Key Highlights:
XRP is back in the spotlight amid growing speculation that the U.S. may recognize it as a strategic reserve asset in a major crypto report due on July 30. This follows corporate filings that show increasing interest in XRP’s utility across real-time payments, treasury functions, and capital financing.
One such filing from Wellgistics Health (WH) proposes using XRP Ledger (XRPL) for instant, low-cost transactions with suppliers and customers. Additionally, WH plans to raise capital through equity or debt offerings to acquire more XRP, and use it as collateral for income-generating strategies. This demonstrates real-world adoption, though some skeptics question WH’s financial strength and potential impact.
Still, the bigger catalyst is the President’s Working Group on Digital Assets report, which may recommend crypto stockpiling by the U.S. government. If XRP is included, this would significantly shift institutional demand. Currently, U.S. holdings include Bitcoin (BTC), Ethereum (ETH), and Tether (USDT)—but not XRP.
Rumors are swirling that the SEC may drop its appeal in the ongoing Ripple case. If confirmed, this could fast-track approval of XRP spot ETFs, opening the floodgates to institutional investment. Combined with XRP’s growing use case, this positions the token for a potential breakout.
XRP is currently trading at $3.24, with key levels to watch:
While XRP benefits from legal and policy momentum, Bitcoin (BTC) has climbed in response to a historic U.S.-EU trade deal. The agreement, announced by President Trump, includes:
These deals are fueling investor optimism and weakening inflation fears, creating a bullish backdrop for crypto markets. Bitcoin closed at $119,393, its highest in four sessions.
More trade agreements with China, Japan, and the UK are in progress, which could further lift sentiment. If U.S. inflation continues to cool, expectations for a Federal Reserve rate cut will rise, enhancing Bitcoin’s appeal.
Bitcoin’s price outlook hinges on several key developments:
Key Scenarios to Watch:
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