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XRP Institutional Adoption Accelerates as Webus International Establishes $300M Treasury

XRP Institutional Adoption Accelerates as Webus International Establishes $300M Treasury

Author:
XRP News
Published:
2025-06-05 02:51:17
18
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

In a significant MOVE signaling growing institutional adoption of XRP, Chinese AI mobility firm Webus International has announced plans to establish a $300 million XRP treasury. Managed by Samara Alpha under a legally structured framework, this reserve is designed to prioritize operational efficiency over speculative gains. The company has filed a Form 6-K with the U.S. SEC, disclosing its XRP holdings funded through savings, debt, and credit—avoiding equity dilution. This development comes as XRP trades at 2.21050000 USDT, reflecting the cryptocurrency's evolving role in corporate liquidity strategies. The initiative underscores a broader trend of institutional players integrating blockchain assets into their financial operations, potentially paving the way for increased mainstream acceptance of XRP.

300M XRP Treasury Move Points to Changes in Corporate Liquidity: Analyst

Webus International, a Chinese AI mobility firm, plans to establish a $300 million XRP treasury aimed at institutional adoption of on-chain assets. Managed by Samara Alpha under a legally structured framework, the reserve emphasizes operational efficiency over speculative gains.

The company filed a Form 6-K with the U.S. SEC, disclosing its XRP holdings funded through savings, debt, and credit—avoiding equity dilution. Analysts interpret this as a broader shift toward programmable crypto assets for corporate liquidity needs.

Pumpius, a crypto analyst, highlights Webus' decision as a potential inflection point for XRP's utility in financial systems. The Hangzhou-based company specializes in AI-driven mobility solutions, including fleet management and automated travel bookings.

XRP Price Prediction For June 5

XRP remains in a precarious position, caught between bearish long-term trends and short-term stabilization. The cryptocurrency has found temporary support between $2.10 and $2.15, a zone attracting significant buying interest. However, the broader outlook hinges on its ability to breach key resistance levels.

Immediate resistance lies at $2.30-$2.34, with further hurdles at $2.44 and $2.56-$2.62. A breakout above these levels could signal a trend reversal, potentially forming an inverse head and shoulders pattern. Failure to surpass $2.34, however, risks confirming a bearish head and shoulders formation—a development that could push prices below $2.

Market participants are watching for decisive closes above $2.34 or $2.44 to gauge directional bias. The current technical setup presents a classic battleground between bulls seeking higher ground and bears defending critical resistance.

Ripple Lawsuit Faces 60-Day Delay as SEC Drops Appeal, Expert Says

The prolonged legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has taken another turn. Judge Analisa Torres denied a joint request from both parties for an indicative ruling, citing procedural improprieties. The motion was filed under the wrong rule of civil procedure, leaving the door open for a refiling—yet neither side has acted in the 20 days since the ruling.

Attorney Fred Rispoli highlights the looming June 16 deadline, when both parties must submit a status update to the U.S. Court of Appeals for the Second Circuit. The absence of a refiled motion could signal strategic maneuvering or an impending settlement. Market participants are closely watching XRP, which remains sensitive to legal developments.

XRP Price Prediction: Bearish Pattern Emerges Amid Key Support and Resistance Levels

XRP's price action remains trapped in a precarious balance between bearish momentum and short-term stabilization. The digital asset currently clings to a critical support zone between $2.10 and $2.15, where buyers have stepped in to prevent further declines. Market participants are watching closely as the token tests immediate resistance between $2.30 and $2.34—a breakout above this level could signal a potential trend reversal.

The formation of a head and shoulders pattern looms as a distinct possibility should XRP fail to overcome current resistance. Such a development WOULD likely trigger renewed selling pressure, potentially driving prices below the $2 psychological threshold. Conversely, sustained closes above $2.44 could suggest the emergence of an inverse head and shoulders formation—a traditionally bullish technical pattern.

Key levels to monitor include the $2.44 interim resistance and the more substantial $2.56-$2.62 range. These technical thresholds will likely determine whether XRP can shake off its bearish tendencies or succumb to further downward pressure in the NEAR term.

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