The
XRP token
, which serves as Ripple’s primary digital asset, has experienced increased price swings, currently trading below $2.50 amid negative technical signals and broader economic pressures. Open Interest (OI) has recovered from a monthly trough of $3.49 billion but is still well beneath July’s high of $3.66 billion. The price trend for XRP remains under bearish control, with the token sitting under major moving averages: the 200-day EMA at $2.60, the 50-day EMA at $2.67, and the 100-day EMA at $2.72. This points to a market dominated by sellers, according to an
FXStreet forecast
. The Relative Strength Index (RSI) has slipped to 43, indicating intensifying downward momentum, and analysts are watching the $2.18 support level as crucial, the FXStreet report notes.
Despite these headwinds, some bulls remain cautiously hopeful. Should XRP reclaim the $2.50 mark, it could spark a reversal in trend, especially since the Moving Average Convergence Divergence (MACD) has maintained a buy signal since late October, according to FXStreet. On the institutional side, the narrative is shifting. Ripple’s
XRP
Ledger (XRPL) is increasingly being adopted by businesses, as highlighted in a Q3 2025 Messari report referenced by
Bitcoinist
. Daily transaction volume climbed 8.9% quarter-over-quarter to $1.8 million, and the number of active sender addresses jumped 15.4% to 23,300, according to Bitcoinist. The network now counts 6.9 million total addresses, a 6.1% increase from the previous quarter, signaling a move from retail to institutional users, as reported by Bitcoinist.
Ongoing upgrades are also attracting more institutional players. XRPL has recently rolled out Multi-Purpose Tokens (MPTs) that include metadata for real-world asset (RWA) details, as well as confidential MPTs protected by zero-knowledge proofs (ZKPs) to address compliance requirements, according to Bitcoinist. These innovations equip the ledger to handle tokenized assets and financial data streams, making it more appealing to enterprises. Meanwhile, seven U.S. spot XRP ETF proposals are awaiting SEC review, with prediction markets giving a 99% chance of approval by the end of the year, as cited by Bitcoinist.
Strategic partnerships are further broadening XRP’s use cases. Unichain, a new
Ethereum
Layer 2 solution launched by
Uniswap
, has announced it will support XRP, along with
Dogecoin
(DOGE) and
Zcash
(ZEC), to boost scalability and lower transaction fees, according to a
BitcoinWorld report
. This development could open the door for new DeFi opportunities for XRP, enabling quicker and more cost-effective transactions within the Ethereum network, BitcoinWorld suggests.
On the institutional side, major global players are steadily accumulating XRP, with Japan’s SBI Holdings reportedly holding $10 billion worth of the token—the largest corporate holding, according to a
Coinpedia report
. Ripple’s RLUSD, a stablecoin pegged to the U.S. dollar, has also seen significant growth, with its market capitalization rising 34.7% to $789 million in Q3 2025, Coinpedia reports. The stablecoin’s adoption by platforms like Bybit and African fintech companies highlights its growing role in facilitating cross-border payments.
Nevertheless, the short-term outlook remains uncertain. XRP’s price recently fell to $2.44, its lowest since October 24, as the market reacted to the Federal Reserve’s rate cut and developments in U.S.-China trade, according to a
Crypto.News analysis
. Futures open interest dropped to $4.26 billion, a sharp decline from the $11 billion peak earlier this year, Crypto.News also noted. Still, there are positive drivers ahead, such as the potential approval of ETFs and RLUSD’s planned expansion into Japan by 2026, Coinpedia adds.
As the market weighs technical challenges against ongoing structural improvements, XRP’s future will depend on institutional trust and regulatory developments. With new infrastructure and key partnerships in place, the token’s long-term prospects remain strong, even as short-term volatility continues, as highlighted in the FXStreet, Bitcoinist, and Coinpedia reports.
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