New York, January 28, 2026, 13:51 ET — Regular session
- XRP gained roughly 1%, hovering around $1.91 after moving in a $1.89 to $1.94 range
- GTreasury, a Ripple subsidiary, has launched “Ripple Treasury,” targeting corporate cash and digital-asset management
- Markets are zeroing in on the Fed’s upcoming decision, while eyes also remain on XRP as it tests the $2 mark
XRP gained roughly 1% to trade around $1.91 on Wednesday, staying close to the $2 mark following the launch of a corporate treasury platform by Ripple’s GTreasury unit. The move comes ahead of a U.S. Federal Reserve decision scheduled for later in the day. Earlier, the token hit a high of $1.94 before slipping back to $1.89.
This matters now because crypto’s next move hinges as much on rate expectations as anything else. The Fed is expected to hold rates steady, with investors set to scrutinize the 2 p.m. ET policy statement and Chair Jerome Powell’s press conference half an hour later for clues on the length of the pause. “What is clear is that … there is no urgency to lower rates aggressively,” noted Seema Shah, chief global strategist at Principal Asset Management. (Reuters)
GTreasury introduced Ripple Treasury as a unified platform aimed at CFOs and treasurers, letting them handle both traditional cash and digital assets in one place. The product covers forecasting, reconciliation, and payments. It also promises quicker cross-border settlements using RLUSD, a stablecoin pegged to the dollar, alongside XRP. (GTreasury)
Bitcoin climbed roughly 1.9% to hit $89,468, while ether also gained around 1.9%, reaching $3,006. The broader market held steady into the afternoon.
Traders remain fixated on liquidity and positioning instead of product news. Akbar Thobhani, co-founder and CEO of crypto trading firm sFOX, told DL News that “wallet-level and exchange inflow data … generally signal strong participation interest and liquidity demand.” He also noted that XRP “benefits from deep order books across global venues.” (DL News)
Technical traders are zeroing in on $2 as a key level. FXStreet analyst John Isige noted that buyers aimed to push past the 50-day exponential moving average, hovering near $2.02, while keeping support intact around $1.90. (FXStreet)
The setup runs both ways. If Powell turns more hawkish, the dollar might spike, putting pressure on riskier assets fast. Meanwhile, Ripple’s fresh treasury pitch still has to prove itself with real customer uptake before it moves beyond headline buzz.
Ripple is pushing the spotlight onto the future of its ecosystem. It announced a virtual XRP Community Day scheduled for Feb. 11-12, with CEO Brad Garlinghouse and President Monica Long slated to lead sessions. The agenda includes discussions on regulated products like ETFs and wrapped XRP. (Ripple)
The first hurdle comes Wednesday with the Fed’s decision and Powell’s comments. After that, all eyes shift to Ripple’s February event to see if it delivers tangible product updates traders can act on.
