Ripple’s Strategic Push for National Bank Charter and Fed Master Account to Boost XRP’s Future

Ripple, the blockchain payment company, is making a significant strategic move by pursuing a national bank charter in the United States, as announced by CEO Brad Garlinghouse. This development aims to streamline payment processes, reduce costs by cutting out intermediary banks, and provide much-needed regulatory clarity for XRP. The Office of the Comptroller of the Currency has already confirmed receiving the application, marking a pivotal moment for Ripple and the broader cryptocurrency market. This move could potentially enhance XRP's utility and adoption, solidifying its position in the financial sector. As of July 2025, this initiative underscores Ripple's commitment to regulatory compliance and innovation, offering a bullish outlook for XRP's future.

Ripple Pursues National Bank Charter and Fed Master Account in Strategic Move

Ripple, the blockchain payment company, is seeking a national bank charter in the United States, a move announced by CEO Brad Garlinghouse on social media. Securing the charter WOULD streamline payment processes and reduce costs by eliminating intermediary banks, while also providing regulatory legitimacy after years of operating in a gray area.

The Office of the Comptroller of the Currency has confirmed receipt of Ripple’s application, which will undergo rigorous scrutiny. Additionally, Ripple is pursuing access to a Federal Reserve Master account, enabling direct management of stablecoin reserves with the central bank.

The company launched its stablecoin, RLUSD, last October. Though smaller than giants like Tether and Circle, RLUSD has grown to a market value of $470 million. This strategic push coincides with Ripple nearing resolution in its long-running legal battle with the SEC.

XRP Price Surges Following Ripple’s Banking License Application

XRP's price jumped 1.7% after Ripple filed for a banking license with the Office of the Comptroller of the Currency on July 2nd. The cryptocurrency climbed from $2.237 to $2.274 within hours, signaling growing investor confidence in Ripple's regulatory strategy.

CEO Brad Garlinghouse confirmed the application, which includes a Federal Reserve master account request through Standard Custody & Trust Company. This dual regulatory approach marks a pivotal shift in institutional perception of XRP, potentially accelerating adoption across financial sectors.

At press time, XRP trades at $2.26 as momentum builds. The MOVE positions Ripple as a regulated financial institution—a milestone long anticipated by market participants.

XRP Traders on Edge as Sentiment Flips Between Optimism and Doubt

XRP remains trapped in a narrow trading range, with resistance at $2.33 and support NEAR $2.08. The lack of decisive momentum reflects a market paralyzed by indecision, where neither bulls nor bears have gained control.

On-chain metrics reveal a fractured sentiment landscape. Glassnode's Net Unrealized Profit/Loss (NUPL) indicator shows XRP oscillating between 'Optimism-Anxiety' and 'Belief-Denial' zones—a classic signature of market uncertainty. This push-pull dynamic suggests traders are equally divided between cautious hope and skepticism about near-term price action.

The NUPL metric's back-and-forth movement typically precedes volatility spikes, as conflicting investor psychology creates fertile ground for abrupt trend reversals. With no clear catalyst on the horizon, XRP appears destined to continue its consolidation phase until either accumulation or distribution patterns emerge.

Analysts Bullish on XRP Amid Market Resurgence, Eye $3.50 Target

XRP has surged to nearly $2.30, riding the broader cryptocurrency market rally. Analysts project further gains, with price targets ranging from $2.80 to $3.50, while some speculate a parabolic move reminiscent of 2017's bull run.

Ripple's application for a US banking license with the OCC may have contributed to the token's momentum. However, technical indicators flash caution—the Relative Strength Index (RSI) approaches 70, signaling potential overbought conditions that could precede a short-term pullback.

CRYPTOWZRD notes XRP closed 'bullish,' identifying $2.80 as the next resistance level. World of Charts confirms a breakout pattern, forecasting $3 in coming days. Maxi goes further, suggesting a repeat of 2017's exponential rally.