XRP
Why XRP is up 3.0% today
Analysis
XRP rose about 3% over the past 24 hours amid bullish catalysts tied to XRP Ledger adoption: The Block reported Ripple partnered with Aviva Investors to tokenize funds on the XRP Ledger, supporting a stronger institutional-use narrative. U.Today also noted Binance has finalized integration of Ripple USD (RLUSD) on the XRP Ledger, which may have added to positive sentiment around XRPL activity.
Contributing Factors (3)
Ripple USD (RLUSD) on XRP Ledger Integration on Binance Finalized
Binance users can now trade RLUSD on the XRPL as the exchange just finalized its integration.
XRP ETFs Note Zero Flows Despite Price Recovery Signals
XRP finally shows decent price increases after prolonged crypto market volatility, but ETFs have pulled in no capital nor made any withdrawal in the last day.
Ripple partners with Aviva Investors to tokenize funds on XRP Ledger
Ripple has partnered with Aviva Investors to tokenize traditional funds on the XRP Ledger, expanding its institutional footprint in Europe.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.