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XRP Shows Resilience at $2.28 Amid Regulatory Wins and Institutional Adoption

XRP Shows Resilience at $2.28 Amid Regulatory Wins and Institutional Adoption

Author:
XRP News
Published:
2025-06-13 02:26:15
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

XRP has demonstrated notable stability, trading within a narrow range of $2.27 to $2.32 over the past 24 hours, despite broader market fluctuations. The cryptocurrency found strong buying interest at key support levels, with a high-volume zone forming between $2.273 and $2.280. Resistance was observed at $2.315, where price rejections occurred during peak trading hours. This steady performance comes alongside Ripple''s significant regulatory advancements in Dubai and progress on its RLUSD stablecoin initiative, both of which are bolstering investor confidence. As of June 13, 2025, XRP''s resilience and institutional adoption continue to position it as a strong contender in the digital asset space, with potential for further upside as regulatory clarity improves and adoption grows.

XRP Holds Steady Near $2.28 Amid Regulatory Wins and Institutional Adoption

XRP traded within a tight range of $2.27 to $2.32 over the past 24 hours, demonstrating resilience despite broader market volatility. Strong buying interest emerged at key support levels, with a high-volume zone forming between $2.273 and $2.280. Resistance was noted at $2.315, where price rejections occurred during peak trading hours.

Ripple''s regulatory advancements in Dubai and progress on its RLUSD stablecoin initiative provided fundamental support. Institutional adoption gained momentum as Ondo Finance''s OUSG and Digital Commercial Paper (DCP) went live on the XRP Ledger. These developments, administered by Guggenheim Treasury Services and tokenized via Zeconomy, expand access to institutional-grade real-world assets onchain.

The token''s 2.37% price range reflected ongoing market uncertainty, though its ability to maintain support levels signaled underlying strength. A sharp MOVE in the final trading hour suggested accumulating volatility as traders weighed macroeconomic factors against XRPL''s growing institutional infrastructure.

Ripple Positions XRP Ledger as Critical Infrastructure for Asia''s $18.9T Digital Asset Revolution

Ripple is aggressively positioning its XRP Ledger as the foundational infrastructure for Asia Pacific''s digital asset transformation, coinciding with the region''s leadership in blockchain-based financial solutions. The company announced continued business growth across Asia Pacific during Apex 2025 in Singapore, the largest annual XRPL summit and its first edition in the region.

Strategic partnerships underscore Ripple''s expansion. Collaboration with StraitsX has brought the Singapore dollar-backed stablecoin XSGD to the XRP Ledger, enabling real-time cross-border payments. In South Korea, BDACS provides secure custody solutions for XRP and RLUSD, supporting institutional adoption.

Asia Pacific is emerging as the epicenter of the global tokenization boom. A joint report by Ripple and Boston Consulting Group projects the market for tokenized real-world assets to reach $18.9 trillion by 2033, with Japan, Singapore, and Hong Kong leading pilot programs.

Binance Denies XRP Withdrawal Suspension Amid Community Concerns

Binance has refuted claims of a temporary halt in XRP withdrawals, dispelling community concerns sparked by user reports on social media. The confusion arose after screenshots circulated showing a message indicating Ripple''s network was suspended. This incident echoes a similar event in late 2024 when XRP withdrawals were paused due to market volatility.

The exchange confirmed XRP withdrawals remain operational without disruption. A Binance spokesperson emphasized the platform''s stability, stating withdrawals are processing normally. Such reports often trigger panic among investors, reigniting debates over the risks of centralized custody versus self-custody in crypto.

The ''not your keys, not your crypto'' MANTRA resurfaced as users questioned exchange reliability during periods of market turbulence. Binance''s swift clarification aims to maintain trust, but the episode underscores persistent tensions between convenience and security in digital asset management.

VivoPower to Deploy $100M in XRP on Flare, Adopts Ripple''s RLUSD for Treasury

VivoPower International, a Nasdaq-listed company pivoting toward digital asset treasury management, has committed $100 million worth of XRP to Flare Network''s yield-generating ecosystem. The partnership leverages Flare''s FAssets system, enabling XRP—a non-smart contract token—to interact with DeFi protocols for the first time at scale.

The firm will utilize Flare-native protocols like Firelight to generate returns, reinvesting proceeds to expand its XRP position. Simultaneously, VivoPower will adopt Ripple''s RLUSD stablecoin as its cash-equivalent reserve, citing compliance and stability as critical for next-generation treasury operations.

"Holding XRP passively no longer suffices," said CEO Kevin Chin. "Shareholders demand productive asset deployment—RLUSD integration anchors this strategy." For Flare, the deal validates institutional use cases for its infrastructure. Co-founder Hugo Philion emphasized FAssets'' role as a "gateway," allowing traditional assets to access DeFi yields without compromising security.

XRP Ledger Secures Institutional Milestone with $670M Treasury Fund Launch

Ripple''s XRP Ledger has achieved a watershed moment in institutional adoption with the live deployment of ONDO Finance''s $670 million tokenized U.S. Treasury fund. The OUSG product now enables 24/7 trading of Treasury securities for qualified investors, settled through Ripple''s RLUSD stablecoin.

This marks the first major Treasury instrument to launch natively on XRPL, positioning the blockchain as a credible competitor to traditional finance giants like BlackRock. The fund''s $670M TVL demonstrates growing institutional comfort with blockchain-based asset tokenization.

"Public blockchains are now mature enough for institutional assets," noted RippleX''s Markus Infanger. The integration leverages XRPL''s native tokenization capabilities and compliance features, including built-in DEX functionality and decentralized identity verification.

Ondo Finance Launches $693M Treasury Token on XRP Ledger Amid RWA Boom

ONDO Finance has introduced its U.S. treasury-backed token on the XRP Ledger (XRPL), marking a significant step in bridging traditional finance with decentralized ecosystems. The Ondo Short-Term U.S. Government Treasuries (OUSG) token, initially seeded with $30 million for liquidity, allows qualified investors to mint and redeem around the clock using Ripple''s RLUSD stablecoin.

The move aligns with the explosive growth of tokenized real-world assets (RWAs), where U.S. Treasury products alone have surged from $1.7 billion to $7.2 billion in market value over the past year. These instruments provide crypto-native investors with yield-bearing alternatives to volatile digital assets while serving as collateral for DeFi protocols.

"This integration delivers composable infrastructure where TradFi meets DeFi," stated Ondo''s Chief Strategy Officer Ian De Bode. The rollout follows through on the platform''s January roadmap commitment to onboard institutional cash management tools within six months.

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