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Crypto

XRP 10-dollar outlook splits opinion as analyst says enough without broader use

Debate is growing in the XRP community over whether the token can rise to $10 without broader real-world use. XRP influencer Jack Lector said investors focus too much on utility and that speculative buying alone could drive a big rise. Others counter that supply exceeding 60 billion tokens makes such a rally difficult and note XRP has not surged despite partnerships, ETF inflows and other developments. Some also dispute that higher network activity would directly boost XRP demand.

Crypto

U.S. SEC sets 2027 exam priorities, flags AI superintelligence and tokenisation risks

The U.S. Securities and Exchange Commission has added AI superintelligence and tokenisation to its examination priorities for fiscal 2027, expanding its review of technology risks in capital markets. The SEC’s Division of Examinations said it will assess how AI tools used by registered firms affect compliance programmes and fraud detection. It also listed risks tied to evolving market infrastructure, including tokenisation and related developments. The priorities apply to more than 34,000 registered entities.

Crypto

XRP treasury firm Evernos pursues Strategy-style fundraising, size unclear

Evernos, an XRP treasury firm, plans to raise about $80.7 million by selling up to 5,218,935 newly issued Class A common shares to CF Principal Investments, an affiliate of Cantor Fitzgerald. It estimates net proceeds of about $78.3 million after fees and costs. The company plans to use most of the funds to buy more XRP. It is also pursuing funding through warrant exercises that could bring in about $132.2 million if fully exercised in cash.