XRP Price Leads Market Rally With 5% Upside, What’s Next?
XRP price increased by over 5%, rebounding from the $2.75 support and aiming for a breakout above $3.0, with analysts giving ultra-bullish targets.
Ripple token or XRP is an independent digital asset, native to the Ripple Consensus Ledger. Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native currency (XRP).
Released in 2012, Ripple purports to enable “secure, instant and nearly free global financial transactions of any size with no chargebacks.” It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.
XRP price increased by over 5%, rebounding from the $2.75 support and aiming for a breakout above $3.0, with analysts giving ultra-bullish targets.
XRP Ledger demonstrated exceptional performance in July 2025 with over 70 million transactions and 3,000 new daily accounts, proving its resilience.
Wellgistics adopts XRP for its treasury, files with the SEC, and secures a $50 million credit line, a move that has triggered a bullish price recovery.
Chris Larsen transfered $26 million in XRP to Coinbase as XRP price got closer to new yearly highs, signaling a possible significant cash-out move.
Ripple’s XRP maintains sideways movement near $2.90 following an impressive eight-day rally, with new California government partnerships potentially setting up the next breakout phase.
With the ProShares XRP ETF set to launch on July 18 and whale accumulation reaching record levels, XRP could soon breach $3.
XRP surged 2% to reclaim $2.30 following ProShares’ Ultra XRP ETF listing on DTCC platform, signaling institutional readiness for XRP futures trading.
Ripple Labs recently unlocked 500 million XRP from escrow to complete an earlier release of 500 million tokens.
XRP price remains around $2.20 despite the major launch of XRPL’s Ethereum-compatible sidechain on mainnet. Trading volume surged to $2.4 billion as the network gains full smart contract capabilities for the first time.
Ripple (XRP) tumbled 5% on Thursday after a US District Judge denied a joint request to modify terms of the ongoing SEC legal settlement, citing concerns about continued securities law violations.
XRP price led the altcoin market recovery with a 10% rally to $2.20, driven by easing geopolitical tensions following the Iran-Israel ceasefire.
XRP broke below the critical $2 level on Monday, marking its lowest point in 75 days amid legal uncertainty and global market pressure. A Head and Shoulders pattern suggests further downside risk to $1.50.
Eric Balchunas and James Seyffart have raised the odds of XRP, DOGE, and ADA ETFs to 90% following the SEC’s perceived positive sentiment.
XRP price compresses near $2.15 inside triangle, with analysts forecasting a potential breakout toward $5 soon.
In collaboration with Web3 Salon, Ripple Labs has launched a new initiative that offers up to $200,000 in grant funding for Japanese Web3 startups building on the XRP Ledger.