As of May 21, 2025, XRP, as the fourth largest cryptocurrency by market capitalization, is going through a critical stage of multiple market signals intertwining. From regulatory dynamics to institutional layout, from technological upgrades to price games, this article will comprehensively sort out today’s XRP Core news, providing professional insights for investors.
According to Gate market data, the current price of XRP is $2.3458, a slight increase of 0.03% in the past 24 hours, but it has fallen by 14% from last week’s high of $2.655. Technically, $2.30 is a key support level, and breaking below it may test the $2.00 range; conversely, breaking the resistance at $2.644 could potentially restart the upward trend.
SEC delays XRP ETF decision: The U.S. Securities and Exchange Commission (SEC) announced a delay in the approval of 21Shares XRP ETF and Grayscale XRP ETF, extending the review period for public comment by 21 days. Analysts expect the final result to be postponed to the fourth quarter of 2025, which may temporarily dampen market sentiment.
Ripple’s strategic expansion: Ripple has recently attempted to acquire stablecoin issuer Circle for 6-11 billion US dollars, aiming to integrate USDC liquidity and strengthen the payment ecosystem. If the transaction is successful, ChatGPT predicts that XRP may rise to $3.50-4.50, and in extreme cases, it may exceed $10.
According to the Elliott Wave model, XRP has completed a five-wave uptrend structure and is currently in a corrective wave phase. If the $2.30 support holds, it may initiate a new round to challenge the $3.40 market; breaking through, the medium to long-term target could reach $6.50 or even $9.50.
Today’s XRP token news highlights its dual attributes as an ‘institutional bridge’: on the one hand, CME futures and M&A actions drive the process of compliance; on the other hand, regulatory delays and technical retracements test the market’s patience. Investors need to capture value opportunities in a dynamic balance by integrating on-chain data, policy documents, and technical indicators. Whether it’s short-term speculation or long-term layout, rational analysis and risk control are always the keys to victory.