XRP Ledger upgrade could drive institutional demand, but limited effect on XRP supply expected

XRP’s proposed fee-sponsor update would transfer reserve demand from individual users to institutions, rather than eliminate it. The token was priced at $1.059 on Saturday. Its decline for the day was in line with the broader market.

SWIFT Blockchain Goes Live With 17 Banks—But the Pilot Math Tells a Cautious Story

SWIFT Blockchain Goes Live With 17 Banks—But the Pilot Math Tells a Cautious Story

SWIFT said its blockchain ledger was ready for initial use this week with 17 banks across six continents, including Citigroup and HSBC Holdings, opening a controlled test of round-the-clock cross-border transfers using bank-issued digital deposits. The investor question is no longer whether SWIFT can build the layer, but whether its distribution network can produce meaningful payment traffic.
XRP ETFs Just Hit $1.32 Billion—Why Ripple’s Bank Test Matters Now

XRP ETFs Just Hit $1.32 Billion—Why Ripple’s Bank Test Matters Now

U.S. spot XRP exchange-traded funds have now pulled in around $1.325 billion in cumulative net inflows, riding momentum from a May rebound that’s kept attention on Ripple-linked assets—even though the token remains well below last year’s peak. On May 8, fresh inflows totaled $6.04 million, according to SoSoValue data cited by Bitget, with only the Canary XRP ETF seeing net new money that session.