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- XRP surged to $2.56 despite whale sell-offs, driven by Ripple’s $1.25B Hidden Road acquisition.
- Analysts eye $3 target as Ripple Prime launch boosts institutional appeal amid softer US inflation data.
Ripple’s XRP has recorded a 5% jump to reach an 11-day peak of $2.56, outperforming the broader cryptocurrency market, which has remained largely stagnant. At the time of writing, the cryptocurrency was trading slightly lower at $2.54, still maintaining its gains.
This upward trend has appeared even though major investors are selling large amounts of XRP. According to analyst Ali Martinez, whales sold around 70 million XRP in just two days, which usually pushes the price down. However, its strength seems to be linked to the recent corporate development of its parent company.
Ripple has confirmed that it has completed the purchase of the prime brokerage platform Hidden Road for $1.25 billion. Ripple rebranded the acquired company as “Ripple Prime,” becoming the first cryptocurrency company to “own and operate a global, multi-asset prime broker.”
XRP Surges as Ripple Finalizes $1.25B Buyout
This acquisition will give Ripple access to a platform that offers clearing, derivatives, digital asset, and financing services across the foreign exchange (FX), fixed income, and swap markets.
Ripple said that through Ripple Prime, its goal is to expand the institutional use of digital assets around the world. The company explained that its digital asset system now includes payments, crypto custody, stablecoins, and the use of XRP, all designed to support operations under Ripple Prime. The company added,
Ripple’s foundational digital asset infrastructure across payments, crypto custody and stablecoin, as well as the use of XRP, will complement the services offered within Ripple Prime. Ripple Prime will look to leverage blockchain capabilities in its business to streamline operations and optimize costs.
Introducing Ripple Prime: We’re pleased to share that our acquisition of Hidden Road is officially complete, making Ripple the first crypto company to own and operate a global, multi-asset prime broker – bringing the promise of digital assets to institutional customers at scale.…
— Ripple (@Ripple) October 24, 2025
Industry analysts believe this move could directly boost institutional demand for XRP, potentially shifting the supply-demand ratio in favor of the token.
Inflation Report Triggers Investor Optimism
Market analysts say the recent US inflation report also helped boost the token’s price. The September Consumer Price Index (CPI) came in lower than expected, leading to speculation that the Federal Reserve might ease its stance on interest rates. This sentiment usually benefits risk assets like major altcoins such as XRP.
Technically, XRP’s daily chart shows a recovery from this month’s low of $1.7775 to around $2.5. A small “inverse head and shoulders” pattern has formed, often seen as an early sign of a possible bullish move.
The token is also close to avoiding a “death cross,” which happens when short-term and long-term moving averages meet, a sign that usually shows weakness in the market.
If XRP manages to avoid a crossover, analysts believe its price could reach around $3. But if it drops below $2.2, that prediction might fail, and selling pressure could return.
