XRP (XRP Ledger) decreased by 6.39% in the past 24 hours, currently trading at $1.76

Gate News Bot Message, January 30th, according to CoinMarketCap data, as of press time, XRP (XRP Ledger) is currently trading at $1.76, down 6.39% in the past 24 hours, with a high of $1.96 and a low of $1.73. The 24-hour trading volume reached $5.338 billion. The current market capitalization is approximately $106.905 billion, ranking 5th in the global digital asset market.

XRP Ledger (XRPL) is a decentralized public blockchain built for business, jointly led by the global business and developer community. With over ten years of faultless operation, XRPL offers a smooth development experience, low transaction costs, high performance, and sustainability. The blockchain has demonstrated proven reliability across more than 63 million ledgers.

Core advantages of XRPL include: open-source and fully decentralized, allowing anyone to build on it; transaction fees as low as a few cents, supporting diverse blockchain application scenarios; transaction throughput capable of settling thousands of transactions per second. Additionally, XRPL has built-in high-performance decentralized exchange, cross-currency payments, payment channels, multi-signature, and token functionalities, providing developers with powerful innovative tools. The community is actively developing new features such as smart contracts (Hooks), and has enabled automated market maker (AMM) functions, creating passive income opportunities for liquidity providers.

Recent Key Market Drivers for XRP

1️⃣ Institutional Allocation Demand Remains Steady, ETF Funds Continue Net Inflows Supporting the Bottom

The US XRP spot ETF has maintained stable capital inflows over the past week, with total assets under management remaining in the range of $1.36 billion to $1.39 billion. Daily net inflows this month ranged from $2.09 million on January 22 to $9.16 million on January 27, and $6.95 million on January 28, indicating that institutional investors’ demand for XRP allocation remains relatively stable and resilient. Mainstream products like Bitwise XRP ETF and Franklin XRP ETF XRPZ have accumulated net inflows of $332 million and $300 million respectively, highlighting long-term institutional investment patterns. Despite recent price adjustments, inflows through ETF channels have not diminished, providing a structural foundation for price support at key levels.

2️⃣ XRPL Permissioned Domain Amendment Gains High Consensus, Institutional Compliance Framework Accelerates

The “Permissioned Domain” amendment on XRPL has received 88.24% validator consensus and is expected to take effect on February 4th. This feature is viewed as a crucial bridge connecting institutional compliance needs with on-chain liquidity. The implementation of permissioned domains will allow regulated entities to access liquidity through public blockchain settlement infrastructure while meeting specific compliance requirements, reducing technical costs for cross-border payments and asset clearing, and maintaining necessary regulatory traceability. This upgrade marks XRPL’s evolution from a simple payment network to a financial-grade infrastructure compatible with regulatory demands. Coupled with Ripple’s preliminary approval for an Electronic Money Institution (EMI) license in the EU and Japan’s Financial Services Agency planning to reclassify XRP as a “Regulated Financial Product” before Q2 2026, the regulatory framework for XRP is accelerating in multiple regions, creating institutional adoption safeguards.

3️⃣ Ripple Treasury Launches and RLUSD Surpasses $1 Billion, Enterprise Financial Applications Accelerate Deployment

Ripple officially launched Ripple Treasury, based on GTreasury enterprise financial software architecture integrated with its blockchain technology, allowing companies to manage traditional cash and digital assets within a unified system. Cross-border settlements using RLUSD typically take only 3 to 5 seconds, significantly improving efficiency over traditional wire transfer systems. The platform’s launch elevates RLUSD from a simple transfer medium to a core component of daily corporate financial processes, enabling companies to conduct cross-border fund transfers at any time, including weekends, enhancing cash flow flexibility. Meanwhile, RLUSD’s market cap has officially surpassed $1 billion, and it has received compliance approval from multiple financial regulators in the UAE, enabling over 7,000 licensed companies to use it. This achievement demonstrates high institutional confidence in RLUSD’s compliance, and the asset tokenization on XRPL has grown over 2000% YoY by 2025, covering bonds, funds, and cross-border payment channels, gradually transforming the network into a financial-grade settlement layer.

4️⃣ Whale Positioning Reversal, Long-term Funds Increasing Holdings Signal Confidence and Market Recovery

The number of “whale-level” wallets holding at least 1 million XRP has increased for the first time since September 2025, with a net increase of 42 this month, bringing the total to 2,016, ending four consecutive months of decline. The return of large addresses typically indicates longer-term capital deployment rather than short-term speculation, seen as a sign of confidence recovery. Over the past six weeks, XRP activity indicators have dropped to a two-month low, suggesting more investors are holding rather than selling, with sustained accumulation by long-term funds during the correction phase reducing circulating supply. The Relative Strength Index (RSI) previously dipped below 30 into oversold territory and then rebounded quickly, often indicating that weak hands have been cleared and selling pressure is waning. This on-chain behavior, resonating with institutional demand, is laying the groundwork for the next rebound.

5️⃣ Senior Management Reinforces XRP Strategic Position, 2nd XRP Community Day Soon to Be Held

Ripple President Monica Long will deliver an important speech at the second XRP Community Day Americas on February 11th, emphasizing why XRP remains a core asset in Ripple’s strategic ecosystem, and directly responding to external doubts about whether the company is weakening XRP’s position. CEO Brad Garlinghouse has previously stated that XRP is a fundamental component of Ripple’s business architecture and a key driver of the company’s growth. The repeated reinforcement from senior executives indicates Ripple’s ongoing commitment to XRP’s long-term value. Against the backdrop of increasingly mature institutional applications and compliance frameworks, this clarifies XRP’s positioning within the global financial system. The event is expected to attract audiences from over 50 countries and is viewed as an important platform for Ripple to reaffirm XRP’s strategic importance.

This message is not investment advice. Investors should be aware of market volatility risks.