- XRP charts hint at a bullish breakout, but a macro retest near $1 may precede it.
- Ripple’s Wormhole deal expands XRPL utility through cross-chain interoperability.
- XRP ETF prospects and Senate hearings spark institutional interest and volume surge.
XRP, the native token of the XRP Ledger, is stirring interest across the crypto landscape once again. With a growing wave of institutional engagement, game-changing developments in interoperability, and major legislative movement in the U.S., XRP appears poised for significant expansion.
Analysts are closely watching the charts, and one of the most notable voices EGRAG CRYPTO signals a possible retest before a breakout, labeling the setup as “bellissimo.” Beyond technicals, Ripple’s recent strategic partnerships and the rising odds of an XRP ETF are creating fresh optimism.
#XRP – DO YOU COMPREHEND?
— EGRAG CRYPTO (@egragcrypto) July 4, 2025
The MACRO formation has broken out, and a potential MACRO retest is still on the table. 🔍 The measured target is Bellissimo! 🎯
Bellissimo in Italian means: "Very Beautiful" or "Gorgeous." ❤️🔥 pic.twitter.com/u22UFYPkcq
Technicals Suggest a Macro Breakout
As reported by Digital Perspective, an analytic firm on Youtube, EGRAG CRYPTO’s recent chart analysis points to a macro breakout from a long-standing formation. This momentum shift could potentially usher in a major bull run.
However, a macro retest remains possible, with XRP potentially dipping before rebounding. Such corrections often rattle newer investors but are seen by experienced traders as buying opportunities.
EGRAG suggests the formation’s measured target paints a bullish picture—emphasizing how the setup resembles historic price moves seen in 2017 and 2021. A brief pullback, possibly near the $1 level, may occur. Yet, this could precede an explosive rally, particularly if pending regulatory clarity comes through.
Ecosystem Expansion and Real-World Utility
Meanwhile, Ripple is actively enhancing the XRP Ledger’s capabilities. A new partnership with Wormhole introduces cross-chain interoperability, connecting XRPL with Ethereum, Solana, and others. This creates more utility for XRP by expanding its reach beyond traditional boundaries.
Ripple also launched a new accelerator program in Asia-Pacific, aimed at nurturing blockchain startups. Additionally, the recent introduction of RLUSD, a Ripple-backed stablecoin, hints at ambitions well beyond payments. Ripple’s multi-chain strategy further confirms its push toward becoming a backbone of the future financial system.
Moreover, the XRP Ledger’s integration with institutional infrastructure continues. Ripple’s collaboration with major players such as BlackRock and VanEck underscores serious use-case demand. These moves are aligning XRP with the tokenization of traditional finance a multi-trillion-dollar shift just beginning.
Regulatory Momentum and Market Confidence
On Capitol Hill, the week of July 14 has been dubbed “Crypto Week.” Lawmakers will address stablecoins, digital assets, and market structure. Brad Garlinghouse, Ripple’s CEO, is scheduled to testify before the Senate Banking Committee.
Significantly, odds for an XRP ETF approval are rising. If granted, it could drive a new wave of capital into XRP markets. XRP’s recent $5 billion trading volume spike signals growing interest and institutional accumulation ahead of these decisions.
At press time, XRP trades at $2.23, down slightly over the past 24 hours but up 1.81% over the past week. With a circulating supply of 59 billion and a $131 billion market cap, XRP remains one of the most watched digital assets globally.
