XRP Surges 12% as Ripple Announces Game-Changing Partnership

Ripple just dropped a bombshell—and XRP investors are cashing in.

The crypto shot up 12% in hours after the payments giant revealed a major new alliance. While details remain scarce, the market’s voting with its wallet. Typical finance crowd: throw money first, ask questions later.

Partnerships like this could finally give XRP the real-world utility it’s been hyping for years. Or it’s another excuse for traders to pump and dump. Place your bets.

In brief

• Ripple has appointed BNY Mellon as the principal custodian of its stablecoin RLUSD, a major strategic decision.
• This announcement immediately triggered a 12 % rise in XRP, which went from $2.15 to $2.40 in a few days.
• Ripple hopes to accelerate the adoption of RLUSD on XRPL, with faster and cheaper transactions as a result.
• The market now watches Ripple’s ability to strengthen the use of RLUSD on XRPL to maintain this momentum.

Ripple appoints BNY Mellon to secure its stablecoin RLUSD

On July 1, 2025, Ripple officially announced the appointment of BNY Mellon as the principal custodian of its stablecoin RLUSD, whose supply has been adjusted. This decision, welcomed by investors, coincided with a sharp rise of XRP, whose price ROSE from $2.15 to $2.40, nearly a 12 % increase over the week.

The arrival of BNY Mellon, founded in 1784 and considered one of the pillars of American institutional finance, considerably strengthens Ripple’s credibility in the strategic stablecoin arena. The announcement comes as Ripple seeks to position its RLUSD as a viable alternative to the dominant stablecoins already in circulation.

According to DefiLlama data, RLUSD is currently operational on both ethereum and the XRP Ledger (XRPL) blockchain, but its activity remains largely concentrated on the former :

• 87 % of RLUSD activity today takes place on Ethereum, showing that the stablecoin’s integration into the XRPL ecosystem is still limited ;

• The partnership with BNY Mellon could mark a decisive step toward a more significant migration to XRPL, promising faster and cheaper transactions ;

• It anticipates a future integration of smart contracts on the XRPL mainnet, making RLUSD more competitive against its Ethereum rivals, especially in speed and transaction fees ;

• Crypto analyst Eri highlights that Ripple is betting on a long-term strategy: “Ripple (the company) is a long-term player, requiring patience from XRP investors who expect a real impact on the market through utility.”

IMO
Ripple (the company) is a💯long-game player, demanding patience from #XRP investors anticipating significant market impact through utility. Its public statements to take steps to integrate smart contracts on the mainnet will eventually position $RLUSD 👉on XRPL, as a MORE…

These elements show a clear intention by Ripple to strengthen the real utility of XRP as a pivot crypto in the adoption of RLUSD on its own network.

A technical setup favorable for a new bullish cycle

Alongside the fundamental announcements, technical analysis also strengthens the bullish outlook around the XRP price. Recently, the crypto broke a neckline of an inverted head-and-shoulders pattern on its daily chart, a configuration generally interpreted as a bullish reversal signal.

This bullish breakout occurred around $2.30, which now acts as a key support level. According to projections from this structure, the next technical target is at $2.87, representing a potential 20 % increase from the breakout point.

But that’s not all: a longer-term reading, on a three-day chart, reveals a possible breakout of a multimonth descending triangle, identified by analyst Mikybull Crypto.

He commented on social network X: “XRP finally breaks a key resistance”. He underscores the potential magnitude of the move if the bullish structure is confirmed. In this scenario, the next price target mentioned WOULD be $3.72 by August, representing an increase of over 55 % from the current level.

$XRP FINALLY BREAKING OUT pic.twitter.com/vLRGVIvq5A

If XRP manages to hold its current levels and confirm this double technical breakout, it could enter a new phase of valuation, this time driven by both strong fundamentals and consistent chart dynamics, as evidenced by the bullish explosion perceived by analysts. In the medium term, the future of the crypto could depend on Ripple’s ability to accelerate RLUSD adoption on XRPL, while capitalizing on growing institutional investor interest.

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