Banks Shift Deposits to Distributed Ledgers, XRP Benefits

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 4 days ago

XRP+0.414%

CAT-0.07%

XLM-2.451%

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DTCC Pilot Program: DTCC is set to launch a closed testnet in July for tokenizing $114 trillion in U.S. stocks and Treasury bonds, showcasing the potential of digital assets and possibly reshaping the financial market infrastructure.
Stellar Secures Contract: DTCC has selected Stellar as the first public blockchain to connect to its tokenized securities settlement platform, marking the first instance of DTC-custodied securities operating on a public chain, which enhances market transparency and efficiency by covering Russell 1000 stocks and major ETFs.
Role of XRP: A 2025 DTCC patent explicitly positions XRP as a high-throughput tool for cross-border settlements, while Stellar focuses on low-cost transactions and stablecoin integration, establishing a framework for their complementary roles in managing digital liquidity tokens.
Market Reaction: The community's response has been enthusiastic, with XRP supporters emphasizing the importance of utility and fundamentals, indicating a strong market expectation for the application of digital assets within the traditional financial system, especially as regulatory frameworks continue to evolve.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.824	0.917	1	1.092	1.175	1.267	1.35
Fibonacci	0.917	0.984	1.025	1.092	1.159	1.2	1.267

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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