XRP (XRP) has decreased by 0.99% over the past 24 hours and is now trading at $1.58.

Gate News Bot Message, February 4th, according to CoinMarketCap data, as of press time, XRP (XRP) is trading at $1.58, down 0.99% in the past 24 hours, with a high of $1.94 and a low of $1.53. The 24-hour trading volume reached $4.095 billion. The current market capitalization is approximately $95.984 billion, ranking 5th globally.

The XRP Ledger is a decentralized public chain built for business, operated and maintained by a global community of users and developers. The chain has verified reliability for over ten years, running smoothly, offering a seamless development experience, low transaction costs, high performance, and sustainability. The XRP Ledger features transparency, decentralization, simplified development, high performance, and low costs, with a single transaction fee of just a few cents. It also has a history of operating over 630,000 ledgers, demonstrating fully reliable performance. The chain includes core features such as a decentralized exchange, cross-currency payments, payment channels, multi-signature, and tokens, supporting multiple programming languages including Python, Java, and JavaScript.

Recent Key Market Drivers for XRP

1️⃣ Ripple Treasury Officially Launched, Accelerating Enterprise-Level Financial Applications

Ripple has officially launched a new product, Ripple Treasury, based on GTreasury’s enterprise financial software architecture integrated with its own blockchain technology, allowing companies to manage traditional cash and digital assets within the same system. This platform enables finance teams to view balances, conduct fund dispatching, and control risks through a unified interface. Cross-border settlements using RLUSD typically take only 3 to 5 seconds, far more efficient than traditional wire transfer systems. Cost-wise, the platform reduces reliance on pre-funded overseas accounts and lowers foreign exchange costs through blockchain payment rails. Additionally, Ripple plans to connect to the repurchase market via the Hidden Road platform, enabling companies to use tokenized assets for short-term liquidity management. This strategy indicates Ripple’s evolution from a simple payment tool to an enterprise-level financial management platform, injecting new growth momentum into the application scope of the XRP Ledger.

2️⃣ Over 80% Consensus from Validators on XRPL Permissioned Domain Amendment, Improving Compliance Infrastructure

The “permissioned domain” amendment on XRPL has received 88.24% validator consensus and is expected to take effect on February 4th. This feature is seen as a crucial bridge connecting institutional compliance needs with on-chain liquidity, providing compliance remedies for regulated entities through credential and permission mechanisms. With a more complete compliance framework, on-chain liquidity of Ripple Payments’ XRPL DEX and Ripple Prime’s institutional ledger settlement are now capable of directly serving financial institutions. Compared to relying on external regulatory changes, this payment and clearing infrastructure is more practical. Meanwhile, Ripple has received support from Japan’s Financial Services Agency and plans to reclassify XRP as a “regulated financial product” by Q2 2026, moving it out of the “cryptocurrency” category under the Payment Services Act and into the regulatory framework of the Financial Instruments and Exchange Act. Additionally, Ripple has received preliminary approval for an electronic money institution license from the Luxembourg Financial Industry Supervisory Commission, complementing its previous FCA license in the UK, forming a dual regulatory framework in Europe. This multi-layered, cross-regional regulatory certainty creates conditions for financial institutions to move from pilot projects to commercial-scale deployment.

3️⃣ Institutional Funds Continue to Accumulate, Spot ETF Inflows and Whale Wallets Rebound

The number of “whale-level” wallets holding at least 1 million XRP has increased for the first time since September 2025, with a net increase of 42 this month, totaling 2,016, ending a four-month decline. The return of large addresses usually indicates longer-term capital deployment rather than short-term speculation. Meanwhile, US spot ETFs linked to XRP have shown clear inflows, with a total net inflow of $1.26 billion and total assets under management of $1.39 billion. Franklin XRP ETF XRPZ has a total net inflow of $300 million, Grayscale XRP ETF GXRP has $234 million, and Bitwise XRP ETF XRP has $332 million. This performance contrasts sharply with Bitcoin—Bitcoin ETFs experienced about $278 million in net redemptions this month. Institutional funds are rotating from some mainstream assets into XRP, and the divergence of “big holders increasing holdings, ETF inflows, and falling prices” suggests the market is quietly accumulating, with medium- and long-term foundations quietly solidifying.

4️⃣ Executive Signals Reinforce Strategic Position, Confirm XRP’s Core Status

Ripple will hold the second XRP Community Day global online event on February 11, covering the Americas, Europe, Middle East, Africa, and Asia-Pacific regions. Ripple President Monica Long will deliver an important speech in the Americas session, emphasizing why XRP remains a core asset within Ripple’s strategic ecosystem, and directly responding to external doubts about whether the company is weakening XRP’s positioning. This clearly affirms XRP’s long-term role in payments, institutional business, and ecosystem development. CEO Brad Garlinghouse has previously stated that XRP is a fundamental component of Ripple’s business architecture and a key driver of the company’s growth. The repeated reinforcement from senior management indicates Ripple’s ongoing commitment to XRP’s long-term value, further clarifying its position in the global financial system amid increasingly mature institutional applications and compliance frameworks.

This message is not investment advice; please be aware of market volatility risks.