There is an interesting trend worth paying attention to. Two heavyweight institutions in the industry, BlackRock and Securitize, have recently expressed optimism about Ripple's layout in global asset tokenization. The logic behind this is quite clear—if Ripple's tokenization solution can truly be implemented on a larger scale, XRP as the core asset of its ecosystem will definitely garner increased attention. Of course, the tokenization track is still in the early exploration stage, and whether XRP can truly dominate the market depends on actual implementation progress. However, based on the statements from these two institutions, they indeed believe this is a direction worth betting on. Many people in the market are watching this trend closely, and it is worth continuing to observe.

Flare has launched the first XRP spot trading solution on Hyperliquid. By issuing FXRP and supporting the FXRP/USDC trading pair, it enables direct spot trading of XRP within the order book on the Hyperliquid chain. This solution is built on Flare's FAssets protocol system and LayerZero's cross-chain interoperability standard. After completing trades on Hyperliquid, users can bridge FXRP back to the XRP Ledger network. Through this exploration, Flare maintains the decentralized custody feature of assets on the native ecosystem (XRPL) while achieving organic cross-chain liquidity linkage. This design opens new possibilities for expanding trading depth in the XRP ecosystem—without relying on centralized intermediaries, yet utilizing Hyperliquid's high-performance order book to complete trades, forming a new cross-chain spot trading channel.

Ripple successfully obtained the National Trust Bank license, which is undoubtedly a major news for the XRP ecosystem. As a key player in the payments and clearing settlement sector, Ripple's acquisition of a traditional financial license signifies a higher level of regulatory approval for its business model, helping to promote the adoption of XRP at the institutional level. From a market perspective, this move reflects a gradual shift in the mainstream financial system's attitude towards crypto assets. Obtaining a traditional banking license typically provides support for the token value of related projects. Investors generally believe that a friendly regulatory environment often creates positive expectations for the long-term development of Web3 projects, and these expectations will eventually be reflected in market pricing.