TLDR
- XRP broke through key resistance at $3.40 and is trading above $3.60, posting monthly gains exceeding 50%
- Over 99.6% of XRP supply is now in profit, outpacing Bitcoin’s profitability metrics
- Multiple XRP ETFs launched in US and Canadian markets, including NYSE-approved ProShares Ultra XRP ETF
- Central banks are testing Ripple’s infrastructure for CBDC launches via the CBDC Ripple Private Ledger
- Ripple applied for US national bank charter and won’t appeal SEC legal battle, providing regulatory clarity
XRP has broken through previous all-time highs and is now trading above $3.60. The cryptocurrency posted monthly gains exceeding 50% as institutional interest grows.
Market data shows over 99.6% of all XRP supply is currently in profit. This metric outpaces Bitcoin and marks peak profitability for XRP holders.
The token has delivered gains of 18.5% in the past seven days. Since the start of 2025, XRP has returned 70.8% to investors.
XRP broke through key resistance at $3.40 on the daily chart. The token successfully retested this level and bounced higher, confirming the breakout.
On July 17 and 18, trading volumes reached nearly $20 billion. This high volume indicates strong accumulation after the resistance break occurred.
Technical analysts expect XRP to push above its previous all-time high of $3.84 in the coming days. The next target appears to be the $4 psychological level.
ETF Launches Drive Institutional Access
Multiple XRP exchange-traded funds have launched in both US and Canadian markets. The New York Stock Exchange approved the ProShares Ultra XRP ETF for listing.
Several XRP ETFs began trading in US markets this month. This represents a major shift in regulatory acceptance for the cryptocurrency.
In Canada, Purpose Investments and 3iQ launched XRP ETFs on the Toronto Stock Exchange. These products give traditional investors direct exposure to spot XRP prices.
The US SEC opened a comment period for Franklin Templeton’s proposed XRP ETF. This signals potential softening of regulatory attitudes toward the cryptocurrency.
XRP futures volume surged to nearly $4 billion recently. Both institutional and retail traders drove this increased activity.
Central Bank Interest Grows
Analyst Versan Aljarrah from Black Swan Capitalist believes central banks are testing Ripple’s network for CBDC launches. He points to the CBDC Ripple Private Ledger as evidence of this testing.
— Versan | Black Swan Capitalist (@VersanAljarrah) July 18, 2025
Ripple could serve as a replacement for the outdated SWIFT cross-border payments system. The company has made progress globally to establish itself in this market.
Central banks using Ripple’s network for official CBDC launches could drive XRP demand higher. This represents a major use case for the cryptocurrency.
Institutional holdings have increased across the board. Entities holding 1-10 million XRP now possess nearly 10% of total supply, up 65% since November 2024.
Ripple Labs announced it will not pursue further appeals in its legal battle with the SEC. A federal court ruled that XRP is not a security in retail sales.
This legal clarity removes barriers to institutional adoption. It also clears the path for more compliant investment vehicles.
Ripple applied for a US national bank charter through federal regulators. If approved, this would place the company under federal and state oversight.
The company selected BNY Mellon as custodian for its XRP dollar reserves. This adds institutional oversight to Ripple’s operations.
Short squeezes have created market volatility recently. One surge wiped out $68 million in liquidations as traders were caught off guard.
The combination of regulatory clarity and ETF launches has positioned XRP as one of the best-performing major cryptocurrencies in mid-2025.
Final Thoughts
XRP price continues to rise, with strong institutional interest and regulatory clarity supporting its bullish momentum. As central banks test Ripple’s CBDC infrastructure and XRP ETFs gain traction, the token’s potential for further gains looks promising.
