BTCC / BTCC Square / XRP News /
XRP Faces Volatility Amid Economic Shifts But Gains Institutional Backing

XRP Faces Volatility Amid Economic Shifts But Gains Institutional Backing

Author:
XRP News
Published:
2025-05-30 18:19:26
14
3
[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

XRP experienced a significant 6% drop overnight, falling from $2.305 to $2.163, as global economic uncertainty triggered a broader crypto market downturn of 3.1%. This selloff was partly driven by a U.S. court ruling that overturned Trump-era tariffs, leading to risk-off sentiment across digital assets. Despite this volatility, institutional interest in XRP remains strong, with VivoPower securing $121 million for an XRP treasury reserve—a groundbreaking initiative for a public company. Webus International also signaled support, highlighting growing institutional confidence. As of May 31, 2025, XRP’s price has slightly recovered to $2.188, suggesting resilience amid market turbulence. This juxtaposition of short-term price pressure and long-term institutional adoption paints a complex but optimistic picture for XRP’s future.

XRP Drops 6% Amid Global Economic Uncertainty, Despite Institutional Interest

XRP plunged 6% overnight, sliding from $2.305 to $2.163 as broader crypto markets faced a 3.1% downturn. The selloff followed a U.S. court ruling overturning Trump-era tariffs, sparking risk-off sentiment across digital assets.

Institutional demand emerged as a counterbalance. VivoPower secured $121 million for an XRP treasury reserve—a pioneering MOVE for a public company. Webus International later announced plans for a $300 million XRP strategic reserve, hinting at growing corporate adoption.

Trading volume surged to 174.7 million XRP, quadruple the daily average, as prices tested support at $2.16. A fleeting rebound to $2.22 faltered at resistance NEAR $2.204, leaving the token rangebound between $2.195-$2.196 in early trading.

XRP Price Prediction: Analysts Forecast Explosive Rally Ahead of SEC Roundtable

XRP’s recent price volatility has left investors questioning its next move, but top analysts see potential for a significant surge. Veteran trader DonAlt describes the token’s chart as one of the most compelling in the altcoin space, suggesting its 20% gain since late April may be just the beginning.

"What we’re seeing with XRP’s gains is just peanuts compared to what might be around the corner," DonAlt noted, identifying $2.75 as a critical resistance level. A breakout above this threshold could trigger rapid price acceleration. The token’s rebound from April lows has defied broader market uncertainty, currently trading at $2.22 despite recent support level breaches.

Market observers are particularly attentive to XRP’s performance as the SEC roundtable approaches, with some drawing parallels to DonAlt’s accurate late 2024 predictions. The coming weeks may prove decisive for Ripple’s native token as it tests key technical levels.

Nimanode Ignites XRP Ecosystem with $NMA Presale, Eyes 10X Growth Post-Launch

Nimanode, the first no-code AI agent platform built natively on the XRP Ledger (XRPL), is gaining traction with its $NMA token presale. The project aims to revolutionize Web3 automation by enabling users to create and monetize on-chain AI agents without coding expertise. Leveraging XRPL’s speed and cost-efficiency, Nimanode introduces programmable, decentralized labor for tasks ranging from smart contract deployment to DeFi strategy management.

Investor enthusiasm is surging as early adopters position for potential post-launch gains. The platform’s unique value proposition—combining AI accessibility with blockchain utility—has drawn significant attention from the XRP community. Market participants anticipate substantial growth for $NMA, with some projecting 10X returns following the token’s official launch.

Ripple Vs SEC: New Motion From Justin Keener Threatens to Overturn Lawsuit

Justin Keener has reignited legal tensions in the Ripple-SEC case with a reintroduced motion alleging critical evidence on XRP contracts. Filed on May 28, the emergency motion arrives just before procedural deadlines, prompting speculation about its potential to disrupt the case’s trajectory.

The court previously dismissed a similar filing on procedural grounds, casting doubt on this latest attempt. Legal experts note the motion challenges judicial interpretations of the Howey test—a key benchmark for determining securities classification—adding complexity to the high-stakes litigation.

Timing raises eyebrows as the filing precedes the SEC’s status report deadline. XRP community lawyers suggest the motion could influence how courts evaluate investment contract frameworks in cryptocurrency cases, though its procedural hurdles remain significant.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users