The main dishes to remember:
The two most optimistic events ever imagined by the defenders of XRP (XRP) took place in 2025, but XRP continues to underform the cryptocurrency market. On March 6, XRP was listed as a candidate for the “digital asset reserve” of the United States and Ripple Labs paid a complaint of several years with the Securities and Exchange Commission of the United States on May 8.
XRP fell 6% in the three months preceding on May 22, while the overall market capitalization of cryptography increased by 10%. Traders hope for a rally of 45% to $ 3.50, with derived measures reporting an increase in confidence.
Lever use ramps before the list of ETF Spot Patants
The overall open interest in term contracts on XRP on the main scholarships increased to 923 million XRP on May 22, up 31% compared to two weeks earlier. The position of $ 2.2 billion on the term markets signals the growing interest of merchants, but it is not necessarily optimistic, because these instruments can also be used to speculate on the drop in XRP price.
Some traders argue that the increased demand for XRP positions with leverage indicates increasing institutional interests, especially since multiple transmitters were deposited for a list of XRP (ETF) exchange funds in place of XRP in the United States. However, the final decision of the American Sec should be made in October.
The excessive demand for XRP with an increase effect causes a positive financing rate, which means that long (buyers) are those which pay the cost of transport. As cryptocurrency merchants are generally optimistic, an annualized funding rate of 7% to 14% is expected in neutral markets, while FOMO periods can push the indicator greater than 50%.
The annualized financing rate increased to 19% on May 22, approaching the highest levels in six months. However, the current level of optimism is far from the rate of financing announcing 100% compared to December 4, 2024, which followed an impressive rally of 7 days to $ 2.90 against $ 1.33. Far from being lower, the current level leaves room for the bullish positioning on the XRP term markets.
In relation: Which senators invest in the crypto? 11 legislators have investments related to blockchain
Favorable regulations open the door to new partnerships and acquisitions
Part of the increase in the limited XRP price can be explained by the multiple refusals of the American senator Cynthia Lummis, president of the subcommittee of digital assets of the American Congress, to meet representatives of undulation. Ripple CEO Brad Garlinghouse asked on May 19 that the legislator “reconsidering and being a leader for the whole crypto” and discussing “how to make the United States the capital of the world of cryptography”.
There is nothing to prevent XRP from hitting $ 3.50 or even more, because Ripple Labs no longer faces direct threats from regulators, which opens the way to partnerships and acquisitions. Historically, XRP reacted very positively as a result of these announcements, and the interests open to $ 2.2 billion could help catapult the XRP price higher at the current level of $ 3.25.
This article is for general information purposes and is not intended to be and must not be considered as legal or investment advice. The points of view, the thoughts and opinions expressed here are the only of the author and do not reflect or do not necessarily represent the opinions and opinions of Cointellegraph.
