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/ 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.
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