XRP’s Future: Is Ripple on the Verge of Securing a U.S. Banking License?
Speculation about Ripple potentially securing a U.S. banking license has intensified after a viral clip from XRP Las Vegas 2025 surfaced. Journalist Eleanor Terrett sparked discussions by highlighting the near-zero cost of payments on the XRP Ledger and the possibility of Ripple operating as a bank. This idea gained traction, with some interpreting it as a sign of imminent plans. Adding to the buzz, early Ripple investor Greg Kidd proposed a digital-first banking model, further fueling speculation. As of June 2025, the crypto community is closely watching Ripple's next moves, which could significantly impact XRP's adoption and valuation in the financial sector.
Is Ripple Really Eyeing a U.S. Banking License?
Speculation about Ripple securing a U.S. banking license has surged following a viral clip from XRP Las Vegas 2025. Journalist Eleanor Terrett discussed the potential for Ripple to operate as a bank, highlighting the near-zero cost of payments on the XRP Ledger. The idea resonated widely, with some interpreting it as confirmation of imminent plans.
Greg Kidd, an early Ripple investor, added fuel to the fire by proposing a digital-first bank charter that WOULD allow companies like Ripple to function without physical branches. Despite the buzz, Ripple has not confirmed any official steps toward obtaining a license.
XRP Poised for 763% Surge as Analysts Predict $19 Target This Cycle
XRP could be on the verge of a monumental rally, with analysts forecasting a 763% surge to $19 this market cycle. crypto Beast, a prominent market commentator, cites a symmetrical triangle pattern on XRP's weekly chart—a technical formation reminiscent of its 2017 breakout, when the token skyrocketed from sub-penny levels to $3.80 within a year.
The recent pullback from $3.40 to $2.20 is seen as consolidation, not a peak. Analysts EGRAG and Xena echo the bullish sentiment, with EGRAG labeling $19 as the "minimum" target. The rally to $3.40 is viewed as the first wave, with $8 and $19 as potential next stops if historical patterns repeat.
Beyond technicals, underlying market dynamics and growing institutional interest could fuel XRP's ascent. The token's current price action suggests it hasn't yet priced in its full potential, leaving room for explosive gains.
Spot XRP ETF Decision Looms as SEC Nears Franklin Templeton Filing Deadline
The cryptocurrency market braces for a pivotal moment as the U.S. Securities and Exchange Commission prepares to rule on Franklin Templeton's spot XRP ETF application on June 17. Approval odds remain elevated at 88% despite slight retreats from June's 98% peak, according to Polymarket data.
Grayscale, Bitwise, and ProShares await parallel decisions, with final determinations expected as early as June 25 for ProShares and October 18 for Grayscale. Bloomberg analysts assign an 85% probability of 2025 approval, noting the SEC's historical pattern of utilizing entire review periods. "These delays aren't surprising—they're procedural," remarked Bloomberg ETF specialist James Seyffart.
A favorable decision could catalyze parabolic movement for XRP, particularly as Ripple negotiates a potential settlement in its protracted legal battle with regulators. The outcome may establish precedent for cryptocurrency investment vehicles beyond Bitcoin and Ethereum.
Ripple CTO Proposes XRP Fee Overhaul to Address Overpayment Concerns
Ripple's Chief Technology Officer David Schwartz has ignited a fresh debate on blockchain transaction economics with a radical proposal to reform the XRP Ledger's fee structure. The initiative targets what Schwartz describes as an inherent inefficiency in current systems where users frequently overpay for transaction confirmations.
The Core innovation lies in a post-consensus refund mechanism. Once the network finalizes which transactions enter a ledger, it would calculate the true minimum required fee and automatically rebate any excess paid. This stands in stark contrast to the current system where surplus fees are permanently burned, effectively penalizing cautious users who bid higher to ensure timely processing.
Schwartz's technical thread on social media platform X has drawn significant engagement from developers, with early discussions focusing on implementation challenges. The proposal would require careful protocol modifications to maintain network consensus while introducing this dynamic refund capability.
Ripple Nears Legal Resolution as XRP Eyes $3 Amid Bullish Technical Setup
XRP rallied 2% to $2.20 on June 16 as market sentiment improves following Ripple's revised settlement proposal with the SEC. The joint filing seeks to reduce penalties to $50 million while eliminating a $125 million fine, with attorney John Deaton estimating 70% approval odds from Judge Torres.
Technical indicators suggest a potential breakout, with a close above $2.25 potentially triggering a 40% surge toward $3.12. The falling wedge pattern mirrors previous cycles where regulatory clarity preceded significant price appreciation.
Ripple and SEC Near Potential Settlement in Landmark XRP Case
Judge Analisa Torres faces a pivotal decision in the long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission. The parties have jointly proposed settling for $50 million in penalties—half the original fine—while returning $75 million to Ripple. This compromise cites regulatory evolution and mutual desire to end costly litigation as exceptional circumstances justifying the revised terms.
Pro-XRP attorney John Deaton cautions against premature optimism, noting Judge Torres may hesitate to overturn her own carefully constructed ruling. The motion notably omits key arguments about the SEC's inconsistent enforcement history and Ripple's unique qualifications for relief. While some analysts give the proposal 70% odds of approval, rejection would send the case to appellate courts, prolonging a saga that has shadowed XRP since 2020.
