What's up, my people, watching how the crypto movement heats up. Look, things are getting intense with XRP, and it's not just talk. This goes beyond a simple price increase. The play is chess, and Ripple is already making the master move.
The price of XRP, which was already flirting with $3, just hit the ceiling and passed the mark. And why? Well, the Federal Reserve, the famous Fed, implemented the change to ISO 20022 for Fedwire, its transfer system. And pay attention to this: that standard allows bank transfers to be faster and with more data. It turns out that Ripple got ahead of everyone and was already ready for that change years ago. It's as if they knew this moment was coming and are now capitalizing on the play. It's the classic 'the early bird catches the worm,' but in cryptographic style.
But the thing doesn't end there. While all this is happening, the XRP whales (those big players who hold more than a million tokens) are buying as if there were no tomorrow. Their wallets have reached an all-time high, over 2,700 addresses with fortunes in XRP! That tells you that the heavyweights of the ecosystem not only believe but are betting big.
And if that weren't enough for the adrenaline, the SEC, which is involved in the legal fight with Ripple, has scheduled a key meeting to decide whether to dismiss the case. If the lawsuit ends, confidence will skyrocket. That's why Ripple is also making its moves, requesting banking licenses and even an account with the Fed for its stablecoin, the RLUSD. They are building a highway so that traditional banks have no excuse and hop on the train.
On the technical side, those who understand charts are saying that this is not a crazy pump, but rather that the movement is more sustained. The weekly XRP chart looks like the one from 2017, before the mega-surge, and there’s a double bottom pattern pointing to a price target that could be as high as $38 in the long term.
At last, the move is served. Do you think the SEC will give XRP the final push or will there be a plot twist? Next week will be key to knowing if this is the beginning of the race or just a simple speed bump. We'll have to stay tuned.⟨c-11⟩
