Once overshadowed by legal challenges, XRP is now regaining prominence as growing institutional interest and clearer regulations usher in a new era. Plans for a
The upcoming Nasdaq entry, spearheaded by Evernorth—a firm targeting a $1 billion capital raise—signals a major turning point. Evernorth intends to hold
Regulatory transparency has already fueled significant momentum. XRP now ranks among the top ten cryptocurrencies by spot trading volume, and derivatives activity has surged. Open interest on leading exchanges has tripled, and daily futures trading surpasses $10 billion. Analysts such as Raoul Pal attribute this to “large-scale investors positioning themselves” ahead of regulated product rollouts, including possible XRP ETFs. While no ETF has been approved yet, several asset managers have filed applications, and if the market follows Bitcoin’s ETF trajectory, inflows could reach $5–8 billion in the first year.
Still, technical analysis presents a mixed outlook. Despite robust liquidity and institutional engagement pointing to potential gains, recent price movements have raised alarms. XRP recently slipped below a crucial $2.5 support, sparking a sell-off that drove the price down to $2.18, as highlighted in a
The broader expansion of the XRP ecosystem remains uncertain. Ripple’s stablecoin, RLUSD, has climbed to an $874 million valuation, reflecting trust in its cross-border payment capabilities. However, decentralized finance (DeFi) activity on the XRP Ledger has been sluggish, with total value locked falling to $86 million and DEX trading volume dropping to $6.1 million, according to an
Despite ongoing price swings, the shift in perception is clear. XRP has transitioned from a payments-focused token to a liquidity asset, with institutions now viewing it as a strategic holding. The next few months will be crucial: if the Nasdaq listing is successful and ETFs gain approval, XRP could solidify its position in the crypto ecosystem. For now, the market is divided between those anticipating a return to $3.66 and others preparing for a possible drop to $2.