XRP rallies beyond $2.25 as Ripple seeks a U.S. banking license and gains exposure via a Grayscale ETF. Discover how these developments could impact XRP’s price and regulatory future.

The XRP market has come alive once again as the token surged past the critical $2.25 resistance level, boosted by Ripple’s bold regulatory moves and growing institutional recognition.

This price action, combined with Ripple’s pursuit of a U.S. national banking license and the SEC’s approval of XRP exposure in a major ETF, has reignited bullish sentiment for one of crypto’s most debated assets.

XRP Price Rallies Past $2.25 Resistance

On Thursday, XRP price surged almost 4% intraday to briefly touch $2.2816, its highest in weeks, before settling around $2.27.

This breakout was technically significant, pushing XRP above a long-standing resistance and catching the attention of traders and analysts alike.

However, technical indicators such as the Connors RSI (CRSI) now flash overbought conditions, raising caution about possible short-term corrections.

Still, the breakout’s momentum is backed by strong volume, and market participants are increasingly optimistic about XRP’s near-term direction.

Ripple Applies for U.S. National Banking License

In a strategic pivot toward regulatory integration, Ripple has officially applied for a U.S. national banking license through the Office of the Comptroller of the Currency (OCC).

If granted, Ripple would join the ranks of Circle and Coinbase, operating under a unified federal framework, thus bypassing the complexities of state-by-state licensing.

Ripple CEO Brad Garlinghouse emphasized that this move marks a “unique benchmark” for trust and compliance.

It also sets the foundation for Ripple to self-custody reserves for its RLUSD stablecoin, further expand Ripple Payments, and scale cross-border remittances using blockchain infrastructure.

Ripple Advances Stablecoin Strategy with OpenPayd

Ripple also announced a strategic partnership with OpenPayd to expand the reach of RLUSD.

This collaboration will enable seamless minting and burning of RLUSD and provide access to embedded accounts, trading, and cross-border payments in multiple fiat currencies via a unified API.

With these capabilities, Ripple aims to facilitate treasury management and stablecoin liquidity at scale, laying the groundwork for enterprise-grade adoption in global finance.

XRP Gains ETF Exposure: A Historic First

Perhaps the most symbolic victory for XRP came when the U.S. Securities and Exchange Commission approved Grayscale’s Digital Large Cap Fund to trade as an ETF on NYSE Arca.

This fund includes XRP in its portfolio alongside Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and ADA, granting regulated exposure to XRP for the first time on U.S. soil.

While XRP comprises just 4.8% of the fund, its inclusion signals a seismic shift in how regulators view the asset.

Bloomberg analysts now project a 95% chance of a standalone XRP ETF approval in 2025, highlighting Ripple’s rising credibility in the institutional space.

Legal Updates: Ripple vs. SEC Nears Climax

All eyes are now on July 3, when the SEC is expected to decide whether to formally withdraw its appeal in the Ripple case concerning XRP’s programmatic sales.

Ripple dropped its own cross-appeal on June 27, increasing the probability of a settlement or resolution in the near future.

Former SEC lawyer Marc Fagel noted that while a vote and procedural filings are still needed, the recent developments strongly suggest an end to the years-long legal uncertainty.

XRP Price Outlook: Resistance, Support, and Short Squeeze Signals

Despite the strong fundamentals, XRP remains in a volatile price zone. The token is hovering just below the 50-day and 100-day EMAs, which are creating short-term resistance at $2.20–$2.22.

A successful push beyond these levels could spark a rally toward $2.34, $2.65, and even the $3.40 peak of 2025.

Adding to the intrigue, on-chain analyst CryptoInsightUK has identified growing potential for a short squeeze.

Rising open interest, dense liquidity above the $2.40 level, and negative premium suggest that bears may soon be forced to cover, potentially accelerating upside movement.

Conclusion: XRP Poised at a Crossroads of Finance and Regulation

With Ripple’s bold regulatory playbook, the inclusion of XRP in a major ETF, and mounting bullish technical signals, XRP is rapidly transforming from a speculative asset into a legitimate bridge between crypto and traditional finance.

However, investors must stay alert. Overbought technicals, unresolved legal processes, and macro volatility continue to cast shadows of uncertainty. The coming weeks, especially around the SEC’s final appeal decision and ETF-related news, could determine whether XRP continues its ascent—or cools off before another leg higher.

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This press release has also been published on VRITIMES