While U.S. inflation data signaled a cooling trend, Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, called the introduction of a new bipartisan crypto bill “a big step forward,” offering hope for the embattled crypto sector amid ongoing uncertainty around the XRP lawsuit.

U.S. Inflation Cools but Fails to Stabilize XRP Price

On May 30, the U.S. Bureau of Economic Analysis reported a drop in the Core Personal Consumption Expenditures (PCE) Price Index to 2.5% annually for April—its lowest level since March 2021. This signals easing inflation, down from March’s 2.7%. Despite this development, broader market sentiment remains fragile.

Ripple (XRP) was trading at around $2.14, down 2.92% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

XRP traders were rattled by a federal court’s decision to pause a ruling that previously blocked the implementation of President Trump’s proposed tariffs. The temporary reinstatement of tariff uncertainty added to investor caution. As a result, XRP price extended losses, sliding to $2.17, down from a recent high of $2.65.

Liquidations followed swiftly. Over the last 24 hours, nearly $30 million in leveraged positions were wiped out—$29.75 million from longs alone—highlighting extreme market stress. According to CoinGlass data, XRP derivatives saw a 10% drop in Open Interest alongside a 42% jump in trading volume, indicating that volatility is far from over.

Ripple’s CLO Praises New Crypto Bill Amid Ongoing XRP SEC Dispute

As price pressure mounts, Ripple’s top legal executive, Stuart Alderoty offered a contrasting note of optimism. Posting on X (formerly Twitter), Alderoty lauded the Digital Asset Market Clarity Act, a bipartisan bill introduced by a group of U.S. lawmakers. He described it as a “big step forward” for establishing much-needed regulatory clarity for digital assets like Ripple XRP.

The bipartisan CLARITY Act marks a significant step toward establishing clear and practical crypto regulations in the U.S. Source: Stuart Alderoty via X

“The U.S. is finally moving toward a rational and workable framework for crypto,” Alderoty wrote, applauding the efforts of Representatives French Hill, Dusty Johnson, Don Davis, and others for championing this initiative.

The proposed law aims to define digital assets more clearly, encourage innovation, and protect consumers—an especially crucial development amid the Ripple lawsuit and Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC Ripple case). Alderoty, a vocal proponent of clearer crypto regulation, emphasized that the bill could help the U.S. catch up with jurisdictions that have already implemented comprehensive digital asset laws.

XRP Price Prediction: Eyes on ETF Approval and Technical Breakout

While regulatory optimism grows, traders remain cautious amid mixed technical signals. According to recent analysis, XRP price prediction remains divided. The Relative Strength Index (RSI) is nearing oversold territory, and the MACD is flashing bearish momentum, with the price failing to maintain levels above key moving averages.

Immediate support lies at $2.07 (200-day EMA), followed by stronger demand zones at $1.80 and $1.61. Resistance is pegged at $2.26 and $2.29, with a breakout above $2.59 possibly reigniting bullish sentiment. The price would then re-target $2.65 and aim for the psychological $3.00 level.

XRP remains supported above $2.00, with a confirmed break above $2.70 likely signaling bullish momentum toward retesting the $3.40 all-time high. Source: MoNi_MoN on TradingView

Institutional developments continue to influence the Ripple market. Brazil recently approved the world’s first spot XRP ETF, while several U.S. applications are pending, including one from Franklin Templeton. These milestones are seen as catalysts for long-term demand, echoing the liquidity surge Bitcoin experienced after ETF approvals.

On-chain metrics, however, remain weak. In Q1 2025, Ripple Ledger activity dropped by 30–40%, and active addresses declined by 44% in May. Despite these concerns, large holders continue accumulating, and optimism around a U.S. spot XRP ETF remains a dominant narrative.

Ripple Crypto Outlook: Legal Clarity Could Shift Market Sentiment

The XRP SEC lawsuits and the broader Ripple XRP news cycle have long cast a shadow over investor sentiment. Yet the convergence of regulatory progress, such as the Clarity Act, and institutional adoption—highlighted by Ripple’s $300M reserve and plans for a stablecoin (RLUSD)—could reshape the Ripple currency price landscape in the second half of 2025.

As the market awaits further regulatory updates and ETF decisions, traders are expected to monitor the $2.30–$2.50 price range closely. A decisive move in either direction could set the tone for XRP’s mid-year trajectory.

In summary, XRP traders face a tug-of-war between bearish technicals and bullish regulatory developments. Whether the optimism from Ripple’s legal team and the Clarity Act can outweigh profit-taking pressures and weak on-chain activity remains to be seen. As always, the next chapters in the XRP lawsuit update and U.S. crypto legislation will be pivotal for XRP value in 2025.

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Filed under: Bitcoin - @ May 31, 2025 5:00 pm