
XRP Pauses Below $1.60 as Ledger Upgrade Slips and Tokenized Treasury Rails Open
XRP experienced a minor price consolidation after failing to sustain momentum above the $1.60 level, despite broader market gains for Bitcoin and Ether. On the technical front, the XRP Ledger encountered a delay in the BatchV1_1 amendment, which is now expected to activate around October 9. This upgrade is critical for institutional adoption as it enables atomic transaction bundling, facilitating complex delivery-versus-payment settlements. Simultaneously, the ecosystem saw a significant advancement in RWA utility as holders of BlackRock’s BUIDL and VanEck’s VBILL funds gained the ability to redeem positions directly into Ripple’s RLUSD stablecoin. This integration allows institutional investors to maintain yields on-chain and deploy capital into decentralized finance protocols 24/7. With RLUSD circulating supply nearing $2.5 billion, the XRP Ledger is increasingly positioning itself as a primary infrastructure layer for tokenized assets. These developments underscore a strategic shift toward institutional-grade settlement capabilities, even as the native token navigates short-term market volatility. The ongoing expansion of payout access across 60 global markets further supports Ripple's long-term objective of competing with traditional cross-border payment networks like SWIFT.







