Despite $121M Boost, XRP Price Falls: Institutional Backing Meets Market Uncertainty

Ripple’s digital asset XRP saw a surge following a significant investment of $121 million from Saudi-backed firm VivoPower International PLC (VVPR). This move signals increasing institutional confidence in the future of XRP but also highlights existing market volatility. The investment will fuel an XRP-focused treasury strategy, aiming to support and further develop the XRPL ecosystem for real-world use cases. However, despite this positive news, XRP prices remain largely unchanged. Analysts attribute this to broader market uncertainties and regulatory pressures.