BroadChain has learned that at 00:30 on April 23, according to CryptoNews, the nationally chartered U.S. bank SoFi Technologies announced on April 21 that its application now supports XRP deposits, enabling its 13.7 million users to directly trade XRP. This move places XRP alongside Bitcoin, Ethereum, and Solana as crypto assets that can be directly operated within this compliant banking application.
Ripple officially responded on social media, stating that this move will expand participation and enhance the utility of XRP. Meanwhile, XRP fundamentals are showing positive signals. Real-world asset (RWA) activity on the XRP Ledger has surged by 875%, and institutional interest in this asset class, including from BlackRock, is growing.
Technically, XRP is consolidating within the $1.30 to $1.50 range, with the 50-day moving average ($1.40) having turned into a support level, and the MACD showing its first bullish crossover in months. If the price clearly breaks above $1.57, it could open a path towards $2.80. However, with XRP's market capitalization already at $87.5 billion, significant capital inflows are required for further price appreciation.
Some traders seeking asymmetric opportunities are shifting their attention to earlier-stage infrastructure projects. For example, Bitcoin Hyper, as the first Bitcoin Layer 2 integrating the Solana Virtual Machine, has raised approximately $32.47 million in its presale. On the risk side, the key support level is at $1.30; a daily close below this level would invalidate the bullish structure.
Furthermore, regulatory uncertainty surrounding the U.S. CLARITY Act remains the biggest variable, and any adverse policy signals could rapidly compress the price range. SoFi's integration validates the institutional adoption narrative, but the market needs to assess whether this catalyst is already fully priced in at current levels.