XRP Set for $10 Breakout as 38% of Top Banks Use Ripple
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XRP Poised for Explosive Breakout: $10 Target Within 3 Months, Says Analyst Market analyst Dominus reports that XRP’s year-long consolidation is nearing its end, signaling a potential breakout that could propel the token to $10 within three months, marking a pivotal shift in its short-term trajectory. Source: Dominus XRP’s prolonged consolidation below key resistance levels has attracted the attention of both retail and institutional investors. Dominus highlights that this tight price compression is not a sign of weakness but a classic precursor to a significant move. Market patterns suggest that XRP is coiling energy, waiting for the right catalyst to ignite a rapid ascent. Notably, multiple catalysts are converging in XRP’s favor. The broader crypto market is regaining bullish momentum, fueled by rising institutional adoption and a shift toward utility-driven assets. With its unmatched speed and low-cost cross-border capabilities, XRP stands to be a prime beneficiary. According to Dominus, this combination of real-world utility and surging demand could trigger a swift and decisive breakout. Meanwhile, resistance near the $3 mark has solidified XRP’s base, forming a strong launchpad for bullish momentum. According to Dominus, a breakout above $3.15 could ignite a powerful rally, propelling XRP toward $10. Ripple’s Footprint in Global Banking: 38% of Top 100 Banks Have Used Its Products Crypto observer SMQKE notes that Ripple once achieved a remarkable milestone, 38% of the world’s top 100 banks had integrated its products, cementing its position as a key bridge between traditional finance and blockchain innovation. Ripple’s suite of solutions, spanning RippleNet and XRP Ledger-based services, empowers banks to process cross-border payments with unprecedented speed, transparency, and cost efficiency. Unlike traditional systems plagued by delays, high fees, and multiple intermediaries, Ripple’s technology enables near-instant global settlements. For financial institutions, this translates to a decisive competitive edge in an industry where…
Filed under: News - @ October 7, 2025 6:17 am