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XRP’s Dominance and Uphold’s Potential Acquisition: A Game-Changer for Crypto Markets

XRP’s Dominance and Uphold’s Potential Acquisition: A Game-Changer for Crypto Markets

Author:
XRP News
Published:
2025-06-28 13:37:16
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Pro-Ripple attorney John Deaton has ignited market speculation with a bold prediction that Uphold, a crypto exchange deeply integrated with XRP, could soon be acquired by a major financial player. Uphold's latest transparency report underscores XRP's staggering dominance, with $4.54 billion of its $6.61 billion reserves—nearly 70% of total holdings—held in the cryptocurrency. This revelation, coupled with Uphold's strategic processing of 26 million XRP transactions, highlights the platform's pivotal role in the XRP ecosystem. As of June 2025, this development signals potential seismic shifts in the crypto landscape, with XRP's prominence and institutional interest reaching new heights. The possible acquisition could further solidify XRP's position as a cornerstone of digital asset finance, attracting broader adoption and investment.

John Deaton Foresees Major Acquisition for Uphold, Highlights XRP Dominance

Pro-Ripple attorney John Deaton has sparked market speculation with a bold prediction: Uphold, the crypto exchange deeply integrated with XRP, may soon be acquired by a major financial player. The platform's latest transparency report reveals staggering XRP dominance—$4.54 billion of its $6.61 billion reserves, representing nearly 70% of total holdings.

Uphold's strategic moves—including 26 million processed XRP transactions and recent USDC integration on the XRP Ledger—position it as a prime acquisition target. Deaton's tweet alluded to potential suitors spanning both crypto and traditional finance giants, though specific names remain undisclosed. The exchange's fully-backed reserve model (100.6% collateralization) further strengthens its appeal for institutional buyers seeking XRP ecosystem exposure.

Teucrium CEO Projects $8B+ Demand for XRP ETF as Approval Odds Surge to 90%

Institutional momentum around XRP is accelerating, with Teucrium ETFs CEO Sal Gilbertie predicting spot ETF demand could far exceed Wall Street's $4-8 billion estimates. "They're underestimating the XRP community and Ripple's role in crypto's future," Gilbertie stated at XRP Las Vegas 2025, suggesting inflows might top $8 billion.

The 2x Leveraged XRP ETF's explosive start - $5M debut volume and $122M AUM in seven weeks - signals strong institutional appetite. Polymarket now prices XRP ETF approval at 90% odds as the SEC's 2025 decision window approaches.

Gilbertie's Bloomberg interview highlighted XRP's unique utility proposition, distinguishing it from speculative peers. This fundamental strength, combined with Ripple's regulatory clarity, positions XRP as a frontrunner in the coming ETF wave.

XRP Price Under Pressure as Profit-Taking Increases

XRP has surged over 300% since October 2024, breaching the $2 mark, but faces mounting resistance NEAR $2.20 as early investors cash in gains. Glassnode data shows $68.8 million in realized profits this month—the highest in a year—as long-term holders who accumulated below $0.60 unwind positions.

Despite Ripple's regulatory wins and expansion into tokenized assets, the supply overhang from profit-taking is capping upside. The broader altcoin market remains weak, with CryptoQuant reporting a $36 billion net outflow from non-BTC/ETH tokens over the past year.

Ripple Advocates for UK Crypto Leadership with Four-Point Policy Blueprint

Ripple has positioned London as the potential epicenter of Western crypto innovation, urging UK lawmakers to accelerate regulatory clarity. At its June 18 Policy Summit, the firm outlined a strategy hinged on four pillars: growth-oriented regulation, global standard-setting, stablecoin integration, and removing tokenization barriers. "The UK has a window to become the definitive blockchain hub," said Ripple's Cassie Craddock, linking the call to action with the Treasury's April 29 draft Cryptoassets Order.

The push coincides with Ripple's $1.25 billion acquisition of London prime broker Hidden Road—a bet on Britain's regulatory trajectory. XRP's role in this vision remains pivotal, though the blueprint avoids coin-specific prescriptions. Market observers note the implicit challenge to US dominance as jurisdictions like the UK advance tailored crypto frameworks.

How High Will XRP Price Go After Lawsuit?

The prolonged Ripple vs SEC case faces another delay, shifting investor sentiment as on-chain signals and technical indicators suggest an inflection point for XRP. Speculation around XRP ETFs, global partnerships, and Ripple's integration into financial systems raises questions about its post-lawsuit price potential.

Whale activity surged in June 2025, with XRP recording its highest number of transactions exceeding $1 million this year. This accumulation by institutional players and high-net-worth individuals signals anticipation of a favorable legal outcome—historically a precursor to strong rallies.

Transaction volume surpassed $8.5 billion, the highest since February, reflecting growing utility of the XRP Ledger in cross-border payments. Market participants now watch for legal clarity to unlock the next phase of price discovery.

XAO DAO Launches First Decentralized Governance Platform on XRP Ledger

XAO DAO has launched as the first decentralized autonomous organization on the XRP Ledger, enabling XRP holders to participate in governance without the need for a new token. Voting power is determined by XRP holdings at the time of snapshot, ensuring equitable influence.

The platform will fund XRPL developers and startups through strategic grants, leveraging XRP for all governance operations. This approach avoids the volatility associated with new token launches while maintaining transparency.

The MOVE comes amid surging activity on the XRPL, which has seen a 700% increase in daily addresses. Whale wallet movements suggest growing institutional interest in the ecosystem.

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