Neutral

Clearpool voters approve CPOOL-to-CLEAR migration to XRPL in Q4 2026

3 min

XRP traded at $1.49 on October 6, down 1.5% over 24 hours. Clearpool’s proposed expansion to the XRP Ledger advanced with 97% approval for a 1:1 migration from Ethereum-based CPOOL to a new CLEAR token on XRPL targeted for Q4 2026. Price response remained muted while the market weighs whether RLUSD-based lending will convert into measurable demand on XRPL.

XRPL Credit Expansion: Status and Timeline

Clearpool, Ripple, and Cicada Partners outlined a credit arrangement: Clearpool supplies lending infrastructure; Cicada sources and assesses borrowers; Ripple participates as a limited partner providing capital. Proposed pools would issue working-capital loans in RLUSD, Ripple’s dollar-pegged stablecoin. Clearpool’s governance materials describe this as its first institutional credit product using RLUSD on XRPL.

XRP Price Levels: Near-Term Scenarios

XRPUSDT Chart 1D

XRPUSDT Chart 1D TradingView

If $1.38 holds as support, XRP could attempt a move toward $1.61. A sustained daily close above $1.61 would mark a breakout. Consolidation remains the base case while traders wait for evidence of XRPL lending activity. A drop below $1.38 would bring the $1.25 range floor into view, followed by the $1.00–$1.20 area where XRP bottomed in August. Additional lower supports: $0.92 and $0.70.

Execution Indicators to Watch

Key signals for the XRP outlook: launches of RLUSD credit vaults, disclosed loan volumes, and institutional participation. Clearpool’s migration advances the institutional-credit narrative on XRPL. Operational proof carries greater weight than governance approval.

Ripple President Monica Long said at the XRP Seoul conference on October 3 that Ripple plans a credit service backed by XRP as collateral in 2027.

Related Projects: LiquidChain

Top Crypto Picks for 2026: Why LiquidChain Could Lead the Next Wave

Top Crypto Picks for 2026: Why LiquidChain Could Lead the Next Wave

LiquidChain ($LIQUID) describes itself as a Layer 3 cross-chain liquidity layer designed to merge Bitcoin, Ethereum, and Solana liquidity into one execution environment. Stated features: single-step execution, verifiable settlement, and a deploy-once architecture for developers. Current price: $0.014962. Total raised: $980,892.84.

Original publication

Authors credited by the source: Daniel Francis

Published by Holder based on an external source.