• XRP dropped sharply during a brief market crash but quickly stabilized near $2.41.
• Institutional adoption and treasury use by major companies hint at long-term strength.
• Ripple’s global partnerships and regulatory expansion could cement XRP’s role in cross-border finance.

XRP is currently trading at $2.41 after recording a 347.06% gain since the start of the year. However, the market faced turbulence yesterday as a rapid sell-off triggered panic among traders. 

The sudden crash wiped out many leveraged long positions, leading to confusion across the crypto community.

Egrag Crypto, a market expert, shared insights explaining that the drop appeared orchestrated to liquidate over-leveraged XRP positions. During the collapse, XRP fell nearly 70% within eight minutes, from $2.65 to $0.78, while Bitcoin and Ethereum saw more moderate declines of 13% and 15% respectively.

The move raised suspicion about insider activity, particularly as large short positions had reportedly been opened just hours before the event.

Despite the crash, XRP has shown resilience, holding key support levels and maintaining bullish momentum as investors focus on the asset’s growing institutional integration and utility across financial systems.

Also Read: Ripple Enters Bahrain with Ambitious Plans for Ripple USD (RLUSD) and Custody Solutions

Corporate Treasuries and Institutional Use Strengthen XRP’s Case

Institutional adoption remains at the helm in XRP’s long-term growth. Nasdaq-listed Reliance Global recently included XRP in its digital treasury, a move that signified a transition in recognizing XRP as a strategic reserve asset instead of speculation. This move is a huge leap towards legitimizing XRP in corporate balance sheets.

Another firm, VivoPower, also incorporated XRP into its treasury system, releasing a proprietary agenda named “XRPFi.” The agenda is designed to combine enterprise finance with blockchain-driven yield approaches via the XRP Ledger (XRPL).

On the other hand, Ripple’s $1.25 billion purchase of prime brokerage company Hidden Road extends its penetration further into institutional finance.

The acquisition allows Ripple to move its post-trade work on top of the XRPL, envisaging the token as a major infrastructure piece in international financial processes.

Ripple Expands Global Payment Network and Challenges SWIFT

Ripple’s global strategy continues to unfold. The company recently launched its U.S. dollar-backed stablecoin, RLUSD, in Africa through partnerships with Chipper Cash, VALR, and Yellow Card.

These collaborations are streamlining cross-border remittances and enabling blockchain-based disbursements for corporate and insurance settlements.

In the UAE, Ripple secured a regulatory license from the Dubai Financial Services Authority, becoming one of the first blockchain payment providers authorized within the DIFC. Agreements with Zand Bank and fintech platform Mamo further strengthen Ripple’s regional presence.

With growing partnerships, acquisitions, and institutional participation, XRP appears to be setting the foundation for the next era of digital finance.

Also Read: XRP Eyes Comeback as SEC Filing Aligns With Bullish October Pattern