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Ripple Integrates Hyperliquid, Bridging DeFi with Traditional Finance

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Crypto Breaking News

Ripple has announced the inclusion of Hyperliquid on its multi-asset prime brokerage platform, marking the first integration of decentralized finance (DeFi) into its services. This move enables institutional clients to tap into on-chain derivatives liquidity while managing their DeFi exposures alongside traditional assets. By integrating DeFi into its platform, Ripple aims to bridge the gap between traditional finance and decentralized markets.

Ripple Prime now supports Hyperliquid as its first DeFi venue, offering access to advanced trading infrastructure. With this integration, clients will be able to cross-margin their DeFi exposures with all other asset classes supported by the platform. The service promises to offer institutions centralized risk management, a single counterparty relationship, and consolidated margin across portfolios.

This strategic move positions Ripple to strengthen its offerings for institutional clients by enhancing access to decentralized markets. The inclusion of Hyperliquid allows Ripple Prime’s clients to benefit from faster on-chain liquidity and greater trading efficiency. According to Ripple Prime CEO Michael Higgins, the integration helps address the growing demand for decentralized finance, providing clients with scalable access while maintaining capital efficiency.

Ripple’s Mission to Integrate DeFi and Traditional Finance

Ripple’s expansion into DeFi is part of its broader mission to merge traditional finance (TradFi) with decentralized finance. The firm aims to offer institutions a unified framework that combines both asset classes into a single, efficient platform. Through this integration, Ripple Prime hopes to enhance liquidity access and foster further innovation in institutional crypto trading.

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In the release, Ripple highlighted that the inclusion of Hyperliquid will support institutions as they scale their DeFi operations. The crypto firm noted that clients will benefit from improved capital efficiency and a robust risk management system, while enjoying access to on-chain liquidity. This development could pave the way for more institutional players to enter the DeFi space, signaling the growing influence of decentralized markets in mainstream finance.

Ripple’s initiative is seen as a significant step forward in the institutional adoption of DeFi. By offering clients integrated access to both traditional and decentralized markets, Ripple is positioning itself as a key player in the evolving crypto trading landscape. The move is expected to attract greater institutional participation and further blur the lines between traditional finance and decentralized finance.

Impact on XRP and Hyperliquid (HYPE)

Ripple’s move is set to have significant implications for both XRP and the Hyperliquid (HYPE) token. With the integration, XRP is expected to gain more institutional interest, particularly in the form of perpetual trading and spot pairs. This increased liquidity could drive up demand for XRP and create additional trading opportunities for Ripple’s institutional clients.

The Hyperliquid platform, now linked with Ripple Prime, stands to benefit from increased exposure and trading volume. As more institutions engage with the platform, trading fees will likely rise, providing more liquidity to Hyperliquid. This increase in activity may result in more buybacks of the HYPE token, further supporting its value.

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By expanding its offerings and securing greater access to DeFi markets, Ripple is positioning itself to become a significant player in the crypto institutional space. The integration of Hyperliquid into Ripple Prime is seen as a win for both the Ripple ecosystem and the broader DeFi market.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Crypto World

Solana Price Charts Are Hinting at a Potential Rally Toward $110 Next

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Solana Price Charts Are Hinting at a Potential Rally Toward $110 Next

Solana’s SOL (SOL) has rallied 10% over the past 24 hours, rising to an intraday high of $86 on Wednesday.

The recovery was accompanied by a leap in futures activity, with SOL’s open interest rising by more than 5% to $5.27 billion.

Analysts are now focusing on the short-term technical setup and fundamental indicators that may signal a major turning point for SOL.

Key takeaways:

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  • SOL price has risen 10% in 24 hours, fueled by bullishness in the broader market and Solana ETF inflows.

  • Solana’s symmetrical triangle breakout targets $110 SOL price.

SOL recovers with the crypto market

The SOL/USD pair rose as much as 13.6% to $86 on Wednesday from a two-week low of $75 on Tuesday, amid a marketwide recovery.

Bitcoin (BTC), the market leader, was trading at $66,800 at the time of writing, up 5% over the 24 hours. Second-placed Ether (ETH) has gained about 8% on the day to trade just above $1,990. XRP (XRP) has also posted significant daily gains among the top 10 cryptocurrencies, up 6% over the same period.

As a result, the global crypto market capitalization is up 4% on the day to $2.28 trillion on Wednesday.

Performance of top-cap cryptocurrencies: Source: CoinMarketCap

Solana’s surge today is accompanied by significant short liquidations totaling $15.4 million over the last 24 hours, signaling intense demand-side pressure.

The buyers were also US-based spot Solana ETFs, which have recorded $40 million in net inflows since Feb. 9.

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Spot Solana ETFs flows table. Source: Farside Investors

The growing demand-side pressure that could push SOL prices higher when coupled with increased inflows from global Solana investment products and buying by whales.

Cryptocurrencies, Markets, Price Analysis, Tech Analysis, Market Analysis, Altcoin Watch, Solana, ETF
Source: Lookonchain

SOL’s symmetrical triangle breakout targets $110

Data from TradingView shows SOL price breaking above a symmetrical triangle on the six-hour time frame, as shown in the chart below.

The price needs to close above the 100-day simple moving average (SMA) at $86 to sustain the upward momentum.

The measured target of the prevailing pattern, calculated by adding the height of the triangle to the breakout point, is $110, coinciding with the 50-day SMA. This represents a 28.5% rally from the current levels. 

SOL/USD 6-H chart. Source: Cointelegraph/TradingView

As Cointelegraph reported, a daily candlestick close above the 20-day EMA, currently at $88, would open the way for a rise toward $95 and later to $117. 

Glassnode’s realized price distribution data for Solana shows limited historical buying activity above $85, suggesting that the bulls could easily break this resistance.

In other words, there are relatively few SOL holders with a cost basis above this zone, reducing the chances of sellers stepping in decisively until the price reaches higher supply zones. 

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The next significant resistance sits at $115, where approximately 22 million SOL were previously acquired.

SOL: UTXO realized price distribution (URPD). Source: Glassnode