According to @ai_9684xtpa, the Binance smart money account Hyundai_YK suffered a substantial trading loss by holding a 6x leveraged XRP (Ripple) short position for 28 days, starting at an opening price of $2.5784 on July 10. The trader fully closed their main position with a realized loss of $6.448 million and still holds a remaining XRP short position with an unrealized loss of $148,000 as of the latest update. This significant loss highlights the risks of prolonged high-leverage shorts in volatile crypto markets and may influence short-term XRP price action and overall market sentiment. Source: @ai_9684xtpa.

According to Phil Kwok, mentees participating in the Ripple builder residency are developing impressive projects on the XRP Ledger, with several launches anticipated soon. These upcoming launches may introduce new use cases and utility for XRP, potentially impacting trading volumes and price action as the community anticipates the rollout of these innovations. Traders should monitor Ripple and XRP Ledger developments for signals that could drive increased market activity. Source: Phil Kwok

According to @EleanorTerrett, leaders from major crypto trade associations and policy representatives from top firms like Coinbase and Ripple participated in a high-level meeting with the Presidential Working Group. This assembly of influential stakeholders signals increased regulatory engagement, which could impact the trading landscape for cryptocurrencies such as BTC, ETH, and XRP. Traders should monitor developments closely, as regulatory discussions often drive short-term volatility and long-term market sentiment (source: @EleanorTerrett).

According to @kwok_phil, a highly productive developer session was recently held at Ripple's New York office, led by Phil Kwok and Dom Kwok. The session focused on equipping top blockchain builders with strategies to launch and succeed on the XRP Ledger. This initiative signals a significant increase in developer activity on the XRP Ledger, which may drive innovation, new projects, and potential trading volume growth for XRP as developer tools and ecosystem expansion accelerate (source: @kwok_phil).

According to @AltcoinGordon, the XRP/BTC trading pair has experienced seven years of consolidation and is now approaching a critical breakout level. The recent resolution of the SEC case against Ripple and the accumulation of new partnerships have strengthened market sentiment. Additionally, discussions surrounding a potential XRP spot ETF are gaining traction. Traders should monitor the XRP/BTC chart for a possible breakout, as these developments may drive increased volatility and trading opportunities. Source: @AltcoinGordon.

According to @cas_abbe, the debate over whether XRP's market capitalization could surpass Ethereum's (ETH) is intensifying, driven by several potential catalysts. The author highlights that Ripple has already achieved a significant degree of legal clarity. Furthermore, @cas_abbe points to ongoing rumors of a potential XRP spot ETF and a strengthening utility narrative as key elements fueling speculation about XRP's future valuation relative to ETH, questioning if this sentiment is just 'hopium' or an early opportunity for traders.

According to Michaël van de Poppe, XRP has experienced a massive breakout and printed a new high, driven by recent news surrounding potential ETFs. However, he suggests the situation is now tricky and anticipates a significant correction. The analyst predicts that XRP will likely lose the $3.40 support level, as all the upward liquidity has been taken.

According to crypto analyst @Pentosh1, a price target of $5.89 for Ripple (XRP) is not a speculative 'meme' but a tangible goal for traders. The analyst points out that reaching this level would constitute less than a twofold increase from its current price, framing it as a plausible and achievable target. This perspective suggests a bullish outlook on XRP's price action, indicating that significant upside potential may exist without entering the realm of unrealistic price speculation.

According to analyst @Pentosh1, XRP (XRP) is likely to enter a price discovery phase within the next two weeks. This suggests the potential for a significant upward price movement as the asset could surpass its previous all-time highs and explore new trading ranges.

According to @KookCapitalLLC, while XRP has rallied significantly to trade above $2, it faces considerable selling pressure as early investors take profits. On-chain data from Glassnode reveals the 7-day moving average of realized profits reached a one-year high of $68.8 million, explaining the strong resistance near the $2.20 price level. Despite this near-term headwind, Ripple is strengthening the XRP ecosystem by integrating the Wormhole cross-chain protocol with the XRP Ledger (XRPL). This strategic move, cited by Ripple CTO David Schwartz, aims to facilitate institutional adoption by enabling seamless asset transfers of XRP, stablecoins, and tokenized real-world assets (RWAs) across over 35 blockchains, including Ethereum (ETH) and Solana (SOL). However, a broader market analysis from CryptoQuant indicates a significant capital outflow from altcoins, suggesting that while XRP has strong fundamentals, a wider 'altseason' may not be imminent.

According to @KookCapitalLLC, Ripple is enhancing its payment infrastructure by partnering with OpenPayd to support its new U.S. dollar stablecoin, Ripple USD (RLUSD), aiming to streamline cross-border payments for businesses. This move coincides with Ripple's application for a national banking license from the OCC, which would enable the expansion of its crypto services under federal regulation. In a separate development, OP Labs, the builder of Ethereum's Layer-2 protocol Optimism, predicts that nearly every crypto exchange and fintech firm will operate its own blockchain within the next five years. This forecast is based on the success of Coinbase's L2 network, Base, which leverages Optimism's OP Stack. The primary driver for this trend is the ability for firms to monetize custodied crypto assets by enabling them to be used as collateral for loans on their proprietary L2 networks, a model now being replicated by exchanges like Kraken, Bybit, and OKX.

According to FoxNews, a New York judge has rejected a joint settlement request from Ripple Labs and the SEC, creating significant legal headwinds for Ripple (XRP). District Judge Analisa Torres denied the request to lower Ripple's penalty and remove a permanent injunction, stating there remains a 'reasonable probability' that Ripple would continue violating federal securities laws. The judge argued that the parties, including the newly crypto-friendly SEC, did not present 'exceptional circumstances' to justify changing the court's final judgment. This decision prolongs legal uncertainty for Ripple and its digital asset, XRP, which was trading at approximately $2.2277 with a 24-hour change of -1.018%. In other news reflecting legal risks in the crypto sector, Shaquille O’Neal reportedly agreed to a $1.8 million settlement over his promotion of the collapsed FTX exchange.

According to @FoxNews, the cryptocurrency industry is experiencing a significant ideological drift as major players increasingly align with the centralized systems they were created to challenge. The analysis points to actions like Coinbase sponsoring political events and Ripple becoming a major lobbying force as evidence that the original cypherpunk ethos of decentralization is being diluted. While developments such as Bitcoin ETFs bring liquidity, the source argues they do not represent an ideological alignment and may even undermine crypto's foundational principles. For traders, this growing entanglement with politics and traditional finance presents a long-term narrative risk, as the actions of key companies like Coinbase could impact regulatory scrutiny and market sentiment, moving away from the core value proposition of decentralization. This ideological tension coincides with minor market dips, with BTC down 0.627% and ETH down 1.665% in the last 24 hours.

According to @timnitGebru, the cryptocurrency market is facing significant legal and regulatory headwinds. A New York judge has rejected a joint settlement proposal from the SEC and Ripple Labs, refusing to remove a permanent injunction against the firm, which prolongs legal uncertainty for XRP. Judge Analisa Torres stated the parties did not show exceptional circumstances to warrant modifying the court's final judgment, which found a 'reasonable probability' Ripple would continue violating securities laws. This development could negatively impact the XRP token, which is currently trading at approximately $2.2421, down 1.229% over 24 hours. Concurrently, the U.S. Supreme Court has declined to hear a privacy case involving an IRS request for Coinbase user data. This decision upholds the 'third-party doctrine,' allowing government agencies to access customer data from centralized exchanges without a warrant, reinforcing regulatory powers and raising privacy concerns for crypto investors.

According to @CryptoMichNL, Ripple's integration of the Wormhole cross-chain protocol with the XRP Ledger (XRPL) is a significant move aimed at attracting institutional capital by enhancing multichain interoperability. This development enables the seamless transfer of assets, including XRP, Ripple's RLUSD stablecoin, and tokenized real-world assets (RWAs), across more than 35 blockchains like Ethereum (ETH) and Solana (SOL). The source highlights that this infrastructure upgrade is crucial for the growing RWA tokenization market, which is being driven by technological maturity and increasing regulatory clarity. Current market data reflects positive sentiment, with XRPUSDT showing a 4.54% increase to $2.2916, indicating trader optimism following the announcement.

According to @FoxNews, New York District Judge Analisa Torres has rejected a joint settlement request from the SEC and Ripple Labs, which would have lowered Ripple's penalty to $50 million. The judge's primary concern was the removal of a permanent injunction, stating there remains a 'reasonable probability' that Ripple would continue violating federal securities laws. This marks the second time Judge Torres has denied such a request. Despite this legal setback for Ripple, XRPUSDT has risen 3.80% to $2.2803 in the last 24 hours. In other regulatory news, a bipartisan stablecoin bill has passed the U.S. Senate, moving to the House. This development coincides with reports that an entity affiliated with President Trump and his family has reduced its stake in World Liberty Financial, a crypto firm with its own stablecoin, from 60% to 40%. The broader crypto market shows bullish sentiment, with Bitcoin (BTC) trading at $109,242.73 and Ethereum (ETH) at $2,598.95.

According to @EleanorTerrett, Ripple has officially applied for a national banking license with the Office of the Comptroller of the Currency (OCC). This move, confirmed by a company spokesperson, aims to expand Ripple's crypto services and enable operations across state lines under a single federal regulatory framework. The news triggered a positive market reaction, with the price of XRP jumping over 3%. Current data shows XRPUSDT trading at $2.2721, marking a 3.787% increase in 24 hours and reaching a high of $2.2880. This application follows a similar filing by USDC issuer Circle, indicating a growing trend among major stablecoin companies to seek federal oversight as U.S. crypto regulation advances.

According to Eleanor Terrett, Ripple is enhancing its multichain capabilities by integrating the Wormhole cross-chain protocol with the XRP Ledger (XRPL). This strategic move aims to facilitate seamless transfer of assets like XRP, stablecoins, and tokenized real-world assets across more than 35 blockchains, including Ethereum (ETH) and Solana (SOL), catering to institutional demand. Ripple CTO David Schwartz stated that this interoperability is essential for mass adoption. Further boosting its outlook, Ripple CEO Brad Garlinghouse projected at the XRP APEX 2025 event that XRP could capture 14% of SWIFT's global payment volume within five years by providing superior liquidity solutions for cross-border transactions. Market data reflects positive sentiment, with the XRPUSDT pair showing a 3.842% increase to $2.2733 in the last 24 hours.

According to @rovercrc, Ripple has officially applied for a national banking license with the U.S. Office of the Comptroller of the Currency (OCC). This strategic move, which was first reported by The Wall Street Journal, aims to allow Ripple to expand its crypto services and operate across state lines under a unified federal regulatory framework. The market reacted immediately to the news, with the price of XRP jumping over 3%. Current data shows XRPUSD trading at $2.2709, a 3.65% increase in 24 hours. This application follows a similar filing by USDC issuer Circle, signaling a trend of major crypto firms seeking federal oversight as U.S. stablecoin legislation advances.

According to @FoxNews, the U.S. Supreme Court has declined to review a privacy case concerning an IRS request for Coinbase user data, upholding lower court decisions that affirm the agency's authority to access customer records through a "John Doe summons." This outcome reinforces the "third-party doctrine," impacting privacy expectations for traders on centralized exchanges. In a separate major legal development, New York District Judge Analisa Torres rejected a joint settlement proposal from the SEC and Ripple Labs, citing concerns that Ripple remains likely to violate securities laws, thus keeping a permanent injunction in place. This decision extends the legal uncertainty surrounding Ripple (XRP). In the markets, XRP (XRPUSDT) has fallen 1.178% to $2.1889 in the last 24 hours, while Solana (SOLUSDT) is down 1.422% to $149.08, per supplied data, reflecting the regulatory headwinds.