Cardano founder Charles Hoskinson believes nearly $100 billion worth of idle XRP could soon enter DeFi ecosystems, transforming it into a major liquidity source. Nasdaq-listed Reliance Global Group has added XRP to its corporate digital asset treasury, citing its efficiency. Technical analysis indicates that XRP is consolidating inside a symmetrical triangle formation, with resistance at $2.93 and support at $2.85.
Cardano founder Charles Hoskinson has sparked interest in XRP (CRYPTO: XRP) by highlighting its untapped potential in decentralized finance (DeFi). Hoskinson believes that nearly $100 billion worth of idle XRP could soon enter yield-bearing ecosystems, transforming it into a significant liquidity source
Cardano's Charles Hoskinson Says $100 Billion XRP Could Flood Into DeFi[1].
The remarks come as Nasdaq-listed Reliance Global Group Inc. (NASDAQ: RELI) has added XRP to its corporate digital asset treasury. The company cited XRP's efficiency and real-world utility as reasons for its inclusion, calling it a "measured step" toward diversified blockchain exposure
Reliance Global Group Adds XRP to Its Treasury, Expanding Blockchain Portfolio[2].
Technical analysis indicates that XRP is consolidating inside a symmetrical triangle formation, with resistance at $2.93 and support at $2.85. The Bollinger Bands are tightening, suggesting reduced volatility that often precedes strong directional moves
XRP Consolidates Near $3 as Symmetrical Triangle Formation Tightens[3].
XRP's potential integration with DeFi and Reliance's strategic move could signal a shift in the cryptocurrency's narrative. Traditionally seen as a transactional token, XRP is now being positioned as a structural pillar of DeFi itself. The alignment between Hoskinson's remarks and Reliance's move hints at XRP's next frontier — not just payments or remittances, but deep integration with on-chain capital markets.
For traders, the question remains whether XRP is shifting from a transactional token into a structural pillar of DeFi. The potential for a significant increase in total value locked (TVL) in DeFi, if even a fraction of the idle XRP supply migrates into yield markets, could be seismic.
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