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Reading: Ripple: Saudi Royals Back $121M XRP Bet as SEC Vote Nears, $2.91 Ahead
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Mycryptopot > News > Crypto > XRP > Ripple: Saudi Royals Back $121M XRP Bet as SEC Vote Nears, $2.91 Ahead
XRP

Ripple: Saudi Royals Back $121M XRP Bet as SEC Vote Nears, $2.91 Ahead

May 29, 2025 4 Min Read
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XRP Price Prediction Saudi Prince SEC closed meeting
mycryptopot

XRP worth prediction reaches new heights as Saudi Arabia royals lead a $121 million funding within the first XRP-focused treasury technique, and this coincides with essential SEC settlement discussions and rising cryptocurrency market volatility forward of projected $2.91 targets.

XRP Value Prediction Soars With Saudi Backing, SEC Vote Looming, And Market Volatility

His Royal Highness Prince Abdulaziz bin Turki Abdulaziz Al Saud‘s management of a $121 million personal placement into VivoPower Worldwide has reworked the XRP worth prediction panorama. This marks the primary publicly traded firm to undertake an XRP-focused digital asset treasury technique, and in addition sends shockwaves via Ripple information channels because the SEC prepares for an important Might twenty ninth closed assembly.

His Royal Highness, Prince Abdulaziz bin Turki Abdulaziz Al Saud said:

“We’re honored to be main this capital elevating for an organization that would be the first on this planet to execute an XRP-focused treasury technique.”

mycryptopot

Proper now, on the time of writing, this represents an unprecedented stage of institutional backing for XRP, impacting the widespread prediction of its potential worth.

SEC Settlement Vote Drives XRP Value Prediction Fashions

Present evaluation of XRP worth prediction facilities on the upcoming SEC settlement vote, which may resolve ongoing regulatory uncertainty. The SEC’s closing scheduled closed assembly of 2025 could decide whether or not each events proceed with appeals or attain a settlement acknowledging XRP’s institutional gross sales standing, and this timing couldn’t be extra important.

VivoPower Govt Chairman Kevin Chin had this to say:

“As a long-term holder of XRP myself, all of us share a typical imaginative and prescient and goals almost about how a publicly listed XRP-focused treasury firm may be scaled for the good thing about the XRP group and VivoPower stakeholders alike.”

mycryptopot

Additionally, authorized specialists recommend this could possibly be the turning level that resolves the prolonged regulatory battle, thus impacting XRP predictions not directly.

Saudi Arabia Funding Reshapes Ripple Information Outlook

Regardless of XRP’s dip by 2% after the announcement and a complete loss above 5% for the week, the Saudi Arabia royal assist reveals that main traders have plenty of religion within the coin. This makes a giant distinction to XRP costs when the market is risky. The worth introduced for XRP by traders is $6.05 per share and this implies that the traders are assured about its upcoming development.

Adam Traidman, former Ripple board member becoming a member of as Chairman of Board of Advisors, said:

“VivoPower’s initiative to change into the primary publicly listed firm with an XRP-centric treasury technique is a forward-thinking transfer that displays rising institutional conviction in real-world blockchain functions.”

Saudi Arabia makes this transfer whereas President Trump expects XRP to affix his Strategic Bitcoin Reserve. This analysis supplies a number of indicators for XRP’s future such because the forecast worth of $2.91. Ripple is at present dealing with resistance at $2.50 and $2.6553 and as soon as damaged, seems prepared for a transfer in the direction of the earlier excessive of $3.5505 if it goes above $3.

Now, Saudi Arabia royal assist, the view {that a} settlement with the SEC is close to and banking curiosity in VivoPower’s technique give explanation for revised XRP worth modeling.

mycryptopot

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Reading: Ripple: Saudi Royals Back $121M XRP Bet as SEC Vote Nears, $2.91 Ahead
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