XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
XRP price target upside has widened to 35% after the latest sell pressure ahead of the Ripple XRP Ledger (XRPL) update scheduled for November 4, 2026.
In the last 24 hours, XRP has dropped 0.11% to $1.30 as trading volume plunged 20%, with Friday’s transaction value at $1.53 billion.
Trading data from the crypto exchange showed XRP fell 0.21% weekly after a failed attempt at a strong rebound, reflecting downbeat sentiment across altcoin sectors.
XRP’s news sends mixed signals, with a major partnership and network growth offset by technical delays and complex funding mechanics
Ripple partnered with Swiss financial institution Arf to provide RLUSD-denominated working capital for cross-border payments on the XRP Ledger (XRPL).
This connects to Arf’s business, which handles roughly $10 billion in annual settlement volume. The deal is a stepping stone toward XRPL’s proposed native lending protocol, which is built but awaits validator approval.
Crypto analysts said this is bullish for XRP because it directly integrates the token into a high-volume, real-world financial pipeline, expanding its utility beyond speculation.
The success of the larger lending protocol hinges on validator consensus, making their upcoming votes a critical catalyst. Investor sentiment was dampened following a delay in bug fixes scheduled for the week.
The fixCleanup3_4_0 amendment, a collection of technical corrections for the XRP Ledger, missed its October 23 activation date.
Validator support briefly fell below the required 80% on October 21, resetting the mandatory 14-day approval countdown. It is now projected to activate on November 4.
This is neutral to slightly bearish in the short term, as it highlights XRPL’s decentralised governance, which can cause delays. However, the amendment isn’t a feature launch but a necessary cleanup, so the delay is more procedural than fundamental.
Meanwhile, Evernorth’s effective warrant registration enables a potential $132.2 million cash infusion if public warrants are exercised. Analysis suggests the company would need to use a significant portion of the proceeds to buy XRP just to maintain the current modelled XRP-per-share ratio for investors, not necessarily increase it.
This is nuanced. The potential capital is positive, but it doesn’t guarantee new XRP buying pressure. The net effect on the token’s price depends entirely on management’s allocation decisions, making this a variable to watch rather than a clear catalyst.
XRP’s trajectory is being shaped by tangible utility expansion through the Arf partnership, while facing short-term friction from governance delays and ambiguous corporate financing.
With a $2 target price, XRP still has upside potential that continues to attract investors, while Ripple continues to grow its cross-border payments footprint through global partnerships.
XRP Lost 5% as High-Ticket Investors Sell Off, Bug Fixes Delay
