Ripple has announced plans to create a national trust bank, which may solidify its position in the cryptocurrency market.
A New Era for Ripple and Its Banking Initiative
In July 2025, Ripple filed to launch Ripple National Trust Bank—a limited-purpose national trust bank headquartered in New York. The goal is to provide enterprise-grade custody, tokenization infrastructure, and stablecoin management without operating as a traditional deposit-taking bank. This also includes a request for a Federal Reserve Master Account, allowing Ripple to directly access the U.S. payment system.
XRP Testing Key Levels
Currently trading between $3.03 and $3.07, XRP recently broke out of a downward channel but is now facing resistance at $3.14 and $3.34. Technical analysts note that a clean breakout above $3.34 could trigger a move toward $3.69. Potential bank license approval and regulatory clarity may significantly enhance trust in XRP.
Ethereum Approaches $4,000
Ethereum is trading strong between $3,555 and $3,720, showing over 40% growth in the last month. Key resistance lies at $3,881 and $4,234. Ethereum may also indirectly benefit from Ripple's banking initiative, supporting the legitimization of tokenized infrastructure and blockchain-integrated banking services.
Ripple's plan to create a national trust bank signals significant changes in financial architecture, which could help XRP and ETH reach new heights.
