XRP News | Ripple’s $1B Treasury Plan Faces ETF Delays

What to Know

• Ripple plans to raise over $1 billion to establish a digital asset treasury (DAT) aimed at tightening XRP supply and stabilizing long-term prices.
• XRP recovered nearly 3% after a four-day losing streak but failed to surpass key resistance at $2.4.
• Ongoing U.S. government shutdown and pending Senate votes continue to delay XRP-spot ETF approvals.
• The outcome of Monday’s Senate vote could determine whether XRP rallies toward $2.7–$3.0 or slips back toward the $2.0 psychological support zone.
• Technical indicators remain bearish, but Ripple’s treasury plan and institutional demand could provide upside potential.

XRP Rebounds as Ripple Unveils $1B Treasury Plan

XRP managed to end its four-day losing streak on Saturday, October 18, with a modest rebound of 2.97%. The recovery followed Ripple Labs’ announcement of plans to raise over $1 billion to create a digital asset treasury (DAT). This new fund would focus on tightening XRP supply, potentially boosting price stability and strengthening institutional interest in Ripple’s payment network.

Despite the news, the token was unable to break above the critical resistance level at $2.4. Traders appear to be waiting for more clarity on how Ripple intends to execute its capital-raising plan and how quickly it could influence XRP’s circulating supply. The overall sentiment remains cautious, especially with U.S. political uncertainty weighing heavily on crypto market dynamics.

Government Shutdown Stalls XRP-Spot ETF Progress

One of the primary challenges facing XRP investors is the ongoing U.S. government shutdown, which has stalled progress on XRP-spot ETF applications. With the SEC operating on limited capacity, reviews and approvals have been delayed, leaving institutional investors hesitant to deploy fresh capital.

The shutdown, now in its 19th day, continues to impact broader market sentiment. Friday’s Senate vote on October 17 once again failed to resolve the budget impasse, and all eyes are now on Monday, October 20, when another stopgap funding bill is scheduled for a vote.

If passed, this could revive optimism around XRP-spot ETF approvals, potentially leading to renewed institutional inflows. Conversely, continued deadlock could prolong uncertainty and keep XRP prices under pressure heading into late October.

Price Analysis: Will XRP Hold the $2.3 Level?

XRP closed Saturday at $2.3622, outperforming the broader crypto market, which gained just over 1%. Despite the rebound, XRP remains below both its 50-day EMA ($2.7569) and 200-day EMA ($2.6203), indicating that short-term momentum remains bearish.

Key technical levels include:

• Support: $2.3, $2.0, $1.9
• Resistance: $2.4, $2.7, $3.0

Failure to maintain support at $2.3 could expose the token to the next major psychological level at $2.0. However, a daily close above $2.4 could trigger a rally toward $2.7 and potentially $3.0 if macro conditions improve.

The Relative Strength Index (RSI) remains neutral, suggesting limited momentum in either direction. Traders should closely monitor how price action behaves around the $2.3–$2.4 range for signals of a breakout or breakdown.

Policy Uncertainty Adds to Volatility

Beyond technical factors, regulatory uncertainty remains a key theme for XRP. The SEC’s delayed ETF reviews, combined with debates over the Market Structure Bill, continue to influence sentiment across the broader crypto market.

Ripple’s recent efforts to strengthen its ecosystem, including its push for a U.S.-chartered bank license and growing corporate adoption of XRP Ledger (XRPL) technology, suggest the company is preparing for deeper integration with institutional finance. However, the timeline for regulatory clarity remains uncertain.

Bullish Scenario: Path Toward $3.0

A series of bullish catalysts could drive XRP higher in the coming sessions. If the U.S. Senate passes the funding bill, it could reignite ETF optimism. Additionally, any signs of a U.S.-China trade agreement or progress in Ripple’s regulatory licensing could further lift sentiment.

Another potential driver would be BlackRock moving forward with an iShares XRP Trust filing, signaling institutional confidence in XRP’s long-term value. Combined with Ripple’s $1B treasury plan, these developments could tighten supply and create upward momentum, pushing XRP toward the $2.7–$3.0 range.

Bearish Scenario: Risks Below $2.3

On the downside, several bearish developments could weigh on prices. Prolonged U.S. political gridlock, ETF delays, or negative commentary from major financial institutions could trigger renewed selling pressure.

If major corporations delay or reject plans to hold XRP as a reserve asset, or if Ripple’s bank license faces setbacks, the token could slip below $2.3 and retest $2.0. Persistent dominance by SWIFT in the global payments sector could also limit Ripple’s adoption, further restricting price recovery potential.

Outlook for Traders

Traders should keep a close eye on Capitol Hill developments, particularly the upcoming Senate vote and related fiscal policy updates. Market reactions to government decisions, alongside progress in Ripple’s treasury initiative, will likely determine XRP’s direction for the remainder of October.

Despite short-term uncertainty, Ripple’s push toward greater institutional integration and supply control reflects growing efforts to stabilize XRP’s long-term value. The next few sessions could be pivotal for defining the next major trend.

Q&A

What is Ripple’s $1B digital asset treasury plan?

Ripple’s new treasury initiative aims to raise over $1 billion to reduce XRP’s circulating supply, which could enhance price stability and attract institutional investors.

How does the U.S. government shutdown affect XRP?

The ongoing shutdown has delayed the SEC’s review of XRP-spot ETF applications, reducing investor confidence and limiting institutional inflows into the token.

What are the key technical levels for XRP right now?

Major support levels are $2.3 and $2.0, while resistance is set at $2.4 and $2.7. A close above $2.4 could trigger a move toward $3.0, while a break below $2.3 risks renewed selling pressure.

Could Ripple’s plans push XRP higher?

Yes. Ripple’s treasury plan and potential institutional interest could reduce available supply and increase demand, potentially fueling the next bullish phase for XRP.

When could XRP-spot ETFs launch?

ETF approvals are dependent on government operations resuming and the SEC processing applications. A resolution to the shutdown could fast-track decisions, boosting investor sentiment.