PANews, October 16 - According to SoSoValue data, yesterday (October 15, US Eastern Time), US XRP and ZEC spot ETFs saw single-day total net outflows of $104,500 and $14.7633 million respectively, for a combined net outflow of $14.8678 million; NEAR spot ETFs saw a single-day total net inflow of $1.126 million.
For XRP, Franklin XRP ETF (XRPZ) saw a single-day net inflow of $3.6448 million, with cumulative historical net inflows of $513 million; Bitwise XRP ETF (XRP) saw a single-day net outflow of $3.7494 million, with cumulative historical net inflows of $685 million. As of press time, XRP spot ETFs had total net assets of $1.528 billion, a net asset ratio of 1.81%, and cumulative historical net inflows of $1.803 billion.
For ZEC, only Zcash ETF (ZCSH) recorded a net outflow on the day, amounting to $14.7633 million, with cumulative historical net inflows of $164 million. As of press time, ZEC spot ETFs had total net assets of $674 million, a net asset ratio of 3.21%, and cumulative historical net inflows of $164 million.
For NEAR, only Bitwise NEAR ETF (NRR) recorded a net inflow on the day, amounting to $1.126 million, with the fund's cumulative historical net inflows at $80.4407 million. As of press time, NEAR spot ETFs had total net assets of $86.1425 million, a net asset ratio of 1.24%, and cumulative historical net inflows of $80.4407 million.
XRP whale inflows to Binance reached 1.669 billion $XRP over 30 days, a seven-month high, according to CryptoQuant analyst Arab Chain. Deposits do not confirm selling.
XRP whale inflows to Binance have climbed to 1.669 billion $XRP over 30 days, according to CryptoQuant analyst Arab Chain. The reading is the highest in seven months and exceeds September's peak of around 1.65 billion XRP.
What the data showsThe metric tracks cumulative transfers of XRP from large wallets to Binance over a rolling 30-day window. It is not a single-day figure. After reaching roughly 1.65 billion XRP in September, the total fell back before rebounding above that level in recent days, according to CryptoQuant data.
At a price of about $1.33 per token, the latest reading is worth roughly $2.22 billion. The inflows come as XRP trades near $1.30, a level it fell to during a broader crypto sell-off after US CPI data.
CryptoQuant has said that increased whale inflows to centralized exchanges can raise the amount of XRP available for trading, which can raise the risk of selling pressure.
Why inflows do not confirm sellingLarge transfers to an exchange make it easier to sell, but they do not show that a sale is planned. Arab Chain has cautioned that the inflows may reflect trading activity or reallocation between wallets rather than imminent selling. The analyst suggests reading net exchange flows, trading volume and price action together before drawing conclusions.
Other data points complicate the picture. A separate CryptoQuant reading showed 30-day XRP whale outflows from Binance also reached about 1.38 billion XRP, a seven-month high. That suggests gross inflows alone are not a one-way signal.
Institutional demand has also stayed positive. Based on SoSoValue data, US spot XRP exchange-traded funds have recorded net inflows for 13 consecutive weeks, with cumulative inflows of about $1.80 billion. Weekly inflows have slowed since late September, however.
For traders, the key question is whether the deposits are followed by sales on Binance or whether the tokens stay on the exchange. The next few weeks of net flow and volume data should give a clearer answer.
SourcesBitcoin.com News: XRP Whales Move 1.67 Billion Tokens to Binance
FXStreet: What could intensify XRP's downside risks?
The Crypto Basic: XRP Inflows to Binance Reach 1,669,000,000 XRP
Coinbase Markets has warned about the XRP derivatives market as a huge number of underwater bullish positions emerge, with XRP struggling to pick up again.
An insane 97% of XRP net-long notional exposure was set at prices higher than the current XRP market price of $1.31, according to the exchange.
The largest cluster of net-long exposure was set at an average entry price of around $1.40, meaning that a majority of the current remaining bullish market exposure is currently underwater.
HOT Stories
Traders could either add more to their bullish bets in hopes of a market recovery or fold out of those positions to prevent further losses.
What does it mean for XRP in practice?Now that XRP is falling further, some traders might feel forced to exit those positions, especially if using leverage.
This could drive some selling pressure on XRP, leading to a potential self-reinforcing cycle of falling prices forcing traders out of the market, especially leveraged ones.
On the flip side, if XRP were to recover, that could encourage traders to stay in those positions or even add more to them.
You Might Also Like
It is also important to note that the 97% figure from Coinbase does not imply that 97% of all XRP investors are underwater. It refers to net derivatives exposure, not the full population of XRP holders.
Glassnode's methodology works by calculating the difference in outstanding long and short exposure at each entry price level. If the difference is positive, it means that the number of long positions is larger than the number of short positions. If negative, vice versa.
According to Glassnode, there is also a pretty sizable net-short exposure around $1.49 and $1.50. The largest negative cluster is over $20 million in notional value.
Hence, there is quite an unbalanced market picture, with many bullish positions struggling. However, those entry prices on the chart are not necessarily liquidation prices. We do not know precisely where traders will be forced out of those positions, which depends on leverage, margin, collateral, and so on.
XRP is trading well below its January 2018 peak. (TradingView/CoinDesk)Ringkasan
XRP trades around $1.33, about 62.5% below its January 2018 peak, while Bitcoin, Ether and several other major cryptocurrencies have surpassed their previous highs.Analysts attribute XRP’s lagging price partly to a sharp increase in circulating supply, weak fund inflows and declining trading activity and network use.Ripple’s focus on payments, XRP’s limited exposure to popular crypto sectors and years of regulatory uncertainty from the S.E.C. case have also weighed on demand.Holding is widely touted as a great way to build wealth in the crypto market, but it hasn't worked for every coin.
Take XRP (XRP), the payments-focused cryptocurrency native to the XRP Ledger and the world’s fifth-largest digital asset by market value.
The token is still trading well below its 2017 cycle high, while most other major cryptocurrencies have climbed far above theirs. In 2017, crypto broke into the mainstream, pulling in new users and investors during the frenzied run that carried into the first week or two of 2018.
XRP currently trades around $1.33, down 62.5% from its early January 2018 peak of $3.55. In other words, an XRP buyer from that peak is still underwater nearly nine years later. (XRP did briefly top its old high, reaching $3.66 in July 2025 before crashing.)
Bitcoin BTC$82.071,33 is up 314% from its December 2017 peak of $19,804. Dogecoin DOGE$0.08197 is up 322% from its January 2018 high, and BNB BNB$729,33 is up about 2,800%. Ether ETH$2.444,89 is up 66% and zcash (ZEC) is up 38%. Tron is also slightly below its peak, down about 4%. Solana launched in 2020.
Bitcoin, ether and many other tokens have pulled back sharply from their 2025 peaks, yet remain far above their 2017 highs.
Too many coinsAnalysts point first to XRP’s supply.
"Circulating supply grew 63%, from 38.7B in 2017 to 63.1B, while XRP's total market value fell only about 3%," Nicolai Sondergaard, senior research analyst at analytics firm Nansen, told CoinDesk. "More XRP in circulation means each token represents a smaller share of roughly the same total value."
Circulating supply is the number of coins on the market, and as it grows, each coin represents a smaller share of the total.
Oliver Carding, head of marketing at Tesseract Group, says XRP looks better when measured by total value instead of price.
"On value, XRP recovered," he said. "About 63% more XRP is in circulation than at that peak, so the same circulating market capitalization would mean a price roughly 39% lower."
Tesseract is an institutional digital asset management firm that manages over $500 million in assets under management.
Weaker demandU.S.-listed exchange-traded funds, or ETFs, have opened the door for institutional investors to take exposure to digital assets. While bitcoin and ether funds have pulled in billions, XRP funds have lagged big time.
"ETF uptake has also been muted relative to $BTC and $ETH," said Paul Howard, senior director at market-making firm Wincent.
To date, XRP funds have pulled in just $1.80 billion in investor money since debuting nearly a year ago, according to data source SoSoValue. Bitcoin ETFs often attract over $1 billion in investor money in a single day.
Nansen's data also shows trading activity has weakened, with XRP spot volume down 53.5%, perpetual futures volume down 44%, and active addresses down 10.7%.
Ripple's focusRipple, the payments company closely tied to XRP, has focused on cross-border payments rather than chasing sectors such as DeFi, AI, and memecoins, which have attracted greater capital flows and deeper integration with traditional finance.
"Ripple, meanwhile, has been working hard to build payment infrastructure, RLUSD and trade financing products around the usage of the ledger and coin, and this has taken focus from just core XRP," Howard said.
Investors also have more choices now.
"The role of DeFi for investment into ETH, SOL and HYPE has also been a new narrative which $XRP has not focused on," Howard said.
The SEC caseRipple’s legal fight with U.S. regulators also held XRP back.
The Securities and Exchange Commission sued Ripple and two of its executives in December 2020, saying the company had raised about $1.3 billion by selling XRP without registering it as a security.
A federal judge ruled in 2023 that XRP sales on public exchanges were not securities offerings, but that sales to institutional investors were. In 2024, Ripple was ordered to pay a $125 million penalty. The case ended in August 2025, when both sides dropped their appeals.
Carding said the prolonged regulatory uncertainty helps explain why the token missed its old high during the 2021 crypto bull run, when Coinbase suspended trading.
“The SEC case helps explain why XRP did not revisit its 2018 high in 2021, when Coinbase suspended trading, but the appeals were dropped in August 2025 with XRP above $3,” Carding said. “Since then, XRP is down about 59%, against 32% for bitcoin and 44% for ether, and its circulating market capitalisation is down about 56%.”
Not the only laggardXRP isn't the only coin trading below its early 2018 highs.
"On price, six of the other nine assets in the January 2018 top ten are further below their levels of that week," Carding said.
For those watching XRP, Carding has a suggestion.
"What I would watch is XRP against bitcoin, alongside net monthly distribution after re-escrow and changes in fund holdings," he said. "Relative weakness that persists as distribution slows would point to weaker demand."
In plain English, Carding is watching whether XRP underperforms bitcoin even as fewer new XRP tokens enter the market through Ripple’s escrow releases. If supply growth slows but XRP still lags bitcoin, it would suggest that investor demand for XRP is weakening.
Holding a cryptocurrency for five years requires significant patience and composure. Jiyeon, a well-known cryptocurrency commentator from South Korea, recently described her experience navigating long-term fluctuations in $XRP, attracting strong interest from the local investor community.
XRP price swings test investor resilienceJiyeon detailed the emotional stages of holding $XRP through dramatic market changes. She explained that a 10% drop feels insignificant, prompting her to simply buy a coffee. A 30% decline becomes a strategic opportunity to reduce her average purchase price, while a 50% fall leads her to stop checking the price altogether. At 70%, she considers herself a long-term investor, and at 90%, she resorts to meditation.
When prices recover, the sentiment quickly shifts. After a 10% increase, she feels optimistic about a potential rally. With gains reaching 100%, she once again checks her holdings, remarking that it becomes difficult to distinguish between investing and self-discipline. She commented, “Before XRP makes me rich, it’ll probably make me enlightened first.”
Jiyeon observed that periods of heavy losses led her to adopt calm, contemplative habits and ultimately build a long-term perspective. She reflected on the emotional transformation, writing, “Before XRP makes me rich, it’ll probably make me enlightened first.”
According to trading data, XRP reached $1.96 in 2021 before falling back to a range between $0.30 and $0.50. Following a key legal decision in 2023, XRP briefly spiked to $0.93 before returning to previous levels.
Throughout much of the next year, XRP traded near $0.50. A sharp breakout occurred in late 2024, propelling the price above $3. By July 2025, XRP hit a high of $3.65. The token has since entered a period of consolidation, challenging the resolve of long-term holders.
PeriodXRP Price2021 peak$1.962021–2023 average$0.30–$0.50July 2023 (court ruling)$0.93Late 2024 breakoutAbove $3.00July 2025 high$3.65South Korea’s strong XRP interestXRP remains a favorite among South Korean traders, who regularly rank the asset among the nation’s most actively traded cryptocurrencies. Industry analysts have noted that Korean retail investors favor XRP over both Bitcoin and Ethereum in terms of trading volumes, making the country a key market for the token.
Jiyeon’s profile as a prominent local crypto personality has helped her commentary resonate, especially among those who have personally experienced the market’s volatility.
Mini dictionary: Jiyeon — An influential voice in the South Korean cryptocurrency community, recognized for sharing insights and observations on digital asset investing strategies and market psychology.
The Korean XRP community responded enthusiastically to Jiyeon’s reflections. A commenter compared long-term investing to practicing discipline, raising the question of whether anyone can endure such prolonged psychological pressure. Jiyeon acknowledged this point, stating that overcoming these periods is essential for building wealth and maintaining hope.
Another participant echoed that patience, perseverance, and conviction define successful long-term XRP holders. In lighter exchanges, a commenter joked about expecting to become a millionaire but still needing to report for work, to which Jiyeon replied, “millionaire dreams, 9-to-5 reality.”
Patience, resilience, and determination were highlighted by several community members as crucial qualities for those holding XRP through pronounced market shifts.
XRP payments on X are drawing attention after Cross River Bank, the banking infrastructure provider for X Money, partnered with Ripple to integrate its US dollar-backed stablecoin RLUSD into its core banking platform, with support for transactions on the XRP Ledger.
The October 2026 announcement allows Cross River to offer RLUSD as an additional payment option alongside traditional banking services. The integration aims to help fintech companies process cross-border payments, manage treasury transfers and settle transactions around the clock.
The businesses will be able to access RLUSD through a single application programming interface (API), without having to build their own blockchain infrastructure. The integration will also allow fintech companies to move between US dollars and RLUSD, settle payments 24/7 and access wire transfers and real-time payment services through one banking platform.
Transactions on the XRP Ledger typically settle within three to five seconds, with low transaction fees. Cross River said the integration combines its regulated banking infrastructure with blockchain-based payments, giving businesses more flexibility in moving money.
RLUSD has a reported market capitalization of more than $2.5 billion, with over $1 billion issued on the XRP Ledger. The stablecoin is designed to maintain a value equivalent to one US dollar and can support payments, trading and institutional transactions.
Also Read : Ripple (XRP) Price Prediction 2026, 2027-2030: Will XRP Reach $5?
Will X Money Use XRP or RLUSD?The partnership has drawn attention because Cross River Bank also provides banking infrastructure for X Money, the payments service associated with Elon Musk’s X platform. This has led to speculation that X Money could eventually use Ripple’s payment technology.
However, the announcement does not confirm any integration between X Money and Ripple, RLUSD or the XRP Ledger. The confirmed developments are Cross River Bank’s relationship with X Money and its separate agreement with Ripple.
Therefore, XRP payments on X remain unconfirmed. Whether X Money will adopt RLUSD or the XRP Ledger has not been established by either company.
For now, the partnership expands Cross River’s payment capabilities, but any direct connection to X Money would require a separate confirmation.
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Coinbase Markets has sounded the alarm on the XRP derivatives market, as a significant portion of bullish traders face mounting losses with XRP prices failing to rebound above crucial levels.
Majority of bullish XRP positions underwaterCoinbase, one of the largest cryptocurrency exchanges in the United States, reported that 97% of XRP net-long notional exposure in its derivatives market has entry prices higher than the current XRP value of $1.31. This indicates that most traders holding long contracts are experiencing unrealized losses at present pricing.
The largest concentration of these net-long positions was established at an average entry price of $1.40. As a result, traders in these positions would require a significant price recovery before moving into profit territory. Many traders now face the possibility of either doubling down on their bullish outlook or exiting positions to cut further losses.
Coinbase highlighted that the prevailing situation means, “the majority of the current remaining bullish market exposure is currently underwater, as nearly all of these long positions were set at higher price levels.”
Risk of cascading liquidationsGiven the recent downward move in XRP, leveraged traders may be especially vulnerable. If prices continue to fall, some market participants could be forced to close losing positions, which could amplify selling pressure. This in turn might trigger a self-reinforcing cycle of price declines and position liquidations.
On the other hand, if the XRP price stages a comeback, it may encourage traders to hold onto or even increase their existing long positions. The market’s next move could have an outsized impact on sentiment, as either scenario can lead to rapid shifts in positioning.
Coinbase clarified that the 97% figure relates specifically to traders’ net derivatives exposure, and not to the overall pool of XRP investors and holders.
Short positions and net exposure dataOn-chain analytics provider Glassnode, known for its detailed market analytics, explained that its reporting methodology is based on subtracting short exposure from long exposure at each price level. A positive value signals more long positions, while negative values indicate more shorts.
Glassnode pointed out that there is also a substantial net-short cluster in the $1.49 to $1.50 range, with the largest negative cluster accounting for over $20 million in notional value. This highlights a market that is currently skewed, with many bullish positions under water and some significant bearish bets at higher price points.
While these entry prices offer insight into current market risk, they do not directly correspond to liquidation thresholds. Exact liquidation points depend on several factors including leverage, margin requirements, and collateral amounts, making it difficult to predict when or if further closures will occur.
Mini dictionary: Glassnode is a blockchain analytics platform that provides data and insights on crypto market activity, including metrics on derivatives, on-chain transactions, and wallet behaviors.
Entry priceTrader positioningNet exposureAbove $1.31Net-long97% underwater$1.40 (avg.)Net-long clusterLargest at this level$1.49 – $1.50Net-shortOver $20 millionOverall, the current derivatives landscape presents a challenging environment for XRP bulls, with a large proportion of leveraged traders facing significant losses unless market conditions shift quickly.
Bitcoin and XRP rebounded and held upside momentum on Friday as Fed Chair Kevin Warsh declined to offer clues on whether the FOMC would hike rates again later this month. Stock and crypto markets plunged after hotter US CPI and PPI inflation data reinforced concerns of Fed rate hikes.
Fed Chair Kevin Warsh Speech: Key Highlights Kevin Warsh joined IMF Managing Director Kristalina Georgieva for a discussion during the IMF-World Bank Annual Meetings. He reiterated the Fed’s commitment to price stability after the central bank’s first rate hike this year in September to 3.75-4% amid sticky inflation, elevated oil prices, and strong investment demand.
Fed chair refused to preview the October 27–28 FOMC meeting. “I don’t prejudge meetings. I don’t believe in saying now what I might do at the meetings we have in the balance of this year,” Warsh said. This continues his preference for data-dependent monetary policy decisions over forward guidance.
However, he noted that most central banks have tightened monetary policy to combat inflation, describing it as a shared fight with no free riders. He also discussed resilience in the US and other economies amid geopolitical conflicts and elevated energy prices. Notably, US retail sales data came in higher than expectations for two consecutive months.
In addition, Kevin Warsh defended September’s rate hike as necessary and called AI “probably the most consequential change to the US and the global economy in my lifetime.” He warned the near-term path will be “very bumpy.” Currently, AI-related investment is boosting demand, with the U.S. benefiting from a broader investment surge beyond AI.
He highlighted that structural growth and investment tailwinds are giving the U.S. economy strength. However, investors remain cautious amid market volatility after hot US CPI and PPI inflation data.
Bitcoin and XRP Prices Rebound Asia stock markets, US stock futures, and crypto prices edged higher on Friday as investors anticipate a Fed rate pause in October. CME FedWatch Tool shows a decline in 25 bps Fed rate hike odds from 33% to 15% in just a few hours. However, concerns about a December Fed rate hike remain.
Meanwhile, 10-year Treasury yields were largely stable near 5.08% after Fed Chair Kevin Warsh remarks. The U.S. dollar index (DXY) dropped to 101.83. Oil prices dipped to almost $97 per barrel as the IEA plans to fast-track its remaining emergency oil stock release and Russian diesel supply. Meanwhile, Iran strikes tankers in the Strait of Hormuz.
Bitcoin has jumped more than 2% over the past 24 hours, currently trading near $82,300. Price rebounded from $79,805 to hit a 24-hour high of $82,508 amid buy-the-dip sentiment. It now holds above the key 50-day moving average level.
XRP price jumped strongly and holds near $1.35, after a drop to $1.28 over the past 24 hours. As CoinGape reported, a popular analyst predicted a fall towards $1.25 before buying pressure to reclaim $1.42 and $1.60 amid strong upside momentum.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
XRP trades at $1.34, and the chart has reached a critical point. The 50-day average, shown in blue, sits near $1.39. The 200-day average, in black, is just beneath it at about $1.38. The gap between them is tiny. If the blue line slips below the black one, the death cross is complete.
XRP drops downThis signal has an ominous name, but it is slow. It reacts to price that has already fallen. XRP dropped from $1.66 in late September to $1.34 now, and that decline is what pulled the 50-day line down. The cross would therefore confirm a move that has already happened, not predict a new one. Still, many traders watch it, and headlines can add selling pressure.
XRP/USDT Chart by TradingViewPrice is also sitting at the orange line near $1.34. This line has held XRP up since the August jump. Over the past few days, sellers pushed below it, but buyers brought price back. The wick down to about $1.28 shows that dip buyers are active. Today's small green candle is a first sign of defense, although it is not strong.
HOT Stories
Are sellers on the edge?The RSI is near 40, which means sellers have the edge, but the market is not yet oversold. Volume has also dried up compared with August and September. Low volume on a drop can suggest sellers are tired. It can also suggest that no one is interested in buying. Without a spike in volume, a clean reversal is hard to trust.
You Might Also Like
The cross will most likely finalize if XRP closes below the orange line and the $1.28 low. In that case, the next area to watch is $1.25, where price bounced in mid-September, followed by the $1.15 to $1.20 zone. Selling could accelerate there because the moving averages would all point down.
A different path exists. If XRP closes above $1.40, it would climb back over the blue and black lines at the same time. That would stop the 50-day line from falling and cancel the cross for now. Bulls could then aim for $1.45 and the green line, and later $1.55.
My view is that the cross is more likely than not, because the averages are already touching and price is below them. But the orange support has not broken yet. A few daily closes will decide the matter. Until then, the setup is a coin flip with a slight tilt to the downside.
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.
Speculative traders in the derivatives market launched a large-scale counterattack to defend the XRP token from a prolonged decline after the release of tough macroeconomic data in the US.
According to the analyst 'DarkFrost' from CryptoQuant, an abnormal capital inflow was recorded on Binance alone as key support levels broke: more than $184 million flowed into long contracts within a few hours. This allowed XRP to quickly recover from its drop below $1.30 and show a local rebound of 5%.
XRP Taker Buy Volume spikes on Binance as price dips below $1.30, Source: @darkfost_coc / CryptoQuant
You Might Also Like
HOT Stories
The massive wave of selling began after XRP corrected by 22.5% from its September high of $1.65. Pressure on the cryptocurrency sector came from US consumer price (CPI) and producer price (PPI) indices that were "hotter" than expected, which triggered a drop in US stock indices.
However, some large players viewed XRP's drop below $1.30 as an extreme market asymmetry and opened positions against the current bearish trend.
All the money went to Binance (literally)On-chain data confirms that the defensive wave of liquidity was isolated and bypassed other major exchanges, concentrating in one place:
Abnormal volume on Binance: In the peak hour, the volume of market buy orders (Taker Buy Volume) on the exchange exceeded $73 million. Several subsequent hourly intervals brought in another $35 million each, forming a total of $184 million in speculative capital.
Low activity on competing exchanges: Other major exchanges ignored the move. In the same peak hour, the volume of similar buys on Bybit was only $1 million, and on OKX, less than $451,000.
card
Despite the short-term success of the strategy and the subsequent 5% price rise, analysts point to high risks for the market. The spike in the Taker Buy Volume metric in the derivatives market reflects the opening of leveraged positions rather than long-term interest from spot investors.
The high concentration of margin contracts in a narrow price range on Binance makes XRP highly vulnerable to cascading liquidations and guarantees increased volatility in the coming days.
XRP is currently trading at $1.34, approaching a pivotal technical moment as its recent price decline has brought two important moving averages close together. The 50-day moving average stands at $1.39, just slightly above the 200-day moving average at $1.38. This small gap signals a possible “death cross,” which occurs when the shorter-term average falls below the longer-term one—a setup many traders view as bearish.
Death cross draws attentionThe death cross pattern, despite its ominous name, typically lags price action. XRP already fell from $1.66 in late September to $1.34, prompting the convergence of the two averages. The signal, if triggered by the 50-day moving average crossing below the 200-day, would confirm the weakness that has already taken place rather than predict new losses. However, this technical development often attracts trader attention and can increase selling pressure if widely reported.
The orange support line near $1.34 has held since XRP’s surge in August. Sellers briefly pushed the price below this level in recent sessions, but buyers stepped in, with the price wick reaching as low as $1.28. The current small green daily candle suggests that some buying defense is present, but the response remains tentative.
Market conditions and volume signalsThe relative strength index (RSI) remains near 40, signaling an edge for sellers but not yet indicating an oversold market. Trading volume has also declined since earlier surges in August and September. Low volume during a price drop can mean sellers are losing momentum, but it can also show a lack of buying interest. Analysts caution that, without a significant uptick in volume, any attempted reversal may lack conviction.
If XRP closes below the orange support line and falls through the recent $1.28 low, the next support sits at $1.25—where a bounce occurred in mid-September—followed by the $1.15 to $1.20 region. A break lower could prompt further selling, as the moving averages would all tilt downward.
Level/IndicatorCurrent ValueSignificanceSpot price$1.34Near key support50-day average (blue)$1.39Approaching 200-day, potential death cross200-day average (black)$1.38Long-term trend gaugeOrange support line$1.34Key daily support since AugustRecent low (wick)$1.28Activated dip buyingNext major supports$1.25, $1.15–$1.20Potential targets if support failsPaths forward for XRPA decisive move below $1.28 would likely finalize the death cross, intensifying the bearish outlook. Downside targets then shift to $1.25, and potentially into the $1.15 to $1.20 range if selling accelerates further.
On the upside, a close above $1.40 could negate the crossover and restore some bullish momentum. In that case, XRP would remain above both moving averages, allowing bulls to potentially target resistance at $1.45 and the green line, and later $1.55 if positive momentum continues.
Technical analysts describe the current situation as finely balanced. While the two averages are nearly converged and the price sits just below them, the orange support has not yet broken down. The next few daily closes are expected to determine whether the death cross is confirmed or a rebound develops.
XRP’s price now hovers at a major support, with moving averages nearly aligned and the market awaiting confirmation of a decisive move. A breakdown below $1.28 would likely accelerate bearish momentum, while a recovery above $1.40 could nullify the impending signal and push the price higher.
A recent vision shared by Brandon Biggs, an Oklahoma-based pastor known for his prophecies regarding XRP, has reignited discussion within the cryptocurrency’s online community. Biggs became the subject of attention after his previous claims suggesting that XRP could reach as high as $10,000, drawing widespread curiosity in both faith-based circles and among crypto enthusiasts.
Biggs’s latest vision involving Musk and XRPIn a new video that circulated widely after crypto commentator XRP Update posted it on X (formerly Twitter), Biggs describes his vision in which Elon Musk, CEO of Tesla and owner of X, plays a central role. He recounts observing Musk with what he calls a significant expansion of wisdom and cognitive capacity, likening it symbolically to “Adam in the Garden” and emphasizing the degree of mental openness in his depiction.
Expanding on his vision, Biggs describes an encounter involving Musk and an owl, which he associates with demonic symbolism. He details the owl as landing on Musk’s shoulder, wearing a wizard hat adorned with a star, and accompanied by images of black webs and spiders. Biggs also shared an AI-generated visualization of this moment to illustrate what he saw.
Biggs clarifies that the black suit and tie worn by Musk in his vision contrasted starkly with a “blinding” white shirt, highlighting what he describes as a symbolic portrayal of opposing forces.
Mini dictionary: Brandon Biggs is an Oklahoma pastor who has attracted attention in the digital asset sector due to his public spiritual visions, several of which have featured XRP or cryptocurrency themes.
Symbolic crossing of X and XRPA segment of Biggs’s vision connecting the X platform (formerly Twitter, acquired by Elon Musk) and the cryptocurrency XRP has drawn particular interest. According to Biggs, he saw the symbols for X and XRP intersect, producing a new combined image “over a moon,” which he likens to the Batman symbol. He displayed an illustration meant to capture this imagery for viewers.
Biggs repeatedly distances himself from literal interpretations of his visions, stating, “I’m not saying they will merge,” and emphasizing that his experience is symbolic. He notes that some have taken his statements out of context in the past, particularly regarding potential partnerships or asset price predictions.
Biggs emphasizes his views should not be considered investment guidance, explaining that the vision is not intended as financial advice but rather as a spiritual impression.
Perspectives on technology, Starlink, and societal transformationBeyond financial or symbolic connections, Biggs links Musk’s activities to broader technological trends. He claims to have seen an “acceleration of tech” around Musk, highlighting Starlink—a global satellite internet service developed by SpaceX—as an important infrastructure for future communications and tracking. Biggs predicts scenarios in which mobile connectivity may extend beyond phones to wearable devices such as rings or bracelets, ultimately leading to embedded chips. He compares this technological evolution to Neuralink, another Musk-founded company developing brain-computer interfaces.
Mini dictionary: Starlink is a satellite-based internet network launched by SpaceX to provide broadband coverage around the world, significantly affecting communications infrastructure in both developed and underserved regions.
He references prior spiritual motifs including Rosh Hashanah and the emergence of what he refers to as “the beast system.” Biggs says he witnessed a “parting of the black sea,” which he connects to a wider narrative about the progress of this technological system.
Within the XRP community, Biggs remains a polarizing figure due to his predictions about the asset serving as a “pillar of the new financial system.” He makes clear that, in his interpretation, Elon Musk is not depicted as the Antichrist. Instead, he refers to Musk as “the funder,” a facilitator behind the development of a new system.
US-based Cross River Bank has taken steps to integrate RLUSD, the stablecoin developed by Ripple, into its infrastructure.
US-based Cross River Bank announced it has partnered with Ripple to integrate Ripple’s dollar-backed stablecoin RLUSD into its banking infrastructure. The collaboration, announced today, also includes transactions on the XRP Ledger.
RLUSD will be included as an additional option to traditional payment methods within the bank’s Core Operating System. Cross River customers will be able to access stablecoin payments via a single API connection without needing to set up a separate blockchain infrastructure.
The bank stated that the integration aims to support 24/7 switching between US dollars and RLUSD, cross-border payments, and corporate treasury transfers. ACH, bank transfer, and real-time payment services will also be available on the same platform.
According to Cross River, transactions on the XRP Ledger can be completed in approximately three to five seconds. The bank aims to expand intraday settlement options for payment networks and reduce transaction delays with this infrastructure.
*This is not investment advice.
Follow our Telegram and X account now for exclusive news, analytics and on-chain data!
The Pi Network price traded at $0.0805 on Friday, October 16, gaining 4.58% over 24 hours.
The rebound came ahead of today’s scheduled Protocol v28 Mainnet upgrade.
The broader cryptocurrency market rose 1.61% to $2.76 trillion, leaving PI ahead of the overall recovery.
Bitcoin price traded near $82,106, Ethereum hovered around $2,435, and XRP stood at approximately $1.33.
Protocol v28 Mainnet Upgrade Scheduled Today
After the successful implementation of Protocol 27 on the Mainnet, Pi Testnet has already embarked on the journey to Protocol 28. As of October 13, node operators needed to upgrade their software ahead of the Mainnet transition on October 16.
The update enhances the network’s ability to deal with delayed data from transactions. It also enables developers to upgrade groups of smart contracts together. Another enhancement enables safe modification of application data that is stored.
Following the successful completion of the Protocol 27 upgrade on Pi Mainnet, Pi Testnet has upgraded to Protocol 28.
Protocol 28 improves how the network handles delays in transaction data and enables developers to upgrade groups of smart contracts at once and change stored data more safely as their applications develop.
All Node operators must upgrade their nodes to Protocol 28 by October 13, 2026, in preparation for the Mainnet Protocol 28 network upgrade on October 16, 2026.
— Pi Network (@PiCoreTeam) September 25, 2026
Together, these changes could simplify application maintenance and reduce operational difficulties for developers.
However, the scheduled activation date should be distinguished from confirmation that the network has completed its transition. Traders will also watch whether early gains survive profit-taking once the scheduled upgrade attracts wider attention.
First Pi Ecosystem Summit Announced for November 17–19
The Pi Core Team has announced its first Pi Ecosystem Summit, a three-day online event running November 17–19. The program includes new platform features, developer demonstrations, and application showcases from community builders and partnering companies.
An all-new hackathon will also be introduced, with additional details expected during the event.
The First-ever Pi Ecosystem Summit has been announced by @PiCoreTeam.
November 17-19. 3 days. Online.
– New platform and features releases
– Developer demos
– App showcases from community and partnering companies
-All-new hackathon, and more.
I like. Maybe we’re about to see the reason behind the protocol-upgrades sprint.
— Woody Lightyear 𝛑 (@WoodyLightyearx) October 16, 2026
The summit could help explain how developers intend to use capabilities introduced through the recent protocol upgrades. The team has not confirmed a connection between the summit and its protocol upgrade schedule. For PI holders, the stronger signal would be applications attracting users and generating sustained network activity.
Pi Network Price Prediction: Will PI Coin Reach $0.10?
The Relative Strength Index stands at 40.43, below the neutral midpoint of 50. The MACD indicator with 12 and 26 period settings rounds to zero and has a neutral classification.
In a bullish scenario, $0.0850 is an initial recovery target, followed by the $0.0890–$0.0900 area.
A sustained breakout above this resistance zone could bring the psychological $0.10 level into view, per the future Pi Coin outlook.
Source: TradingView
On the downside, $0.0800 is the immediate pivot, followed by $0.0780 and $0.0750. The $0.0750 level marks Thursday’s low and offers support. Losing that floor could expose the broader $0.0700–$0.0705 area.
TLDR: Cross River Bank is integrating Ripple’s RLUSD stablecoin into its proprietary Core Operating System. RLUSD transactions on the XRP Ledger settle in 3-5 seconds at a fraction of a cent, around the clock. Fintechs can move between dollars and RLUSD and access ACH, wires, and real-time payments via one API. RLUSD market capitalization has passed $2.5 billion, with more than $1 billion issued on the XRP Ledger. Cross River Bank has partnered with Ripple to integrate RLUSD, Ripple’s U.S. dollar-backed stablecoin, into its Core Operating System.
The integration supports transactions on the XRP Ledger, a public blockchain. The move brings traditional banking and blockchain-based payments closer within the regulated U.S. financial system.
Issuers and acquirers gain a new option to settle intraday and reduce settlement latency. Fintechs can reach RLUSD payments through a single API connection for real-time settlement.
Cross River Bank described its platform as an integration layer between regulated financial services and blockchain-based payment networks.
RLUSD will sit inside the bank’s proprietary technology. As a result, customers can access the stablecoin without deploying their own blockchain infrastructure.
Cross River Bank shared the news in a post on X. The post said the partnership expands its stablecoin optionality. It also said the bank is proud to give partners “ The bank described the effort as a unified payments experience.
🪙 We’re excited to announce that we’re partnering with @Ripple to expand our stablecoin optionality and integrate RLUSD into our banking core infrastructure, with support for transactions on the XRP Ledger.
Together, we’re combining traditional payment technology with RLUSD on… pic.twitter.com/VnWjrexqWT
— Cross River Bank (@crossriverbank) October 15, 2026
Adam Goller, Head of Fintech Banking at Cross River, commented on the partnership. He said,
Goller added that the integration builds on existing stablecoin infrastructure and expands
Fintechs can move between U.S. dollars and RLUSD on the platform. They can also settle cross-border payments and treasury movement 24/7.
Customers will access ACH, wires, and real-time payments through the same platform. Cross River will add RLUSD as an additional payment rail.
RLUSD and the XRP Ledger Support Faster Settlement RLUSD is purpose-built for institutional use and issued on the XRP Ledger, a public blockchain. Transactions on the network settle in three to five seconds at a fraction of a cent. Payments can also move 24/7. The XRP Ledger has settled more than $1.3 trillion in value to date.
Markus Infanger, SVP of RippleX at Ripple, also commented on the integration. He said, he added.
Infanger said Cross River is He said the combination
Transfers can also occur across borders and around the clock. Together, the companies are building tools so RLUSD can move alongside traditional dollars under the same standards. The expanded partnership brings Ripple deeper into Cross River’s ecosystem.
RLUSD has grown to more than $2.5 billion in market capitalization. More than $1 billion is issued on the XRP Ledger.
Demand continues to rise for regulated stablecoins across payments, trading, and institutional use cases. Services from Cross River Bank are currently available only in limited states.
Bitcoin, Ethereum, XRP Gain, but Dogecoin Slips Amid Spike in Rate Hike Odds: Analyst Says Everything Is ‘Fine’ for BTC if It Trades Above This Key Level
A routine government financial report has sparked conversation among XRP supporters after White House Press Secretary Katie Zacharia referred to $58.9 billion in recovered funds during a briefing. The number, though cited in a broader financial context, quickly became a focal point among those who follow Ripple’s XRP token.
White House briefing highlights recovery effortsDuring an official briefing, Press Secretary Zacharia said the Trump administration recovered $58.9 billion through indictments, legal settlements, and civil monetary penalties. She detailed efforts that included uncovering fraud exceeding $260 billion and preventing an estimated $72 billion in fraud annually through administrative actions.
The statement did not reference cryptocurrencies or digital assets. However, the $58.9 billion figure attracted immediate attention from the online XRP community due to the presence of the digits “589,” a number long associated with the XRP price target.
The significance of 589 for XRP holdersWithin the XRP community, the number 589 holds particular meaning. Many XRP holders see $589 as a symbolic price target, linked to earlier predictions that anticipate substantial gains if XRP were to claim a large share of the global payment infrastructure. The figure has become an unofficial rallying symbol for XRP enthusiasts and is referenced in community discussions as a sign of long-term belief in the asset’s potential.
When “589” appears in prominent or unexpected sources, such as a White House briefing, it tends to reignite optimism and discussion within the group.
Community reaction and search for meaningNoted crypto commentator Pumpius posted the clip on social media, remarking on the occurrence of the number 589 in the briefing. The post quickly drew engagement from XRP supporters. Some community members voiced excitement, while others maintained a cautious perspective, focusing on nearer-term price targets for XRP such as $5.89 before considering the $589 milestone.
Others in the discussion pointed out that the appearance of 589 in government statements is likely a coincidence, but acknowledged its ongoing presence as a shared motif among XRP holders.
Several XRP supporters note that the repeated emergence of 589 in the public sphere continues to strengthen conviction around the asset’s long-term potential, even if the context is unrelated to cryptocurrency.
Some community members expressed confusion over the connection between the government’s figures and the digital asset, but many understood the popularity of the number 589 as a community inside reference.
Symbolism and past appearancesOver the years, the number 589 has surfaced in various forms within the XRP community. For example, Ripple CEO Brad Garlinghouse follows exactly 589 accounts on X, the social media platform formerly known as Twitter. These instances contribute to the narrative and symbolism attached to the figure, reinforcing the culture of speculation and anticipation within the group.
The repeated sighting of 589 in multiple, unrelated contexts adds to its mythos in community discussions, even though no direct link exists between the White House statements and XRP itself.
Mini dictionary: Katie Zacharia, White House Press Secretary—serves as the official spokesperson for the President and the administration’s policies, handling media communications and public briefings.
While the numeric coincidence may not influence XRP’s immediate market direction, it continues to act as a psychological anchor for the community, sustaining long-term optimism about XRP’s potential trajectory.
Cross River Bank has signed an agreement with Ripple to connect its stablecoin, RLUSD, to its banking services on the XRP Ledger. The collaboration will enable fintech companies to use blockchain payments, cross-border transfers, and settlement services via a single banking platform.
Cross River Bank Adopts Ripple’s RLUSD for Banking Infrastructure. According to Cross River, Ripple’s RLUSD will be integrated into its proprietary Core Operating System (COS), which will allow traditional banking services and blockchain payments to be linked. The integration will enable companies to transfer money between USD and RLUSD without keeping multiple blockchain systems.
ACH transfers, wire payments, and real-time settlement will all be supported on the platform via a single API connection. International payments will also be available for businesses to process, and treasury transfers can be made outside banking hours.
Adam Goller, Cross River’s Head of Fintech Banking, explained that the partnership would reduce the need for multiple payment providers.
“Businesses shouldn’t have to rely on several different providers to move money across the globe,” Goller said.
By joining the Cross River, Ripple also broadens its institutional payment network as financial institutions embrace digital asset services. The firm has been doing the same with Ripple’s collaboration with Privy, which has enabled the access to XRP Ledger payments via XRP and RLUSD wallets in the applications.
XRP Ledger to Support Faster RLUSD Settlement The XRP Ledger will provide the blockchain infrastructure supporting RLUSD transactions within Cross River’s payment system. According to the companies, XRPL transactions typically settle within three to five seconds and cost fractions of a cent.
The network is active around the clock and enables companies to initiate transfers when the traditional banking systems are down. Such features will help Cross River reach its goals of intraday settlement and minimizing delays in cross-border transactions.
RippleX Senior Vice President Markus Infanger explained the significance of bridging stablecoins to the existing banking system.
“Stablecoins are not going to change payments using parallel financial systems, this is going to happen by being part of the banking infrastructure that businesses are using,” he said.
Beyond payments, Ripple has expanded institutional access to RLUSD through Standard Chartered’s launch of custody services for the stablecoin. The service will enable qualified institutional buyers to acquire RLUSD via the bank’s digital asset custody platform.
Cross River Bank has partnered with Ripple to integrate its RLUSD stablecoin into its core banking infrastructure through the XRP Ledger. The partnership will allow fintech companies to access blockchain payments, cross-border transfers, and settlement services through one banking platform.
Ripple’s RLUSD Adoption Expands Across Financial Institutions Meanwhile, Ripple has reported that RLUSD has surpassed $2.5 billion in market capitalization, including more than $1 billion issued on XRPL. The company also stated that the XRP Ledger has processed more than $1.3 trillion in settlement value.
The stablecoin’s growing circulation has accompanied increased activity across Ripple’s institutional services. Recent RLUSD minting and burning transactions on Ethereum and XRP Ledger further reflect treasury operations across the two networks.
Cross River already operates stablecoin payment infrastructure that connects blockchain networks with regulated banking services. Adding RLUSD gives its business customers another settlement option while retaining access to conventional payment systems.
However, Cross River Bank has confirmed that the services are currently available only in limited U.S. states.
Ripple Labs, a blockchain payments company recognized for its fast, low-cost cross-border payment solutions, has seen its native token, XRP, attract significant institutional interest on Wall Street. Over the past thirteen weeks, XRP-powered exchange-traded funds (ETFs) accumulated a cumulative net inflow of $1.8 billion, according to data from analytics firm SoSoValue.
Institutional ETF demand led by Bitwise, Franklin Templeton, and CanaryETF trading data reflected a steady, sustained appetite for XRP among institutional investors. The three leading funds—Bitwise, Franklin Templeton, and Canary Capital—have driven this positive momentum during a 13-week streak of net inflows.
Bitwise’s XRP-linked ETF remains the market leader, having attracted $688.48 million in inflows to date. Franklin Templeton’s XRPZ fund follows, racking up $396.59 million, while Canary Capital’s XRPC product has drawn $325.47 million. All three ETFs maintain competitive fee ranges between 0.16% and 0.29%.
ETF ProviderCumulative InflowFee RangeBitwise$688.48 million0.16% – 0.29%Franklin Templeton$396.59 million0.16% – 0.29%Canary Capital$325.47 million0.16% – 0.29%A single-day inflow of $740,410 into XRP-linked ETFs was recorded yesterday, even as the overall crypto market faced downward pressure. This ended a three-day stretch without new investments during regular business days.
ETF momentum fails to boost XRP priceDespite persistent institutional interest, XRP’s price performance has not mirrored the ETF inflows. At the time of writing, XRP has fallen 4.5% in the last 24 hours and trades within a tight range of $1.30 to $1.35, according to CoinGecko.
This week, Evernorth debuted a $476 million fund on NASDAQ that incorporates XRP exposure. Market analysts have cited this new fund as a potential catalyst for improved sentiment if it delivers strong returns, potentially influencing the broader perception of XRP in traditional markets.
However, large holders—often referred to as crypto whales—remain cautious. Data suggest these influential market participants have recently reduced their XRP holdings, signaling skepticism about an imminent rally. The Chaikin Money Flow (CMF), a technical indicator that assesses buying and selling pressure, showed negative readings between -0.07 and -0.21 on various timeframes, indicating selling sentiment persists.
Mini dictionary: Chaikin Money Flow (CMF) is a technical analysis indicator that measures the volume-weighted accumulation and distribution of a security over a specific period, providing signals on buying or selling pressure in the market.
XRP ETFs continue to attract hundreds of millions of dollars from institutional investors, yet this robust demand has yet to trigger a sustained price increase for the underlying token on the spot market.
Market observers are watching to see if changing macroeconomic or geopolitical factors may eventually translate investor enthusiasm for XRP ETFs into upward price movement on crypto exchanges.
Ripple Prime, Ripple’s institutional brokerage unit, has launched perpetual swap trading for real-world assets ranging from stocks to metals. The products, announced today, reference perpetual futures contracts listed on Hyperliquid by Trade.xyz.
The new service covers more than 100 reference markets, including stocks, indices, ETFs, metals, energy, and forex. Ripple stated that transactions and exchanges can be conducted 24/7, including weekends.
According to the company’s statement, market maker Virtu is among the institutional clients that have begun using the products. In transactions, the counterparty to the contract is Ripple Prime, and the value of the swaps is tied to the relevant contracts in Hyperliquid.
Clients can use Ripple’s dollar stablecoin RLUSD as collateral, depending on eligibility requirements in their jurisdiction. Collateral needs for positions in different asset classes can also be evaluated within the same portfolio.
The products provide access to price movements through derivative contracts, rather than directly purchasing the underlying stock or commodity. Ripple announced that it initially offered the service under a CIV BVI license and plans to expand to more regions, but did not give a specific date for the new regions.
*This is not investment advice.
Follow our Telegram and X account now for exclusive news, analytics and on-chain data!
Jacob Metzger, a wealth coach known for his optimistic stance on digital assets, has announced that he is no longer purchasing XRP. Metzger reached a predetermined investment target he set in 2022 and has decided to conclude his accumulation after buying the token since 2020. He described this achievement as “immensely satisfying” and has moved to the next phase of his investment strategy.
New investment direction after XRPWith additional capital now available, Metzger plans to diversify across real estate, tangible assets such as gold and silver, and a range of other digital currencies, including XLM, HBAR, and Quant. He also considers SpaceX a “conviction position,” citing the company’s significant growth prospects in the coming decade. Metzger intends to consult his advisory board to recalibrate his portfolio and define new objectives.
His change in approach to XRP does not reflect a loss of confidence in the token’s long-term potential. Rather, Metzger’s actions are a result of reaching his accumulation benchmark and redeploying new capital. He has previously stated that he views a repricing of XRP as inevitable and remains an advocate for the asset’s future growth.
Metzger explained the personal significance of reaching his XRP goal, describing it as the conclusion of one chapter and the start of another. He emphasized that his stance is rooted in strategy, not doubt, and highlighted the disciplined process behind his portfolio shift.
First public long-term XRP predictionDuring his recent announcement, Metzger released his first public price prediction for XRP by 2030. He presented both a bearish scenario, forecasting $100, and a bullish outlook with the potential to surpass $1,000. While he did not provide a detailed methodology, he indicated that both figures represent plausible outcomes in his opinion.
These predicted values are significantly higher than XRP’s current trading price and have attracted attention within the cryptocurrency community.
Ongoing industry support for XRPMetzger featured commentary from EasyA co-founder Dom Kwok in his video. Kwok remains bullish on XRP, citing Ripple’s acquisition of Hidden Road as evidence of the XRP ledger’s growing real-world use, especially for trade settlement. He highlighted the system’s speed and cost efficiency compared to traditional alternatives.
Kwok also predicted that XRP could reach $1,000 by 2030. He described it as “probably one of the most important projects out there at the moment.”
In markets driven by trends and investor timing, another notable case has emerged within meme tokens. An example shared by Fomo App involved a “Niu Lai” investment that turned $99 into approximately $370,000, emphasizing the rapid impact of viral sentiment. Monitoring both timing and token selection is increasingly recognized as essential for market participants. Fomo App offers a unified platform for discovering tokens, trading, and tracking investor activity, featuring social feeds, rankings, and trade alerts, providing new tools for those interested in fast-moving sectors including meme tokens.
Dom Kwok indicated that the XRP ledger’s increased utility could set it apart as a leader in efficient trade settlement, pointing to Ripple’s acquisitions and ongoing development as foundational strengths.
Execution and outlookMetzger’s move to stop buying XRP marks the disciplined execution of a long-standing plan. Instead of reflecting disillusionment, it shows his commitment to methodical portfolio management. His high price predictions for XRP by 2030 highlight his lasting confidence in the asset even as he expands into new investment avenues.
XRP is nearing a significant resistance zone at $1.38, which coincides with the red-labeled Bollinger Band. Market analysts observe that if XRP closes above this barrier on the daily chart, attention could shift to the $1.49 SuperTrend price line as a new target.
$1.60 possible if resistance is clearedAli Martinez, a well-known cryptocurrency trader, outlined in his latest analysis that XRP may first drop towards $1.25. This support level aligns with the lower boundary of the parallel channel identified in recent price charts.
Despite negative sentiment, including notable selling activity by larger holders, Martinez suggested a possible upward reversal could occur soon. He highlighted, “A bounce from $1.25 could give XRP the strength to rally toward the mid-range at $1.42 or potentially the top of the channel at $1.60.”
XRP’s price action suggests $1.25 might serve as a springboard for moves towards $1.42 or $1.60, provided the current downtrend reverses at support.
Presently, XRP trades approximately $0.06 above the channel’s lower boundary. Broader market uncertainty remains, as Bitcoin’s failure to hold above $87,000 has unsettled risk assets across markets.
In the regulatory landscape, the CLARITY Act failed to advance in the US Senate following an unsuccessful cloture vote on September 15, 2026. The White House introduced an alternative proposal the following month.
Despite external uncertainties, main on-chain technical indicators for XRP show strength. Martinez pointed to signs that a local bottom could be forming on the daily chart, referencing buy signals identified by the Tom DeMark Sequential at the $1.31 to $1.32 range, including a Sequential 13, a TD 9, and another Aggressive 13.
Mini dictionary: Tom DeMark Sequential, a technical indicator used to identify potential turning points in price trends. It highlights points where a trend may be exhausted and a reversal becomes likely.
Bearish sentiment and liquidation pressureFor a bullish reversal to materialize, a shift in momentum by buyers would be necessary. On Thursday, XRP’s trading volume stood at $3 billion, but bears have dominated, with selling pressure outweighing buying interest.
Derivatives data from CoinPaprika and CoinGlass display similar trends in sentiment. According to CoinGlass’ Futures statistics, the long-to-short ratio has dropped to 0.93, indicating that traders betting on a price decline currently outnumber those anticipating gains.
Liquidation figures reveal that bulls faced $11.88 million in forced liquidations, nearly matching the total $12.56 million liquidated. This underscores heightened risk for those traders expecting an upward move in XRP.
Data SourceLong vs Short RatioTotal LiquidationsBull LiquidationsCoinGlass0.93$12.56M$11.88MWhile technicals point to a potential local bottom, traders remain cautious due to prevailing bearish momentum and continued liquidation pressure.
Remittix defines its final RTX price path as Hyperliquid’s revenue model and Ripple’s latest institutional partnership strengthen bullish HYPE and XRP forecasts.
MAJURO, Marshall Islands, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Remittix is moving through its final presale phase with RTX available at $0.28 before an announced $0.46 final tier and planned minimum exchange launch price.
The defined price path gives Remittix a clear pre-launch catalyst before RTX begins public trading on November 24, 2026. More than 40,000 participants have joined the presale, which has raised over $32 million toward its $36 million hard cap.
The update comes as Hyperliquid’s revenue approaches $1.4 billion and Ripple brings its institutional infrastructure to DriveWealth. Those developments support aggressive targets of $250 for HYPE and $20 for XRP while highlighting the market value placed on trading, payments and financial rails.
The $0.28 RTX Entry Creates a Defined Price Gap
The progression from $0.28 to the announced $0.46 final presale tier represents a potential increase of approximately 64%. The same $0.46 level is planned as the minimum exchange launch price, creating a visible reference point before open-market trading begins.
November 24 adds a firm deadline to that price structure. Buyers can track the remaining allocation, the $36 million hard cap, the final tier and the public-market launch rather than waiting through an open-ended presale.
PayFi Gives Remittix a Large Primary Market
Remittix is primarily a PayFi project designed to connect supported cryptocurrency with ordinary bank settlement. A sender can fund an eligible transaction using crypto while fiat reaches the recipient through a compatible banking route.
One thousand invited RTX holders can test EUR and USD transfers using USDT and USDC across Ethereum, Celo, Base and Polygon. The wider Remittix ecosystem includes an iOS wallet with more than 10,000 downloads, Remittix Markets with over $50 million in volume and Remittix Earn, which is approaching release with advertised yields of up to 22% APY.
PayFi supplies the real-world entry point, while trading, wallet activity and earning can create additional demand inside the same application.
Hyperliquid Targets $250 as XRP Price Prediction Eyes $20
Hyperliquid has generated approximately $1.35 billion in cumulative protocol revenue, with its fee-funded buyback model becoming a central part of the HYPE investment case. HYPE recently traded near $81, placing a $250 target at more than three times its current level. Reaching it would require Hyperliquid to maintain its dominance in decentralized perpetual trading and continue converting volume into token demand.
Ripple’s DriveWealth partnership provides XRP Ledger with another institutional route. DriveWealth plans to use RLUSD on XRPL for European settlement before expanding to the United States, while also integrating Ripple Payments and custody infrastructure. For XRP, a move from around $1.30 to $20 would represent a major institutional-payments rerating.
Remittix Brings Payments and Trading Into One Earlier-Stage Opportunity
Hyperliquid demonstrates the value that active traders and fee generation can create, while Ripple shows how payment infrastructure can reach institutional markets. Remittix connects both themes through PayFi and its live perpetual platform.
At $0.28, RTX remains in its presale stage with a $0.46 final tier and November 24 launch ahead. That combination places Remittix among the most closely watched new crypto launches for buyers seeking utility, a defined price path and multiple ecosystem demand channels.
About Remittix
Remittix is developing a connected PayFi ecosystem for crypto-to-bank and bank-to-crypto transactions. Its products include international payment settlement, a mobile wallet, Remittix Markets and the forthcoming Remittix Earn service.
Media Contact
Company: Remittix
Email: [email protected]
Disclaimer: This content is provided by Remittix. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
Legal Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/21d88bfc-aedc-431e-b49e-fc6a8507265f
XRP has emerged from an extended period of downward pressure, according to recent analysis by Bitcoin Boy, a cryptocurrency analyst active on X. After more than a year trapped within a descending channel, the digital asset moved beyond a key technical barrier, offering renewed optimism for its price trajectory.
Descending channel breakout signals structural shiftXRP, the digital token developed by Ripple, reached its all-time high of $3.65 in July 2025. Following this peak, the asset entered a prolonged consolidation phase, moving within a clearly defined descending channel until late 2026. The lower boundary of this pattern neared $0.90 before XRP experienced a sharp upward breakout that propelled it into its current price range.
With the channel breached, XRP now trades just above $1.39, holding close to a significant support level at $1.26. The move above the channel’s resistance forms the basis for Bitcoin Boy’s updated market outlook.
Bitcoin Boy stated that XRP recently broke free from its extended downtrend channel, adding that while the recovery may require more time, he believes the shift is a positive development for the asset.
Key support and resistance levelsTechnical analysis identifies several important horizontal zones for XRP in the coming period. Immediate resistance resides at $1.70, while higher targets are set at $2, $2.20, and $2.70, each of which has previously functioned as either support or resistance.
The analyst highlights $3.65—the previous record high—as the primary price target. On the downside, support near $0.99 is marked as the accumulation zone where the recent recovery began.
LevelType$0.99Major support / Accumulation base$1.26Short-term support$1.70Immediate resistance$2.00 – $2.20Key resistance zone$2.70Historic support/resistance$3.65All-time high / Primary targetAnalyst forecasts gradual recoveryAccording to Bitcoin Boy’s chart, XRP’s next significant move depends on its ability to break through successive resistance levels. The projected path outlines a gradual rise from around $1.39 toward $3.65. There is no specific timeframe given for this potential advance, and the analysis highlights the broader structural change rather than a short-term trigger.
Bitcoin Boy emphasized that the key technical barrier is now behind XRP, setting up a new trend that could eventually lead to a retest of prior highs if critical resistance points are surpassed.
Market implications of the breakoutMaintaining levels above $0.99 has strengthened XRP’s setup, as previous resistance now serves as new support. This shift in structure could open the path to higher price objectives if the asset holds current gains and advances through next targets.
Bitcoin Boy’s perspective offers a cautiously optimistic outlook for XRP’s mid-term performance, with the asset’s technical position now more favorable than at any moment in the past year.
Mini dictionary: Bitcoin Boy – A cryptocurrency market analyst known for sharing technical analysis and price outlooks, particularly on social media platform X.
Cross River Bank is integrating Ripple’s RLUSD stablecoin directly into its core banking system, while XRP (CRYPTO: XRP) flashes technical buy signals after bouncing off its lows.
What the Cross River Partnership CoversCross River announced Thursday that it’s embedding RLUSD, Ripple’s dollar-backed stablecoin, into its Core Operating System, with support for transactions on the XRP Ledger.
The move lets fintechs access RLUSD payments through a single API connection, covering real-time settlement and cross-border transactions without needing to build their own blockchain infrastructure.
RLUSD (CRYPOTO: RLUSD) settles on the XRP Ledger in 3 to 5 seconds at a fraction of a cent, and the network has processed more than $1.3 trillion in total value to date.
Cross River Head of Fintech Banking Adam Goller said the integration lets fintechs move between U.S. dollars and RLUSD, settle cross-border payments 24/7, and access ACH, wires and real-time payments all through one platform.
RippleX SVP Markus Infanger said stablecoins will reshape payments by becoming part of banks’ existing infrastructure rather than operating as a separate system.
Here’s where RLUSD stands today:
Market cap: more than $2.5 billion Issued on XRP Ledger: over $1 billion Availability: currently limited to select US states Why XRP Is Flashing Buy Signals Despite Staying BearishXRP recovered to $1.33 after dipping to $1.28, leaving a long lower wick that suggests buyers stepped in below $1.30.
The token still trades below the rising support line of its symmetrical triangle pattern, and recent lower highs and lower lows keep the near-term trend bearish.
Widely-followed crypto analyst Ali Martinez posted on X that XRP has flashed several TD Sequential buy signals near current levels, including a Sequential 13, a TD 9, and an Aggressive 13.
Together, he said, those signals suggest a local bottom may be forming. If buyers step in, Charts is watching for a rebound toward $1.40, followed by resistance near $1.50.
Where XRP Stands TechnicallyThe rebound has yet to reverse XRP’s broader breakdown, with initial resistance sitting around $1.35 to $1.38.
A sustained move above $1.40 to $1.43 would bring the token back toward its broken trendline and ease selling pressure.
Key levels for XRP: $1.35 to $1.38: initial resistance $1.28: immediate support to watch Photo via Shutterstock
Cross River Bank is adding Ripple's RLUSD stablecoin to its Core Operating System, with payments on the XRP Ledger and one API for fintechs.
@crossriverbank is adding RLUSD, @Ripple's stablecoin, to its core banking platform, with payments running on the XRP Ledger. Fintechs that use the bank can move between dollars and RLUSD and settle around the clock through one connection.
Card issuers and payment processors also get a new way to settle during the day, cutting payment wait times. $RLUSD now carries a market cap of slightly over $2.4B.
What the Cross River integration covers Cross River Bank, based in Fort Lee, is integrating Ripple's U.S. dollar-backed stablecoin into its proprietary Core Operating System. The bank said the setup creates a path for fintechs and other business customers to move between U.S. dollars and RLUSD through a single banking platform and API connection.
The stablecoin will sit alongside existing rails. Cross River said the connection would combine RLUSD transfers with ACH, wire transfers and real-time payments through one application programming interface. Customers will not need to deploy their own blockchain infrastructure to use the new route.
For payment networks, Cross River said the move is designed to help issuers and acquirers settle intraday, reduce settlement latency and access blockchain-based payments through a regulated banking platform. said Adam Goller, head of fintech banking at Cross River.
There are limits for now.
RLUSD supply and the bank push
Market cap figures vary by data provider and date. Either way, the token is far smaller than the sector leaders.
The deal gives Ripple a regulated U.S. banking channel for RLUSD.
Sources
ROI-NJ: Cross River integrates Ripple stablecoin into core banking payments platform
crypto.news: Ripple signs Cross River deal to bring RLUSD into core banking
RWA.xyz: Ripple USD (RLUSD) market data
Ripple has signed an agreement with Cross River Bank to connect its RLUSD stablecoin to a single banking platform for dollar transfers, cross-border payments, and round-the-clock settlement on the XRP Ledger.
Summary
Cross River will integrate RLUSD into its Core Operating System through a single API connection.
Fintech customers will access stablecoin transfers alongside ACH, wires, and real-time payment services.
The bank says its services are currently available only in limited U.S. states.
Recent Ripple agreements cover brokerage settlement, institutional custody and wallet tools for application developers.
Cross River announced the partnership on Oct. 15, saying fintech companies would be able to move between U.S. dollars and RLUSD through its existing banking infrastructure. Under the agreement, the bank will add the stablecoin to its proprietary Core Operating System, or COS, with transactions supported on the XRP Ledger.
For businesses using the platform, the bank described access to blockchain payments without having to build separate blockchain infrastructure. Cross River said its connection would combine RLUSD transfers with ACH, wire transfers and real-time payments through one application programming interface.
Cross River will connect RLUSD with existing bank payment services
Within its payment network offering, Cross River said RLUSD would give issuers and acquirers another option for settling funds during the day. The bank expects the integration to reduce settlement delays while supporting international payments and treasury transfers outside standard banking hours.
Explaining the service, Adam Goller, Cross River’s head of fintech banking, said:
“Businesses shouldn’t have to rely on several different providers to move money across the globe.”
Goller said the agreement builds on stablecoin capabilities already under development at the bank, allowing fintech customers to convert between dollars and RLUSD while accessing conventional payment methods through the same platform.
According to the announcement, XRP Ledger transactions typically settle within three to five seconds, cost fractions of a cent, and operate around the clock. The release also put the ledger’s cumulative settlement value above $1.3 trillion.
For U.S. businesses considering access, Cross River said its services are currently available only in limited states.
Describing Ripple’s approach, Markus Infanger, senior vice president of RippleX, said stablecoins would become part of “the banking infrastructure businesses already use.” He said connecting RLUSD with Cross River’s regulated platform could simplify international and round-the-clock transfers for fintech companies.
RLUSD supply has expanded under New York supervision
Alongside the banking announcement, the companies reported that RLUSD had exceeded $2.5 billion in market capitalization, including more than $1 billion issued on the XRP Ledger.
As crypto.news reported on Sep. 26, RLUSD’s supply approached $2.5 billion, with CoinMarketCap placing circulation near 2.49 billion tokens. Ripple had reported that the stablecoin passed $2 billion in market value in late August.
At the September snapshot, DefiLlama figures cited in the report placed the XRP Ledger’s total stablecoin supply near $1.19 billion. RLUSD accounted for about $1.10 billion, or more than 92% of the tracked total, while the remaining RLUSD supply circulated on other networks.
For the U.S. issuance structure, Ripple identifies Standard Custody & Trust Company as RLUSD’s issuer. The subsidiary operates under a limited-purpose trust charter supervised by the New York State Department of Financial Services.
According to Ripple’s transparency disclosures, RLUSD reserves are subject to monthly independent attestations. Its published Sep. 24 snapshot listed approximately $2.409 billion in circulating tokens against $2.5315 billion in reserve funds.
DriveWealth plans RLUSD settlement before a U.S. rollout
In a separate agreement announced Oct. 14, Ripple partnered with DriveWealth to introduce RLUSD settlement and payments across a brokerage infrastructure network serving more than 100 partners globally.
According to the companies, settlement integration will begin in Europe before a planned extension to the United States. The arrangement includes RLUSD on the XRP Ledger and tools for creating and redeeming the stablecoin.
For collateral accounts, the announcement described stablecoin deposits that could convert into cash in near real time. Through Ripple Payments, DriveWealth also plans to receive cross-border funds from international partners using its investing infrastructure.
In explaining the funding problem, the companies noted that U.S. equities settle one business day after a trade, while international dollar transfers can take longer. DriveWealth CEO Naureen Hassan said the company wants account funding to support customers already using its 24/5 trading service.
The agreement also covers European digital asset custody, according to the release, with additional markets planned over time. Separately, the companies said they were exploring equity financing through Ripple Prime’s Delta One business.
Standard Chartered custody is live while collateral work continues
On Oct. 12, Standard Chartered launched institutional RLUSD custody on the XRP Ledger through its Dubai International Financial Centre branch.
According to the bank, eligible institutional clients can hold the stablecoin through that operation, which is regulated by the Dubai Financial Services Authority. Standard Chartered is also working with Ripple and LMAX Group on a separate collateral arrangement.
Under the proposed structure, the bank said clients could use eligible RLUSD holdings to support trading positions while leaving the underlying tokens in its custody. Implementation remains subject to testing, final legal documents, internal approvals, and applicable regulatory requirements.
For application developers, Stripe-owned Privy announced XRP Ledger wallet tools through a Ripple partnership on Oct. 13. The provider said developers would be able to create wallets, manage them through software, and sign transactions involving XRP, RLUSD, and other assets issued on the ledger.
Within consumer applications, Privy said its embedded wallets could support stablecoin payments without requiring customers to manage their own cryptographic keys. Its announcement also identified server-side wallets for businesses building AI agents that make payments through systems such as x402.
Crypto analyst Schneider, known as @Linnea53566, has drawn significant attention with her recent analysis of XRP’s daily price chart. She identified a multi-year falling wedge pattern that has now reached a crucial turning point, accompanied by a bold price target that has sparked widespread interest within the cryptocurrency community.
Falling wedge pattern at critical stageSchneider’s chart illustrates XRP’s price compressing within two converging trendlines, tracking the asset from early 2025 through mid-2026. The upper boundary descends from XRP’s all-time high of $3.65, while the lower support stretches upward from late 2024 levels.
XRP has trended lower since the middle of 2025, with its price action forming a falling wedge pattern. Typically, analysts view this structure as a bullish signal, indicating buyers may be ready to step in as the price tightens between support and resistance.
The biggest altseason in crypto history is loading. Are you ready for what’s coming?
Schneider’s remarks have resonated with many traders anticipating a market-wide rotation toward alternative cryptocurrencies.
Breakout and support zoneAt the time of Schneider’s analysis, XRP was trading at $1.4216. Key support on her chart was identified between $1.1145 and $1.4128, directly below the then-current price and seen as a pivotal area should any correction occur. This region is considered the base from which bulls might launch a sustained rally.
XRP surpassed the wedge’s upper trendline in late August, rallying 50% in 65 hours to reach a multi-month peak of $1.68. The price has since maintained its position above both the pattern’s resistance and the top end of the crucial support range.
Ambitious target and broader contextOne of Schneider’s strongest signals comes in the form of her projected price target zone, which extends from roughly $1.50 up to $13 between mid-2026 and mid-2027. Her specific call positions XRP at $13.4357, marking a potential gain of about 845% from the current level.
A sustained upward move toward the upper target zone would, according to Schneider’s chart, imply a notable phase of strength for XRP in the next major altcoin cycle.
This target, covering a 12-month window, does not imply any shorter-term milestones. Instead, the analysis appears to link XRP’s setup to the broader trend of capital flows into alternative cryptocurrencies—a phenomenon many market watchers expect if market conditions and investor sentiment remain favorable.
With technical formations such as falling wedges and sharp trendline breakouts, many traders are increasingly turning to integrated solutions to monitor prices and manage portfolios efficiently. In a market where a single Federal Reserve decision or an unexpected new listing can cause rapid changes, using separate applications for charts, news, and portfolio management is becoming less practical. Smart traders are now using privacy-focused platforms like CryptoAppsy, which allow real-time charting, smart price alerts, and targeted news without even requiring account creation, making it easier to act on sudden technical signals.
Analyst’s broader view and outlookSchneider ties XRP’s technical setup to expectations of an upcoming rotation into altcoins, a phase sometimes characterized as “altseason.” She points to potential for double-digit prices if market conditions align, noting her belief that XRP could play a leading role in the next cycle’s gains.
Investors and traders are now watching to see if this multi-year technical breakout can gain momentum and push XRP toward the ambitious target outlined in Schneider’s forecast.
Ripple CEO Brad Garlinghouse announced that his company has allocated a significant amount of XRP tokens to Evernorth, a nearly $500 million corporate treasury fund. The fund is scheduled to begin trading on NASDAQ this week and will use XRP as its sole asset.
Ripple’s evolving strategyGarlinghouse, who leads the San Francisco-based blockchain payments firm, stated that Ripple’s product strategy has shifted towards offering more institutional solutions. He explained that these products go beyond simple “buy and hold” scenarios for digital assets, emphasizing the importance of providing broader utility to financial institutions.
Speaking at the Evernorth closing bell ceremony, Garlinghouse reaffirmed the company’s commitment to XRP as the centerpiece of its ecosystem. He also noted that Ripple is committed to building in a multichain environment, reflecting increasing industry interest in interoperability between different blockchain networks.
Ripple’s CEO emphasized that the launch of a lending protocol on the XRP Ledger builds upon the trust the company has established as a liquidity provider to institutions and supports the broader goal of integrating more complex financial services.
Garlinghouse described these initiatives as steps toward the company’s original vision of enabling seamless information and value transfer around the world. Ripple, established in 2012, aims to make global payments faster, more accessible, and cost-effective using distributed ledger technology.
Evernorth launches after mergerEvernorth, a corporate fund focused solely on XRP, completed a merger with Armada Acquisition Corporation and will move forward with its NASDAQ debut. The fund’s creation followed a unanimous merger approval by Armada Acquisition Corp. II shareholders on September 30, with all necessary regulatory filings made with the US Securities and Exchange Commission.
According to Asheesh Birla, Evernorth’s Founder and CEO, the XRPN listing offers investors regulated and transparent access to XRP through a traditional public vehicle, rather than direct token ownership. Birla said this approach could appeal to a wider group of investors seeking exposure to the cryptocurrency market in a regulated context.
Evernorth positions itself as a bridge for both retail and institutional investors to access XRP within established regulatory frameworks.
Mini dictionary: Evernorth is a corporate treasury fund recently established through a merger, designed to provide exposure to XRP via traditional financial markets such as NASDAQ.
Lending protocol and upcoming upgradesRipple has highlighted the development of a new lending protocol on the XRP Ledger (XRPL) as a major advancement. Two key proposed upgrades are being prepared for the ledger: XLS-65 and XLS-66. XLS-65 would enable the creation of liquidity pools holding a single asset, while XLS-66 would introduce support for fixed-term loans on the network.
Validator support for these proposals was reported at 60% and 54%, respectively, as of October 15, 2026, suggesting growing consensus but still short of the supermajority typically required for activation on XRPL.
These initiatives are designed with corporate investors in mind, integrating advanced risk management features. The lending proposal includes external borrower assessments outside the blockchain, as well as optional first-loss reserves to cover potential early-stage defaults.
FeatureXLS-65XLS-66FunctionSingle-asset liquidity poolsFixed-term loan supportValidator Support (as of Oct 15, 2026)60%54%Stan Chartered, a multinational banking group, recently adopted Ripple’s technology stack, reflecting institutional confidence in the infrastructure behind XRPL’s upcoming features.
Asheesh Birla described the XRPN listing as a channel for investors to gain regulated, transparent access to XRP through public markets instead of holding tokens directly.
XRP traders who bet on higher prices are mostly losing money right now. Data from Hyperliquid perpetual futures trackers shows that up to 96.1% of XRP long positions were opened above where the token currently trades.
A post on X flagged the same pattern, noting that most net-long XRP positions were entered above the current price.
A volatile few days for XRP Between October 13 and 15, 2026, XRP traded in a range of approximately $1.28 to $1.50. It then settled somewhere around $1.30 to $1.34.
As of October 15, the token’s 24-hour range ran from $1.28 to $1.39.
There is one notable exception. A large long position worth approximately $47 million was opened at around $1.13, and it has stayed profitable through the recent turbulence.
Derivatives data paints a mixed picture On OKX, XRP open interest fell by approximately 29.7% between September 22 and October 14. The count dropped from 150.4 million contracts to 105.7 million.
Yet the traders who remain are leaning heavily bullish. The long/short account ratio reached 3.6:1 by October 14, meaning 360 accounts were long for every 100 short. That reading was the highest since mid-August 2026.
The coin-margined long-position share among top traders climbed to 84.2% by October 14, up 4.8 percentage points. Coin-margined contracts use XRP itself as collateral rather than a stablecoin. That setup amplifies exposure, because a falling price hits both the position and the collateral backing it.
Why the positioning matters With up to 96.1% of Hyperliquid long entries above spot, further declines could trigger liquidations. Each forced sale adds selling pressure, which can push prices lower and threaten the next batch of positions. The 3.6:1 long/short ratio suggests there is plenty of long exposure available to unwind if things go wrong.
Broader market context suggests continued inflows into XRP exchange-traded funds and declining exchange reserves, which hints at ongoing demand outside the leveraged futures market.
XRP’s recent low sat around $1.28, and a break below that zone could test how much margin these accounts actually have. Accounts with deeper pockets and better entries, like the $47 million position opened near $1.13, have more room to ride out swings that would wipe out smaller players.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Data shared by the cryptocurrency analysis platform CryptoQuant reveals a remarkable increase in transfers by large XRP investors to Binance, one of the world’s largest cryptocurrency exchanges. In the last 30 days, the total amount of XRP sent by whales to Binance reached 1.66 billion, marking the highest level in the last seven months.
According to CryptoQuant data, 30-day whale inflows, which reached approximately 1.65 billion XRP in September, subsequently declined. However, transfers have recently gained momentum, allowing the previous peak to be surpassed. As a result, the activity of large investors on Binance has reached its highest level in the last seven months.
Large-scale transfers of XRP by whales to centralized exchanges are considered a significant indicator of potential increased selling pressure. The movement of XRP assets by large whales to exchanges could increase the amount of tokens available for sale in the market, potentially putting downward pressure on the price.
However, CryptoQuant added that the increase in transfers to exchanges does not necessarily mean that direct sales are taking place. These movements could be due to a redistribution of asset allocation among wallets or the use of different trading services offered by Binance.
According to the analysis platform, while the recent surge in whale inflows indicates that large investors are becoming active again in the XRP market, it is not sufficient on its own to determine the future direction of the price.
*This is not investment advice.
Follow our Telegram and X account now for exclusive news, analytics and on-chain data!
DUBAI, United Arab Emirates, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Pepeto has announced its newest presale stage is close to selling out ahead of its deadline, the loudest headline in crypto news today, and the pace marks the kind of moment each cycle hands out once. Buyers are arriving at double last month's pace, each closing stage lifts the token price, and everyone inside wins more with every step. Three finished products are working now, a Binance listing is expected, and the raise has reached $10.845 million. Entries this early have minted listing-day millionaires before, SHIB's first buyers being the proof.
Green is spreading through the wider market: the XRP price trades near $1.37 after defending its October range, XRP ETFs just logged a thirteenth straight inflow week, and today's boldest XRP price prediction says $315. The two stories connect, and this article follows the thread.
Pepeto Announced a Near Sellout as the XRP Price Prediction Stretches to $315
The stage Pepeto announced keeps filling as the XRP price holds its $1.30 to $1.43 October range. The lawsuit era is over, XRP trades with commodity status, and banks finally have their door open: 13 straight green ETF weeks, $1.80 billion since launch per Cryptonews, while Bitcoin funds lost $681 million and Ethereum funds $542 million.
That streak is exactly what the $315 XRP price prediction feeds on, the boldest call in circulation, mapped by Finance Magnates, and we traced its math. Bitwise projects on-chain real-world assets growing from $26 billion to $200 trillion, the XRP Ledger settles about 1.75% of that market, and keeping that share means roughly $3.5 trillion through it and hundreds of billions parked in XRP. Our read: the inflow streak is this XRP price prediction's first requirement, landing on schedule.
Here the two stories meet: smart money rides XRP through the slow institutional climb and takes a presale seat beside it, the pair that turns a good year into a changed life. In this month's crypto news, Pepeto runs the presale story while the XRP price runs the large cap one.
Crypto News: Inside the Pepeto Build Pulling the Market In
Pepeto announced its numbers into a forming bull cycle, and the last cycle's lesson still stands: the biggest rewards go to whoever buys before the crowd. No large cap matches the upside of an early audited presale, every watchlist wants that one entry, and Pepeto fills the seat first.
The seat holds because the tools are real: PepetoSwap charges zero per trade, its AI layer clears every contract before listing, and it unites Ethereum, BNB Chain, and Solana, sending launch demand to whoever entered first.
The builders pull heavy wallets too: a cofounder from the Pepe ecosystem whose earlier token touched $7 billion leads it, and the community grows along the curve that minted the DOGE millionaires. How far can that curve run? Yahoo Finance followed a wallet that grew $8,000 of SHIB to a $5.7 billion peak on a token that launched empty-handed, and Pepeto adds what SHIB never had: a Binance-trained developer, SolidProof-checked contracts, and staking at 176% APY, turning curiosity into buying.
Set the timelines side by side: DOGE rewrote lives without a single product, while Pepeto pairs the same viral charge with a working exchange feeding demand after listing. Against that speed, the XRP price crawling toward a years-away target feels endless, and crypto news keeps proving a Pepeto-type setup can deliver more within weeks.
Conclusion
What Pepeto announced today, a stage nearly gone while the boldest XRP price prediction grabs headlines, is the setup cycle winners describe later: moving while others waited. The XRP price proves a large cap alone never finishes the job, and Pepeto keeps the decision easy, everything it promised is live: meme reach on real exchange utility, built to outrun even DOGE's road.
The bull run gathers force while the Pepeto window shrinks with each closed stage. Bitcoin's halving restarts the clock about every four years, so an entry skipped now waits a full cycle, not a month. One extra week of thinking priced millions out of SHIB and DOGE and kept them outside four straight years, waiting for something this rare to return. It finally has, and it is called PEPETO.
Presale access for this new crypto is available only on the Official Pepeto Website.
FAQs
Is a $315 XRP price prediction actually possible?
The $315 XRP price prediction is the boldest scenario in circulation, built on tokenized assets reaching $200 trillion while the XRP Ledger keeps its 1.75% share, per Finance Magnates. XRP ETFs back it with 13 straight inflow weeks and $1.80 billion since launch per Cryptonews.
Why does Pepeto dominate crypto news among 2026 presales?
Pepeto dominates crypto news because demand keeps emptying its stages ahead of schedule, $10.845 million raised, and three working products live. Staking at 176% APY and a SolidProof audit back that speed, and each closed stage hands the next buyer a higher price.
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Investing involves risk, including the potential loss of capital. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.
Ripple has joined forces with Cross River Bank to integrate RLUSD, its U.S. dollar-backed stablecoin, into the bank’s core operating system. This partnership aims to enhance institutional payment options by embedding blockchain-based RLUSD settlements into existing banking infrastructure.
Stablecoin integration targets seamless paymentsCross River Bank, a U.S.-based financial institution known for providing banking services to fintech companies, announced the RLUSD integration on October 15. The move will allow businesses to settle payments at any time and transfer funds between traditional payment networks and blockchain environments.
RLUSD is set to become accessible through Cross River’s proprietary Core Operating System. Transactions will gain support for the XRP Ledger, Ripple’s public blockchain protocol that enables high-speed, low-cost payments.
Businesses and fintech firms will be able to connect to RLUSD using a single API, eliminating the need to build their own blockchain infrastructure. This streamlines access to digital dollar payments for companies handling cross-border or real-time transactions.
Ripple emphasized in its public statement that RLUSD payments are now being integrated into the banking systems fintechs already rely on for their operations. The company also highlighted the benefit of 24/7 settlements and improved flexibility for intraday payment cycles.
RLUSD payments are now being embedded within the banking infrastructure fintech companies use daily, offering round-the-clock settlement and expanded flexibility for intraday payments.
According to Ripple, this integration will allow companies to handle treasury flows, cross-border transactions, and various payment networks without the complexity of multiple providers.
Broader payment capabilities for fintechsCombining RLUSD with Cross River’s established infrastructure introduces a new layer of interoperability for payment networks. Issuers and acquirers can handle intraday settlements more flexibly, leveraging both blockchain and conventional channels.
The new integration makes it possible to move funds between RLUSD and traditional U.S. dollars, supporting transfers by ways such as Automated Clearing House (ACH), wire transfers, and real-time payments—all through one banking and API platform.
This approach allows fintech companies to rapidly add stablecoin payment options to their services without building out new systems from scratch, helping them streamline operations for domestic and cross-border payments.
Adam Goller, Head of Fintech Banking at Cross River, noted that the integration will reduce reliance on multiple partners and simplify cross-border money movement.
Markus Infanger, Senior Vice President at RippleX, underlined the importance of bringing stablecoin solutions directly into banking frameworks, rather than treating them as siloed financial products.
RLUSD and the importance of the XRP LedgerRLUSD is Ripple’s stablecoin, each unit backed by cash, U.S. Treasury bills, and other liquid assets to guarantee a 1:1 peg with the U.S. dollar. Ripple maintains regular third-party attestations of these reserves.
The integration utilizes the XRP Ledger, a decentralized public blockchain that supports rapid and continuous transaction processing. On average, transactions on the XRPL finalize in three to five seconds and can be executed at any time of day.
By linking RLUSD to established banking platforms via the XRP Ledger, the partnership aims to make blockchain-based settlements accessible to businesses already using conventional financial tools. This could be particularly useful for fintech firms engaged in cross-border trade, merchant payments, and complex treasury operations.
Mini dictionary: Cross River Bank is a U.S. commercial bank specializing in real-time, API-based banking solutions for fintech companies. The XRP Ledger (XRPL) is a public and decentralized blockchain platform designed for fast, low-fee digital asset transfer and settlement.
Building on prior stablecoin initiativesCross River previously launched a stablecoin payments service in November 2025, tying digital currencies into its real-time banking system to link traditional and blockchain-based transactions.
This original platform was designed to support network settlement, merchant payouts, on- and off-ramp functionalities, and streamlined treasury management. RLUSD’s addition expands the suite of payment options available to companies operating on Cross River’s network.
Recent figures from Cross River’s latest announcement indicate RLUSD’s market cap has surpassed $2.5 billion, with over $1 billion in RLUSD issued on the XRP Ledger. This points to a growing role for RLUSD in institutional payments and settlements.
MetricRLUSD TotalIssued on XRPLMarket Capitalization$2.5 billion$1 billionThe impact of this integration will depend on the rate at which fintechs and payment networks adopt it. Currently, the service is active in only a limited set of U.S. states, so national coverage has yet to be achieved.
The expansion of RLUSD within Cross River’s core payment infrastructure aims to make blockchain settlement more accessible and efficient for a wide array of fintech partners, but actual adoption will reveal its long-term significance.
Companies already using Cross River’s banking solutions may gain a streamlined route to stablecoin settlements, reducing complexity and potentially improving settlement speed and flexibility.
October 15 brought announcements spanning crypto market such as XRP Ledger payments, Bitcoin mining, Ethereum staking and institutional trading. Today’s roundup covers eight updates announced on the day, including developments involving BTC, ETH, SOL and Ripple’s ecosystem.
Cross River Gives Fintech Clients an RLUSD Payment Option
Cross River’s fintech customers can now use RLUSD for international transfers and settlement at any hour, alongside conventional banking services. Announced on October 15, the arrangement with Ripple brings these payment options together through one API, with stablecoin transactions processed over the XRP Ledger. Access remains limited to selected U.S. states.
Ripple Prime Adds Institutional Trading Across More Than 100 Markets
Ripple announced that institutional clients can now trade real-world asset perpetual swaps through Ripple Prime, covering more than 100 reference markets across stocks, indices, ETFs, commodities and currencies. The swaps reference Trade.xyz perpetual futures on Hyperliquid and support trading and settlement throughout the week, including weekends. Clients can also use RLUSD as collateral, subject to availability in their jurisdiction.
BitFuFu Launches Tokenized Bitcoin Mining Product
BitFuFu and Finloop announced HASH, a tokenized note giving eligible investors exposure to the financial output of Bitcoin mining. Returns are denominated in BTC, allowing investors to participate without operating mining equipment themselves. Finloop supplies the tokenization infrastructure, while profit distributions are recorded on-chain.
Lido Adds Direct ETH Staking From Four Layer 2 Networks
Lido announced that its staking interface now supports ETH held on Arbitrum, Base, Linea and Optimism. The feature uses Chainlink’s Cross-Chain Interoperability Protocol to handle transfers behind the scenes, removing the need for users to bridge funds manually to Ethereum and back. Users receive wrapped staked ETH, or wstETH, on their starting network.
KR1 Targets 6,000 ETH Through Its Own Staking Setup
P2P.org will handle KR1’s validator operations, while the London-listed company keeps authority over deposits and withdrawals. The October 15 rollout places an initial 10 validators in a separate Lido stVault, with plans to stake as much as 6,000 ETH in the near term as Ethereum’s entry queue permits. KR1 can also obtain liquidity by minting stETH against the ETH committed to its vault.
Solana Treasury Firm Raises CHAD’s Planned Dividend Rate to 14%
DeFi Development Corp. announced that the annual dividend rate on its CHAD preferred stock will increase from 13% to 14%. Based on the security’s $10 stated amount, annual dividends would rise from $1.30 to $1.40 per share, with business-day payments subject to board declarations. The company said proceeds from future CHAD issuance would support expansion of its SOL treasury.
Starknet Opens Vote on Exploring an Independent Blockchain
Starknet opened a seven day, non-binding poll asking STRK holders whether research should proceed into becoming an independent, quantum-resistant Layer 1 blockchain. A positive result would trigger further research and proposals rather than authorize an immediate departure from Ethereum. The proposal states that STRK would remain the network’s token and that bridges with Ethereum would stay open.
Australia’s ASIC Proposes Standards for Digital Asset Platforms
Australia’s securities regulator released a consultation on implementing the country’s digital asset framework. Its proposals cover asset custody, transaction and settlement standards, and financial requirements for digital asset and tokenized custody platforms. Feedback is due by November 27, 2026, and the proposed standards remain subject to revision.
Ripple Prime has announced a new offering that allows institutional clients to access and settle Real World Asset (RWA) swaps against over 100 reference markets. This initiative provides 24/7 cross-margining across various asset classes, leveraging its partnership with Trade.xyz on Hyperliquid. The development marks a significant step in Ripple Prime’s expansion into the crypto-derivatives segment, which has seen substantial growth, with RWA perpetual-contract open interest surging to approximately $9 billion. Market participants appear to interpret this move as consistent with increased utility for XRP, potentially influencing its price trajectory.
Key Takeaways Ripple Prime’s move suggests increased engagement in the crypto-derivatives market, now offering 24/7 RWA swaps. Market sentiment appears consistent with a potential positive impact on XRP’s utility and adoption. Despite the potential implications, the impact is moderated by the source’s Tier 3 status on social media. What to Watch Observers should monitor reactions from key industry players such as Brad Garlinghouse, BlackRock, and Grayscale, which could provide further insights into the strategic significance of this development. Future announcements regarding XRP ETF approvals or new payment corridors involving major banks might offer additional evidence of Ripple’s expanding influence. Conversely, unfavorable macroeconomic conditions, such as sustained high interest rates or new regulatory challenges, could counteract positive sentiment around XRP’s prospects.
Bitcoin and XRP fell further on Thursday as hotter-than-expected US PPI inflation data reinforced concerns over Fed rate hikes. The data followed a hotter-than-expected CPI inflation print a day before. Stock and crypto market investors now await comments from Fed Chair Kevin Warsh later today.
US PPI Inflation Surges to 1.3 MoM and 6.3% YoY The US Bureau of Labor Statistics released the September PPI inflation data on October 15. The PPI MoM jumped 1.3% in September on a seasonally adjusted basis, above the 0.6% forecast. This marked the largest monthly rise since March 2022.
Annual PPI inflation came in at 6.3%, massively higher than expected at 5.4%. It even surpassed 5.6% in the prior month. This comes amid elevated oil prices due to a renewed US-Iran war and escalating Middle East tensions.
The core PPI reading came in hotter than expected at 0.7% MoM, pushing the annual increase to 5%. Core PPI YoY surged to 4.4%, above expectations and even the previous month’s 4.8%.
The print builds on Wednesday’s hotter CPI inflation data of 3.7% YoY, which already lifted near-term Fed rate hike odds. Markets are now pricing in 34% odds of a 25 bps rate hike in October and 66% chances of a pause, according to CME FedWatch data.
Moreover, retail sales in the US increased 0.8% MoM, after an upwardly revised 1.3% rise in August and well above forecasts of 0.3%. This shows resilience in the US economy and opens room for another potential Fed rate hike this month.
Inflation is RED hot in the US.
For anyone not keeping track, US CPI inflation is now nearly double the Fed's 2% target and US PPI Inflation is more than triple that target.
PPI inflation was expected to fall in August, but instead it surged to 6.3%, its second highest level in…
— The Kobeissi Letter (@KobeissiLetter) October 15, 2026
Bitcoin and XRP Prices Plunge Bitcoin fell near $81,500, extending the 24-hour drop to more than 3.60% after the hot PPI inflation print. It has now tumbled even below the key 50-day moving average support level. The 24-hour low was $80,443 as the broader crypto market faced pressure from elevated rate expectations.
XRP price fell deeper and holds near $1.30, down more than 5% over the past 24 hours. As CoinGape reported today, a popular analyst predicted a fall towards $1.25 before buying pressure to reclaim $1.42 and $1.60 amid strong upside momentum.
However, the 10-year Treasury yield has dropped to 5.06% as investors rotate from tech stocks to government bonds for safety amid sustained AI investments. Meanwhile, the US dollar index (DXY) pulled back from its peak to around 102.10 on Thursday.
Attention now turns to Fed Chair Kevin Warsh’s fireside chat with IMF Managing Director Kristalina Georgieva later today. Any hawkish lean on inflation or Fed monetary policy could further pressure Bitcoin, stocks, and other risk assets. A more measured tone might offer temporary relief.
The XRP Ledger’s latest proposed amendments, aimed at adding native lending functions and confidential token transfers, have yet to reach the approval level required for network activation. Data captured on October 15 shows that the LendingProtocol amendment received support from 19 out of 35 validators, while the ConfidentialTransfer proposal attracted 22 votes. Both proposals remain below the necessary supermajority threshold of 29 validators for amendment passage.
Validator Support Shows Steady GrowthSupport for both the LendingProtocol and ConfidentialTransfer amendments has increased since late September. At that time, LendingProtocol had 15 validators in favor, while ConfidentialTransfer had won over 14. Despite this progress, the two amendments still lack enough sustained backing to proceed past the network’s voting requirements.
The XLS-66 Lending Protocol amendment aims to implement native fixed-term lending capabilities directly into the XRP Ledger. By leveraging code on the ledger itself, it would offer an alternative to decentralized lending platforms that depend on external smart contracts for loan origination and management.
This system is contingent on the approval of the SingleAssetVault amendment, which allows users to pool assets and receive tokenized vault shares as evidence of their participation. According to the latest data, ConfidentialTransfer currently leads with 22 validator votes, SingleAssetVault holds 21, and both lending amendments remain at 19.
The XLS-66 specification clarifies that its lending protocol would permit uncollateralized loans. Risk assessment and credit checks would remain external to the XRP Ledger, which means borrower default is still a possibility under the system’s design.
ConfidentialTransfer: Privacy for Multi-Purpose TokensThe ConfidentialTransfer amendment, described in XLS-96, would enable confidential transactions for supported Multi-Purpose Tokens through encryption and zero-knowledge proofs. With these tools, details such as token balances and transaction amounts would be kept private, although the underlying validity of transactions could still be verified by the network.
The proposal’s privacy features do not extend to all transactions on the XRP Ledger. Initially, confidentiality would apply only to supported Multi-Purpose Tokens—not to ordinary XRP transfers—if the proposal receives sufficient approval from validators.
Under XRP Ledger’s amendment framework, a proposal requires over 80% validator support for two consecutive weeks to become active. Recent figures from the amendment dashboard reveal that both LendingProtocol and ConfidentialTransfer still fall short of this mark, though support is trending upward compared to previous reports.
Institutional Impact and Technology ToolsThe new lending proposals carry additional weight for large institutional holders. Evernorth, a company traded on Nasdaq and currently holding roughly 473 million XRP, has outlined intentions to participate in new XRP-based financial strategies as soon as appropriate infrastructure becomes available.
Market observers note that the evolution of the XRP Ledger depends heavily on validator consensus, with new features only launching after consistent supermajority agreement. These governance practices are designed to maintain stability while supporting innovation across the network.
In an environment where announcements from the Federal Reserve or a rapid listing of altcoins can abruptly change market direction, many traders are seeking more efficient ways to keep up. Instead of handling charts, market news, and portfolio tracking with multiple platforms, some have started using tools like CryptoAppsy. This privacy-first solution combines real-time charts, personalized price alerts, project-specific news, and macroeconomic data—all on a single screen—with no registration required.
XRPL version 3.3.0 introduced support for several proposed features earlier in the year, but these changes do not become active by default. Network activation depends on sustained validator votes and broad community engagement.
American XRP ETFs continue to attract capital. After thirteen consecutive weeks of positive inflows, these funds are approaching $1.8 billion in cumulative net inflows. Meanwhile, Ripple is multiplying initiatives with two new agreements in international brokerage and South Korea. However, the XRP price remains under pressure.
In Brief American XRP ETFs total approximately $1.803 billion in net inflows after thirteen consecutive weeks of inflows. Their net assets reach $1.509 billion, which is $294 million less than the amount invested. On October 14, Ripple announced two partnerships: one with DriveWealth around the stablecoin RLUSD, and the other with Meritz Securities in South Korea. Thirteen Weeks of Inflows, but an Irregular Pace On October 14, the five American XRP ETFs recorded $740,400 in net inflows. Bitwise accounted for the entire inflow, bringing its cumulative inflows to approximately $688 million. Overall, the funds now show nearly $1.803 billion in positive net flows, as confirmed by XRP ETF tracking.
This dynamic contrasts with that of Bitcoin ETFs, whose inflows have sharply slowed in early October. According to SoSoValue data, XRP funds thus continue their thirteen-week positive streak, despite a less favorable market.
Why XRP Decreases Despite Capital Inflows Investments in ETFs are not enough to support the price. XRP trades around $1.32, down 7% over seven days. After hovering near $1.42 on October 12, the token retreated following the release of higher-than-expected U.S. inflation figures.
Another figure draws attention: ETFs have $1.803 billion in net inflows, but their assets are only worth $1.509 billion. This $294 million gap illustrates the effect of XRP’s decline on the value of investments.
Moreover, the token is losing ground in the market. Its share of the total crypto market capitalization has fallen from about 5% to nearly 3% in fifteen months. This trend highlights its relative decline compared to other digital assets.
Ripple Multiplies Partnerships Without Rushing Launches Meanwhile, Ripple continues its institutional development. On October 14, the company announced a partnership with DriveWealth, a brokerage infrastructure provider supporting over a hundred partners.
The two companies plan to integrate RLUSD, Ripple’s dollar-backed stablecoin, on the XRP ledger to facilitate transaction settlement, starting with Europe. They are also exploring cross-border payments and asset custody. However, they have not announced any launch date or volume target.
In South Korea, Ripple also concluded an agreement with Meritz Securities. This broker becomes its first local partner in this sector. The two companies will study custody and tokenization solutions adapted to South Korea’s regulatory framework, as Seoul prepares a first phase of regulated securitization by February 2027.
These announcements extend an already busy news cycle, notably marked by Evernorth’s Nasdaq debut on October 12. Will investments in ETFs and Ripple’s advances ultimately support the XRP price sustainably?
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Fenelon L.
Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
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.
US spot XRP exchange-traded funds (ETFs) recorded net inflows of just $740,400 on October 14, underscoring a pronounced drop in fresh institutional demand compared to previous weeks. The slowdown comes despite total cumulative investments in these funds reaching nearly $1.8 billion since their initial launches in November 2025.
ETF inflows decline as trading volume contractsRecent data highlight a widening gap between the amount investors have allocated to XRP ETFs and the new funds entering the products. As of October 14, these ETFs managed approximately $1.509 billion in net assets, which is about $294 million less than their cumulative net inflows over the period.
SoSoValue, a cryptocurrency analytics provider known for its daily ETF tracker, reported that cumulative net inflows for US spot XRP ETFs had reached $1.803 billion. However, only Bitwise, a digital asset management firm specializing in cryptocurrency funds, registered new inflows on October 14, while other issuers remained flat.
These numbers present a stark contrast compared to previous months. On September 25, US spot XRP ETFs attracted approximately $22.6 million in new capital, with $14.9 million and $18 million recorded on the two prior days.
By October, daily inflows had fallen sharply, with just $740,400 reported on October 14. The entire amount was directed to the Bitwise XRP ETF.
Issuer performance and market contextBitwise has emerged as the largest single XRP ETF provider based on net inflows, accumulating about $688 million since its fund’s launch. Franklin Templeton, a major global asset manager, followed with approximately $509 million in net inflows, while Canary Capital reported nearly $487 million.
Other issuers, including Grayscale and 21Shares, reported no fresh investor inflows on October 14, reinforcing the overall trend of slowing institutional engagement.
The weaker daily inflow figures follow a period characterized by sustained institutional interest in XRP, during which XRP ETFs experienced a 13-week run of net inflows, even amid a decline in XRP’s market price.
Investors have continued to allocate funds to XRP ETFs, even as the price of the underlying digital asset weakened and daily inflow rates declined.
Market observers noted that a single session of reduced inflows does not necessarily indicate a broader investor retreat from XRP ETFs, though it does illustrate shifting sentiment among large players.
Asset value and cumulative inflows divergeAs of October 14, cumulative net inflows for US spot XRP ETFs totaled $1.803 billion, while their combined net asset value reached just $1.509 billion. This $294 million difference underscores the impact of price volatility, fund-level decisions, and other market factors.
ETF net inflows reflect the difference between investor subscriptions and redemptions, whereas net assets are based on the latest market valuations of ETF holdings. Fluctuations in XRP prices, as well as the timing of asset purchases, influence these figures and should be interpreted cautiously.
Mini dictionary: SoSoValue — A data analytics service tracking cryptocurrency ETF metrics, inflows, and assets under management for institutional and retail investors.
ETF IssuerCumulative Net InflowsNet Assets (Approx.)Latest Daily InflowBitwise$688 million—$740,400Franklin Templeton$509 million—$0Canary Capital$487 million—$0Other issuers——$0The divergence between inflows and asset values does not directly reveal investor profit or loss, as it depends on the timing of investments, subsequent market movements, and structural adjustments within the funds.
Market trends and outlookThe latest inflow slowdown comes as XRP struggled to recover from a broader October cryptocurrency market selloff. During the period from October 5 to October 9, XRP fell by about 7.3%, even as spot XRP ETFs received around $11 million in new investments.
Analysts claim that while regulated investment channels are drawing capital, these inflows have not been enough to fully balance selling pressure in the wider market.
Despite current daily inflow weakness, cumulative ETF inflows have remained resilient, suggesting that long-term interest persists even as ETF asset values track ongoing XRP price volatility.
BUSINESSWIRE: Cross River Embeds Ripple USD Stablecoin on the XRP Ledger into its Core Banking Infrastructure, Expanding Faster Payment Capabilities for Businesses
According to a recent Bloomberg report, Ripple is broadening its reach in the traditional finance space by opening up access to perpetual futures for stocks, commodities, and other traditional assets for institutional investors.
Ripple's prime brokerage arm, Ripple Prime, is launching the new service that will give institutions access to over 100 markets, including equities, stock indexes, exchange-traded funds (ETFs), and commodities.
The new offerings come at a time of explosive growth in perp contracts on real-world assets, with open interest across several major platforms jumping from near zero to around $9 billion in the last year.
HOT Stories
Unlike traditional futures contracts, perpetual contracts don't expire, so users can hold leveraged positions without needing to roll them over into new contracts.
Ripple expands Wall Street ambitionsThe new products are being rolled out via Trade.xyz, which is a large trading platform for perp contracts on traditional assets on the decentralized Hyperliquid platform.
Earlier this year, in February, Ripple Prime launched crypto perpetual futures as part of its growing efforts to offer a full trading solution for institutional investors.
You Might Also Like
The new offering includes features like cross-margining, where investors can leverage the same collateral across different positions instead of needing separate margins for each trade.
Per Michael Higgins, the international CEO of Ripple Prime, this new setup could allow institutional users to more effectively manage their capital and access new liquidity pools.
At the same time, Higgins stressed that with this new offering, institutions can gain exposure to these markets on a "more regulated" infrastructure.
Perps futures grow in appeal to institutionsThe explosion in growth for real-world asset perpetual futures has been drawing increasing interest from hedge funds and professional market makers.
As Higgins pointed out, institutional traders are now looking into various strategies around using these new instruments.
On the one hand, some investors are looking to pursue basis trades by taking positions on perps and their underlying assets to exploit price discrepancies. That would let them avoid general market exposure.
Meanwhile, Higgins indicated that traditional hedge funds are on the cusp of being able to get direct access to tokenized real-world assets.
XRP flashes three TD Sequential buy signals near $1.31 after an extended decline, putting a possible local bottom and rebound toward $1.40 in focus.
XRP is showing a cluster of TD Sequential buy signals near $1.31 after an extended decline from the $1.50 area, raising the possibility that selling pressure is approaching exhaustion.
The daily setup now carries a Sequential 13, a TD 9, and an Aggressive 13 around the same price region.
XRP Daily Chart Buy Signals and Resistance
XRP trades near $1.31 at the time of writing after spending much of October moving lower.
The latest signal cluster has appeared only after price lost several short-term support levels and returned to its lowest area on the displayed chart.
Three Buy Signals Cluster Around $1.31
The chart shows the first exhaustion marker, a Sequential 13, appearing as XRP approached the latest lows.
It was followed by a standard TD 9, while an Aggressive 13 has now formed in roughly the same zone.
These signals measure different stages of an extended directional move. A TD 9 looks for a sequence of consecutive closes that can indicate the current trend is becoming stretched.
The 13-counts go further, tracking a longer period of exhaustion.
Seeing all three appear close together strengthens the technical case that the decline is mature, but it does not confirm that the low is already in.
That distinction is important. TD Sequential readings identify conditions where a reversal can develop; buyers still need to step in and produce the price reaction.
$1.40 Is XRP’s First Recovery Test
If the $1.30-$1.32 region develops into a local floor, $1.40 becomes the first level XRP needs to recover.
From approximately $1.31, reaching $1.40 would require a gain of about 6.9%.
A move through that area would provide the first evidence that the exhaustion signals are receiving follow-through from buyers. XRP would then face the more significant resistance area around $1.50.
The chart shows that the recent decline accelerated after XRP lost the $1.50 region, making a return there a much more demanding test. From $1.31, XRP would need to recover roughly 14.5% to reach $1.50.
Buy Signals Still Need Price Confirmation
The downside remains straightforward.
If XRP continues making new lows despite the TD Sequential readings, the signals would have failed to establish an immediate turning point.
A loss of the current $1.30 area would therefore keep attention on lower support rather than the projected rebound levels.
For now, however, the setup has changed in one important respect: three separate exhaustion signals are clustering around the same price zone after a prolonged selloff.
The next test is whether that technical exhaustion translates into actual demand.
A recovery above $1.40 would strengthen the local-bottom case, while reclaiming the resistance near $1.50 would represent a much larger repair of XRP’s recent bearish structure.
Large XRP holders have ramped up their transfers to Binance, bringing whale deposits to the cryptocurrency exchange to the highest levels seen in seven months. This development comes as XRP’s price continues to slip, trading close to $1.30 after it fell below major technical support levels.
Whale inflows surge, price faces pressureData from blockchain analytics firm CryptoQuant shows the 30-day total of significant XRP deposits to Binance stands at nearly 1.6 billion tokens. This figure matches levels reported in early April. By late July, the sum had fallen to about 400 million XRP, so the pace of large-holder deposits has quadrupled in less than three months. The most substantial single-day deposit activity occurred in mid-August, coinciding with XRP briefly rallying to $1.70.
Whale inflows to exchanges often attract attention because assets transferred to trading platforms are more readily available for sale. One analyst commented that increased deposits by large holders can expand the volume of XRP on centralized exchanges, increasing the risk of selling pressure as a result. While deposits do not guarantee an imminent sale, they do facilitate larger trades if sentiment weakens.
Increased whale inflows to centralized exchanges can increase the amount of XRP available for trading, potentially raising the risk of selling pressure.
PeriodXRP Whale Deposits to BinanceEarly April1.6 billion XRPLate July400 million XRPCurrent (Past 30 days)1.6 billion XRPXRP’s technical signals and support levelsXRP touched a peak near $1.66 in late September but has since dropped by about 20%. The token has fallen below the 100-day moving average and the 200-day moving average around $1.38—a bearish signal for market participants. Trading volume has also decreased, and the daily relative strength index (RSI) currently sits near 35, reflecting weak momentum. While not yet in oversold territory, the token is hovering near its next support at $1.28, having just tested this level. If downward pressure persists, the $1.00 to $1.05 area is viewed as the next significant price floor.
Technical analysts often interpret a break below two key moving averages as confirmation of a negative trend, with persistent whale deposits worsening the outlook for potential buyers.
For XRP buyers to regain control, the price would need to reclaim $1.38, putting it back above both moving averages. Until then, the market appears to remain in favor of sellers, and additional downside toward $1.20 is possible if whale inflows continue while prices stay under $1.30. Conversely, if significant deposits slow and the token holds above support, the current correction could simply represent a pause within a broader trading range.
Mixed signals from on-chain activityXRP Ledger’s on-chain data presents a mixed picture. Daily network transactions remain steady at approximately 2.4 million, and the number of active accounts has risen 10%. However, payment transactions have dropped by 38% and overall payment volume is down 52%. This pattern suggests more wallet activity, likely linked to trading rather than increased real-world payments or adoption.
Founded by Ripple Labs, the XRP Ledger is an open-source blockchain designed to facilitate global payments and currency exchange. It supports a wide range of tokenized assets and provides fast, low-cost transactions.
Mini dictionary: CryptoQuant, a blockchain analytics platform that provides real-time data on cryptocurrency flows, including exchange activity and investor behavior analysis.
Until price action reverses and whale activity subsides, analysts believe caution is warranted for market participants watching XRP’s next moves.
XRP price has fallen toward $1.31 as daily momentum weakens, while analyst Ali Martinez sees a possible test of $1.25 before a rebound toward $1.42 or $1.60.
Summary
XRP price traded near $1.318, with its weekly chart showing a decline of approximately 6.5%. Daily RSI stood at 36.84 as XRP traded near its lower Bollinger Band. Ali Martinez identified $1.25 as potential support, with conditional recovery targets of $1.42 and $1.60. CoinGlass showed prominent liquidation clusters above the market near $1.39 and $1.43. TradingView’s Binance XRP/USDT charts placed the token around $1.317–$1.318 on Oct. 15, following a decline to $1.284. The weekly chart recorded a 6.54% loss, while the daily chart showed a 1.07% decline.
XRP’s retreat coincided with renewed attention to U.S. inflation. The Bureau of Labor Statistics reported that September consumer prices rose 3.7% from a year earlier, up from 3.4% in August, and increased 0.6% during the month.
XRP tests its lower Bollinger Band near $1.31 TradingView’s daily chart showed XRP trading just above its lower Bollinger Band at $1.3077 after briefly falling beneath it. The session’s $1.284 low marked the nearest downside reference, with the price subsequently recovering above $1.30.
XRP price daily chart — Oct. 15 | Source: TradingView The same chart placed the middle Bollinger Band, which tracks the 20-day simple moving average, at $1.4440. XRP traded approximately 8.8% below that level, leaving a sizeable gap between its current price and the indicator’s central trend line.
The upper band stood at $1.5803. Together, the three readings placed XRP near the bottom of its daily volatility range after its late-September advance faded.
TradingView’s price history showed XRP climbing above $1.60 during that earlier advance before retreating through October. The latest decline returned the token toward the lower end of the range it had occupied before that rally.
Daily momentum also weakened. TradingView’s relative strength index stood at 36.84, below both the neutral 50 level and its displayed average of 46.89.
The RSI remained above the conventional oversold threshold of 30. Its position below its average accompanied the price decline, without yet showing a recovery above either reference level.
For the daily chart, the nearest upside checkpoints were therefore a sustained move away from $1.3077 and a recovery toward $1.4440. The upper Bollinger Band near $1.58 remained further above the market.
Martinez places a potential rebound zone at $1.25 Ali Martinez’s Oct. 15 analysis described XRP as trading within a parallel channel on the hourly chart. He said the price could fall toward the lower boundary around $1.25 before staging a meaningful rebound.
XRP REBOUND INCOMING!?$XRP appears to be trading inside a parallel channel on the hourly chart.
This structure suggests XRP could still drop toward the lower boundary around $1.25 before seeing a meaningful rebound.
That’s the level I’m watching for a potential buying… pic.twitter.com/Et9Q11p08w
— Ali Charts (@alicharts) October 15, 2026 His first recovery target was the channel’s middle area near $1.42. A stronger rebound could extend toward the upper boundary around $1.60, according to his analysis.
From approximately $1.318, a decline to $1.25 would represent another 5.2% drop. A subsequent move from $1.25 to $1.42 would amount to a 13.6% rebound, while a rise from that support to $1.60 would equal 28%.
Martinez’s scenario depended on buyers responding near the lower channel boundary. His analysis presented $1.25 as a potential buying area rather than an established floor.
A separate Oct. 15 post from the analyst publishing as CW described XRP as showing a rebound near a buy wall. The accompanying order-book chart displayed a green buying zone below the recent trading range and several red selling zones overhead.
CW’s observation focused on a nearby buying response, while Martinez’s analysis allowed for another decline before a broader recovery. Both posts discussed potential rebounds within a market that remained below its recent highs.
Liquidation clusters build above XRP’s current price CoinGlass’s one-week XRP liquidation heatmap showed the price falling from roughly $1.40 toward $1.31, with repeated declines interrupting short recoveries.
XRP liquidation heatmap | Source: CoinGlass At the right edge of the heatmap, prominent overhead concentrations appeared around $1.39 and $1.43. Another visible band sat near $1.34–$1.35, closer to the latest price.
Those areas represented estimated liquidation exposure at different price levels. They were distinct from the resting buy and sell orders shown in CW’s order-book analysis.
Below the market, CoinGlass displayed several bands around $1.29–$1.30, followed by additional concentrations near $1.28. The latest price swings had already passed through parts of that lower region.
The heatmap’s overhead cluster around $1.39 sat below Martinez’s $1.42 midpoint target. The stronger concentration near $1.43 was also close to the daily Bollinger midpoint at $1.4440.
Across the three datasets, the $1.39–$1.44 region contained several separate reference points: estimated liquidation exposure, an analyst’s channel midpoint and the daily moving average.
Weekly chart leaves $1.17 below and $1.56 overhead TradingView’s weekly Murrey Math indicator placed XRP between the $1.1719 lower trading-range level and the $1.5625 major support-and-resistance pivot.
XRP price weekly chart — Oct. 15 | Source: TradingView At approximately $1.318, XRP remained below that weekly pivot after its recent attempt to recover toward the $1.60 area. The chart’s next higher range marker stood at $1.9531.
On the downside, the weekly $1.1719 level sat below both the latest $1.284 low and Martinez’s proposed $1.25 support area. A move toward it would extend the decline beyond the hourly rebound setup he described.
The weekly Awesome Oscillator remained positive at 0.1283, although its latest histogram bar was red. The positive reading contrasted with the weaker daily RSI, showing that the two timeframes carried different momentum readings.
For XRP’s recovery scenario, Martinez identified $1.42 and $1.60 as conditional targets. TradingView placed the daily midpoint near $1.44 and the weekly pivot near $1.56, leaving several overhead levels between the current price and the top of his projected rebound range.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
