XRP Buyers Cheer As Ripple Price Returns Above $2 After Strategic $1.5B Acquisition
The XRP price has bounced to $2.10 today, after Ripple slipped to $1.63 on Monday, as tariff freeze news improved risk sentiment.
XRP Finds Strong Support, Rebounds Sharply
Ripple (XRP) has been on a volatile ride in recent weeks, but savvy investors who bought during the dip are now celebrating strong gains. In early March, XRP rallied by 50%, jumping from $2.00 to $2.98 after President Donald Trump referenced Ripple and other cryptocurrencies in a speech about the proposed National Crypto Reserve.
However, the momentum didn’t last. Trump later clarified that XRP, Solana (SOL), and Cardano (ADA) were not included in the reserve, triggering a sharp selloff. The token dropped below $2.00 as sentiment turned bearish.
Ripple Chart Daily – The Last Support Held
Despite the pullback, XRP found reliable support at several key levels: first at $2.20, then below $2.00, and finally just under $1.80—where the 200-day simple moving average (SMA) offered additional technical support. Buyers stepped in decisively at each of these levels, signaling strong interest in accumulating XRP during weakness.
Trump Comments and Broader Market Rally Revive Optimism
Today marked a turning point. President Trump again made market-moving remarks, this time lifting sentiment across risk assets. U.S. equity indices posted strong gains, with major benchmarks rising around 10% and big tech names surging 20%. The cryptocurrency market followed suit, led by Bitcoin which jumped over $8,000 to reclaim the $80K level.
XRP joined the rally, surging on renewed investor optimism. The rally was further bolstered by Ripple’s latest strategic move—a $1.25 billion acquisition of Hidden Road, a global brokerage platform. This deal will allow Ripple to scale up its institutional services across FX, digital assets, and derivatives, marking a major step in expanding its footprint in traditional finance.
Ripple’s $1.25B Hidden Road Acquisition Signals Bold Institutional Leap for Crypto
Ripple Breaks Ground with Major Prime Brokerage Acquisition
In a transformative move for the digital asset sector, Ripple has announced the $1.25 billion acquisition of Hidden Road, a leading global prime brokerage platform. This marks a significant milestone, positioning Ripple as the first crypto-native firm to own and operate a multi-asset prime broker with global reach.
Hidden Road brings serious weight to the table. With over $3 trillion in annual transaction volume and a client base of more than 300 institutions, its infrastructure, liquidity capabilities, and traditional finance integration set a new benchmark for Ripple’s ambitions. The acquisition represents more than just expansion—it’s a strategic alignment aimed at bridging the gap between crypto and traditional finance.
XRP Ledger and RLUSD Move Center Stage
Ripple plans to leverage Hidden Road’s infrastructure to scale adoption of RLUSD, its enterprise-grade USD-backed stablecoin. In a first-of-its-kind development, RLUSD will be used for cross-margining between digital assets and traditional financial instruments. This integration promises to boost capital efficiency for institutions managing diverse portfolios.
The partnership will also see Hidden Road shift its post-trade operations to the XRP Ledger (XRPL), reinforcing Ripple’s commitment to blockchain efficiency and decentralization. This transition is expected to streamline workflows, cut operational costs, and solidify Ripple’s role in institutional-grade payments and asset custody services.
Institutional Ambitions in Full View
This deal clearly signals Ripple’s intent to dominate the institutional crypto infrastructure space. With its stablecoin ecosystem expanding and XRPL gaining utility, Ripple is positioning itself at the heart of a rapidly evolving financial landscape. The integration of traditional finance tools and crypto-native innovations could redefine how large institutions approach blockchain adoption—and Ripple is leading that charge.
Conclusion: The XRP Jump Has to Turn into A Rally
Despite lingering legal battles with the SEC, Ripple is showing resilience both in market performance and business strategy. The combination of technical strength, positive macro sentiment, and strategic acquisition has pushed XRP sharply higher. For those who bought the dip at key support levels, the rewards are already materializing—and more gains may lie ahead if regulatory clarity continues to improve and institutional adoption accelerates.
SEC Blocks Attempt to Add New Evidence in Ripple Case
The SEC has opposed a bid to introduce new evidence in its ongoing lawsuit against Ripple Labs. The request came from Justin W. Keener, who submitted the petition last week to support Ripple’s defense.
In a letter to Judge Analisa Torres, the SEC argued that the case is currently on appeal in the Second Circuit, preventing the district court from considering new filings. The agency also noted Keener failed to follow proper procedure by not filing a motion to intervene.
The SEC added that any new evidence should come directly from Ripple, not third parties, and claimed the request would serve no legal purpose.
Ripple XRP Live Chart
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