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Aviva, a British asset manager, put £50 million ($66 million) into a blockchain-based share class of its Sterling Liquidity Fund on the XRP Ledger. Its total investments across two XRP Ledger offerings now exceed £86 million ($116 million). For traders, this is a sign of growing big-money interest in XRP's network.
Aviva Investors has launched a tokenized share class of its $29B Sterling fund on the XRP Ledger. It is the second Aviva fund to offer tokenized shares, part of a wider effort to bring more tokenized funds to the network. For traders, it points to growing use of XRP Ledger for fund products.
Bitcoin fell under $80,000 as traders reduced their exposure to risk ahead of a Federal Reserve meeting. Ether and XRP posted the biggest losses among major coins, while AI-related trades took another hit in Asia. The moves may signal caution across crypto and stock markets before the Fed decision.
Evernorth has announced an $80 million XRP funding plan that follows the approach Michael Saylor used for Bitcoin. Cantor's ordinary share purchases are linked to eligible XRPN trading volume, while registration, fees and allocation will shape how much XRP can be bought. For traders, the plan adds a new source of possible XRP demand, though the actual buying depends on those conditions.
Franklin Templeton moved $150 million of fund shares into a single wallet on the XRP Ledger. Two subscriptions on Thursday nearly quadrupled the fund's tokens on the network. For traders, it shows large institutional money flowing through XRP's network, though the receiving wallet is tied closely to the issuer.
Evernorth has a $132 million funding option that could let it buy more XRP. The same option could also reduce XRP per share. Whether it helps depends on an allocation hurdle near 70% and on actual ownership, exercises and purchases.
The XRP Ledger has recovered from on-and-off transaction delays, and ledger closing times are back to normal after a configuration change for network operators. Developers are still preparing a permanent software fix, and a related security upgrade now faces a two-week delay. For traders, the story is about network reliability and when the lasting fix will arrive.
The XRP Ledger bug fix has been delayed to November. Its two-week countdown was almost finished when validator support fell to 26 of 35, so it lost its place. Support has since recovered to 31 validators.
Xaman, a crypto wallet, gave a hypothetical example in which fee recovery takes about 15 months on 100 XRP. The article says current vault terms differ from that example. For traders, the gap means yield from this wallet may not be as profitable as the headline return suggests.
Bitcoin rose back near $84,500, its highest level of the week, as a broad crypto rebound followed October's slide. XRP and Zcash are leading the gains. The rebound has also brought the idea of "Uptober" back into discussion.
Santiment data shows XRP's 365-day MVRV ratio has dropped to about 0.92, meaning holders sit roughly 8% below their cost basis, with XRP near $1.33. The report also flags $15.7 billion in exchange supply as a risk to any recovery. Traders may want to wait for clearer confirmation before treating this as a bottom.
Ripple Prime now lets institutions trade stocks around the clock, with RLUSD usable as collateral. HSBC warns that the markets involved are still thin, meaning there may not be enough buyers and sellers for large trades. For traders, this shows how crypto-linked tools are moving into traditional markets, but liquidity risk remains.
A Bitquery study covering September 19 to October 18 examines activity on the XRP Ledger. It finds that 110 bot wallets account for much of the RLUSD payment activity, and it separates these automated counts from billions in larger transfers, including issuer flows. For traders, the gap between bot-driven counts and large transfers may affect how much weight the network's activity boom deserves.
TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.
