XRP is on fire. As of Monday, July 21, XRP has surged to its highest price since January 2018.
Bullish momentum is accelerating, and traders are now targeting a move to $4.50 and even $5 — driven by explosive growth in XRPL activity, legislative breakthroughs in Washington, and mounting challenges for the traditional SWIFT payment network.
XRP Price Action: Breaking Out Toward $5
According to the latest price data, XRP is trading around $3.63 — up over 40% in the past week. Analysts say the rally is being fueled by:
- A technical breakout above resistance levels near $3.30
- Growing adoption of the XRP Ledger (XRPL) for real-world payments
- Increased capital inflows following pro-crypto legislative developments in the U.S.
- Diminishing reliance on SWIFT as Ripple-based solutions expand globally
Some traders have already set their sights on a near-term target of $4.50, while others see the $5 milestone as within reach by August.
“This is the strongest bullish setup we’ve seen in years,” one analyst wrote, citing a confluence of on-chain metrics, volume surges, and sentiment.
Why XRPL Activity Matters
The XRP Ledger, Ripple’s open-source decentralized blockchain, has seen a surge in network activity. This includes:
- Higher transaction volumes
- More institutional pilot projects using XRP for liquidity
- Tokenization of assets and stablecoin expansion across the ledger
This technical and fundamental strength is reinforcing the price climb. The XRP Ledger is now positioned as a central infrastructure piece for global finance in a post-SWIFT world.
SWIFT’s Grip Weakens
Ripple’s progress continues to erode SWIFT’s dominance in cross-border payments. The old system’s delays and high fees are pushing financial institutions to adopt faster, blockchain-based alternatives — with XRP emerging as the most direct challenger.
Recent updates suggest:
- More central banks are testing Ripple’s solutions for real-time settlement
- A growing number of banks and remittance services are bypassing SWIFT
- XRP-based corridors are expanding across Asia, Africa, and Latin America
This shift is no longer hypothetical — it’s happening in real-time.
Regulatory Clarity Opens Floodgates
The recent approval of the GENIUS and CLARITY Acts in Washington has removed longstanding uncertainty around the classification and taxation of digital assets. XRP, having already won partial victories in court against the SEC, stands to benefit more than most:
- Clear classification as a non-security
- Enhanced legal standing for institutional adoption
- Renewed ETF and investment product interest
This clarity is unleashing sidelined capital, especially from hedge funds and institutional allocators who were previously avoiding XRP due to regulatory ambiguity.
What’s Next for XRP?
With XRP hitting $3.60, here are the short- and medium-term targets according to top analysts:
- $4.00 — Psychological resistance level
- $4.47 – $4.50 — Fibonacci extensions and trend projections
- $5.00 — Parabolic extension and speculative moonshot if volume sustains
Traders are watching support levels around $3.40 and $3.20 closely in case of a pullback, but most models suggest this breakout is structurally sound.
Summary: XRP’s Perfect Storm
A rare alignment of technical momentum, fundamental adoption, and geopolitical relevance has positioned XRP for a historic run. With institutional tailwinds, legislative clarity, and a fractured traditional system, the token’s path to $5 may not just be a dream — it could be the new baseline.
FULL COVERAGE: XRP | Cryptocurrency Market
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