XRP’s Bullish Momentum: ETF Delays, Stablecoin Bill, and Rising Competitor Remittix
The cryptocurrency market is abuzz with activity as XRP finds itself at the heart of several significant developments. The U.S. SEC has once again delayed its decision on a spot XRP ETF, sparking speculation and discussions among investors. Concurrently, the Senate’s surprising approval of a stablecoin regulation bill indicates a growing acceptance of digital assets within legislative frameworks. Amid these macro-level changes, a new competitor, Remittix, is emerging, potentially reshaping the remittance landscape. This article delves into these pivotal moments and their implications for XRP’s future trajectory in the crypto market.
XRP News: ETF Delays, Stablecoin Bill Passage, and Emerging Competitor Remittix
The cryptocurrency market is witnessing renewed bullish momentum, with XRP at the center of several pivotal developments. The U.S. SEC has again postponed its decision on a spot XRP ETF, fueling speculation and market chatter. Meanwhile, the Senate’s unexpected approval of a stablecoin regulation bill signals growing legislative traction for digital assets.
Amid these macro shifts, Remittix is emerging as a disruptive force in crypto-to-fiat payments. The platform’s innovative approach to cross-border transactions addresses a critical pain point in digital asset adoption—bridging decentralized and traditional finance.
Ripple-related rumors continue circulating, particularly regarding potential collaborations with Circle. Market participants are closely monitoring how these developments might influence XRP’s liquidity and institutional adoption pathways.
XRP Price To Crash 30% If This Happens
XRP is holding steady above a key support level despite the broader market correction. The lingering uncertainty continues to weigh on investor sentiment, casting doubt on an immediate breakout.
Crypto analyst CasiTrades notes that XRP has reclaimed a critical price floor, signaling potential bullish momentum. However, the token must break above $2.69 to confirm a trend reversal. "XRP is holding $2.25 and building structure, but needs a breakout above $2.69 to confirm a bullish trend," he observed.
Technical analysis reveals repeated failures at the $2.65 resistance level. Between May 14–17, XRP faced heavy selling pressure, underscoring market indecision. Analysts warn of a 30% decline if the token remains below this threshold.
XRP Price Prediction & Analysis: Chart Pattern Signals Potential New All-Time Highs
XRP shows signs of bullish momentum as it breaks out from a falling wedge pattern, currently trading at $2.35 with a 0.25% daily gain. Trading volume surged 31.95% to $3.77 billion, indicating growing market interest despite a 7.69% weekly decline.
Technical analysis reveals a consolidation phase between $2.30-$2.35 following a 26% rise from the $1.85-$1.90 support zone. A newly formed bullish trend line finds support at $2.3580, with potential upside targets at $2.95, $3.39, and $3.87 if the breakout sustains.
Long-term forecasts remain divergent, with 2025 projections ranging from conservative $2.10 estimates to optimistic $5.00+ valuations. The current price action suggests accumulation before a potential major move.
THORChain Integration to Enhance XRP Utility in Cross-Chain Trading
XRP’s impending integration with THORChain marks a pivotal development for the digital asset. The decentralized liquidity protocol will enable cross-chain trading of XRP without reliance on centralized exchanges, significantly expanding its use cases in decentralized finance.
THORChain’s infrastructure allows direct swaps between native assets across blockchains. With vault creation and pool bootstrapping imminent, XRP holders gain access to liquidity mining opportunities and frictionless interchain transactions—features previously unavailable to the token.
Market observers anticipate this technical milestone could catalyze renewed interest in XRP, though the $4 price target remains speculative. The integration exemplifies the growing interoperability trend reshaping crypto markets.
Ripple’s RLUSD Stablecoin Seizes European Market Opportunity Amid MiCA Shifts
The European Union’s Markets in Crypto-Assets (MiCA) regulations have triggered a seismic realignment in the stablecoin sector. Tether’s USDT, facing compliance hurdles, exited European exchanges—creating a $150 billion liquidity void that Ripple’s MiCA-compliant RLUSD is now positioned to fill.
Bitstamp’s listing of RLUSD marks a strategic inflection point. Unlike USDT, Ripple’s offering meets MiCA’s stringent requirements: EU-based banking partnerships, transparent reserves, and robust consumer protections. This regulatory arbitrage could redefine Europe’s stablecoin landscape.
Ripple CTO Debunks $237M XRP Buy Theory Amid Market Speculation
A reported $237 million XRP transfer sparked intense speculation before Ripple’s Chief Technology Officer David Schwartz clarified the transaction likely represented an exchange withdrawal rather than a new purchase. The movement of 236,982,972 XRP from Kraken to an unknown wallet—initially flagged by Whale Alert as a $567 million transfer—failed to impact XRP’s price, raising questions about market transparency.
Schwartz’s intervention highlights the crypto sector’s ongoing challenges with accurate transaction interpretation. Despite the substantial volume, the absence of price movement suggests either sophisticated market absorption or potential mischaracterization of whale activity. Such episodes underscore the need for clearer on-chain analytics in digital asset markets.
