Ripple's XRP Ledger (XRPL) is moving closer to the center of global payments infrastructure as major Wall Street and card-network players expand experiments and deployments that use the blockchain for cross-border settlement and tokenized asset transfers—an evolution that markets are increasingly reading as more than a routine “crypto integration” story. According to the report, Morgan Stanley has launched a direct crypto trading service positioned with a lower-fee structure compared with competitors such as E*TRADE.
Net assets (AUM) in U.S. spot XRP ETFs have reached $1.11 billion, meaning funds now control a record 1.26% of the token's total market capitalization, according to fresh data from SoSoValue. While market participants remain focused on the "stonewall" $1.5 resistance level that XRP has failed to break for several months, tectonic shifts are taking place in the asset's ownership structure.
Ripple, Mastercard, Ondo and JPMorgan complete a tokenized Treasury redemption using XRPL and bank settlement rails.
XRP's multi-month squeeze is constricting, raising questions whether a breakout to $1.80 is finally within reach.
Crypto analyst Dark Defender has alluded to history to predict a 1,008% rally for XRP, which could send its price above $10. This comes as the altcoin looks to build a base at $1.4 amid the recent recovery in the crypto market.
Ripple CEO says bond settlement remains slow, outdated, and inefficient, and believes it's only a matter of time before it moves on-chain, with the XRP Ledger designed to support that shift.
Bitcoin continues to hold above $80,000 as Bitcoin ETFs saw $46.3 million in net inflows on Wednesday, while Ethereum ETFs reported $11.6 million in net inflows. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $80,700.61 Ethereum (CRYPTO: ETH) $2,321.05 Solana (CRYPTO: SOL) $89.05 XRP (CRYPTO: XRP) $1.40 Dogecoin (CRYPTO: DOGE) $0.1109 Shiba Inu (CRYPTO: SHIB) $0.056333 Meme coin market capitalization is trading 1.4% higher to $39.8 billion over the past 24 hours.
Ripple's chances of going public are fading due to a couple of reasons.
XRP whale inflows to Binance hit their lowest level since 2021 as traders watch $1.45 resistance for a possible move toward $1.80 near-term.
Four financial heavyweights settled tokenized U.S. Treasuries across borders and banks in under five seconds, connecting the XRP Ledger to JPMorgan's correspondent banking network.
XRP is breaking out of its bull flag consolidation, with the $1.60 target now coming into focus.
A consortium comprising JPMorgan, Mastercard, Ripple, and Ondo Finance has successfully executed what represents the inaugural international, inter-institutional redemption of a tokenized US Treasury fund, leveraging both distributed ledger technology and conventional banking systems.