A survey found that institutional investors' push to increase XRP investment could become clearer in 2026. It said changes in the regulatory environment, ETF inflows and rising on-chain activity could combine to accelerate institutions' expanded exposure.

A blockchain outlet, The Crypto Basic, reported on April 7 that a joint survey by Coinbase and Ernst & Young showed the share of institutions saying they plan to secure XRP exposure could rise to 25 percent in 2026. The share is currently about 18 percent.

Progress in the U.S. regulatory environment was cited as a driver of the shift. Evernode CEO Ashish Birla (아시쉬 비를라) said in recent remarks that “regulatory clarity and legislative momentum are forming.” Reports said the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission presented their first joint guidance classifying some digital assets, including XRP, as commodities. Discussions in the U.S. Congress around the CLARITY Act are also continuing, raising expectations for clearer rules.

On the flow of funds, signs have also emerged to support institutional interest. Birla said a U.S. spot XRP ETF has recorded net inflows of about $1 billion since its launch. An analysis said easing regulatory uncertainty and improved investment access together have increased the likelihood that institutional inflows will translate into actual allocations.

On-chain indicators are also showing a positive trend. The XRP Ledger recently recorded 4 million daily transactions, its highest in 2 years. The size of real-world assets on XRPL was reported to have risen from $24.7 million in early 2025 to more than $2 billion in March 2026. About 27,000 automated market maker pools have been built on the network, and XRP pairs were found to account for a high share in decentralised exchange routing.

Birla stressed that institutional investors are shifting their focus from simple transaction speed to capital efficiency. He said attention is on whether XRP can be used as collateral, for liquidity provision and as a base layer for financial products.

Against this backdrop, Evernode is positioning itself as a gateway for institutional funds flowing into the XRPL ecosystem. The company is seeking a listing through a merger with Armada Acquisition Corp. II, and presented a strategy that combines access to public markets with on-chain participation. It aims to provide exposure to XRP’s role in a new financial system through a structure that goes beyond holding and instead deploys XRP on the network to provide liquidity and support financial infrastructure.