1. Ripple's refusal of IPO and strategic pivot
Ripple has officially confirmed that it does not plan to go public (IPO) in 2025. Instead, the focus has shifted to organic growth, the development of the stablecoin RLUSD, and expansion into the DeFi sector. Key areas include integration with Chainlink and Aave protocols, as well as strengthening positions in Asia (Japan, South Korea), Europe (UK, Switzerland), and the Middle East (Dubai).
2. SEC approval for XRP ETF
The U.S. Securities and Exchange Commission (SEC) has approved the launch of several XRP ETFs from ProShares Trust, including ProShares UltraShort XRP ETF and ProShares Ultra XRP ETF. The launch is scheduled for April 30, 2025, which will strengthen the institutional presence of XRP in the regulated market.
3. Launch of XRP futures by CME Group
The largest derivatives exchange CME has announced the start of trading futures on XRP from May 19, 2025. The contracts will be cash-settled and aimed at attracting institutional investors. This step strengthens XRP's position as an alternative to Bitcoin and Ethereum.
4. Current price and market forecasts
- XRP price on April 28, 2025: $2.2882 (+5.33% for the day).
- Technical analysis: A descending triangle is forming on the daily chart with key support at $2.00. A downward breakout could lead to a drop to $1.70–1.80, while a breakout above resistance at $2.50 could result in a rise to $3.50. Wave analysis suggests a correction to $1.927 in the coming days.
- Optimistic forecast: Analysts from SMI.Today predict a rise to $2.70 due to bullish patterns.
5. Cybersecurity: Vulnerability in xrpl.js
Malicious code was found in versions 2.14.2–4.2.4 of the xrpl.js library (used for interacting with the XRP Ledger), which transmitted private keys to an external server. The vulnerability (CVE-2025-32965) was fixed in updates 4.2.5 and 2.14.3. Applications that used NPM packages during April 21–22 were affected.
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Summary
April 28, 2025, was a turning point for XRP:
- Regulatory successes: The launch of ETFs and CME futures enhances the legitimacy of XRP.
- Ripple's strategy: Focus on global expansion and DeFi instead of IPO.
- Risks: Price correction and cyberattacks require caution from investors.
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