XRP price climbed above the $2.35 level on Tuesday May 20, posting 1% gains on the 24-hour candle. On-chain data shows that positive social media comments surrounding XRP surged to 3-months peak after Ripple inked a payment deal with a Dubai bank on Monday. Is this precursor to a major breakout ahead? Ripple (XRP) Price Jumps on Dubai Partnership With Zand Bank, Mamo Ripple (XRP) saw renewed market enthusiasm as price rebounded above $2.35, fueled by fresh institutional traction in the UAE. On Monday, May 19 2025, Ripple announced partnerships with Zand Bank and Mamo, both newly onboarded clients in the United Arab Emirates. This comes shortly after Ripple secured licensing from the Dubai Financial Services Authority (DFSA), a move enabling it to operate legally across Dubai’s financial ecosystem. The collaborations aim to leverage RippleNet’s blockchain-powered infrastructure for cost-effective, real-time cross-border payments in the region. By partnering with established financial… Read More at Coingape.com
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