XRP Open Interest Surges to $4.56B as SEC Reviews WisdomTree Trust Amid Market Stability

XRP futures open interest has surged to $4.56 billion as the U.S. Securities and Exchange Commission (SEC) begins a formal review of the WisdomTree XRP Trust, indicating growing institutional interest in the cryptocurrency. Leading exchanges such as Binance, Bybit, and Gate.io are driving this activity, with Binance alone accounting for $895.58 million in positions. Despite the significant capital inflow, XRP’s price has remained remarkably stable at around $2.30, defying broader market rallies. Technical analysis shows the current xrp price at 2.12230000 USDT, suggesting a period of consolidation. This development highlights the increasing institutional confidence in XRP, even as regulatory scrutiny continues. The SEC’s review of the WisdomTree Trust could pave the way for further adoption, making this a critical moment for XRP’s future in the digital asset space.

XRP Open Interest Nears $5B Amid SEC Review of WisdomTree Trust

XRP futures open interest surged to $4.56 billion as the SEC initiated a formal review of the WisdomTree XRP Trust, signaling heightened institutional interest. Binance led exchange activity with $895.58 million in positions, followed by Bybit ($760M) and Gate.io ($750M). Despite the capital influx, XRP’s price remained stubbornly flat at $2.30, demonstrating unusual stability during broader market rallies.

Technical analysis reveals a delicate equilibrium—repeated rejections at $2.40 formed multiple equal highs, while $2.20 stands as critical support. The market appears to be consolidating energy before its next directional move, with options volatility likely to intensify as open contracts accumulate.

VivoPower Raises $121 Million to Establish XRP Treasury Reserve

Nasdaq-listed VivoPower International has secured $121 million in a private offering, with plans to allocate a majority of the proceeds toward building an XRP treasury reserve. The energy company becomes the first publicly traded firm to adopt such a strategy, signaling institutional confidence in the digital asset despite recent price declines.

The investment was spearheaded by His Royal Highness Prince Abdulaziz bin Turki Abdulaziz Al Saud, who emphasized the groundbreaking nature of the XRP-focused treasury approach. "We are honored to lead this capital raising for a company pioneering institutional adoption of XRP," the Prince stated in the announcement.

XRP’s market performance showed muted reaction to the news, with prices dipping 2% on the day of announcement and weekly losses exceeding 5%. This divergence between fundamental developments and price action highlights the complex dynamics shaping cryptocurrency valuations.

XRP Price Targets Recovery — Signs of Strength Emerging

XRP price shows tentative signs of recovery after dipping below $2.320, with traders eyeing a potential breakout above the $2.350 resistance level. The asset found support at $2.220 and has since breached several technical levels, including a bearish trend line at $2.2920 on the XRP/USD hourly chart.

Market dynamics diverge from Bitcoin and ethereum as XRP demonstrates relative strength during this corrective phase. The 50% Fibonacci retracement level of the recent downward wave has been conquered, though bears remain active near the psychologically important $2.30 threshold.

Critical resistance now looms at $2.3250, coinciding with the 76.4% Fib level. A decisive MOVE above $2.350 could propel prices toward $2.40, while failure to hold current levels may trigger another leg down.

XRP Price Dips Amidst Rising Volume as Traders Reposition

Ripple’s XRP edged lower to $2.28, marking a 0.29% decline, while trading volume surged 22.91% to $2.6 billion. The divergence suggests active profit-taking or portfolio rebalancing ahead of potential price movements.

The token maintains a 4.58% weekly gain, with market capitalization holding at $134 billion. Meanwhile, SPX6900, Toncoin and Lido DAO led gainers in the broader market, while Vaulta and Bittensor underperformed.

Market dynamics reflect the cryptocurrency sector’s characteristic volatility, where volume spikes often precede directional breaks. Traders appear to be positioning for XRP’s next leg as the digital asset consolidates NEAR recent levels.

Saudi Royals Lead $121M XRP Investment Amid SEC Settlement Talks

XRP’s price trajectory has entered uncharted territory following a $121 million private placement led by Saudi royalty. His Royal Highness Prince Abdulaziz bin Turki Abdulaziz Al Saud’s investment in VivoPower International marks the first publicly traded company adopting an XRP-centric treasury strategy, signaling institutional confidence rarely seen in digital asset markets.

The capital injection coincides with a pivotal SEC closed meeting scheduled for May 29, where regulators may determine the fate of Ripple’s ongoing legal battle. Market analysts correlate the timing with heightened volatility across cryptocurrency markets, as traders position for potential regulatory clarity that could propel XRP toward projected $2.91 targets.

Binance’s trading charts reflect escalating bullish sentiment, with the Saudi-backed investment creating structural demand for XRP. The convergence of institutional adoption and regulatory milestones presents a watershed moment for Ripple’s native token, potentially reshaping its role in global digital asset markets.

Analyst Predicts XRP Surge to $25-$75 in June Amid Key Catalysts

A crypto analyst known as ’The Real Redmi Relief’ forecasts a dramatic rise in XRP’s value, projecting a June price target between $25 and $75. The prediction hinges on several high-impact events slated for mid-2025, including Elon Musk’s anticipated rollout of X payments, which could integrate XRP as a payment option, amplifying its real-world utility.

Regulatory tailwinds may further fuel the rally. The proposed ’Genius Act,’ expected in June, promises clearer guidelines for digital assets, potentially removing adoption barriers. Meanwhile, the ongoing SEC lawsuit against Ripple could reach a pivotal resolution, eliminating years of regulatory uncertainty that have weighed on XRP’s market performance.

Market observers note these converging factors could propel XRP to record highs, though skeptics caution that macroeconomic conditions and broader crypto market trends remain wild cards. The altcoin last traded above $3 during its January 2018 peak.