XRP Gains Momentum as UK Leads Global Crypto Adoption Surge
The United Kingdom has emerged as the fastest-growing cryptocurrency market globally, with ownership rates surging from 18% to 24% year-over-year, according to Gemini’s State of Crypto report. This remarkable growth outpaces traditional crypto hubs like the U.S. and Singapore, even amid regulatory uncertainty in London. Europe as a whole is showing strong adoption momentum, further solidifying the region’s position in the crypto landscape. Meanwhile, XRP continues to demonstrate resilience, with its current price at 2.29110000 USDT. As regulatory frameworks evolve and adoption spreads, XRP and other digital assets are poised to benefit from this global shift toward cryptocurrency ownership and usage.
UK Leads Global Crypto Ownership Surge Amid Regulatory Uncertainty
The United Kingdom has emerged as the fastest-growing cryptocurrency market globally, with ownership rates jumping from 18% to 24% year-over-year according to Gemini’s State of Crypto report. This growth outpaces traditional hubs like the U.S. and Singapore, despite the absence of comprehensive regulation in London.
Europe now demonstrates the strongest regional adoption momentum, though Singapore maintains the highest individual ownership rate at 28%. The UK’s grassroots adoption wave is reshaping institutional and retail investment strategies across digital asset markets.
Nasdaq-Listed VivoPower Announces XRP Treasury Strategy with $121M Funding Led by Saudi Prince
VivoPower International, a Nasdaq-listed energy firm, has secured $121 million in a private share placement to pivot toward a digital asset treasury strategy centered on XRP. The funding round was spearheaded by Saudi Prince Abdulaziz bin Turki Abdulaziz Al Saud, who contributed $100 million through Eleventh Holding Company. VivoPower aims to become the first publicly traded company to structure its corporate treasury around XRP, signaling growing institutional confidence in the asset.
The company will issue 20 million ordinary shares at $6.05 each, a premium to its previous closing price of $6.04. News of the strategic shift sent VivoPower shares soaring as much as 26%, with gains stabilizing at 11% to trade near $6.75. Former Ripple Asia executive Adam Traidman has joined the firm as chairman of its advisory board, lending further credibility to its XRP-focused ambitions.
VivoPower’s plan includes direct purchases of XRP and infrastructure development on the XRP Ledger (XRPL). The move reflects a broader trend of traditional firms embracing digital assets, with Middle Eastern capital playing an increasingly prominent role in crypto ecosystem growth.
XRP Targets $13 to $22 as Yearly Candle Formation Signals Major Breakout
XRP is consolidating between $2.27 and $2.65 after a strong Q1, with its current price at $2.29—a marginal 0.87% dip. The yearly chart reveals a rare bullish engulfing pattern in Candle 12, suggesting a potential momentum shift. Traders are eyeing Candle 13 for confirmation of a breakout toward $13–$22.
A decisive close above $3.40 could ignite a rally, while a drop below $1.85 may invalidate the bullish thesis. The 12-month chart’s structure, particularly the sequential higher closes from Candle 5 through Candle 12, underscores the significance of this technical setup.
XRP Price Prediction: Crypto Analyst Sets $6.29 Target Amid SEC Conference Tensions
A prominent crypto strategist has projected a bullish $6.29 price target for XRP, sparking Optimism in the Ripple community despite ongoing regulatory uncertainty. The token, currently trading around $2.28, has shown resilience by holding support at $2.30 during its three-week consolidation phase.
Technical indicators paint a mixed picture. While the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) currently show bearish signals, the analyst believes XRP’s consolidation strengthens its case for breaking resistance levels. The forecast suggests a potential 170% rally, with intermediate targets at $4.50 before reaching the $6.29 milestone.
The timing coincides with heightened market anticipation surrounding the SEC’s upcoming digital assets conference, adding both volatility and opportunity to the XRP landscape. "You can truly hit the gas now, go all-in on XRP," the analyst urged, pointing to repeated tests of the $2.30 support zone as a sign of underlying strength.
