XRP is hovering near $1.40 after a recent pullback, putting nearby support levels in focus. At the same time, Ripple is expanding its brokerage and financing services for institutional clients. The company’s growth, however, does not automatically translate into greater demand for XRP, leaving token prices and Ripple’s commercial expansion as related but distinct questions for holders.
XRP traders watch $1.40 support and $1.46 resistance
XRP has a market capitalization of about $88.2 billion and fell roughly 6% over the past seven days, according to CoinGecko data. A recovery in buying could put the $1.46 resistance level in focus next week. A sustained break above it could shift attention to $1.50. If selling pressure persists, the next support area to watch is around $1.32.
Near-term scenarios place XRP in a range of roughly $1.32 to $1.50. Some market views also point to $1.60 by the end of the month if the token rebounds, but these are possible scenarios, not a certain forecast. After its recent decline, XRP’s ability to regain and hold $1.50 remains a key test of short-term momentum.
Ripple Prime adds institutional financing services
Ripple’s expansion into Wall Street services is being led by Ripple Prime, its institutional brokerage platform. In April 2025, Ripple announced its $1.25 billion acquisition of Hidden Road. Following integration, the platform can serve institutional clients in markets including foreign exchange and fixed income.
In August 2026, Ripple Prime launched its Delta One business. Clients can gain exposure to U.S.-listed stocks and digital assets through total return swap agreements with counterparties, without directly holding the underlying assets. For example, a leveraged exchange-traded fund targeting twice the daily return of a stock can use derivatives to establish exposure, while the financing provider earns fees for supporting the position.
Another development announced on October 6 was that funds managed by Brevan Howard would use Ripple Prime’s multi-asset prime brokerage and financing services. The move broadens Ripple’s reach among institutional financial firms, but the partnership alone does not establish that clients will buy XRP directly.
RLUSD, XRP Ledger and XRP serve different roles
In its announcement of the Hidden Road acquisition, Ripple said RLUSD could be used as collateral in prime brokerage services and outlined plans to move some post-trade processes onto the XRP Ledger. Collateral supports trading positions, while post-trade infrastructure handles processes after a trade is completed. Using Ripple Prime or adopting related infrastructure does not mean every transaction must be settled through XRP.
XRP has a role in the operation of the XRP Ledger: network transaction fees are paid in XRP and burned, and accounts must maintain a minimum XRP reserve. But these network functions are separate from the scale of Ripple’s institutional business. Growth in those services does not, by itself, show that demand for the token will rise by a corresponding amount.
Token demand remains a separate question
Highly optimistic long-term price targets for XRP have also circulated in the market. The key unresolved issue is how much Ripple’s success in attracting financial-services clients will translate into actual demand for the token. Disclosed developments so far include platform services, financing products and planned post-trade process migrations, but they do not establish how XRP demand will change.
In the near term, traders are watching whether XRP can hold around $1.40 and challenge resistance at $1.46 and $1.50. If selling intensifies, support near $1.32 could be tested. Ripple’s institutional expansion should be assessed separately for its impact on the company’s operations and for any effect on demand for XRP.