Uphold Exchange Addresses XRP Army With New Report for the Week

Uphold Exchange has released its latest weekly report, offering key updates targeted at the XRP community. The report outlines XRP’s market performance, ongoing regulatory developments, and trading behavior in a volatile market environment.

According to Uphold, XRP displayed notable strength during a week marked by losses across several significant cryptocurrencies. Although Bitcoin and Ethereum sank slightly, XRP did not move as much and kept a stronger position.

Traders observed that this performance is because of XRP’s increasing usefulness and popularity in finance and payments.

The update also covered XRP’s trading levels, with Uphold confirming that the digital asset is currently priced at around $2.19. The intraday movement has ranged between $2.16 and $2.28, with strong support observed above the $2.10 mark.

Moreover, the exchange also acknowledges that XRP remains one of the largest cryptocurrencies by global market capitalization in its post.

Here’s your #XRP Report for the week:

Crypto Clarity Bill Targets XRP’s Legal Future

The U.S. House introduced the Digital Asset Market CLARITY Act, aiming to clarify the roles of the SEC and CFTC.
For XRP, this could reinforce its treatment as a commodity, backing… pic.twitter.com/5mhRLrzcvN

— Uphold (@UpholdInc) May 31, 2025

Also Read: “The Top 1% Don’t Want You Holding XRP” – Pundit Shares Why They Are Allegedly Suppressing It

Additionally, the report noted that the United States was very active in making new laws. One such law is the Digital Asset Market CLARITY Act, which aims to make sure that the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have distinct regulatory roles.

For the XRP community, this development is especially relevant as Ripple has maintained that XRP is a commodity, not a security. Uphold points out that the bill could bolster Ripple, providing a more secure regulatory background that may raise confidence among investors.

Market Stability and Legal Clarity Drive Community Optimism

As XRP holds its level during broader market weakness, Uphold’s report indicates increasing interest in the asset’s legal and financial prospects. Traders continue to focus on whether XRP’s current range signals upcoming movement or a consolidation phase ahead of further developments.

Legal clarity remains a central concern as the bill, which is now under review in Congress, could shape future enforcement actions and market rules. XRP investors believe that this proposal could lead to fairer, consistent policies for XRP.

Both its stability when markets fluctuate and its support for legislative proposals have reassured some XRP investors. According to the Uphold report, these changes are included in a narrative of strength and continued regulatory progress.

This new notice from Uphold demonstrates that it is closely watching both shifts in the market and changes in regulations. As both price and legal factors are improving, XRP’s market position is under scrutiny.

Also Read: XRP Price Prediction For June: Analyst Says June Could Be Turning Point For XRP

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