XRP in Focus as Ripple Releases Institutional Roadmap for XRP Ledger XRP in Focus as Ripple Releases Institutional Roadmap for XRP Ledger

XRP Rally Sees Record Profit-Taking as Ripple Labs Plans to Invest in Bitwise XRP ETF The Market Value to Realized Value (MVRV) ratio surged to 217% on Tuesday, showing overbrought market activity. High profit-taking and an MVRV ratio indicating overvaluation could lead to a market correction. Ripple plans to invest an unspecified amount in the newly rebranded Bitwise Physical XRP ETP (earlier called the ETC Group Physical XRP).

XRP Holds Strong as Archax Unveils Tokenized Money Market Fund on XRP Ledger Archax has provided access to Abrdn’s U.S. dollar Liquidity Fund (Lux) in tokenized form on XRPL. Ripple will allocate $5 million into tokens on Abrdn’s Lux fund, part of a larger allocation to real-world assets (RWAs) on the XRPL. XRP price jumped 6%, touching a high of $1.49 in the hours following the release, before paring gains in a market-w…

Ripple’s XRP Token Surges 28% After Court Rules XRP Sales Aren’t Investment Contracts XRP climbed as high as 64 cents at one point, its highest level since May.