Ripple aims to tap into the $155 trillion global cross-border payments market, distinct from the $685 billion consumer remittance market targeted by its RLUSD stablecoin. Recent developments include South Korea’s Jeonbuk Bank replacing SWIFT with Ripple Payments and the first tokenized treasury settlement on the XRP Ledger by JPMorgan, Ripple, and Ondo. However, institutions can use Ripple’s network without holding XRP, raising questions about XRP's demand despite growing transaction volumes. The upcoming Sibos 2026 conference highlights Ripple's ongoing efforts to position XRP as a major player in global payments infrastructure.
As of Sep 28, 2026 17:21 WIB, XRP trades on Pluang at Rp26.659 with a market cap of Rp1.673,81 trillion and a 1-day decline of 3.37%. Despite Ripple's efforts to expand XRP's role in cross-border payments, the token's price shows a modest pullback while maintaining strong buying interest at 74% of Pluang order activity. XRP's typical hold time on Pluang is 71 days, indicating a relatively stable investor base amid ongoing developments.
Wintermute, a market maker, has taken a heavily short-biased position on the Hyperliquid trading platform, holding about $93 million in short positions versus $5.12 million in longs. The largest short is on Ether (ETH) valued at $47.19 million, with ...
XRP faced $11.99 million in liquidations over 24 hours during a wider crypto market downturn on Sept. 28, with long positions accounting for $10.88 million and shorts $1.11 million. This created a roughly 980% imbalance favoring long liquidations. XR...
A large XRP holder moved 580 million tokens worth about $900 million off exchanges in seven transactions, reducing XRP available for trading. This contributed to $6.76 million in net outflows and a 2.48% drop in XRP's exchange reserves by dollar valu...
XRP reached a session high of $1.56 after surpassing $1.50, a key level in its recent trading range. The token has struggled to hold above $1.60 in past attempts, making the $1.60-$1.65 range the next major resistance. For XRP to reach $2, it would n...
U.S. spot XRP ETFs now hold nearly 1.18 billion XRP, about 1.18% of the total fixed supply, with Bitwise leading at 413.1 million XRP. This accumulation is significant as Ripple's escrow is set to release up to 1 billion XRP on October 1, an amount c...
