$XRP XRP performed exceptionally strong in July 2025, with multiple single-day increases exceeding 10%, breaking historical highs above $3.5, and a market capitalization exceeding $200 billion, firmly ranking third in cryptocurrency market value.

From July 17 to 18, stimulated by the favorable news of the U.S. stablecoin regulatory bill passing the House vote, XRP's single-day increase reached 15%, driving up older mainstream coins like ADA and DOGE.

Independent from Bitcoin's Market

XRP's recent performance has decoupled from Bitcoin, displaying a 'going its own way' characteristic. Even when Bitcoin is flat or correcting, XRP continues to break new highs, indicating a concentrated influx of funds.

📈 II. Core Drivers of the Rise

Favorable Policies and Regulations

U.S. Pension Funds Market Entry Expectations: The Trump administration promoted cryptocurrency allocation for pensions, and XRP, as a 'highly compliant' domestic project, became the preferred choice for institutions.

ETF Application Expectations: After the approval of the SOL (Solana) ETF, market optimism for an XRP spot ETF has increased.

SEC Litigation Progress: In July 2023, a U.S. court ruled that XRP itself does not constitute a security (only institutional sales were illegal), laying the foundation for long-term legality.

Technical Breakthrough Key Resistance

Annual Line Stabilized at $2: In early 2025, XRP's annual line first stabilized above the $2 threshold, breaking the past 8 years' curse of 'breakthrough followed by a decline', confirming a long-term trend reversal.

Adjustment Continuation Pattern: After a quick rebound from the lower edge of the channel in July, it formed a bullish structure of 'slow rise and fast fall.'