Fedwire’s ISO 20022 Upgrade Sparks Rally for XRP, XLM, ADA, and ALGO

The financial world just got a crypto jolt—Fedwire’s long-awaited ISO 20022 integration is live, and the market’s betting big on blockchain interoperability.

The Protocol Players Win Big

XRP, XLM, ADA, and ALGO—assets built for institutional rails—are surging as legacy finance finally catches up to 2017’s whitepapers. Traders are piling in, though skeptics whisper this might just be another ‘compliance pump’ before the next regulatory gut punch.

Banks vs. The Future (Spoiler: The Future’s Faster)

While SWIFT’s 1970s tech creaks under settlement delays, these altcoins are built for atomic transactions. Of course, Wall Street will still take a 30% cut for ‘facilitating’ what code does for pennies.

The real test? Whether this upgrade actually moves value faster—or just gives middlemen a new spreadsheet column to bill by the hour.

XRP, XLM, ALGO are ISO 20022 compliant

ISO 20022, already in operation across multiple countries, will now apply to all financial institutions using Fedwire. Banks and service providers will begin transitioning to a unified global payments framework and communication language. The standard takes effect for Fedwire on July 14, 2025.

As top banks look to tap into blockchain projects that have since become ISO 20022 stand a better chance of traction. Speed and programmable settlements are a major benefit that blockchain offers.

Ripple’s XRP (XRP), stellar (XLM), Cardano (ADA) and Algorand (ALGO) are among the projects meeting this standard. Others are Quant and Hedera . XRP remains the most prominent cross-border crypto asset, bolstered by Ripple’s On-Demand Liquidity platform and a wide array of banking partnerships.

These tokens have seen notable price spikes over the past 24 hours, with XRP, XLM, and ADA reaching key technical levels.

ALGO price- bulls hit 4-month high

Algorand, a layer-1 proof-of-stake blockchain, is among the tokens surging in response to the Fedwire news.

The ALGO token’s price has climbed 10% in the past 24 hours, extending weekly gains to over 61% as it breaks above $0.30. The rally comes alongside a 95% surge in daily trading volume, now above $688 million.

Meanwhile, data from Coinglass shows Algorand derivatives volume has increased by more than 112% to $919 million. Open interest has also climbed, rising 24% to over $153 million, metrics that point to growing bullish sentiment around ALGO’s short-term outlook.