Main takeout:
The two largest incidents that XRP (XRP) advocates imagined occurred in 2025, but XRP continues to fall in the cryptocurrency market. On March 6, XRP was listed as a “Digital Asset Reserve” candidate in the United States, and Ripple Labs solved many years of dissatisfaction with the US Securities and Exchange Commission on May 8.
XRP has fallen 6% for three months until May 22, while the total market cap has increased by 10%. Merchants hope 45%of the rally as $ 3.50, and derivatives indicators are increasing trust.
Use the lamp ahead of the potential point XRP ETF list.
The total shares of XRP futures on major exchanges increased to 923 million XRP, up 31% from 2 weeks ago on May 22. The $ 2.2 billion of Future Markets is a signal that raises the attention of traders, but it is not necessarily optimistic because the device can be used to guess the decline in XRP prices.
Some traders indicate that the increase in demand for leverage XRP positions is increasing, especially as multiple publishers submit a list of XRP Exchange-Traded (ETF) in the United States. But the final decision of the US SEC must be made in October.
Excessive demand for optimistic use XRP causes positive funding ratios. In other words, long (buyer) pays the cost of transportation. Cryptocurrency traders are generally optimistic, so in the neutral market, annual funding rate of 7%to 14%is expected in the neutral market, while the FOMO period can push the indicators to more than 50%.
The annual funding rate increased to 19%on May 22, nearly the highest level in six months. Nevertheless, the current optimism level was not close to 100% annual funding rate since December 4, 2024, which led to a seven -day rally from $ 1.33 to $ 2.90. The current level that is not far from the weak is left for a strong positioning in the XRP futures market.
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Some of the limited XRP prices can be explained by the rejection of Cynthia Lummis Senator, the chairman of the US Congress Digital Asset Subcommittee to meet Ripple CEO. Ripple CEO Brad Garlinghouse CEO said on May 19, a parliamentary member asked how to become a leader and leader of all encryption and how to make the United States into the world’s encryption capital.
Ripple Labs no longer faces a direct threat of the regulatory agency, so there is nothing from preventing XRP from hit $ 3.50 or more. Historically, XRP has reacted very positively according to these announcements, and the $ 2.2 billion gift interest can help the XRP price exceeds the current $ 3.25 maximum.
This article is for general information purposes and should not be considered legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.