Ripple has landed another huge institutional vote of confidence, and this one could put XRP firmly back in the spotlight.
The excessive liquidation imbalance has raised the eyebrows even among the most-seasoned crypto market observers.
The Crypto Brokerage platform supports XRP trading, custody and transfers through APIs on the XRP Ledger.
Paxos' XRP integration for institutions may enhance crypto market liquidity, stability, and acceptance, bridging traditional finance and digital assets. Paxos Crypto Brokerage adds XRP trading and custody for institutional partners.
Commodity Concentration: JMWH is valued at about $2.23 billion and represents roughly 89% of the commodity value currently reported on XRP Ledger. Tokenization Growth: RWA.xyz lists $4.52 billion in represented asset value and $7.03 billion in monthly transfer volume across XRPL, showing significant on-chain activity.
The XRP derivatives market reached its highest monthly trading volume in six months in September 2026. Binance led global XRP futures trading, logging approximately $32.36 billion during the month. Bybit and OKX ranked second and third in the monthly market, recording $12.50 billion and $11.32 billion traded, respectively.
Evernorth postponed to October 12 the expected start of its Nasdaq listing under the symbol XRPN, due to an administrative delay. This schedule coincides with two major upgrades to the XRP Ledger, but their activation does not guarantee an increase in XRP, which trades around $1.46.
About 39.12 billion of the 68.4 billion circulating XRP are above their last-moved prices as the token holds near $1.51.
A long-term institutional relationship just developed between a multi-billion fund manager and Ripple.
Evernorth's XRPN Nasdaq debut has been pushed from Oct. 8 to Oct. 12 after an administrative delay, with its 473M XRP treasury unchanged.
Brevan Howard will use Ripple Prime for brokerage, clearing and financing, but the agreement does not disclose whether XRP will be used.
Failed payments can be retried before recovered XRP is converted to fiat and placed in a Sender Segregated Account for later transfers.