XRP Ledger has activated the XLS-81 “Permissioned DEX” amendment enabling gated trading venues for regulated institutions, but XRP (CRYPTO: XRP) is still struggling to regain momentum.
The Members-Only Exchange
XLS-81 creates controlled versions of XRPL’s built-in decentralized exchange where only approved participants can place and accept trades.
Think of it as a members-only marketplace with trading mechanics native to the ledger but access restricted to institutions that meet compliance requirements.
The feature targets banks and brokers that want blockchain-based settlement and liquidity but cannot interact with fully open DeFi markets.
For these players, controlling access isn’t optional—it’s the minimum requirement tied to know-your-customer and anti-money-laundering checks.
The timing matters as last week, XRPL activated XLS-85 Token Escrow, extending native escrow functionality beyond XRP to all trustline-based tokens including stablecoins like RLUSD and tokenized real-world assets.
Together, the two upgrades create a complete toolkit for regulated finance on XRPL.
The Institutional Shift
Token escrow allows conditional settlement for assets issued on the network, while the permissioned DEX provides a controlled venue for trading them.
This combination supports use cases like tokenized funds, stablecoin FX rails, and regulated secondary markets.
However, the shift moves XRPL away from the fully open DeFi model that defined the last cycle.
Rather than doubling down on permissionless venues, the network is building infrastructure designed to meet operational and compliance needs of traditional financial players.
The activation follows Ripple’s partnership with Aviva Investors to tokenize funds on XRPL, signaling growing interest in regulated asset issuance.
Additionally, a RippleX engineer has explored potential native XRP staking, with Ripple CTO David Schwartz weighing in on possible design changes.
XRP’s Weak Recovery
XRP is consolidating in the $1.40-$1.50 range dangerously close to the $1.15-$1.20 capitulation low.
The Supertrend at $1.7418 remains firmly bearish with no sign of flipping.
Multiple resistance zones stack overhead: $1.60-$1.65, $1.85-$1.90, $2.10-$2.15, and eventually $3.10-$3.20 where the peak occurred.
Each represents former support now acting as resistance. The descending trendline from $3.70 adds another layer of dynamic resistance.
Meanwhile, the bounce from $1.15 has been weak.
XRP hasn’t built meaningful separation from the low, consolidating just 20% above it.
A daily close below $1.40 raises alarm bells. Breaking $1.20 triggers another leg toward the psychological $1.00 level with minimal support between.
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