Overview
- Ripple secured a UK Electronic Money Institution license and a Luxembourg Green Light Letter, advancing its European payments footprint.
- Ripple will invest $150 million in LMAX Group to integrate the RLUSD stablecoin on LMAX’s institutional platform, with plans to use it as collateral across products after LMAX processed $8.2 trillion last year.
- Spot XRP ETFs have gathered roughly $1.3–$1.6 billion in assets since launch, reinforcing supply compression as spot and derivatives activity cools.
- On‑chain data show whale transfers to Binance at multi‑year lows since 2021, which reporting indicates is easing near‑term sell pressure.
- XRP trades around $2.05 within a $2.00–$2.30 band, and analysts highlight $2.27–$2.40 as a decision zone for a volume‑confirmed breakout, with failure risking a dip toward $1.95–$2.00.