Meta AI has outlined a highly speculative scenario in which major commercial banks and global payment alliances use the XRP Ledger for cross-border corporate cash management and trade finance, potentially creating structural demand for XRP. Separately, Binance said it would begin restoring withdrawals in phases on November 1, 2026, after completing a security assessment. Neither development confirms that institutional demand has materialized or that all platform risks have been resolved.
XRP remains within a key trading range
XRP has recently traded in a range of $1.20 to $1.30, according to the analysis cited in the article. The token is holding above some medium-term support levels, but faces resistance around $1.35 to $1.45. In a broadly bullish market, a sustained move above $1.60 to $1.80 could point to a stronger medium-term trend and potentially set the stage for a retest of its all-time high near $3.65 to $3.66.
Near-term support is seen around $1.18 to $1.22, with another zone at $1.10 to $1.15. Holding these levels would help preserve the broader recovery structure, the analysis says. Momentum indicators remain neutral to weak and do not yet show a strong upward trend.
Double-digit targets hinge on broad institutional adoption
The scenario discussed by Meta AI assumes that major payment alliances and multiple commercial banks formally select the XRP Ledger as a preferred infrastructure for cross-border settlement and corporate fund flows. If a substantial volume of institutional payments moved onto the network, demand for XRP as a bridge asset could rise significantly. But no evidence was presented that these institutions have decided to adopt the ledger. The scenario depends on coordination among multiple parties and remains highly uncertain.
Under that assumption, combined with a broad cryptocurrency bull market, the article puts a potential XRP price range at $32 to $58 and gives an extreme target of more than $85 by January 1, 2027. These figures are projections, not a validated base case. Reaching them would require large-scale, coordinated adoption by banks, payment networks and the XRP Ledger ecosystem. The forecasts themselves do not show that those conditions are taking shape.
Binance to restore withdrawals in phases from November 1
Binance said it would restore first-phase withdrawals in a controlled, phased manner on November 1, 2026, following a security assessment. The exchange said user funds remain safe and that it would absorb the full financial impact of stolen assets rather than pass losses on to customers. It said it had covered about 95% of the affected amount. Deposits remained open during the incident, and Binance continued working with partners and law enforcement on asset recovery.
The withdrawal restart marks progress in the platform’s response, but does not mean that all recovery work or asset-retrieval efforts are complete. Restoring confidence will depend on the reliability of services, further recovery efforts and transparency about the incident. Any easing of sentiment pressure after the platform incident is separate from the hypothetical case for bank adoption of the XRP Ledger; neither development provides evidence for the other.