Ripple’s XRP is regaining momentum after the XRP Ledger Starter Kit v1.1 shipped on September 17, connecting the network to Stripe and Tempo’s Machine Payments Protocol. The token traded near $1.38 on September 20, up roughly 2% over the past week, though it pulled back about 3% in 24 hours after losing the $1.40 support level. Trading volume climbed to $2.8 billion, signaling active demand.
The upgrade adds MPP support and the Open Wallet Standard, allowing software to manage wallets across multiple blockchains through one interface. Ripple says one-time payments already work with XRP and XRPL-issued assets such as RLUSD, following a standard request-price-authorize-deliver flow. The key change is that programs can now pay for data and services in XRP without a person clicking a button, opening a new source of demand.
Because Stripe moves billions in volume each year, even a small share flowing through XRP could materially change usage. The token also gained regulatory recognition in March when the CFTC named XRP one of 18 digital commodities. Analysts see a close above the 50-day average near $1.45 as a path toward the August high of $1.55, with a bull case near $3.00 by year-end. Weekly ETF flows were positive at about $9 million, while XRP remains about 54% below its 2021 all-time peak. Short-term analysts cautioned that XRP has lost channel and RSI support on the 1-hour chart, with a possible retrace into the mid-$1.30s before the next leg higher.
