XRP Emerges As The Crypto Everyone’s Talking About, Grayscale Says

Reports of real-world trials and steady questions from advisers are giving XRP and its network fresh attention, but the story is part optimism and part early-stage testing.

According to people familiar with sales desks, the firm’s teams keep hearing the same line from financial advisers: clients want to know about the token. That curiosity, while loud, does not automatically mean money is moving in large sums.

Rayhaneh Sharif-Askary, who leads Product and Research at Grayscale Investments, said XRP ranks among the most talked-about crypto assets, with many investor discussions placing it just behind Bitcoin.

The firm’s role is sales and research, and what gets asked about often leads product teams to track demand. Still, Reports say adviser interest is now a regular part of conversations that once focused almost entirely on Bitcoin.

“Advisors are constantly asked by their clients about $XRP, and in some cases, it’s the second most talked about asset in this community behind Bitcoin.”

As @Ray_scale shared during @Ripple’s XRP Community Day, advisors across the country consistently hear about $XRP from their… pic.twitter.com/ws3q1fJoZR

— Grayscale (@Grayscale) February 16, 2026

Reports have disclosed that big names in finance and payments are running trials on the network. BlackRock and Mastercard have been linked to exploratory projects testing tokenized instruments and settlement flows.

Pilots were set up to see whether on-chain liquidity and programmable money can shave steps from traditional processes. The work is at testing scale. It is not yet routine, and most of what’s public is limited to proof points.

XRP remains at the center of the conversation. Reports note that advisers and retail holders mention it often, and that community enthusiasm helps keep it in headlines. But supply, custody arrangements, and regulated product wrappers are the things that actually move investable capital.

Meanwhile, the ledger that underpins the token is being vetted for features that large institutions find appealing. The ledger’s pace and fee profile have been looked at closely in these checks.

Reports say the network includes native AMM-like mechanics, an on-ledger exchange, and trust line tools that can be adapted to compliance steps. Those features are part of why conventional firms have been willing to run pilots.

Franklin Templeton and DBS took part in tokenized fund work last year, testing how regulated assets might flow on-chain with better liquidity.

The results were mixed but instructive: tokenization can shorten settlement windows, yet legal and custody questions take time to solve.

Reports note collaboration between market infrastructure teams and specialist firms to enable fund-share swaps and stablecoin rails.

Securitize helped bridge traditional fund shares to on-chain representations, and Gemini was named in pilots that try converting fund exposure into a liquid on-chain form.

Featured image from Klaus Vedfelt/Getty Images, chart from TradingView