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Ripple Expands Institutional Stack: Will XRP Price React?

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XRP Price Performance

Ripple has announced two new partnerships with Figment and Securosys to expand the capabilities of Ripple Custody, its institutional digital asset custody solution.

It is evident that Ripple is currently in an infrastructure arms race to perfect its payment, custody, and staking services for institutions. However, real-world adoption and price have yet to show signs of a breakthrough.

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Ripple Expands Custody Offering With Figment and Securosys Partnerships 

Ripple said the partnerships are designed to simplify procurement and support faster deployment of custody services for regulated institutions. The move comes shortly after Ripple expanded its custody stack through the acquisition of Palisade and the integration of Chainalysis’s compliance tools.

As part of the partnership with Figment, Ripple will introduce staking functionality. This will allow institutional clients to offer staking services without operating their own validator infrastructure. 

The integration is aimed at banks, custodians, and regulated entities seeking exposure to Proof-of-Stake networks while maintaining institutional security and governance standards.

Through Figment’s infrastructure, Ripple Custody clients will be able to support staking on major networks such as Ethereum (ETH) and Solana (SOL). 

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“By combining Ripple’s enterprise‑grade custody technology with Figment’s secure, non‑custodial staking platform, we’re giving regulated institutions a way to offer staking rewards to their customers on several blockchain networks,” Ben Spiegelman, VP – Head of Partnerships & Corporate Development at Figment, stated.

Separately, Ripple has partnered with Securosys to strengthen the security layer of Ripple Custody. The collaboration adds support for CyberVault HSM and CloudHSM. This gives institutions the option to deploy HSM-based custody either on premises or in the cloud.

According to Ripple, the Securosys integration is designed to address long-standing challenges around HSM adoption. This includes cost, complexity, and slow procurement processes. 

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Ripple also noted that the addition of Securosys expands the range of supported HSM providers on its custody platform. This provides greater flexibility for institutions operating across multiple regulatory environments.

“By integrating our CyberVault HSM with Ripple Custody, institutions gain an out-of-the-box, enterprise-grade solution that can be deployed quickly, without added complexity, while retaining full control over their cryptographic keys,” Robert Rogenmoser, CEO of Securosys, remarked.

Institutional Focus Fails to Lift XRP as On-Chain Activity Cools

As Ripple continues to strengthen its institutional infrastructure, on-chain metrics from the XRP Ledger indicate that adoption remains moderate. According to data from DeFiLlama, XRPL’s total value locked declined from around $80 million in early January to approximately $49.6 million at press time, reflecting softer DeFi activity on the network.

Stablecoin data points to a similarly gradual pace. Based on DeFiLlama figures, the total stablecoin market capitalization on XRPL stands at roughly $415.85 million, suggesting steady but limited growth.

That said, much of Ripple’s institutional strategy is centered on custody, settlement, and permissioned financial use cases, which may not always be reflected in traditional DeFi metrics such as TVL. 

Notably, so far, the expansion of institutional use cases has had a limited impact on XRP’s market performance. 

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XRP Price Performance
XRP Price Performance. Source: BeInCrypto Markets

The asset is down nearly 32% over the past month, broadly tracking the wider market downturn. At the time of writing, XRP was trading at $1.44, down 0.66% over the past day.

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Crypto World

Bitcoin Breaks 5-Month Losing Streak With $68K March Close: What’s Next?

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Cryptocurrencies, Bitcoin Price, Markets, BTC Markets, Price Analysis, Market Analysis

Bitcoin (BTC) closed March in green, ending the longest monthly losing streak since 2018. Data suggests that the coming months may prove to be profitable for BTC.

Key takeaways:

  • Bitcoin ended March 2% higher, marking the first green monthly close in six months.

  • A similar streak in 2018/2019 led to an over 316% BTC price rebound over five months.

  • Bitcoin price faces stiff resistance at $70,000-$72,000, where key trend lines converge.

Past multi-month downtrends were followed by 300% price gains

Historical price data from CoinGlass confirms Bitcoin printed its first green monthly candle in six months, closing March 2% higher after five straight months of losses.

“This is a massive dose of hopium,” analyst Ash Crypto said in an X post on Wednesday.

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The analyst was referring to a possible shift in momentum, which might lead to a sustained recovery, as seen in previous cycles.

Related: Crypto Fear & Greed Index stuck on ‘extreme fear,’ but is there a silver lining?

The last time this happened was in 2018/2019 when BTC closed February 2019 in green, after six consecutive red months, as shown in the figure below.

This led to a reversal with over 300% returns the following five months, as Bitcoin recovered from the 2018 bear market.

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“Last time BTC dumped 6 months in a row, it pumped the following 5 months in a row that came after!” trader Satoshi Flipper said in a Wednesday post on X.

Cryptocurrencies, Bitcoin Price, Markets, BTC Markets, Price Analysis, Market Analysis
Bitcoin monthly percentage returns. Source: CoinGlass

If history repeats itself, the reversal may continue in April, suggesting that BTC price may have bottomed at $60,000.

Bitcoin’s bullish monthly close is a ”catalyst for fresh inflows into early April,” Trader Caleb said, adding:

“April starts with momentum.”

Bitcoin has a well-established tendency for significant price swings in April.

Since 2013, April has been a green month for eight of the past 13 years, with average returns of about 12.2%

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However, Bitcoin also tends to move in the opposite direction to March in April, and this is true for nine out of the past 13 years. 

In recent years, Bitcoin dropped in April after closing March in green, three out of four times between 2021 and 2024. 

Therefore, while the end of past multi-month drawdowns suggests a rebound is due, data demonstrates that BTC price could also slide in April.

Watch these Bitcoin price levels next

Data from TradingView shows BTC price up 2.5% on the day to trade at $68,470 as the $69,000-$70,000 resistance remains in place.

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Analysts expect Bitcoin’s range-bound price action to continue for longer, with important price levels to look for in case of a breakout. 

These include the $70,000-$72,000 supply zone, coinciding with the 50-day simple moving average (SMA), the 50-day exponential moving average (EMA) and the 1w–1m cohort cost basis

This is also where investors acquired approximately 650,000 BTC, marking a potential point of sell pressure, according to the cost-basis distribution data from Glassnode.

Breaking above this level could see BTC/USD revisit the $76,000 range high and eventually the $80,000 psychological level.

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BTC/USD daily chart. Source: Cointelegraph/TradingView

Zooming out, trader Sheldon Diedericks said Bitcoin could “push into resistance” at $83,000 on the monthly time frame, a key support level from April 2025. The 200-day EMA is also close to this area.

BTC/USD monthly chart. Source: X/Sheldon Diedericks

On the downside, the 200-week EMA at $68,300 and the 200-week SMA at $59,400 remain key levels to watch. Below that, the next major level is Bitcoin’s realized price around $54,000.

As Cointelegraph reported, Bitcoin’s bear market bottom could be formed once BTC price drops toward or below its realized price.