• Whale addresses offload 600 million XRP in one day.
• Long-term holder activity hits 7-month high.
• Resistance at $2.27 remains key barrier for next move.

XRP has climbed from $1.94 to $2.24 in recent sessions, a 15% gain that marks a short-term recovery for the Ripple-associated token. However, despite the rise, concerns are building over its ability to hold or build on this momentum. Although XRP is currently trading at $2.24, its price is down by 2.15% in the last 24 hours. Source: CoinMarketCap Analysts tracking blockchain data say large holders have begun offloading their positions, putting pressure on the altcoin just as it approaches a major resistance level at $2.27. Blockchain data shows that wallets holding between 100 million and 1 billion XRP offloaded over 600 million tokens within 24 hours this week, reducing their collective balance to 7.7 billion XRP. The value of the tokens sold stands at more than $1.2 billion. This selling activity signals rising uncertainty among large investors—also referred to as whales—about XRP’s ability to continue climbing in the current environment. Long-term holders turn bearish One of the key indicators of market conviction is the “age consumed” metric, which measures the activity of long-held tokens. This week, that metric spiked to a seven-month high, indicating a rise in selling among long-term holders (LTHs). These LTHs are often viewed as stabilising forces in the market, and a decision by them to reduce exposure could suggest waning confidence in XRP’s long-term trajectory. The scale of this shift is noteworthy because LTHs typically refrain from selling during volatile periods. Their decision to do so now introduces added downside risk and puts further pressure on price stability. As more long-held XRP enters circulation, selling pressure could outpace buyer demand, leading to a potential retracement. Price faces strong resistance at $2.27 At present, XRP is trading just below a resistance level that has remained intact for over a month. The $2.27 threshold has historically been a key barrier for the token. Should XRP fail to break through this level, the next likely move would be a return to support around $2.13. If sellers continue to dominate—especially those unloading large holdings—the momentum required to breach $2.27 may not materialise. Without a decisive push above this level, XRP risks losing its recent gains and returning to a more bearish trajectory. However, a breakout above $2.27 could open the door to further gains, particularly if it flips this level into support. If that scenario plays out, XRP’s next resistance would come in at $2.32, followed by a possible move towards $2.45. But with market sentiment currently mixed, the odds of this bullish move remain uncertain. Market outlook depends on whale sentiment Whether XRP continues its upward trend or reverses course will depend heavily on the behaviour of its largest investors. If whales continue to exit their positions, retail demand may not be sufficient to absorb the supply, limiting the potential for further price growth. The altcoin’s immediate future hinges on how it interacts with the $2.27 resistance zone. A failure here, combined with persistent sell pressure from long-term holders, could see XRP fall back to test support levels. On the other hand, a sustained breakout, though less likely in the short term, would provide bulls with a chance to regain control. The post XRP price rises 15% to $2.24, but whale sell-off raises downside risk appeared first on CoinJournal.

Ripple is making a serious move into traditional finance. The company behind XRP has applied for a national banking charter in the United States, aiming to bring its RLUSD stablecoin under direct federal oversight. This isn’t just about checking boxes. It’s a strategic attempt to give RLUSD a stronger foundation and open the door to a deeper role in the financial system. If approved, the Ripple banking license would allow the company to hold RLUSD reserves directly with the Federal Reserve. Ripple’s CEO, Brad Garlinghouse, confirmed the application publicly, pointing out that RLUSD already operates under New York’s financial regulators. Getting a national charter through the Office of the Comptroller of the Currency (OCC) would expand that coverage, blending state-level approval with federal credibility. It’s also a signal to investors, regulators, and institutions that Ripple wants RLUSD to be taken seriously. The Bigger Picture Behind the Charter So what does this actually mean? A bank charter gives Ripple a way to hold reserves directly with the Federal Reserve. That cuts out third-party banks, simplifies operations, and improves transparency. It also means RLUSD could be settled faster and more reliably, especially during nights or weekends when traditional systems shut down. NEW: Ripple has applied for a U.S. National Bank License pic.twitter.com/cMoTtdTrlJ — Ashjessy (@MS12326) July 3, 2025 Ripple would use its subsidiary, Standard Custody & Trust Company, to apply for the necessary Fed master account. If granted, the RLUSD reserves would move from commercial banks to the central bank, offering stronger protection and oversight. For a stablecoin trying to compete with the likes of USDC and Tether, this could be a major advantage. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Ripple Is Not Alone The timing is no coincidence. Earlier this week, Circle—the company behind USDC—also filed for a national trust bank license. Circle wants to create a fully regulated institution focused on digital dollars and tokenized assets. Both Ripple and Circle are reading the same playbook: take the stablecoin game into regulated territory before the rules get even tougher. XRPPriceMarket CapXRP$131.33B24h7d30d1yAll time So far, Anchorage Digital is the only crypto firm with a federal charter. Ripple’s move puts it in the race to be next. And with the GENIUS Act gaining traction in the Senate, regulation for stablecoins is no longer hypothetical. Standards around reserves, disclosures, and investor protection are already being written. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in July2025 RLUSD’s Position and What Comes Next RLUSD launched in late 2024 and has already grown to a market cap of around $470 million. That’s not enough to challenge the top stablecoins, but it puts Ripple in the conversation. A federal charter could give RLUSD the edge it needs to appeal to banks, payment processors, and institutional investors. Source: Shutterstock Ripple also has plans beyond RLUSD. The charter would let it expand into cross-border payments and digital asset custody services, all under federal supervision. If the OCC and Fed approve the application, Ripple would be able to offer these services on the same regulatory footing as traditional banks. What to Watch Approval is not guaranteed. Getting the charter and a Fed account involves multiple agencies and months of review. Ripple also faces ongoing legal challenges tied to XRP, which could influence regulators’ decision-making. But if the license is granted, Ripple will have one of the strongest compliance setups in the stablecoin market. This is more than a regulatory milestone. It’s a sign that the stablecoin space is evolving fast, and only those who are ready to play by the rules will be able to scale. Ripple’s banking play is a bet that RLUSD is ready for that next step. The industry is watching closely to see whether the potential Ripple banking license opens the door to broader adoption of RLUSD. DISCOVER: 20+ Next Crypto to Explode in 2025  Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways

Ripple has applied for a U.S. national banking charter to bring its RLUSD stablecoin under federal oversight.

The move would allow Ripple to hold reserves directly with the Federal Reserve, improving transparency and settlement speed.

Ripple’s charter bid comes alongside similar moves from Circle, as both aim to meet stricter stablecoin regulations early.

If approved, Ripple could expand into digital asset custody and cross-border payments under full federal supervision.

RLUSD currently has a $470 million market cap, and this banking move could make it more competitive with top stablecoins.

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