August 8, 2025

XRP Snaps 2-Week Losing Streak as Big Corporates Eye It for Treasury Power

3 min read

Is XRP Eyeing a Trend Reversal? After two weeks of steady declines, XRP is showing signs of life. The digital asset has officially broken its downtrend streak, reclaiming the crucial $3.14 resistance level, according to market analyst Adex Crypt. Meanwhile, the $2.76 mark, previously the upper boundary of a descending channel, has flipped into solid support, indicating a shift in market sentiment. XRP’s recent price action is stirring optimism among traders and investors. The asset surged past key resistance after forming a rounded bottom pattern, typically seen as a bullish reversal indicator. Volume has also ticked upward, suggesting growing confidence behind the move. However, caution still lingers in the market. ”XRP has snapped its 2-week downtrend, reclaiming the $3.14 resistance level, while $2.76 continues to hold firm as support,” Adex crypt noted . “Signs of a potential trend reversal are emerging, but is this the bulls’ comeback or just a temporary bounce?” For now, XRP remains in a critical juncture as bulls try to invalidate the broader bearish structure. At the time of this writing, XRP was down by 1.8% in the past 24 hours to trade at $2.95, according to CoinGecko data . Corporate XRP Treasury Commitments Big players, such as Trident Digital, Webus International, VivoPower International, Wellgistics Health, Hyperscale Data, and Worksport Ltd. are moving beyond observation, they’re deploying sizable XRP allocations into their corporate treasuries. Together, these four players anchor nearly $986 million in corporate XRP commitments, with overall disclosed corporate XRPs approaching $1 billion. Institutional Commitment with Real Scale Leading the charge is Singapore‑based Nasdaq‑listed fintech firm Trident Digital Tech Holdings, which has announced plans to raise up to US $500 million to build one of the largest corporate XRP treasuries. That allocation will be used for long‑term reserves, staking, and deeper integration into the Ripple ecosystem. Close behind, Webus International is setting aside $300 million via credit lines and financing to build an XRP treasury and operationalize Ripple-based cross‑border payment solutions. Yield and Liquidity: VivoPower & Wellgistics VivoPower International has earmarked about $121 million from a recent private placement toward XRP. The company intends to stake its XRP on the Flare Network to generate yield, reinvesting that income into its treasury strategy. Meanwhile, Wellgistics Health has secured a $50 million credit line to acquire XRP, aimed at facilitating real‑time payments within its pharmaceutical distribution network and creating a strategic liquidity buffer. Data, DeFi, and Broader Use Cases Hyperscale Data Inc., through subsidiary Ault Capital Group, has committed $10 million in XRP. The goal is to support a DeFi lending platform for publicly listed firms, with loans on‑chain and hedged with futures contracts, underscoring XRP’s role as more than a store of value. Worksport Ltd. has quietly allocated around $5 million from operational cash reserves into XRP and Bitcoin with plans to start accepting XRP payments on its online platform underway, a signal of wanting to integrate crypto into both treasury and commercial operations. What It Means for Corporate Treasury Strategy This wave of allocation marks a clear pivotal point that XRP is now treated as a functional financial tool used for payments, loans, staking, and treasury diversification. Collectively, these six firms have committed nearly $1 billion toward XRP treasury programs, spanning sectors from tech and energy to healthcare and data services. Conclusion Trident, Webus, VivoPower, Wellgistics, Hyperscale Data, and Worksport aren’t sitting on the sidelines, they’re building live XRP treasury strategies. For corporations, XRP is increasingly not just an asset, but a strategic lever woven into treasury, payments, and DeFi infrastructure. Meanwhile, the coming days will be telling as XRP battles to prove whether this breakout above $2.76 has real legs, or is merely a pause before the next leg down.

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Source: Coinpaper

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