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    You are at:Home » XRP set for double-digit surge? Three powerful catalysts for Ripple to watch in July
    Crypto

    XRP set for double-digit surge? Three powerful catalysts for Ripple to watch in July

    James WilsonBy James WilsonJuly 2, 2025No Comments5 Mins Read
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    XRP, the native token of the XRP Ledger, has made headlines in the aftermath of the SEC’s lawsuit against Ripple and the withdrawal of the payment giant’s appeal. The crypto payments firm looks set to expand its stablecoin partnerships and boost XRP utility, both of which could push the altcoin higher.

    Why the end of Ripple’s appeal and SEC lawsuit matters

    The SEC vs. Ripple lawsuit has been a decisive legal battle that dragged on for several years, contributing to the altcoin’s de-listing from major crypto exchanges and a prolonged price slump. Ripple Labs CEO Brad Garlinghouse recently tweeted about the firm’s decision to withdraw its appeal and what that means for XRP.

    In the last week of June, Ripple CLO Stuart Alderoty noted that Judge Analisa Torres had put the ball back in Ripple’s court. The company was faced with two options: dismiss its appeal challenging the ruling on historic XRP sales to institutions or proceed with the appeal.

    With this, the ball is back in our court. The Court gave us two options: dismiss our appeal challenging the finding on historic institutional sales—or press forward with the appeal. Stay tuned. Either way, XRP’s legal status as not a security remains unchanged. In the meantime,… https://t.co/edHNbMzYbZ

    — Stuart Alderoty (@s_alderoty) June 26, 2025

    The executive explained that in either case, the legal status of XRP as a non-security in secondary market sales, meaning across exchange platforms and in transactions made by retail traders, is unaffected. 

    Following that, Garlinghouse informed the XRP community that Ripple has chosen to withdraw the appeal. The firm is closing this chapter of the legal battle, while XRP holders now await the SEC’s response.

    Ripple is dropping our cross appeal, and the SEC is expected to drop their appeal, as they’ve previously said. We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value. Lock in. https://t.co/ZsRgDfcpLh

    — Brad Garlinghouse (@bgarlinghouse) June 27, 2025

    If the SEC agrees to pull its appeal as well, Ripple will pay a $125 million penalty and move on from the case.

    The lawsuit has been a key driver of XRP price movements since the 2018 bull run, so each update has served as a significant catalyst. XRP rallied slightly on the latest news before giving up those gains between June 28 and July 2. As of writing, XRP trades at $2.1814, above the psychologically important $2.00 support level.

    XRP price forecast 

    XRP is currently consolidating near the $2.00 support. Momentum indicators on the daily chart show a subtle bullish trend. RSI reads 49 and is trending upward, while MACD displays green histogram bars above the neutral line.

    XRP could rally 14% and test resistance at the upper boundary of the FVG on the daily price chart, at R1, $2.50. The second key resistance is R2, $2.65. The psychologically important level of $3 kicks in once XRP sees a daily candlestick close above R1 and R2. 

    Ripple
    XRP/USDT daily price chart | Source: Crypto.news

    Support levels at S1, S2, $1.90 and $1.77 are important zones where XRP could collect liquidity in the event of a price decline in July. 

    Catch up on Ripple’s recent announcements 

    Financial services infrastructure firm OpenPayd is working to embed Ripple’s stablecoin and blockchain network to power faster payments and fiat-to-stablecoin conversion, according to a July 2 announcement.

    Big news 🗞️… OpenPayd x @Ripple

    We’re working together to embed OpenPayd’s universal financial infrastructure with Ripple’s enterprise-grade stablecoin and blockchain network. The result? Faster, simpler, more transparent global payments. 🌍💸

    What’s launching:
    🔹 EUR & GBP… pic.twitter.com/Z8hExB0yWv

    — OpenPayd (@OpenPayd) July 2, 2025

    Meanwhile, Peersyst Technologies launched an XRPLedger sidechain compatible with Eethereum (ETH)-based dApps dApps, further expanding adoption of XRP. News of the mainnet launch fueled bullish sentiment in the XRP community.

    1/ The XRPL EVM Sidechain is live on mainnet: https://t.co/CJ61aqZvhp

    After years of building with @Peersyst and the XRPL community, devs can now build, port, and deploy cross-chain and EVM-only dApps using XRP as gas, with a direct bridge to the XRPL.

    Get started 👇

    — RippleX (@RippleXDev) June 30, 2025

    The EVM sidechain launch attracted interested parties like Wormhole, an interoperability platform that partnered with Ripple to make the XRPLedger multichain. Wormhole is set to onboard over six million users to the XRPLedger and to function as the core interoperability platform for the payment giant’s blockchain. 

    💥 @Wormhole is announcing a partnership with @Ripple to bring multichain interoperability to the XRP Ledger and the upcoming XRPL EVM Sidechain.

    Wormhole will be the core interoperability solution for the XRPL ecosystem. This integration will bring institutional-grade… pic.twitter.com/xqTD5PU7Tp

    — Wormhole (@wormhole) June 26, 2025

    Three catalysts that could fuel XRP price rally 

    The XRPLedger sidechain launch, Ripple’s decision to withdraw its appeal in the SEC lawsuit, and the growing number of stablecoin and blockchain integrations are the top three catalysts likely to drive a new XRP rally.

    Crypto analyst @CryptoDonAlt, known for accurately timing previous XRP bull runs, tweeted on July 1 that “round 2” of XRP’s price rally may be on the horizon, fueling speculation among retail traders and holders.

    XRP up while most things are flat
    Is it finally time for round 2?

    — DonAlt (@CryptoDonAlt) June 30, 2025

    XRP remains one of the top three altcoins and has historically responded to Ripple’s ecosystem developments and legal updates. New partnerships and stablecoin-related integrations are likely to boost XRP Ledger utility, which in turn fuels demand for the token.

    Between the lines: XRP seems to follow in Bitcoin’s (BTC) footsteps, rallying alongside the king crypto and correcting during BTC’s consolidation phases. The addition of XRP to corporate treasuries may therefore be influenced by Strategy’s Bitcoin allocation playbook. 

    Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.





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