XRP Surges 45.39% Amid Regulatory Clarity and Strategic Partnerships

CryptoPulse AlertThursday, May 29, 2025 6:50 am ET
1min read

On May 29, 2025, XRP rose 45.39% within 24 hours to $2.34325, though its weekly performance declined by 91.7%. Over a month, the token increased by 442.39%, and year-to-date gains reached 944.95%.

Regulatory Developments Boost Sentiment

The U.S. Securities and Exchange Commission (SEC) announced the conclusion of its review of Ripple Labs’ XRP sales. The agency stated it would not pursue further enforcement actions related to past token sales, a decision Ripple hailed as validating its compliance efforts. Analysts noted the resolution reduced regulatory uncertainty, a key factor in XRP’s volatility.

Strategic Partnerships Drive Adoption

Ripple Labs disclosed a partnership with a global blockchain consortium to integrate XRP into cross-border payment systems. The collaboration aims to reduce settlement times for remittances and corporate transactions. A Ripple spokesperson emphasized the agreement expands XRP’s utility in institutional finance, though specifics of transaction volumes or timelines remain undisclosed.

Remittance Report Highlights Use Case Growth

A third-party audit revealed XRP’s adoption in remittance corridors rose by 30% in Q1 2025. The report cited cost efficiencies enabled by XRP’s blockchain, with average fees dropping to 0.2% of transaction value. The data aligns with Ripple’s claims that XRP outperforms traditional banking systems in speed and affordability.

Analysts Project Continued Volatility

Analysts project XRP’s price could reach $2.80 by mid-2025, driven by regulatory clarity and partnerships. However, they caution that macroeconomic factors and competing stablecoins may limit sustained gains. Short-term swings, they note, are likely due to speculative trading and market sentiment shifts.

Technical and Market Dynamics

XRP’s 24-hour trading volume surged to $1.2 billion, with Asian exchanges accounting for 60% of activity. Support levels at $2.00 and resistance at $2.50 remain critical for sustained growth. Year-to-date momentum, however, remains anchored to long-term institutional interest rather than retail speculation.

Corporate Actions and Token Supply

Ripple maintained its commitment to the “XRP Supply Schedule,” releasing 100 million tokens into open markets as planned. The company reiterated its policy to burn 50% of fees generated from XRP transactions, reducing circulating supply. Total XRP in circulation now stands at 54.6 billion units, with institutional wallets holding 40%.

Conclusion

XRP’s recent performance reflects a confluence of regulatory resolution, strategic alliances, and technical adoption. While short-term volatility persists, its trajectory hinges on execution of existing partnerships and ongoing compliance with evolving regulations.

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