XRP Faces Critical Juncture as Price Tests Key Support Levels Amid Institutional Shifts

XRP's price has recently breached a critical support level at $2.30, leading to a swift decline to $2.10, where buyers stepped in to halt further losses. The cryptocurrency now stands at a pivotal moment: maintaining above $2.10 could pave the way for a recovery, while failing to hold this level risks a psychological breakdown below the $2 threshold. Despite the bearish pressure, technical indicators offer a glimmer of hope, with moving averages and oscillators flashing buy signals, suggesting potential upward momentum. Meanwhile, institutional players appear to be shifting their focus, with some large holders reportedly moving to rival Remittix, adding another layer of uncertainty to XRP's near-term outlook. As of June 4, 2025, XRP is trading at $2.2539 USDT, leaving investors closely watching for the next decisive move.

XRP Price Loses Key Support As Large Holders Shift to Rival Remittix

XRP's price has breached a critical support level at $2.30, triggering a swift decline to $2.10 where buyers intervened. The token now faces a pivotal moment—holding above $2.10 could spark recovery, while failure risks a psychological breakdown below the $2 threshold. Technical indicators offer a glimmer of hope, with moving averages and oscillators flashing buy signals.

Meanwhile, institutional players are quietly accumulating positions in Remittix, a cross-border payments disruptor targeting a $250 trillion market. The migration of large holders suggests growing skepticism about XRP's near-term prospects and appetite for emerging alternatives. Market dynamics now pit XRP's established network effects against Remittix's untapped potential—a contest that could redefine the payments crypto landscape by 2025.

BVNK Partners with LianLian to Enhance Cross-Border Payments via Stablecoins

London-based stablecoin connector BVNK has teamed up with Chinese cross-border payments firm LianLian Global, expanding access to digital asset liquidity for merchants in over 100 countries. The integration automatically converts stablecoin deposits to USD, leveraging LianLian's extensive payment network.

The stablecoin market, projected to reach between $1.6 trillion and $3.7 trillion by 2030, continues gaining traction in global finance. BVNK processes over $12 billion in annual stablecoin transactions and counts Visa and Worldpay among its partners. LianLian previously utilized Ripple's technology for cross-border settlements.

"This collaboration turns idle digital assets into instant cross-border payment fuel," said BVNK CEO Jesse Hemson-Struthers. The partnership aims to dismantle technical barriers for businesses seeking faster money movement through blockchain-based payment rails.

Webus International Files SEC Form for $300M XRP Treasury Strategy

Webus International has filed a FORM 6-K with the SEC, confirming a strategic framework for potential digital asset treasury operations centered on XRP. The mobility company's agreement includes an authorized mandate of up to $300 million, signaling significant institutional interest in the cryptocurrency.

The Delegated Digital-Asset Management Agreement appoints a professional manager to oversee Webus's future XRP holdings. This MOVE highlights growing corporate adoption of blockchain-based assets for treasury management, with XRP emerging as a preferred choice for large-scale institutional strategies.

XRP Defies Market Uncertainty Amid Global Trade Tensions

XRP edged higher over the past 24 hours, climbing from $2.194 to $2.264 despite broader market volatility. The token's resilience comes as global trade tensions escalate, with major economies imposing new tariffs that have unsettled traditional markets. Ripple's focus on cross-border payments appears to be shielding XRP from the institutional outflows plaguing other digital assets—CoinShares reported $28.2 million in outflows for the second consecutive week.

Technical indicators painted a mixed picture for day traders, with strong support forming at $2.190-$2.195. Resistance emerged at $2.284 during peak trading hours, accompanied by a notable volume spike. The U.S. government's Digital Asset Stockpile—which includes XRP—continues to serve as a fundamental bullish factor since its March 2025 announcement.

Ripple's strategic moves suggest broader ambitions. CEO Brad Garlinghouse denied acquisition talks with Circle while advancing RLUSD stablecoin integration as on-ledger collateral. The company's purchase of Hidden Road signals infrastructure plays bridging DeFi and traditional finance. Meanwhile, tokenized real estate experiments in the UAE demonstrate practical blockchain applications beyond speculation.