XRP Faces Pressure Amid Whale Panic and ETF Delays — $2.88 Remains the Key Level to Watch
According to crypto enthusiast Royalityworld, XRP’s recent downturn underscores a mix of technical weakness, large-holder panic, and delays in ETF progress, a combination that’s shaken short-term investor confidence while spotlighting critical support near the $2.70–$2.80 zone.
XRP, long viewed as a leading candidate for institutional adoption in the payments sector, has seen its momentum stall in recent weeks. The token’s decline comes amid broader uncertainty across the altcoin market, with profit-taking by whales, large investors who control substantial token supplies, intensifying selling pressure.
Royalityworld suggests that this “whale-driven panic” amplified XRP’s drop, triggering stop-loss cascades and liquidations on leveraged positions.
From a technical perspective, XRP’s chart shows clear signs of a breakdown after losing key moving averages and slipping below its bullish channel.
Short-term sentiment has turned bearish, but analysts point to the $2.70–$2.80 range as a critical on-chain accumulation zone where long-term holders are defending positions.
Meanwhile, stabilized wallet activity suggests selling pressure may be easing, hinting that the worst of the correction could be over.
Adding to the uncertainty is the stalled progress on XRP ETF developments. After early-year optimism over potential approvals, the silence from regulators has left investors cautious.
According to Royalityworld, this stagnation has dampened sentiment, with traders now waiting for regulatory clarity that could revive institutional interest and fuel XRP’s next major rally.
Despite recent volatility, analysts remain cautiously optimistic. Royalityworld identifies $2.88 as the pivotal level for a potential reversal, a decisive breakout above it could reignite bullish momentum and restore XRP’s broader uptrend.
Ripple Formally Integrated into the Eurosystem via Strategic Partnership with SIA
According to renowned crypto observer SMQKE, Ripple has been formally integrated into the Eurosystem through its strategic partnership with SIA, an Italian payment infrastructure provider known for connecting Europe’s major banks and central institutions.
Therefore, this development marks a significant milestone for Ripple, positioning it at the heart of Europe’s digital finance infrastructure.
SIA, now part of Nexi Group, runs one of Europe’s most advanced and secure financial networks, connecting banks, payment processors, and central banks through real-time infrastructure.
By integrating Ripple’s blockchain-powered settlement technology, this network gains the potential to deliver faster, cheaper, and more transparent cross-border payments across the Eurozone, embedding Ripple directly into the core of Europe’s financial system.
SMQKE emphasized that this integration marks more than just a partnership, it signifies Ripple’s official entry into the Eurosystem, which includes the European Central Bank and national central banks across the Eurozone.
Through SIA’s extensive network, Ripple gains direct access to major European financial institutions, positioning the XRP Ledger for institutional adoption within regulated payment infrastructure.
Conclusion
XRP’s recent downturn underscores the fragile interplay between sentiment, technicals, and institutional momentum. Whale-driven selloffs and stalled ETF progress have clouded near-term outlooks, yet strong on-chain support at $2.70–$2.80 reflects enduring investor confidence.
The $2.88 mark now serves as a pivotal psychological and technical barrier, its reclaim could reignite bullish momentum and transform fear into renewed optimism.
Ripple’s integration into the Eurosystem via SIA marks a strategic breakthrough for blockchain adoption in regulated finance. By linking the XRP Ledger to one of Europe’s core payment infrastructures, Ripple positions itself at the crossroads of traditional banking and digital settlement innovation.
Therefore, this move strengthens its institutional credibility while signaling Europe’s growing embrace of blockchain technology within its financial framework.
