Ripple’s XRP Soars on Institutional Momentum: $601M Transfer Fuels Belief in Amazon & Uber Adoption

A significant $601 million XRP transaction has sparked renewed institutional interest in the cryptocurrency, signaling a shift towards its role as a crucial part of global finance. This massive transfer, representing 200 million XRP, follows on from recent SEC approval for XRP and suggests growing confidence in Ripple’s payment infrastructure. Analysis indicates that this move is likely driven by increased On-Demand Liquidity (ODL) flows following the SEC’s green light. Analysts believe this development could reshape global liquidity as institutions increasingly rely on ODL to facilitate faster, cost-effective cross-border payments.