XRP at a Crossroads: Potential Breakout or 30% Correction Ahead
XRP is currently trading NEAR a critical technical level, with support at $2.25 and resistance at $2.69. The token’s inability to form higher highs has raised concerns about its bullish momentum, leaving traders to speculate between a potential breakout or a significant correction. Analyst CasiTrades highlights the rebound from $1.90 as a sign of underlying demand but cautions that the recovery lacks conviction. As of May 24, 2025, the market watches closely to see which direction XRP will take.
XRP Approaches Critical Juncture with Potential Price Volatility Ahead
XRP hovers near a decisive technical threshold, clinging to support at $2.25 while facing stiff resistance at $2.69. The token’s failure to establish higher highs casts doubt on bullish momentum, leaving traders weighing two stark possibilities: a breakout toward new peaks or a 30% corrective plunge.
Analyst CasiTrades notes XRP’s rebound from $1.90 demonstrates underlying demand, but warns the recovery lacks conviction without a clear breach of $2.69. Market participants remain in watchful waiting as low-volume gains fail to confirm either directional bias.
First-Ever XRP Futures ETF to Launch on Nasdaq
Volatility Shares is set to make history with the launch of the first-ever 1x XRP Futures ETF, trading under the ticker $XRPI on Nasdaq. This milestone marks a significant step forward for Ripple’s native token, positioning it alongside Bitcoin and ethereum in the ETF arena.
Bloomberg ETF analyst Eric Balchunas highlighted the potential demand for the product, noting the strong performance of existing crypto-linked investment vehicles. The 2x XRP ETF, already on the market, boasts $120 million in assets under management and daily trading volume of $35 million.
The introduction of $XRPI signals growing institutional interest in XRP and broader crypto adoption. Nasdaq’s listing provides mainstream investors with regulated exposure to xrp price movements through futures contracts.
Why XRP Price Skyrocketed After the U.S. Election: Report Explains
XRP surged following the 2024 U.S. presidential election, driven by regulatory Optimism under the new administration. A report in the American Bankruptcy Law Journal links the rally to Trump’s pro-crypto stance, including pledges to foster innovation, clarify regulations, and reduce government interference in digital assets.
Investor confidence grew as XRP’s price jumped sharply post-election, reflecting market approval of these policies. In contrast, Kamala Harris’s ambiguous position had previously created uncertainty.
The SEC’s leadership change further bolstered XRP, as the new appointee is perceived as favorable toward Ripple in its ongoing legal battle. This shift signals a potential turning point for crypto regulation under the current administration.
Braza Group Launches USDB Stablecoin on XRP Ledger
Braza Group has introduced USDB, a dollar-pegged stablecoin, on the XRP Ledger—a blockchain optimized for cross-border asset transfers. The token is fully collateralized by U.S. and Brazilian government bonds, with regular audits to verify reserves.
This deployment leverages XRPL’s speed and decentralization to facilitate global value movement. The stablecoin targets institutional and retail use cases requiring currency stability without traditional banking intermediaries.
XRP Gains Momentum Amid ETF Surge and Regulatory Optimism
XRP surged over 3% as trading volumes spiked 45% to $4.33 billion, fueled by institutional interest and ETF developments. The CME XRP Futures ETF saw $6 million in volume, outpacing rival altcoin products, while Volatility Shares launched its XRP Futures ETF on Nasdaq under the ticker $XRPI—with plans for a Leveraged version.
Ripple’s legal battles with the SEC haven’t deterred institutional confidence. The proposed GENIUS Act, if passed, could provide a tailwind for Ripple’s RLUSD stablecoin, adding regulatory clarity to the ecosystem.
Market activity reflects growing optimism. Whale movements, ETF inflows, and legislative progress converge to signal a potential inflection point for XRP.
XRP Investors Flock to XpFinance Presale as Lending Protocol Demo Nears
XRP-centric decentralized finance project XpFinance has attracted significant early interest, filling over 20% of its 100,000 XRP presale target within days. The strong demand suggests growing confidence in XRP ecosystem projects following Ripple’s recent $50 million settlement and XRP’s price surge past $2.40.
The platform promises to deliver a fully decentralized lending and borrowing protocol, with a working demo scheduled for release next week. Market observers note the timing aligns with renewed institutional interest in XRP-related infrastructure projects.