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Ripple's institutional deals soar but XRP token falls 40% as usage bypasses XRP itself

Market News
21 May 2026
Crypto news
View Source
Neutral
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In 2026, Ripple secured major institutional partnerships with Deutsche Bank, JPMorgan, and Mastercard, yet the XRP token dropped over 40% from its peak. Despite Ripple's growing adoption, many deals settled transactions using Ripple's stablecoin RLUSD or custody services instead of XRP, limiting direct demand for the token. XRP ETFs attracted some institutional interest but failed to push the token price above key resistance levels due to selling pressure and regulatory uncertainty. The future of XRP's value hinges on regulatory clarity, increased on-ledger XRP use, and institutions holding XRP rather than just routing through it as a bridge asset.

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