Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
XRP News Today: XRP Experiences Turbulent Decline Amid Subtle Institutional Acquisition

XRP News Today: XRP Experiences Turbulent Decline Amid Subtle Institutional Acquisition

Bitget-RWA2025/11/02 21:00
By:Bitget-RWA

- XRP trades below $2.50 amid bearish technical indicators and macroeconomic pressures, with RSI at 43 and key EMAs above price. - Institutional adoption grows: Ripple's XRPL sees 8.9% QoQ transaction rise, 6.9M addresses, and SBI Holdings' $10B XRP stake. - Structural upgrades like MPTs with ZKP compliance and Unichain's Ethereum Layer 2 integration expand XRP's enterprise utility. - Seven U.S. XRP ETF applications await SEC approval (99% approval probability by year-end), while RLUSD's market cap surges

The

, 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 . 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.

XRP News Today: XRP Experiences Turbulent Decline Amid Subtle Institutional Acquisition image 0

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

Ledger (XRPL) is increasingly being adopted by businesses, as highlighted in a Q3 2025 Messari report referenced by . 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

Layer 2 solution launched by , has announced it will support XRP, along with (DOGE) and (ZEC), to boost scalability and lower transaction fees, according to a . 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

. 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

. 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.

---

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin Updates: Hong Kong's Cryptocurrency Regulations Ignite Clash Between Digital Assets and Conventional Banking

- Franklin Templeton CEO Jenny Johnson highlights crypto's disruptive potential, framing it as a bridge to traditional finance amid institutional adoption and Bitcoin's "digital gold" appeal. - Hong Kong's SFC reforms enable crypto exchanges to access global liquidity pools, accelerating blockchain integration while maintaining investor protections under Fintech Week 2025 initiatives. - Market volatility contrasts with institutional optimism: Coinbase reports 25% Q3 revenue growth, while Saylor predicts $1

Bitget-RWA2025/11/03 13:22
Bitcoin Updates: Hong Kong's Cryptocurrency Regulations Ignite Clash Between Digital Assets and Conventional Banking

FTSE Russell and Chainlink Transform Markets by Integrating Conventional and DeFi Indices

- FTSE Russell partners with Chainlink to publish market indices onchain via DataLink, bridging traditional and decentralized finance. - The collaboration provides real-time, tamper-proof data for indices like Russell 1000 and FTSE 100 across 50+ blockchains, supporting $18T AUM. - This initiative accelerates tokenized asset adoption and enables next-gen financial products, leveraging Chainlink's $25T-secured infrastructure for institutional-grade trust. - By democratizing access to benchmarks, the partner

Bitget-RWA2025/11/03 13:04
FTSE Russell and Chainlink Transform Markets by Integrating Conventional and DeFi Indices

South Korea's Rapid Growth in Stablecoins Meets Regulatory Hesitation

- South Korea is rising as a key stablecoin hub, balancing innovation with regulatory scrutiny as Tether and local projects reshape global finance. - Tether now holds $135B in U.S. Treasuries, surpassing nations like South Korea and UAE, positioning it as a major Treasury market influencer. - BDACS launched KRW1, a won-pegged stablecoin on Circle's Arc blockchain, aiming to integrate Korean businesses into global blockchain networks. - Bank of Korea warns of depegging risks for private stablecoins, contras

Bitget-RWA2025/11/03 13:04
South Korea's Rapid Growth in Stablecoins Meets Regulatory Hesitation