XRP News Today: XRP Gains Institutional Traction Amid Ethereum's Bearish Struggle Unstaked Raises $9.4 Million

This week, the cryptocurrency market is experiencing a mix of optimism and caution. XRP is gaining traction due to recent institutional developments, while Ethereum (ETH) is facing bearish signals as it struggles to maintain its momentum. XRP's institutional attention is driven by the expansion of futures trading and lending platforms, with Coinbase set to launch 24/7 XRP futures trading on June 13. Additionally, Ault Capital Group plans to launch an XRP-backed institutional lending platform, targeting NYSE- and Nasdaq-listed companies with up to $10 million in XRP for liquidity. Despite regulatory uncertainties, XRP's technical indicators suggest a modestly bullish outlook, with resistance levels between $2.22 and $2.35.

In contrast, Ethereum is experiencing a deepening bearish sentiment, struggling to maintain support above $2,500. After a brief rally to $2,689, ETH has entered a consolidation phase, forming a bull flag pattern that lacks volume confirmation. On-chain indicators show mixed signals, with the MVRV Long/Short Difference improving but the Chaikin Money Flow trending toward zero. Key support at $2,321 must hold to prevent a further drop. Technical traders are watching for a break above $2,720, but bullish momentum remains unconvincing without a clear macro catalyst or volume influx.

Amidst this market tension, Unstaked is emerging as a rising opportunity. Now in Stage 19 of its presale, Unstaked has raised over $9.4 million and projects a 28x upside based on its launch pricing. The platform focuses on real-world AI utility, contributor rewards, and community governance, offering a new kind of crypto infrastructure. Unstaked's Proof of Intelligence (PoI) system rewards users for providing real computational value, such as verifying data and contributing to decentralized AI tasks. The platform also offers robust governance tools, cross-chain compatibility, and AI-enhanced liquidity routing, improving efficiency across DeFi transactions.

To boost visibility and adoption, Unstaked has launched a $1 million giveaway, with twenty winners each receiving $50,000 in $UNSD, the platform’s native token. Entry requires a $100 minimum contribution and basic community engagement. With high utility, strategic incentives, and strong financial momentum, Unstaked is positioning itself as a platform built for long-term resilience and a serious opportunity in the changing DeFi narrative.

As the market shifts and old leaders face challenges, Unstaked is quietly gaining ground with its advanced AI model, real yield mechanics, community governance, and a clearly structured presale offering. With a 28x upside, $9.4 million already raised, and a massive giveaway fueling interest, Unstaked offers momentum backed by utility, making it a compelling option for those seeking the best crypto for 2025.