XRP (XRP) has a market capitalization of nearly $98 billion, currently trading at $1.61.

Gate News Bot Message, February 3rd, according to CoinMarketCap data, as of press time, XRP (XRP) is trading at $1.61, up 0.24% in the past 24 hours, with a high of $1.94 and a low of $1.53. The 24-hour trading volume reached $4.757 billion. The current market capitalization is approximately $97.926 billion, an increase of $2.34 million from yesterday.

XRP Ledger is a decentralized public blockchain built for commercial applications, driven by a global community of enterprises and developers. As a proven and stable infrastructure for over a decade, XRP Ledger features low transaction costs, high performance, and sustainability. The platform offers core functionalities such as decentralized exchanges, cross-currency payments, payment channels, multi-signature, and tokens, with transaction costs of just a few cents and the ability to process thousands of transactions per second. XRP Ledger has operated over 63 million ledgers, maintaining over 10 years of error-free reliability.

Analysis of Recent Major Market Drivers for XRP

1️⃣ Ripple Treasury Officially Launched, Accelerating Enterprise-Level Financial Application Deployment

Ripple has officially launched a new product, Ripple Treasury, based on GTreasury’s enterprise financial software architecture integrated with its own blockchain technology, allowing companies to manage traditional cash and digital assets within the same system. This platform enables finance teams to view balances, conduct fund dispatching, and control risks through a unified interface. Cross-border settlements using RLUSD typically take only 3 to 5 seconds, significantly more efficient than traditional wire transfer systems. Cost-wise, the platform reduces reliance on pre-funded overseas accounts and lowers foreign exchange fees through blockchain payment rails. Additionally, Ripple plans to connect to the repurchase market via the Hidden Road platform in the future, enabling companies to use tokenized assets for short-term liquidity management. This strategy indicates Ripple’s evolution from a simple payment tool to an enterprise-level financial management platform, injecting new growth momentum into the application scope of XRP Ledger.

2️⃣ Highly Consensus Approved Permissioned Domain Amendment Further Advances XRPL Institutional Compliance Framework

The XRP Ledger’s “Permissioned Domain” amendment has received 88.24% validator consensus and is expected to go live on February 4th. This feature is seen as a bridge connecting institutional compliance needs with on-chain liquidity, effectively addressing regulatory challenges faced when obtaining liquidity through public decentralized exchanges. Through the design of credentials and permission mechanisms, this amendment reduces risks at the post-settlement layer, providing a compliant pathway for financial institutions to participate in on-chain trading. Coupled with Ripple Prime’s privacy capabilities, the issue of whether institutions can balance transparency and confidentiality is gradually being resolved. This infrastructure upgrade provides a regulatory guarantee for large financial institutions to settle directly on XRPL.

3️⃣ Global Regulatory Framework Accelerates Improvement, Japan Reclassifies XRP to Investment Grade Status

Ripple has received support from Japan’s Financial Services Agency, planning to officially reclassify XRP as a “regulated financial product” by Q2 2026, removing it from the “cryptocurrency asset” category under the Payment Services Act and placing it under the Financial Instruments and Exchange Act regulatory framework. After reclassification, XRP will gain an “investment grade” status comparable to traditional stocks and bonds, likely attracting more institutional capital. Meanwhile, Ripple has received preliminary approval for an Electronic Money Institution (EMI) license from the Luxembourg Financial Industry Supervisory Commission in the EU, complementing its previous FCA license in the UK, forming a dual regulatory framework across Europe. This multi-layered, cross-regional regulatory certainty creates conditions for financial institutions to move from pilot projects to commercial-scale deployment. The new regulations explicitly prohibit insider trading and market manipulation, enhancing investor protection and laying a legal foundation for XRP’s institutional applications.

4️⃣ Management Repeatedly Reinforces Strategic Position, Second Community Day Soon to Be Held

Ripple President Monica Long will deliver an important speech at the second XRP Community Day Americas on February 11th, emphasizing why XRP remains a core asset in Ripple’s strategic ecosystem and directly responding to external doubts about whether the company is weakening XRP’s positioning. This clarifies XRP’s long-term role in payments, institutional business, and ecosystem development. CEO Brad Garlinghouse previously publicly stated that XRP is a fundamental component of Ripple’s business architecture and a key driver of the company’s growth. The management’s repeated reinforcement indicates Ripple’s ongoing commitment to XRP’s long-term value, further clarifying its position in the global financial system amid increasingly mature institutional applications and compliance frameworks.

5️⃣ On-Chain Whales Quietly Returning, Institutional ETF Funds Continue to Flow In

The number of “whale-level” wallets holding at least 1 million XRP has increased for the first time since September 2025, with a net increase of 42 in January, bringing the total to 2,016, ending a four-month decline. The return of large addresses usually signals longer-term capital deployment rather than short-term speculation. Meanwhile, the US spot XRP ETF has shown clear inflows, with approximately $91.72 million net inflow in January, with a single-day peak of $9.16 million. As of press time, the total net asset value of XRP spot ETFs is $1.39 billion, with a cumulative net inflow of $1.26 billion. This pattern of “big holders increasing holdings and ETF inflows” often indicates market accumulation, creating conditions for a subsequent rebound.

This message is not investment advice; please be aware of market volatility risks.