XRP Price Plunges Amid Speculation of $40 Target
XRP price is currently trading near $1.34, down over 2% from earlier in the day.
Ripple recently announced a $3.1 trillion collateral opportunity for institutions, which could potentially use XRP as collateral to access credit without selling it.
The company Evernorth has confirmed plans to use the XLS-66 standard as part of its XRP strategy, with native XRP lending framed as a potential multi-billion-dollar annual yield opportunity.
XRP's ETFs have seen net inflows of $19 million this week, bringing September 2026 inflows to about $32.29 million so far.