XRP News Today: Ripple Breakout Confirmed? Price Surge Leaves Traders Stunned
Key Takeaways
- XRP trades at $2.38 after briefly hitting a weekly high of $2.65, marking strong upward momentum in May 2025.
- Open interest in XRP futures has surged past $3.42 billion, signaling increasing trader conviction.
- Technicals show XRP holding above all major EMAs, with analysts now eyeing $3.00 as the next resistance.
- Whale accumulation is increasing, with large wallets now controlling over 12.2% of XRP’s circulating supply.
- Meanwhile, Solaxy ($SOLX) continues gaining ground as a utility-first Layer-2 for Solana, with a live testnet and $36M+ raised in its presale.
XRP Surge: Are We Seeing a Confirmed Breakout?
XRP has delivered another headline-grabbing performance this week, briefly peaking at $2.65 before settling near $2.38. The move follows a consistent uptrend that began earlier this month, with 7-day gains of over 3.2% despite short-term volatility.
As reported by FXStreet and CoinMarketCap, volume rose 21% in 24 hours, pushing XRP’s market cap to $139.6 billion. Though price action has cooled since the mid-week high, the overall structure remains bullish. Analysts are now closely watching the $2.75 to $3.00 resistance zone, which could signal a full breakout if breached on high volume.
Futures Surge and Whale Activity Build a Bullish Case
One of the most significant catalysts behind XRP’s rally is the 41.6% rise in futures open interest, now totaling $3.42 billion, according to Analytics Insight. This suggests not only rising trader interest but also directional bets that XRP has further to climb.
Adding to the momentum, whale accumulation continues accelerating:
- Wallets holding 10M–100M XRP now control 12.22% of the total supply
- That’s up from 10.76% just two months ago
- On-chain data suggests accumulation has been strongest during pullbacks
These signs typically precede major price expansions, especially when combined with growing retail interest and exchange liquidity.
Technical Outlook: Room to Run?
From a charting perspective, XRP remains bullish:
- 50-day EMA: $2.26
- 100-day EMA: $2.24
- 200-day EMA: $2.02
- MACD: Bullish crossover
- RSI: 69.7 (approaching overbought territory)
Should the bullish momentum continue, the next psychological target lies at $3.00, with longer-term projections by some analysts floating $8 to $15 as potential 2025 highs — dependent on broader altcoin market strength.
Ripple Developments and Ecosystem Expansion
While price remains the focus, Ripple continues building behind the scenes. Recently, the company partnered with WEIA and Mercy Corps to pilot an XRP Ledger-based agricultural program, advancing blockchain use in global aid sectors.
The XRP Ledger also recently activated upgrades for its automated market maker (AMM) features, boosting DeFi interoperability. Combined with regulatory clarity improving in the U.S. and abroad, the fundamentals supporting XRP’s long-term case are strengthening.
Solaxy ($SOLX): A Layer-2 Alternative Gaining Attention
As XRP captures the spotlight for its price movement, Solaxy is rising quietly through infrastructure performance and developer engagement.
Built as Solana’s first native Layer-2, Solaxy is focused on scalability, Ethereum compatibility, and cross-chain payments. It is already running a live public testnet, allowing developers to deploy EVM contracts, test DeFi apps, and experiment with fast low-cost transfers.
Solaxy Highlights (May 2025):
- Raised: $36.4 million in presale
- Current Price: $0.001726
- Testnet: Fully live with community access
- Audit: Verified by Coinsult
- Staking: Up to 150% APY (as reported)
- Utility: Web3Payments integration, EVM compatibility, developer grants
Solaxy contrasts XRP in both strategy and architecture. Where Ripple focuses on institutional partnerships and remittances, Solaxy delivers a live ecosystem for builders and dApp teams within the broader Solana network.
Final Thoughts
XRP’s surge past $2.65 this week confirms what many have speculated: bullish sentiment around Ripple is back. Futures activity, whale accumulation, and ecosystem expansion are aligning to support higher price targets — though short-term volatility remains a factor.
At the same time, utility-first projects like Solaxy offer a more infrastructure-driven approach to blockchain growth. For investors seeking exposure beyond price action alone, the contrast between XRP’s breakout and Solaxy’s buildout offers valuable perspective in today’s dynamic crypto environment.
Disclaimer
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are volatile, and readers should conduct their own research and consult licensed advisors before making investment decisions.
