XRP gains momentum as AMINA Bank adopts Ripple’s RLUSD stablecoin for custody and trading, marking a major milestone.

RLUSD secures regulatory approvals from VARA and NYDFS, strengthening its position among top-tier stablecoins.

Bullish technical signals and a $500M whale trade hint at a potential XRP rebound toward $2.50 and beyond by year-end.

XRP has recorded a decline of 0.46% in the past 24 hours to $2.22 within a wider corrective move in the crypto market, where it declined by a total of 4.5%. The decline is despite some encouraging moves for Ripple and its growing universe of late, namely around its stablecoin RLUSD and future XRP ETF prospects.

Despite a short-term decline, XRP has remained positive by 6% for the past week. One of the key reasons for such strength is the announcement of Switzerland-based AMINA Bank to become the first global bank to offer custody and trading of Ripple’s RLUSD stablecoin. Such a development is a huge milestone for Ripple’s global financial connectivity and is a testimony to rising institutional confidence in Ripple-backed assets.

AMINA’s approval follows recent regulatory clearances for RLUSD. Stablecoin has achieved approval by Dubai’s Virtual Assets Regulatory Authority (VARA) and previously by New York’s Department of Financial Services (NYDFS), two leading jurisdictions of global finance.

These licenses further cement RLUSD’s place as a credible and potentially leading stablecoin player to compete against larger incumbents like USDC and USDT.

XRP Set to Rebound as Ripple Seeks U.S. Bank Charter

Ripple is also building out its regulatory footprint. The firm this week confirmed it had filed for a US bank charter, citing its intention to connect traditional finance and blockchain-based technology. Successful completion would have Ripple offer services like deposit-taking, custody, and remittances directly under US federal jurisdiction and further solidify its place within institutional finance.

If XRP’s price is down for the moment, technical charts are predicting a bounce back. RSI and MACD both started to increase after falling to their oversold levels and are signaling renewed buyer demand again.

Apart from this, whale activity has also risen, and we’ve witnessed a major $500 million XRP trade today, most likely related to enormous OTC trades or institutional action.

Also Read: XRP Price Primed for Breakout as Bullish Pattern Targets $2.65

Going by these indications, XRP is expected to reclaim the $2.50 hurdle by August and may witness a sprint to $3.50 by year-end if sentiment on the market improves and XRP ETF approval is made in the fourth quarter of 2025.

XRP Holds Strong While TOKEN6900 Meme Coin Rises

Though XRP is struggling with macro headwinds, new altcoins are absorbing speculative sentiment in the market. One of these is TOKEN6900 (T6900), a newly launched ERC-20 meme coin themed after a dot-com bubble. Spoofingly engaging with Web3 culture, TOKEN6900 to date has raised well over $150,000 in presale, reflecting healthy fan hype and early investor interest.

Unlike standard coins, TOKEN6900 neither professes to offer functionality nor use cases. Instead, it brands itself as “The Collective Hallucination Of Terminally Online Traders” and appeals to meme-based sentimentality. Whilst ironic in tone, investors are able to stake T6900 for passive returns and imbue it with an incentive angle to its narrative.

Currently priced around $0.00645, TOKEN6900’s presale will ramp up incrementally to incentivize early investing for investors hoping to get high-risk, high-reward exposure.

Also Read | XRP, Dogecoin, and the Meme Coin Evolution: What 2025 Investors Need to Know

XRP Gains Momentum as Swiss Bank Adopts RLUSD 5

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Filed under: Bitcoin - @ July 5, 2025 12:24 pm