XRP News Today: XRP Surges 15% to $2.75 on Institutional Demand and Banking Integrations

XRP has recently surged past the significant resistance level of $2.75, consolidating in a bullish pattern just below the $3.00 mark. This movement indicates a strong upward trend, with the next major targets set at $3.25 and the 2021 highs near $3.40. The price structure shows consistent higher highs and higher lows, which are characteristic of a robust uptrend.

The Relative Strength Index (RSI) currently stands at 73, suggesting overbought conditions on the daily timeframe. However, this is typical during strong parabolic phases. The MACD (Moving Average Convergence Divergence) remains bullish, with wide divergence and a growing histogram, further supporting the upward momentum. Price is well above both the 50-day and 200-day moving averages, with the golden cross structure fully intact. Volume continues to build, supporting the sustainability of this rally.

Support zones include $2.65 and $2.48, both of which have acted as consolidation levels in recent weeks. If the price fails to hold $2.75 in the short term, traders may look to those areas as re-entry zones.

Ripple has launched the Global Liquidity Hub 2.0, in partnership with HSBC, SBI Holdings, and Standard Chartered, offering instant interbank transfers using XRP as a bridge asset. This marks one of the largest banking integrations in crypto history. Following SEC approval, a spot XRP ETF has launched in both the U.S. and Japan, managed by Fidelity Digital Assets. The ETF has already reached $3 billion in assets under management (AUM), signaling massive institutional demand for XRP exposure.

Ripple Labs is working with several Latin American central banks to bridge CBDCs across borders using the XRPL. These pilots use XRP as an intermediary liquidity asset, reducing settlement time from days to seconds between regional stablecoins. A new product called XRP Stable Gateway allows tokenized USD and EUR transfers to settle via XRPL smart contracts using XRP as a programmable intermediary. This has direct implications for enterprise treasury management and automated FX conversions.

With the price now approaching the critical $3.00 resistance, a breakout could open the door to $3.40 and $3.75 in the medium term. While short-term corrections are possible due to overbought conditions, XRP’s upside is backed by real-world demand, not hype. It is clear that XRP is no longer a speculative token—it’s a financial infrastructure asset.