XRP Price Eyes $4 as Legal Clarity Nears: Bullish Momentum Builds
XRP has surged to a record high of $3.65 this week, showcasing strong bullish momentum as the Ripple-SEC case approaches a potential resolution. With the token stabilizing near $3.37 and analysts identifying key resistance levels, the market is eyeing further upside targets of $3.84, $4.33, and even $4.72 if XRP maintains its position above January's $3.40 resistance. The legal overhang from Ripple's prolonged battle with the SEC appears to be lifting, as Ripple has dropped its appeal and the market anticipates an SEC dismissal. Former SEC attorney Marc Fagel's insights add weight to the growing optimism. As of August 2025, XRP's trajectory suggests a promising outlook, with the cryptocurrency community closely watching for the next developments in this high-stakes legal saga.
XRP Price Eyes $4 as Ripple-SEC Case Nears Conclusion
XRP surged to a record $3.65 this week before stabilizing NEAR $3.37, maintaining bullish momentum. Analysts identify a strong upward wave with potential targets at $3.84, $4.33, and $4.72 if the token holds above January's $3.40 resistance.
The legal overhang from Ripple's SEC battle appears to be lifting. With Ripple having dropped its appeal, market participants await the SEC's expected dismissal. Former SEC attorney Marc Fagel confirms the regulator is following standard procedures, with a status update due by August 15.
XRP Price Surge Signals Potential Breakout as Smart Money Shifts to New Altcoin
XRP's price has surged 17% in two days following SEC approval of the Proshare XRP ETF, breaking past a weeks-long downtrend to establish $3 as new support. Technical indicators show strong momentum, with the RSI crossing 70 and analysts eyeing a retest of the $3.84 all-time high.
While retail traders focus on XRP's short-term $4-$6 targets and a speculative $10 projection for 2025, institutional investors are accumulating an undisclosed altcoin dubbed 'the next XRP.' The ETF catalyst has transformed XRP into one of the few altcoins with regulated US investment vehicle exposure.
Market observers note the divergence between public enthusiasm for XRP's breakout and private capital flows toward emerging tokens. This pattern mirrors early accumulation phases of major assets before parabolic rallies.
RLUSD Earns Top Trust Rating, Surpasses USDT and USDC in New Ranking
Ripple's RLUSD stablecoin has achieved an A rating from Bluechip, marking it as the most trusted stablecoin in the market. This is the first time RLUSD has outranked both USDT and USDC in Bluechip's official rankings, a significant milestone for Ripple.
Bluechip attributed the top rating to RLUSD's reserve custody with BNY Mellon, a globally recognized custodian, as well as its robust compliance system and institutional minting capability. The stablecoin's approval under MiCA regulations in Luxembourg further solidifies its credibility.
The agency has begun formal coverage of RLUSD, referring to it as the new benchmark for institutional-grade trust and operational compliance. This development strengthens Ripple's position in the competitive stablecoin sector.
U.S. Banking Groups Oppose Ripple, Circle Over Trust Bank Licenses
Major U.S. banking associations are pushing back against the Office of the Comptroller of the Currency's consideration of national trust charters for Ripple and Circle. The groups argue these crypto firms fail to meet fiduciary standards required for such licenses, citing insufficient public disclosure and potential risks to financial stability.
Ripple faces particular scrutiny over its business model, which banking associations claim focuses too narrowly on digital asset custody rather than traditional fiduciary activities. The OCC's existing guidelines draw a clear line between custody services and fiduciary operations under banking law.
The associations are demanding the OCC delay any decisions until Ripple and Circle fully disclose their business operations. They maintain that granting these charters without proper vetting could undermine confidence in the financial system.
Banking Associations Challenge Crypto Firms' Bid for National Bank Licenses
U.S. banking associations are pushing back against federal regulators' consideration of granting national bank charters to cryptocurrency firms like Ripple and Circle. The groups warn that such approvals could introduce systemic risks to the financial sector, citing inadequate consumer protections and transparency in crypto markets.
The debate centers on whether crypto-native companies should gain access to the same banking privileges as traditional institutions. While proponents argue this WOULD foster innovation and competition, skeptics contend the move could destabilize markets without robust regulatory frameworks in place.
Ripple's XRP and other digital assets find themselves at the crossroads of institutional adoption and regulatory scrutiny. The outcome could set precedents for how blockchain-based financial services integrate with the mainstream banking system.
Bullish Crypto Exchange Files for IPO Amid SEC Review and Market Optimism
Bullish, a cryptocurrency exchange backed by Peter Thiel, has taken a decisive step toward entering public markets by submitting an IPO application to the U.S. Securities and Exchange Commission. The move aligns with a broader resurgence in crypto asset valuations and institutional interest. Regulatory approval could amplify Bullish's competitive edge, leveraging its existing capital reserves and operational scale.
The GENIUS Act, enacted under the TRUMP administration, looms as a potential catalyst for the sector. Its provisions aim to clarify digital asset oversight—a framework that may benefit Bullish's long-term positioning. Meanwhile, market observers note the timing coincides with renewed momentum for XRP, though the filing discloses no direct linkage.
