XRP Price Prediction: XRP Gears Up for $3.00 Breakout as Open Interest Surges and Treasury Tokens Go Live

With growing investor confidence, rising open interest in futures, and the launch of tokenized U.S. Treasuries on the XRP Ledger, XRP may be on track to test the psychological $3.00 mark in the coming days.

Institutional Interest on the Rise

XRP is gaining some serious momentum, and a big reason behind the renewed bullish buzz is Ondo Finance’s latest move. The firm has just rolled out tokenized short-term U.S. Treasury funds—called OUSG—on the XRP Ledger (XRPL), marking a big step forward in merging traditional finance with decentralized finance (DeFi).

In simple terms, this launch opens the door for institutional-grade financial products to enter the crypto space more directly. According to Ondo, the goal is to offer high-quality tokenized assets that large investors can use for flexible treasury management—all powered by blockchain tech.

Ondo Finance’s launch of OUSG on the XRPL, with seamless RLUSD settlement, marks a key step toward mainstream institutional adoption of tokenized treasuries. Source: RippleX via X

Now, qualified investors can mint and redeem these OUSG tokens using RLUSD, Ripple’s own U.S. dollar-pegged stablecoin. That means 24/7 access, increased liquidity, and exposure to a diversified mix of funds managed by industry giants like BlackRock, Franklin Templeton, and WisdomTree.

The timing of this launch is no coincidence either. Ripple’s ecosystem is already making waves across the industry. Just recently, VivoEnergy announced plans to deploy $100 million worth of XRP on the Flare blockchain, further signaling that real-world adoption is picking up pace.

Market Fundamentals Strengthen

XRP has taken back vital levels after a bounce from a low of $2.09. XRP price stands at around $2.31, an increase of around 2.2% within the last 24 hours. On-chain indicators show a steep spike in activity, with volumes increasing by more than $800 million. The boost in market interest is a sign that retail and institutional investors are preparing for a larger move.

Perhaps the most important development is the explosion in XRP futures open interest, which just increased to 1.85 billion XRP—or about $4.26 billion. This sudden explosion in leveraged positions reflects growing confidence in the event of a breakout.

“The market is clearly preparing for a major move. When this level of capital enters futures markets, it’s rarely speculative—it often signals conviction,” noted a trader in a recent YouTube market review.

Technical Signals Support the Bullish Case

From a technical perspective, XRP appears to be forming a bullish “double bottom” pattern, with key resistance between $2.35 and $2.36. If this barrier is cleared, analysts are eyeing short-term targets at $2.44 and $2.60, with $3.00 serving as the next major psychological milestone.

XRP is showing signs of a bullish reversal within its broader downtrend, with momentum building toward a potential breakout targeting the $3.00 level. Source: cryptodailyuk on TradingView

The Moving Average Convergence Divergence (MACD) indicator recently flashed a buy signal on the daily chart. The Money Flow Index (MFI) also crossed above the midline, indicating increased capital inflows into XRP. These indicators point to favorable momentum for bulls in the near term.

That said, Ripple XRP news analysts caution against overexuberance. The rising funding rate—currently at 0.01% every eight hours—could trigger short-term volatility. If funding rates climb without a corresponding increase in price, long positions may face liquidation pressure. In that case, support lies at $2.25, followed by deeper levels at $2.11 and $1.95.

Macro Environment Adds Tailwinds

Broader economic indicators also appear to be supporting bullish market conditions. The U.S. Consumer Price Index (CPI) rose slightly to 2.4% in May, below the forecasted 2.5%. This lighter-than-expected inflation data has helped strengthen risk sentiment across crypto markets.

Bitcoin and Ethereum both recorded gains, with BTC trading near $110,500 and ETH rising over 7% on the day. This optimism has spread across the Ripple market, giving altcoins like XRP more room to grow as investor appetite improves.

With the Federal Reserve expected to hold interest rates steady at its upcoming meeting on June 18, market conditions remain favorable for digital assets.

XRP Lawsuit Update and Regulatory Climate

Despite the momentum, XRP continues to face uncertainty from the long-standing XRP SEC lawsuit. Though progress has been made, the final resolution between Ripple and the SEC remains pending. However, many analysts believe the worst is behind Ripple following favorable court decisions in 2023.

XRP was trading at around $2.24, down 3.65% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

CEO Brad Garlinghouse recently reiterated Ripple’s commitment to clarity and regulatory compliance, particularly as the firm continues global expansion and explores partnerships, including those rumored with Ripple Bank of America.

Ripple’s strong fundamentals, combined with easing inflation, increasing institutional exposure, and potential legal clarity, could serve as a trifecta that propels XRP beyond current resistance zones.

Outlook: Can XRP Hit $3.00?

With technical indicators aligned, growing interest in tokenized treasuries, and favorable macroeconomic conditions, XRP seems well-positioned for a breakout.

If XRP can breach the key resistance at $2.35 and sustain upward momentum, the next price target at $3.00 becomes a realistic possibility, representing a 28% gain from current levels.

Still, investors are advised to monitor support levels and funding rates carefully, as short-term corrections may occur before the next leg up. As it stands, XRP is back in the spotlight, and Ripple news is once again capturing attention across both crypto and traditional finance circles.