XRP has seen significant growth recently, surpassing BNB following another week of strong performance.

Ripple’s acquisition of Hidden Road, a deal valued at $1.25 billion, has recently concluded, creating waves within the financial community. It was announced on April but just recently highlighted that the firm will be rebranded as Ripple Prime. This marks a pivotal moment, making Ripple the first company in the crypto sector to own and operate a global, multi-asset prime broker, aimed at offering digital assets to institutional clients on a larger scale.

Teuncrium’s CEO remarked on Ripple’s ambitious strategy, claiming that they are ‘building the new Wall Street with XRP and Hidden Road.’

Further, Garlinghouse used the social media platform X to emphasize Ripple’s five major developments since 2023. Despite facing pressures from the SEC’s lawsuit, Ripple has successfully acquired other firms like Metaco and Standard Custody & Trust Company to strengthen its market position.

As for 2025, Ripple continues to expand, announcing a deal to purchase Rail for $200 million and GTreasury for $1 billion.

XRP Reclaims Fourth Spot

The token is experiencing a 11.5% weekly increase, bringing its value to $2.65, which elevates its market capitalization to nearly $159 billion, positioning it as the fourth-largest cryptocurrency, overtaking BNB. Interestingly, this price hike occurs as large holders, referred to as whales, demonstrate sell-offs.

Conversely, James Wynn, a notable meme currency trader, has expressed his commitment to Ripple, stating his belief in its potential to transform banking systems. Additionally, analyst Ali Martinez has spotlighted XRP’s current price movements, forecasting its next resistance at $3.00.

Ali: “Two key levels for $XRP:** – Support at $2.15 – Resistance at $2.80 image

For more updates and articles, explore links below:

• Ripple’s XRP Breaks 2-Week High
• Ripple’s Major Recent Moves
• Evernorth’s Recent Funding

Stay tuned for further developments.