#XRP trending
1. Ripple seeks a U.S. national banking charter
Ripple applied to the OCC for a national bank charter and a Fed Master account, signaling ambitions to integrate into traditional banking infrastructure and enhance its regulatory legitimacy .
This triggered immediate market optimism, lifting XRP by 3–5% on the initial announcement .
2. Progress in the SEC lawsuit
Ripple has formally withdrawn its cross-appeal in the SEC case and, if the SEC follows suit, the landmark 2023 ruling that XRP is not a security would become final .
This diminishes legal uncertainty and encourages investor confidence—XRP rallied ~2.9% on expectations around this vote .
3. Technical breakout on the charts
XRP recently broke through the psychological $2.25–$2.27 resistance zone with higher volume, which many traders interpret as a bullish signal .
Support from the 50-day EMA and whales accumulating near $1.90 has helped stabilize the price .
4. ETF speculation & new trading instruments
Growing buzz around potential XRP spot ETFs adds speculative momentum .
Retail access via Robinhood’s micro-futures also improved trading flexibility, helping price performance .
5. Growing on‑chain & ecosystem activity
Mid-sized “whale” wallets (holding 10k–100k XRP) continue accumulating, providing a liquidity cushion .
XRPL ecosystem development—like the new sidechain, stablecoin integrations, SWIFT connectivity—is boosting long-term utility