XRP News Today: Ripple's Prime Brokerage Initiative Drives Increased Institutional Interest in XRP

XRP, currently ranked as the fifth-largest cryptocurrency by market cap, has managed to stay above the $2.60 mark despite a fluctuating market, with buyers keeping the upward trend intact as traders look ahead to crucial U.S. inflation figures. After recently trading in a range between $2.30 and $2.55, XRP now encounters significant resistance at $2.60 and finds support around $2.25–$2.30. Market experts believe the upcoming CPI data will be pivotal for XRP's direction; a lower-than-expected inflation reading could propel the token toward $2.75–$2.85, while higher inflation may push it down to test its support, according to a

.

Ripple's ongoing expansion efforts are also fueling

. The company’s $1.25 billion purchase of Hidden Road, now operating as Ripple Prime, represents a major advancement in attracting institutional players. By integrating Ripple’s RLUSD stablecoin into Hidden Road’s brokerage offerings and moving post-trade operations onto the Ledger (XRPL), Ripple aims to cut costs and make settlements more efficient. This acquisition makes Ripple the first crypto-centric company to own a global multi-asset prime brokerage, which could increase demand for XRP, as highlighted in a .

Institutional interest in XRP is further demonstrated by Evernorth Holdings, a treasury firm supported by Ripple, which currently possesses 261 million XRP (valued at $639.45 million). Evernorth’s intention to go public through a SPAC merger in the first quarter of 2026 could result in the largest publicly listed XRP treasury, drawing more institutional attention. Ripple co-founder Chris Larsen has already delivered on his promise of 50 million XRP for the deal, showing strong belief in the token’s future, as reported by

.

Technical analysis also points to a bullish outlook. With XRP trading above $2.45, a positive MACD crossover and an RSI near 44 indicate that bearish momentum is easing. Traders are monitoring whether XRP can close above $2.50 on the daily chart to confirm the uptrend, with important resistance at the 200-day EMA ($2.61) and 50-day EMA ($2.69), according to an

. However, there is still caution in the market due to overall volatility and delays in spot XRP ETF approvals, which have dampened investor sentiment, as the points out.

Despite these encouraging factors, XRP has encountered challenges. The token has dropped 15% over the past month—much more than Bitcoin’s 1% decline—raising concerns about its correlation with BTC and its vulnerability to market swings. Recent liquidations, including an $8.13 million sell-off in just four hours, underscore the risks of profit-taking and regulatory uncertainty, as noted by TradingView. Furthermore, Ripple’s monthly release of 1 billion XRP from escrow could add to selling pressure if not matched by strong demand, the Finbold report notes.

Looking forward, expert opinions remain split. Some analysts believe XRP could reach $7–$15 if the bullish trend persists, while others expect a period of consolidation in the near term. For XRP to hit $15, its market capitalization would need to grow to $900 billion, putting it in the same league as

and Ethereum. However, this scenario depends on regulatory developments, stable economic conditions, and ongoing institutional interest, the Finbold report concludes.