Arizona Adds XRP to Digital Reserve as the Token’s Price Falls

Arizona is moving closer to formally recognizing XRP as part of a state-managed digital asset reserve. And while the Senate Bill (SB) 1649 marks a historic step toward the institutionalization of the Ripple token, the legislative victory comes at a turbulent time for the XRP price, which faces renewed downward pressure.

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How The XRP Arizona Bill Impacts Ripple Token And Price Outlook

The XRP Arizona Bill authorizes the State Treasurer to hold, custody, and invest digital assets that enter state hands through legal channels, primarily those seized by law enforcement or voluntarily surrendered. Aside from XRP, Bitcoin and DigiByte are also listed as eligible assets. What makes this bill stand out is that the reserve would mainly store assets already under state control, allowing Arizona to retain crypto exposure without increasing taxpayer risk.

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For a digital asset to qualify, it must meet performance-based criteria such as market capitalization, network activity, development ecosystem strength, and overall security metrics. And while the news of the possible passing of this bill remains bullish, the recent downward trend of the XRP coin indicates a tough road to recovery. The current XRP market price shows it is trading below $1.350.

Still, the Arizona development strengthens XRP’s longer-term institutional thesis. Inclusion as a state-level digital reserve initiative positions XRP as a settlement-focused blockchain rather than a speculative crypto.

Legislative Adoption vs Market Momentum

A government’s inclusion of crypto in a digital reserve shows an early indicator of broader government adoption trends. Even though the XRP price is down, the convergence with Arizona’s legislative support highlights a maturing market. One that is not swayed by price downturns.

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However, if the XRP price stabilizes, the state’s recognition could serve as the catalyst for the next leg of momentum.