Ripple finally closed the Hidden Road deal, which became big news at the end of the week as the prime broker now goes under a different name.<\/p>\n
This and more interesting news from the past week or so will be detailed in the following article.<\/p>\n
Although the Hidden Road purchase, worth $1.25 billion, was initially announced in April, the actual conclusion was highlighted on Friday. In a statement<\/a> on X, the Brad Garlinghouse-led company noted that the brokerage platform will now be known as Ripple Prime.<\/p>\n This means that the company is now the first in the crypto industry to \u201cown and operate a global, multi-asset prime broker \u2013 bringing the promise of digital assets to institutional customers at scale.\u201d<\/p>\n Teuncrium\u2019s CEO weighed in on the matter, indicating<\/a> that Ripple is \u201cbuilding the new Wall Street with XRP and Hidden Road.\u201d<\/p>\n Garlinghouse took it to X to highlight<\/a> the company\u2019s five big moves since 2023. Despite the ongoing pressure from the SEC lawsuit at the time, Ripple made two significant purchases in 2023 and 2024: namely, the acquisitions of Metaco (a Swiss-based crypto custody provider) and Standard Custody & Trust Company, an enterprise-grade, regulated platform for cryptocurrencies.<\/p>\n 2025 became an even more impactful year for Ripple as, aside from Hidden Road, it also announced deals to acquire Rail for $200 million and GTreasury for $1 billion.<\/p>\n Additionally, Evennorth Holdings, a newly formed Nevada corporation, launched and entered<\/a> a business combination agreement with Armada Acquisition Corp II to enable institutional adoption of Ripple\u2019s XRP.<\/p>\n In line with the aforementioned announcements from Ripple, the project\u2019s native token is about to close with a substantial 11.5% weekly surge that has driven its price to a multi-week peak of $2.65. This has helped its market cap soar to almost $159 billion, which makes XRP the fourth-largest cryptocurrency by surpassing BNB.<\/p>\n What\u2019s particularly interesting about this price surge is that it comes at a time when whales have been seemingly taking profits off the table<\/a> with sizeable sell-offs. In contrast, the popular meme coin and futures trader going by the X handle James Wynn said<\/a> he was joining the XRP Army with a significant investment. Wynn noted that he went \u201cdown the rabbit hole of XRP\u201d and determined it could \u201crevolutionize the banking systems.\u201d<\/p>\n Popular analyst Ali Martinez picked up today\u2019s price move from XRP and outlined the next critical resistance on its way toward $3.00. He also brought up the first line of defense in case this rally is another fakeout.<\/p>\n Two key levels for $XRP<\/a>:<\/p>\n \u2013 Support at $2.15 \u2014 Ali (@ali_charts) October 26, 2025<\/a><\/p>\n\n The post Ripple (XRP) News Today: October 26<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ripple finally closed the Hidden Road deal, which became big news at the end of the week as the prime broker now goes under a different name. This and more interesting news from the past week or so will be detailed in the following article. Hidden Road and Other Big Ripple Deals Although the Hidden […]<\/p>\n","protected":false},"author":0,"featured_media":107845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-107844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107844"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=107844"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/107844\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/107845"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=107844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=107844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=107844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}XRP Back to 4th<\/h2>\n
\n\u2013 Resistance at $2.80 pic.twitter.com\/HbfNSNGZFs<\/a><\/p>\n