Why XRP Is Holding Strong While Bitcoin Struggles

TurkeyWed Jun 03 2026
Crypto investors are watching XRP closely as its price drops 2. 5%, but something interesting is happening behind the scenes. While Bitcoin ETFs lost over $4 billion in just four weeks, XRP ETFs kept bringing in money—$1. 43 billion in total since May. Even with XRP’s value slipping, these steady investments suggest big players still believe in it. But why? Some experts think the token has hit a crucial price point where buyers might step in before it drops further. Ripple is also making moves beyond trading. The company just expanded its USD-backed stablecoin, RLUSD, into Turkey through partnerships with three major local exchanges. That’s a big deal because Turkey handles nearly $200 billion in crypto transactions every year—more than any other country in the Middle East and North Africa. Earlier regulations in 2024 made it easier for companies like Ripple to operate there safely. Now, RLUSD isn’t just limited to Turkey; it’s available globally on platforms like Binance and Kraken.
Beyond business, Ripple is betting on education. It teamed up with Istanbul Technical University to set up a blockchain research hub powered by RLUSD. The university even runs an XRP Ledger validator, showing how crypto and traditional finance are blending in unexpected ways. This isn’t just about profit—it’s about building trust in digital money. On the price front, XRP is hanging near a key level at $1. 2557. If it falls below that, it could test support at $1. 20 or even $1. 10. But if it bounces back, breaking above a long-term downward trend could push it to $1. 45-$1. 55. Right now, all eyes are on whether ETF inflows can keep supporting XRP’s price—or if it’ll finally break through its support lines.
https://localnews.ai/article/why-xrp-is-holding-strong-while-bitcoin-struggles-464430df

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