Ripple transferred 200 million XRP between its own addresses, and then sent another 20 million XRP to a new, unknown address.

At the same time, the Amendment 1 to PermissionDelegationV1_1 of XRP Ledger will take effect at 21:25 UTC today. This update allows enterprise account owners to assign up to 10 specific roles, such as compliance or internal audit, to third-party applications or sub-teams through DelegateSet transactions, without having to expose the wallet's public and private keys.

According to the original text, with the development of artificial intelligence tools, this type of key isolation is becoming a standard security requirement.

In addition, The Wall Street Journal reports that Ripple is entering the field of traditional custody and brokerage services. Infrastructure provider Paxos is adding XRP to its regulated platform, which will make this asset available to customers such as PayPal and Charles Schwab.

The original text also mentions that XRP currently has a market value of about $95 billion, distributed across 8.1 million wallets; the native stablecoin RLUSD of Ripple has a market value of over $2.5 billion and is poised to compete for a share of the European market after the ESMA directive.

Infrastructure updates also include the latest release of Ripple Custody 1.43, which adds support for Canton Coin; meanwhile, the listing of the XRPN treasury tool from Evernorth on NASDAQ has been postponed to October 12th.

At a broader market level, the original text states that the crypto market continued to experience a correction, influenced by new U.S. macroeconomic data. The number of initial jobless claims in the United States dropped to 197,000. For the Federal Reserve, this is seen as a sign of stability in the labor market, reducing the likelihood of further interest rate cuts and prompting investors to reduce their exposure to risky assets.

According to CoinGlass data, the daily forced liquidation amount for leveraged positions was 395.78 million US dollars, of which 344.49 million US dollars came from long positions.

Market sentiment is also influenced by historical memories: the market is approaching the anniversary of October 11, 2025, when Sino-US trade tensions led to a record-day forced liquidation of $19.16 billion.

Cautious sentiment is also driving capital flows towards cashing in on crypto funds. SoSoValue data shows that in the past 24 hours, BTC ETF experienced a net outflow of $487.37 million, while ETH ETF had a net outflow of $160.84 million. Funds based on Hyperliquid (with a net outflow of $32.52 million), Solana (with a net outflow of $5.45 million), and XRP (with a net outflow of $2.61 million) are also facing selling pressure.

Another negative factor comes from the requirements of European regulatory authorities ESMA. These authorities require EU crypto companies to completely liquidate all stablecoin positions that do not comply with MiCA regulations by January 8, 2027.

However, beyond the speculative realm, blockchain infrastructure continues to develop: the market value of tokenizing real-world assets ( RWA ) remains at $65 billion, and IMF indicates that there is ongoing interest in blockchain-based 24-hour stock trading.

It was also mentioned in the original text that a significant capital movement on XRP Ledger was recorded. Blockchain data shows that a transaction involving 200 million XRP was executed at UTC at 09:37:31, with funds transferred between the internal addresses Ripple (1) and Ripple (50). Subsequently, Ripple split this amount and transferred 20 million XRP to a new, unknown address.

An obvious speculation is that the company is accumulating liquidity for its prime brokerage business in the US market. After acquiring Hidden Road for $1.25 billion and launching Ripple Prime, it has become a counterparty in the $256 billion leveraged ETF market. Ripple can earn up to an 8% annual fee from this, which also includes funds that hold SanDisk stocks.

This fund transfer coincides with the preparatory work for activating the Amendment to the PermissionDelegationV1_1 protocol. This update will take effect at 21:25 UTC today. It allows enterprise account owners to use DelegateSet transactions to assign up to 10 specific roles to third-party applications or sub-teams, without exposing the wallet's master key.

With the development of the AI tool, this type of key isolation is becoming a standard security requirement.

Technological changes also come alongside business expansion. The Wall Street Journal reports that Ripple is entering the field of traditional custody and brokerage services. Infrastructure provider Paxos is adding XRP to its regulated platform, which will make this asset accessible to customers such as PayPal and Charles Schwab.

According to the original text, XRP currently has a market value of about $95 billion, distributed across 8.1 million wallets; the native stablecoin RLUSD of Ripple has a market value of over $2.5 billion and is poised to compete for a share of the European market after the ESMA directive.

In addition, Ripple Custody 1.43 has just been released, with added support for Canton Coin; the listing of the XRPN treasury tool of Evernorth on NASDAQ has been postponed to October 12th.

In another report, it is mentioned that the main topic on October 8th was the progress of artificial intelligence in the field of mathematics, which raised concerns among blockchain developers regarding practical security issues. Google Cloud is launching an enterprise AI assistant Gemini Agent, while OpenAI published 722 complex mathematical papers generated by experimental models.

A researcher from the Ethereum Foundation, Justin Drake, warns that due to a mathematical breakthrough in OpenAI, the ECDSA signature algorithm may be effectively cracked within a few months.

In these discussions, an address from the Satoshi Nakamoto era that had been inactive for over 16 years became active again: An early miner transferred 100 BTC, which is approximately worth 8.33 million US dollars. These bitcoins were mined in July 2010.

At the same time, the industry is also responding to security challenges and developing new forms of infrastructure:

• Starknet: This main L2 network indicates that it plans to transition to an independent L1 blockchain by 2027, in order to independently implement quantum-resistant and AI-resistant protections without having to wait for Ethereum's lengthy upgrades.
• Solana User Growth: According to Santiment, since the beginning of September, the Solana network has grown by 124%. In late October, Samsung plans to directly integrate USDC transfers into the Samsung wallet, covering 82 million Galaxy devices in the United States and supporting the Solana and Sui networks.
• Real estate mortgage lending: On Polygon, on the RNT Lend platform built based on Aave, the total locked-up value has exceeded 20 million US dollars, of which real estate-backed loans amount to 9 million US dollars.
• 79th Vault Incident: On the negative side, CertiK analysts reported that the 79th Vault of the DeFi project may have been attacked, resulting in a loss of 12.5 million US dollars.

In the market outlook section, it is stated that the daily outflow of ETF amounting to $689 million seems painful, but technical and cross-market analysis indicate that the long-term upward trend remains intact. Bitcoin fell to $82,165 during trading, which represents a textbook example of a breakout below the annual channel trendline, and this could help alleviate the overbought condition.

The dynamic support level is at $77,086 (the 50-day moving average), while the global trend baseline is around $66,509 (the 200-day moving average).

The Bitcoin/gold ratio chart also confirms the buying power: BTC holds the macro support and tests the resistance, indicating that large funds are still systematically choosing scarce digital assets as their main hedging tool.

Meanwhile, Ethereum is trading at $2,527.57, still caught between the resistance level of the 200-week moving average ($2,536.40) and the support level of the 50-day moving average ($2,123.05), indicating that it is in a phase of liquidity accumulation.

For XRP / USD, the current callback to $1.3942 is seen by the original text as a healthy retest of the multi-month descending wedge pattern's upper edge that has already been broken through, as well as the long-term moving average cluster between $1.26 and $1.27.

The original text also states that after excluding the top 10 assets, the market capitalization index of altcoins OTHERS has also confirmed a global reversal. What was originally a strong resistance level of about $206 billion has now turned into solid support, opening up space for a medium-term rebound.

The nodes that are recommended to be watched in the near future, as listed in the original text, include:

• October 9th: The BatchV1_1 amendment on XRPL was activated, introducing batch trading and optimizing the network throughput of Ripple.
• October 12: The XRPN fund of Evernorth was officially launched on NASDAQ, which will become an important indicator of the demand for XRP from American institutions.
• BTC Support: Watching to see if Bitcoin can hold the 50-week moving average support at $77,086
• ETF Capital Flow: The outflow of funds from spot BTC and ETH funds has slowed down, which may indicate that the local correction is coming to an end.
• Late October: Samsung Wallet will launch free USDC transfers on 82 million Galaxy devices in the United States, which will help to assess the fundamental strength of the upward trends on Solana and Sui.