XRP

XRP ($XRP) trades at $1.25, down 0.2% over 24 hours and 2.5% over the past seven days, holding a market capitalization of $74.8 billion as the fifth-ranked cryptocurrency.

Institutional adoption around the XRP Ledger accelerated across multiple fronts. Aviva Investors launched a tokenized share class on the network for its £22 billion liquidity fund on Oct. 26, committing £50 million to the vehicle [11]. The following day, Ripple and BNY expanded custody support to XRP alongside tokenized supply chain finance testing on the ledger [8]. Meanwhile, the OCC granted final approval for Ripple National Trust Bank to oversee reserves and custody for the firm's RLUSD stablecoin [10].

Technical updates also emerged on Oct. 28 as XRPL developers proposed sponsored reserves, enabling zero-balance user accounts to remove native reserve hurdles for stablecoin transfers [5]. Moody's simultaneously issued an A2 rating for RLUSD reserves [4], while Polymarket introduced five-minute trading contracts covering XRP via CF Benchmarks pricing on Oct. 27 [7].