With the increase in institutional adoption and whale accumulation, XRP has broken the $3 barrier for the first time since March 2025, reaching $3.03.
This rebound coincides with the Federal Reserve officially transitioning Fedwire to ISO 20022 on July 14. This development positions Ripple's blockchain payment solution at the heart of modernizing the U.S. payment infrastructure.
XRP is about to become mainstream.
The Federal Reserve adopted the ISO 20022 standard in its Fedwire Funds Service, bringing real-time settlement capabilities to interbank transfer transactions amounting to trillions of dollars daily. This global messaging standard enables banks to share richer transaction data, reducing errors and improving cross-border efficiency.
Ripple became the first blockchain-focused company to join the ISO 20022 standards organization in 2020.
RippleNet has supported the standard through its global payment platform, connecting banks and payment providers using a structured messaging system compliant with the ISO 20022 framework.
Meanwhile, the number of XRP whale wallet addresses holding at least 1 million XRP tokens has reached a historic high of 2,743, controlling over 47.32 billion XRP tokens.
This accumulation pattern aligns with last week's 26% price increase and improvements in network growth metrics.
The SEC also plans a key vote on July 17 to decide whether to fully dismiss the lawsuit against Ripple.
Investors believe the upcoming decision is a significant catalyst that could end the legal uncertainty surrounding XRP's regulatory status.
Ripple's strategic infrastructure positioning is gaining momentum.
Ripple was the first to achieve ISO 20022 standard certification, enabling the company to benefit from the modernization of the U.S. banking system. Financial institutions now require technology partners that meet the new standards, and Ripple has completed the necessary infrastructure development ahead of its competitors.
The company applied for a national bank charter through its subsidiary Standard Custody, seeking dual regulation at both state and federal levels. Ripple also applied for a Federal Reserve master account for its RLUSD stablecoin to hold reserve assets directly at the Fed.
RLUSD is favored in the global remittance space, with a market cap exceeding $500 million. In fact, AMINA Bank, licensed by the Swiss Financial Market Supervisory Authority (FINMA), has integrated RLUSD into its custody and trading services, while Bank of New York Mellon provides custody services for this dollar-pegged stablecoin.
Volante Technologies has also confirmed that its platform will facilitate XRP settlements through RippleNet, established in October 2015.
Institutions using Volante's cloud-based Fedwire-as-a-Service can choose XRP as the settlement mechanism for the new ISO 20022 compliant system.
The partnership created the infrastructure for institutional experiments in blockchain-based settlement solutions.
Ripple's acquisition of Hidden Road also provides U.S. institutions with off-exchange swap trading, making the company a full-stack institutional liquidity provider.
Technical analysis shows that the dollar still has potential for continued upward movement.
The weekly RSI for XRP reflects the pattern of the 2017 bull market, with readings in the mid-60s, similar to the early stages of the last explosive rebound.
The rise in RSI seems more robust than the 2021 cycle, indicating sustainable market momentum rather than a speculative bubble. The bi-weekly chart shows XRP has broken the neckline around $2.20 to $2.50, forming a double bottom pattern not seen in 7 years.
This pattern, combined with the ascending triangle structure, forms a hybrid setup that historically precedes significant multi-year increases.
The daily chart shows XRP approaching the key resistance level of $3.33, with liquidity fluctuations indicating major activity around $4.00.
The trading volume during the recent rise reached 376.64 million, confirming the interest of institutions and retail investors at the current levels.
The XRP Ledger upgrade to version 2.5.0 introduced protocol improvements for token management and transaction processing.
The number of daily active addresses surged from 35,000 to over 295,000, while the price broke through key technical levels.
Technical analysis indicates that once the resistance level of $3.33 is broken, XRP could expand its gains to $4.00.
The 7-year double bottom pattern suggests that the price will target $38 for moderate movement, equating to a 13-fold increase from current levels.
Immediate support levels are between $2.50 and $2.80, and any pullback is expected to find buyers within this range as the larger upward trend continues.
