XRP traded at $1.44 on Monday, marking a 0.3% decline. The digital asset has retreated approximately 12% over the past week, according to market data from CoinGecko, with intraday movement between $1.38 and $1.46.
Ripple Advances Institutional Infrastructure
Ripple has entered into agreements with Swiss security firm Securosys and staking platform Figment to enhance its Ripple Custody offering. The expanded service now provides support for staking on proof-of-stake networks, including Ethereum and Solana, targeting banks and regulated financial institutions. "Institutions require absolute confidence in how cryptographic keys are secured and managed," stated Securosys CEO Robert Rogenmoser.
This infrastructure push comes as market risk appetite has softened. Ripple's focus on enterprise-grade solutions, rather than retail-facing developments, is seen as a strategic move to build long-term institutional adoption.
Divergent Fund Flows and Regulatory Closure
Investment flow data presented a mixed picture. While digital asset investment products overall experienced net outflows of $187 million last week, products linked to XRP attracted $63.1 million in inflows, the highest among major alternative cryptocurrencies. CoinShares Head of Research James Butterfill noted that a deceleration in flows can historically signal a potential market inflection point.
On the regulatory front, the U.S. Securities and Exchange Commission concluded its lawsuit against Ripple in August. The settlement included a $125 million civil penalty, with both parties withdrawing their appeals.
Market Awaits Key Inflation Data
Traders are now turning their attention to macroeconomic indicators, specifically the January Consumer Price Index report scheduled for release on Friday. The data could influence the Federal Reserve's policy outlook and subsequently impact risk-sensitive assets like cryptocurrencies.
While the custody developments bolster Ripple's institutional framework, they do not directly generate new demand for the XRP token itself. The broader crypto market remains susceptible to shifts in liquidity and investor sentiment, with altcoins often experiencing heightened volatility during downturns.
