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XRP News Today: XRP Surges to $90—Is This a Retail Buying Craze or the Start of Institutional Investment?

XRP News Today: XRP Surges to $90—Is This a Retail Buying Craze or the Start of Institutional Investment?

Bitget-RWA2025/11/19 12:28
By:Bitget-RWA

- XRP surged to $90 on Kraken amid institutional interest and the exchange's $800M funding round, valuing it at $15B ahead of a 2026 IPO. - Kraken's U.S. XRP ETF (XRPC) generated $58.6M in first-day trading, but XRP dropped 4.3% as macroeconomic pressures offset ETF inflows. - The exchange's Citadel Securities partnership and global expansion highlight its push to integrate crypto into mainstream finance, though XRP remains in a medium-term downtrend. - Analysts caution that real-world adoption and regulat

XRP experienced a dramatic price jump to $90 on Kraken, fueled by heightened institutional interest and key strategic moves at the exchange, reigniting discussions about Ripple’s future in the broader market. This price rally happened alongside Kraken’s recent $800 million capital raise,

, bringing the exchange’s valuation to $15 billion and setting the stage for a planned IPO in 2026. With this new funding and Kraken’s ongoing expansion into Latin America, Asia Pacific, and EMEA, .

The

rally also came after the introduction of the U.S. spot XRP ETF (XRPC), —far surpassing the $17 million analysts had anticipated.
XRP News Today: XRP Surges to $90—Is This a Retail Buying Craze or the Start of Institutional Investment? image 0
Despite this, the ETF’s launch did not bring stability to XRP, as its value dropped 4.3% to $2.22 within a day, with $28 million in liquidations, . Experts pointed to mixed institutional activity as the cause of the turbulence: ETF inflows indicated demand, but broader economic uncertainty and risk aversion continued to limit crypto market liquidity.

Kraken’s recent initiatives have boosted confidence in XRP’s practical use. Its collaboration with Citadel Securities—a major force in traditional finance—

, with intentions to grow offerings in tokenized stocks, staking, and international payment solutions. Meanwhile, Ripple’s XRP is still trending downward in the medium term, or by real-world adoption for cross-border payments.

The central issue remains: Will XRP’s story shift beyond being a target for retail speculation? Analysts warn that while the ETF debut and Kraken’s fundraising are encouraging, lasting price stability will depend on tangible utility—such as greater uptake by financial institutions or clearer regulations.

: “ETF purchases don’t instantly affect spot prices due to T+1 settlement cycles,” stressing that ongoing demand, rather than short-term inflows, will shape XRP’s path forward.

Kraken’s rising valuation and XRP’s price swings highlight significant changes in the crypto landscape. As Kraken moves toward a public listing and broadens its product lineup, institutional players are watching to see if Ripple can achieve what

and have done in establishing a robust digital payments infrastructure. For now, XRP’s $90 spike on Kraken stands as a brief phenomenon—unless it’s followed by substantial real-world adoption.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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