Ripple is aggressively expanding its presence in traditional finance through high-profile acquisitions like Hidden Road and GTreasury, yet this growth is creating a significant and scrutinized disconnect with the utility of its native token, XRP.
Read MoreJapanese financial conglomerate SBI Holdings has made a massive $200 million investment into Evernorth, a new institutional vehicle dedicated to expanding the role of XRP in global finance.
Read MoreWhile XRP was initially launched to become the primary digital currency for banks, similar to a "SWIFT killer" for cross-border settlements, it hasn't been widely adopted by major financial institutions.
Read MoreWebus International has secured a major partnership with Air China to explore integrating XRP as a payment option for flights and loyalty rewards.
Read MoreVivoPower International PLC (Nasdaq: VVPR) has announced a significant investment in the crypto space, committing an initial $30 million to Doppler Finance's XRP treasury program, with a plan to expand this to $200 million.
Read MoreXRP is currently trading near a critical support level between $2.70 and $2.75, a zone that previously proved strong in early August.
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