Key Highlights
- 16, 2025 at 11:46 am UTC Share Cover art/illustration via CryptoSlate.
- Image includes combined content which may include AI-generated content.
- XRP‘s price has fallen under $2 to price levels last seen in April, as selling pressure mounts across both derivatives and spot markets. According to CryptoSlate data, the Ripple-linked token slipped around 6% in the past day to about $1.87, extending a retreat that has tracked broader weakness in Bitcoin and Ethereum. Notably, this negative price performance has overshadowed significant milestones that would typically drive bullish momentum for the digital asset. For context, Ripple recently secured conditional approval from the Office of the Comptroller of the Currency (OCC), putting it on a regulatory footing comparable to that of top-tier financial institutions.
- Simultaneously, Swiss-regulated AMINA Bank went live with Ripple’s licensed payments product, facilitating near-real-time cross-border transfers. Beyond banking, Ripple and its XRP ecosystem are expanding to other blockchain networks. The firm’s $1.3 billion RLUSD stablecoin has broadened support to major Ethereum Layer-2 networks, including Optimism, Base, and Kraken’s Ink.
- Concurrently, custodian Hex Trust is launching wXRP on Ethereum, Solana, and HyperEVM, opening the path for XRP to enter broader DeFi markets beyond its native ledger. Interestingly, XRP's price decline has also defied a record streak of institutional demand.
