiment cooled. This shift keeps capital ready to move back.
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XRP Overtakes Bitcoin on Upbit as Weekly Trading Volume Sharply Falls. Source: CoinGeckoLooking ahead, market participants will monitor whether weekly volumes stabilize near the 8.35 trillion won level or continue to slide. They will also watch whether XRP keeps its top ranking in the next reporting window.
The supply of XRP available across cryptocurrency exchanges has climbed close to its annual peak, even as the token’s price struggles with volatility and downward momentum. According to the latest data from blockchain analytics firm CryptoQuant, XRP exchange reserves have surged to 11.81 billion tokens as of October 17, representing one of the highest levels recorded over the past twelve months.
Exchange reserves stay elevatedCryptoQuant data revealed that XRP’s aggregate reserves on major trading platforms remain considerably higher than average. While this level has not reached a new yearly high yet, the available supply remains near its upper range observed for 2023.
Market analysts say the elevated exchange reserves suggest that more tokens are accessible for potential trading or selling. Such trends are often interpreted by traders as an indication of increasing selling pressure, especially if not accompanied by rising demand.
XRP’s substantial exchange reserves and the current lack of a meaningful price rebound have prompted market participants to question whether the token’s high supply is a result of intensified selling activity.
The timing coincides with broader weakness in the digital asset sector, as many cryptocurrencies experience a protracted pullback. XRP itself has struggled to recover from recent lows, adding to concerns about the ongoing influx onto exchanges.
XRP derivatives activity drops on BinanceAlongside the increase in XRP reserves, data shows a significant decline in leveraged trading positions for XRP on Binance, the world’s leading cryptocurrency exchange by trading volume. As of October 17, open interest (OI) for XRP futures on Binance dropped to $453 million, a decrease of 15.8% compared to the $538.1 million recorded on October 4.
This reduction in open interest indicates that market participants are closing out or liquidating their leveraged positions, reflecting waning enthusiasm or increased caution in trading the token’s derivatives.
Binance, based in Malta, is widely recognized for its extensive digital asset offerings and high liquidity, serving as a major hub for both spot and derivatives trading in the crypto industry.
Mini dictionary: Open interest (OI) refers to the total number of outstanding derivative contracts, such as futures or options, that have not yet been settled. It is a key measure of activity and liquidity in a derivatives market.
The combination of persistently high XRP reserves on exchanges and a significant reduction in derivatives positions adds to bearish sentiment around the token.
DateXRP Exchange Reserves (billion)Binance XRP Open Interest ($ million)October 4Not specified538.1October 1711.81453Market observers continue to track these onchain and derivatives metrics for signals of potential shifts in trend amid ongoing volatility within the crypto sector.
Michael Passalacqua, Senior Advisor and Head of the Innovation Task Force at the Commodity Futures Trading Commission (CFTC), recently outlined the agency’s efforts to establish a unified federal oversight framework for crypto exchanges. Passalacqua delivered these remarks in a video interview circulated by the crypto analyst X Finance Bull, offering insight into what potential regulatory shifts could mean for XRP holders.
Federal oversight and the CLARITY ActPassalacqua stated that the CFTC aims to introduce a single national regulatory framework, enabling crypto asset exchanges to opt into federal supervision under the agency’s oversight. The public comment period for this proposal runs until December 14, and input from stakeholders remains open.
He referenced bipartisan support for granting the CFTC regulatory authority over the crypto asset sector, pointing to the CLARITY Act as a significant milestone in these developments. The CLARITY Act seeks to clarify how digital assets are regulated at the federal level, designating clear jurisdiction for agencies such as the CFTC.
Passalacqua emphasized that “the goal of this is to provide a federal option for crypto asset exchanges to opt into a national uniform framework under the CFTC’s oversight.” He noted that bipartisan support exists for the CFTC to regulate the crypto asset industry.
Mini dictionary: CLARITY Act, proposed US legislation aiming to clarify the regulatory status of digital assets and establish a clear framework for oversight by federal agencies, notably the CFTC.
XRP’s commodity classification and regulatory contextXRP was officially classified as a digital commodity by both the US Securities and Exchange Commission (SEC) and the CFTC on March 17. This designation places XRP within the regulatory perimeter the CFTC intends to oversee under the proposed federal framework.
In October, the CFTC introduced Regulation CTX and Regulation CAM, which address areas such as exchange registration, market surveillance, customer asset protection, margin requirements, and custody. These regulations are designed to strengthen oversight surrounding digital commodities like XRP.
Institutional adoption and growing infrastructureX Finance Bull highlighted that substantial institutional infrastructure for XRP is already in place. Major entities, including Bitwise, Grayscale, Franklin Templeton, 21Shares, CME Group, Ripple Prime, and EDX Markets, maintain exposure to XRP or offer related services. This infrastructure serves as a foundation for broader institutional participation.
Between December 2025 and June 2026, Bitwise’s XRP ETF holdings increased significantly from around 131.22 million XRP to 286.84 million XRP, reflecting elevated institutional demand. CME Group currently supports both standard XRP futures and Micro XRP futures, alongside options contracts. Ripple Prime facilitates institutional access to XRP and RLUSD trading, derivatives, financing, and liquidity services.
Mini dictionary: CME Group, a global markets company offering trading in various asset classes including cryptocurrency futures and options.
InstitutionXRP ServicesRecent ActivityBitwiseXRP ETFHoldings rose to 286.84 million XRP (June 2026)CME GroupXRP futures, micro futures, optionsOffers XRP derivativesRipple PrimeSpot, derivatives, liquidity for institutionsSupports XRP and RLUSD tradingGrayscale, Franklin Templeton, 21Shares, EDX MarketsXRP exposure & servicesActive in XRP ecosystemProjected demand and institutional momentumLooking ahead, X Finance Bull projected a surge in potential institutional demand for XRP as regulatory clarity advances. If 100 institutions allocate $25 million each to XRP, acquisition demand would total $2.5 billion. Doubling both the number of institutions and allocation size to 200 and $50 million each would increase demand to $10 billion.
He described current US regulatory steps as building the necessary “rails” to streamline XRP’s institutional trading, hedging, financing, and custody. The ongoing CFTC public comment period will conclude December 14, with impending regulatory changes expected to further shape XRP’s institutional landscape.
US spot XRP ETFs just had their first losing week in months. The funds recorded $1.84 million in net outflows for the week ending October 16, 2026, ending a 13-week run of consecutive inflows.
The streak had been running since early July. This is the first week of negative flows since mid-July, which means the products went through most of a summer and early fall without a single net-negative week.
One fund, one day, one withdrawal Most of the damage came from a single product on a single day. Canary Capital’s XRPC saw $2.47 million leave on October 16.
That one withdrawal was bigger than the net outflow for the whole week. Put plainly, without that session, the week would likely have closed in positive territory.
The rest of the week was fairly calm. Other sessions saw flat activity or modest inflows, including a mid-week gain of approximately $740,400.
Putting $1.84 million in context Cumulative inflows into US spot XRP ETFs since their launch in November 2025 total approximately $1.8 billion. Measured against that, last week’s net outflow works out to roughly a tenth of a percent of everything that has flowed in.
Total net assets across the products sit at around $1.47 billion to $1.57 billion, depending on the reporting date. The gap between cumulative inflows and current assets reflects how the value of the underlying XRP holdings has moved since money arrived.
The issuer leaderboard has stayed fairly stable. Bitwise, Franklin Templeton, and Canary Capital lead by inflows and assets under management, while Grayscale and 21Shares trail behind.
The wider market was not helping XRP funds did not have a rough week in isolation. Bitcoin, Ethereum, and Solana ETFs also reported withdrawals amid broader volatility in the crypto market. XRP itself traded near $1.30 during the period.
What this means for XRP ETF investors There are a few things worth tracking from here.
Breadth of flows. If next week’s outflows, should there be any, spread across Bitwise, Franklin Templeton, Grayscale, and 21Shares rather than concentrating in one fund, that would point to a broader shift in sentiment. Concentrated moves are easier to dismiss.
Canary Capital’s XRPC specifically. A single large redemption can be a one-off portfolio decision. Repeated large redemptions from the same product would suggest something more persistent, whether a reallocation by a major holder or a preference for competing issuers.
The cross-asset picture. Because Bitcoin, Ethereum, and Solana ETFs were also bleeding, XRP flows are likely to keep tracking overall risk appetite in crypto. If the broader ETF complex stabilizes and XRP funds keep losing money, that would be a more meaningful warning sign than this week’s dip.
The XRP price. With XRP near $1.30, fund flows and price action can feed each other. Weak prices can prompt redemptions, and redemptions can add selling pressure on the underlying asset.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
XRP has made its debut on X with a 10-second logo video, drawing public welcomes from Ripple and the XRP Ledger Foundation on Oct. 19.
Summary
XRP debuted on X with a 10-second logo video and the message “hello, world. It’s about time.”
Ripple welcomed the account, citing over a decade of work alongside XRP Ledger contributors.
The XRP Ledger Foundation greeted the account with “New era” and an animated terminal graphic.
The debut post had drawn 52,900 views when the supplied screenshot was captured.
Ripple described its work on the XRP Ledger alongside thousands of other contributors when it quoted the new account’s opening message.
XRP opens with a brief greeting and logo video
The XRP account’s first post carried a short greeting.
A screenshot of the post shows a metallic XRP symbol against a dark background. The captured post had 52,900 views at the time the image was taken.
Ripple’s response appeared minutes later. Its quoted post included the original greeting and the same logo video.
“For over a decade, we’ve built on the XRP Ledger alongside thousands of others.”
The company followed that statement with a welcome to the new account. In its own response, the XRP Ledger Foundation used the phrase “New era” and welcomed XRP with an animated terminal graphic.
Neither welcome described a product launch, token distribution, or change to the ledger’s transaction rules.
XRP Ledger changes require validator approval
XRPL’s technical documentation describes a formal voting process for changes to the network’s transaction rules. Validator operators can configure their votes, while only votes from trusted validators count toward amendment approval.
An amendment must retain support from more than 80% of trusted validators for two weeks before activation. If support falls below the threshold, the waiting period restarts, according to the documentation.
A historical example appeared on Aug. 12, when crypto.news previously reported that Ripple had backed bundled protocol fixes. At that point, fixCleanup3_3_0 had eight affirmative votes among 35 trusted validators on the default list, short of the 29 needed to exceed 80%.
The package covered corrections involving vaults, lending, automated market makers, the permissioned decentralized exchange, checks, and pseudo-accounts. The August figures describe that voting snapshot, not the amendment’s status today.
Earlier software changes affected node operators
In July, the ledger activated a maintenance amendment after 30 of 35 trusted validators supported fixCleanup3_2_0. The July 29 coverage put support at 85.71%, with five votes against.
XRPScan warned that nodes running version 3.1.0 or earlier would become amendment-blocked until their operators upgraded. The report said self-custody holders did not need to exchange their tokens or move funds because of the amendment.
Version 3.2.0 renamed the reference server software from rippled to xrpld. The accompanying migration involved configuration filenames, database paths, packages, scripts, and service settings, according to that coverage.
Ripple’s US brokerage services include XRP trading
Ripple’s commercial operations include services beyond ledger development. An Oct. 8 examination of its US prime brokerage services described over-the-counter spot execution involving XRP, RLUSD and other assets, with cross-margining against derivatives.
The same coverage examined Ripple’s Oct. 6 announcement that Brevan Howard funds would use Ripple Prime for brokerage, clearing and financing across asset classes. Brevan Howard’s roughly $35 billion in managed assets represented its firmwide business, not a disclosed balance transferred to the brokerage.
The announcement did not disclose an XRP allocation by those funds. Ripple’s August Delta One launch offered total return swaps referencing US-listed equities, indexes, and digital assets.
XRP price was up 2.4% over the day, exchanging hands at $1.30 at press time.
