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    Home»Crypto Market Trends»XRP Surges as XenDex Prepares DEX Launch Amid Presale Finale
    Crypto Market Trends

    XRP Surges as XenDex Prepares DEX Launch Amid Presale Finale

    Team_SimonCryptoBy Team_SimonCryptoMay 17, 2025No Comments3 Mins Read
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    XRP continues its bullish momentum, buying and selling at $2.60 as of Could 14, 2025, whereas decentralized change XenDex accelerates growth of its automated market maker platform. The XDX token presale enters its last part forward of the protocol’s mainnet launch.

    XRP’s worth surged 12% this week, breaching the $2.40 resistance stage, with day by day buying and selling volumes exceeding $5.2 billion. This rally coincides with rising hypothesis a couple of potential XRP ETF and Ripple’s ongoing enlargement into cross-border cost options.

    XenDex lately secured $8.2 million in its presale, in line with a Business Insider report, with builders asserting a Q3 2025 launch for its non-custodial buying and selling platform. The DEX will initially help XRP, ETH, and SOL liquidity swimming pools.

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    Set up cellular app to get worthwhile crypto buying and selling alerts as cellular notifications.

    XRP Value Momentum and Market Information

    XRP’s market capitalization stands at $139.9 billion, making it the fifth-largest cryptocurrency. Current worth motion exhibits:

    Date Value 24h Quantity
    Could 17 $2.39 $3.67B
    Could 16 $2.38 $5.29B
    Could 15 $2.63 $5.28B

    Technical analysts be aware the $2.75 stage as vital resistance, with help forming at $2.25. The Relative Power Index (RSI) at the moment sits at 68, suggesting reasonable shopping for stress.

    XenDex’s DEX Structure

    The XenDex protocol introduces three core improvements:

    • Cross-chain swaps between XRP Ledger and EVM-compatible chains
    • Low-latency worth oracles with sub-second updates
    • Dynamic price buildings adjusting for market volatility

    XDX tokens will govern protocol upgrades and price distribution, with 15% of buying and selling charges allotted to stakers. The crew plans to open-source its sensible contracts earlier than launch.

    Market Predictions and Analyst Outlook

    CoinCodex predicts XRP might attain $4.42 by March 2025, whereas Commonplace Chartered maintains a year-end goal of $5.50. For XenDex, analysts challenge:

    • $0.35 worth goal post-listing (present presale: $0.18)
    • Potential to seize 3-5% of XRP ecosystem DEX quantity
    • TVL purpose of $150M inside first six months

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    Market Influence: The simultaneous developments in XRP’s worth motion and XenDex’s infrastructure launch spotlight rising institutional curiosity within the XRP Ledger ecosystem. With Ripple anticipating a decision to its SEC lawsuit and DeFi tasks like XenDex increasing use instances, analysts counsel this might catalyze a brand new wave of XRP-based monetary merchandise.



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