XRP News: Ripple Unveils Institutional DeFi Plan Amid Market Volatility

As the cryptocurrency market experiences a broad decline, Ripple has announced an ambitious plan to introduce institutional DeFi to the XRP Ledger, potentially sparking a recovery in XRP’s price.

XRP Ledger Unveils Institutional DeFi Plan – Will This Send XRP to New Highs?

XRP has fallen by 2% in the past 24 hours, slipping back down to $2.23 as the cryptocurrency market as a whole drops by 3.5% today. The altcoin has now lost 17% in a week and 29% in the last 30 days, affected by the $1.5 billion Bybit hack and US tariffs. However, XRP remains up by 300% in a year. Ripple has unveiled a plan this week to bring institutional DeFi to the XRP Ledger, which could lead to a price recovery for the altcoin soon.

XRP Price Prediction for February 27

At the moment, XRP is trading at $2.2138 following a modest 0.71% gain in the last 24 hours. This slight uptick suggests that buyers have stepped in after a recent period of consolidation, though overall market sentiment remains cautious. Recent trading data shows that XRP finds robust support around the $2.20 level. This zone has historically acted as a floor during previous corrections, where accumulated buying interest has prevented further declines. If XRP can hold this level, it will be a positive sign for potential recovery. On the upside, resistance is observed in the $2.25–$2.30 range.

Ripple (XRP) Price Rallied 190x in 2017, Which Token Will Be Next To Skyrocket in 2025?

In 2017, Ripple’s XRP surged 190x from $0.006 to $3.82. Today, Mutuum Finance (MUTM), a decentralized lending platform, is generating similar early momentum. MUTM has raised $1,503,578.54 in its presale, attracting 2,975 holders. Currently priced at $0.015, the token offers a 33.3% gain before the next phase increases to $0.02. Early participants could secure returns up to 300% at its $0.06 launch price, with post-listing projections hinting at a climb toward $7.50 in 2025.

XRP Futures Open Interest Dives to 2025 Low

XRP has failed to hold the crucial $2.25 support level, and historical patterns suggest the price could drop 13.5% to reach $1.90. Despite positive developments, short-term market sentiment remains bearish. Ripple[XRP] has been experiencing a continuous decline in Futures Open Interest (OI) since reaching an all-time high. According to the on-chain analytics firm Coinglass, on January 18th, 2025, XRP’s Futures OI was $7.62 billion. However, it has now dropped to $3.02 billion, nearing the lowest level of 2025. This marked a decline of more than half from its all-time high. This drop in OI is likely driven by the bearish outlook that the cryptocurrency market has been experiencing.

XRP Outshines 92% Of Altcoins in Tough Market

XRP stood firm as crypto markets took a beating on Tuesday. Most coins fell hard, but XRP avoided hitting new lows, dropping to $2.23 with a 4% daily decline. This marks a rough week for the coin, which lost 17% in the weekly frame. During one of its biggest declines this year on February 4th, the coin had sunk to $1.70, much lower than Tuesday’s bottom. In contrast, Bitcoin fell below $86,000, its lowest price since November 2024, hitting new recent lows while XRP did not. Analysts see promising signs in XRP’s performance.