XRP is currently holding steady above $2.20, despite a minor dip. However, Ripple, the company behind XRP, is making big moves that could drive the price up to $10 in the future.
Ripple has recently taken important steps to become more integrated into traditional finance. For instance, the company filed for a U.S. national banking charter with the Office of the Comptroller of the Currency (OCC). Additionally, Ripple is seeking a Federal Reserve master account. If these efforts succeed, Ripple could be at the heart of the U.S. payments system. This would be a significant milestone for a crypto-based company like Ripple. Consequently, these actions have increased optimism in the crypto community. As a result, traders are now eyeing XRP for long-term gains.
Institutional Interest
Moreover, interest in XRP is growing, especially from large financial institutions. Ripple’s strong position on central bank digital currencies (CBDCs) has made it a leading player in the digital asset space. There is also speculation that XRP could be considered for an exchange-traded fund (ETF). If this happens, it could greatly boost XRP’s price.
🚨 XRP EYES $10: Ripple Moves to Become a U.S. Bank 🏦
Ripple’s pursuit of a U.S. banking license could be the catalyst that propels #XRP to $10+ and unlocking massive utility, adoption, and trust on a global scale.
A new era for crypto is taking shape. Are you ready? pic.twitter.com/8smFXqU9Ji
— XRP Governor (@xrpgovernor) July 5, 2025
Ripple’s partnerships with CBDCs further enhance XRP’s potential. Ripple has already worked with over 50 countries to support the development of digital currencies for governments. These partnerships not only expand XRP’s reach but also make it more attractive to institutions. Therefore, XRP is becoming a trusted asset with increasing adoption.
Why XRP Could Reach $10
As a result of Ripple’s efforts, XRP reaching $10 is becoming more likely. Ripple’s increasing influence in traditional finance, combined with its growing role in cross-border payments, has set XRP up for major growth. The factors driving this growth include:
-
XRP’s ETF Potential: Speculation around an XRP ETF could drive both retail and institutional interest.
-
Ripple’s CBDC Partnerships: Ripple’s work with global governments boosts XRP’s relevance.
-
Cross-Border Adoption: XRP’s use for global payments is expanding.
Given these developments, it seems plausible that XRP could soon be valued at $10. While this isn’t guaranteed, the current trend shows growing support for XRP.
XRP Technical Outlook – Watch for Breakout Above $2.23
From a technical perspective, XRP remains well-supported. The price has been testing the $2.23 resistance level. If XRP manages to break through this level with strong volume, it could quickly move toward the next targets at $2.28 and $2.34.
However, if the price falls below $2.20, it may retreat to $2.15 or even $2.08. Therefore, breaking the $2.23 resistance is crucial for maintaining a bullish trend.
Ripple’s Institutional Push Keeps XRP Strong
Furthermore, Ripple’s ongoing engagement with institutional investors and regulators is helping XRP maintain its strength in the market. XRP has shown resilience, even amid challenges. With Ripple’s continued efforts to integrate into traditional finance, the future looks promising for XRP. If Ripple’s initiatives succeed, XRP could soon see a price of $10 or higher.
