XRP’s Bullish Surge: Breaking $2.28 as Ripple Pursues Bank Charter

XRP has surged past the $2.28 resistance level, marking a 2.36% gain over 24 hours as trading volume spiked to over 67 million. This rally follows Ripple Labs' application for a national bank charter with the U.S. Office of the Comptroller of the Currency, a move that could position XRP for deeper integration with traditional finance. Buyers aggressively defended the $2.24–$2.25 support range, signaling strong accumulation and bullish sentiment. The potential approval of Ripple's bank charter could further legitimize XRP in the eyes of institutional investors, paving the way for increased adoption and price appreciation. As of July 22, 2025, XRP's momentum suggests a promising outlook for the cryptocurrency, with traders closely watching for further developments in Ripple's regulatory journey.

XRP Breaks Above $2.28 as Ripple’s Bank Charter Bid Ignites Bullish Surge

XRP surged past the $2.28 resistance level, marking a 2.36% gain over 24 hours as trading volume spiked to over 67 million. The rally follows Ripple Labs' application for a national bank charter with the U.S. Office of the Comptroller of the Currency, a MOVE that could position XRP for deeper integration with traditional finance.

Buyers aggressively defended the $2.24–$2.25 support range, signaling strong accumulation. Approval of Ripple's bank charter WOULD enable it to operate as a federally regulated trust bank, potentially accelerating institutional adoption for cross-border payments and stablecoin issuance.

Technical indicators show bullish momentum, with the most aggressive breakout occurring at 10:00 UTC as price pierced through $2.28 on heavy volume. The development comes amid growing speculation about a U.S. spot XRP ETF and possible Federal Reserve master account access.

XRP Price Prediction: Can It Turn $2 Into a Launchpad for $5?

XRP continues to outperform in the crypto market as Ripple's protracted legal battle with the U.S. Securities and Exchange Commission nears resolution. The company's decision to drop its cross-appeal leaves only the final penalty to be determined by the court, lifting a significant overhang that has weighed on the token for years.

Ripple CEO Brad Garlinghouse has struck an optimistic tone, signaling ambitious expansion plans. The firm is pursuing a U.S. national banking license and Federal Reserve master account—moves that could bridge digital assets with traditional finance. Meanwhile, XRP has demonstrated resilience, maintaining its position above $2 despite broader market volatility.

Ripple's RLUSD Stablecoin Gains Collateral Status at Hidden Road in Institutional Push

Ripple CEO Brad Garlinghouse revealed at a Singapore conference that the company's RLUSD stablecoin will now be accepted as collateral across all services of Hidden Road, a global prime brokerage. This strategic move marks a significant step in bridging cryptocurrency with traditional finance.

The integration targets high-friction payment corridors, enabling institutional players to execute real-time cross-asset trading with enhanced capital efficiency. "RLUSD becomes the first stablecoin facilitating large-scale cross-margin trading between digital and traditional markets—available 24/7, 365 days a year," Garlinghouse stated during the announcement.

The collateral agreement leverages Hidden Road's substantial client base and trading volume to expand Ripple's institutional footprint. Market observers note this development could accelerate the convergence of decentralized and conventional financial systems through improved liquidity infrastructure and novel financial instruments.

XRP Rich List 2025: How Much XRP You Need to Join the Top 1%?

As of early July 2025, the XRP Rich List reveals the rarity of top-tier holdings in the XRP ecosystem. With 6.6 million wallets but fewer than 1 million unique holders, XRP ownership remains a niche asset class. The distribution dynamics—shaped by early sell-offs and high entry barriers—create a steep pyramid where even modest holdings can rank surprisingly high.

Analysts highlight the paradox of XRP's liquidity: while the token is widely traded, concentrated ownership means true accumulation is uncommon. The top 0.01% threshold likely requires six-figure positions, reflecting both the asset's speculative appeal and its uneven adoption curve.