XRP News today: XRP exceeds $ 2.50 as Volume for Trading Soars-South Korea Frenzi and ETF Buzz Fuel XRP Rally

XRP is once again in the center of attention, because 13. May 20. May violated $ 1.50, recording 5.3% of daily gains to reach $ 2.55.

Rally followed a significant increase in trading volume, which spread to $ 10.7 billion, signaling the restored interest in investors. This climb came after a digital means bounced from a Key technical support To $ 2.47, the estuary zone is marked by 38.2% Fibonaci Retrea levels (and growing trends on short-term charts.

The CSRP swing also supports its position above the 50-period exhibited moving average (EMA) to $ 2.41, a level that has historically indicated the level Bullaska feelings. If the KSRP maintains this path, analysts suggest that $ 2.56 resistance could open the way to the next potential turning point at $ 2.70.

Ripple XRP News: South Korea takes over lead

The main driver behind the top of XRP was Blessed trading In South Korea. In Sail– The largest Korea, the largest CRIPTO Exchange-KSRP saw more than $ 1 billion in volume within 24 hours, surpasses both Bitcoin and Etherum Trade Activities. Other superior exchange in the country, including Binthumbem, Coinone and Corbit, also reported unusually high amounts of KSRP.

XRP Trading Volume on the Top Cripto Stock Exchange in South Korea overturned 1.2 billion dollars in 24 hours, surpasses Bitcoin and Etherum in combination. Source: Cryptobless over x

This rafal seems to be overturned “cumulative strength of delta”, metric that measures aggressive purchase in relation to sales, on the bull’s attitude. Historically, South Korean demand execution had significant influence About the price of the KSRP, increasing its status from the most popular cryptographers in the region.

Update Litigation for Ripple: Settlement increases Sentiment

Adding fuel on the rally is a resolution a Critical legal battle. Recent RIPLJE LABORATORIES reached a settlement With American securities and exchange commissions (SEC), agreed to a reduced capacity of $ 50 million from $ 125 million proposed. This signifies the main turning point in a multi-year-old CVs of the KSRP, which brought into question whether Ripple’s token was unregistered security.

Further improving Outlook, SEC has discarded His appeal against the judgment that KSRP sales on the public stock exchange is not represented by securities transactions. Ripple also withdrew his own appeal against the court’s decision regarding $ 728 million of institutional sales.

With these results, Regulatory clarity Around XRP is improving. “This resolution eliminates the key to the ribula and its ecosystem cover,” a higher crypto analyst commented. Development did not only stabilize the regulatory state of the KSRP, but also re-strengthened optimism around the initiation of potential product – the most recognizable Spot XRP screen-trading fund (ETF).

Technical setting remains constructive for XRP price

From a technical point of view, the XRP seems to have broke out of the multimonth drop-down wedge in shape Classic Bullish Signal. The termination occurred above $ 2.25 and held above the 50-Period EMA on a three-day chart. This form proposes a potential continuation according to level $ 3.55, although the resilience is expected close to $ 2.80.

XRP is a branched structure with ETF Buzz, sad resolution and growing institutional adoption that encourages the potential increase towards the previous time. Source: Lucask589 At Tradingview

The relative power index (RSI) also recovered above 57, indicating the strengthening of purchase pressure. Analysts believe in $ 2.56 resistance level will be crucial for short-term swing, with $ 2.70 as the next goal If customers maintain control.

ETF Optimism and wider market rally add drip

XRP also benefits from a wider market feel. Bitcoin recovery Above the $ 100,000 is a risk appetite over digital property, and the CSRP drives that wave. At the same time, chatter around as per Spot XRP ETF intensified after legal settlement. Grhovski Observers See ETF narrative as a potential transformative catalyst for Long-term price appreciation.

According to Geoffrei Kendrick, Chief Cripto Research at Standard rentThe XRP value could reach as much as 8.00 USD to 2026. and $ 12.25 to 2029. year, referring to regulatory clarity and expanding institutional interest.

Looking ahead: Market swing buildings

Combination of growing trading activities – especially in southern Korea-Regulatory breakthroughs In the lawsuit of KSRP SEC and strong technical indicators, they positioned the KSRP as one of the cryptocurries of the upper performance in mid-May 2025. Years.

XRP traded about $ 2.55 in time of pressure. Source: XRP liquid index (XRPLX) via Brave new coin

Until XRP has up Key support zones and continues to attract both retail and institutional interest, it is bikarski trend It seems to continue. With the swing building, the Cripto community will carefully watch if the KSRP can maintain its winnings and eventually cause The following resistance levels.

For now XRP breaking over $ 2.50 more than only a technical interruption– It’s a signal of renewed trust in scrubbing ecosystem.