Ripple's acquisitions and upgrades to XRPL could lead to significant price breakout for XRP
From Cointelegraph
June 27, 2025 5:37 am:
Ripple’s recent acquisitions and upgrades to the XRPL support a bullish case for XRP. CME XRP futures hit $542.8 million in volume in the first month. XRP price has been stagnant but is expected to break out to $5-$14. Ripple’s strategic moves, including acquiring Hidden Road for $1.25 billion, aim to cater to institutional investors. Ripple plans more acquisitions and upgrades to the XRPL blockchain for increased programmability and interoperability. The partnership with Wormhole will enhance multichain interoperability on the XRPL and its upcoming XRPL EVM Sidechain, similar to Ethereum’s evolution.
Growing exposure to CME XRP futures could drive a significant price breakout for XRP, with over $542.8 million in trading volume since launch. The spot XRP ETF approval could attract more capital inflows, solidifying XRP as a mainstream asset. The XRP price technicals suggest a breakout to $5, with analysts projecting targets between $8 and $27. A positive breakout from the pennant could lead to a 564% increase to $14. Buyers driving the price above $2.65 could trigger a rally to $3 and beyond.
Read more at Cointelegraph: Could Ripple’s ‘Multiple Acquisitions’ and XRP Ledger Upgrades Trigger XRP’s Breakout above $2.60?