Overview

• XRP surged past $3.00 on July 14 for the first time since January, driven by bullish sentiment and technical momentum.
• Santiment recorded nearly 6,939 new wallets on July 11—the highest daily creation since March—and Coinglass data showed open interest climb 12% to $8.3 billion.
• The SEC formally dropped its appeal at the end of June, finalizing Judge Analisa Torres’s 2023 ruling that programmatic XRP sales were not securities.
• ProShares will begin trading its XRP spot ETF on July 18 after securing a DTCC listing, offering direct U.S. market access to the token.
• Standard Chartered projects XRP could reach $5.50 by year-end, citing the ETF debut, stablecoin momentum and real-world asset tokenization on the XRP Ledger.