XRP News Today: XRP Nears $3.26 Resistance as SWIFT Flags Ripple and Stellar for Cross-Border Disruption

XRP is approaching a key resistance level at $3.26, with technical indicators suggesting the possibility of a bullish breakout. Renowned market analyst Ali Martinez has identified a symmetrical triangle pattern in XRP’s price chart, a classic formation often associated with significant upward movement [1]. At present, XRP is trading near $3.11, consolidating within the pattern. A confirmed break above $3.26 could signal a move toward $3.90, which would not only represent a notable price increase but also potentially establish a new all-time high if the projection is realized.

The bullish outlook is further supported by recent on-chain activity. Large XRP holders have accumulated 120 million tokens, indicating strong institutional confidence in the asset’s future performance [1]. This type of accumulation is typically seen as a precursor to upward price action, reinforcing the potential for a breakout.

In parallel, XRP is gaining traction in the cross-border payments sector. A recent SWIFT-branded presentation, revealed by crypto researcher SMQKE, positions Ripple (XRP) and Stellar (XLM) as potential disruptors in the global payments landscape [1]. The presentation outlines the key attributes required to challenge traditional correspondent banking systems, such as global reach, viable alternatives to Nostro/Vostro accounts, regulatory support, cost efficiency, and enhanced customer service.

Ripple’s On-Demand Liquidity (ODL) system aligns with several of these criteria by enabling near-instant cross-border transactions, reducing reliance on pre-funded accounts, and cutting down on transaction costs [1]. Ripple CEO Brad Garlinghouse has emphasized that the company aims to replace SWIFT rather than integrate with it, citing inefficiencies like a 6% transaction error rate and $10 trillion in liquidity trapped in Nostro/Vostro accounts as systemic flaws that XRP can address [1].

Stellar (XLM) is also being highlighted in the SWIFT context, with its compliance-driven infrastructure and real-time bridging of traditional bank accounts and blockchain assets. The platform has two SWIFT anchors—Blindpay and Zeam—facilitating seamless integration with traditional financial systems. Additionally, its ISO 20022 compatibility enhances its appeal as a settlement layer for cross-border transactions [1]. These developments underscore a broader shift in the financial industry toward blockchain-based solutions.

The fact that both Ripple and Stellar are featured in a SWIFT presentation reflects a growing acceptance of blockchain technology as a viable alternative to conventional correspondent banking. As institutions continue to seek more efficient, secure, and cost-effective methods for cross-border payments, XRP and XLM are emerging as leading contenders.

From a technical perspective, XRP is at a critical juncture. While a breakout above $3.26 is not guaranteed, the confluence of favorable chart patterns, institutional accumulation, and strategic positioning in global payments suggests that XRP is in a period of high significance. However, investors should remain cautious due to the inherent volatility of the cryptocurrency market [1].

Source: [1] XRP Eyes $3.90 as SWIFT Highlights Ripple & Stellar (https://coinpaper.com/10539/will-xrp-break-3-26-swift-spotlights-ripple-and-stellar-for-cross-border-shakeup)