XRP News Today: Ripple Seeks Banking Charter as XRP Eyes $50 Amid Legal Clarity

Ripple’s XRP price has drawn renewed attention as analysts link its potential to break toward $50 with the company’s pursuit of a national trust bank charter from the U.S. Office of the Comptroller of the Currency (OCC). According to analyst Pumpius, the approval of this charter would grant Ripple direct access to the Federal Reserve and the authority to custody crypto and tokenized assets, potentially transforming XRP into a core settlement currency within a streamlined financial system [1]. The ability to issue stablecoins and facilitate high-volume securities transactions could further enhance XRP’s utility and demand [2].

The process of securing this banking charter is viewed as a key catalyst for XRP’s price trajectory. Pumpius argues that if the OCC approves Ripple’s application, XRP is unlikely to merely inch toward $10—it could "detonate" toward $50, driven by the massive liquidity potential of a global settlement model that bypasses traditional intermediaries [1]. With global bank settlements averaging $6 trillion daily, even a small fraction of this activity flowing into XRP could significantly boost its value [3].

The recent resolution of Ripple’s long-running legal battle with the SEC has also cleared a major regulatory hurdle. The case, dismissed on August 22, concluded that XRP is not a security, removing a significant cloud over the asset’s market perception [1]. This development, combined with Ripple’s growing institutional ambitions, has intensified speculation about the token’s future. Analysts suggest that the legal outcome has paved the way for Ripple to advance its banking goals without the same level of regulatory resistance [3].

While $50 remains a distant target, near-term price forecasts suggest a potential rise to $3.80 or even $5.50, particularly if Ripple’s stablecoin, RLUSD, expands into key markets like Japan [1]. Some speculative forecasts even suggest a potential climb toward $500, though these are not widely supported by the broader analyst community [2]. Investors are advised to monitor key technical levels, including support at $2.85 and $2.74, and a potential downside target at $2.40 should bearish momentum continue [3].

Ripple’s recent $125 million settlement with the SEC has been seen as a necessary step toward resolving the case, but analysts agree that the dismissal itself represents a more meaningful milestone [1]. The company is now focused on its upcoming ETF application, with a new approval deadline set for October 18. If successful, this could drive institutional adoption and liquidity for XRP [3].

On-chain activity has also reflected growing confidence, including a $50 million whale transfer in the days following the legal resolution, signaling that large holders are positioning for potential gains [3]. Meanwhile, broader crypto market volatility—driven in part by U.S. Federal Reserve policy—has impacted XRP’s price movements, though it has shown relative resilience compared to other assets [2].

In conclusion, XRP’s price trajectory is shaped by a combination of regulatory clarity, institutional access, and macroeconomic conditions. While most analysts view $50 as a speculative long-term target, near-term forecasts focus on more modest price levels based on Ripple’s strategic moves and market fundamentals [1][2][3].

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Sources:

[1] The $50 XRP Trigger – Here’s What Analysts Are Saying

https://coinmarketcap.com/community/articles/68ac28613bde1258f425f33a/

[2] XRP Price Prediction: Ripple To $10 In 2025? Why ...

https://www.mitrade.com/insights/news/live-news/article-3-1064069-20250824

[3] Crypto Market Update: Why SOL, XRP, DOGE, and PENGU ...

https://coingape.com/trending/crypto-market-update-why-sol-xrp-doge-and-pengu-are-exploding-today/