XRP has exhibited a strong upside move this year, surging towards $3 following renewed optimism after the U.S. SEC acknowledged a filing by NYSE Arca for Grayscale’s XRP ETF application. Notably, XRP, this rally gained momentum after the crypto asset broke past the key $2 resistance, following news of the filing. That said, this sharp rise has sparked optimism among analysts, with some suggesting that the price could soon reach double-digit territory. Popular crypto analyst Egrag Crypto provided a detailed short-term outlook for XRP in a post on Wednesday, stating that last week’s flash crash was a “manipulation event” that liquidated many leveraged traders. He emphasized that XRP remains on an upward trajectory, maintaining strength as long as it stays above a critical blue channel. “Wicks can occur, but if we close below any of the targets listed, it would be a negative signal,” Egrag Crypto had tweeted. “Conversely, closing above any of the upper targets would be very positive. The higher the close and the longer the timeframe, the better.” The pundit further expressed hopes for XRP’s surging further, in a tweet on Friday, noting that anything between $2 and $3.40 is “just noise” in the market. “We’re now eyeing the Ascending Triangle. A close above $2.75 could lead to a positive move. Target Alert: The target is $3.40. Closing above this level is key for a new all-time high.” He tweeted on Friday, reiterating his bullish stance. Elsewhere, analyst Ali Martinez identified an ascending channel on the 4-hour chart, noting that “As expected, XRP is rebounding from the lower boundary of its channel, gaining momentum toward $3″. Similarly, analyst Arina Karayi provided a technical analysis on TradingView, noting that the price is stabilizing within a key zone consolidation area of the ascending channel. She further pointed out that a third touch on the lower boundary of the ascending channel could “act as a strong support zone, potentially leading to a bullish rebound” to $3.6. However, Karayi also warned that if bearish momentum persists and breaks the key support level, XRP may drop to targets at $2.2319 and possibly $1.9603 before any significant upward movement resumes. Additionally, analyst Dark Defender highlighted the Fibonacci indicator and the Elliott Wave Theory, suggesting that XRP might be in a correction phase before targeting higher levels. “Our structure has not been changed for 18 Months. When you zoom out, you see how successfully we defined the path. It was the same path for months. Fibonacci levels are precise at $5.85 and $8.76, which we precisely hit $1.88 and are now using as support,” he stated. At press time, XRP was trading at $2.22, reflecting a 1.96% drop in the past 24 hours.

Ripple’s long-standing partner SBI Holdings recently made a huge XRP transfer worth a whopping $703 million, driving speculation through the roof. On-chain metrics provider Whale Alert called out this development by revealing the transfer of 320 million XRP. This significant token movement happened before Ripple’s monthly release of 1 billion XRP from escrow. Therefore, speculations are high that SBI made a preemptive maneuver in anticipation that increased supply might suppress XRP’s price. XRP’s Stagnation Intensifies XRP’s price has been range-bound for a couple of weeks, with the 4th-largest cryptocurrency based on market capitalization finding itself in the $2.10 and $2.20 zone. Nevertheless, market analyst Lingrid believes that all hope is not lost because as long as XRP continues to hold the $2.00 base, the altcoin might witness a breakout to the $2.45 area. Source: Lingrid She added, “XRP is gradually rising inside a broad channel structure, approaching the descending resistance line after a series of bullish triangle formations. Momentum has shifted upward following repeated bounces from the lower support line, creating a stair-step climb. Buyers are accumulating pressure just under resistance with a potential spike imminent.” Meanwhile, a crypto strategist known for accurately predicting the mega XRP price eruption in the fourth quarter of 2024 says that the Ripple-affiliated crypto may be on the verge of igniting another parabolic surge. The pseudonymous analyst DonAlt stipulated that XRP might be gearing up for “Round 2” of its bullish run. As a wait-and-see approach engulfs XRP, the altcoin is currently trading at $2.22.

The long-standing and controversial question of whether Ripple payments could one day replace the Society for Worldwide Interbank Financial Telecommunication (SWIFT) is gaining renewed attention in the crypto market. A prominent XRP analyst has highlighted a significant shift in the Ripple payment infrastructure that could represent a potential turning point in the crypto company’s bid to challenge SWIFT’s decades-long dominance in global cross-border settlements.  XRP Analyst Unveils Ripple’s Latest Moves In his latest X social media thread, crypto market analyst Pumpius explains how Ripple could eventually supersede SWIFT as a cross-border payment infrastructure and settlement layer for banks. The analyst highlights recent developments that continue to fuel Ripple’s growth and position it as a prime candidate for transforming global financial messaging.  According to Pumpius’s report, Ripple has taken a significant step forward in its bid to transform the global financial system, as recent developments show deepening infrastructure integration. The XRP analyst disclosed that Ripple payments have officially integrated with EUR and GBP International Bank Account Numbers (IBANs), marking a critical evolution in its offering. This suggests that Ripple is no longer just processing payments, but enabling institutional-grade banking functionality within its ecosystem. Through partnerships with OpenPayd, Ripple is granting financial institutions access to programmable dollar liquidity. OpenPayd clients can now mint and burn the Ripple on-chain stablecoin, RLUSD, in real-time. The XRP analyst has called this new development a faster and potentially more efficient programmable USD liquidity on demand. He highlights that this capability also unlocks automated FX, compliance solutions, and seamless cross-border fund movement.  Pumpius describes Ripple’s latest developments as a game-changing moment for blockchain-based finance. Rather than acting as a parallel system, the crypto company is now positioning itself as a new banking layer, built entirely outside the legacy infrastructure, but fully equipped to serve its institutional clientele.   How Ripple Could Replace SWIFT’s Legacy Pumpius’s X report suggests that Ripple’s evolution isn’t limited to just speed or low-cost payments. The core technology behind XRP and Ripple’s APIs aims to replace key functions of the SWIFT network, which currently facilitates interbank financial messaging and settlements globally.  The analyst notes that Ripple’s model delivers what SWIFT does not, including real-time foreign exchange, end-to-end automated banking APIs, instant stablecoin-to-fiat conversion, and settlements via XRP. What makes the potential transition from SWIFT to Ripple even more tangible is the live infrastructure now running behind the crypto payment company’s system.  According to Pumpius, liquidity corridors are no longer theoretical for Ripple, but operational. The company’s stablecoin rails are also highly active, while XRP has evolved from its status as a speculative asset into being used for final settlements in real financial flows. Overall, the integration of IBANs and the launch of RLUSD make Ripple a direct competitor to SWIFT. And as the analyst notes, these developments are more than incremental signs of growth—they mark a potential turning point in Ripple’s goal to replace SWIFT.

XRP is inching toward what could be its most consequential technical inflection in more than a year, according to the June 3 video analysis from the YouTube channel More Crypto Online (MCO). Employing classical Elliott-wave mapping, the analyst argues that XRP has been building a five-wave advance ever since the market reset in July 2023 and is now attempting to ignite the terminal “fifth” wave—a rally that, if it unfolds under euphoric conditions, could extend as far as $9. How The Roadmap Is Built For XRP “We might be in a process of upside reversal… It’s like a now-or-never moment,” the commentator told viewers, stressing that breakouts are usually obvious only after large portions of the move are already spent. In Elliott wave terminology the market is said to be preparing for a smaller-degree third wave inside the larger fifth, “normally the most aggressive one,” he noted, pointing to the explosive impulse that followed a similar set-up last year. On MCO’s primary chart the July 2023 trough serves as the wave-four low of an even larger advance. From there, a series of lower-degree one-two formations appears to have carried XRP into wave three and, more recently, into a sideways, three-legged correction that completed in April. “We have a wave 1, a wave 2, a wave 3, the wave 4, and maybe this is now the fifth wave that’s unfolding,” he explained, adding that wave four’s depth and duration were textbook for a counter-trend pause. To translate wave counts into price objectives the analyst measured waves 1 through 3 and projected the classic 61.8 percent Fibonacci extension from the bottom of wave 4. That calculation yields $6.20 as a “straightforward” fifth-wave target. The same measurement’s 78.6 percent extension sits at roughly $9.00, a level the commentator said “sometimes materialises in a very euphoric fifth wave.” Before any discussion of $5-plus prices becomes actionable, XRP must clear a cluster of near-term hurdles. The analyst identifies the $2.30–$2.40 range as the first structural ceiling; it coincides with a descending trend-line that has capped every rally since March and with the 100-day exponential moving average. The shorter-time-frame wave count shows why this band matters. From the 7 April swing low the market printed a clear five-wave micro-structure, implying that a fresh up-trend may already be underway. Yet, as the analyst cautioned, “We still have to clear all these previous swing highs… We’ve got resistance in this area around $2.30, structurally $2.40.” A decisive break above that shelf would validate a sub-wave (iii) target around $3.30–$3.50, the January swing-high zone the video calls “the next level.” Bearish Scenario For XRP Every Elliott-wave blueprint comes with an invalidation level. In the MCO model the entire fifth-wave scenario survives only if price holds above the April nadir—the start of wave 1 in the current one-two set-up. At the micro level the bulls must also defend what the video labels “the $1.99 support area.” A deeper retracement to $1.60 (the “red dotted line”) could be tolerated inside an extended wave 2, but any sustained trade beneath that mark would probably mean wave 4 is still developing, pushing back the timetable for a breakout. “As long as we’re holding above the April low, this pathway higher remains valid and plausible,” the analyst reiterated. Conversely, a failure there would force a re-evaluation of the entire count. Although the headline $9 print grabs attention, the analyst is clear that such an extension presupposes an extreme sentiment shift. Historically XRP’s rallies have often stalled near the 61.8 percent projection, and the channel’s host reminds viewers that “market sentiment” ultimately decides whether the 78.6 percent extension is reachable. For now the focus is squarely on securing an impulsive close above $2.40 and then on challenging the mid-$3 region. Only once that campaign succeeds will the discussion move seriously toward $5.65, $6.20 and, in a parabolic climax, the high-single-digit zone. At press time, XRP traded at $2.23.

On the heels of significant progress in its protracted legal battle, Ripple, the blockchain-based payments firm closely associated with the XRP cryptocurrency, confirmed Wednesday that it has filed an application with the U.S. Office of the Comptroller of the Currency (OCC)for a national banking license. The license would allow the company to potentially act as a custodian for its own reserves under federal banking regulations amid President Donald Trump’s explicitly crypto-friendly administration. Ripple’s application follows a similar move by Circle, signaling a trend among stablecoin issuers seeking federal oversight as U.S. legislation to regulate stablecoins and crypto market structure advances. Ripple is Seeking To Create A National Trust Bank In The US Ripple submitted its application to the OCC on Wednesday (July 2). The company’s chief executive officer Brad Garlinghouse shared the news on the X (formerly known as Twitter) social media platform, following a report from the Wall Street Journal. “True to our long-standing compliance roots, Ripple is applying for a national bank charter from the OCC,” he stated. “If approved, we would have both state (via NYDFS) and federal oversight, a new (and unique!) benchmark for trust in the stablecoin market.” True to our long-standing compliance roots, @Ripple is applying for a national bank charter from the OCC. If approved, we would have both state (via NYDFS) and federal oversight, a new (and unique!) benchmark for trust in the stablecoin market.

Earlier in the week via… https://t.co/IdiR7x3eWZ— Brad Garlinghouse (@bgarlinghouse) July 2, 2025 The license would allow Ripple to extend its cryptocurrency services and operate across state lines under federal laws. Ripple is the issuer of the $440 million dollar-pegged RLUSD stablecoin regulated by the New York Department of Financial Services (NYDFS). Earlier this week, Ripple subsidiary Standard Custody & Trust Company applied for a Federal Reserve master account, as Garlinghouse noted, which would allow the firm to hold RLUSD’s dollar reserves directly with the US central bank — boosting security and transparency. Ripple’s move comes just two days after its rival stablecoin issuer Circle confirmed its own application to secure a national bank charter. Anchorage Digital is the only crypto company with such a bank charter. Stablecoin issuers are seeking bank charters partly due to expected regulatory demands under the GENIUS Act stablecoin legislation that recently passed the Senate — and which President Trump urged the House to pass “LIGHTNING FAST” so that he can sign it into law. If Ripple indeed secures the national trust bank charter, The Wall Street Journal suggested that the San Francisco-based firm would likely offer additional crypto-related services in the future. XRP was priced at $2.26 as of press time, reflecting a 4.2% gain on the day.

Grayscale’s proposal to convert its Digital Large Cap Fund (GDLC) into a spot ETF made headway this week after the U.S. Securities and Exchange Commission (SEC) on Tuesday gave the sign-off on an accelerated basis for the listing and trading of the fund on NYSE Arca. However, investors will have to wait longer as its debut has been temporarily delayed. SEC Hits Pause On GDLC Conversion To ETF The SEC put a pause on converting the Grayscale Digital Large Cap Fund LLC a day after agency staff approved the fund to start trading.  “This letter is to notify you that, pursuant to Rule 431 of the Commission’s Rules of Practice, 17 CFR 201.431, the Commission will review the delegated action,” the letter, addressed to the New York Stock Exchange, stated. “In accordance with Rule 431(e), the July 1, 2025 order is stayed until the Commission orders otherwise.” It can be found here on the SEC website. We have a few theories as to why this happened.

1. The SEC doesn't want to let anything to launch under the 19b-4 process until they officially approve or come up with some framework for digital assets in the ETF wrapper. pic.twitter.com/WegC5d2Tcj— James Seyffart (@JSeyff) July 2, 2025 Bitcoin comprises around 80% of the fund’s holdings. Roughly 11% of the ETF’s assets would be in Ethereum, while Solana accounts for approximately 2.8% of the fund, Ripple’s XRP commands over 4.8%, and Cardano (ADA) has a weighting of 0.8% in the fund. The SEC told NYSE that it would let it know “of any pertinent action taken by the Commission.” Bloomberg ETF analyst James Seyffart suggested the delay may be tied to the SEC’s ongoing efforts to create an internal framework for issuing crypto exchange-traded products. The SEC doesn’t want to let anything launch under the 19b-4 process until they officially approve or come up with some framework for digital assets in the ETF wrapper,” Seyffart noted. Bloomberg’s senior ETF analyst Eric Balchunas concurred with this observation. The plot thickens. Upper level of SEC telling $GDLC it can't launch until otherwise notified. Not sure why, no other info than this letter. My guess tho: They want to issue the crypto ETP listing standards before any '33 act spot ETFs hit market with these other coins. So likely… https://t.co/Za7rYk1o0E— Eric Balchunas (@EricBalchunas) July 2, 2025 While the SEC greenlighted Bitcoin and Ethereum spot ETFs, it has yet to give the nod to other altcoin spot products, including those tracking the price of Solana, XRP, and Cardano. The Bloomberg analysts are confident the regulator will approve such crypto products by year-end, though.

The newly launched REX-Osprey Solana + Staking ETF (SSK), the first crypto staking exchange-traded fund (ETF) listed in the U.S., clocked an impressive $33 million in trading volume on the inaugural day. This product has notably blown away XRP futures ETFs as well as the Solana futures ETF that were introduced earlier this year.  SOL Staking ETF Outperforms XRP And Solana Futures ETFs On Day 1 The first spot Solana staking ETF, which went live on Wednesday at market open, ended the day with $33 million in volume and $12 million in inflows, with Bloomberg ETF analyst Eric Balchunas describing the launch as better than the average ETF listing. The REX-Osprey Solana Staking ETF,  trading under the ticker SSK, offers investors direct exposure to spot Solana while earning staking yields without requiring technical expertise, making it the first crypto staking ETF to be approved in the US. While the volume was much lower than the launch of Bitcoin (BTC) and Ethereum (ETFs), Balchunas noted that the trading volume was much stronger than recent Solana futures ETF listings or the XRP futures ETFs debut. https://twitter.com/EricBalchunas/status/1940516260875514325 It was a “healthy start to trading,” noted Bloomberg ETF analyst James Seyffart, who observed that it had notched $8 million in trading volume in the first 20 minutes. The price of SOL was hovering at $155.80 as of publication time, a 4.3% increase on the day, according to data from CoinGecko. The token, however, remains 47% below its January 2025 all-time high price of $293.31. Although the U.S. Securities and Exchange Commission is expected to approve several crypto-focused ETFs this year, Wednesday’s debut represents “a defining moment for digital assets and a significant step forward in full access to the crypto ecosystem,” said Anchorage Digital co-founder Nathan McCauley, whose company is the staking and custodian partner for the REX-Osprey ETF. “Staking is the next chapter in the crypto ETF story. This launch marks a major step forward in giving institutions full access to the crypto ecosystem in a regulated package,” McCauley added. Meanwhile, Balchunas and Seyffary estimated a 95% chance that spot Solana ETFs will be approved for launch in 2025. “We expect a wave of new ETFs in this second half of 2025,” Seyffart said on July 1, forecasting that spot XRP, Solana, and Litecoin products would be approved by the Securities and Exchange Commission before the end of this year.

Beyond institutional investors, XRP is increasingly gaining traction in the sports industry as its price edges higher. Notably, the crypto asset has experienced a strong upswing this week, jumping 17% following this year’s positive XRP ETF news. On Thursday, Kelly Stewart, widely known as “Kelly in Vegas,” a popular sports analyst, weighed in on the ongoing debate over XRP’s potential, identifying key indicators that could signal a path to $100. “If XRP hits $100, there will be signs,” Stewart tweeted in response to a discussion about Kansas State University’s search for new revenue sources. Notably, K-State’s athletic department is looking to generate over $20 million ahead of the 2025-26 academic year, a pivotal period when colleges are expected to begin revenue-sharing with student-athletes. According to a report, the university is exploring multiple strategies to bridge this funding gap, including expanded beer sales, naming rights, and on-field football sponsorships. Stewart’s comment quickly gained traction within both the crypto and sports betting communities, igniting discussions about potential financial opportunities for K-State.  “If/when it does, give me a call, and we will make a deal. That goes for anyone out there that might want to showcase their brand at K-State and the 20+ million TV viewers we had this past season,” Shawn Becket, Senior Manager of Business Development for Kansas State Athletics replied. Becket’s statement hinted at the possibility of XRP-powered sponsorships or advertising opportunities at K-State, reinforcing the growing intersection between crypto and sports. If the university were to integrate XRP, it could unlock new revenue streams, particularly given the rapid adoption of digital assets across the sports sector. Kansas State Athletics has already transitioned to an entirely cashless payment system across its venues, including ticket offices, concessions, parking, and merchandise stores. Currently, it accepts credit and debit cards, as well as Apple Pay, but has yet to embrace cryptocurrency payments officially. Meanwhile, across the sports industry, some teams have been integrating cryptocurrency into their business models, with the NBA’s Sacramento Kings and Dallas Mavericks and European soccer powerhouse SL Benfica all embracing BTC, ETH, DOGE, SHIB, and other coins for ticketing and merchandise purchases. Japan’s SBI e-Sports even compensates players in XRP, showcasing the currency’s growing utility. That said, beyond expanding sponsorship partnerships, several factors will further play a crucial role in XRP reaching the $100 milestone. Regulatory clarity in the U.S. remains a key catalyst, as legal battles continue to influence investor sentiment. A favorable outcome could attract institutional investors and bolster market confidence. Additionally, the approval of a spot XRP ETF would significantly increase demand, making the asset more accessible to traditional investors.

Major cryptocurrency Stellar (XLM) is poised for a massive bullish phase in the coming months, according to one analyst on X (formerly Twitter). The XRP alternative has experienced moderate gains in the first week of July, outperforming other coins in the crypto market, and is currently trading around the $0.24 valuation. Scopuly, the X account in question, tweeted that XLM is continuing to post healthy gains in the short term and could rise above $0.5 by 2026. This move could result in Stellar owners experiencing a sizable 107% price increase from the current spot level. In the short term, Scopuly stipulated that the cryptocurrency needs to make a solid move above $0.252 to get a clear golden cross, and that hasn’t happened yet. A decisive move is expected to shift the favour completely in favour of the bulls and open the market up considerably. Stellar’s Recent Price Action Here is the price action of XLM/USD for the last 3 months: Image Source: TradingView The graph clearly shows that the digital currency reached its peak recently, in mid-May, when it reached a value of nearly $0.34. However, the short-term bears came into play soon afterwards and have since pulled it back effectively over the last 6-7 weeks. Now, the situation has started to change again, and July could be a game-changer for XLM. The next few weeks are expected to be crucial in this regard, and XLM investors are expected to keep a keen eye on the graph during this time.  What is Stellar? Stellar’s XLM and Ripple’s XRP are rival cryptocurrencies aiming to make a significant impact on the global online payment ecosystem. While the latter has partnered with banks to facilitate transactions following a protracted legal saga, the former is also seeking to establish strong alliances, including a highly anticipated agreement with PayPal. If this move proceeds and PayPal deploys its payment system on the Stellar Network, it could create a significant utility for XLM, and traders could bet heavily on it. XRP vs XLM However, XLM has lived in XRP’s shadows for a long time. The latter’s legal victory over the SEC was significant, and its market capitalization currently exceeds $130 billion, while XLM’s is just $7 billion. While this does show considerable potential for XLM, it also shows greater market acceptability for Ripple’s coin. It will take a monumental effort from XLM to catch up to XRP’s global impact. 

XRP remains one of the most actively discussed cryptocurrencies on social media, with expectations that its price has yet to plateau. Things like the Ripple battle with the Securities and Exchange Commission (SEC) coming to an end and Bitcoin expected to resume its uptrend have fueled expectations of the XRP price reaching new all-time highs. However, amid the calls for higher prices, a crypto analyst has warned that a major crash could be on the horizon for the altcoin. Why The XRP Price Will Crash Crypto analyst Xanrox took to the TradingView website to share thoughts on why they believe the XRP price is headed for a massive crash. The analyst explains that after the 600% rally that brought XRP to new 5-year peaks, it has lost steam and could be headed downward. The first thing is the fact that the price has been ranging for years, and even with the price jump back in 2024, Xanrox does not believe that the ranging has ended. This range began in 2017 and even after breaking above $3 briefly, the price remains inside of an ascending triangle, which is bearish at the current level. There is also the fact that the analyst points out that the pump created a large Fair Value Gap (FVG). The thing about FVGs is that they tend to be filled, especially after the price has ranged for as long as XRP has, and unfortunately, the FVG lies towards lower levels. The crypto analyst also calls out the fact that the XRP price is known for making weird moves and taking liquidity from traders while ranging. Historically, XRP has had more down periods than up, suggesting that bears often dominate the cryptocurrency. How Low Can The Price Go? The crypto analyst believes that the XRP price has already topped out, and thus, it’s time for investors to start thinking about exiting their positions. For one, even at $2.1, Xanrox says the price is still extremely high, especially sitting at the top of an ascending triangle. From here, they expect that the price will crash back down toward $0.6, which is where the price started before the 600% increase in 2024, suggesting a 72% decrease in price. For investors who bought into the coin before the rally, the analyst advises that they start thinking about locking in profits at this level. For those who bought after the pump, they speculate that they got in at the top and should be looking to get out at breakeven or even eat a small loss to exit the position. Last but not least, for futures traders, the crypto analyst advises exiting any positions entered before the crash and switching to short positions if they want to make money on XRP.