XRP News Today: XRP Surges 10% to $2.80 on BNY Mellon Partnership and ETF Speculation

Ripple's XRP experienced a notable surge in value, reaching $2.80 on July 2025. This increase was driven by two significant developments: a strategic partnership with BNY Mellon and growing speculation around potential ETF inflows. The partnership with BNY Mellon, one of the largest custody banks in the United States, marks a pivotal moment for the cryptocurrency industry. BNY Mellon will now handle the USD cash and Treasury bills that back Ripple's RLUSD stablecoin, providing it with a reputable banking partner and ensuring that the stablecoin can be redeemed for USD on a 1-to-1 basis. This collaboration aligns with BNY Mellon's gradual expansion into crypto services, which began with the establishment of a digital asset unit in 2021 and the welcoming of institutional crypto clients in 2022.

The stablecoin market, valued at around $260 billion, is expected to grow significantly in the coming years. According to Ripple CEO Brad Garlinghouse, the market could potentially expand tenfold, reaching a combined market capitalization of $1 trillion to $2 trillion. This growth is driven by the increasing adoption of stablecoins in institutional payment flows and the entry of major corporations and top-tier banks into the ecosystem. The GENIUS Act, a bipartisan legislation in the US, will introduce federal standards for reserve disclosures and backing, further supporting the stablecoin industry's growth.

In addition to the BNY Mellon partnership, speculation around a potential ProShares XRP ETF on the DTCC platform has also contributed to the surge in XRP's value. This speculation suggests a possible influx of institutional investors, further fueling the optimism surrounding XRP. The potential filing of a BlackRock spot ETF has also generated significant interest and optimism among investors, as it could provide a regulated and secure way for institutional investors to gain exposure to XRP.

The rising interest in XRP is not limited to institutional investors. The cryptocurrency has also seen increased retail investor participation, with the price of XRP trading around $2.69, up over 10% in just a day. This surge in value is a testament to the growing optimism surrounding Ripple's stablecoin and its potential for regulatory clarity and major institutional adoption. The price rally briefly positioned XRP third in market cap rankings, overtaking Tether. Institutional inflows to ETFs further indicate mainstream financial interest in Ripple’s ecosystem. Teucrium’s XRP leveraged ETF showed growth in assets managed, suggesting persistent institutional endorsement.

Comparisons are drawn to XRP's major 2024 rally, with DonAlt's predictions echoing past accurate forecasts. Momentum signals reflect growing investor confidence in similar patterns indicating previous surges. Potential outcomes include increased liquidity and broader asset adoption. Data supports a systematic shift toward stablecoin and XRP-linked mainstream financial integration within both DeFi and traditional finance as highlighted by Teucrium's ETF developments.

In conclusion, the surge in XRP's value is a result of strategic partnerships, potential ETF inflows, and growing optimism surrounding the stablecoin industry. As Ripple continues to expand its partnerships and the stablecoin market grows, XRP is poised to benefit from increased institutional and retail investor interest. The partnership with BNY Mellon and the potential for ETF inflows have significantly boosted XRP's market position, highlighting the rising institutional interest and potential mainstream investment integration in the crypto sector.