XRP's price has surged after Ripple's announcement of a partnership with BNY Mellon and inflows into ETFs, attracting institutional investors' attention.
BNY Mellon Partnership Drives XRP Surge
In July 2025, XRP rose past $2.80 due to its partnership with BNY Mellon. This collaboration strengthens Ripple’s ties with traditional financial institutions as the custodian of RLUSD promoting its adoption.
Ripple CEO Brad Garlinghouse is a key figure in driving the company’s vision, and BNY Mellon’s involvement signals significant institutional momentum for Ripple.
XRP Overtakes Tether in Market Cap
XRP's price rally temporarily positioned it third in market cap rankings, overtaking Tether. Institutional inflows into ETFs further indicate growing mainstream financial interest in Ripple’s ecosystem.
Trader DonAlt suggested a $7 price target for XRP, fueling retail interest. Teucrium’s XRP leveraged ETF showed growth in managed assets, indicating sustained institutional endorsement. DonAlt mentioned, "This thing looks ready to rocket."
Comparisons to XRP’s Major 2024 Rally
Comparisons are drawn to XRP's major 2024 rally, with DonAlt's predictions echoing past accurate forecasts. Momentum signals reflect growing investor confidence in potential surges.
Potential outcomes include increased liquidity and broader asset adoption. Data indicates a systematic shift toward stablecoin and XRP-linked mainstream financial integration within both DeFi and traditional finance.
The price increase of XRP, driven by the partnership with BNY Mellon and ETF inflows, showcases significant institutional interest and may herald further success for Ripple in the financial market.