XRP News Today: XRP Takes Center Stage in Galaxy Digital’s Holdings—SEC Filing Reveals $34M Investment

Wall Street’s crypto titan is doubling down on XRP, signaling a major shift in institutional sentiment toward Ripple’s ecosystem.

A newly released SEC filing reveals that Galaxy Digital, led by billionaire investor Mike Novogratz, holds over $34 million worth of XRP, positioning it as one of the firm’s top crypto assets. The disclosure highlights XRP’s growing appeal among institutional players as Ripple’s ongoing developments—ranging from regulatory progress to international expansion—make the asset a strategic cornerstone in Galaxy’s portfolio.

Major Breaking News Update: The SEC has closed its case against Ripple Labs and the XRP token.

Galaxy Digital Adds XRP to Its Strategic Portfolio

In a notable move reflecting growing institutional confidence in XRP, Galaxy Digital Ltd. has disclosed a $34.4 million XRP position in its Q2 2025 Form 10-Q filing with the U.S. Securities and Exchange Commission (SEC). The digital asset giant revealed that as of June 30, 2025, it held 15.39 million XRP coins, making the token one of its top seven crypto holdings by value.

Galaxy Digital Inc. disclosed a $34.4 million XRP holding in its latest SEC filing for Q2 2025. Source: @PaulGoldEagle via X

The investment marks the first time XRP has appeared in Galaxy’s portfolio, signaling a calculated expansion of its crypto exposure beyond the traditional heavyweights like Bitcoin (BTC) and Ethereum (ETH). XRP now joins a $3.56 billion portfolio that also includes USDC, Solana (SOL), and HYPE.

Galaxy acquired its XRP tokens at a historical cost of $33.6 million, indicating an average entry price around $2.18 per token. At its July peak of $3.66, Galaxy’s XRP holdings briefly soared to over $56 million in value, demonstrating both the volatility and upside potential of the asset. As of this writing, the XRP price today is approximately $2.93, bringing the value of Galaxy’s XRP position close to $45 million.

Ripple Investment Shows Institutional Conviction

Beyond the direct XRP token allocation, Galaxy also holds a significant equity stake in Ripple Labs Inc., the company behind XRP and the XRP Ledger. According to the filing, the firm invested $97.3 million in Ripple, making it one of only three investments exceeding 5% of Galaxy’s total holdings—alongside internal Galaxy-sponsored funds and Bitcoin ETFs.

The investment reflects Galaxy’s growing confidence in the Ripple XRP ecosystem, particularly in its potential to reshape cross-border payments and enable regulatory-compliant blockchain innovation.

“Ripple was named alongside Galaxy-sponsored funds and bitcoin ETFs as one of the firm’s three largest investment exposures,” the company noted in its SEC filing. This underscores Galaxy’s belief in XRP’s role within the broader financial landscape—especially as traditional finance seeks tokenized, borderless alternatives.

XRP Lawsuit Remains a Key Factor

While increasing institutional adoption, the regulatory clarity of XRP is still elusive. The ongoing Ripple vs. SEC case continues to weigh on investor confidence. The SEC launched its 2020 lawsuit, alleging that Ripple Labs conducted $1.3 billion of unregistered securities offerings in the form of sales of XRP.

The SEC is set to hold a closed-door meeting today at 2 PM ET, reportedly to discuss Ripple’s potential withdrawal of its appeal in the XRP case. Source: @Xaif_Crypto via X

In 2023, a U.S. District Court held that XRP per se is not a security, while certain institutional sales constituted investment contracts. The SEC appealed in early 2025 but a May settlement offer, made up of a $50 million civil fine, suggested closure. Galaxy mentioned this regulatory backdrop in its filing, recognizing “contradictory court rulings” as evidence of ongoing legal ambiguity within the crypto world.

That uncertainty hasn’t held Galaxy Digital back from doubling down on XRP — a confidence bet that many industry observers believe may influence broader XRP crypto price predictions and underpin long-term sentiment.

XRP Price Prediction and Market Outlook

Market analysts remain optimistic about XRP’s trajectory. Following a sharp correction from $3.32 to $2.72, XRP rebounded to retest the $3 resistance level, holding above crucial technical support zones.

XRP is eyeing support between $3.04 and $3.02, with a potential rebound setting the stage for a move toward the $3.21 resistance level. Source: CasiTrades via X

Crypto analyst Casitrades noted that XRP’s successful defense of the $2.75 Fibonacci level is significant. “Looking ahead, a proper reclaim of $3.21 and a strong break through would begin to confirm that the correction is complete and a new impulse is underway,” the analyst said. If bullish momentum returns, XRP predictions suggest potential targets between $4.60 and $4.80.

The XRP price forecast 2025 remains closely tied to the outcome of the Ripple SEC case, as well as adoption trends across Asia and growing interest from institutional investors like Galaxy.

Broader Impact on XRP and the Crypto Market

Galaxy Digital’s Q2 2025 report also showcased a broader recovery in its digital asset division, with net income rebounding to $30.7 million, reversing a prior $295 million loss. With Bitcoin holdings increased to 17,102 BTC and XRP now a notable part of the portfolio, Galaxy appears poised to capitalize on the next crypto market cycle.

XRP was trading at around $3.06, up 2.53% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin

This move is also a reminder of how Ripple XRP news — particularly around ETFs, regulatory rulings, and institutional adoption — con to shape broader market sentiment. Galaxy’s entry may further legitimize XRP’s role in the evolving landscape of crypto finance.