NEW YORK, Feb 10, 2026, 13:38 EST — Regular session
- XRP slipped roughly 1.7% in the last 24 hours, trading near $1.42
- Ripple revealed new custody partnerships that bring enhanced security hardware and staking capabilities to institutional clients
- Traders are closely monitoring Ripple’s XRP Community Day event scheduled for February 11–12
XRP slipped around 1.7% on Tuesday, hovering near $1.42 amid a volatile crypto market. Over the past day, it fluctuated between $1.40 and $1.46, pulling in about $2.6 billion in trading volume, according to CoinMarketCap. (CoinMarketCap)
Ripple, which incorporates XRP in parts of its payments and custody services, is sharpening its pitch to banks and regulated firms. On Monday, the company announced it’s adding hardware security modules—devices that safeguard cryptographic keys—and staking tools through partnerships with Securosys and Figment. “Institutions require absolute confidence in how cryptographic keys are secured and managed,” said Securosys CEO Robert Rogenmoser in the release. (Business Wire)
The timing is crucial since XRP has been volatile, even for crypto. According to CoinGecko, XRP is down about 11.5% over the past week, bouncing between roughly $1.22 and $1.57. That stretch included a sharp 21% spike in a single day on Saturday. (CoinGecko)
Bitcoin hovered just below $70,000 on Tuesday, with sentiment remaining shaky. Michael Saylor, strategy executive chair, told CNBC his firm has no plans to sell bitcoin and intends to keep buying “every quarter” indefinitely. Meanwhile, Galaxy Digital’s trading specialist Beimnet Abebe warned of a “pretty bad setup for risk,” questioning, “Who’s going to want to buy crypto when they’re worried about the Nasdaq?” (Investopedia)
Signs suggest selling pressure on XRP isn’t fully gone yet. On Feb. 9, Glassnode noted that XRP “lost its aggregate holder cost basis, triggering panic selling.” Their Spent Output Profit Ratio (SOPR), which tracks if coins moved on-chain are sold at a profit, dropped to around 0.96—below the break-even point of 1. (TradingView)
Regulation continues to hang over the market, even following the court battle. In August, the U.S. Securities and Exchange Commission closed its case against Ripple, maintaining a $125 million fine and an injunction on Ripple’s institutional XRP sales, after both parties withdrew their appeals. (Reuters)
Institutional access has expanded since that time, despite the token’s ongoing volatility. Bitwise introduced a spot XRP exchange-traded fund on the NYSE in late 2025, allowing investors to gain exposure via a brokerage account instead of holding the token directly. (Bitwise Investments)
Custody and product updates don’t always spark immediate buying of the token. When markets turn risk-averse, XRP usually moves alongside the broader crypto sector—quick, reactive to headlines, and often tracking bitcoin’s swings.
Ripple’s XRP Community Day, scheduled for Feb. 11 and Feb. 12, will feature live X Spaces sessions with Q&As involving executives and updates on the ecosystem. Traders are keen to catch any firm timelines — and just as interested in what might be left unmentioned. (Ripple)
