$XRP Price & Market Update – May 8, 2025

1. Price Movement

$XRP is trading around $0.56, slightly down (~1.2%) in the last 24 hours.

Trading volume is moderate, with support holding near the $0.54 level.

2. Legal News

No new major developments in the Ripple vs. SEC case today.

Analysts expect a possible summary judgment or settlement announcement by mid (2025)

3. Adoption & Partnerships

Ripple is expanding its On-Demand Liquidity (ODL) corridors in Latin America.

New reports indicate a pilot project with a mid-sized South American bank using $XRP for cross-border remittances.