Ripple (XRP) Price Analysis: $5.5 Billion XRP Open Interest Signals Positive Reaction to Paul Atkins’ Latest Update

Quick Summary:

Paul Atkins Signals Softer Crypto Regulation, XRP Traders React Positively Ripple (XRP) gained 1.5% Tuesday to trade near $2.47 after hitting intra-day highs of $2.59, marking a rebound from Monday’s decline.

Ripple (XRP) price rebounded to $2.59 Tuesday, fueled by $5.5B open interest and SEC Chair, Paul Atkins signalling softer crypto regulation.

Ripple’s lobbying ties to the executive order had cast further uncertainty over XRP’s regulatory status, just days after it secured a $50 million final settlement in it long-running case against the US SEC.

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Author / Journalist: ibrahim

Category: Crypto

Markets: India

Topics: Ripple XRP Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 22:45:42 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 612 words

Reading Time: 4 minutes read

Sentences: 41 lines

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Copyright Owner: © CoinGape

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