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    MarketForces Africa » MarketForces News » XRP Price Increases as Ripple Seeks to Expand AI Workforce

    XRP Price Increases as Ripple Seeks to Expand AI Workforce

    Julius AlagbeBy Julius AlagbeJune 22, 2026Updated:June 22, 2026 News No Comments2 Mins Read
    XRP Price Increases as Ripple Seeks to Expand AI Workforce
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    XRP Price Increases as Ripple Seeks to Expand AI Workforce

    Ripple (XRP) price climbed by 1% to $1.15 on Monday, closely tracking a broader market rebound after Ripple moved to recruit GenAI staff to support autonomous AI payments.

    With a significant surge in trading volume, XRP market capitalisation hovered around $71.62 billion. Trading volume has increased by 58% on the day to $1.3 billion as investors begin to re-enter positions.

    XRP price move aligns with a 1.45% rise in the total crypto market cap and Bitcoin’s 1.53% gain, indicating a broad market lift. XRP’s trading volume surged 57.49% to $1.3 billion, confirming the price move with significant participation.

    The uptick was more about catching a general market bid than a coin-specific catalyst. With no specific catalyst in view, XRP’s path is tied to broader market direction and key technical levels.

    Holding above the $1.10 support could allow a push toward the $1.20 resistance area. A break below $1.10 may trigger a deeper correction toward $1.05.

    The coin is in a consolidation phase within a defined range, awaiting a clearer directional catalyst. Crypto analysts guide investors to watch for Bitcoin’s ability to hold above $65,000, as a rejection there could pressure all altcoins, including XRP.

    Ripple is expanding its AI workforce following the XRPL payment upgrade, hiring new engineers to develop agentic AI systems and security tools, underscoring the company’s commitment to investing in AI.

    The XRPL version 3.2.0 introduces features that allow AI agents to transact independently using XRP and RLUSD, enabling AI systems to automatically purchase APIs and computing resources, significantly enhancing transaction efficiency.

     Ripple has posted a vacancy for a Staff Software Engineer to design and deploy production-grade agentic AI systems, with an emphasis on developing multi-agent orchestration frameworks and security controls to ensure the safety and efficiency of automated transactions. XRP Rises as HKIMR Recognises Ripple for Cross-Border Payment

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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