XRP Surges 0.696% as Institutional Investments and Regulatory Clarity Boost Market Confidence

XRP's latest price was $3.42, up 0.696% in the last 24 hours. The digital asset by Ripple Labs has been making significant strides in the cryptocurrency market. The asset has seen a notable surge in its market value, driven by Ripple Labs' strategic global partnerships and substantial institutional investments. These partnerships have facilitated real-world asset tokenization and expanded the XRP Ledger’s integration, positioning XRP as a key player in the market. The increase in market value indicates growing confidence and liquidity supported by institutional accumulation. A market source revealed that large investors purchased over 2.2 billion XRP in a two-week accumulation, further illustrating the institutional interest behind the recent rally. The recent uptrend is partially due to the resolution of Ripple’s SEC case, which has cleared a major regulatory uncertainty, providing renewed confidence in the market.

Onchain payment activity on the XRP network has increased significantly in recent months. According to data from on-chain data platform XRPSCAN dated July 18, the total volume of inter-account transfers via XRP Ledger exceeded $1.4 billion, reaching the highest level since February 2025. A total of 1,488,878,886 XRP units changed hands on the day, compared to a trading volume of $1.2 billion the day before. The number of daily transactions on the XRP Ledger also increased steadily, reaching approximately 1.4 million transactions. This rise indicates growing user interest in XRP. The increase in XRP's on-chain activity also aligns with the overall upward trend in the cryptocurrency market. Meanwhile, a crypto wallet belonging to Ripple co-founder Chris Larsen sent $26 million worth of XRP to Coinbase on Tuesday. The transfer occurred on the same day that the XRP price hit a seven-month high. While it is unclear whether Larsen sold these XRPs, such large transfers to centralized exchanges are often seen for resale purposes.

XRP’s upward trend began on Wednesday when the House set terms for debate on three crypto-related bills, including the GENIUS Act, which is particularly significant for Ripple’s stablecoin initiatives. The GENIUS Act establishes a federal regulatory framework for payment stablecoins, requiring full reserve backing, regular audits, and licensed issuance. Ripple has proactively aligned its RLUSD stablecoin with these new regulations by applying for a national trust bank charter, seeking a Federal Reserve master account, and partnering with BNY Mellon as a qualified custodian for reserves. The anticipated enactment of the GENIUS Act is expected to enhance the adoption of RLUSD, potentially giving Ripple a competitive edge in the regulated stablecoin market. In addition to the legislative developments, the Financial Times reported that Trump is considering an executive order aimed at opening the US retirement market to crypto, gold, private equity, and other alternative investments. This order would direct regulators to eliminate barriers preventing these asset classes from being included in professionally managed retirement portfolios.

Recent developments surrounding XRP (Ripple) highlight significant activity and growing infrastructure support within its ecosystem. Mining service provider PFMCrypto has expanded its offerings by introducing XRP cloud mining, presenting users with alternative methods to earn the digital asset. This addition reflects the ongoing diversification of ways users can engage with the XRP network. The infrastructure supporting XRP mining continues to develop. All4 Mining announced new services specifically tailored for XRP, further signaling the asset's integration into mainstream cryptocurrency mining operations. Simultaneously, JA Mining launched a novel "Dual-Income" program designed to enhance the profitability of participants engaged in XRP-related activities, offering dual revenue streams.

Market activity related to XRP has been notably vibrant. The cryptocurrency achieved a significant milestone by reaching a new all-time high, briefly touching $3.61 before consolidating. This surge represents a substantial upward movement, reflecting a breakout from previous trading ranges and overcoming resistance levels that had persisted for an extended period. This performance indicates a departure from its earlier stagnation phase. The trading activity accompanying this price action was characterized by considerable volume, interpreted by some analysts as a potential sign of heightened institutional interest entering accumulation phases.

Industry commentary suggests a spectrum of viewpoints concerning XRP's future trajectory. While the recent surge has captured substantial retail investor attention, surpassing interest in Bitcoin and Ethereum in some respects, analysts' predictions for the asset's price path diverge significantly. Some market observers propose very ambitious long-term targets, citing potential future valuation models and historical patterns like the MVRV golden cross. However, other experts maintain a more cautious stance, emphasizing challenges like intense market competition. They argue that reaching the higher end of speculated price targets, such as $10 within the current year, remains unlikely despite ongoing discussions about potential catalysts like Exchange-Traded Funds (ETFs) or rumors concerning an Initial Public Offering (IPO) for related entities. Edoardo Farina, Head of Social Adoption at XRP Healthcare, expressed a particularly bullish long-term view, remarking that selling XRP at potential future levels like $10 could be considered a "lifetime mistake" for any investor.

Technical analysis observations point towards a phase of consolidation following the sharp ascent. After achieving its peak price, XRP entered a period characterized by market participants assessing the next directional move. Renowned trader Tony Severino advised investors to remain vigilant during this phase, warning that the cryptocurrency's subsequent significant price move, while potentially explosive, might also be short-lived, requiring preparedness to adjust positions.