XRP officially collaborates with BlackRock but encounters a 6% big dump; while retail investors panic, institutions quietly enter the market?

Amidst the fluctuations in the Crypto Assets market, Ripple (XRP) experienced a significant fall on September 26, with its price dropping to $2.75, a decline of 6.35%. However, on the same day, Ripple announced a major partnership with the world's largest asset management company BlackRock (, a seemingly contradictory situation that has sparked widespread discussion in the market. What exactly caused the decline in XRP's price? What prospects will the BlackRock partnership bring to XRP?

) XRP fall behind: Market closely watching PCE inflation data

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(Source: CoinGecko)

On September 26, the price of XRP fell from $2.94 to $2.75, a drop of over 6%, following the overall market trend. The S&P 500 Index and the Nasdaq Index both fell by 0.5% that day, reflecting a broad market cautious sentiment.

Financial analysts point out: “The market is currently preparing for the personal consumption expenditure )PCE( inflation data to be released later on September 26, which is one of the inflation indicators that the Federal Reserve is most concerned about. Investors are worried that the data may affect the future interest rate cut path, and therefore are reducing their holdings of risk assets, including Crypto Assets.”

Many investors initially expected the Federal Reserve to implement a larger rate cut last week rather than just the 0.25% that occurred. This unmet expectation led to many leveraged positions being forced to close, further exacerbating market fluctuations. The interest rate environment is crucial for the crypto assets market, as lower rates typically reduce the returns on safe assets like bonds, making high-risk investments like XRP more attractive to investors.

Crypto assets analysts state: “The fall of XRP is mainly driven by macroeconomic factors, rather than changes in the fundamentals of the project itself. Friday's PCE data will be a key factor influencing the market direction in the short term.”

) XRP Market Data Overview

Current Price: 2.75 USD

Daily fall: -6.35% (-0.19 USD)

Market Cap: $164 billion

Daily trading range: 2.74 USD - 2.94 USD

52 week price range: 0.49 USD - 3.65 USD

Trading Volume: 8.95 billion USD

Ripple has reached a strategic partnership with BlackRock and VanEck: RLUSD becomes a tokenized financial hub

On the same day that the XRP price fell, Ripple announced a major piece of news: a strategic partnership with the world's largest asset management company BlackRock ### and VanEck, placing its stablecoin RLUSD at the core of tokenized finance. This news was released through Ripple's official X account, marking Ripple's official entry into the institutional asset tokenization space.

Blockchain expert Zhang Wei explained: “The core of this collaboration is to directly connect Ripple to the tokenized version of institutional funds, laying the groundwork for deeper integration of the XRP ledger with major asset management companies. This is an important step for Ripple's transformation from a pure payment solution to a broader financial infrastructure provider.”

( Ripple and Securitize's Key Partnership

Ripple has confirmed its collaboration with Securitize, the world's largest tokenization platform, to bring instant liquidity to institutional assets provided to BlackRock and VanEck. Through this agreement, holders of BlackRock's ) and VanEck's ### can instantly convert their fund shares into RLUSD, thereby retaining on-chain yields and achieving instant redemption around the clock.

Ripple's stablecoin Senior Vice President Jack McDonald stated: “As we continue to bridge the gap between traditional finance and Crypto Assets, making RLUSD a redemption option for tokenized funds is a natural next step.”

Financial technology advisor Chen Ming analyzed: “The significance of this cooperation is profound. Ripple has successfully established a foothold in the institutional market by linking RLUSD to tokenized funds. RLUSD is now linked not only to BlackRock's BUIDL fund but also to VanEck's VBILL fund, which directly connects Ripple's stablecoin ecosystem with the products of two major global asset management companies.”

$BUIDL BlackRock and Ripple: From Speculation to Reality

For months, the market has been speculating about a possible collaboration between Ripple and BlackRock. Many industry insiders have connected Ripple's cross-border settlement technology with BlackRock's tokenization vision, especially considering that BlackRock is currently working on tokenizing $2 trillion worth of assets on the blockchain.

BlackRock launched its first tokenized fund BUIDL (BlackRock US Dollar Institutional Digital Liquidity Fund) in March 2024 through Securitize's infrastructure. Securitize serves as the tokenization platform for BlackRock funds, responsible for issuing digital tokens that represent ownership of underlying real-world assets.

Crypto Assets researcher Zhao Ming pointed out: “This cooperation can be seen as an important step, which may eventually pave the way for the linkage between XRP itself and BlackRock's tokenization efforts. This not only enhances the utility of RLUSD but also strengthens the influence of the XRP ledger in the field of Real World Asset (RWA) quantification.”

Since its launch, the adoption rate of RLUSD has steadily grown, with a market capitalization reaching approximately 742 million USD. The collaboration with Securitize, along with the indirect partnerships with BlackRock and VanEck through Securitize, has further expanded the influence of the XRP ecosystem in the institutional financial sector.

$VBILL XRP Investment Outlook: Bank Adoption Does Not Equal Price Increase?

Despite Ripple's significant progress in institutional partnerships, some analysts remain cautious about the investment prospects of XRP. In a crypto market flooded with meme coins, XRP's practicality in simplifying payments and settlements between financial institutions is indeed prominent, but whether this practicality can directly translate into a rise in XRP's price remains a topic of debate.

Financial advisor Lin Qiang stated: “Investors often misunderstand some of the basic dynamics of XRP. Many institutions using the Ripple blockchain may be utilizing its technology through XRP, or may not be using the XRP token itself at all. There is no necessary positive correlation between the adoption of Ripple technology and the price of XRP.”

Considering XRP's current market value of $164 billion, some analysts believe its valuation may be exaggerated. “Bitcoin and Ethereum may be more robust long-term investment options,” Lin Qiang added. “However, the collaboration between Ripple and BlackRock has indeed brought a new dimension of development to the XRP ecosystem, which may provide support for XRP in the medium to long term.”

How should investors respond?

In the face of the simultaneous decline in XRP prices and significant collaborations by Ripple, how should investors formulate their strategies?

Crypto Assets investment advisor Wang Wei suggested: “In the short term, investors should pay attention to Friday's PCE inflation data, which could have a significant impact on the entire crypto market. In the medium to long term, the collaboration between Ripple and BlackRock, VanEck indeed adds substantial value to the XRP ecosystem, but this value takes time to reflect in the price.”

“For investors who already hold XRP, now may not be the time for panic selling. Instead, this could be a good time to reassess investment strategies,” Wang Wei added. “For investors who have not yet entered the market, consider building positions in batches and closely monitor further developments of Ripple's collaborations with institutions.”

With the rapid development of tokenized finance, Ripple's strategic layout in this field may bring new growth momentum to XRP. However, investors should remain rational and recognize the complex relationship between technology adoption and token prices, avoiding blind chasing of highs or panic selling.