XRP News Today: XRP Drops 2.25% Amid Market Cooldown and Political Uncertainty

XRP is currently trading at $2.16, reflecting a 2.25% decline over the last 24 hours and a 0.95% decrease over the past week. This downturn comes amid a broader market cooldown, as Bitcoin also continues its slight retreat from recent highs. At the time of writing, Bitcoin is trading at $104,500, marking a notable drop from its all-time high of over $111,000 recorded last month. The present market correction appears to be affecting major digital assets, with XRP among those experiencing short-term declines despite a series of positive long-term developments.

The recent public dispute between a prominent political figure and a leading tech CEO has had a notable impact on the cryptocurrency market, including XRP. The feud began when the tech CEO criticized the political figure’s proposed tax and spending bill, leading to a series of retaliatory actions and public exchanges between the two figures. The political tension has brought uncertainty into the market, affecting investor sentiment and contributing to the decline in XRP’s price. While the direct impact of the feud on XRP’s price is difficult to quantify, the overall market sentiment has been negatively affected. Investors are responding to the increased political uncertainty, which is reflected in the recent price movements across various cryptocurrencies.

While the short-term price chart shows a dip, the underlying fundamentals and ecosystem surrounding XRP have shown continued growth and progress. Ripple’s Chief Technology Officer recently commented on the future of digital assets, stating that the industry is on the edge of large-scale institutional adoption. This aligns with several key developments that happened in 2025. Ripple’s collaboration with a South Korean digital asset custodian represents a strategic move to bolster institutional custody capabilities. Earlier this year, Ripple also unveiled a detailed roadmap focused on decentralized finance (DeFi) use cases for institutional players. Central to this plan is the introduction of Automated Market Makers under the XLS-30 standard, which aim to improve liquidity for tokenized assets on the XRP Ledger.

Furthermore, the XRPL itself has seen significant upgrades. The integration of native programmability has enabled more efficient and secure development of institutional-grade applications. This allows for permissionless innovation while maintaining compliance, scalability, and operational robustness. Despite the minor downturn today, the broader trajectory for XRP appears stable, supported by strong institutional interest and ongoing improvements to its ecosystem. The short-term price fluctuation should be weighed against these long-term fundamentals, which continue to attract investment and development activity. Although social narratives and political developments can exert influence on short-term trading behavior, the foundation being laid through Ripple’s partnerships and technical upgrades suggests that XRP’s strategic positioning remains intact.