XRP Price Outlook for 2025, which are $7 Target & Ripple Banking License
In July, XRP broke free from its previous trading pattern, hinting at the start of a potential long-term bull run. Institutional interest remains strong, as shown by SBI Holdings’ spot XRP ETF application earlier this year. Ripple also revealed last week that it had applied for a banking license in the previous month, although the filing made no direct mention of XRP in relation to the ongoing SEC case. This momentum followed XRP’s breakout above its 2018 high of $3.65 on July 18, before experiencing a modest 16 percent correction.