The sharp increase in XRP flowing to Binance hints that the price may head south in the near term.
Ripple continues to draw attention due to important developments concerning its entire ecosystem.
The company’s native token, XRP, has posted a minor recovery over the past week, but some indicators suggest a renewed downfall could be knocking on the door.
Ripple & Hidden Road
The firm made the headlines in April last year when it announced it would purchase the brokerage platform Hidden Road for a whopping $1.25 billion. The official conclusion of the deal occurred in October 2025.
Some industry participants described the acquisition as a “game changer” because it gives Ripple direct control over a prime brokerage that processes over $3 trillion in volume every year. This makes it much easier for banks, hedge funds, and other large players to use XRP in settlements, thereby increasing its institutional adoption.
A recent DTCC notice revealed that Hidden Road has officially gone live on the National Securities Clearing Corporation (NSCC) on March 2nd. The X account BankXRP shared the news, arguing:
“Ripple Prime’s role in bridging TradFi and DeFi will likely move post-trade volume to the XRPL.”
David Schwartz – one of the original architects of the XRP Ledger and CTO Emeritus at Ripple – also touched upon the matter, saying that the development “seems important.”
RLUSD’s Progress
Ripple’s stablecoin, dubbed RLUSD, officially saw the light of day in late 2024 and has been gradually advancing ever since. The product, pegged 1:1 to the US dollar, received backing from numerous exchanges and renowned banking institutions, such as the oldest American bank, BNY Mellon.
You may also like:
RLUSD’s market cap now nears $1.6 billion, with X user SMQKE recently noting that the stablecoin has grown “much faster” than Circle’s USDC in its first year.
Several hours ago, another 69 million tokens were minted at the RLUSD Treasury, with Vet emphasizing that this is the largest single mint to date.
The ETFs
In November last year, Canary Capital became the first company to launch a spot XRP ETF in the US, which has 100% exposure to the token. The renowned names that followed suit shortly after include Bitwise, Franklin Templeton, 21Shares, and Grayscale.
Initially, the investment vehicles were a major success, with millions of dollars pouring in during the first weeks, generating a cumulative net inflow of roughly $1.25 billion to date. Lately, though, that momentum has noticeably faded.
XRP Price Outlook
As of this writing, Ripple’s native cryptocurrency trades around $1.35, representing a minor 1.5% increase on a weekly scale. However, the market’s overall bearish condition, as well as certain indicators, hint that a new pullback could be on the way.
For example, almost 500 million XRP (worth around $650 million) have been transferred to Binance following the escalating military conflict between the USA and Iran. This is considered a bearish factor as it may suggest that investors are preparing to cash out.
On the other hand, XRP’s Relative Strength Index (RSI) has fallen to 30 on a weekly scale. The development indicates that the asset is oversold and could be due for a short-term resurgence. The metric runs from 0 to 100, where anything above 70 is seen as bearish territory.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
