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    MarketForces Africa » Cryptocurrency » XRP Rises Amidst Crypto Selloffs as Ripple Boosts Adoption

    XRP Rises Amidst Crypto Selloffs as Ripple Boosts Adoption

    Julius AlagbeBy Julius AlagbeJanuary 9, 2026Updated:January 9, 2026 Cryptocurrency No Comments3 Mins Read
    XRP Rises Amidst Crypto Selloffs as Ripple Boosts Adoption
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    XRP Rises Amidst Crypto Selloffs as Ripple Boosts Adoption

    Ripple (XRPUSD) climbed slightly on Friday, up by 0.67% over the last 24 hours, slightly outpacing the broader crypto market’s 0.28% gain. XRP’s ecosystem is advancing through institutional infrastructure partnerships and real-world adoption in Asia, though price action lags the on-chain utility surge.

    At the time of writing, XRP is hovering around $2.10 after a mild profit-taking earlier in the day, caught between bull and bear trading activities.  Its trading volume dropped by 15% to $3.82 billion on Friday, with market capitalisation settling at $127 billion.

    According to crypto market analysts, this aligned with its 11.19% weekly uptrend but contrasts with its 1.48% monthly stagnation.  Its price movement was supported by increased institutional adoption and rising transparency across cryptocurrency market.

    Evernorth – a Ripple and SBI-backed digital asset treasury – and Doppler Finance announced a strategic partnership to design institutional liquidity and treasury solutions on the XRP Ledger.

    Market analysts expressed that this is bullish for XRP because it addresses a key adoption barrier – lack of institutional-grade infrastructure – potentially unlocking new demand for XRP in regulated yield strategies and liquidity pools while professionalizing on-chain treasury management.

    In other news, Ripple expanded collaborations with Japan’s Mizuho Bank, SMBC Nikko, and Securitize Japan to advance tokenized securities and real-world assets (RWAs) on the XRP Ledger.

    The action followed Ripple’s special license from Singapore’s Monetary Authority, reinforcing its Asia pivot amid U.S. regulatory uncertainty.

    This is bullish for XRP as it deepens integration with traditional finance in a crypto-friendly jurisdiction, potentially increasing XRPL transaction volume and establishing XRP as a bridge asset for institutional tokenization projects.

    Overall, its positive price movement reflects institutional validation, supply constraints from whale behavior, and technical momentum.

    XRP’s MACD shows a bullish crossover (0.050627 > 0.0073499 signal line), while its RSI (56.03) remains neutral, avoiding overbought territory. Price holds above the pivot point ($2.12)

    Holding $2.10 support is critical; a breach below this level could trigger short-term liquidations

    Ripple-backed Evernorth and Doppler Finance announced a strategic partnership on January 9 to develop institutional liquidity frameworks and treasury use cases on the XRPL. This follows Ripple’s integration of AI-powered AWS tools for ledger efficiency.

    What this means: Such collaborations validate XRP’s utility in regulated finance, potentially increasing demand from institutions seeking compliant blockchain solutions.

    Reduced regulatory uncertainty (after Ripple’s 2025 SEC settlement) amplifies this effect, as noted by Asheesh Birla (Evernorth CEO): “The next phase of XRPL adoption will be driven by institutions.”

    Whale inflows to Binance have dropped sharply since mid-December 2025, with large transactions ($100k+) hitting a 3-month high (2,802 on Jan 8). Concurrently, exchange-held XRP fell 28.6% since February 2025. XRP Edges Higher over Tight Crypto Exchange Supply

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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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