XRP Price Prediction: $5 in Sight on ETF Momentum, Ledger Growth After New Highs
In July, Ripple's XRP jumped beyond $3.65 due to fresh impetus, SEC remarks, and developments in the larger cryptocurrency sector.
Quick overview
- Ripple's XRP surged to a new all-time high of $3.65 in July, marking a nearly 90% increase from June lows after a prolonged consolidation phase.
- The rally was fueled by positive SEC commentary and a joint announcement from U.S. financial regulators allowing banks to offer crypto custody services.
- Increased activity on the XRP Ledger and a decline in SWIFT transaction volumes indicate a growing preference for blockchain solutions in finance.
- Ripple co-founder Chris Larsen's transfer of over $25 million in XRP to Coinbase further heightened interest and confidence in the cryptocurrency.
Live XRP/USD Chart
In July, Ripple’s XRP jumped beyond $3.65 due to fresh impetus, SEC remarks, and developments in the larger cryptocurrency sector.
Ripple Breaks Out After Months of Consolidation
After months of subdued trading and macro-induced uncertainty, Ripple’s XRP staged a remarkable comeback in July, soaring nearly 90% from its June lows to hit a new all-time high of $3.65. This followed a long consolidation phase in which XRP displayed impressive resilience at the $1.90–$2 support zone.
Despite broader market volatility and a cautious investor tone triggered by ongoing regulatory scrutiny, XRP steadily held key levels, underpinned by the weekly 20 SMA, which helped prevent deeper selloffs. Earlier in 2025, XRP peaked at around $3.40 in January but saw lower highs in the months that followed—an indication of investor hesitation amid macro and legal uncertainties.
Ripple Chart Weekly – The Support Held Strong
Still, the lack of breakdown below $2 suggested buyers were quietly accumulating. The late June bounce from the $1.90 region was the trigger. In just two weeks, XRP smashed through resistance and retested the $3 level before breaking out completely.
Regulatory Clarity Fuels Confidence
Much of this upward pressure was catalyzed by remarks from SEC Commissioner Caroline Crenshaw, who addressed the crypto community’s concern over XRP spot ETF delays. She clarified that the delay was purely procedural—not a rejection. This was enough to reassure markets, especially as discussions of broader regulatory alignment gained traction.
The real breakthrough came with the joint announcement from the Federal Reserve, FDIC, and OCC that U.S. banks could begin offering crypto custody services. This move represented a major green light for institutions and pushed crypto prices higher across the board. Bitcoin shot to a record $122,000, and XRP surged to $3.65, reflecting renewed institutional appetite and confidence in crypto legitimacy.
Blockchain Gaining Ground on Traditional Finance
In parallel with XRP’s rally, the XRP Ledger (XRPL) saw a marked rise in activity. Meanwhile, SWIFT—the traditional international payments network—registered a 15% decline in transaction volumes. While the shift is still gradual, it points to increasing traction for blockchain-based solutions in global finance. XRP’s speed and low transaction costs are helping it emerge as a practical alternative to aging banking infrastructure.
Further boosting sentiment, reports surfaced that Ripple co-founder Chris Larsen transferred over $25 million worth of XRP to Coinbase, catching the attention of both retail and institutional watchers. While not a direct price driver, the move added to the buzz around XRP’s renewed relevance in the crypto landscape.
Ripple Live Chart
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