XRP Today News: Japan's GUMI partners with SBI to bet on Evernorth, analysts' target pumps to 8 USD.

XRP today's news focuses on the private investment (PIPE) by Japanese gaming and blockchain company GUMI Inc. in partnership with SBI Group and Ripple into Evernorth, expanding institutional participation in the XRP ecosystem. The trading price of XRP is about $2.37, with analysts targeting Fibonacci levels at $8, $13, and $27.

GUMI Enters Marking a New Chapter for Asian Institutions Adoption

Japanese game and blockchain company GUMI Inc. has partnered with SBI Group and Ripple to make a private investment (PIPE) in Evernorth's XRP funding business, expanding institutional participation in the token ecosystem. This collaboration aims to enhance the role of XRP in cross-border settlement and corporate financial operations, particularly in Asia's rapidly growing digital finance market. Industry observers believe this move signifies a new integration between Ripple and institutions in terms of infrastructure.

GUMI Inc. is a well-known game development and Blockchain technology company in Japan, and its participation in the Evernorth investment has significant strategic implications. First, this demonstrates that the institutional adoption of XRP is expanding from financial institutions to the technology and entertainment industries. Game companies typically handle a large volume of cross-border payments (such as in-game purchases, advertising revenue sharing, developer rewards, etc.), and the fast settlement and low transaction fee characteristics of XRP are very suitable for these scenarios.

SBI Group is one of the largest financial groups in Japan, collaborating with Ripple for a long time to promote cross-border payments. SBI is not only a strategic investor in Ripple but also operates remittance services using Ripple technology in Japan and other regions of Asia. SBI's further investment demonstrates its continued confidence in the long-term value of XRP. Ripple is naturally at the core of this collaboration, being a major supporter of Evernorth and a builder of the XRP ecosystem, and its investment in Evernorth aligns with its strategy to promote the institutionalization of XRP.

The collaboration among GUMI, SBI, and Ripple has formed a complete ecosystem covering gaming, finance, and payment technologies. This cross-industry collaboration may open up new application scenarios for XRP, not limited to interbank settlements but also potentially extending to gaming economies, entertainment industry payments, and digital content distribution. With GUMI Inc. collaborating with SBI Group and Ripple in the financial joint venture at Evernorth, today's news on XRP shows that there is new institutional development momentum emerging in Asia.

The Three Strategic Significances of GUMI Entering Evernorth:

Cross-Industry Integration: The gaming industry combines with financial payments, opening new application scenarios for XRP.

Deepening the Asian Market: Japanese companies participate in strengthening XRP's position and recognition in the Asian market.

Institution Adoption Acceleration: Technology companies joining shows XRP's appeal surpassing traditional financial institutions.

XRP Price $2.00 Support Level Showdown

At the same time, the XRP trading price is approximately $2.37, struggling to recover the $2.50 mark after a general market downturn. Cryptocurrency analyst Ali Martinez emphasized the key short-term support level for XRP at $2.00, as the asset continues to decline after multiple attempts earlier this year to maintain higher levels failed. The latest three-day chart shows the XRP trading price at about $2.39, marking a decline of 1.08%, and maintaining its long-standing pattern of fluctuating between $2.00 and $3.50.

In the entire year of 2025, XRP experienced two significant surges, the first in January, reaching a peak of $3.30, and again peaking in July, slightly above $3.50, followed by a substantial pullback. The current breakdown indicates that the $2.60 area marks a retest of the lower end of its trading structure, with the previous decline revealing buying strength. If XRP holds around $2.00, analysts expect it may stabilize, but a decisive break below could open the door for further declines.

Technical analysts believe that the key support level is between $2.00 and $2.30, with resistance at $2.60. This suggests that as traders digest the latest developments, consolidation may continue. Volume data indicates that the downward trend remains orderly rather than driven by panic, with most movements aligning with the broader cryptocurrency market pullback following Bitcoin's recent volatility. Currently, XRP remains within a technically defined range, and the $2.00 threshold is a key level to watch for confirming new buying interest or a deeper correction.

New data from CoinGlass highlights the phenomenon of significant liquidations in the XRP market, showing increased trader activity between $2.30 and $2.60. The liquidation heatmap reveals dense liquidity areas, and if prices shift sharply in either direction, leveraged positions may be forced to close, indicating that traders are highly concentrated around the current market levels. The chart also reveals a significant liquidation wall at $2.40, suggesting that this level could become a short-term pivot point. Continued movement above this threshold may trigger short liquidations and drive upward momentum, while movement below this threshold could pressure long positions.

Ripple Five Giants Speak Out to Promote Institutional Process

Ripple's senior leadership collectively reiterated the role of XRP in institutional finance, marking one of the strongest coordinated endorsements of the asset to date. CEO Brad Garlinghouse, co-founder Chris Larsen, CTO David Schwartz, Chief Legal Officer Stuart Alderoty, and Evernorth CEO Asheesh Birla all expressed a unified vision centered around the growing utility of XRP.

These statements coincide with the launch of Evernorth, an XRP-centric investment tool designed to combine institutional liquidity with decentralized finance. Garlinghouse emphasized Ripple's investment partnership with Evernorth, as well as key companies: SBI Holdings, Pantera Capital, GSR, and Rippleworks. Larsen revealed his own investment of 50 million XRP supporting the initiative, describing Evernorth as “the missing piece in the XRP capital market.”

Schwartz joined as a strategic advisor, emphasizing its role as a regulated, scalable institutional XRP participation tool. Alderoty enhanced the regulatory transparency of XRP in the U.S., stating that this is a key reason for the increasing institutional adoption rate. Birla concluded that given XRP's deep liquidity and proven global payment utility, this level of institutional participation is a natural evolution.

Ripple's Five Giants Unified Vision for Institutional XRP:

Brad Garlinghouse (CEO): Emphasizes Evernorth's investment collaboration and endorsement by top institutions.

Chris Larsen (Co-founder): Personally invested 50 million XRP, referred to as “a missing piece in the capital markets.”

David Schwartz (CTO): Serves as a strategic advisor for Evernorth, ensuring technology scalability.

Stuart Alderoty (Chief Legal Officer): Emphasizes that regulatory transparency is key to institutional adoption.

Asheesh Birla (Evernorth CEO): pointed out the deep liquidity and global payment utility of XRP.

This kind of high-level collective voice is extremely rare in the history of XRP, usually only appearing at significant strategic turning points. This reveals Ripple's emphasis on Evernorth and the institutionalization of XRP, and also conveys a clear signal of confidence to the market.

MVRV Ratio and Fibonacci Targets Indicate Upside

(Source: Trading View)

On-chain data for XRP indicates that the asset may be entering what some analysts refer to as the “final phase” of the current market cycle, based on its market capitalization to realized value (MVRV) ratio trend from 2015 to 2025. The MVRV ratio measures the extent to which the market price is above or below the average acquisition cost of the token, and is commonly used to identify overbought or undervalued areas.

Historical data shows that each time the MVRV ratio of XRP approaches similar levels, it signals a significant price reversal or increase. This pattern indicates that the asset may be nearing a critical point and could trigger another major shift based on market sentiment and macroeconomic factors. The repetition of this historical pattern supports the long-term bullish narrative in today's news about XRP.

Market analysts have outlined potential Fibonacci retracement targets for XRP, pointing to potential price levels of $8, $13, and $27, with the broader cryptocurrency market expected to regain bullish momentum. These targets are derived from technical chart patterns used to measure potential expansion areas after significant breakthroughs, which traders typically use to predict long-term price trends.

Although these Fibonacci predictions are speculative, they indicate that if broader market conditions remain favorable and liquidity on major exchanges continues to build, interest in the potential upside of XRP will increase. As investors refocus on utility tokens and the ongoing development of the Ripple institutional payment ecosystem, XRP has maintained stable trading activity. An $8 target implies an increase of about 237% from the current $2.37, $13 implies an increase of about 448%, and $27 suggests an astonishing 1039% rise. While these targets are aggressive, they are not impossible to achieve in a crypto bull market.

In the short term, today's news on XRP shows that the price is oscillating between the support of $2.00 and the resistance of $2.60. As volatility increases ahead of the release of key macroeconomic data, market participants are closely watching these areas. GUMI's investment news may boost market sentiment in the short term, but to truly reverse the downward trend, XRP needs to break through $2.60 and hold steady to open up the path towards $3.00 or even higher.