At 1 a.m., the living room is lit only by the screen. Doudou lies beside the router, daydreaming. I’m thinking about one thing: the SEC has picked up the crypto custody rules again—not just to patch loopholes, but really to invite big money to the table.
This also has something to do with $XRP .
Once the custody rules become clearer, the first assets that institutions will dare to touch are still those “old-timers” holdings.
And on top of that, RLUSD’s market cap has already reached 2 billion, and the stablecoin issuance on the XRP Ledger is also nearing 1 billion. This chain hasn’t been short on stories lately—it’s starting to fill real financial use cases.
But I still need to pour in a bit of cold water.
Right now, $XRP spot is still around 1.4102, and it’s down on the 24h chart, yet the contract volume is 7 times the spot volume.
Looking at this kind of market tires me out. It shows that many people aren’t here to accumulate slowly—they’re here to bet on volatility.
Honestly, clearer rules are a net positive for it. I’m not bearish.
But from this position, I don’t want to chase either. Long and short are jammed together—one stray needle can easily shatter the mood 😅
My stance is very clear: bullish leaning, but I’ll wait and observe, and only get involved once it moves a bit more smoothly.
You can keep getting excited. I’ll keep my hands in my pockets for now.
If you lose, don’t tag me. If you win, treat me to a cup of coffee.$XRP #XRP
This also has something to do with $XRP .
Once the custody rules become clearer, the first assets that institutions will dare to touch are still those “old-timers” holdings.
And on top of that, RLUSD’s market cap has already reached 2 billion, and the stablecoin issuance on the XRP Ledger is also nearing 1 billion. This chain hasn’t been short on stories lately—it’s starting to fill real financial use cases.
But I still need to pour in a bit of cold water.
Right now, $XRP spot is still around 1.4102, and it’s down on the 24h chart, yet the contract volume is 7 times the spot volume.
Looking at this kind of market tires me out. It shows that many people aren’t here to accumulate slowly—they’re here to bet on volatility.
Honestly, clearer rules are a net positive for it. I’m not bearish.
But from this position, I don’t want to chase either. Long and short are jammed together—one stray needle can easily shatter the mood 😅
My stance is very clear: bullish leaning, but I’ll wait and observe, and only get involved once it moves a bit more smoothly.
You can keep getting excited. I’ll keep my hands in my pockets for now.
If you lose, don’t tag me. If you win, treat me to a cup of coffee.$XRP #XRP