XRP News Today: Ripple's Strategic Move in Infrastructure: XRP Set to Surge Toward $2.65 as Institutional Interest Rises
- Ripple acquires Hidden Road as Ripple Prime, integrating RLUSD and XRP Ledger to boost institutional crypto adoption via a $1.25B deal. - XRP futures volume hits $27B, with OI-weighted funding rates rising to 0.0059%, signaling growing institutional bullish sentiment. - Evernorth Holdings plans a publicly traded XRP treasury, holding $639M in XRP, while technical indicators suggest a potential $2.65 breakout. - Analysts project $5-10B inflows from XRP ETF approvals, citing historical leverage effects tha
XRP Price Surges as Buyers Anticipate Major Technical Breakout
Ripple’s high-profile acquisition of Hidden Road has sparked fresh enthusiasm within the
Traders are reacting to this development, with XRP futures on CME Group reaching nearly $27 billion in notional volume over the last five months, as highlighted in an
Institutional backing for XRP is on the rise. Evernorth Holdings Inc., supported by Ripple, now holds 261 million XRP, worth $639.45 million, as reported by
Technical analysis points to a possible breakout for XRP. Analyst Ali, in a
The outlook for XRP is further strengthened by hopes for spot ETF approvals. Should regulators approve XRP ETFs, inflows could rival Bitcoin’s $61.8 billion milestone, with initial investments projected at $5–10 billion, as previously estimated by Coinotag. Analysts such as Steven McClurg from Canary Capital note that past leverage effects have caused XRP’s market cap to soar over 272 times with relatively small inflows. If institutional adoption follows trends seen with
Industry experts like Bill Morgan remain optimistic about XRP’s long-term prospects, viewing it as a strong contender for 2026 alongside
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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