XRP Holds Steady as Ripple Treasury Plans Spark Interest

XRP attracted renewed attention in the crypto space this week as Ripple-based treasury allocation plans made headlines, yet the token’s price remained largely unchanged amid shifting broader market sentiment. Despite news of a sizable $121 million XRP treasury reserve plan from Nasdaq-listed VivoPower, XRP’s performance remained muted, reflecting cautious optimism from investors.

Meanwhile, Ethereum (ETH) led top-performing cryptocurrencies by climbing above $2,700, marking the only major digital asset to post gains on Thursday. This uptick comes as ether-based spot ETFs recorded fresh inflows, suggesting sustained institutional interest. Bitcoin (BTC), in contrast, saw a noticeable slowdown in momentum, with traders attributing the divergence to varied reactions in the market surrounding macroeconomic developments and policy shifts.

VivoPower’s ambitious $121 million strategy to develop an XRP-backed treasury reserve mirrors treasury strategies previously employed by MicroStrategy and Metaplanet using bitcoin. This strategic alignment indicates growing corporate confidence in Ripple’s infrastructure and its potential for decentralized finance stability. While the announcement stirred excitement among XRP supporters, the asset itself showed little movement in market charts following the reveal.

“While U.S. equity markets rallied after a federal court blocked former President Trump’s tariffs, Bitcoin reversed its upward trend following the Federal Reserve’s decision to hold interest rates steady,” said Nick Ruck, Director at LVRG Research, in a Telegram message to CoinDesk. He further explained, “These indicators may suggest long-term bullish investor sentiment, but there’s a short-term pullback on Bitcoin exposure.”

Bitcoin slipped below $108,000, causing the overall crypto market capitalization to dip by 2.5%. Other major tokens, including Cardano (ADA), BNB Chain’s native BNB token, Dogecoin (DOGE), and Solana (SOL), displayed minimal fluctuations over the last 24 hours, indicating a cautious stance present across the broader market landscape.

In lesser-known altcoins, Toncoin (TON) took a sharp dive during early Asian trading hours. The drop followed a remarkable surge exceeding 20% the previous day, after reports of a massive $300 million deal integrating Elon Musk’s xAI Grok system into the Telegram app. Later, Musk refuted the signing of any formal agreement, clarifying the status as tentative. Toncoin figurehead Pavel Durov reaffirmed that while a high-level agreement exists in principle, official documentation is pending.

Markets Enter ‘Goldilocks Zone’ Amid Cooling Risks

According to QCP Capital, the markets are currently transitioning into what analysts are calling a “Goldilocks zone”—a phase marked by low volatility, stable data, and delayed catalytic triggers. “Volatility across most asset classes has collapsed,” noted the firm in a research highlight. They added that the subdued reaction to last month’s tariff implementation underscores minimal macroeconomic shock thus far.

QCP Capital emphasized that the true effects of new economic policies, including tariff adjustments and projected spending behaviors, might only become apparent by the third quarter. “It will take some time for pricing strategies and consumption habits to adapt. Actual changes in economic readings may not show until Q3,” the firm stated.

Related: Expert Advice: Sell XRP If You’re Confused

Bond markets showed signs of stabilization too, with yields on 10-year and 30-year U.S. Treasuries falling below 4.5% and 5%, respectively. Japan’s 30-year government bond yield fell under the 3% threshold. Although national debt remains historically high, investors appear less alarmed in the short term, with fiscal panic subsiding for now.