XRP Price Prediction: Rises 4% as Ripple Applies for U.S. Banking License, Signaling Bullish Momentum

7/8/2025, 6:23:07 AM
XRP pump 4%, driven by Ripple's application for a banking license to U.S. regulators, which will have a profound impact on its compliance and ecosystem expansion. This article will elaborate on its significance.

After years of regulatory wrangling, Ripple has officially submitted a banking license application to the United States, attracting significant market attention. According to Reuters, following the release of this news, the XRP price quickly surged, rising by 4% at one point to reach a year-high of $2.26, with trading volume rapidly expanding, indicating a positive market response to the news.

Ripple applies for a banking license, what kind of signal does it release?

Ripple has long been committed to establishing a global cross-border payment network and promoting its XRP Ledger in multiple countries. The recent application for a banking license in the United States means that Ripple is officially stepping into the “high-threshold area” of traditional finance. This not only helps strengthen its cooperation with institutional clients but may also enable it to become a regulated financial intermediary in the future, significantly enhancing its compliance credibility.

Analysis of the reasons for the rise in XRP price


Figure:https://www.gate.com/trade/XRP_USDT

On July 1, XRP briefly broke through the key resistance level of $2.2, with a rise of 4%. The main catalysts behind this include:

  • Ripple submitted a banking license application;
  • Market expectations for Ripple’s compliance have increased;
  • Investors’ sensitivity to signals of regulatory easing in the United States;
  • The popularity of the AI cloud mining project PBK Miner.

This price trend not only reflects the market’s recognition of Ripple’s compliance efforts, but also shows that XRP is gradually regaining attention in the blockchain payment sector.

What impact does the launch of PBK Miner cloud mining have on the ecosystem?

At the same time, another important piece of news in the Ripple ecosystem is the launch of the PBK Miner cloud mining platform. This project combines AI algorithms with a distributed computing model, aiming to create an energy-efficient and effective XRP mining mode. Although XRP is not a mining coin in the traditional sense, the platform provides users with a revenue entry through a “cloud computing leasing” method, which is expected to stimulate market enthusiasm in the short term.

Ripple’s Strategic Shift in the U.S. Regulatory Environment

From the SEC lawsuit to the bank license application, Ripple’s response strategy has gradually shifted from “confrontation” to “integration.” Especially against the backdrop of a recently clarified regulatory environment, Ripple has chosen to enter the fray directly, with the hope of operating under a stable regulatory framework in the future.

How do investors view the future of XRP?

For investors, the short-term pump of XRP may have already reflected some Favourable Information, but in the medium to long term, if Ripple successfully obtains a banking license, it will reshape its ecological positioning. This will not only help increase the usability of XRP but also provide more possibilities for its price growth. Investors should pay attention to the following points:

  • Is Ripple successfully approved for a banking license?
  • Is the US regulation continuing to promote a friendly approach to cryptocurrency?
  • Is XRP further expanding its payment scenarios?
  • Is the PBK Miner project sustainable?
Author: Max
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

Share

Crypto Calendar

Proje Güncellemeleri
Etherex, 6 Ağustos'ta REX token'ını piyasaya sürecek.
REX
22.27%
2025-08-06
Nadir Geliştirici ve Yönetim Günü Las Vegas'ta
Cardano, 6-7 Ağustos tarihleri arasında Las Vegas'ta Rare Dev & Governance Day etkinliği düzenleyecek. Etkinlik, teknik gelişim ve yönetişim konularına odaklanan atölye çalışmaları, hackathonlar ve panel tartışmaları içerecek.
ADA
-3.44%
2025-08-06
Blok Zinciri.Rio Rio de Janeiro'da
Stellar, 5-7 Ağustos tarihlerinde Rio de Janeiro'da gerçekleştirilecek Blockchain.Rio konferansına katılacak. Program, Stellar ekosisteminin temsilcilerini, Cheesecake Labs ve NearX ortakları ile birlikte içeren anahtar konuşmalar ve panel tartışmaları içerecek.
XLM
-3.18%
2025-08-06
Webinar
Circle, 7 Ağustos 2025 tarihinde, UTC 14:00'te "GENIUS Yasası Dönemi Başlıyor" başlıklı bir canlı Yönetici İçgörüleri web semineri düzenleyeceğini duyurdu. Oturum, Amerika Birleşik Devletleri'nde ödeme stablecoin'leri için ilk federal düzenleyici çerçeve olan yeni kabul edilen GENIUS Yasası'nın etkilerini inceleyecek. Circle'ın Dante Disparte ve Corey Then, yasaların dijital varlık inovasyonu, düzenleyici netlik ve ABD'nin küresel finansal altyapıdaki liderliği üzerindeki etkilerini tartışacak.
USDC
-0.03%
2025-08-06
X üzerinde AMA
Ankr, 7 Ağustos'ta UTC 16:00'da X üzerinde bir AMA düzenleyecek ve DogeOS'nin DOGE için uygulama katmanını inşa etme çalışmalarına odaklanacak.
ANKR
-3.23%
2025-08-06

Related Articles

Pi Coin Transaction Guide: How to Transfer to Gate.io
Beginner

Pi Coin Transaction Guide: How to Transfer to Gate.io

Pi Network is a decentralized cryptocurrency network for the general public, using the Stellar Consensus Protocol (SCP) consensus mechanism, which allows users to easily mine Pi tokens from their mobile devices and use them for payments and transactions. With the official opening of the mainnet on February 20, 2025, investors can deposit and trade $PI on exchanges such as Gate.io. This article details how to securely transfer Pi Coins to Gate.io, including obtaining a deposit address, completing the transfer using the Pi Network mainnet wallet, and the exchange's arrival confirmation process. In addition, we have analysed $PI investment risks, including market volatility, compliance and potential fraud risks, to remind investors to take risk management before trading.
2/25/2025, 8:21:43 AM
What is N2: An AI-Driven Layer 2 Solution
Beginner

What is N2: An AI-Driven Layer 2 Solution

This article introduces N2 (Niggachain AI Layer 2), the world's first AI-driven Layer 2 blockchain solution. N2 combines AI technology and quantum computing resistance to address the limitations of traditional blockchains in scalability, transaction speed, and cost. Its core technologies include '0-second block time', AI-driven network optimization, and quantum-resistant security protection, aiming to improve transaction efficiency and ensure system stability.
12/23/2024, 7:21:00 AM
Grok AI, GrokCoin & Grok: the Hype and Reality
Beginner

Grok AI, GrokCoin & Grok: the Hype and Reality

Discover Grok AI, GrokCoin, and Grok Crypto—from Elon Musk's AI chatbot to the viral meme coin inspired by it. Learn about GrokCoin’s rise, its connection to Grok AI, and the risks of investing in meme coins.
3/7/2025, 10:33:07 AM
How to Sell Pi Coin: A Beginner's Guide
Beginner

How to Sell Pi Coin: A Beginner's Guide

This article provides detailed information about Pi Coin, how to complete KYC verification, and choose the right exchange to sell Pi Coin. We also provide specific steps for selling Pi Coin and remind of important matters to pay attention to when selling, helping novice users complete Pi Coin transactions smoothly.
2/26/2025, 9:20:50 AM
Crypto Trends in 2025
Beginner

Crypto Trends in 2025

As 2025 arrives, the cryptocurrency market stands at a new crossroads of development. This article delves into five key trends shaping the current crypto landscape, covering significant regulatory changes, the transformational impact of Bitcoin spot ETFs, the deep integration of AI and blockchain, Ethereum’s technical upgrades, and the rise of emerging markets. Through analysis of these trends, the goal is to provide investors, professionals, and enthusiasts with clear insights into the future direction of the crypto market, helping them better seize opportunities and face challenges. Real-world examples are included to help readers understand the dynamics of how the market is developing under each trend.
4/10/2025, 9:55:53 AM
What is Official Elon Coin (ELON)?
Beginner

What is Official Elon Coin (ELON)?

Official ELON Coin is an innovative project launched on the Solana blockchain, connecting the future of cryptocurrency and fan concepts through the $ELON token. After its launch, the project quickly gained strong community support and market confidence, with a maximum market value of $26 million. Through its unique token distribution mechanism and long-term development plan, the project ensures market stability and sustainability.
1/20/2025, 5:08:32 AM
Start Now
Sign up and get a
$100
Voucher!