$XRP XRP is trading at $2.41, experiencing a modest daily gain of 0.84%. The intraday high reached $2.42, while the low dipped to $2.33.

🔍 Market Insights

Institutional Interest: The upcoming launch of XRP futures by CME Group on May 19, 2025, is anticipated to attract more institutional investors, potentially boosting XRP's liquidity and price stability. Reuters

Whale Accumulation: Recent data indicates that large holders (wallets with 10M–100M XRP) have increased their holdings, now controlling 12.22% of the supply, up from 10.47% in late February. This suggests growing confidence among major investors. Brave New Coin

Legal Developments: Ripple's recent settlement with the SEC, resulting in a $75 million payment, has provided some regulatory clarity, which may positively influence investor sentiment. Brave New Coin

📈 Price Predictions

Short-Term Outlook: Analysts predict that XRP could reach $2.42 in the next week, representing a potential 0.27% increase. CoinCodex+1Binance+1

Mid-Term Projections: Some forecasts suggest XRP might trade between $2.50 and $2.90 in the coming months, depending on market conditions and adoption rates.