XRP is under pressure as the crypto market struggles to stay afloat. After Bitcoin slipped below $80K, XRP’s Open Interest dropped sharply from $3.22 billion to $2.83 billion—signaling that many investors are heading for the exit. Confidence in XRP seems to be fading for now, and if the selling continues, prices could tumble to $1.62 or even $1.50.
But just as things looked bleak, Ripple released a new video—and eagle-eyed viewers spotted something surprising.
Let’s break down what’s going on.
Despite the market’s weak performance, Ripple recently released a new video that’s grabbing attention. Viewers noticed the Cardano (ADA) logo in the video, leading to speculation that Ripple and Cardano might be working together on a big project.
The video focuses on tokenization—converting real-world assets like property or artwork into digital tokens—and says this industry could grow to $18 trillion by 2033. The presence of the ADA logo has many wondering if Ripple and Cardano are preparing to join forces in this growing space.
Ripple and Cardano are both based in the U.S., which adds weight to the partnership rumors. With political support for crypto increasing in the U.S., many believe now is the right time for major projects to collaborate.
Ripple has also been pushing ahead with its own developments, like the upcoming RLUSD stablecoin. If the two platforms are indeed teaming up, it could lead to major progress in digital assets and blockchain adoption.
After last week’s steep drop, XRP has recovered slightly to $1.92 as some investors take advantage of lower prices. Still, the overall sentiment in the market remains cautious. Concerns over President Trump’s new tariffs and weak on-chain activity are holding traders back.
Data suggests that XRP may be undervalued right now, which could help support a rebound. However, weak demand and bearish technical signs—such as a sluggish MACD and RSI—are keeping many investors wary. XRP needs to stay above $2 to show real strength, but for now, the market is still testing the waters.
If a Ripple–Cardano partnership is confirmed, it could drive a major price rally for XRP. Technical analysis shows the token’s first target would be around $2.15, its recent high. The next key range is between $2.08 and $2.62, a zone where XRP has seen heavy trading in the past.
A strong move above $2.08 could push prices to $2.41 or even $2.62. In a more bullish scenario, XRP could surge to $3.40—a 79% jump from its current level.
Excitement Builds, But No Confirmation Yet
So far, there’s no official confirmation of a Ripple–Cardano partnership. Some believe the ADA logo might have been added by mistake or through AI-generated editing. Still, the possibility of a collaboration has sparked excitement among XRP supporters.
While the potential is there, the current market mood is cautious. If Bitcoin continues to fall, XRP could face more pressure before any meaningful recovery.
The charts may be shaky, but behind the scenes, the pieces might just be lining up for something no one saw coming.
With the next U.S. Federal Reserve meeting just around the corner on May 7, traders…
Pi Coin is currently trading at $0.5883, down 0.1% in the past day. It is…
Most people still can't use their crypto at the corner store. That's just how it…
A Kenyan court has ordered Sam Altman's crypto project, World (formerly Worldcoin), to erase all…
The Federal Reserve’s upcoming FOMC meeting on May 7, 2025, is drawing serious attention from…
Florida’s proposed Bitcoin Reserve Bills, HB 487 and SB 550, have officially failed. The state…
