XRP Is Being Sold for SpaceX, But Teucrium CEO Says That Is a Rare Opportunity

$XRP is trading at $1.13, oversold and under pressure, but a quiet convergence of institutional developments and ecosystem expansion is building a case for why the current weakness may be a temporary condition rather than a permanent one.

$RLUSD Goes Multi-Chain

The recent $XRP ecosystem news comes from the launch of the $XRP EVM sidechain with $RLUSD. Sal Gilbert, CEO of Teucrium, described the development as an important expansion of Ripple’s reach.

“This is good for Ripple in general because it does mean we’re going to see adoption across a whole new set of smart contract based ecosystems,” Gilbert said, pointing to the multi-chain expansion of $RLUSD as a signal that Ripple is no longer limiting itself to the boundaries of the $XRP Ledger alone. For a token whose value proposition rests heavily on utility and network adoption, every new deployment context matters.

$XRP Is Oversold: The Institutional View

Gilbert also opened up about the price “I do think $XRP is oversold,” he said, acknowledging that the charts could theoretically support lower numbers but framing the current selloff as short-term retail rotation into hotter assets rather than a fundamental reassessment of $XRP’s prospects.

He pointed to a pattern he is hearing repeatedly from institutional contacts: investors who are currently holding equity profits are planning to rotate back into crypto, specifically Bitcoin and $XRP, once they decide to reduce their stock market exposure. That reallocation has not happened yet, but the intention is forming.

The SpaceX Shadow

Gilbert identified the SpaceX IPO, expected to list at close to two trillion dollars in valuation, as a significant drain on available capital across all markets. When IPOs of this scale hit the market, free capital gets absorbed and typically the assets considered most discretionary, crypto near the top of that list, are the first to see outflows.

He also flagged a structural risk that plays out six to twelve months after any major IPO wave. Once the lockup periods expire and insider shares become available for sale, the supply of stock hitting the market tends to create broader pressure. With SpaceX, Anthropic and OpenAI all queued up in the IPO pipeline, that dynamic could weigh on risk assets well into late 2026.

The DTCC Signal

Looking past the near-term noise, Gilbert pointed to the DTCC’s increasing movement toward ledgerised transactions as the development that will ultimately validate $XRP’s role in institutional finance. As the year progresses and the DTCC moves more settlement activity onto distributed ledger infrastructure, the underlying demand case for $XRP strengthens regardless of what retail traders are doing with their portfolios on any given week.

“The underpinnings will come again,” Gilbert said. “The price is always right, and for whatever reason you see a rotation out of $XRP right now, that is short-term money.”

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