Ripple Challenges Chainlink: Building an Oracle to Bridge Banks and Blockchain
In a move signaling its growing ambitions in the financial sector, Ripple is currently developing an oracle capable of querying data directly from existing bank ledgers.
Crypto Researcher SMQKE emphasizes that this positions Ripple not just as a payment and liquidity solution, but as a potential infrastructure provider for the next generation of decentralized finance.
While oracles have long been dominated by Chainlink, Ripple’s entry signals a shift because banks are seeking blockchain solutions that integrate with existing systems. By feeding real-time, accurate banking data to smart contracts, Ripple is bridging traditional finance and the decentralized world.
The implications of this development are significant. For banks, it means faster, more secure access to ledger information without compromising compliance.
On the part of Ripple, it cements its role as the bridge between traditional finance and blockchain, advancing its vision of modernizing cross-border transactions. Analysts note that the oracle could also enhance RippleNet and XRP liquidity, adding real-time intelligence and automation to its ecosystem.
Chainlink may have set the standard for blockchain oracles, but Ripple is staking its claim in banking integration. According to SMQKE, Ripple’s established relationships with major financial institutions give it a competitive edge, enabling it to deliver highly reliable, institution-ready oracle solutions, unlike decentralized networks that depend on multiple independent data providers.
This development comes at a pivotal moment. As banks rush to modernize, Ripple’s oracle could become essential, bridging blockchain with traditional ledgers to boost adoption, enhance transparency, enable real-time reporting, and optimize liquidity management.
XRP’s $8–$10 Target Remains Firm, Says Market Expert Maxi
According to market expert Maxi, XRP’s bullish trajectory remains unchanged, with the $8–$10 range continuing to be the target since the cryptocurrency was priced at just $0.50. Maxi emphasizes that despite market fluctuations and temporary volatility, the long-term upside potential for XRP has remained consistent over the years.
XRP, the native token of Ripple, has long been recognized for its strategic position in the cross-border payments space.
Its technology enables banks and financial institutions to execute faster and cheaper international transactions, providing a tangible use case that fuels investor confidence. Maxi points out that this real-world utility is a key driver behind the token’s sustained growth potential.
Therefore, Maxi emphasizes that the $8–$10 range reflects XRP’s historical trends, market-cap potential, and adoption trajectory with its present price being$2.96 per CoinGecko data.
Meanwhile, $3.30 has emerged as the psychological price that XRP has to reclaim for its bullish picture to remain intact.
Conclusion
Ripple’s development of a bank-integrated oracle marks a strategic evolution from a payments facilitator to a full-fledged infrastructure partner for modern finance.
By enabling seamless access to real-time ledger data, Ripple not only strengthens its position in the blockchain ecosystem but also challenges the dominance of traditional oracle providers like Chainlink.
Meanwhile, Maxi’s analysis reinforces the idea that XRP is not merely chasing short-term price spikes but is part of a long-term strategy built on utility, partnerships, and market positioning.
While volatility will continue to test investor patience, the ultimate goal of $8–$10 remains a credible target, rooted in years of consistent market observation and Ripple’s ongoing influence in global finance.
