XRP Poised for Record High as Bullish Momentum Builds Amid Stablecoin Expansion

XRP is showing strong signs of a bullish resurgence as it aims to surpass its previous record high of $3.66, achieved on July 18. The cryptocurrency has been on an upward trajectory, gaining for two consecutive days and currently trading around $3.26. This positive momentum is largely driven by favorable market conditions, including lower-than-expected US inflation data for July, which has bolstered investor confidence. Additionally, growing speculation about a potential interest rate cut by the Federal Reserve in September has further fueled optimism in the crypto market. The derivatives market is also reflecting heightened interest in XRP, with Open Interest on the rise, signaling increased trader engagement and potential for further price appreciation. As stablecoin adoption continues to grow, XRP's utility and demand are expected to strengthen, positioning it for a possible breakout to new all-time highs.

Ripple Price Forecast: XRP Eyes Record High Breakout Amid Stablecoin Growth

XRP is regaining bullish momentum as it targets a breakout to its July 18 record high of $3.66. The cryptocurrency has extended gains for two consecutive days, trading around $3.26 amid positive market sentiment following lower-than-expected US July inflation data. Bets on a September interest rate cut have further fueled optimism.

The derivatives market reflects growing interest in XRP, with Open Interest rising 9% to $8 billion and trading volume surging 20% to $12.5 million. Speculative demand could drive further recovery if this trend continues.

On the XRP Ledger, stablecoin market capitalization has jumped 46% in a week to $166 million, with Ripple USD (RLUSD) dominating at 52% share. Crypto payment network Mesh's recent integration of RLUSD signals expanding utility for Ripple's ecosystem.

Veteran Analyst Predicts XRP Could Surge to $22 Amid Bull Market Rally

Patrick L Riley, a seasoned crypto investor, has labeled XRP as a must-buy asset, projecting a sevenfold increase from its current price. His bullish stance is backed by historical patterns, citing XRP's explosive 2024 rally from $0.65 to $3.4 following Ripple's legal victory against the SEC.

"If you claim to be 'in crypto' but aren't bullish on XRP, you're not a serious person," Riley declared on social media. The token has already gained 58.1% year-to-date, with trading volumes spiking 8% in 24 hours to over $9 billion.

Technical charts suggest the $22 target aligns with previous parabolic moves. Market sentiment appears to be shifting as Ripple continues to capitalize on regulatory clarity and institutional adoption.

XRP Targets $8 Price Level as Technical Patterns Mirror Historic 2017 Rally

XRP has reclaimed the $3.15 support level and is testing resistance that could propel it toward $3.40 in the NEAR term. Analysts draw parallels between current price action and the token's 2017 surge, with projections ranging from $6 to $8.

Daily transaction volume has dipped to 1.44 million despite price appreciation, indicating institutional players rather than retail activity are driving momentum. The shift follows Ripple's legal resolution with the SEC, which dropped all appeals against the blockchain company.

Regulatory clarity has spurred institutional adoption. Blue Origin now accepts XRP payments, while the SEC approved Ripple's updated Regulation D exemption, easing fundraising constraints. Technical analyst MikybullCrypto notes striking similarities between current charts and the setup preceding XRP's historic rally.

XRP Ruling Sends Shockwaves Through The Financial System

The recent court ruling on XRP has transcended its immediate legal implications for Ripple, emerging as a watershed moment for digital asset regulation. By determining that XRP is not a security in certain contexts, the verdict upends traditional interpretations of securities law and forces a global reassessment of crypto engagement.

Legal experts highlight the precedent's structural impact: functional utility now supersedes historical fundraising in asset classification. This shift directly challenges legacy banking models by disintermediating control over payment rails. XRP's design as infrastructure—not speculation—exemplifies how tokens built for settlement and liquidity can redefine financial architecture.

XRP Roars After SEC Settlement — Analysts Eye a Surprise Push Toward $5.00

XRP surged following Ripple Labs' landmark settlement with the SEC, ending years of regulatory uncertainty. The cryptocurrency traded between $3.20 and $3.27, with volume exceeding $12 billion as market confidence rebounded.

Technical analysts highlight $3.35 as a critical resistance level. A breakout could pave the way for targets at $3.70, $4.46, and potentially $5.00 by year-end. Institutional interest is reviving, with speculation growing about a potential XRP ETF now that regulatory clarity has been achieved.

The resolution removes a major barrier to XRP's adoption as a bridge currency for cross-border transactions and strengthens Ripple's position in central bank digital currency initiatives. Meanwhile, traders are diversifying into emerging opportunities like MAGACOIN FINANCE's presale.

SEC Advances Crypto Guidance Amid Congressional Delays, Says Commissioner Peirce

The Securities and Exchange Commission is moving forward with crypto industry guidance under existing authority rather than waiting for Congress, Republican Commissioner Hester Peirce told Bloomberg. Known as 'Crypto Mom,' Peirce revealed staff have been developing frameworks since January to clarify how securities laws apply to tokens and on-chain trading.

Project Crypto, an SEC initiative launched by Chair Paul Atkins, aims to modernize securities rules for digital assets. Peirce confirmed the program is progressing through collaboration with industry leaders, focusing on interpretation for token issuers, trading platforms, and custody services.

A Senate Banking Committee draft bill on crypto market structure has drawn industry criticism, with concerns it could expand SEC overreach. Ripple and other firms have voiced opposition to the proposal, which Peirce described as complex legislation requiring careful refinement.