XRP Jumps 8.7% to $1.54 as Absa Launches Ripple-Based Custody Service
- —XRP gained 8.7% in 24 hours to $1.54, trading between $1.41 and $1.57
- —Absa launched its Digital Asset Custody service on Ripple tech on September 21
- —Peter Brandt's monthly chart implies an eventual move to $5.40
- —The $5.40 target would require a 251% gain from current levels
Why it matters: The custody launch deepens XRP's institutional infrastructure, though Brandt's target remains a long-term projection with no timeline.
Source: Kryptoszene