XRP Snaps 2-Week Losing Streak as Big Corporates Eye It for Treasury Power

Key Points

1. XRP has reclaimed the $3.14 resistance level after a two-week downtrend, with $2.76 acting as support, signaling a possible bullish reversal.

2. Corporate entities like Trident Digital, Webus International, and others have committed nearly $1 billion to XRP, integrating it into treasury and operational strategies.

3. Trident Digital plans to raise up to $500 million to build one of the largest corporate XRP treasuries, while Webus International is allocating $300 million for similar purposes.

4. VivoPower International and Wellgistics Health are using XRP for staking and liquidity buffers, with commitments of $121 million and $50 million respectively.

5. Hyperscale Data Inc. and Worksport Ltd. are leveraging XRP for DeFi platforms and payment solutions, with commitments of $10 million and $5 million respectively.