As of May 24, 2025, the cryptocurrency XRP is trading at $2.35, showing a decrease of 4% over the last 24 hours. Over the past week, the price has fluctuated between $2.30 and $2.45.

📉 Reasons for the Current Decline

• Legal Uncertainty: Following a recent court ruling that denied the SEC's request to lift the ban on institutional sales of XRP, the agency has not provided further comments. This has heightened uncertainty among investors and put pressure on the price.

• Competition in the Stablecoin Market: Plans by JPMorgan and other major banks to launch their own stablecoin have raised concerns about Ripple's competitiveness in this segment, which has also contributed to the decline in XRP's price.

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🔮 Forecasts and Expectations

• Short-Term Outlook: Analysts suggest that upon overcoming the resistance level of $2.65, XRP could target the $3.00 mark.

• Long-Term Predictions: Some experts predict that by 2026, the price of XRP could reach the range of $25–$30, considering the growth of institutional interest and the expansion of blockchain technology usage. #CryptoAdoption $XRP