Ripple's Wall Street Push Fuels XRP Price Volatility Near $1.40
XRP's price struggles to hold above $1.40 as Ripple's expansion into Wall Street financing raises questions about token benefits.
XRP's price struggles to hold above $1.40 as Ripple's expansion into Wall Street financing raises questions about token benefits. XRP (XRP) is trading at $1.35, down 0.7% since this brief published. This is an original Token Times brief based on reporting by CryptoNews, with live market data added, as of Mon, 12 Oct 2026 23:00:01 UTC.
Ripple's strategic move into Wall Street financing could reshape its market position, but the impact on XRP's value remains uncertain as token holders weigh potential benefits against regulatory risks.
- XRP price faces resistance near $1.40 after sharp decline.
- Ripple's expansion into leveraged ETF financing raises token utility questions.
- XRP market cap stands at $86.17B amid broader market consolidation.
Ripple's recent expansion into Wall Street financing, specifically in the leveraged exchange-traded funds sector, has become a focal point for 
XRP investors. This strategic move, highlighted by The Wall Street Journal, positions Ripple to compete directly with traditional financial institutions.
The development comes as XRP's price faces significant resistance near the $1.40 level. After a sharp decline from its recent consolidation, the token has found some support around a major demand zone but remains below nearby resistance.
Technical analysis from CryptoPotato indicates that XRP is currently within a corrective structure on the daily timeframe. The token's price action shows a struggle to maintain upward momentum following the rejection from higher levels.
The broader market context shows a relatively flat trading day with 
Bitcoin down 0.73% and the total crypto market cap at $2.87 trillion. XRP's market cap stands at $86.17 billion, reflecting a 24-hour decline of 3.16% and a 7-day drop of 9.01%.
The Fear & Greed Index remains in 'Greed' territory at 69, indicating a cautious optimism in the market. This backdrop suggests that while Ripple's Wall Street push could be a long-term positive, near-term price action may continue to be volatile as investors assess the implications.
Since this brief published about 31 hours ago, XRP (XRP) has moved from $1.36 to $1.35 — -0.74%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹139.52 (about $1.35), down 4.0% over 24 hours. The rupee itself trades about 6.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Ripple's Wall Street Push Fuels XRP Price Volatility Nea — questions & answers
What is Ripple's latest strategic move?
Ripple is expanding into Wall Street financing, particularly in leveraged exchange-traded funds.
Why is XRP's price struggling near $1.40?
XRP faces resistance at $1.40 after a sharp decline and remains in a corrective structure.
How does Ripple's expansion affect XRP?
The impact on XRP is uncertain; it could bring long-term benefits but raises questions about token utility.
How much is 1 XRP worth in rupee today?
About ₹139.52 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.35. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Has XRP's price moved since this brief was published?
XRP is down 0.74% since this brief first published — trading at $1.35 now versus $1.36 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CryptoNews. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.