XRP’s Path to Mainstream Adoption Faces Hurdles as US Banking Associations Resist Crypto Custody Licenses

In a significant development for the cryptocurrency industry, five major US banking associations have jointly opposed granting national bank charters to cryptocurrency custody firms. The American Bankers Association, Consumer Bankers Association, National Bankers Association, America's Credit Unions, and Independent Community Bankers of America have raised concerns about public transparency and whether digital asset custody warrants traditional banking status. This opposition comes at a critical time for assets like XRP, which are seeking broader institutional adoption. The banking groups' resistance highlights the ongoing tension between traditional financial institutions and the emerging crypto sector, potentially creating additional hurdles for XRP's path to mainstream financial integration. While this regulatory pushback may create short-term challenges, many crypto proponents view such growing pains as inevitable steps in the maturation process of digital assets. The situation underscores the need for clearer regulatory frameworks that can satisfy both traditional banking concerns and the innovative potential of cryptocurrencies like XRP. As of July 2025, this development represents another chapter in the complex relationship between established financial institutions and the disruptive force of blockchain technology, with XRP's future adoption hanging in the balance.

US Banking Associations Oppose License For Crypto Custody Firms

Five major US banking associations have jointly opposed granting national bank charters to cryptocurrency custody firms, citing insufficient public transparency and questioning whether digital asset custody warrants traditional banking status. The American Bankers Association, Consumer Bankers Association, National Bankers Association, America's Credit Unions, and Independent Community Bankers of America submitted their concerns to the Office of the Comptroller of the Currency regarding applications from Fidelity Digital Assets, Ripple National TR Bank, and other crypto firms.

The banking groups argue that crypto custody services don't constitute fiduciary activities that would justify bank charters, creating regulatory concerns as the industry gains mainstream traction. This resistance emerges paradoxically during a period of growing institutional crypto adoption, highlighted by recent pro-crypto policies from the Trump administration.

Can XRP Hit $1000? Analysts Weigh Mathematical Realities Against Institutional Demand

The debate over XRP's potential to reach $1,000 per token intensifies as analysts clash over market cap mathematics versus institutional adoption scenarios. At current circulating supply levels, such a valuation WOULD require a market capitalization exceeding global GDP—a prospect dismissed by traditional models as mathematically implausible.

Yet some argue institutional demand could rewrite the rules. TokenTax researchers highlight the paradox: while XRP's $58 trillion theoretical cap at $1,000 dwarfs all public companies combined, crypto markets have repeatedly defied conventional valuation frameworks. The asset's future may hinge on whether adoption by financial institutions can override supply constraints.

Crypto Analyst Urges New Investors to Go All-In on XRP Amid Surge

Crypto Bitlord, a prominent commentator, has made a bold call for new investors to allocate their entire portfolio to XRP. The token recently surged to seven-year highs above $3, peaking at $3.60, with a 21% weekly gain that outpaced Bitcoin's rally. A $50,000 investment at $0.60 in November would now be worth approximately $289,000.

The analyst's track record with XRP has been volatile. After touting the token in mid-2023, he briefly walked back his stance—only to see prices soar past his initial targets. Critics remain wary of the altcoin's regulatory hurdles and market risks, despite its eye-catching returns.

XRP Price Rally Signal Reappears, Echoing 2024's 630% Surge

A historically bullish signal has resurfaced on XRP's price chart, reigniting speculation of a major rally. Crypto analyst Ali Martinez notes the Market Value to Realized Value (MVRV) ratio has triggered a Golden Cross—a pattern last seen before XRP's 630% surge in 2024.

The MVRV ratio's crossover above its 200-day moving average suggests growing bullish momentum. XRP currently trades at $3.43, showing renewed strength after months of consolidation above $2. Market watchers are now monitoring whether history will repeat with another explosive price move.

XRP Poised for Explosive Surge as Technical Analysis Predicts $5 Target by July

XRP's price trajectory has entered a historic phase, with market analyst Austin Hilton forecasting a potential rally to "insane levels" following its recent breach of a seven-year high. The cryptocurrency has already gained 77% over 24 days, now trading within 10% of its 2018 all-time high of $3.84.

Liquidity surges across crypto markets are fueling the momentum, with Hilton's technical analysis suggesting a $5 price target by month-end. The altcoin's outperformance comes as institutional interest in payment-focused cryptocurrencies resurfaces, with XRP's regulatory clarity appearing to attract capital rotation from more speculative assets.

Ripple CEO Compares GENIUS Act to Post-2008 Financial Reforms, Hails It as Crypto Watershed

Ripple CEO Brad Garlinghouse has likened the newly signed GENIUS Act to the sweeping financial reforms enacted after the 2008 crisis, calling it the most significant regulatory milestone for digital assets in over 15 years. The stablecoin legislation, signed by President Trump, establishes a federal framework for dollar-pegged cryptocurrencies while positioning the U.S. for fintech leadership.

Garlinghouse emphasized the timing's significance as global adoption of blockchain accelerates. The House-approved bill represents rare bipartisan consensus on crypto regulation, with potential to influence everything from payment systems to decentralized finance infrastructure. Market observers note the legislation could particularly benefit XRP given Ripple's focus on cross-border settlements.