https://coinpedia.org/crypto-live-news/ripple-expands-dubai-presence-with-new-mea-headquarters/amp/
Ripple Prime, the institutional arm of Ripple Labs, has reached a significant milestone by processing $3 trillion annually. This achievement highlights the growing institutional adoption of Ripple’s services. The division, which was formed following Ripple Labs’ acquisition of Hidden Road in 2025, services over 300 institutional clients, including hedge funds and banks. Despite this impressive volume, the transactions largely utilize Ripple’s RLUSD stablecoin, leaving the direct impact on XRP demand relatively limited.
The development marks Ripple’s continued expansion into the institutional finance sector. While the processing volume is substantial, the use of RLUSD rather than XRP may not directly influence the token’s market price. However, the scale of operations could indirectly boost confidence in Ripple’s ecosystem, potentially affecting market sentiment towards XRP.
Current market activity reflects a mixed outlook for XRP. Markets appear to be evaluating the potential impact of Ripple Prime’s growth on XRP’s price. The likelihood of XRP reaching various price targets in July remains varied, with significant activity observed around the $1.20 mark, where a 64% probability of reaching this target is noted, suggesting some optimism.
