Ripple is accelerating its push into institutional crypto services by expanding its custody platform to include Ethereum and Solana staking. The move highlights the firm’s growing multi-chain strategy and comes as market participants closely watch how ecosystem developments could influence XRP’s price trajectory.
Ripple Expands Institutional Custody to Multi-Chain Staking
In a recent press release, Ripple also announced a strategic partnership with Figment and Securosys to deliver staking capabilities directly to custody clients. The collaboration is designed to expand its institutional product suite. Interestingly, it enables regulated enterprises, banks, and custodians to offer staking services on proof-of-stake networks, including Ethereum and Solana, without building validator infrastructure or sacrificing operational control.
The partnership significantly lowers the technical and operational barrier for institutions looking to enter staking markets. Instead of managing complex validator operations, institutions can integrate staking through Ripple’s infrastructure while maintaining compliance and security standards.
Meanwhile, this development comes shortly after the firm announced support for Hyperliquid on its Prime brokerage platform, marking its first integration with a DeFi trading venue. The Hyperliquid integration is expected to enable institutional access to on-chain derivatives liquidity, further expanding Ripple’s presence across both centralized and decentralized institutional crypto markets.
Commenting on the collaboration, Figment’s Head of Partnerships and Corporate Development, Ben Spiegelman, described the partnership as a major step forward for institutional staking adoption, noting it creates a reliable pathway for institutions to offer staking rewards to customers across multiple blockchain ecosystems.
What This Means for Ripple’s Broader Ecosystem Strategy
Beyond immediate custody revenue, the expansion strengthens Ripple’s long-term ecosystem positioning. By supporting multiple high-demand blockchain networks, Ripple is signaling its intent to compete directly with major institutional crypto infrastructure providers rather than operate solely as an XRP-focused payments company.
Meanwhile, it is also worth noting that this strategic partnership comes ahead of the highly anticipated XRP Community Day, an event widely seen as a platform to discuss XRP’s real-world utility, ecosystem growth, and long-term trajectory. This year’s event is scheduled for February 11 and 12, with expected speakers including Ripple CEO Brad Garlinghouse, Ripple CTO David Schwartz, President Monica Long, Chief Legal Officer Stuart Alderoty, and several ecosystem partners.
The timing of the partnership announcement has fueled speculation that Ripple could unveil additional institutional or ecosystem developments during the event, further strengthening market interest around XRP and Ripple’s broader technology stack.
XRP Price Action and Market Predictions
Following the announcement, XRP experienced a brief uptrend, reflecting improving short-term market sentiment. According to CoinMarketCap, XRP has surged by roughly 1.4% over the past 24 hours, trading around the $1.45 mark at the time of writing.
Interestingly, a market expert identified as StefanB recently speculated in an X post that XRP could surge toward $2.25 if bullish momentum continues to build.
Similarly, another analyst known as STEPH IS CRYPTO suggested that XRP has entered an oversold region, potentially setting the stage for a bullish reversal. These perspectives indicate that some analysts are becoming increasingly optimistic about XRP’s short-term trajectory.
Looking further ahead, long-term projections also remain bullish among some institutional analysts. A Standard Chartered analyst has previously predicted that XRP could climb to $8 during the 2026 market cycle, assuming broader crypto adoption and continued regulatory clarity.
Evans Kelvin
Temitope Olajide
The CoinRemark Team
