XRP Eyes $1.40 Breakthrough as Ripple Draws BlackRock and IMF to New York

The XRP token is targeting a price breakout to the $1.40 mark as Ripple gathers representatives of BlackRock and the International Monetary Fund (IMF) in New York for its annual Swell 2026 conference. The event, starting on October 27, this time combines keynote sessions with the Apex blockchain program for developers. Against this backdrop, the industry is trying to understand whether the XRP Ledger (XRPL) infrastructure is transforming into a single standard for institutional capital and whether the visit of Wall Street heavyweights will become the main market catalyst. The presence of leaders of the global financial system coincided with a sharp influx of regulated investment into the ecosystem. Clients of Franklin Templeton recently bought XRP ETF shares worth $3.55 million, which pushed the token out of a months-long consolidation.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to U.Today.