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Cryptocurrency News Articles

XRP Reclaims the Spotlight with a Powerful Rally, Surging Above $2.57

May 14, 2025 at 11:53 pm

This bullish momentum follows a steady rise in XRP's market capitalization, now positioning it firmly within the top five cryptocurrencies globally.

XRP Reclaims the Spotlight with a Powerful Rally, Surging Above $2.57

XRP price is heating up again as the altcoin surges above the $2.57 level, marking one of its strongest performances of 2025 so far.

This bullish momentum follows a steady rise in XRP’s market capitalization, now positioning it firmly within the top five cryptocurrencies globally.

The price leap comes amid renewed optimism about Ripple’s legal standing and broader adoption of its cross-border payment solutions.

This has drawn interest from liquidity providers, who are flowing into the market, setting the stage for a potential rally toward the $3.00 resistance.

Technical indicators also suggest that the bulls have taken control, setting the stage for a test of the $3.01 resistance zone.

A breakout above this level could trigger a fresh wave of buying interest, potentially pushing XRP toward its previous all-time highs.

However, before we get ahead of ourselves, let’s take a closer look at the key technical levels to watch.

On the downside, the bulls are likely to defend the $2.50 support. This is followed by the $2.40-$2.38 support, which could come into play if the bears manage to push through the initial support.

On the upside, the next major resistance is at the $3.00-$3.01 resistance zone. A breakout above this level could open the door for a move toward the $3.50-$3.48 resistance.

Finally, if the bulls can manage to push through the $3.50-$3.48 resistance, then the all-time high of $3.88-$3.90 could come into play.

Coinbase Issues Regulatory Warning to XRP, DOGE, and ADA Holders

Meanwhile, Coinbase has issued a cautionary note to holders of XRP, Dogecoin (DOGE), and Cardano (ADA).

The exchange is highlighting potential regulatory issues that could impact staking services and the classification of these assets as securities.

Coinbase clarified that trading and custody of these assets remain unaffected. However, users should be aware of evolving legal interpretations that could affect staking rewards and future exchange services.

Coinbase’s Main Points:

The exchange's statement is in response to increasing scrutiny from U.S. regulators on crypto activities.

Earlier this year, the Securities and Exchange Commission (SEC) sued Coinbase for allegedly offering unregistered securities to U.S. investors.

The agency specifically named several altcoins, including SOL, ADA, and DOT, as the subject of the lawsuit.

This lawsuit followed a similar case against XRP in December 2025.

The SEC claims that several altcoins should be classified as securities due to the nature of fundraising through token sales.

Coinbase is now highlighting this legal angle to inform users about potential changes in service offerings.

The exchange said it is assessing legal and regulatory implications "on an ongoing basis."

Coinbase’s warning implicates widely held altcoins, making it a noteworthy development in the evolving regulatory scene.

This serves as a reminder that legal clarity remains a pivotal factor for the long-term sustainability of crypto projects, even as market prices rally.

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Other articles published on Jun 20, 2025