XRP has shown significant growth, reaching $3.18 amid declining selling pressure and emerging new technical signals. This article examines the factors contributing to this increase.
XRP Price Surge and Technical Indicators
On July 25, XRP surged to $3.18 as selling pressure dropped to $15 million across major exchanges. Net long positions rose to $704,000, while total short positions stood at $1.35 million, according to Coinglass data. The reduction in outflows and stable net positioning indicates exhaustion among sellers.
Legal Progress and Usability of XRP
The legal framework for XRP continues to progress toward resolution, starting with the closure of the SEC case. July marks the memo filing phase, while August brings public confirmation, and September will see the signing of the Clarity Act. By Q4 2025, the asset could receive official classification as a non-security.
XRP's Integration into Business Processes
Nasdaq-listed Wellgistics Health disclosed in an SEC filing its plans to use XRP for treasury, payments, and lending. The $50 million allocation backed by LDA Capital will support XRP infrastructure development. While this strategy drew criticism from former SEC official Marc Fagel due to Wellgistics' weak financials, others like Bill Morgan emphasized its practical use.
The growing interest in XRP and its integration into business processes indicate significant potential for this asset. With legal frameworks evolving and increased investor demand, XRP may occupy an important place in the financial ecosystem.
