One of the most noteworthy developments in recent Ripple news<\/a> is the company\u2019s formal application for a national banking license with the U.S. Office of the Comptroller of the Currency (OCC). If approved, Ripple would join a short list of crypto-native firms with federal charters\u2014Anchorage Digital being the only other to hold such a distinction.<\/p>\n
Ripple has applied for a U.S. national bank license, signaling a major step toward transforming crypto banking infrastructure. Source: Diana<\/a> via X<\/p>\n
This move comes as Ripple also seeks access to a Federal Reserve Master Account, allowing it to hold reserves directly with the Fed. This move could significantly boost trust in RLUSD, Ripple\u2019s stablecoin<\/a>, which is quickly nearing a $500 million market cap.<\/p>\n
This step comes at a critical juncture for the Ripple vs SEC<\/a> saga, as the XRP lawsuit update suggests resolution is near. Ripple\u2019s proactive regulatory alignment could sway the outcome in its favor.<\/p>\n
Institutional demand is ramping up, and Grayscale\u2019s Digital Large Cap Fund (GDLC) just gave XRP a significant vote of confidence. With its recent transition into a spot ETF, GDLC now includes XRP alongside Ethereum, Solana, and Cardano\u2014marking a milestone for XRP crypto news<\/a>.<\/p>\n
While Bitcoin still dominates 80% of the fund\u2019s weighting, XRP\u2019s presence sends a clear signal. \u201cInstitutional recognition for XRP has already begun,\u201d Ripple\u2019s CEO Brad Garlinghouse recently said. With ten XRP ETF applications filed and a 95% approval probability cited by Bloomberg analysts, a standalone XRP ETF<\/a> may be next.<\/p>\n
From a charting perspective, the XRP coin price<\/a> is showing firm support above an ascending trendline dating back to June 21. XRP recently bounced off this level, forming a bullish engulfing candle followed by a spinning top\u2014signals of resilience despite market indecision.<\/p>\n
XRP was trading at around $2.22, down 1.02% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX)<\/a> via Brave New Coin<\/a><\/p>\n
A golden cross\u2014the 50-day EMA crossing above the 200-day EMA\u2014is also being seen as a bullish indicator. Combined with an RSI moving mid-range and a rising wedge pattern, traders see a setup ripe for a breakout. If XRP holds above $2.21 and confirms a bullish reversal<\/a>, a swing toward $2.50 may be on the horizon.<\/p>\n
Beyond XRP\u2019s chart, broader market conditions also support a possible rally. A symmetrical triangle pattern has emerged on the daily chart, often a precursor to explosive price movement. Bollinger Bands have tightened, signaling a squeeze\u2014and potentially, a breakout<\/a>.<\/p>\n
XRP made a third touch on the bearish inside trendline at $2.3157 on July 3 and is currently interacting with the bullish inside trendline today. Source: BigSwing007<\/a> on TradingView<\/p>\n
This triangle is part of a bullish pennant, and a confirmed breakout could push the XRP price<\/a> toward its yearly high of $3.40\u2014representing nearly 50% upside from current levels.<\/p>\n
The XRP price prediction<\/a> 2025 climate also has macro tailwinds. The Nasdaq 100 and S&P 500 have just set new records, and the U.S. Dollar Index has dropped. A rising risk-on mood could send more money into cryptocurrency, and XRP will benefit.<\/p>\n
According to CoinShares statistics, XRP is the third-most-purchased token by institutions this week after Bitcoin and Ethereum. This surge in demand follows the recent launch by Ripple of its Ethereum-compatible sidechain (EVM) for the XRP Ledger<\/a>, enabling developers to deploy smart contracts on XRPL based on Ethereum.<\/p>\n
The XRPL EVM sidechain is now live, introducing multichain DeFi capabilities, XRP-based lending, and institutional-grade interoperability across major blockchain ecosystems. Source: @MerlijnTrader<\/a> via X<\/p>\n
This expansion of XRP’s universe makes it more valuable and beneficial in the long run, favoring positive XRP predictions<\/a>. Some projections, including more aggressive XRP price prediction 2030 models<\/a>, see the token eventually reaching $1,000, provided with full regulatory clarity and global acceptance of Ripple’s payment rails.<\/p>\n
As market momentum builds and regulatory winds shift, XRP is defending key support levels and positioning itself at the center of a potential breakout.<\/p>\n","protected":false},"author":1301,"featured_media":88767,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-88766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/posts\/88766","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/users\/1301"}],"replies":[{"embeddable":true,"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/comments?post=88766"}],"version-history":[{"count":3,"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/posts\/88766\/revisions"}],"predecessor-version":[{"id":88774,"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/posts\/88766\/revisions\/88774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/media\/88767"}],"wp:attachment":[{"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/media?parent=88766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/categories?post=88766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bravenewcoin.com\/wp-json\/wp\/v2\/tags?post=88766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}