Grayscale Spotlights Ripple Deals While XRP Price Stagnates

Grayscale recently highlighted the growing list of institutional allies working with Ripple. The asset manager pointed to collaborations with major financial players including Mastercard, JPMorgan, OKX, and Ondo Finance. These partnerships focus on cross border payments and the tokenization of assets like US Treasuries on the XRP Ledger. While these deals show clear utility for the network, they have failed to generate a significant price increase for the token.

Currently, XRP is trading near $1.09 to $1.10. Traders are watching the support levels closely, as the token has struggled to break through resistance near $1.12. Even with the institutional focus and the introduction of the RLUSD stablecoin, the market response remains muted. Some analysts suggest that the high transaction velocity of the network may naturally limit holding pressure, while others point to the token's large supply as a factor.

For now, the gap between real world adoption and market price persists. XRP often moves in cycles, and investors are waiting for stronger on chain volume to back up these strategic partnerships. With technical support holding steady, the next move likely depends on broader market liquidity rather than news alone.