XRP news

BlackRock’s global head of digital assets Robbie Mitchnick said that institutional adoption of crypto ETFs is still in its early stages, noting that most U.S. advisors cannot make decisions on them and that only a handful of firms have added BlackRock’s Bitcoin ETF to portfolios. Mitchnick did not comment on Solana or XRP ETFs. He explained that Ethereum ETF demand is limited by staking‑reward constraints, and that BlackRock prioritises Bitcoin as a digital‑gold diversifier while remaining optimistic about stablecoins expanding beyond trading to payments and settlement.

XRP holders have rushed to the new liquid‑staking token mXRP, with Axelar’s first vault of 6.5 million tokens filling in two days and the cap raised to 10 million. The vault now holds nearly $20 million in assets, showing strong demand for DeFi yield. mXRP lets users stake XRP on the XRP Ledger’s EVM sidechain and receive wrapped tokens that can earn up to 8% through strategies managed by risk curators, such as Hyperithm. The move expands XRP’s presence in DeFi and mirrors other cross‑chain initiatives like Flare’s FXRP.

XRP has moved from legal uncertainty to institutional and technical legitimacy, marked by the SEC’s settlement, the launch of spot XRP ETFs, and a packed calendar of 19 global events including meetups, summits, bootcamps, and workshops. In 2025 the XRP Ledger unveiled an EVM sidechain, prompting nearly 1,400 smart contracts in the first week and a record $120 million TVL; long‑term success will hinge on sustained institutional migration, developer incentives, and real‑world applications.

XRP’s price has barely moved after the indirect approval of the Hashdex Nasdaq Crypto Index US ETF, which was expected to boost momentum. The broader market’s mixed signals have kept the altcoin flat, but long‑term holders (LTHs) remain committed, slowing supply movement and providing a stabilizing cushion. At $2.84, XRP hovers just below the $2.85 resistance. A break to support could trigger a reversal toward $2.94 and potentially $3.02, while a dip below $2.75 or $2.64 would undermine bullish hopes. LTHs’ limited profit‑taking keeps downside risk low, but momentum hinges on market conditions.

Flare Network has launched its FAssets protocol with FXRP v1.2, a synthetic version of XRP that can be minted and used in DeFi services such as lending, liquidity pools, and decentralized exchanges, marking the first time a non‑smart‑contract asset can be used composably without intermediaries. FXRP can be minted by bridging XRP through supported wallets or via DEXs, with the first‑week cap set at 5 million to control rollout. Initial incentives target FXRP/USD₮0 pools, rewarding users in rFLR tokens and offering APRs up to 50%. Future plans include using FXRP as collateral for an XRP‑backed stablecoin and launching a liquid‑staking derivative stXRP.

Ripple's XRP has dropped roughly 7% since September 18, as short‑term holders cut their positions to 10.72% of the circulating supply—a 5% decline in three days. Whales have also sold 90 million XRP since September 19, further dampening sentiment. Technical indicators place the token below its Ichimoku cloud, signalling a likely bearish trend for the remainder of September. Resistance lies near $2.93 and $3.04; if buying stays weak XRP could fall to $2.78, but a rebound could lift it past these levels toward $3.

XRP is poised for a trend reversal after bouncing off the lower trendline of a symmetrical triangle on the daily chart, analysts say. A breakout above the $3 resistance would signal a move toward the triangle's target of $4.08, a 42% rally, with key levels at $3.40 and the eight-year high at $3.66 acting as potential obstacles. Whale activity supports the upside, with entities holding 1-10 million XRP increasing their positions by 30 million tokens, now owning 6.77 billion, or 11% of the circulating supply. The accumulation mainly occurred between $2.70 and $3, indicating confidence in a rebound and helping to maintain a floor below $2.70.

Securitize plans to integrate with XRP Ledger (XRPL), potentially bringing BlackRock’s $2 billion BUIDL fund onto the network, deepening the link between institutional finance and blockchain infrastructure and expanding XRPL’s real‑world asset footprint. The collaboration includes a smart‑contract integration that embeds RLUSD, allowing investors to swap shares of tokenized funds such as BUIDL and VanEck’s VBILL for RLUSD 24/7, boosting liquidity. RLUSD, now a $741.4 million stablecoin, is already used by DBS and Franklin Templeton for lending and trading, underscoring its growing institutional role.

In September 2025, SWIFT still trials blockchain ledgers like XRP Ledger but has not committed to a partnership, remaining a neutral messaging layer. XRP Ledger offers 3‑5 s settlement, low fees and ISO 20022 compatibility, matching SWIFT’s goals. Ripple’s liquidity via ODL and institutional deals add appeal, though regulatory risk exceeds stablecoins. The likely scenario is a multi‑rail setup where XRP Ledger is one option; exclusive use is improbable. Pilots could launch 2026‑27 following full ISO 20022 transition.

Hashdex filed with the SEC to add Solana, Cardano, and XRP to its Nasdaq Crypto Index US ETF, expanding beyond Bitcoin and Ethereum. The move follows new SEC generic listing standards effective Sept. 17, allowing the fund to track the full index composition—72.5% BTC, 14.8% ETH, 4.3% SOL, 1.2% ADA, and 6.9% XRP—potentially encouraging other managers to broaden exposure.