XRP News Today: Ripple Seeks US Banking Charter XRP Surges 10%

Ripple has made a significant move by formally applying for a national banking charter in the United States, marking a transition from a fintech firm to a potential regulated bank. This bold step has reignited optimism around the long-term value of XRP, with some analysts predicting that the token could reach $30 to $50 in the coming years if adoption accelerates. The application for a Federal Reserve master account is also part of Ripple's strategy, which would grant it direct access to vital U.S. payment rails such as Fedwire and FedNow.

At the time of writing, XRP is trading near $2.27, supported by a strong ascending trendline and bullish technical momentum. Traders are closely monitoring the market for a breakout above the $2.38 resistance level, which could trigger a push toward $2.50 and even $3.50 by the end of 2025 if sentiment holds. A “golden cross” formation on the daily chart signals strengthening bullish momentum, and open interest in XRP futures is rising, showing increased appetite among leveraged traders.

While some skeptics argue that a $50 XRP would imply an outsized market cap, Ripple advocates counter that traditional valuation comparisons don’t fully account for XRP’s unique role in payments, CBDCs, and tokenized banking services. The recent inclusion of XRP in Grayscale’s large-cap ETF, despite regulatory delays, is seen by many as proof that Wall Street is warming up to the asset class. With Ripple’s push for banking status and real-world utility growing through RippleNet and potential partnerships, believers say the ceiling is far higher than critics claim.

Ripple’s audacious bet on becoming a regulated bank could redefine how crypto interacts with the U.S. financial system. If approved, the move would grant Ripple FDIC-insured deposit accounts and a competitive edge over many crypto rivals still operating without full regulatory clarity. As XRP stays buoyed by technical strength and institutional interest, analysts agree the coming months could set the tone for whether this bold $50 target moves from hopeful speculation to reality.