TLDR: XRP price trades near $1.34 while analyst Ali Martinez identifies $1.31-$1.35 support, $1.38 confirmation, and a $1.60 breakout target. RippleX Head of Product Jazzi Cooper calls XRP co
XRP price trades near $1.34 as an institutional-credit narrative meets an unresolved technical setup. RippleX Head of Product Jazzi Cooper calls XRP collateral for institutional credit a “killer use case.” Her comment links the asset to lending and collateral workflows beyond cross-border payments.
However, XLS-65 and XLS-66 have not been activated on the XRP Ledger mainnet. Both amendments still require validator approval before institutions can use their native functions.
Market attention now splits between that pending infrastructure and a short-term price test. XRP sits inside $1.31-$1.35 support, while $1.38 marks the analyst’s breakout confirmation. A successful break would place $1.60 in focus.
Cooper made the statement while responding to discussion about institutions accessing credit without selling XRP. Her view presents XRP collateral as potential working capital rather than dormant treasury inventory.
NEW: Ripple REVEALS $3.1 TRILLION $XRP COLLATERAL Opportunity for Institutions — Evernorth CONFIRMED It Plans to Use It
Ripple just highlighted $XRP as COLLATERAL for institutional CREDIT — meaning institutions could potentially put their $XRP to work to ACCESS CREDIT… https://t.co/7MIgWsuprqpic.twitter.com/UlLEN85vLT
— Diana (@InvestWithD) September 13, 2026
Ripple’s lending design supports that broader goal, although its present mechanics require careful distinction. XLS-65 defines Single Asset Vaults that pool one asset and issue ownership shares. XLS-66 defines fixed-term loans, interest, repayment schedules, fees, and defaults at the protocol layer.
The current XRPL lending design does not automate collateral or liquidations onchain. Official documentation describes its loans as uncollateralized, with underwriting and risk management handled off-chain. Institutions can structure separate collateral agreements, but XLS-66 does not itself lock XRP against a loan.
Both base amendments are available in XRPL software but are not active on mainnet. They must secure a validator supermajority for at least two consecutive weeks. LendingProtocolV1_1 is also in development, adding closed-ended vaults and cash-basis accounting.
This means XRP price has no verified mainnet lending-volume catalyst from these features today.
Evernorth has publicly stated its intent to use XLS-66 as a core treasury tool. Its SEC-filed communication describes the plan as conditional and warns that approval, operation, and projected yields are not guaranteed.
Clearpool also labels its XRPL product “coming soon.” Its website reports about $965 million in loans originated across seven existing networks. Those records demonstrate experience, not $1.8 billion of live XRPL loans.
RLUSD supplies another possible lending asset, with market capitalization near $2.42 billion. Clearpool’s planned XRPL product specifically advertises real-world yield using RLUSD and native credit primitives. That plan does not establish current XRP collateral demand.
Social posts also compare the opportunity with trillions of dollars in securities lending. S&P Global reports August average balances of $4.2 trillion, above the older $3.1 trillion figure. Neither measure represents capital committed to XRP or XRPL lending.
Mainnet lending data cannot link these unactivated features to XRP price performance. XRP collateral adoption would require published eligibility rules, haircuts, custody terms, and default procedures from participating institutions. Mainnet also has no funded lending vaults or completed loans under XLS-66 today.
XRP price now tests the $1.31-$1.35 support zone identified by Ali Martinez. Trading near $1.34 places XRP inside that band, leaving the short-term structure without breakout confirmation.
XRP BREAKOUT INCOMING!?
As long as $XRP holds the $1.31–$1.35 support zone, I’m watching for price to push toward the triangle’s apex.
The key confirmation comes at $1.38.
A decisive break above that resistance could trigger the bullish breakout and open the door to $1.60. https://t.co/LZseuFLh3Cpic.twitter.com/16C0QcpVao
— Ali Charts (@alicharts) September 13, 2026
Martinez identifies $1.38 as the decisive resistance level. A clean move above it could complete the triangle breakout and open a path toward $1.60. Until then, the setup reflects a conditional target rather than a confirmed advance.
A separate weekly analysis places $1.55 as the larger resistance test. Crypto Patel says a weekly close above that level could expose $2, followed by the prior $3.66 high. Failure to reclaim $1.55 could instead return attention to the $0.70-$0.95 demand area.
The institutional-credit narrative does not alter those confirmation levels. XRP price still depends on holding support, breaking resistance, and attracting sustained spot demand. XRPL lending also requires validator approval before usage data can show whether institutions adopt the proposed rails.
The post XRP Price Nears Breakout as XRPL Lending Plans Gain Traction appeared first on Blockonomi.
