Ripple (XRP) News Today: October 26

XRP is above BNB after a significant weekly increase.

Ripple ultimately closed the Hidden Road deal, which became big news at the end of this week because the prime broker is now going under a different name.

This and more interesting news from the past week will be described in the next article.

Hidden Road and other big ripple deals

Although the $1.25 billion purchase of Hidden Road was initially announced in April, the factual conclusion was highlighted Friday. In a statement about X, the Brad Garlinghouse-led company noted that the brokerage platform will now be known as Ripple Prime.

This means the company is now the first in the crypto industry to “own and operate a global, multi-asset prime broker, bringing the promise of digital assets at scale to institutional clients.”

Teuncrium’s CEO has addressed the issue, indicates that Ripple is “building the new Wall Street with XRP and Hidden Road.”

Garlinghouse went to X to highlight the company’s five big moves since 2023. Despite the ongoing pressure from the SEC lawsuit at the time, Ripple made two major acquisitions in 2023 and 2024: namely the acquisitions of Metaco (a Swiss-based crypto custody provider) and Standard Custody & Trust Company, a regulated platform for enterprise-level cryptocurrencies.

2025 became an even more impactful year for Ripple, as in addition to Hidden Road, it also announced deals to acquire Rail for $200 million and GTreasury for $1 billion.

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Additionally, Evennorth Holdings, a newly formed Nevada company, launched a business combination agreement with Armada Acquisition Corp II to enable institutional adoption of Ripple’s XRP.

XRP Back to 4th

In line with Ripple’s aforementioned announcements, the project’s native token is about to close with a substantial weekly gain of 11.5% that has pushed the price to a multi-week high of $2.65. This has caused its market capitalization to rise to almost $159 billion, making XRP the fourth largest cryptocurrency by surpassing BNB.

What’s particularly interesting about this price increase is that it comes at a time when whales have seemingly taken profits off the table with significant sell-offs. Popular meme coin and futures trader James Wynn, on the other hand, said he was joining the XRP army with a significant investment. Wynn noted that he “went down the rabbit hole of XRP” and determined that it would “revolutionize banking systems.”

Popular analyst Ali Martinez picked up on today’s price movement of XRP and outlined the next critical resistance on the way to $3.00. He also brought out the first line of defense in case this rally turned into another fake.

Two key levels for $XRP:

– Support for $2.15
– Resistance at $2.80 pic.twitter.com/HbfNSNGZFs

— Ali (@ali_charts) October 26, 2025