XRP Smashes Through $2.30 as DeFi Hype Fuels Rally Ahead of XRPFi Launch

XRP bulls are charging as the token breaches $2.30—just in time for the XRPFi DeFi platform’s debut. Market watchers cite speculative frenzy around the new protocol’s promised ’institutional-grade yields’ (heard that one before?).

The surge comes despite lingering regulatory shadows, proving once again that crypto markets thrive on two things: hopium and short memories. Technical indicators show overbought conditions, but since when has that stopped a proper altseason pump?

Meanwhile, TradFi analysts scramble to explain the move—some things never change.

On the flip side, there’s support around $2.20, with stronger support near $2.08. XRP may revert to the $2.00 region if it falls below these levels. Short-term moving averages and the moving average convergence/divergence continue to point upward for the time being, indicating that bulls are still in charge.