XRP Ledger Launches 'Members-Only' Exchange For Banks, But XRP Can't Break $1.50

Core Insights - XRP Ledger (XRPL) is shifting towards building infrastructure that meets the operational and compliance needs of traditional financial institutions, moving away from its previous fully open DeFi model [1][2][3] Group 1: XRPL Developments - XRPL has activated the XLS-85 Token Escrow feature, which extends native escrow functionality to all trustline-based tokens, including stablecoins and tokenized real-world assets, targeting banks and brokers [2] - The XLS-81 "Permissioned DEX" amendment has been activated, allowing for gated trading venues specifically for regulated institutions [3] Group 2: Market Performance - XRP is currently struggling to regain momentum, with a bearish trend indicated by resistance zones between $1.60-$1.65, $1.85-$1.90, and $2.10-$2.15, with a significant descending trendline from $3.70 adding resistance [4] - XRP has only consolidated about 20% above its recent low, and a daily close below $1.40 could signal further declines towards the psychological $1.00 level [5]