XRP is showing signs of recovery after a recent dip in the cryptocurrency market. The upcoming launch of the $XPF token and various Ripple initiatives are contributing to positive investor sentiments.
XRP Recovery Amid News
After a recent downturn in the crypto market, XRP has started to slowly recover, made possible by favorable news from Ripple, such as a $10 billion offer for USDC issuer Circle and talks of an XRP ETF.
Ripple's Partnership and $XPF Launch
Ripple also announced a $25 million pledge to U.S. schools, further highlighting its commitment to community support. Moreover, on May 8, 2025, the $XPF token is set to launch, which will serve as the foundation for the first fully non-custodial lending and borrowing protocol on the XRP Ledger.
Market and Predictions
Analysts expect that about 10% of the 60 million available $XPF tokens may be sold within the first 48 hours of the presale. Early whale purchases have been noted, indicating a strong interest in the token. Research suggests that the first 6 million tokens could be subscribed quickly, making participation in the presale appealing.
Thus, XRP continues to demonstrate its resilience amid new initiatives from Ripple. The partnership, investment in schools, and the upcoming launch of the $XPF token indicate Ripple’s commitment to developing the XRP ecosystem.
