Ripple Chairman Chris Larsen Highlights Trust as XRP’s Foundation in Global Finance

In a recent episode of the "When Shift Happens" podcast, Ripple co-founder and Chairman Chris Larsen emphasized that the company's most significant achievement lies not in its technological innovations but in the trust it has built with financial institutions worldwide. Larsen underscored credibility and consistency as the pillars of Ripple's decade-long success in the payments ecosystem. "It's not about tech, but about trust," he remarked, highlighting how Ripple's focus on reliability has positioned XRP as a key player in cross-border transactions. With the current date being July 10, 2025, Larsen's insights reaffirm XRP's growing adoption as a bridge asset in institutional finance, driven by its proven track record rather than speculative hype.

Ripple Chairman Emphasizes Trust Over Tech in Financial Ecosystem

Chris Larsen, co-founder and Chairman of Ripple, asserts that the company's greatest achievement isn't technological innovation but the trust it has cultivated among global financial institutions. Speaking on the "When Shift Happens" podcast, Larsen highlighted credibility and consistency as the cornerstones of Ripple's decade-long positioning in payments.

"It's not about tech, but about trust," Larsen stated. "We've earned the trust of the financial world—that takes work and consistency." Ripple's partnerships with entities like SBI Holdings, Santander, and Standard Chartered underscore its focus on real-world solutions over HYPE cycles.

XRP Could Surge Soon—Expert Shares Realistic Price Target

XRP is showing signs of a potential breakout, with analyst Teo Mercer suggesting current prices around $2 may offer a compelling entry point. Mercer, a Bitcoin analyst with over 2 million followers, noted "serious signs of life" in XRP after months of underperformance.

The improving U.S. regulatory landscape is a key driver for optimism. Mercer highlighted that as crypto regulation nears finalization, XRP could realistically target $3 to $4 in the coming months. The token briefly touched this range in January before facing resistance.

Market watchers are increasingly aligned in their view that a breakout is imminent, fueled by legislative efforts like the GENIUS Act, which aims to establish a federal framework for digital assets.

Ripple Partners with Wormhole to Enhance XRPL Multichain Interoperability

Ripple has announced a strategic partnership with Wormhole to integrate multichain functionality into the XRP Ledger (XRPL) and its forthcoming EVM Sidechain. The collaboration addresses rising demand for cross-chain digital asset transfers, particularly for stablecoins and institutional use cases.

Wormhole's infrastructure currently supports over 200 applications across 35+ blockchains, having facilitated more than $60 billion in cross-chain volume since 2020. The integration will enable XRPL developers to bridge XRP, IOUs, and Multi-Purpose Tokens to external networks while enabling smart contract interoperability through cross-chain messaging.

"This breaks down critical barriers to enterprise blockchain adoption," said Wormhole Foundation Co-Founder Robinson Burkey. The MOVE positions XRPL as a more versatile player in decentralized finance as competition intensifies among layer-1 networks for developer mindshare.

XRP Price Slides 4% After Ripple's Legal Setback, Key Support Levels in Focus

XRP tumbled nearly 4% to $2.133 following a federal court's rejection of Ripple's $50 million settlement proposal in its ongoing legal battle. The court upheld a $125 million penalty, dealing a blow to the cryptocurrency's near-term prospects.

The decision shattered a 205-day trading range, with immediate support now at $2.07. A breach could see prices slide toward $1.47 as market participants digest the implications of prolonged legal uncertainty.

Ripple maintains its position that XRP isn't a security, but the ruling has temporarily eroded confidence. Technical analysts note that a rebound from $2 could spark recovery toward $2.406, though the legal overhang continues to cap upside potential.

XRP Price Dips After Judge Torres Rejects Ripple SEC Motion

XRP's price trajectory took a bearish turn following Judge Analisa Torres' denial of the SEC's motion to finalize a settlement with Ripple Labs. The legal setback has injected fresh uncertainty into the market, triggering a sell-off among jittery investors.

Trading patterns reveal a breakdown of the flag formation established on June 22nd, with increased volatility reflected in volume indicators. The token's inability to maintain its consolidation range suggests growing bearish momentum as market participants reevaluate positions.

This development marks a pivotal moment in Ripple's prolonged legal battle, with the court's decision potentially delaying resolution of the high-profile case. Market technicians will be watching key support levels closely as the cryptocurrency faces its first significant test since the partial legal victory in July 2023.

NY Judge Rejects SEC and Ripple's $50M Settlement Proposal

A New York judge has denied a joint request from the SEC and Ripple Labs to approve a proposed settlement that WOULD reduce Ripple's civil penalty to $50 million and remove a permanent injunction against the company. District Judge Analisa Torres emphasized that the injunction, originally imposed due to Ripple's violations of federal securities laws, remains necessary given the firm's past conduct and financial incentives.

The ruling underscores ongoing regulatory scrutiny in the crypto sector, particularly around XRP, as the SEC maintains its stance on enforcement. Market participants are closely watching how this decision may influence future settlements and the broader legal landscape for digital assets.