Saudi Arabian Monetary Foundation's cross-border payment experiment sparks buzz, with XRP leading the pack in potential transformations
In the cryptocurrency market, XRP has been a subject of interest in recent weeks, with significant developments shaping its trajectory.
While large whales have been the primary accumulators of XRP, with a staggering 340 million XRP amassed in the two weeks leading up to September 9, 2025, institutional investors have been liquidating their positions. This trend suggests a potential rebound, with the price holding in the 2.50 - 2.85 range, according to market analysis.
The Relative Strength Index (RSI) for XRP stands at 44, indicating a slight bearish bias with a state of neutral exhaustion. This, coupled with low trading volumes, as warned in recent reports, could potentially hinder a significant price rise in the near term.
However, a potential XRP bounce is possible. A breakout at $3 or higher is likely if the token captures the liquidity associated with the 2.50 support and volumes start rising. A significant injection of $700 million in XRP was observed via a link to the Kraken exchange, which could contribute to this increase in volume.
One factor that could influence investor sentiment is the prediction by the Chinese AI model DeepSeek of a significant rise in XRP by the end of 2025. The prediction is based on institutional demand, new ETF registration requests, and the strong correlation with Ethereum's recent historical highs.
The technology behind XRP, Ripple's xCurrent, has been making strides in global adoption. It went live in 2019 as part of Saudi banks' infrastructure, and was tested for instant international payments by the Saudi Arabian Monetary Authority (SAMA) in 2018. This collaboration aligns with broader globalization and positions XRP technologies at the forefront of financial innovation.
The collaboration with central banks, including England's, indicates a trend towards adopting blockchain-based systems. This adoption could save Saudi banks $200 to $400 million annually by eliminating intermediaries like SWIFT, as estimated by Moody's.
It's important to approach AI-driven predictions with caution, as they can influence individual investor sentiment. Reaching $5 may remain a near-term dream until buyers gain more confidence, but if XRP maintains support at 2.50 and increases trading volume, a breakthrough to $3 or more is possible.
In conclusion, while the XRP market presents some challenges, the potential for a bounce remains, driven by institutional accumulation, global adoption, and the promise of innovative technology. As always, investors are advised to conduct their own research and consider their risk tolerance before making investment decisions.
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