JPMorgan, Ripple, Mastercard, and Ondo Finance have completed a pilot transaction transferring tokenized U.S. Treasurys across borders using both the XRP Ledger blockchain and traditional banking infrastructure. Ripple announced the pilot on X (formerly Twitter) on Wednesday, stating that the transa

In early May 2026, XRP completed a widely watched structural breakout on the daily chart: the confirmation of a cup and handle pattern. This pattern is often seen as a bullish continuation signal, theoretically indicating about 17% upside potential, with a target around $1.81. However, optimistic technical signals are presenting a narrative that is completely different from on-chain data. Glassnode's data shows that approximately 1.57 billion XRP tokens have a cost basis concentrated between $1.41 and $1.42, forming a dense supply wall that just sits between the current price and the breakout target. The tug-of-war between technical signals and on-chain data, combined with marginal changes in institutional fund flows and macro policy uncertainties, places XRP at a critical juncture where multiple signals intersect. Multiple Technical Signals XRP has built a textbook pattern over the past two months