Current Price Performance
Current Price: Approximately $2.48.
Daily Change: A decline of 4%, making it one of the major cryptocurrencies with the most decline today, amid a general market downturn following a previous rally.
Monthly Performance: Despite the current decline, XRP has risen by 20% since the beginning of May, driven by positive expectations and strong technical execution.
⚖️ Legal and Regulatory Developments
Ripple and SEC Case: Judge Analisa Torres rejected a proposed $50 million settlement between Ripple and the U.S. Securities and Exchange Commission (SEC), citing "procedural flaws" in the joint request.
Impact: This rejection could lead to further delays in resolving the case, adding some legal ambiguity around XRP.
📈 Price Predictions
Short-term Forecasts: Some analysts expect XRP to reach $2.85 by June 2025, with the potential to hit $5.50 by the end of the year.
Medium-term Forecasts: Predictions range from $5 to $9 during 2025, depending on regulatory and market developments.
Long-term Forecasts: Some analysts see the possibility of XRP reaching $10 or more by 2027, relying on increased institutional adoption and technological developments.
🏛️ Important Institutional Events
Inclusion of XRP Futures on CME: CME Group is set to launch XRP futures on May 19, 2025, opening the door for more institutional investors and increasing market liquidity.
Inclusion of Coinbase in the S&P 500: Coinbase, the largest American cryptocurrency exchange, will be included in the S&P 500 on May 19, reflecting the growing recognition of cryptocurrencies in financial markets.
🏦 U.S. Government Support
Inclusion of XRP in the U.S. Strategic Reserve: President Donald Trump announced in March 2025 the inclusion of XRP in the "U.S. Strategic Digital Reserve," alongside other cryptocurrencies like Bitcoin and Ethereum, reflecting increasing government support for cryptocurrencies.
