Following a stormy week that erased over $1 trillion in crypto market capitalization, signs of recovery are emerging, with the XRP price leading the way. While Bitcoin struggled to hold the $104,000 mark and Ethereum remained under pressure near $3,400, the XRP price rallied nearly 5% to trade around $2.31, outpacing both majors.
Analysts attribute this strength to robust fundamentals, including Ripple’s strategic partnership with Mastercard and renewed institutional interest following a $500 million investment round.
The Mastercard collaboration marks one of the first instances of a U.S.-regulated bank testing real credit card transactions on a public blockchain through Ripple’s RLUSD stablecoin. The move underscores the growing shift from speculative crypto use cases to enterprise-grade payment infrastructure.
Momentum also intensified after BlackRock’s Director of Digital Assets, Maxwell Stein, hinted at Ripple’s Swell conference that “trillions are definitely coming on-chain.”
The buzz comes as Ripple’s valuation climbs to $40 billion following its latest funding round, led by Fortress Investment Group and Citadel Securities. Major firms, such as Pantera Capital and Galaxy Digital, also joined, backing institutional confidence in Ripple’s blockchain-based payment systems.
Observers say that this backing, blended with the growing utility of the network, positions XRP as a frontrunner for the next institutional adoption wave.
Despite the broader market’s volatility, on-chain data reveals growing conviction among XRP holders.
This combination of reduced exchange supply, rising wallet creation, and expanding institutional partnerships paints a bullish picture for XRP’s medium-term trajectory. If the asset maintains support above $2.30, analysts expect a possible move toward the $2.60–$3.00 range.
As Bitcoin and Ethereum consolidate, XRP’s growing real-world utility and corporate adoption suggest that the XRP price recovery may not just be a relief bounce, but the start of a new leadership phase in the next crypto cycle.
Cover image from ChatGPT, XRPUSD chart from Tradingview