XRP Bulls Eye $6 as RLUSD Stablecoin Hits $500M Market Cap Milestone
XRP is currently consolidating above the $2.34 support level, with technical analysts predicting a potential breakout toward $2.65. Chart patterns such as symmetrical triangles and bull flags indicate strong upward momentum, which could drive the token toward the $4-$6 range if it successfully breaches the $2.35 resistance. Meanwhile, Ripple's RLUSD stablecoin has achieved a significant milestone by surpassing $500 million in market capitalization, securing a spot among the top 20 stablecoins globally. This development comes as XRP exhibits mixed technical signals, with bullish momentum suggesting further gains ahead. As of July 28, 2025, market watchers remain optimistic about XRP's prospects, fueled by both technical indicators and the growing adoption of Ripple's ecosystem.
XRP Bulls Target $6 as RLUSD Stablecoin Surpasses $500M Market Cap
XRP consolidates above $2.34 support, with technical analysts eyeing a potential breakout toward $2.65. Symmetrical triangles and bull flag patterns suggest upward momentum could propel the token toward $4-$6 if resistance at $2.35 breaks.
Ripple's RLUSD stablecoin achieves top-20 status globally after crossing $500 million in market capitalization. The milestone comes as XRP shows mixed technical signals—bullish momentum persists, but a rising wedge pattern cautions of potential volatility.
Market watchers note XRP's accumulation phase since December 2024 has created a consolidation range ripe for movement. Arthur Azizov of B2 Ventures emphasizes the $2.65 level as critical for confirming bullish continuation.
Ripple CEO Celebrates Partial Legal Victory as XRP Gains 5%
Ripple CEO Brad Garlinghouse marked a significant milestone in the company's four-year legal battle with the SEC during a Senate Banking Committee hearing. The court ruled XRP is not inherently a security, a decision Garlinghouse says "cleared the path for others in the market to fight back."
While celebrating the win, Garlinghouse criticized U.S. crypto regulations as driving innovation overseas. Former SEC lawyer Marc Fagel notes the case isn't fully resolved - the SEC typically takes 1-2 months to vote on dismissing appeals, with both parties expected to file a joint agreement afterward.
XRP price surged 5% amid the ongoing legal developments, reflecting market Optimism about Ripple's improved regulatory position. The outcome sets an important precedent for how cryptocurrencies are classified in the U.S. financial system.
XRP Whales Accumulate as Price Nears $3 Amid Regulatory Push
XRP surged to $2.43, its highest level since May, as on-chain data reveals sustained accumulation by large holders. Whale addresses holding at least 1 million XRP now total 2,742—just one shy of the all-time record—collectively controlling 47.32 billion tokens. This comes amid Ripple CEO Brad Garlinghouse's congressional testimony advocating for clearer U.S. crypto regulations.
Santiment data shows the asset's market capitalization hitting a seven-week peak, with whale activity historically preceding retail FOMO. The lack of distribution among major holders suggests conviction in further upside beyond the $3 psychological barrier.
BNY Mellon to Custody Ripple USD Reserves in Institutional Push
Ripple has appointed BNY Mellon as primary custodian for its RLUSD stablecoin reserves, marking a significant step in bridging traditional finance with digital assets. The partnership leverages BNY's institutional-grade infrastructure to support enterprise-focused stablecoin adoption.
RLUSD distinguishes itself as a compliance-first stablecoin operating under NYDFS oversight, designed specifically for cross-border payment efficiency rather than retail speculation. BNY will deploy its DEEP technology stack to provide custody and transaction banking services, expanding its footprint in stablecoin infrastructure.
The collaboration signals growing institutional validation for crypto-native financial instruments. BNY's involvement as a 238-year-old banking institution lends credibility to Ripple's vision of blockchain-powered enterprise solutions, particularly in payments corridors where traditional systems face limitations.
XRP Achieves Stunning Breakthrough with Major Price Surge
XRP surged over 5% in the last 24 hours, breaching the critical resistance level of $2.36 to reach $2.45. Market sentiment hinges on today's candlestick closure—a decisive close above $2.36 could propel prices toward $2.62, echoing May's peak. Failure risks a retreat to $2.27.
Binance and Coinbase led trading volume during New York hours, reflecting heightened institutional interest. The ascending channel formation suggests buyers must now defend $2.36 as support—a technical confirmation of bullish momentum.
XRP's Path to $100: A 3% Monthly Growth Scenario
XRP has surged 9.76% in July, trading at $2.42 amid a broader crypto market recovery. Investors are eyeing its potential, with some analysts projecting a steady 3% monthly growth could propel the token to $100 over time.
Starting from $2.42, a consistent 3% monthly gain WOULD push XRP to $2.81 by December 2025 and $3.35 by June 2026. Compound growth would accelerate the trajectory, with the token reaching $10 by July 2029 and $20 by July 2031. The $50 threshold would likely be crossed by February 2034.
Market pundits remain divided on timelines, but the math underscores the power of compounding. Analyst DK64Trades recently predicted XRP could breach $10 sooner than expected, though such projections hinge on sustained momentum and favorable market conditions.