XRP Regulatory Clarity: A Turning Point for U.S. Crypto Innovation
In a landmark hearing before the U.S. Senate Banking Committee, Ripple CEO Brad Garlinghouse and other crypto industry leaders presented critical proposals for digital asset market structure reforms. The July 2025 hearing addressed the decade-long regulatory uncertainty that has hampered American innovation in blockchain technology, with Garlinghouse specifically referencing Ripple's ongoing SEC lawsuit as a prime example of this stagnation. As Congress moves closer to enacting comprehensive cryptocurrency legislation, this hearing represents a potential inflection point for XRP and the broader digital asset ecosystem. The testimony highlighted how clear regulatory frameworks could unlock significant growth potential for compliant cryptocurrencies like XRP, potentially leading to increased institutional adoption and market valuation. With two Senate committees now actively advancing market structure proposals, the crypto industry may finally be approaching the regulatory clarity it has long sought in the United States.
Crypto Industry Presents Market Structure Proposals to U.S. Senate
Ripple CEO Brad Garlinghouse and other industry leaders outlined regulatory expectations for digital assets during a Senate Banking Committee hearing. "Legal uncertainty has stifled U.S. innovation for a decade," Garlinghouse testified, referencing Ripple's ongoing SEC lawsuit. The hearing marks a pivotal moment as Congress considers comprehensive crypto legislation.
Two Senate committees are now advancing market structure bills, with the Agriculture Committee scheduling its own hearing next week. Meanwhile, the House prepares for "Crypto Week" to debate multiple digital asset bills, including the Digital Asset Market Clarity Act. Banking Committee Chairman Tim Scott highlighted bipartisan cooperation as crucial for establishing clear regulatory frameworks.
XRP Poised for Breakout Amid U.S. Bank Charter Push
Ripple's application for a U.S. national bank trust charter with the OCC has ignited investor optimism, positioning XRP for a potential breakout. CEO Brad Garlinghouse confirmed the move, which would enable Ripple to manage stablecoin reserves and settle transactions directly through Fed payment systems. Market response was immediate, with trading volume surging 86% to over $5 billion.
Futures open interest ROSE 11% in 24 hours, while whale accumulation suggests bullish undercurrents. With the GENIUS Act advancing and a crypto-friendly OCC leadership, federal approval appears likely—a major step toward mainstream finance integration.
XRP Price Surges Amid Ripple’s Regulatory Push & Institutional Backing
XRP's price has surged following a series of strategic moves by Ripple, including its application for a U.S. banking license and plans to launch a USD-backed stablecoin. CEO Brad Garlinghouse's testimony before the U.S. Senate has further bolstered market confidence, signaling Ripple's intent to bridge crypto and traditional finance.
The application for a national banking charter could position Ripple as a federally regulated trust bank, enabling expanded services like digital asset custody and payment settlements. This regulatory clarity is driving investor optimism, with XRP gaining momentum amid improving fundamentals.
XRP Price Forms Bullish Angle, How High Will XRP Rise?
XRP has broken out of a negative trend pattern, building bullish momentum to surpass its key resistance level at $2.32. The token now trades at $2.38, marking a 3.02% gain in 24 hours.
Santiment data reveals XRP's market value has hit a 7-week high, exceeding $2.39 for the first time since May 23rd. Whale activity is surging, with 2,742 wallets now holding at least 1M XRP—collectively controlling 33.18% of the token's $142.55B market cap.
The breakout past $2.20 and $2.31 resistance levels signals strengthening momentum. Market structure suggests further upside potential as institutional interest grows.
XRP Advocate Deaton Files Fraud Suit Against Linqto and Its Ex-CEO
Prominent XRP attorney John Deaton has initiated a class action lawsuit against investment platform Linqto and its former CEO William Sarris, alleging securities fraud through unregistered special purpose vehicles. The complaint claims retail investors were misled about ownership stakes in private crypto firms including Ripple, Kraken, and Uphold.
Court documents reveal explosive allegations of 60% hidden markups and deliberate circumvention of securities regulations. Linqto's current bankruptcy proceedings in Houston have uncovered what new management describes as systemic mismanagement under prior leadership.
The case represents a significant escalation in regulatory scrutiny over alternative investment platforms dealing with digital asset securities. Deaton's involvement underscores the growing intersection between crypto legal advocacy and traditional securities litigation.
XRP Price Stalls as South Korea’s Upbit Sees Unmatched Inflows
XRP's price remains stagnant despite unprecedented trading activity on South Korea's Upbit exchange. On July 7, Upbit recorded $1.94 billion in XRP trading volume within a single hour, dwarfing typical volumes on global platforms like Binance. Net inflows during the same period reached $1.58 billion, signaling intense market participation.
Contrasting this surge, major exchanges such as Binance and Coinbase report consistent XRP outflows. Analysts like Chad Steingraber suggest these opposing flows are neutralizing any potential price impact from Korean demand. The divergence highlights the complex dynamics between regional liquidity events and global market trends.
Upbit continues to dominate XRP trading, with recent hourly volumes hitting $94.88 million accompanied by $43.25 million in net inflows. Yet the token's price action remains muted, underscoring how isolated regional activity may fail to MOVE broader markets without sustained institutional interest.
