24/7 Wall Street
29 May 2026, 07:41 UTC · 11h ago
Will XRP (Ripple) Ever Go Back Up to $3?
Source · https://247wallst.com/investing/2026/05/29/will-xrp-ripple-ever-go-back-up-to-3/
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24/7 Wall Street
29 May 2026, 07:41 UTC · 11h ago
Source · https://247wallst.com/investing/2026/05/29/will-xrp-ripple-ever-go-back-up-to-3/
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Story key points
5 claims · impact-rated
The CLARITY Act passed the Senate Banking Committee 15-9 and could officially classify XRP as a digital commodity. — Removing legal hurdles for banks and payment providers to allocate capital is the primary catalyst for significant price appreciation.
+0.80Spot XRP ETFs have unlocked over $1.4 billion in institutional inflows following a 2025 SEC ruling. — Institutional capital provides a structural floor for the price and increases buying pressure.
+0.60Ripple closed approximately 10 major institutional deals in 2026, including a tokenized Treasury pilot with J.P. Morgan, Mastercard, and Ondo Finance. — Direct adoption by global financial giants validates the utility of the XRP Ledger beyond speculation.
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Daily transactions on the XRP Ledger reached 3 million on March 15, 2026, a threefold increase from mid-2025 averages. — Increased network utility and transaction volume suggest fundamental growth in usage.
Ripple transferred over 60 million XRP (approx. $79 million) to an unidentified wallet, creating market uncertainty. — Unexplained large transfers by the issuer typically trigger trader caution and short-term selling pressure.
-0.30Ticker attribution
Model heads
Mentioned as part of a major institutional tokenized Treasury pilot on the XRP Ledger.
Mentioned as part of a major institutional tokenized Treasury pilot on the XRP Ledger.
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