Ripple's Institutional Push Fails to Spark Immediate Price Bounce

XRP's institutional adoption is expanding rapidly through banking, custody, and tokenization on the XRP Ledger, courtesy of Ripple. Jeonbuk Bank has adopted Ripple Payments, though its release does not indicate direct XRP settlement. This growing adoption is evident in large XRP transactions increasing by 280% in one day.

The market price remains near $1.10, signaling a disconnect between institutional growth and immediate price impact. While banks, asset managers, and regulated funds are using Ripple services or the XRP Ledger infrastructure, these relationships do not always require clients to buy XRP or hold it for long periods.