The XRP price has been stuck in a bear market in 2025—even with several bullish developments. On Saturday, XRP was trading at $2.08, down nearly 40% from its peak of $3.40 earlier this year. Its market cap has fallen from $190 billion in January to $121 billion.

Despite this decline, the ecosystem continues to grow, offering hope for a potential XRP price bullish breakout.
📊 ETF Launch and Institutional Interest
Earlier this year, Teucrium launched a 2X Long Daily XRP ETF (XXRP). The leveraged product has already attracted over $24 million in assets, signaling growing institutional interest.
Several major players—Grayscale, 21Shares, WisdomTree, Canary, and Franklin Templeton—have also applied for spot XRP ETFs. According to Polymarket, there’s a 77% chance the SEC will approve them soon.

🏛️ Government Endorsement and Legal Victory
Adding to the bullish narrative, President Donald Trump named XRP as a token that could be part of the U.S. government’s strategic crypto reserves. This mention has stirred speculation about increased institutional demand.
Moreover, the SEC officially dropped its appeal in the long-standing lawsuit against Ripple. This clears a major regulatory hurdle and paves the way for partnerships with U.S. banks and money transfer firms. Ripple aims to replace SWIFT’s outdated infrastructure with its faster and cheaper blockchain tech.
💸 Ripple’s Stablecoin and Strategic Acquisitions
Ripple’s stablecoin, Ripple USD, is also gaining traction. Its market cap has risen to nearly $300 million, yet XRP’s price hasn’t reflected that momentum.
To expand its infrastructure, Ripple recently acquired Hidden Road, a prime brokerage firm handling over $10 billion in assets daily. Ripple plans to bring some of that volume onto the XRP Ledger, which could further boost adoption and network usage.

📈 XRP Technical Analysis: Bullish Breakout Forming?
From a technical standpoint, XRP has been under consistent selling pressure. It’s still trading below the 50-day Exponential Moving Average (EMA) and beneath a long-term descending trendline.

However, a falling wedge pattern is forming on the daily chart—a classic bullish reversal indicator. As the wedge narrows, the likelihood of a breakout increases.
If the price surges past $3.40, its yearly high, it could trigger a rally toward $5. But if XRP falls below this month’s low of $1.61, the bullish thesis would be invalidated.
🧠 Final Thoughts
While XRP’s price action hasn’t matched its fundamental progress, momentum may be building. With ETF optimism, legal clarity, and adoption drivers in play, a bullish reversal could be on the horizon.
Keep an eye on technical breakouts and regulatory announcements—they may be the key to XRP’s next big move.