Ripple said on Wednesday that its institutional prime brokerage, Ripple Prime, has integrated Hyperliquid to provide access to on‑chain derivatives liquidity and cross‑margining for DeFi positions alongside existing assets. Following the update, HYPE advanced toward the $35 area after a roughly 64% two‑week gain, while XRP declined about 20% over the past week.

On Wednesday, Hyperion DeFi Inc. (NASDAQ: HYPD) said it plans to deploy its HYPE token holdings as collateral in on-chain options vaults on Hyperliquid to generate additional income from premiums and fees. The firm emphasized it will avoid directional trading, instead targeting yield on its more than 1.8 million HYPE tokens while working with the Rysk protocol to structure covered options strategies, even as its shares dropped over 13% following the announcement.

XRP recorded 57 million dollars in spot outflows over the past four days while price hovered near 1.5 dollars, down 25 percent across three weeks. Traders withdrew tokens from exchanges as a new partnership with Jeel, the innovation arm of Riyad Bank, the third-largest in Saudi Arabia, hinted at expanding utility.

Analyst Diana said in an X post that XRP could climb about 450% to $7, citing Elliott Wave and Fibonacci, if $1.50–$1.55 support holds. She outlined steps toward $1.88–$2 and then $2.20–$2.70. Analyst CasiTrades expects a Wave 4 relief toward $1.78–$2.03, while XRP traded near $1.58 at press time, per CoinMarketCap.

On Wednesday, 4 February, XRP extended its slide, continuing a months-long bearish trend. At the time of writing it traded around the mid-$1.50 range, among its weakest levels since late 2024. Despite ongoing downside, sentiment has hovered near neutral to slightly negative, showing no clear signs of capitulation.

Donald Trump's push into digital assets, including a proposed token tied to Truth Social via Trump Media & Technology Group, has reinforced a market narrative around strength-focused, personality-driven cryptocurrencies. Within this environment, Maxi Doge ($MAXI) has raised over $4.5M in its presale and offers 68% staking APY, positioning itself as a high-leverage, meme-style ecosystem targeting retail traders ahead of planned 2026 adoption initiatives.

Fidelity Investments launched its U.S. dollar-backed stablecoin, Fidelity Digital Dollar (FIDD), for retail and institutional users. Issued on Ethereum, FIDD can be bought or redeemed directly with Fidelity for $1 via its platforms, will trade on external exchanges where listed, and is transferable to any Ethereum mainnet address.

Cardano has moved back into the top 10 cryptocurrencies by market capitalization, reaching $10.48 billion as its trading volume climbed 55% to $828.69 million. ADA is trading around $0.29, down 2.36% on the day and 19% over the week, while indicators show the token hovering near oversold territory.