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Top Analyst Shares How High XRP Could Go in May

As the month of April draws to a close, crypto analyst Jason has shared insights into XRP potential price movement in May.

He highlighted a mix of technical patterns, hidden bullish signals, and market updates that could shape XRP’s near-term future. Notably, he shared an optimistic outlook for XRP based on information from the two-week chart.

Technical Patterns Suggesting a Breakout Could Be Near

According to Jason, XRP remains in a familiar consolidation zone. He noted that while the weekly chart has lost its previously noted hidden bullish divergence, the two-week scale still shows signs of strength. Both the Relative Strength Index (RSI) and the Stochastic RSI (SRSI) continue to flash bullish divergence compared to price action.

He explained that if momentum continues and the SRSI crosses above 20 and stays there over the next few weeks, market participants could expect a significant move to the upside.

Despite this positive setup, Jason warned that a breakdown below key levels could shift the outlook. Specifically, the bullish divergence would be invalidated if XRP closes below $2.09 on the two-week scale. In that scenario, XRP could revisit the lower support range around $1.6052 to $1.117, marked on the accompanying chart as the “orange box” zone.

For context, these levels align with the 0.61 and 0.787 Fibonacci levels. Notably, during the most recent downturn earlier this month, XRP tested this range. Specifically, on April 7, XRP touched lows of $1.61 but recently rebounded to $2.36 before losing momentum. At press time, XRP is trading at $2.23, showing a 2.6% dip in the last 24 hours.

Jason XRP chart
Jason XRP chart

Meanwhile, Jason pointed to data showing that XRP has experienced eight consecutive days of net outflows recently. With selling pressure losing steam and flattening out, he believes this could be a sign of market stabilization ahead of the next major move.

How High Could XRP Go in May?

Interestingly, Jason presented the idea that XRP could reach $5 in May. This would mark a new all-time high for the coin, which has traded below its 2018 peak for over seven years.

From today’s price of $2.23, reaching $5 would represent a 124.22% increase. Beyond $5, he expects XRP to approach the double-digit price threshold.

Take Profit as XRP Soars

Speaking further, the analyst shared that he plans to sell 50% of his holdings below $5 to lock in gains and shift focus to hard assets like real estate. While he believes XRP could go even higher, he emphasized the importance of being rational rather than emotional in the market.

He disclosed that he took 20% profits when XRP crossed $3.30 back in January, a price point he had targeted since last year. Jason noted that he made this decision while still believing XRP could soar to between $16 and $36, emphasizing that emotions have no place in strategy.

He plans to hold 10% of his XRP holdings in anticipation that the multi-year ascending trendline could push prices into the projected $16–$36 zone. The lower boundary represents a 6x gain from current levels, while the more ambitious target offers over 15x upside from today’s price. 

However, he sees these as longer-term targets and plans to book profits of around $5 in the near term.

Shiba Inu: Zypto Becomes First DeFi Wallet to Support Shibarium and ShibaSwap

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Zypto App has introduced a new feature that allows Shiba Inu enthusiasts to access ShibaSwap and Shibarium tokens on a single platform.

The all-in-one crypto wallet announced a landmark breakthrough specifically for enthusiasts of Shiba Inu and the doggy-themed meme coin’s ecosystem. In a tweet on Tuesday, April 29, Zypto disclosed that users can now access both ShibaSwap and Shibarium directly from its upgraded mobile application.

New Features Support Shibarium and ShibaSwap

ShibaSwap is the Shiba Inu ecosystem’s decentralized exchange, where network users can swap native tokens like BONE, LEASH, and SHIB. Notably, the platform also supports a wide range of ERC-20 tokens, including Ethereum, Aave, Chainlink, and some stablecoins.

Meanwhile, Shibarium is the ecosystem’s layer 2 network building on the Ethereum mainnet. Launched in August 2023, the chain houses Shiba Inu ecosystem-native tokens while offering added functionality and utility.

Remarkably, the Zypto App announced yesterday that enthusiasts can now access ShibaSwap directly from the platform while enjoying the low transaction fees and swift execution associated with the protocol.

Furthermore, the Android and Apple-compatible decentralized finance (DeFi) wallet also offers self-custody of Shibarium-supported tokens, including the leading four: SHIB, LEASH, BONE, and TREAT.

Beyond self-custody, the Zypto App also debuted the Vault Key Card, providing Shibarium users with extended asset security. This secure storage leverages the NYC technology and three-factor authentication (3FA) to offer secure cold storage security standards.

Zypto Debuts New Innovation

Remarkably, Zypto Crypto stated that it is the first to achieve such a notable feat for the Shiba Inu ecosystem. The platform becomes the first DeFi wallet app to integrate ShibaSwap and Shibarium into a single application.

Notably, the feature comes on the heels of its latest application upgrade. The self-custody wallet provider rolled out version 1.15 of its Zypto App yesterday, adding new functionalities, including support for Shibarium and ShibaSwap.

Meanwhile, the incorporation has excited the Shiba Inu community, drawing comments from key players, including the official X account of the ecosystem. The handle appreciated the rollout and impressive effort of the Zypto App in simplifying access to the SHIB ecosystem.

Notably, the latest development builds on previous moves from other platforms to add support for Shibarium following its launch. For instance, crypto exchange Gate.io introduced support for the layer-2 network last January. Meanwhile, MEXC followed suit a year later, specifically in February 2025.

Trump Media Considers Launching Crypto Token and Wallet for Truth Social

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Trump Media and Technology Group, the company behind Truth Social, is considering launching a crypto asset and wallet. 

The initiative, which would integrate a digital currency into the platform’s ecosystem, aims to enhance its rewards program. 

According to a shareholder letter shared by the President Trump-backed firm, the utility token could initially be used for Truth+ subscription payments. Meanwhile, plans are underway to expand its use across other services within the Truth ecosystem.

The company intends to invest alongside its shareholders in these proposed financial products. In November, Trump Media took its first step toward exploring the cryptocurrency payments space by submitting a trademark application to the U.S. Patent and Trademark Office.

The Truth Ecosphere

Notably, Trump Media’s “Truth Ecosphere” includes several products to expand its influence across various sectors. One of the most prominent is Truth Social, a social media platform developed to provide Americans with an alternative to mainstream platforms. This platform aims to restore a voice to the public, especially for those who feel marginalized in digital spaces.

In addition to Truth Social, the company has ventured into the financial sector by creating Truth.Fi, a fintech arm that is already deeply involved with crypto.

Truth.Fi and Financial Expansion

Launched in January, Truth.Fi is a key part of Trump Media’s broader strategy to diversify its business operations. The new financial services and fintech arm aims to offer products that align with the company’s “America-First” theme.

Truth.Fi plans to roll out customized exchange-traded funds (ETFs) that combine cryptocurrencies and traditional equities by the end of the year. 

The launch of Truth.Fi also includes plans to purchase crypto and crypto-related securities. Trump Media has set aside $250 million in cash for this purpose, with the funds being custodied by Charles Schwab. 

Potential Conflicts and Existing Tokens

If the proposed crypto token is launched, it would add to the existing roster of Trump-related digital assets. Earlier this year, Donald Trump unveiled his own meme coin, TRUMP, on the Solana blockchain. This token joins a growing list of similar digital assets, including one that First Lady Melania Trump launched.

Critics argue that such ventures may overlap with his official duties, raising questions about ethical implications. However, as of now, there are no indications that this has slowed Trump Media’s momentum in the crypto space.

Crypto Payment in Dubai Trump Tower

Meanwhile, Eric Trump, Vice President of the Trump Organization, confirmed that the company would accept crypto for transactions at a newly announced luxury development in Dubai. 

In collaboration with Dar Global, this project will include high-end real estate and a Trump-branded hotel. The decision to accept crypto payments marks a significant development in the Trump organization’s embrace of digital assets.

Here’s When a $10,000 XRP Investment at $0.30 Could Hit $150K

Vandell Aljarrah, co-founder of Black Swan Capitalist, recently drew public attention to various return scenarios for a $10,000 investment in XRP at bargain prices.

In a tweet, Aljarrah stressed the potential of a $10,000 XRP investment made when XRP traded for $0.30 and held until it reached highs of up to $4.50.

Buying XRP at Bargain Prices

Aljarrah claimed to have encouraged market participants to invest in XRP when it was trading around $0.30. Notably, XRP last saw this price level in January 2023 following a consistent crash, which saw XRP slump 44% from a high of $0.54 in October 2022 to a low of $0.3. Aljarrah described this price as a bargain. At that time, $10,000 could have purchased approximately 33,333 XRP tokens.

However, as XRP’s price rose, the same $10,000 would buy fewer tokens. Occasional pullbacks did bring XRP back near the $0.30 range, but these were short-lived.

For example, in July 2024, XRP briefly traded at $0.38, offering a similar opportunity. At that point, a $10,000 investment would have acquired approximately 26,315 XRP tokens. This price hasn’t been seen again, as XRP rose to $3.34 about a year and a half later.

Returns on a $10,000 XRP Investment from the $0.30 Level

Aljarrah emphasized that investors who bought XRP at $0.30 would have seen a 3X return when the token reached $0.90. At that point, a $10,000 investment would have grown to $30,000. This milestone occurred in July 2023, just seven months after the January 2023 low price.

However, XRP soon lost much of these gains and traded at a significant discount a year later. Its price mostly hovered around $0.50 until late 2024. Specifically, a historic breakout occurred in November 2024.

At that point, XRP surpassed $1 for the first time in three years and went on to hit $2 by December 2024—the first time in seven years. Those who had held their $10,000 investment from $0.30 until then would have seen a 7X return.

By January 2025, when XRP traded above $3.30, the $10,000 investment would have been worth over $110,000, an 11X return. While these gains have slightly diminished with XRP currently trading at $2.24, investors would still be enjoying a 7X return.

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Vandell Aljarrah’s chart showing potential for $10,000 in XRP

When $10K in XRP Could Become $150K

Aljarrah’s tweet highlighted this long-term performance to urge investors to recognize the asset’s potential.

His analysis suggests XRP could rise further from its current levels. For instance, he noted that if XRP reclaimed its all-time high, the $10,000 investment from $0.30 would deliver a 13X return.

Furthermore, Aljarrah projects that XRP could climb to $4.50, at which point the initial $10,000 would appreciate to $150,000. Interestingly, many in the XRP community believe $4.50 isn’t even the peak this cycle. They anticipate XRP breaking into double-digit price territory.

Meanwhile, critics often advise investors to take strategic profits to avoid missing out on gains by holding their positions for too long.

US SEC Ends Probe Into PayPal’s PYUSD Stablecoin

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The US SEC has ended another high-profile investigation into a crypto-related firm after dropping inquiries into PayPal’s PYUSD stablecoin.

Financial technology titan PayPal confirmed this development in its Q1 financial report, released on Tuesday, April 29. It revealed that the US Securities and Exchange Commission has ended its probe into its stablecoin, PYUSD.

PayPal’s Stablecoin Business on the Loose

The Wall Street securities watchdog launched an investigation into PayPal’s PYUSD in November 2023, three months after its launch. The prominent payment firm disclosed that the US SEC served it with a subpoena, requesting documents related to the stablecoin.

However, its recent regulatory filing disclosed that the SEC confirmed in February that it was ending the over one-year investigation without any enforcement action. The recent development adds to the growing list of crypto-related firms the commission has let off since Donald Trump resumed office.

Recall that the US SEC has officially ended its litigation and investigation against Coinbase, Kraken, and Consensys, while Robinhood, Crypto.com, and Uniswap, among others, disclosed that the regulator has also agreed to drop charges against them.

Remarkably, the regulator noted in Coinbase’s case that the move marked its efforts to end regulation by enforcement and, through the newly formed Crypto Task Force, reform its regulatory approach towards the sector.

Meanwhile, the disclosure comes on the heels of a better-than-expected financial report from PayPal. For context, it beats Wall Street’s expectation of $1.16 per share to record impressive earnings of $1.33 per share for the first quarter of the year. The firm’s revenue also grew 1% year-over-year to $7.8 billion.

PayPal Introduces Strategies to Boost PYUSD

The fintech’s PYUSD token has failed to gain traction in the stablecoin sector amid continued dominance from Tether’s USDT and Circle’s USDC. The duo controls 62% and 26% of the fiat-pegged industry’s market cap, respectively, and almost 90% combined.

Meanwhile, PYUSD ranks sixth in the sector, with a valuation of only $880 million, less than 1% of USDT’s $148 billion and 14% of USDC’s $62 billion. Nonetheless, PYUSD has grown 76.7% from $498 million at the start of the year to its current valuation, signifying increasing traction.

Moreover, PayPal has introduced new strategies to enhance the stablecoin’s utility. On April 23, it announced a new scheme that offers US users a 3.7% annualized yield for holding the PYUSD stablecoin on PayPal and Venmo. This latest loyalty offering will resume in the summer of 2025.

A day after the announcement, PayPal also unveiled a partnership with the leading US-based cryptocurrency exchange, Coinbase. The fintech firm disclosed that the extended collaboration aims to drive innovation in stablecoin-based solutions, starting with a fee-free and 1:1 redemption of PYUSD on the Coinbase trading platform.

Not Enough Bitcoin: Public Companies Acquired 95,000 BTC in Q1, While Only 165,000 Will Be Mined This Year

Bitwise CEO Hunter Horsley has raised concerns about a looming Bitcoin supply shortage as institutional demand grows at an unprecedented rate. 

According to Horsley, in 2025, 165,000 new BTC tokens are expected to be mined, but public companies alone purchased over 95,000 Bitcoins in the first quarter of the year.

 

This growing gap suggests that the mining rate may not be enough to satisfy the appetite for Bitcoin from institutional investors, potentially leading to a supply shortage. Notably, this shortage could contribute to a massive spike in price, benefiting those who hold the first-born crypto.

Surge in Institutional Bitcoin Purchases

Specifically, the first quarter of 2025 saw an extraordinary surge in Bitcoin acquisitions by public companies. According to an April 14 report by Bitwise, institutional investors’ combined Bitcoin holdings grew by 2.2%, reaching a total value of $56.7 billion. 

Notably, 12 companies purchased Bitcoin for the first time, with some of the largest acquisitions coming from Hong Kong construction firm Ming Shing and the YouTube alternative platform, Rumble. Ming Shing’s subsidiary, Lead Benefit, bought 833 BTC, while Rumble added 188 BTC to its balance sheet in mid-March.

Meanwhile, Tether, the issuer of the USDT stablecoin, made a significant move by purchasing 8,888 BTC on March 31, 2025, for approximately $735 million. This purchase catapulted Tether’s reserve wallet into the sixth spot among the top 100 richest Bitcoin addresses. 

As of April 14, 2025, public companies held a combined 688,000 BTC, which accounts for 3.28% of Bitcoin’s total 21 million supply.

Ongoing Bitcoin Acquisitions

Despite the massive purchases in Q1, some companies show no signs of slowing down in Q2. Strategy (formerly MicroStrategy) has continued to dominate Bitcoin acquisition efforts. 

On April 21, Strategy added 6,556 BTC to its balance sheet, spending $555.8 million on the purchase. This acquisition was funded by proceeds from two at-the-market (ATM) stock offerings. 

Just a week later, on April 28, Strategy made another major purchase, acquiring 15,355 BTC for $1.42 billion. With these acquisitions, Strategy’s total Bitcoin holdings reached 553,555 BTC, cementing its position as one of the largest corporate holders of the crypto.

Federal governments, as well as U.S. states, are also finalizing approvals for strategic Bitcoin reserves. This move further intensifies the competition for Bitcoin, compounding the supply-demand imbalance.

Cardano Founder Reacts to Bitcoin Controversy, Says Everything is Going as He Predicted

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A renewed debate over Bitcoin’s transaction relay policy has caught the attention of Cardano founder Charles Hoskinson, amid rising concerns over the use of non-financial data on the blockchain.

The discussion centers on OP_RETURN, a Bitcoin feature that allows users to attach small pieces of data to transactions, and a recent Bitcoin Core proposal that could potentially enable high volumes of arbitrary data through the network, challenging the protocol’s original design.

Hoskinson responded to the ongoing discourse by sharing a GIF suggesting that current developments are aligning with his past predictions. 

This response comes as part of a broader conversation about the interoperability between Cardano and Bitcoin, particularly in the context of wallet functionality.

Bitcoin Core Proposal Sparks Concerns

Hoskinson’s sarcastic response was in response to Jason Hughes, a notable voice in Bitcoin development, who flagged a pull request affecting Bitcoin Core’s transaction relay policy. According to Hughes, the proposed changes could allow gigabytes of arbitrary data to be relayed across the network before reaching the blockchain. 

This could strain individual nodes, slow transaction processing, and expand blockchain size—an issue he described as blockchain bloat.

To address these risks, Hughes recommended Bitcoin Knots, a version maintained by developer Luke Dashjr. He argued that this alternative enforces stricter rules and avoids more permissive transaction validation. Hughes also urged major mining pools such as AntPool and ViaBTC to reject the proposed Bitcoin Core update to safeguard the network’s intended functionality.

Mixed Reactions from Developers

This is not the first time Hoskinson has reacted to this debate. Hoskinson’s initial involvement followed a post by Cardano DRep Psiloblox, who criticized the limited support for OP_RETURN in most Bitcoin wallets. 

The criticism surfaced as Cardano’s native wallet, Lace, moved to integrate Bitcoin support. Psiloblox highlighted missed opportunities in current Bitcoin wallet designs, especially the absence of features allowing users to embed messages in transactions.

To illustrate the point, Psiloblox referenced a past request for Bitkit to introduce an OP_RETURN message field, suggesting that it auto-convert text into HEX for ease of use. He mentioned Moonshine wallet as a platform that already offers this feature. Additionally, Psiloblox proposed including a QR code scanning option for OP_RETURN fields, aiming to boost user experience and accessibility.

Possible Protocol-Level Restrictions

In further response to the controversy, developer Peter Todd weighed in with suggestions on minimizing non-financial data inclusion in Bitcoin blocks. While he acknowledged that Bitcoin Knots adopts a more cautious approach, he noted it still permits spam-like transactions under current rules.

To further mitigate these issues, Todd proposed a soft fork introducing new transaction constraints. These rules would permit only hash digests or public keys, increasing the computational cost of inserting irrelevant data. However, he clarified that this would not eliminate all forms of spam, especially those related to token trading activities.

XRP in 25 Years: Here are XRP Price Predictions for 2050

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XRP price predictions for 2050 from multiple sources suggest the asset could actually rally 106,000% to an ambitious four-digit price in the most bullish case.

XRP has continued to experience bearish pressure following a brief recovery attempt that temporarily lifted its price above $2.30. The asset encountered a modest correction as the broader market’s rebound momentum weakened, and it now trades at $2.25. 

Despite this extended consolidation at the $2.20 mark, an area where it has lingered for several weeks, bullish sentiment around XRP remains strong. Many market watchers still believe the asset could reach massive price levels in the long term, particularly by 2050.

To better understand what lies ahead, we examined long-term XRP price predictions from various sources, including AI models like ChatGPT from OpenAI and Grok from xAI, along with analysts at crypto platforms Telegaon and Changelly. 

ChatGPT’s XRP Price Predictions for 2050

In response, ChatGPT presented multiple possible scenarios based on varying growth rates and levels of adoption. In a conservative case where XRP experiences modest adoption and regulatory caution, the asset could grow by around 5% annually to reach $7.50 by 2050. 

ChatGPT Conservative and Moderate Scenarios
ChatGPT Conservative and Moderate Scenarios

That would represent a 233% increase from the current price of $2.25. A more moderate outlook with a 10% annual growth rate, supported by rising partnerships and adoption of Ripple’s technology, could push XRP to between $24 and $30, marking a potential surge of 967% to 1,233%.

However, in a high adoption scenario, where XRP becomes a core part of cross-border payments with widespread regulatory approval, ChatGPT sees prices between $120 and $150. This would translate to an increase of over 5,233% to 6,567%. 

ChatGPT Bullish and Extreme Bull Cases
ChatGPT Bullish and Extreme Bull Cases

Interestingly, ChatGPT’s most ambitious estimate comes from an extreme bullish case where XRP has an important role in central bank digital currencies (CBDCs) or the global financial system, predicting a speculative price above $500. This would mark an astounding rise of more than 22,000%.

Conversely, ChatGPT suggested that if XRP becomes obsolete due to better technologies or faces harsh regulatory setbacks, the price could fall below $1 or even approach zero.

Predictions from Grok, Changelly and Telegaon

Meanwhile, Grok AI made similar projections. In a bullish scenario where XRP gains mass adoption across financial sectors and benefits from global regulatory clarity, it could reach between $50 and $150. At the upper end of this range, the asset would rise 6,567% from its current value. 

However, a moderate scenario, assuming steady growth but facing competition from CBDCs and other technologies, places the 2050 price between $10 and $30, a growth of 344% to 1,233%.

XRP Price Predictions Grok AI
XRP Price Predictions | Grok AI

Further, if the asset faced lower growth rates due to market or legal challenges, Grok estimates XRP price would only climb to between $1 and $5, or experience a modest decline to a 122% increase at most.

Analysts at crypto resource Telegaon are also bullish on XRP. The platform’s analysts suggest XRP could reach a minimum price of $236.18 by 2050, with an average price of $252.43 and a potential peak of $285.56. Hitting this maximum would require a staggering 12,602% surge from today’s price.

XRP Price Predictions Telegaon
XRP Price Predictions | Telegaon

Meanwhile, Changelly analysts were the most optimistic. They expect XRP to open 2050 at a minimum of $1,667, potentially reaching as high as $2,409 by the end of the year. This scenario implies an extraordinary increase of over 106,000%, a figure unmatched by any other prediction examined.

XRP Price Predictions for 2050 Changelly
XRP Price Predictions for 2050 | Changelly

Banks Can’t Ignore XRP Anymore, Market Pundit Reveals Why Banks Will Utilize XRP

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A prominent XRP community commentator suggests why banks could utilize XRP amid what he believes is a looming financial crisis.

Notably, XRP maintains resilience amid bearish pressure, holding firm above the $2.2 price level despite struggling to break beyond it. As the broader crypto market enters another consolidation phase, XRP has faced a roadblock to its recent recovery push.

However, community pundits such as Versan Aljarrah, co-founder of Black Swan Capitalist, believe the asset’s long-term potential remains bullish. Aljarrah recently resurfaced a video analysis titled “Why Banks are Holding XRP” to explain how XRP could fit in the financial scene.

A Looming Financial Collapse?

In his presentation, Aljarrah argued why XRP could become important in overcoming a potential collapse of the financial system. He warned of a deepening global liquidity crisis. 

Specifically, Aljarrah linked the situation to Blackstone’s default on a $562 million debt, suggesting this could act as a catalyst for a cascade of margin calls in 2023. Such a development may trigger a domino effect throughout the markets.

To bolster his case, Aljarrah also presented commentary from various financial leaders. He first referenced a CNBC interview featuring Ed Deforest, a Senior Vice President at Moody’s Investors Service. Deforest noted that rising debt costs and deteriorating economic conditions are increasing the likelihood of more defaults. 

Speaking on this, Aljarrah stressed that margin calls have not yet materialized fully and that leveraged investors, those who borrowed heavily to invest in stocks and real estate, will be most vulnerable when the reckoning comes.

Institutions and Individuals Deeply Overleveraged

He then highlighted comments from Doug Casey, a best-selling author, who stressed that inflation might spiral much higher unless an overwhelming deflationary event occurs. 

Casey pointed out that both corporations and individuals are deeply overleveraged, and if economic activity slows, defaults will skyrocket. Aljarrah agreed, stating that the debt crisis could rapidly lead to widespread bankruptcies, intensifying pressure on an already fragile financial system.

He further explained that as margin calls force businesses to liquidate assets, prices will plunge, feeding a vicious cycle of selling. The pundit warned that this liquidity crunch, once it reaches the real economy, could result in restricted access to credit for businesses and consumers alike. This may usher in a prolonged phase of economic stagnation.

Further, another comment on Aljarrah’s video came from Larry McDonald, CNBC contributor and author of The Bear Traps Report. McDonald mentioned that systemic risk indicators suggest one of the highest probabilities of a stock market crash within 60 days. 

Interestingly, he suggested that each 1% interest rate hike removes about $50 billion from middle-class families, which compounds financial strain.

XRP Could be the Solution

Meanwhile, as financial conditions worsen, Aljarrah presented XRP as a solution. He spotlighted the utility of XRP and its underlying technology in injecting liquidity into the financial system. 

The market pundit then featured an interview with Rosa Rios, a former U.S. Treasury official and Ripple board member, who explained that Ripple, and by extension XRP, plays a major role in facilitating cross-border payments.

Aljarrah noted that XRP’s on-demand liquidity function could become crucial when traditional financial systems falter. He stressed that as central banks prepare for liquidity shocks by holding gold and potentially XRP, the Ripple protocol already fits into central bank payment rails. He speculated that once the financial collapse unfolds, a shift toward utility tokens like XRP could follow.

Further, the video also included comments from Ripple CEO Brad Garlinghouse, who criticized regulatory approaches in the U.S. and advocated for frameworks that support innovation while protecting consumers. 

Aljarrah believes that once the liquidity crunch hits, the demand for XRP will surge, potentially driving up its price, especially if legal uncertainties surrounding the asset, such as the SEC lawsuit, are resolved soon.

More DeFi Presence for XRP as Asset Nears Integration Into THORChain

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THORChain has announced the imminent integration of XRP into the protocol’s mainnet, offering massive benefits to XRP and RUNE holders.

The decentralized liquidity platform shared in a tweet on Tuesday, April 29, that XRP swap is coming to its protocol. The much-anticipated integration will bring decentralized finance (DeFi) presence to XRP, with THORChain tapping into XRP’s massive trading volume.

Integration Much Bigger Than You Think

THORChain is a decentralized cross-chain liquidity provider that enables seamless swaps across supported networks without relying on centralized exchanges or wrapped tokens. The platform bridges swaps between Bitcoin, Ethereum, BNB, and five other assets.

On April 11, the network announced that XRP swaps are now live on stagenet, its testnet. THORChain revealed that it would make the third-largest cryptocurrency by market cap the next asset available for decentralized trading on the protocol, with mainnet integration slated for May.

Notably, the integration, led by Strangelove and THORChain’s core developers, Nine Realms, will introduce native, non-custodial swaps for XRP holders. This allows users to swap the token for other supported coins on the platform directly through self-custody wallets and without the need for centralized exchanges or wrapped tokens.

Furthermore, the announcement emphasized the importance of this support for both chains. First, XRP ranks third among tokens in the crypto market with the highest trading volume. With an average daily liquidity of $2 billion, the massive volume would lead to increased swaps, which in turn could amplify protocol generation fees and yields for the THORChain ecosystem.

Consequently, the addition will bring a better DeFi presence for XRP, which has most of its trading controlled by centralized exchanges. Additionally, it will spell the end of wrapping, synthetic derivatives, and intermediate custodial solutions for XRP swaps.

Extra DeFi Functionalities for XRP

Interestingly, THORChain teased that the integration would also set the pace for DeFi functionalities for XRP. It shared that the support lays the groundwork for expansion to the Rujira Network, an application built atop the THORChain.

The Rujira alliance offers specific functionalities, including over-the-counter (OTC) trading, interoperability, and DeFi features. Meanwhile, THORChain suggested that XRP’s integration could eventually lead to the introduction of native lending, perpetual trading, and spot order books for the asset’s holders.

Notably, a lack of native DeFi functionalities on the XRP Ledger has been a pain point for XRP enthusiasts. While Ripple aims to change this narrative with the imminent new programmability, protocols like Flare have also taken the initiative to offer DeFi features to XRP holders.