The price of XRP has skyrocketed in a short time. At the moment, XRP is around 1.37 euros, good for an increase of more than 15 percent today.
The reason? A mix of good news about Ripple, growing interest from major parties and an important technical update for the XRP Ledger.
Ripple director given influential role at US regulator
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The biggest driver of the price jump seems to come from the United States. Ripple CEO Brad Garlinghouse is namely appointed to an advisory committee of the CFTC. This is the American regulator that looks, among other things, at trade in commodities and derivatives, and therefore increasingly also at crypto.
This committee provides advice on topics such as blockchain, artificial intelligence and digital assets. The fact that Ripple now literally has a seat there is seen as positive by many investors.
Why? Because this could mean that Ripple and XRP face less regulatory headwinds. And especially in crypto, clarity is often good news for the price.
XRP is the centerpiece of Ripple’s strategy
It is not only Garlinghouse’s appointment that provides optimism. Ripple has been active on several fronts lately. For example, during a community event, Garlinghouse called XRP the main focus of Ripple’s strategy. He also said that 2026 could be a big year for crypto.
It is also notable that Binance has integrated RLUSD on the XRP Ledger. RLUSD is a stablecoin that runs on the XRP network. This step increases the use of the network, and that is often good for the demand for XRP.
In addition, Ripple is working on new features aimed at large financial parties. Think of borrowing and lending directly on the blockchain, something that institutions are mainly looking at.
Grote bank Goldman Sachs zit via ETF’s in XRP
Another point that the market is clearly taking seriously is that Goldman Sachs has a position in XRP ETFs. This concerns an amount of 152 million dollars.
That does not mean that Goldman Sachs directly buys and holds XRP like a private investor does. But it does show that there is increasing institutional interest, i.e. from major financial players. And that kind of news often creates confidence among the rest of the market.
New XRP Ledger update makes borrowing possible without collateral
As if that wasn’t enough, important news also came from the technology of the network. The XRP Ledger has… version 3.1.0 launched. This update contains two major new components:
Single Asset Vaults and a Lending Protocol.
In plain language, this means that the XRP Ledger is taking a new step towards DeFi, i.e. financial services without a bank. The most striking thing is that fixed loans are now possible without having to deposit a large amount of collateral first.
Normally DeFi works in such a way that, for example, you have to secure 150 euros in crypto to be able to borrow 100 euros. That system is safe, but also very strict. This will change with this update. Loan brokers can offer loans with a fixed term, with money coming from a shared safe.
This makes the system more flexible, but also more risky. Because if someone doesn’t pay back, there is less protection than with traditional DeFi.
date:2026-02-15 08:04:00