XRP today: strong position and important market drivers

Price and market dynamics

XRP is currently trading around $2.25, showing a decrease of about 1.7% compared to the previous day. The trading volume over the last 24 hours is about $3 billion, indicating active participation from institutional and retail players.

Fundamental drivers

📅 June 4–5: major companies accumulated XRP — two institutions invested about $300 million in treasuries, followed by Saudi-backed VivoPower with $121 million in investments.

⚖️ USA: SEC vs Ripple — key date: June 16 is expected to bring an update on the status of the case, which could become the long-awaited breakthrough (either in favor or prolonged in court).

📈 Technical levels — XRP is holding above support at ~$2.25 and is forming a base that many analysts call "critical" for growth potential ($3 and above).