Saudi Royals Double Down on XRP: $121M Bet as SEC Decision Looms
Ripple’s XRP gets a royal flush—Saudi investors just dropped $121 million on the embattled crypto ahead of a pivotal SEC vote. Price targets now eye $2.91, because nothing says ’regulatory clarity’ like petrodollar-fueled speculation.
Wall Street analysts are scrambling to update their slides—turns out ’high-risk asset’ just means ’not yet endorsed by a Gulf state.’ Meanwhile, the SEC’s revolving door spins faster than a leveraged trader’s liquidation.
One thing’s certain: when the suits and the sheikhs agree on a gamble, retail investors had better check their leverage. Or their prayer mats.
Binance’s XRP price prediction – Source: Binance
XRP Price Prediction Soars With Saudi Backing, SEC Vote Looming, And Market Volatility
His Royal Highness Prince Abdulaziz bin Turki Abdulaziz Al Saud‘s leadership of a $121 million private placement into VivoPower International has transformed the xrp price prediction landscape. This marks the first publicly traded company to adopt an XRP-focused digital asset treasury strategy, and also sends shockwaves through Ripple news channels as the SEC prepares for a crucial May 29th closed meeting.
His Royal Highness, Prince Abdulaziz bin Turki Abdulaziz Al Saud stated:
Right now, at the time of writing, this represents an unprecedented level of institutional backing for XRP, impacting the widespread prediction of its potential price.
SEC Settlement Vote Drives XRP Price Prediction Models
Current analysis of XRP price prediction centers on the upcoming SEC settlement vote, which could resolve ongoing regulatory uncertainty. The SEC’s final scheduled closed meeting of 2025 may determine whether both parties proceed with appeals or reach a settlement acknowledging XRP’s institutional sales status, and this timing couldn’t be more critical.
VivoPower Executive Chairman Kevin Chin had this to say:
Also, legal experts suggest this could be the turning point that resolves the lengthy regulatory battle, thus impacting XRP predictions indirectly.
Saudi Arabia Investment Reshapes Ripple News Outlook
Despite XRP’s dip by 2% after the announcement and a total loss above 5% for the week, the Saudi Arabia royal support shows that major investors have a lot of faith in the coin. This makes a big difference to XRP prices when the market is volatile. The price announced for XRP by investors is $6.05 per share and this suggests that the investors are confident about its upcoming growth.
Adam Traidman, former Ripple board member joining as Chairman of Board of Advisors, stated:
Saudi Arabia makes this move while President Trump expects XRP to join his Strategic Bitcoin Reserve. This research provides several indicators for XRP’s future such as the forecast price of $2.91. Ripple is currently facing resistance at $2.50 and $2.6553 and once broken, looks ready for a move towards the previous high of $3.5505 if it goes above $3.
Now, Saudi Arabia royal support, the view that a settlement with the SEC is NEAR and banking interest in VivoPower’s strategy give reason for revised XRP price modeling.
