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XRP nears $1.30 as Ripple gets final approval for national trust bank ahead of Fed meeting

Market News
27 Oct 2026, 12:10 WIB
Tokenpost
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Bullish
XRP nears $1.30 as Ripple gets final approval for national trust bank ahead of Fed meeting

XRP traded near $1.30, rising almost 2% in the past day, coinciding with Ripple's announcement of final approval for its national trust bank. Meanwhile, Bitcoin held steady around $79,730 ahead of the Federal Open Market Committee's (FOMC) meeting conclusion on Wednesday. Other cryptocurrencies like Ether and Solana saw slight declines, while Zcash and Hyperliquid posted gains. The developments come as investors await the Fed's decision, which could impact market sentiment and crypto prices.

XRP is trading at Rp23.517 on Pluang, up 1.36% in the past day as of Oct 27, 2026 16:21 WIB, with a market cap of Rp1.494,9 trillion and 24-hour volume reaching Rp28,42 trillion. This rise coincides with Ripple's recent announcement of final approval for its national trust bank. Despite XRP's gains, Pluang data shows that 84% of order activity is selling, while typical holders keep their positions for about 72 days.

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