XRP News Today: XRP Surges 14% to $2.76, Eyes 45% to 117% Gain on Institutional Support

XRP has been gaining significant traction, maintaining a strong position above the $2.34 level. Analysts are optimistic about its upward trajectory, predicting that it could test the $2.65 range and potentially extend towards the $4 to $6 zone under favorable conditions. This bullish outlook is supported by strengthening technical indicators, increasing institutional support, and a surge in interest surrounding RLUSD, Ripple’s stablecoin.

Over the past few months, XRP has exhibited signs of prolonged accumulation, forming both a symmetrical triangle and a bull flag pattern. These patterns are typically associated with impending upward movement. Additionally, tightening volatility bands and rising open interest in XRP derivatives suggest that a breakout move may be imminent. Market watchers also note steady whale accumulation, indicating strong confidence from large-scale holders.

The broader environment surrounding Ripple has also shifted positively. RLUSD, Ripple’s stablecoin, has surpassed a $500 million market cap, placing it among the top 20 stablecoins globally. This rapid adoption is supported by significant institutional backing, including custody solutions from BNY Mellon and integrations with platforms like Transak and OpenPayd. These developments expand RLUSD’s utility in cross-border and crypto-fiat payment flows, further bolstering the bullish sentiment around XRP.

Market participation signals bullish anticipation for XRP. Beyond chart patterns, derivatives data shows growing participation. Open interest in XRP futures and options has steadily climbed since Q2 2025, aligning with increased volume and capital inflow into XRP-related markets. This convergence of favorable technicals and fundamental progress has given XRP traders tangible reasons to watch closely.

XRP has broken above the $2.65 resistance level, and analysts expect it to keep rising. A move to the $4 to $6 range would represent a 45% to 117% increase from its current price of $2.76. This target is feasible if momentum continues, particularly with growing institutional support and technical indicators favoring a sustained bullish trend. The infrastructure surrounding XRP, including its stablecoin RLUSD, plays a crucial role in this optimistic outlook.