XRP Price Rebounds to $2.40 Amid Institutional Expansion and Liquidity Growth

XRP's price rebounded above $2.40, driven by Ripple's strategic moves and market dynamics:

  • Ripple acquired GTreasury to integrate XRP into corporate cash, liquidity, and risk workflows.
  • A $1 billion digital-asset treasury initiative focuses on XRP accumulation and liquidity support.
  • New partnerships with Absa Bank, DBS Bank, and Franklin Templeton enhance Ripple's reach.
  • A formal petition to the SEC proposes XRP as a neutral settlement rail across CBDCs and tokenized assets.

Ripple XRP XRPUSD

Rising Volumes and Derivatives Interest

  • Spot volume increased sharply, with XRP gaining 5% in 24 hours, indicating renewed buyer interest.
  • CME data shows record open interest in XRP futures and options, with more institutional holders.
  • Improved spot activity and derivatives liquidity help compress spreads and reduce slippage.
  • Ripple announced a $200,000 security bounty for its XRPL lending stack, highlighting enterprise-grade security priorities.

XRP Price Levels to Watch

  • XRP faces resistance at $2.66, $2.80–$3.00, and $3.10–$3.19.
  • Breaking these levels could lead to a rise toward $3.50–$3.84 and potentially $5.
  • Support is at $2.32, with risks of retesting $2.10 if this level fails.
  • If XRP reclaims $2.66 and $2.80, a $3–$5 range in the next bull cycle is possible.