XRP Live Wire

Ripple has received final approval to stand up a national trust bank in the United States, locking in a regulatory milestone at the same time several proposed XRP investment products keep facing delays and amendments. The Office of the Comptroller of the Currency's (OCC) granted the final approval for Ripple to build their own federally supervised national trust bank.

The approval finishes the chartering process for Ripple National Trust Bank, which earlier held only conditional clearance. It gives the company a federally supervised entity for trust and custody operations, potentially strengthening its hand in institutional digital-asset markets.

ETF and fund filings keep moving, just not quickly

The banking clearance lands alongside fresh attempts to package XRP for broader investors. A filing for a leveraged XRP exchange-traded fund had its effective date pushed back, with regulators now pointing to a November 30 deadline.

Separately, Cryptex Finance updated its registration statement for a proposed multi-token spot fund that would hold XRP alongside assets such as Shiba Inu (SHIB) and Zcash (ZEC). The filing remains pre-effective, so the fund cannot launch until it clears the rest of the regulatory process.

These products would widen the ways investors could gain XRP exposure, yet the gap between filing and actual trading remains wide. Regulatory timing continues to act as the main variable in the token’s institutional story.

Corporate treasury plans add a direct buy channel

Evernorth Holdings, a Ripple-backed XRP treasury company, is planning an $80 million stock issuance aimed at increasing its XRP holdings.

The approach mirrors the corporate accumulation model used by firms that raise capital specifically to buy and hold digital assets on their balance sheets.

Exchange data has painted a mixed picture of positioning. Withdrawal transactions recently outpaced deposits on major venues, a pattern that’s often linked to holders moving assets off exchanges. Transaction counts do not show the size of those moves, however, and separate reports noted large XRP transfers heading into Binance.

Price action stays soft while infrastructure expands

XRP’s price trades near $1.32 after a daily price upswing of roughly 1.7 percent, while its risk-adjusted performance measure on Binance hit a four-month low.

That leaves crypto traders balancing potentially constructive institutional developments against subdued returns and an upcoming Federal Reserve decision that is expected to influence appetite for risk assets one way or the other.

Explore DailyCoin’s top crypto news today:$1.8 Trillion Franklin Templeton Files for Two ETFs Linking Stocks and BitcoinBitcoin Under $80K: Key Floor Test Ahead of High-Stakes Fed Week

A traditional large corporate fund is landing on Ripple’s XRP Ledger thanks to Aviva’s new Sterling Liquidity Fund, amassing roughly £22 billion in Assets Under Management (AUM). According to the latest data readings, Aviva Investors have £479 billion in cumulative assets under management.

British Insurance Fund Enters XRP Chain

That's a high level of industrial appreciation even for the XRP parenting Ripple Labs, a company that’s processing trillions in cross-border payments yearly. The British insurance behemoth Aviva was founded back in 2000. This marks the second tokenisation of an existing Aviva fund,  following a tokenised share class bid for the firm’s USD Liquidity Fund back in July 2026.

Aviva Investors manages £273 billion out of the £479 billion pie, enabling traditional investors to access blockchain-based capabilities, targeting low-risk returns along with solid daily liquidity by offering investors exposure to high-grade UK Sterling-denominated short-term debt instruments. This new share class launch is supported by two parties, a custodian and infrastructure provider.

For that matter, Komainu & Licuido are the partners named in the official press release, calling the choice of Ripple’s XRP Ledger an “energy-efficient format” due to XRP Ledger’s cheap transaction cost, fast processing windows & a seamless way to issue & regularly manage the minted tokens. All assets held by the fund’s legal custodian, The Bank of New York Mellon.

What XRP’s Native Chain Gains From This

Since 2012, XRP’s native chain has processed more than 4 billion transactions, netted nearly 8 million active wallets while being maintained by around 130 independent validators, including universities, healthcare institutions & big-time corporations. In the present days, XRP garners roughly $3 billion in daily trading volume.

An addition of such a magnitude partner like Aviva Investors gives XRP’s native chain a great reason to lift the trading volumes back to $5-6 billion a day, like it was during the late 2025 bull rally. With XRP’s price currently retesting the lower boundary of the $1.28 to $1.35 key demand bubble, trading volume is what bulls rely on.

Delve into DailyCoin’s popular crypto news today:$1.8 Trillion Franklin Templeton Files for Two ETFs Linking Stocks and BitcoinBitcoin Under $80K: Key Floor Test Ahead of High-Stakes Fed Week

Long XRP coin liquidations and rising balances on exchanges have piled fresh selling pressure onto an already fragile technical picture. After failing to hold higher ground earlier in the week, the token has settled into a tight band between roughly $1.26 and $1.32.

Bitcoin (BTC) is laboring near $80,000 while several large altcoins are posting weekly losses. XRP’s drop stands out because earlier hopeful signals, spot ETF activity and steady wallet growth, have yet to translate into lasting strength in the spot market.

Exchange flows and leverage clear-outs add heat

On-chain data show roughly 6.05 billion XRP moving onto exchanges over the past 30 days, the heaviest inflow reading in seven months. Binance just captured a large slice of those deposits while the number of crypto whale wallets dropped super dramatically.

Tokens heading to exchanges can signal potential sales, though the move does not guarantee immediate dumping.

Across the broader market, leveraged longs have been forced out in size, amplifying downside swings. XRP briefly dipped under $1.29 during the flush before a modest bounce.

Daily XRP price liquidations have ranged from a few million dollars to higher totals on heavier sessions, with longs making up the clear majority of the wipeouts. Market-wide liquidations have reached hundreds of millions on some days.

Technical picture stays cautious for XRP’s price

RSI and MACD remain weak, so traders are treating the $1.30 zone more as a near-term pivot than confirmed support. A clean XRP price break below $1.26 would open the door to deeper leveraged market losses if sellers keep control.

Analyst ChartNerdTA flagged a daily 20/50 EMA death cross that printed on October 19. In a post on October 26 the analyst noted that the last time XRP printed a similar signal it was followed by a roughly 30 percent decline.

Price has since rejected those moving averages. ChartNerdTA said a comparable drop would push XRP back toward or even under the $1.00 area, framing the call as historical context rather than a crash prediction.

The view lines up with other commentary pointing to a large cluster of leveraged positions near $0.97 that could come into play if the sell-off accelerates.

ChartNerdTA still holds a longer-term bullish case, previously sketching targets in the 5–8 range over a multi-year horizon if structure holds and liquidity improves.

That outlook does not rule out more near-term pain while XRP sits well below prior cycle highs and sentiment stays soft.

ETF inflows, wallet growth offer a counterweight

U.S. spot XRP ETFs have drawn cumulative net inflows near $1.8 billion since their November 2025 launch, with recent net assets around $1.5 billion.

Daily flows have been modest lately, including some flat or lightly positive sessions after earlier October outflows. On-chain trackers also show the XRP Ledger hitting record wallet counts with continued daily growth.

Interest has not disappeared. Still, the market is first watching whether the $1.28 - $1.29 lower boundary floor holds and whether exchange inflows ease.

Until price stabilizes and leverage is cleared, institutional-demand stories are unlikely to fully offset near-term selling.

XRP’s current price remains far below its July 2025 high near $3.65 and its January 2026 peak around $2.41, leaving it sensitive to further weakness or any sudden shift in momentum.

Dive into DailyCoin’s popular crypto news today:$1.8 Trillion Franklin Templeton Files for Two ETFs Linking Stocks and BitcoinBitcoin Under $80K: Key Floor Test Ahead of High-Stakes Fed Week

A huge digital asset hedge fund known as Cryptex Finance has just submitted a massive multi-asset exchange-traded fund (ETF) application under the Form S-1/A, Registration No. 333-294594 for a potential NASDAQ listing.

This has landed on The U.S. Securities and Exchange Commission’s (SEC) table on October 23, 2026. The Cryptex BAGZ ETF consists of 24 crypto currencies, drawing the prices from their signature 36-asset digital asset index.

Anti-Concentration Measures Leave Space For Alts

Major-cap altcoins play a huge part in this huge digital asset line-up, including a roughly 4.41% allocation to Ripple’s native XRP coin. Meanwhile, Shiba Inu (SHIB) takes up another 3.26% of the preliminary fund weight, records show.

Cryptex’s flagship product is the Cryptex Digital Market Cap Index (the one the proposed BAGZ ETF would track). Besides Shiba Inu coin (SHIB) & Ripple’s XRP, that index covers 36 assets representing roughly $2 trillion in total crypto market capitalization.

That’s an estimated 92% of the market excluding stablecoins, but the weights mentioned in the SEC application are prone for adjusting later. Included assets falling below a 0.15% portfolio floor are removed at the quarterly rebalance, which runs four times a year.

No single asset could exceed 30%, with several other measures against concentration imposed. Blue-chip digital assets including Bitcoin (BTC), Solana (SOL), Ethereum (ETH), Cardano (ADA) & Ripple (XRP) cannot take up more than 52% of the BAGZ ETF portfolio.

What’s Next For Shiba Inu Custodians If Approved

There’s 5 different categories of assets included, but no constituent may take more than 50% of that tier’s allocation. Whether this brings substantial amounts of capital inflows for Shiba Inu (SHIB) or Ripple coin (XRP) depends on how far BAGZ ETF can go once it’s approved by the SEC.

Presently, Shiba Inu (SHIB) ranks at the 38th spot with a global market cap of $2,863,698,937, according to SoSoValue’s real-time data. With crypto’s Fear & Greed Index showcasing a status quo at 50, the near-term market direction remains dependent on Bitcoin’s (BTC) ability to stay above $80,000.

Check out DailyCoin’s hottest crypto news today:$1.8 Trillion Franklin Templeton Files for Two ETFs Linking Stocks and BitcoinBitcoin Under $80K: Key Floor Test Ahead of High-Stakes Fed Week

XRP has reached the infrastructure behind major financial apps—but that does not mean their customers can buy it yet. In her latest video, wealth commentator Kamilah Stevenson says Paxos has added XRP to its platform, potentially opening a route to customers of PayPal, Venmo and Charles Schwab.

The distinction matters. Paxos supplies crypto trading and custody services to other companies; those partners decide which assets to offer. Stevenson’s central claim is that supporting XRP at the infrastructure level lowers the technical barrier to future listings, rather than announcing those listings itself.

On the platform, not necessarily in the app

Stevenson describes Paxos as the “engine under the hood” of consumer-facing financial services. She points to Schwab’s crypto offering, which she says launched with Bitcoin and Ethereum, to illustrate why a provider’s supported assets and a brokerage’s available assets are not the same thing.

Her most useful test for investors is straightforward: “Who can buy it now that couldn’t buy it yesterday?” For this announcement, the answer remains conditional. Customers gain access only when a partner enables XRP.

The video names no confirmed rollout dates for PayPal, Venmo or Schwab. Nor does infrastructure support establish how much demand any eventual launch would generate.

A reversal from XRP’s delisting years

The development contrasts with the retreat that followed the SEC’s December 2020 lawsuit against Ripple. Coinbase suspended XRP trading in January 2021, then restored it after the July 2023 court ruling.

That ruling requires precision: the court found Ripple’s programmatic XRP sales on exchanges were not investment contracts under the circumstances examined. It was not a blanket ruling that every XRP transaction falls outside securities law.

Dr. Stevenson also cites roughly $1.8 billion flowing into spot XRP ETFs since their claimed November 2025 launch, presenting that figure as evidence of demand through conventional investment accounts.

The next meaningful development is a confirmed customer launch, not another infrastructure announcement. Wider distribution could make XRP easier to buy through familiar accounts, but it would not by itself demonstrate payment adoption, sustained buying or higher prices. Access is the opportunity here; actual usage remains the test.

Dive into DailyCoin’s trending crypto news today:Why Major US Banks Are Blocking AI Agents From Accessing Customer Accounts$1.62 Trillion German Banking Giant Launches XRP Trading

Ripple CTO Emeritus David Schwartz marked the countdown to Swell 2026 with a pointed quip after the fintech company confirmed actor Matt Damon would appear at the event in New York. “Finally, Matt Damon goes someplace he won’t need to be rescued from,” Schwartz wrote, quoting the official announcement that the Water.org co-founder will take the stage later this month.

The line landed as a light reference to Damon’s on-screen history of isolation and survival roles. Beneath the humor sits a more concrete pairing: Matt Damon’s nonprofit has already begun routing funds through Ripple Payments, including XRPL’s native XRP crypto currency and the RLUSD stablecoin to support clean-water projects across multiple struggling continents.

Swell 2026 Puts Institutional & Dev Tracks Under Same Roof

For the first time the annual XRP Ecosystem crypto conference is merging with the XRPL Apex developer summit, placing institutional participants and builders in the same venue across three stages and more than 50 sessions. Organizers expect over 1,500 attendees. Schwartz has previously described the combined format as the company’s largest Swell yet.

Ripple Swell runs October 27–29 at The Shed in Hudson Yards.

Matt Damon appears as a featured speaker alongside Ripple CEO Brad Garlinghouse, President Monica Long, and Schwartz himself. Water.org CEO and co-founder Gary White is also on the lineup. The agenda frames the discussion around how faster cross-border settlement can support existing microfinance partners rather than as a new product pitch.

Water.org Routes Funds Through RLUSD & Ripple Payments

Water.org, which Damon co-founded with engineer Gary White, works with local financial institutions to provide affordable loans for household water and sanitation systems. The organization has mobilized roughly $7.7 billion and reports positive impact on about 88 million lives across Asia, Africa, and Latin America.

In June, Ripple joined Water.org’s Get Blue campaign as its exclusive digital-asset and payments partner. The campaign, launched at the World Economic Forum in Davos earlier in 2026, aims to expand safe-water access to 200 million people by 2030.

Founding corporate backers include Amazon, Starbucks, Gap, and Ecolab. Under the arrangement, RLUSD moves seed funding to microfinance partners in minutes rather than days, reducing reliance on traditional correspondent banking corridors for those transfers.

The partnership builds on earlier Ripple support through its payments infrastructure. Water.org has indicated the setup shortens transfer times and lowers costs when capital reaches local lenders that then extend small loans for pipes, pumps, and toilets.

Celebrity Platform Meets Operational XRP Payments Use Case

More than two billion people still lack safe water at home, according to the campaign’s framing, so the operational question is whether faster settlement measurably improves the volume or speed of capital reaching partner institutions.

Swell’s expanded format places that conversation next to sessions on tokenization, institutional adoption, and XRP development. Whether the combination of a recognizable speaker and an active payments use case shifts broader attention remains to be seen once the sessions begin. 

Explore DailyCoin’s trending crypto news today:$1.62 Trillion German Banking Giant Launches XRP TradingGoogle Cloud London Outage Knocks Out Revolut, Bank Services

Ripple Labs submitted a formal comment letter to the U.S. Securities and Exchange Commission on October 20, 2026, expressing full support for the agency’s proposed Regulation Crypto Assets and urging its adoption as a final rule.

The filing arrived on the last day of the official comment period for Release Nos. 33-11434 and 34-106150 (File No. S7-2026-27).

In the letter, signed by Chief Legal Officer Stuart Alderoty, General Counsel Sameer Dhond, and Deputy General Counsel Deborah McCrimmon, Ripple stated they're “fully supports the Commission’s efforts to provide a regulatory framework for crypto assets, and urges the Commission to adopt the Proposal in a final rule.”

Ripple noted that the proposal builds on the SEC and CFTC’s joint interpretation of existing securities law, which is anchored in the Howey investment-contract test.

Key Points From The Latest Filing

Ripple argued that an investment contract involving a crypto asset does not automatically convert the underlying token into a security.

Jurisdiction follows the life of the investment contract itself—driven by the issuer’s promises and representations—rather than a permanent securities status attached to the token or a standalone decentralization test.

The company also incorporated by reference its earlier letters to the SEC Crypto Task Force from 2025 and 2026.

Alderoty has publicly noted that Ripple spent more than $150 million on its prior legal dispute with the SEC to obtain clarity on XRP.

Ripple’s comment letter to the SEC frames the proposed framework as a way to replace years of case-by-case enforcement with clearer, durable rules grounded in existing law, potentially supporting capital formation and reducing the incentive for innovation to move offshore.

Ripple supports the overall direction while seeking targeted refinements, including clearer treatment of Form TR filings so that such submissions do not automatically constitute an admission of prior securities status or violations.

The formal comment period closed on October 20, though the Commission has indicated it will continue accepting public feedback. The letter adds a major industry voice to the record as the agency weighs whether to finalize the framework.

Dive into DailyCoin’s trending crypto news today:Why Major US Banks Are Blocking AI Agents From Accessing Customer Accounts$1.62 Trillion German Banking Giant Launches XRP Trading

Recent research from Santiment Intelligence shows the crypto wallets on the XRP Ledger are gradually growing. The blockchain tracker identifies a whopping 4,772 new crypto wallets in a single day, posting the best result since March 5, 2026.

XRP’s Price Soaks Up a 55% Deficit Since ATH

Despite XRP’s price significantly backtracking from the $3.65 all-time high (ATH) scored in July 2025, the network just inked an all-time high in non-empty crypto wallets, breaching the 8.24M mark. This doesn’t immediately translate to rising activity or XRP price appreciation, but it confirms long-term demand.

However, that could as well be a local bottom indication if met with buying power. XRP’s price has been bouncing off the $1.28 - $1.32 support bubble multiple times without much progress over the past few weeks. Much of that has to do with a red week in exchange-traded funds (ETFs), marking $1.84 million in outflows.

The previous week’s losing streak has halted a 13-week straight inflow record, but XRP’s ETF products have shown immediate resilience. This week, the five active Ripple coin-based ETFs pulled in $4.24 million so far, according to SoSoValue. Franklin Templeton’s busting the largest moves with $3.55 million daily inflows.

XRP’s Flashing Rebound Signs? Check These Levels

Judging from Santiment’s analysis on XRP’s price, $1.40 is the first level to watch. “A sustained move above it while network growth stays near or above 4K daily wallets would mean a quick return to $1.50 is more than plausible.” On the other hand, the bullish thesis loses dominance if XRP’s price falls considerably under $1.30.

Now, XRP’s trying to slowly turn the tide back to bullish mode with $1.46 as the level in focus. That’s the SuperTrend indicator on the one-day charts. What the smaller time-frames don't tell us is the largest crypto players heading back to buying XRP at this range. The Chaikin Money Flow (CMF) is rocketing back towards zero after a multi-week sell-off.

The bulls may attack the $1.46 Red-Label Bollinger Band and seek for $1.60 - $1.65 resistance as confirmation before a $2 reclaim. Presently, the $1.28 - $1.32 support bubble offers a market consolidation procedure, but the wider support range of $1.50 to $2.20 is dependent on XRP’s continuous usage across the network as well as broader sentiment.

Check out DailyCoin’s trending crypto news today:Why Major US Banks Are Blocking AI Agents From Accessing Customer Accounts$1.62 Trillion German Banking Giant Launches XRP Trading