Singapore
Raise It With Press Release
TechnologyCommerce / LifestyleFood / BeverageEducationReal Estate / Architecture
Get Guaranteed Publications in minimum 40 Media Outlets for Just S$50
Try it >>
press release

/ XRP News Today! XRP Price Breakout? Check Out the Analysis Here

XRP News Today! XRP Price Breakout? Check Out the Analysis Here

Bitrue
Explore the latest XRP developments, including Saudi-led investments, corporate treasury strategies, and the rise of XRP 2.0. Is a price breakout coming? Discover the full analysis and what it means for the future of crypto.
preview

XRP has once again found itself in the limelight. From political endorsements to major corporate treasury strategies, a series of high-profile developments have reaffirmed XRP’s evolving role in global finance.

As institutional interest surges and new use cases emerge, the XRP ecosystem, along with its innovative counterpart XRP 2.0, is entering a critical stage in its evolution.

Saudi Investment Sparks XRP Treasury Strategy

In a landmark development, sustainable energy company VivoPower International (Nasdaq: VVPR) announced it had secured $121 million in private capital, led by Saudi Prince Abdulaziz bin Turki Abdulaziz Al Saud, to launch what is possibly the world’s first XRP-focused corporate treasury strategy.

The investment is set to be transformative. Former Ripple board member Adam Traidman has joined the initiative, taking the helm as chair of VivoPower's board of advisors.

According to a May 28 statement, the company plans to use the capital to acquire XRP, expand infrastructure related to the XRP Ledger, and reduce existing debts. Shares were sold at $6.05, marking a premium over the then-market price of $4.90.

Prince Abdulaziz explained his meeting with U.S. President Donald Trump, who recently announced XRP would be included in the U.S. government’s digital asset reserve, was the final push to take action.

“We are honored to be leading this capital raising for a company that will be the first in the world executing on an XRP-focused treasury strategy,” he stated.

Webus International Joins the XRP Momentum

Hot on VivoPower’s heels, Webus International, a Chinese AI-powered mobility firm, revealed on May 29 its intention to raise up to $300 million through non-equity financing to build an XRP reserve.

The capital will support global expansion of its chauffeur services, emphasizing real-time cross-border payments using XRP.

CEO Nan Zheng highlighted the plan’s strategic alignment with the firm’s “borderless travel” vision. The XRP reserve will underpin a Web3 loyalty program, on-chain booking records, and instant settlements between passengers and drivers—all without issuing new shares, thus preserving equity value.

The announcement also included a renewed multi-year partnership with Tongcheng Travel Holdings, connecting Webus to one of China’s largest online travel user bases.

XRP’s Recent Price Journey: A Rollercoaster Ride

Despite this wave of positive news, XRP's price has shown volatility. After peaking at $3.31 in January 2025, boosted by Donald Trump’s electoral victory and the promise of a crypto-friendly administration, the token has since declined 34% to $2.18 as of May 30.

Several factors contributed to the winter surge:

1. Political Tailwinds: Trump’s administration pledged to integrate crypto into federal systems and create a U.S. digital asset reserve.

2. Speculative Anticipation: Investors expected XRP to feature prominently alongside Bitcoin and Ethereum in this reserve.

3. SEC Optimism: Hopes surged for a favorable resolution to the years-long SEC lawsuit against Ripple Labs.

Yet, despite Republican dominance in Congress and the Supreme Court, none of the anticipated "Trump bump" materialized into tangible gains for crypto—at least not yet.

Technical Outlook: XRP Primed for a Breakout?

XRP price on Bitrue Platform
XRP price on Bitrue Platform

Analysts are not giving up on XRP. At a current level around $2.1615, several technical indicators point toward a potential breakout:

1. “W” Pattern Formation: Historically a bullish reversal signal.

2. Declining Exchange Balances: Suggests holders are accumulating rather than selling.

3. Whale Wallet Stability: Signals institutional confidence.

4. Supportive Moving Averages: XRP price sits above the 50-, 200-day, and even 200-week moving averages.

A close above $2.40 could trigger strong buying momentum, potentially pushing the price back toward the $2.95, $3.87, and even $4.80 resistance zones.

The Emergence of XRP 2.0: A New Challenger

While XRP charts its institutional path, XRP 2.0, officially branded Remittix, is making waves by focusing on real-world payments. Designed to streamline crypto-to-fiat transactions, Remittix allows users to send money globally with no need for wallets or bridges.

With over $15.4 million raised in presale and the Remittix Pay API supporting more than 50 crypto pairs, XRP 2.0 is carving its niche in the $250 trillion cross-border payments market.

Unlike XRP, which appeals to large institutions, XRP 2.0 is targeting businesses and individuals seeking simplicity and efficiency in digital payments. It represents a user-first innovation that complements XRP’s legacy in institutional finance.

Conclusion: XRP’s Dual Narrative

Both XRP and XRP 2.0 symbolize different yet complementary visions for blockchain’s future:

1. XRP is evolving into a strategic asset for governments and corporations, with growing momentum in crypto treasury strategies.

2. XRP 2.0 is championing payment innovation, offering seamless crypto-to-fiat solutions for everyday users.

As regulatory clarity improves and adoption deepens, the question isn't whether XRP or XRP 2.0 will lead the next phase of digital finance, but how both will reshape their respective domains.

Whether this is a temporary correction or a generational buying opportunity remains to be seen, but what’s clear is that XRP’s story is far from over.

About Bitrue
Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.
Contact
Fransiskus Email: fransiskus@bitrue.com

Categories
Cryptocurrency

Other Press Release
Cryptocurrency
Everything You Need to Know about Agenda 47! Tokenomics, Market Outlook, and A47 Price Predictions 2025–2028
Bitrue
Jun 04, 2025

Cryptocurrency
Crypto News! $BLUM Will Launch Soon with Snapshot and Blum Airdrop Details Amid Market Uncertainty
Bitrue
Jun 03, 2025

Cryptocurrency
Diving Deeper Into TUFT Token and TreasureFun: A Comprehensive Guide to the NFT Ecosystem’s Rising Star
Bitrue
Jun 02, 2025

Cryptocurrency
8 Promising Crypto Airdrops in June 2025, More Than Just Free Tokens
Bitrue
Jun 02, 2025

Cryptocurrency
XDC Network Price Prediction and Market Outlook 2025–2030
Bitrue
Jun 01, 2025

Cryptocurrency
What is Beeg Blue Whale? Here’s BEEG Token Analysis and Price Prediction 2025-2030
Bitrue
May 28, 2025

Cryptocurrency
XRP Price Prediction June 2025, Poised for a Major Breakout? This is Everything You Need to Know
Bitrue
May 27, 2025

Cryptocurrency
Pepe Coin Price Prediction 2025: Technical Trends, Cultural Momentum, and Investment Outlook
Bitrue
May 25, 2025

Cryptocurrency
NEXPACE (NXPC) Price Prediction and Market Analysis: What to Expect from 2025 to 2050
Bitrue
May 25, 2025

Cryptocurrency
What is Trump Dinner? Crypto, Controversy, and a Steak Dinner: Inside Donald Trump's $TRUMP Meme Coin Gala
Bitrue
May 25, 2025

Cryptocurrency
Brainrot (ROT) Price Prediction 2025: Can This Meme Coin Find Its Momentum Again?
Bitrue
May 25, 2025

Cryptocurrency
Bitcoin Breaks Records, Road to $120.000? A Comprehensive Analysis
Bitrue
May 25, 2025

Cryptocurrency
Bitcoin Price Crosses All-Time High? Check Out the Following Explanation
Bitrue
May 23, 2025

Cryptocurrency
XRP News Today! Governance & Launchpad DApp Set to Transform the XRPL
Bitrue
May 21, 2025

Mobile games
11 Fun Telegram Games to Play, Give Free Crypto Tokens as Rewards!
Bitrue
May 15, 2025

Cryptocurrency
What is Treasure Fun? A Dual-Faced Digital Experience, Innovation or Deception?
Bitrue
May 15, 2025

Cryptocurrency
TUFT Token Price Prediction and Investment Outlook: Everything You Need to Know
Bitrue
May 15, 2025

Cryptocurrency
Space and Time (SXT) Price Prediction 2025–2040: A Comprehensive Outlook
Bitrue
May 14, 2025

Cryptocurrency
A Comprehensive Analysis of BlockDAG ($BDAG) Price Prediction
Bitrue
May 13, 2025

Cryptocurrency
XRP at a Crossroads: Legal Breakthroughs, Political Endorsement, and ETF Hype Fuel Market Momentum
Bitrue
May 13, 2025

Cryptocurrency
Solayer Price Prediction 2025: Unlocking Scalable Staking and Liquidity on Solana through Layer-2 Innovation
Bitrue
May 11, 2025

Cryptocurrency
What is Dawgz AI and $DAGZ Price Prediction 2025-2040
Bitrue
May 10, 2025

Cryptocurrency
Get to Know about RuviAI and $RUVI Price Prediction in 2025: Can it reach $1?
Bitrue
May 09, 2025

Cryptocurrency
What is Italian Brain Rot? Get to Know Everything about the Characters
Bitrue
May 09, 2025

Cryptocurrency
Bitcoin Price to Return Above $100,000? Here's the Analysis
Bitrue
May 08, 2025

Cryptocurrency
XRP News! Vaultro Finance and the Evolution of Decentralized Finance on the XRP Ledger
Bitrue
May 08, 2025

Cryptocurrency
XRP News Today! XRP at a Crossroads: Legal Limbo, Technical Glitches, and ETF Hopes Define Market Sentiment
Bitrue
May 05, 2025

Cryptocurrency
Understanding Treasure Fun and TreasureNFT: The Concerning Side of Potential Scam
Bitrue
May 04, 2025

Cryptocurrency
Everything about Initia, INIT Price Prediction 2025-2040
Bitrue
May 04, 2025

Cryptocurrency
Get to Know About XRPL SNAP, Bringing XRP to MetaMask with Seamless Integration
Bitrue
May 03, 2025

Cryptocurrency
What is XFree Coin, Is It Safe? A Comprehensive Guide about XFREE
Bitrue
May 03, 2025

Cryptocurrency
XRP Price Could be $7.50 in 2035? XRP News Today: Institutional Momentum & Legal Clarity
Bitrue
May 03, 2025

Cryptocurrency
XRP News Today! SEC Approves ProShares’ XRP Futures ETFs: What It Means for the Crypto Market
Bitrue
Apr 30, 2025

Cryptocurrency
What is Pingubuy? The Rise of Cross-Border Shopping Agents in the Wake of the China-US Trade War
Bitrue
Apr 27, 2025

Cryptocurrency
What is CK4444? From Music History to Cybersecurity Concerns
Bitrue
Apr 25, 2025

Cryptocurrency
Algorand (ALGO) Price Prediction 2025: Will the Fallen Angel Rise Again?
Bitrue
Apr 25, 2025

Cryptocurrency
XRP News Today! XRP’s Defining Moment: Legal Clarity, ETF Momentum, and a Shifting Crypto Landscape
Bitrue
Apr 25, 2025

Cryptocurrency
XRP News Today! XRP Enters a New Era: Legal Clarity, ETF Speculation, and a Resurgent Market
Bitrue
Apr 22, 2025

Cryptocurrency
Treasure NFT: Innovation or Scam? A Comprehensive Review of TNFT
Bitrue
Apr 22, 2025

Cryptocurrency
Lessons from SnapeDex, The Insidious Rise of Crypto Scams
Bitrue
Apr 20, 2025

Cryptocurrency
XRP News Today! XRP Price Analysis: Legal Developments, ETF Momentum, and the Investor Sentiment Battle
Bitrue
Apr 20, 2025

Cryptocurrency
What is the Difference Between XXX and XXXX Token? Similar Names, Different Purposes in Crypto
Bitrue
Apr 16, 2025

Cryptocurrency
Get to Know About Treasure NFT and How to Get TUFT Token: Withdrawal TUFT Date
Bitrue
Apr 16, 2025

Cryptocurrency
XRP News Today! Understanding XRP in 2025: Legal Resolutions, Political Winds, and the Path to New Highs
Bitrue
Apr 15, 2025

Cryptocurrency
Get to Know About Xhamster vs Hamster (HMSTR): Understanding the Key Differences
Bitrue
Apr 15, 2025

Cryptocurrency
XRP News Today! Is a 2,700% Rally on the Horizon for XRP price? Analysts Say History Might Repeat Itself
Bitrue
Apr 13, 2025

Cryptocurrency
BABY Coin Launches Dual Staking Model for BTC & BABY Holders: Get Free Babylon & USDT!
Bitrue
Apr 10, 2025

Cryptocurrency
XRP News Today! Whale Activity, Bullish Hopes, and Ripple's Billion-Dollar Acquisition
Bitrue
Apr 08, 2025

Cryptocurrency
Bitcoin Price Today! Can BTC Rebounds Above $80,000 Amid Tariff Turmoil? Here’s the Analysis
Bitrue
Apr 08, 2025

Bitrue
URL
https://www.bitrue.com/
Industry
Service
Weekly Release Ranking
May 13, 2025 2025
A Comprehensive Analysis of BlockDAG ($BDAG) Price Prediction
Bitrue
VRITIMES Video
vritimes na euvritimes jpFree consultationManual EbookPR College