XRP Surges 28% Amid SWIFT Integration Rumors: Can It Sustain the Momentum?
XRP stole the spotlight with a dramatic 28% surge, reaching $2.12, as rumors swirled about a potential integration of Ripple’s blockchain into SWIFT’s payment system. With Bitcoin’s rally paused, investors are turning their attention to XRP, fueled by growing futures open interest and speculation around institutional adoption.
XRP News Today: SWIFT May Integrate Ripple Blockchain
After Trump’s tariff pause, Bitcoin may have sparked a run toward $85K, but XRP stole the show with a 28% jump, climbing to $2.12. Behind the scenes, big money started piling in as XRP’s futures open interest increased. Investors are closely watching the XRP price amid rumors that SWIFT may integrate Ripple’s blockchain into its payment system. With over 11,000 financial institutions relying on SWIFT for cross-border payments, such a move could significantly impact XRP’s value.
Next XRP Move Depends On Key Chart Signals
The XRP finds itself at a strategic turning point, faced with a technical resistance around $0.62, a Fibonacci retracement of 0.702. This level could redefine its market trajectory. Since the settlement of the Ripple-SEC dispute, the asset has regained confidence, but investors remain cautious. A breakthrough of this resistance could pave the way for new highs, while a failure could slow the current momentum. Traders and investors are closely monitoring this decisive threshold.
XRP Price Shows Growing Excitement as Brad Garlinghouse Discloses SEC Agreement
XRP price experienced a boost of bullish momentum in the last 24 hours, regaining most of its losses from the first half of the week. The main reason for this is the favorable conclusion of the SEC lawsuit against Ripple. Ripple CEO Brad Garlinghouse revealed that the SEC is dropping the case and Ripple might only be fined $50 million, which could be covered by the $125 million already paid upfront. This also means Ripple could receive a refund from the U.S. financial watchdog.
SEC Case Won’t Moon XRP, Expert Says
A respected voice in the XRP community has warned investors against expecting a price explosion when Ripple’s legal dispute with the U.S. Securities and Exchange Commission (SEC) officially concludes. The market commentator All Things XRP cautioned that the anticipated rally many are waiting for has likely already occurred due to the price being ’priced in.’ Instead, the expert highlighted Ripple’s strategic direction, utility, partnerships, and major steps as the true triggers for future price movements. Currently, XRP stands at $2.13, marking an over 4% decline, with Open Interest dropping 11% over the last 24 hours.
