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XRP price today: Ripple’s custody push lands as traders eye Friday’s U.S. CPI
9 February 2026
1 min read

XRP price today: Ripple’s custody push lands as traders eye Friday’s U.S. CPI

NEW YORK, February 9, 2026, 13:41 EST — Regular session

XRP slipped 0.3% to $1.44 on Monday, with prices bouncing from $1.38 up to $1.46 during the past day. The world’s No. 4 crypto by market cap has shed roughly 12% in a week, according to CoinGecko data.

Investors aren’t finding much more than a bounce so far. XRP typically tracks broader crypto moves, though lately, traders have keyed in on Ripple company developments as a stand-in for longer-term appetite.

Ripple’s focus is on infrastructure, not chasing splashy headlines. That’s suddenly relevant: risk appetite has taken a hit in recent weeks, and crypto markets haven’t hesitated to batter anything perceived as over-owned.

Ripple has announced fresh deals with Switzerland-based Securosys and staking platform Figment, aiming to bolster its Ripple Custody product for banks and regulated players. The service now includes support for staking on proof-of-stake chains like Ethereum and Solana. “Institutions require absolute confidence in how cryptographic keys are secured and managed,” said Securosys CEO Robert Rogenmoser. Figment’s Ben Spiegelman described the partnership as a chance for clients to tap staking rewards “on several blockchain networks.” Aaron Slettehaugh, who oversees product at Ripple, said the move is about getting customers “go live faster and scale with confidence.” Ripple

Hardware security modules—HSMs—store the cryptographic keys that authorize transfers. Institutions looking to stake tokens for rewards face extra operational hurdles, especially when strict controls are a priority.

Fund flows painted a muddled picture for demand. Last week brought $187 million in net outflows from digital-asset investment products, CoinShares data showed. But the standout was XRP-linked products, which attracted $63.1 million—more than any other major altcoin, a term for cryptocurrencies that aren’t bitcoin, according to Decrypt’s summary of the CoinShares report. “The deceleration in flows historically signals a potential inflection point,” wrote James Butterfill, who heads research at CoinShares. Decrypt

Regulatory questions still hang over the token, despite years of legal battles. Back in August, the U.S. Securities and Exchange Commission dropped its lawsuit against Ripple. The company will pay a $125 million civil penalty, and both parties withdrew their appeals, according to Reuters.

Markets are bracing for the next macro data point: January’s consumer price index comes out Feb. 13 at 8:30 a.m. ET, per the Bureau of Labor Statistics. How those numbers land could shift the Federal Reserve’s policy outlook and, by extension, the tone for risk assets like cryptocurrencies.

Still, the custody update doesn’t automatically translate into fresh demand for XRP. The staking tie-up is focused on separate blockchains. Crypto, for its part, remains vulnerable to sudden drops if markets turn cautious or liquidity dries up—altcoins often get hit hardest.

Traders are eyeing whether XRP finds its footing after the recent swings, and whether inflows continue in regulated products. Next up: Friday’s CPI print marks the main scheduled event.

Stock Market Today

  • Semtech (SMTC) Valuation Examined Amid Share Price Volatility
    June 8, 2026, 3:07 PM EDT. Semtech (SMTC) shares have swung sharply amid volatility, dropping 10.8% in one day yet rising 24% over the past month and 72.4% over three months. The company reported annual revenue of $1.09 billion but a net loss of $33.16 million, raising both growth and profitability concerns. Despite the recent drop, the stock's one-year shareholder return is 265.2%. Analysts predict a fair value of $204.83, suggesting the stock is 26.3% undervalued, driven by demand in data centers and AI infrastructure. However, Simply Wall St's discounted cash flow model values SMTC at $52.73, highlighting a stark valuation divide. Investors face a choice between bullish execution assumptions and more conservative cash flow projections amid sector risks.

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