XRP "Slept Through" the Historic Ripple, JPMorgan, and Mastercard Breakthrough as Another Token Steals the Price Hype

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. A major event in the fintech industry this week was the completion of the first-ever cross-border redemption of tokenized U.S. Treasury bonds (OUSG). The technological stack involving Ondo, Ripple , JPMorgan and Mastercard enabled settlement in less than 5 seconds; however, for investors the aftermath was not the transaction speed, but the divergence in token performance among the participants. Advertisement Technically, the project became a triumph for XRP Ledger as Ripple redeemed its assets using Ondo smart contracts and payment gateways operated by major banks. The transaction was executed outside traditional banking hours, proving that tokenized liquidity can move instantly 24/7. But Santiment data reveals the market's cold calculation. HOT Stories 'Kind of Sad': Ripple's Schwartz Hesitates to Share Bullish Crypto Views Zcash (ZEC) Is Crypto's Number One, Toncoin (TON) Dwarfs Solana (SOL), XRP Finally Breaks Key Resistance, but What's Early: Crypto Market Review How XRP trailed ONDO in market reaction ONDO surged 29% over the week, gaining another 8% immediately after the announcement, while its price reached $0.348 amid strong accumulation. At the same time, XRP posted a modest 2.5% increase to $1.41 and essentially stood still while millions of dollars moved through its network. Advertisement XRP and ONDO price reaction after XRPL pilot announcement, Source: Santiment Resembling the pattern previously seen in the TON ecosystem, the market is no longer investing in the "rails" - the base networks themselves - based on expectations of future mass adoption, states Santiment. Instead, capital is flowing into specific protocols that generate value on top of those networks. You Might Also Like Wed, 05/06/2026 - 18:45 Wall Street Eyes XRP Ledger By Alex Dovbnya In this transaction, Ondo Finance acted as the issuer of the yield-generating asset and the market viewed the ONDO token as the "equity" of a profitable business. XRP Ledger, meanwhile, once again confirmed its role as reliable but "invisible" infrastructure. And while this is a victory for the blockchain itself, for token holders it became yet another 'nothingburger'. Advertisement While XRP continues struggling with resistance at the $1.44 level, ONDO is benefiting from both its lower base and the growing hype around the real-world asset tokenization sector. The headlines went to Ripple and XRP, but the actual profits ended up in the hands of Ondo holders. #XRP #Mastercard #Ripple News #XRP News #JP Morgan News