XRP News Today: Coinbase's XRP Move Ignites Bullish Bet on $14 Breakout

Ripple’s XRP appears to be entering a pivotal phase in its price trajectory, with a market strategist forecasting a potential climb to $14 by 2025. This projection comes amid notable developments in the XRP ecosystem, including a significant reduction in Coinbase’s XRP reserves and growing institutional interest in the asset. As of early September 2025, XRP traded at approximately $2.78, having surged over 60% in the past month despite broader market volatility.

Coinbase, one of the largest U.S. crypto exchanges, has drastically reduced its XRP holdings by roughly 83%, from an estimated 970 million XRP spread across 60 cold storage wallets in June 2025 to around 165 million XRP in just 10 wallets by September 2025. This shift has sparked speculation about the strategic reallocation of XRP to on-chain liquidity environments or institutional custody structures, possibly through partnerships such as Coinbase’s relationship with BlackRock’s Aladdin platform. Analysts suggest this move could reduce selling pressure on exchanges, potentially stabilizing or even boosting XRP’s price in the near term.

Despite the drop in exchange reserves, competition among major exchanges for XRP trading volumes remains intense. Platforms like Bitget, Binance, and Bybit have reported over $1 billion in daily XRP trading volumes, significantly outpacing Coinbase’s figures. This trend highlights a growing demand for XRP in both spot and derivatives markets, driven by its utility in cross-border transactions and institutional adoption. Ripple has also expanded its partnerships, including a recent deepening of its collaboration with Thunes to enhance global payments, further strengthening XRP’s role in the financial infrastructure.

The market fundamentals for XRP also remain robust. As of September 2025, XRP’s market capitalization stood at $170.55 billion, with a circulating supply of approximately 59 billion tokens. The asset has seen a surge in trading activity, with a 22.97% increase in 24-hour trading volume and over 50,000 trades recorded in the same period. These figures reflect a strong buyer interest, with approximately 75% of traders currently favoring long positions.

Looking ahead, the potential approval of an XRP spot ETF could serve as a significant catalyst for the token. Analysts have noted that regulatory developments, particularly under the Trump administration, could accelerate such approvals. Bloomberg’s James Seyffart estimates a 95% chance of XRP ETFs receiving regulatory greenlight in 2025. If approved, these products could bring a new wave of institutional and retail demand into the XRP market.

Market strategists argue that the combination of reduced exchange supply, strong on-chain activity, and favorable regulatory momentum sets the stage for a potential price breakout. With XRP currently forming a symmetrical triangle pattern and its RSI signaling potential for a bullish crossover, technical indicators also point toward a possible move toward the $3.30 level. A sustained breakout above this threshold could further fuel momentum toward the $14 target price forecasted for 2025.

Source: [1] Coinbase Dumps 83% XRP; Reserves Down From 60 To ... (https://dailycoin.com/coinbase-dumps-80-xrp-reserves-down-from-60-to-10-wallets/) [2] XRP Price, XRP Price, Live Charts, and Marketcap (https://www.coinbase.com/price/xrp)