Ripple has accomplished its $1.25 billion acquisition of worldwide Prime broker Hidden Road and renamed the corporate Ripple Prime. The company says the unit's business has tripled because it was announced in April and it now serves greater than 300 institutional clients across markets, generating over $3 trillion in annual sales. Ripple represents the entity as a central point of contact for trading, financing and clearing.
With the completion of the transaction, Ripple becomes the primary crypto company to own and operate a worldwide multi-asset prime broker. This positioning is essential for institutions that want integrated lending, clearing and access to digital and traditional markets under one roof. The company also highlights operational size as a differentiator.
In addition, Ripple links prime brokerage to its product portfolio. The company notes that its dollar stablecoin RLUSD is increasingly getting used as collateral inside Ripple Prime as more institutional users come on board. This ties the acquisition to Ripple’s broader push to embed settlement assets directly into institutional workflows.
Corporate Treasury Drives Progress With $1 Billion GTreasury Deal
Separately, Ripple entered the company treasury software market by agreeing to amass GTreasury for $1 billion. The goal includes money, risk and payment tools utilized by large firms, which Ripple says will help CFOs manage stablecoins, tokenized deposits and liquidity in real-time. The firms describe the deal as a direct bridge between the digital asset rails and day-to-day treasury operations.
The acquisition stays subject to customary approvals. However, either side are already outlining integration themes, emphasizing how Treasury users could interact with Ripple's infrastructure and assets through familiar corporate interfaces. This narrative focuses on utility somewhat than market activity.
Context from industry reporting also highlights the dimensions of Ripple's dealmaking in 2025: Hidden Road within the prime brokerage space and GTreasury within the software space, alongside previous deals this 12 months. Together they outline a method aimed toward institutional adoption within the areas of trading, settlement and company finance.
On-Chain: XRPL “Batch” Change Remains in Vote
On the XRP Ledger, the batch change (XLS-56) remains to be subject to energetic validator voting. The change would enable multiple transactions to be executed together, enable atomic workflows, and improve complex operations for apps and institutions. Public trackers display the proposal within the voting phase as a substitute of activating it on mainnet.
XRPL batch change status. Source: XRPScan
Developers and ecosystem voices proceed to debate use cases and implementation details, noting that the change was shipped in Rippled v2.5.0 but still requires supermajority support to enable it. The focus continues to be on documentation, tools, and clear patterns that make Batch adoption easier.
Additionally, the official change registry and third-party dashboards agree on status: Batch is visible, measurable, and below the activation threshold on the time of writing. This implies that functionality on the mainnet has not yet modified, whilst testing and advocacy progresses.
Why it matters for XRP's utility (not price)
First, the closure of Hidden Road turns Ripple Prime into an operating entity somewhat than a pending plan. As a result, institutions now have Ripple's own channel for premium services that may integrate RLUSD and, where applicable, XRP-based Rails. This creates a concrete place for non-price-related usage narratives.
Second, the GTreasury deal targets corporate operations. If accomplished, it will bring Ripple's assets and payment channels closer to the treasury teams that manage money, liquidity and settlements every day. This proximity often determines whether crypto tools move from the pilot phase into routine use.
Third, protocol work like Batch lays the muse for more complex app logic on XRPL. When atomic sequences are easier to execute, services that require multi-stage commitments – resembling pooled payouts or coordinated swaps – can operate with fewer failure modes. This form of reliability typically precedes broader corporate adoption.
Whale cohort cuts populations; 70 million XRP were moved in 48 hours
Santiment data cited by @ali_charts shows that addresses holding between 100,000 and 10,000,000 XRP reduced their balances by roughly 70 million XRP in two days. This cohort often signals distribution phases because it controls a major, tradable supply. The shaded area of the chart declines through mid-October while price motion stays choppy, suggesting that sellers had the upper hand during this window.
XRP whale distribution trend. Source: Santiment / X
However, a decline in on-chain balance doesn’t all the time equate to identify sales. Large holders can move coins to different wallets, collateralize them, or route them through exchanges without immediate liquidation. Data on exchange inflows would confirm actual sales, while outflows or wallet clustering could mean internal reshuffles. In any case, a move of 70 million XRP represents about 0.07% of the whole supply of 100 billion, so the headline size requires context whilst the activity puts pressure on intraday liquidity.
Going forward, observe the identical 100,000-10 million cohort to see if the distribution continues or stalls. At the identical time, track known exchange wallets for net inflows that might validate selling pressure and compare these to funding, open interest and XRPL transfer volume. As balances stabilize and forex inflows subside, the signal weakens; If not, the info suggests continued supply overhang.
XRP Weekly Setup: Range, 55-EMA Support and Breakout Trigger
The chart shows XRP in a rising “accumulation” box since January 2025 with resistance at around $2.60 and a parallel support trendline below. Candles proceed to respect the range because the ceiling for the January highs rises. The image also marks a momentary downward wick that recovered back into the box, keeping the structure intact in the interim.
Weekly XRP accumulation and 1,618 expansion. Source: @ChartNerdTA on X
The weekly 55-EMA (blue) acts as dynamic support on this reading. A clean weekly close above $2.60-$2.70 would confirm a variety break and shift focus to previous highs. Conversely, a decisive weekly close back below the 55-EMA and lower trendline would invalidate the breakout thesis and produce the market back to range maintenance. Since the screenshot lacks momentum panels, confirmation should include volume expansion and improvement in market breadth.
The creator cites a Fibonacci extension of 1.618 as targets, which predicts $5 to $6 once resistance gives way. This path requires sequential steps: reclaiming and holding the $2.60 area, clearing the January 2025 highs, after which maintaining higher lows upon retesting. The expansion represents a roadmap, not a guarantee; it continues to depend upon higher timeframe closes and continued support from the 55-EMA.
